I begin by analyzing the daily timeframe for the EUR/USD pair. I observe that after a rebound from the local high of 1.1210, the pair transitioned into a sustained downward trend, forming a well-defined southern price channel that persisted from...
EURUSD Daily Time Chart Analysis The EUR/USD currency pair experienced a bearish market, falling below a key descending trend line and a key support level. The Relative Strength Index (RSI) is signaling a potential further decline. While the...
#GOLD Gold price after updating the historical maximum at 1816 on Friday continues to hold on to the highs, I think the north is not over yet before the correction to the south. This is in the perspective of the current week. As for the daily...
GBP USD -_- As of February 4, 2025, the GBP/USD currency pair is experiencing a neutral trend, with technical indicators providing mixed signals. The current price is approximately 1.2438, reflecting a 0.49% decrease from the previous close of...
Forex Market Outlook Tuesday, February 04, 2025 Good morning fellow forex traders. This morning I will make a technical analysis for the next trading plan in the GBPUSD currency pair . I hope this analysis can help determine the direction of the...
