February 9, 2025 The USD/JPY pair is likely to decline, with an estimated pivot point at 155.85. The price is approaching the 150.06 support level after breaking below its bullish trendline. The US dollar has rallied a bit against the Japanese yen...
The crude oil market in the H1 timeframe has shown a prolonged downtrend, with price action consistently making lower highs and lower lows. The current price of 71.05 suggests that the market is in a consolidation phase after a significant bearish...
British Pound vs. Australian Dollar: Midterm Forecast and Technical Analysis Introduction The currency pair of the British Pound (GBP) and the Australian Dollar (AUD) has garnered attention due to the unique characteristics of both currencies. The...
The EUR/USD H1 chart displays a clear structure of price movement, incorporating trends, support/resistance levels, and a moving average for directional guidance. The price action reveals a prior downtrend from late December through early January,...
The USD/CHF currency pair has broken through a bearish trend line and has also breached the 50-period Exponential Moving Average (EMA). However, the market is currently trading below this EMA, indicating bearish pressure. The Relative Strength Index...