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
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
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
The EUR/USD pair is currently positioned within the 1.17–1.18 range, with spot and futures pricing concentrated around 1.1740–1.1760, following an unsuccessful attempt to maintain a breakout above the 1.1800–1.1805 level. The pair has established a new weekly low close to 1.1740, while the US Dollar Index remains around 98.2–98.3, limiting any significant upward movement for … Read more
GBP/USD is currently positioned at approximately 1.3490, having struggled to break through the 1.3530–1.3550 range. Nonetheless, the market continues to exhibit a clearly defined upward trajectory. The price is fluctuating between 1.3485 and 1.3490 following a peak in Asia around 1.3510 and a slight decline in Europe. Nevertheless, the pair continues to operate within a … Read more
The EUR/USD rate is currently positioned between 1.1760 and 1.1780, having struggled to break through the 1.1800 to 1.1808 range in the previous week. The price is currently consolidating following a robust rally in December, amidst very low liquidity typical of the year-end period. On the macro side, three Fed cuts in 2025 have lowered … Read more
GBP/USD commenced the week at approximately 1.33785 and concluded near 1.34978, resulting in an approximate gain of 120 pips over the span of five trading days. The current price is positioned within a well-established short-term range, spanning from 1.34310 to 1.35430, with Friday’s closing value situated close to the upper boundary of this interval. The … 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 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
The GBP/USD pair is currently fluctuating between 1.3470 and 1.3518 following a two-day surge that brought it to its peak levels since early October, nearing a 12-week high. Buyers stepped in aggressively after the Bank of England moved Bank Rate down by 25 bps to 3.75%. However, a narrow 5–4 split vote and persistent inflation … Read more