EUR/USD is forming a textbook morning star pattern that suggests a potential bottom An adverse confirmation could trigger a reversal in returns and risk assets Break above downtrend target resistance 1.0461; long ones are preferred over short ones...
EUR/USD Technical Analysis: As of today, January 15, 2025, EUR/USD is trading around 1.0248, showing a slight increase of 0.04% from the previous close. I'm watching the pair closely as it's testing a critical support zone near 1.0230, which has...
The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
USD/CHF Technical Analysis: As of January 15, 2025, the USD/CHF pair is trading around 0.9169, showing a slight increase from the previous close. The Relative Strength Index (RSI) is at 63.576, which suggests bullish momentum right now. The Moving...
In my opinion, the NZD/USD chart on the H1 timeframe reflects a dynamic yet structured market, offering several opportunities for traders who carefully analyze its movements. The pair's price action shows alternating periods of consolidation and...
