This is a follow-up analysis of my prior report Oil Prices Slide Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak? published on 13 January 2025. Click here for a recap.From a technical analysis standpoint, Brent has tapped into a key...
GBP/JPY is currently at a pivotal level, with 192.46 acting as a crucial support zone that could determine the pair’s next movement. If this level holds, a bullish rebound remains the preferred scenario, with potential gains ranging from 111 to 161...
Good morning! Hope you're having a wonderful day! Looking at GBP/USD with the current price at 1.4414, and the lower price at 1.4297 and higher at 1.4467, here’s a fundamental and technical breakdown for a potential sell trade: Fundamental Analysis:...
EUR/USD H1 As of January 30, 2025, the EUR/USD currency pair is exhibiting a neutral technical outlook. The current exchange rate is approximately 1.04268 USD per EUR, reflecting a 0.07% increase over the past 24 hours. Technical indicators,...
EUR/NZD remains under significant selling pressure, as price action continues to struggle below the 1.8475 resistance level. The technical outlook remains firmly bearish, with the RSI holding below 50, reflecting sustained weakness in the pair....
