ForexNewsPlus Updates

EUR/USD at 1.1680 as Euro Struggles with Strong US Data

EUR/USD is currently positioned between 1.1680 and 1.1690 following four consecutive days of declines, remaining below the 1.1700 level as momentum shows signs of weakening. On the daily chart, the 14-day RSI is positioned at approximately 42.6, which is below the 50 midline, indicating a neutral-to-bearish momentum, suggesting that this is not a healthy pause. … Read more

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USD/JPY Stays at 156.70 as Markets Anticipate NFP Surprise

The USD/JPY is currently positioned between 156.70 and 156.80, reflecting a 12.7% increase from the 2025 low. It is consolidating just below significant resistance as the US dollar index approaches the 98.85–99.00 range. The pair has maintained a range between 154.40 and 157.90 for over six weeks, with price consistently facing resistance near 157.90 and … Read more

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USD/CAD Eyes 1.38 as Market Awaits Key Jobs Data

The USD/CAD pair has experienced a modest increase in early Tuesday trading, with attention remaining firmly focused on the 1.38 level. USD/CAD is known for exhibiting significant volatility even under stable conditions, as a large portion of transactions between the United States dollar and the Canadian dollar are driven by necessity due to the two … Read more

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GBP/USD Stays at 1.35 as Dollar Dips Ahead of ISM and NFP

The US Dollar Index is currently positioned within the 98.50–98.65 range, forming an ascending triangle pattern. Support levels are identified near 98.50 and 98.15, while resistance is concentrated between 98.85 and 99.07. The current structure indicates that the Dollar has established a support level, yet there hasn’t been a clear breakout to the upside. This … Read more

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EUR/USD Stays at 1.17 as Bears Aim for 1.1660 Ahead of US Jobs

EUR/USD is currently positioned around 1.1690–1.1700, undergoing a measured correction from the peak observed in late December at 1.1808. The price is positioned above the ascending 50-day EMA at 1.1684, yet remains below the 9-day EMA around 1.1724. This indicates a period of consolidation following the decline, rather than a definitive trend reversal. On the … Read more

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USD/JPY Stays at 156.6 Amid BoJ Hawkish Shift

The USD/JPY pair is currently positioned between 156.5 and 156.7, showing little movement throughout the day, as the price remains stable rather than following a clear trend. The US Dollar Index is currently positioned around 98.4–98.7, reflecting a recovery in the dollar following previous declines. However, this movement appears to be influenced by position adjustments … Read more

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AUD/USD Remains Bullish Despite Fed & RBA Split

The AUD/USD maintains its upward trajectory on Tuesday morning, approaching its peak level since October 2024. The asset was positioned at 0.6716, reflecting an increase of nearly 5% from its lowest point recorded in November of the previous year. The Australian dollar has demonstrated a robust upward trajectory in recent weeks, particularly as it has … Read more

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GBP/USD Stays Above 1.35, Aiming for 1.36 Break

The GBP/USD pair has entered a distinctly positive territory, oscillating throughout the day between 1.3520 and 1.3560 after reaching a new three-month peak at 1.3562 during early Asian trading and subsequently surging again towards 1.3567 later in the session. The market has moved past the 1.3500 level, trading confidently above it, which aligns with expectations … Read more

EUR-USD

EUR/USD Stays at 1.1700 as Weak US Data

EUR/USD is hovering around the 1.1700 level, with neither party asserting dominance. The pair has rebounded from the 1.1658–1.1660 support band, reached intraday highs near 1.1735, and has consistently struggled to maintain levels above the 1.1740 area. On short-term charts, price is fluctuating between approximately $1.1710 and $1.1728, with current values lingering around $1.1690–$1.1710, aligning … Read more

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USD/JPY Stays at 156.70 as Markets Balance Soft NFP Risk

The USD/JPY pair is currently positioned between 156.5 and 156.7, showing a recovery from Monday’s decline as the US Dollar strengthens and US yields experience a slight increase. The US Dollar Index has returned to the range of 98.4–98.5 following a dip influenced by risk-on flows. This slight recovery is sufficient to maintain the pair … Read more