ForexNewsPlus Updates

GBP/USD Nears Key 1.3400 Breakout Zone

GBP/USD commenced Thursday at approximately 1.3244, establishing support during the Asian session by rebounding from the critical swing zone between 1.3244 and 1.3252. It entered North American trading close to the 100-hour moving average at 1.3301 and experienced a rise to 1.3356 after the Bank of England’s announcement — reflecting an increase of around 0.76% … Read more

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EUR/USD Under Pressure as Dollar Strength Persists

EUR/USD commenced 2026 at a year-to-date peak of 1.2085 in January. Currently, it is positioned between 1.1465 and 1.1507 on Thursday, March 19 — reflecting a decrease of about 5.1% over the past three months, with no signs of deceleration in this trend. The pair experienced a decline exceeding 0.8% on Wednesday, subsequent to the … Read more

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USD/JPY Approaches Key 160 Breakout Zone

The USD/JPY pair is currently fluctuating between ¥157.63 and ¥158.92 on Thursday, influenced by session measurements. It has seen a decline of 0.57% to 0.62% today after reaching its peak level since July 2024 during Wednesday’s trading session. The recent decline is minimal and lacks significant structural implications — the pair has retraced to the … Read more

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EUR/USD Weak Bounce as Downtrend Holds Below 1.1530

EUR/USD is currently positioned around 1.1500 on Tuesday, maintaining the gains from Monday’s recovery after breaking a four-day decline that saw the pair drop from above 1.16 to a session low of 1.1410 — a fluctuation exceeding 5% within just a few days. The recovery appears to be progressing positively at first glance. It is … Read more

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USD/CAD Falls Near 1.3710 Amid Middle East Tensions

The USD/CAD pair experiences a decline, approaching 1.3710 during the early hours of the Asian session on Monday. Increased geopolitical tensions in the Middle East may enhance the appeal of the US Dollar, recognized as a safe-haven currency. In February, the Canadian economy experienced an unanticipated decline, shedding 84,000 jobs. The USD/CAD pair is currently … Read more

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USD/CAD Slips as Oil Prices Surge

In the early European session on Thursday, USD/CAD has softened to approximately 1.3600. Oil prices increase due to the closure of the Strait of Hormuz, providing support for the commodity-linked Loonie. Market participants are closely monitoring the upcoming release of the US PCE inflation data for January, scheduled for Friday. The USD/CAD pair is currently … Read more

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AUD/USD Soars to Nearly Three-Year High Over 0.7150

AUD/USD draws interest from buyers around the 0.7170 mark during the early Asian session on Wednesday. A growing number of economists anticipate that the RBA will increase interest rates in the upcoming week. The prevailing positive bias of the pair remains intact above the significant 100-day EMA, supported by bullish RSI momentum. The initial support … Read more

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GBP/USD Reaches 1.3480 for Third Consecutive Rise

GBP/USD is currently positioned at 1.3480 on Tuesday, March 10, 2026, marking a continuation of its recovery over three successive sessions following a decline to 1.3285 during the peak of the Iran war oil shock last week. Three days of consecutive gains off that floor appear promising at first glance — however, the underlying structure … Read more

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USD/CAD Falls Near 1.3630 as Oil Climbs

USD/CAD eases to approximately 1.3630 in the early Asian session on Thursday. An increase in crude oil prices boosts the commodity-linked Canadian Dollar. The US service sector demonstrated growth in February 2026. The USD/CAD pair declines to approximately 1.3630 in the early Asian session on Thursday. The Canadian Dollar strengthens against the Greenback as oil … Read more

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GBP/USD Struggles Below 1.3400 as Dollar Stays Firm

GBP/USD is currently positioned at $1.3361-$1.3380 on Wednesday, showing a slight recovery from the session’s lows but struggling to maintain a definitive break above the $1.3400 psychological threshold that has characterized the pair’s upper limit since the onset of the Iran conflict. The session high reached $1.3403 before sellers regained dominance — a clear rejection … Read more

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