The GBP/USD chart on the H1 timeframe clearly illustrates a prevailing downtrend, marked by consistent lower highs and lower lows, which indicates a dominant bearish market sentiment. Between late November and mid-December, the pair traded within a...
AUD/USD Technical Overview: As of today, January 15, 2025, I’m seeing the AUD/USD trading around 0.6198 USD per AUD. The 50-day moving average (MA) has recently crossed below the 200-day MA, which suggests a bearish trend, but I believe we might be...
The euro experienced slight depreciation against the yen in early Asian trading on Wednesday, hovering around 162.60 yen, following a 1% surge in the previous session. Technical analysis on the daily chart reveals the pair remains within an...
The euro continued its upward trajectory against the US dollar on Wednesday, building upon gains from the previous trading session. This move comes amidst a backdrop of mixed economic signals and shifting policy expectations. A recent report from...
EUR/USD Trading Analysis Update Wednesday, January 15, 2025 H4 Hour As we have witnessed, this month the structure of price movements in the market is still experiencing a downward pressure rally. Meanwhile, for the long-term trend under the...
