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USD/CHF showed positive signals during today’s trading, as it successfully held above the the daily pivot point at 0.91375. The SMA 9 also provides positive signals, as the price is moving above it. However, If the pair resumption rise, may reach toward 0.91930 then 0.92085. Conversely, if the price declines, it could target 0.91155 then 0.90980.
Highness
Feb 03, 2025
USD/CAD saw a notable rise during today’s session, underpinned by some positive factors, including the price holding above the bullish channel, which resulted in the pair gaining positive momentum. If the price continues to rise, it may reach 1.48080 then 1.48445 in the near term. On the other hand, if the price declines, it could test support levels at 1.46285 then 1.45960.
Highness
Feb 03, 2025
AUD/USD is experiencing a decline during today's session, as the price remained below 0.61240. Additionally, the SMA 9 explains the reason for this decline. If the price resumption its decline, it could reach 0.60620 then 0..60395. Conversely, if the pair gains positive momentum, it could push the price to touch the first resistance level at 0.61500 then 0.61725.
Highness
Feb 03, 2025
The pair shows a bearish bias during today’s trading, due to negative signals appearing on the chart, including the price moving below the trendline and losing positive momentum. If the pair remains below the daily pivot point at 1.23025, it may continue to decline toward 1.22090 then 1.21765. On the other hand, if the price manages to rise, it could reach the first resistance level at 1.23500 then 1.23790.
Highness
Feb 03, 2025
EUR/USD opened today with a noticeable decline due to stayed below the daily pivot point at 1.02830. It is worth noting that the SMA 9 explains the mentioned drop, but the price still awaits some positive momentum to rise. If that momentum is not found, the price may retreat towards 1.01690 then 1.01380. It is important to mention that if the price manages to stay above the aforesaid pivot point, it will push the price higher towards 1.03385 then 1.03720.
Highness
Feb 03, 2025
US Dollar Index saw a notable increase during today's session, as it remained above the midpoint of the bullish channel. It is worth noting that the SMA 9 is inicating some positive signals, with the price moving above it on 1-hour chart. Currently, the price is trading around the daily pivot point at 109.420, attempting to clings above it , targeting 110.200 then 110.460. On the other hand, if the dollar declines, it may reach 108.800 then 108.510.
Highness
Feb 03, 2025
S&P 500 index managed to rise due to its stability above the trendline during yesterday's trading. It is worth noting that staying above the SMA 9 will drive the price to continue rising in the short term, but we are waiting for it to gain some positive momentum. If this happens, the price may reach towards 6087, then 6113. On the other hand, if the price fails to rise, it may retreat to 5999, which is a strong support level. If this level is broken, it could put pressure on the index, pushing it down towards 5976.
Highness
Jan 30, 2025
Nasdaq index rose slightly during today’s session as it stayed above the bullish trendline, with the SM 9 confirming the mentioned rise. Currently, the price eyes resumption it’s bullish trendline. If it manages to do so, it may reach towards 21716 then 21808. On the other hand, if the price declines, it may deepen its losses, reaching towards 21305 then 21226
Highness
Jan 30, 2025
Dow Jones index recorded an increase during today’s trading due to its stability above the daily pivot point at 44625, with the SMA 9 indicating some strength. However, we are waiting for the price to remain above this level on the 1-hour chart. Meanwhile, the price is moving around 44812, and if it stays above this level, it may pave the way for further gains, starting at 45128 then 45271. On the other hand, if the price declines, it may drop towards 44485 then 44346.
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