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The USDJPY price tests the resistance – Forecast today - 11-02-2025
The USDJPY price tested 152.55 resistance line and bounced bearishly from there, to keep the negative scenario valid for the upcoming period, waiting to test 151.05 again, reminding you that breaking this level will push the price towards 149.80 as a next negative station.
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The GBPUSD price heads towards the support - Forecast today - 11-02-2025
The GBPUSD price trades negatively to head towards potential test to the key support 1.2310$, and as we mentioned yesterday, this level represents one of the next trend keys besides 1.2415$ resistance, as the price needs to surpass one of them to detect its next destination clearly.
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The EURUSD price crawls downwards – Forecast today - 11-02-2025
The EURUSD price shows calm bearish bias to move away from 1.0325$ level and reinforce the expectations of continuing the bearish trend on the intraday basis, waiting to test 1.0220$ as a next main target.
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SOL price trapped in a hesitant place - Forecast today - 10-02-2025
SOL/USD price advanced in the intraday levels, while trading alongside the main upward trend in the short term, with positive signals from the RSI after reaching oversold levels, but countered with negative pressure due to trading below the 50-day SMA, thus hindering upcoming gains.
Therefore we expect more gains for the price, targeting the first resistance at $223.20, provided the support of $187.40 holds on.
Trend forecast for today: Bullish