The USD/JPY pair is currently positioned in the mid-154s following a notable rebound from earlier lows around 152.10 this week, indicating a clear change in the macroeconomic narrative rather than an arbitrary fluctuation. The Chicago PMI for January in the US surged to 54 from 43.5, exceeding the consensus of 44 and indicating a notable … Read more
From a technical analysis perspective, USD/CAD finds notable support near the 1.3550 level, with additional downside protection extending toward 1.3450. However, the current session could see heightened volatility as key central bank developments unfold. The US dollar showed significant volatility early in Wednesday’s trading session, coinciding with interest rate decisions from both the US Federal … Read more
GBP/USD is currently positioned between 1.3830 and 1.3850, closely aligning with the 1.3869 high reached in September 2021. This movement marks a return to price levels observed in August 2021, following a notable increase of over 300 pips from the mid-1.35s. The pair is confined within a range of 1.3750 to 1.3850, as buyers consistently … Read more
The EUR/USD pair is currently positioned near 1.1950, fluctuating within a narrow range between intraday peaks just below 1.2000 and a support level around 1.1900. The recent movement originating from the 1.1680 zone peaked around 1.2082–1.2085, a range that corresponds with a 261.8% Fibonacci extension of the previous 1.16–1.20 segment. The specified zone represents the … Read more
The USD/JPY pair is currently positioned between 153.0 and 153.3 following a tumultuous month that saw the exchange rate surge from approximately 139 in April of the previous year to the 159–160 range, before experiencing a decline of about 4% from this year’s peak. The recent shift has brought back authentic foreign exchange volatility following … Read more
In previous AUD/USD forecast almost two weeks ago, it is noted that the price was undergoing a flat consolidation within a bullish trend, suggesting that a long trade from a bounce off the support level at $0.6661 would likely have been a prudent decision. We also considered that a bullish breakout beyond $0.6760 would indicate … Read more
GBP/USD recently reached a four-year peak at 1.3869 before retreating to the range of 1.3790–1.3800. The pair has convincingly surpassed the 1.3630–1.3710 resistance range, transforming that area into support, indicative of typical trend-extension behavior. The price maintains its position above a rising channel and is trading significantly above the 50-day EMA and 200-day EMA around … Read more
EUR/USD has been steadily advancing since late 2025, establishing a clear pattern of higher lows from the 1.1850 level. The pair initially encountered resistance within the 1.18661–1.18918 supply zone, a range that has consistently rejected price movements and established the upper boundary of a medium-term range. The ceiling has been tested and partially breached, with … Read more
The USD/JPY pair is currently positioned around 153.60–153.80, reflecting an increase of approximately 0.8% for the day following a significant decline earlier this week that brought the pair to a four-year low. The recent bounce indicates a partial recovery of the US Dollar in anticipation of the Fed’s decision, rather than a definitive trend reversal. … Read more
The USD/CAD pair is experiencing slight upward movement, hovering around 1.3720 in the Asian trading session on Tuesday. However, the potential for appreciation in the pair may be constrained, as uncertainties surrounding the Federal Reserve and concerns regarding a possible US government shutdown could apply downward pressure on the US Dollar against the Canadian Dollar. … Read more