Toward the end of 2025, USD/JPY is positioned near the year’s peaks, reflecting a distinct bullish trend stemming from the prolonged carry trade, yet it is beginning to exhibit signs of weakening momentum. The pair has been fluctuating for nearly two years within a broad range of approximately 140 yen to 160 yen per dollar, … Read more
The GBP/USD pair is currently positioned just below the $1.35 mark, with the spot rate at approximately 1.34994 according to the forecast feed and around 1.3492 in the cross-market wrap. The price is currently consolidating following a robust pre-Christmas rally that elevated the pair to an 11-week high close to $1.35. The current market activity … Read more
The EUR/USD pair is positioned around 1.1770–1.1810 as we approach the end of 2025, reaching a three-month peak just under 1.1810. This movement underscores the significant decline of the dollar, even in the face of a euro supported by merely moderate growth. Spot EUR/USD reached just below 1.1810 before retreating to around 1.1772. The significant … Read more
The USD/JPY is currently positioned in the mid-156s, specifically around 156.5–156.6, following a recent high near 157.77 and maintaining a presence in the upper segment of a broad 140–160 range throughout much of Q4. The daily candles exhibit a sense of control; however, it is important to note that we are in late-cycle territory following … Read more
The US dollar is experiencing a decline against the Canadian dollar during Christmas Eve trading, likely due to the thin trading environment typically seen during this period. In USD/CAD, given the current conditions, it is essential to approach the market with a high degree of caution, as USD/CAD is likely to experience significant volatility once … Read more
GBP/USD is currently positioned in the mid-1.34s to 1.35s range, having struggled to surpass the recent swing high close to 1.3535. On the short-term chart, GBP/USD is positioned slightly above the 50-EMA at approximately 1.3470, while more substantial structural support can be found near the 100-EMA around 1.3340. Provided that the 1.3410–1.3470 range remains intact, … Read more
EUR/USD is currently positioned between 1.176 and 1.179, hovering just below the 1.1800 resistance level following a steady ascent. Meanwhile, the DXY remains in the vicinity of 97.9 to 98.1, facing resistance below approximately 98.70. The pair is navigating within a rising channel on the medium-term charts: the 50-EMA at approximately 1.1745 serves as the … Read more
The USD/JPY is currently positioned in the mid-156 range, having retreated from a year-to-date high near 157.83 and consistently struggling to maintain levels above the 157–158 range. The rejection zone now establishes the upper boundary of a distinct double-top formation on the daily chart, with a neckline positioned around 154.42 and further trend support near … Read more
GBP/USD is currently positioned at $1.3501, maintaining Wednesday’s closing level as we approach the December 25 holiday, while adhering to a clear ascending channel that has been instrumental in the uptrend since late November. The US Dollar Index, currently around 97.95, is confined within a descending channel that has restricted every upward movement since mid-November. … Read more
EUR/USD is currently positioned between 1.1779 and 1.1800, hovering just below a short-term supply zone at 1.1800 following a consistent upward movement since late November. The price is currently navigating an upward channel on the 2-hour chart, with previous resistance levels at 1.1745–1.1750 now functioning as support and coinciding with the intraday trend line. The … Read more