ForexNewsPlus Updates

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

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GBP/USD Reaches 1.34 as NFP and Fed-BoE Split Test 1.3380 Support

GBP/USD is currently positioned at approximately 1.3430–1.3435, resting at its weekly low after struggling to maintain levels above the 1.3550–1.3570 resistance zone, where it recorded a four-month peak close to 1.3568. The pair has experienced a decline for four consecutive sessions, shifting from the mid-1.35s to the low-1.34s as the U.S. Dollar Index approaches 99.00 … Read more

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EUR/USD Dips to 1.1650 Amid NFP and Tariff Concerns

The EUR/USD pair is currently positioned around 1.1650, having experienced five straight days of declines. This movement has reversed the late-December advance towards the 1.1770–1.1808 range, resulting in a retreat into the lower segment of the 1.1589–1.1917 framework. The decline aligns with a strengthening US Dollar and a market adjusting to US labor data, reflecting … Read more

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USD/JPY at a Pivotal Point as Dollar Power Hits Resistance

The USD/JPY has experienced a notable increase of approximately 12.7% from its 2025 low and is currently positioned just beneath a significant resistance zone after reaching one-year highs in the range of 157.7–157.8. Spot increased to approximately 157.75 due to overall yen weakness, with intraday levels reported between 157.39 and 157.75 as the dollar appreciated … Read more

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AUD/USD Hits Multi-Month High After Australian Inflation Data

The AUD/USD pair surged to its peak since October 2024 following the release of Australia’s most recent consumer inflation report. The asset reached a peak of 0.6765 before retreating to the present level of 0.6723 as market participants shift their attention to the forthcoming US jobs report. The AUD/USD pair experienced an increase before retracting … Read more

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GBP/USD Stuck Around 1.3450 as Fed Cut Speculation

GBP/USD is currently positioned between 1.3450 and 1.3465, undergoing consolidation following its inability to maintain the 1.3560–1.3570 peak, marking the highest point since mid-September. The pair is currently confined within a distinct short-term range, with support located around 1.3400 and resistance positioned between 1.3520 and 1.3560. The US Dollar Index is currently positioned between 98.70 … Read more