Market analysis Wednesday, February 5, 2025 USDJPY Good morning, The USDJPY pair trend journey has made the price bearish to the 154.00 area where the area is a strong support for the 4-hour time frame chart. And technically the seller has lowered...
I observe that USD/CAD has experienced a significant downward movement today, breaking through interim targets and now testing the strong support level at 1.4300. Currently trading at 1.4314, I note the price is consolidating near this key level,...
Forex Market Outlook Wednesday, February 05, 2025 Good morning fellow forex traders. Good afternoon. I am very sure that all fellow members are ready to continue their routine activities. Friday is the last day of the trading session in the forex...
GBPUSD GBPUSD outlook: The GBP/USD pair is facing a tug-of-war between the relative strength of the U.S. Dollar and the potential support the British Pound could receive from the Bank of England's cautious stance. The U.S. Dollar continues to hold...
XAU/USD If we open the daily chart for gold, we will see that my previous analytical forecast is playing out quite confidently. At the time of writing this analytical post, gold is trading at 2843 against the previous level of 2810. Technically, on...
