Today, an interesting gap formed on the USDCAD pair as the price sharply jumped to the resistance level of 1.4360, which marks the upper boundary of the current side channel. Despite this movement, the overall market structure remains unchanged....
AUD/USD As of February 10, 2025, the AUD/USD pair is trading near a five-year low, reflecting a mix of technical and fundamental pressures. Technical Analysis: AUD/USD remains in a strong downtrend, recently testing key support levels around 0.6170...
The GBP/USD chart on the H1 timeframe shows a market that has been moving in a relatively volatile range, with the current price at 1.2398. Bollinger Bands indicate fluctuations in volatility, with recent price action testing both upper and lower...
February 10, 2025 The Australian Dollar (AUD) is trading at approximately 0.6269 against the US Dollar (USD). The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) for the third consecutive day on Monday, weighed down by...
GBP/USD: What’s Happening Right Now(February 10,2025)? Bank of England Cuts Rates The British pound took a hit recently after the Bank of England announced a rate cut, lowering interest rates from 4.75% to 4.5%. This move, aimed at boosting the UK...
