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Back Technical analysis
EUR/USD and GBP/USD: technical analysis on 25.10.2024
EUR/USD Higher timeframes Bullish players managed to seize
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EUR/USD Higher timeframes Bullish players managed to seize the initiative yesterday. As a result, we saw not only a slowdown but also a strong corrective rise, allowing the EUR/USD pair to rebound to the weekly cloud (1.0811) on the daily timeframe and head towards the resistance levels of the daily short-term trend (1.0839) and the upper border of the weekly cloud (1.0864). If the price settles above these levels, along with confirming the result on the weekly timeframe, it will allow the
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