Market Overview: GBP/USD Technical Analysis The Relative Strength Index (RSI) on the 4-hour chart for GBP/USD remains below 50, signaling a persistent lack of buyer interest. This bearish sentiment is supported by key technical indicators,...
Oil Price Forecast for February 10, 2025 On the weekly chart, the price briefly dipped below the MACD indicator line before rebounding. The new trading week opened above this line, and the price is currently testing resistance at 71.44. The signal...
EUR/USD Price Recap Current Market Situation The H1 chart for EUR/USD is currently displaying an interesting scenario. The price is trading between a support level at 1.0310 and a resistance level at 1.0380, indicating that the market may be...
XAUUSD(Gold) XAUUSD(Gold) outlook: Gold remains in a tight range, responding to the interplay of U.S. Dollar strength and global geopolitical risks. The outlook for gold is influenced by USD strength, interest rate expectations, and safe-haven...
GBP/USD has exhibited persistent bearish momentum, with 1.2425 acting as a key resistance level that continues to suppress any upside breakout attempts. The failure of the pair to hold above this pivot suggests that sellers remain in control,...
