GBP/USDound Rises as Economic Data Shifts Market Sentiment(February 21,2025) Inflation Surprise Fuels Expectations One of the key drivers behind the Pound’s recent strength is the surprising inflation data for January. The Consumer Price Index...
EURUSD Daily Forecast The currency pair is finding it hard to build upward momentum as the Bollinger Bands are narrowing, suggesting a potential bounce is near. Even with recent improvements, the 20day moving average and the significant resistance...
I wish everyone a great mood! The linear regression channel indicator shows that the seller remains active and strong, as the channel slope points to the south. I am considering sales, starting from the upper channel border of 2944.51, where...
USDJPY H1 The pair bounced off the resistance of 154.964, bounced off this resistance and broke through the support of 153.496. The support was broken, traded near the support of 151.279. Bounced off this support a little, there was a range, there...
On the one hand, nothing has changed for the EURUSD pair in the sense that the upward movement continued and yesterday, among other things, they grew quite well. Moreover, there is room to move further, because the platform in the area of 1.05350...