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Forecast for GBP/USD on January 17, 2025

Yesterday, the pound broke through the lower shadow of the daily candle for the fourth consecutive day at the support level of 1.2186. Given...

Forecast for AUD/USD on January 17, 2025

The Australian dollar tested the upper boundary of the descending price channel on the daily chart yesterday and then retreated downward. ...

EUR/USD: Trapped in a Sideways Trend

The pair remains range-bound, moving in a confined price corridor. Buyers are struggling to establish a firm position at the 1.03 level, whi...

Forecast for USD/JPY on January 16, 2025

The USD/JPY pair began to decline sooner than we predicted in our weekly forecast, as we anticipated this drop would occur closer to the Ban...

Trading Recommendations and Analysis for EUR/USD on January 16: Another Logical Collapse

EUR/USD 5-Minute Analysis On Wednesday, the EUR/USD currency pair initially traded upward for most of the day but later lost all its gains...

EUR/USD: All Doubts Against the Greenback. U.S. CPI Report Pressures the Dollar

The mixed U.S. inflation report, released at the start of the American trading session, raised more questions than it answered. While the he...

Trading Recommendations and Analysis for EUR/USD on January 15: Fast Down, Slow Up

EUR/USD 5-Minute Analysis The EUR/USD currency pair continued its upward correction on Tuesday, following similar movements from the previ...