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GBP/USD Soars to 1.3470 as Fed Shock Drops Dollar Under 99

GBP/USD is currently positioned between 1.3470 and 1.3485, reflecting an increase of approximately 0.5 to 0.6% for the day, following a significant rebound from a near three-week low slightly above 1.3400. The pair has turned directly on the 200-day moving average cluster at 1.3380–1.3400 and moved back into the mid-1.34s, reversing a four-session losing streak. … Read more

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EUR/USD Approaches 1.17 as Fed-Powell Crisis Boosts Euro

The EUR/USD pair is currently fluctuating within a narrow yet volatile range of 1.1650–1.1700, showing signs of recovery from the previous week’s low of 1.1617 and consistently testing the 1.1690–1.1700 area. The shift is influenced not solely by traditional growth or interest rate differentials; rather, it is propelled by a significant institutional impact on the … Read more

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USD/JPY Approaches 158 Amid Fed Probe

The USD/JPY cross is currently positioned between 157.7 and 158.2, reaching one-year highs and approaching the peak observed in January 2025. The price action indicates a clear and sustained uptrend: daily closes are consistently above the 21-day SMA near 156.5 and the 100-day SMA around 152.7. Additionally, momentum indicators such as RSI at approximately 62 … Read more

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GBP/USD Nears 1.34 After Fed’s Hawkish Cut

GBP/USD at approximately 1.3420 indicates that the dollar is currently dominant, rather than sterling. The pair encountered resistance above 1.3567, establishing a definitive short-term peak at that level, subsequently declining towards the 1.34 mark as US data strengthened the demand for USD. ISM services exceeded expectations, with new orders and prices paid remaining high, reinforcing … Read more

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EUR/USD at 1.16 as FXE Faces $5.4M Outflow Post-NFP Miss

EUR/USD begins the week positioned around 1.1633–1.1634, nearly identical to its trading level on 10 December; however, the trajectory to this point has been distinctly unfavorable. At the beginning of last week, the pair was securely positioned above 1.1700, trading near 1.1720, until sellers aggressively intervened. On Monday, the cross declined to 1.1685, unable to … Read more

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USD/JPY Soars to 158 as Yen Exits and US Data Boosts Dollar

The USD/JPY has entered a distinct bullish phase, surpassing the significant ¥157.75 breakout level on Friday and currently trading in the range of ¥157.9–¥158.0, reflecting an approximate increase of 3.98% over the past three months. The weekly candle concluded near the upper limit of the range, just beneath the significant ¥158 threshold, positioning the pair … Read more

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GBP/USD Hits 1.34 as Strong US Data Boosts Dollar

GBP/USD is currently positioned near 1.3420, approaching its weekly low and the significant 1.3400 area, following an inability to maintain early-week advances towards 1.3567, where a distinct short-term peak was established prior to a notable downturn. The recent decline is primarily attributed to the strength of the USD. A series of stronger-than-anticipated US economic indicators … Read more

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EUR/USD Dips to 1.16 Support as Dollar Soars on 4.4% Jobs Data

The EUR/USD pair has retraced over 1.6% from its December high near 1.1747–1.1775 and is currently experiencing a heavy trading range between 1.16 and 1.17. The pair has recorded nine declining sessions in the past eleven and experienced two successive negative weeks, indicating a significant correction rather than mere fluctuations from the late-year breakout. The … Read more

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USD/JPY Near 158 as Targeting 161.94 High

The USD/JPY structure has resumed a definitive upward trajectory following the correction from the 161.94 peak, which retraced to 139.87 and subsequently paused. The three-wave decline to 139.87 appears to be complete, and the pair has now moved back above 157.88, further extending the recovery phase that began from the 142.66–145.47 area. The ongoing movement … Read more

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AUD/USD Outlook on Volatility Key Levels and Central Bank Influence

During the early hours of Thursday’s trading day, the AUD/USD pair witnessed a significant dip; nevertheless, the Australian dollar continues to linger at multi-month highs as we anticipate the release of Non-Farm Payroll data in the United States which is expected to be released later today. The manufacturing sector in China exerts a tremendous amount … Read more