EUR/USD commenced the week at 1.1685, experiencing a decline of 0.2%-0.5% during the session. The price movement has contracted into a tight range, illustrating the dynamics of a currency pair influenced by two opposing forces, each exerting equal and persistent pressure. Last week, the pair reached five-week highs around 1.1725-1.1740, driven by optimism surrounding a … Read more
The delicate US-Iran ceasefire, coupled with ongoing regional attacks, has maintained a spotlight on geopolitical risks. US PCE inflation remained steady, and labor market indicators showed continued strength. The expectations for a Bank of England rate hike, coupled with a weaker Dollar, contribute to the ongoing support for Sterling. The GBP/USD pair moves above the … Read more
On Thursday, EUR/USD experienced an increase, reaching 1.1667. The US dollar managed to recover some of its losses from the prior session, reflecting a cautious market sentiment in light of the delicate truce between the US and Iran. The dynamics surrounding the Strait of Hormuz continue to exhibit significant tension. Reports indicate that the movement … Read more
EUR/USD commenced Thursday around $1.1590, briefly striving to maintain the gains achieved over the previous two sessions, before plummeting beneath $1.1550 as Trump’s Wednesday night address regarding Iran was fully absorbed by Asian and European trading desks. As New York trading commenced, EUR/USD decisively breached the $1.1550 mark, dipping to a low of $1.1521 before … Read more
On Thursday, April 2, 2026, USD/JPY is positioned around 159.40, following a significant surge earlier in the Asian and European sessions. However, it has since moderated its intraday gains during the American session, as the headline regarding the Iran-Oman Hormuz protocol momentarily shifted risk sentiment across all asset classes. The pair’s Thursday movement illustrates the … Read more
The U.S. Dollar Index declined to $99.49 on Wednesday, breaching a rising trendline that had underpinned the broader dollar recovery since late February and falling below the 50-period SMA in the process. The break in that trendline is significant — it reflects the structural impact of Trump’s comments on Iran, which have effectively dismantled the … Read more
EUR/USD began Tuesday after experiencing five consecutive sessions of decline — marking one of the most prolonged directional trends in the pair since the Iran war altered global capital flows on February 28. The recovery observed on Tuesday, which moved from the 1.1445-1.1480 range towards 1.1500 and ultimately approached 1.1550, is indeed tangible as reflected … Read more
GBP/USD is currently at $1.3187 on Monday, reflecting a decline of 0.55% for the session. The price is positioned below the SMA-20 at $1.3327, the SMA-50 at $1.3436, and the SMA-200 at $1.3401 — indicating that all significant moving averages are situated above the current price and trending downward. The three-layer moving average compression should … Read more
EUR/USD is currently at $1.1463 on Monday, dipping below the significant 1.1500 threshold and reaching new multi-day lows, indicating a situation that suggests more than merely an unfavorable trading day. The pair encountered resistance A between 1.1648 and 1.1626 last week, was unable to maintain a position above this level, and has been retracing since … Read more
GBP/USD is currently positioned at 1.3360 on Thursday, maintaining a narrow range that has characterized the pair’s price movements for approximately six weeks. The underlying technical framework, despite the apparent tranquility, is accumulating pressure that is likely to culminate in a significant directional shift. Cable has been contained within a symmetrical triangle since late February, … Read more
