USD/JPY: February 12, 2025 Market Movements U.S. Dollar’s Hold on the Market As we dive into February, the U.S. dollar is firmly holding its ground against the Japanese yen. The Federal Reserve’s decision to take a more tempered approach to interest...
GBP/USD Price Outlook When analyzing the GBP/USD chart, it is crucial to recognize the current bullish momentum demonstrated in the hourly time frame. The price trend appears to be moving upwards, indicating a strong presence of buyers in the...
The USD/CAD currency pair is currently experiencing a sideways movement, oscillating between levels of 1.4269 and 1.4373, as indicated by the horizontal lines drawn on the H1 time frame. The market is currently trading at around 1.4295, positioning...
Technical analysis of the GBPUSD pair The technical analysis of the pair on the 1-hour chart shows the price trying to break the resistance area upwards. Today, the price started trading inside the triangle marked in white, which is the common area...
The EUR/USD currency pair began Monday's North American trading session with a weaker opening around 1.0280. Although it subsequently recovered slightly to approximately 1.0300, the pair remained down by 0.17% at the time of reporting. This initial...