The GBP/USD H4 chart presented shows a strong downtrend over an extended period, with the price making lower highs and lower lows. The red moving average (likely a 50-period or 20-period MA) is acting as dynamic resistance, keeping the price below...
The AUD/USD currency pair is exhibiting signs of bullish momentum, maintaining its position above the crucial pivot level of 0.6265. This level has become a significant reference point, acting as a decisive threshold between further bullish...
Trump’s tariff war crushes Asian stocks Trade wars unleashed by US President Donald Trump have hit Asian stocks like a steamroller. According to Bloomberg, shares of Toyota, Honda, and Nissan have plunged by at least 5%, and more drops are to...
Euro/USD Forecast for February 10, 2025 As of the end of last week, the Euro failed to hold strong above the trendline of the price channels, retreating below the declining red channel line on the weekly chart. Overall, the forecast suggests that...
USDJPY Daily Analysis The USDJPY daily chart shows clear trends. It influences well-known indicators and SMA. This helps determine the market trend. The price is above the 50-period SMA moving average. This represents growth. These observations are...
