Gold price begins positively – Forecast today - 10-02-2025
Gold price opens today with clear rise after leaning on the breached resistance of the bullish channel, noticing that stochastic provides positive signals that support the chances of achieving more rise in the upcoming sessions.
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The USDCAD price tests the moving average – Forecast today - 10-02-2025
The USDCAD price is testing the EMA50 that forms good resistance against the intraday trades, noticing that stochastic begins to lose the positive momentum, thus, the price is facing negative factors that might assist to achieve more bearish correction in the upcoming sessions.
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The USDJPY price attempts to recover – Forecast today - 10-02-2025
The USDJPY price found solid support at 151.05, to show bullish bias and approach testing the key resistance at 152.55, and the price needs to hold below this level to keep the bearish trend scenario active, which its targets begin by breaking the mentioned support to open the way to head towards 149.80.
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The GBPUSD price under the negative pressure - Forecast today - 10-02-2025
The GBPUSD price traded with clear negativity in the previous sessions to break 1.2415$ and close the daily candlestick below it, to head towards potential return to the main bearish track, but its still within the correctional bullish channel that appears on the chart, which might assist to push the price to rise again.
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