ForexNewsPlus Updates

USD/JPY Dips as It Aims for 156.7–158.0 Defiance

The USD/JPY pair is currently positioned between 156.2 and 156.4, having successfully maintained the 155.0 to 155.3 range multiple times throughout the week. The price movement continues to follow the established bullish pattern that initiated from the low in April 2025, situated around 149–150, and has been constrained by the peak of 2025, approximately 158.8. … Read more

ForexNewsPlus Updates

EUR/USD Pressured as Oil Risk and Dollar Strength Dominate

The primary influence on EUR/USD at this moment is geopolitics, which is directly impacting energy markets. The market currently reflects approximately a 60% likelihood of a US strike on Iran by 31 March. Meanwhile, Brent is trading within the $71–72 range, with potential to rise towards $75–76 if that probability approaches 100% and traders begin … Read more

ForexNewsPlus News

EUR/USD Stays Strong at 1.1770 as DXY Remains Under 98

The EUR/USD pair is currently positioned between 1.1770 and 1.1790, resting on a significant support area that has characterized the most recent phase of the movement. The pair has retraced from a recent peak around 1.2050; however, the medium-term framework stemming from the 1.1578 low continues to exhibit higher highs and higher lows, indicating a … Read more

ForexNewsPlus News

USD/JPY Hits 157 Ahead of Japan Election

The USD/JPY is hovering around the 157.00 level following a tumultuous round-trip that saw the pair rise from an October low of approximately 147.06 to a January peak near 159.45, before retreating to around 152 and subsequently rebounding. The rebound from just below 152 has already captured approximately 3.5%, positioning the spot for an estimated … Read more

ForexNewsPlus News

GBP/USD Approaches 1.39 as Dollar Dips

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

ForexNewsPlus News

GBP/USD Hits 1.35 as Strong UK Data Meets Weak Dollar

GBP/USD is currently fluctuating within a narrow yet assertive range of 1.3490–1.3535, having reversed a three-week downturn from the early-January peak close to 1.3568 and rebounded from the demand zone situated between 1.3340–1.3355. The pair is currently approaching a significant resistance zone at 1.3500–1.3570, where previous sellers have successfully upheld the downtrend. The macro backdrop … Read more

ForexNewsPlus Updates

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

ForexNewsPlus News

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

ForexNewsPlus News

GBP/USD Price Outlook – Cable Stalls at 1.3450

The GBP/USD pair is currently stabilizing at approximately 1.3450, following a year that commenced near 1.21, which marked a 15-month low, and reached a peak of 1.3790, representing a four-year high. The trajectory of that price is significant as it establishes the two thresholds that govern behavior in 2026. 1.35 is not merely a round … Read more

ForexNewsPlus News

EUR/USD Price Is Pressurized around 1.1750–1.1800

The EUR/USD pair is currently positioned between 1.1750 and 1.1760, consistently testing a level that has historically rejected price movements several times since the end of the third quarter. This is a systematic issue of congestion. The convergence of a 2025 high-week close (1.1747–1.1755), a 61.8% retracement of the September pullback, and the upper boundary … Read more