The EUR/USD pair has transitioned from a sideways movement to a trending phase. The pair is currently positioned between 1.1811 and 1.1826, marking a four-month peak, following a decisive breach of the 1.1775 trendline that linked the September and December highs, as well as surpassing the previous significant high at 1.1807. This action is not … Read more
The USD/JPY has transitioned from a straightforward carry trade to a complex political landscape. The pair experienced a reversal exceeding 300 pips, moving from the peak of 159.22 down to approximately 156.18–156.40 within a single trading session. Selling intensified following reports that Japan’s Ministry of Finance conducted a “rate check”, reaching out to banks for … Read more
The USD/JPY cross is currently positioned in a delicate balance following a week characterized by significant volatility influenced by central bank communications, political developments, and discussions of intervention. The price has been fluctuating between support levels in the range of 156.0–157.0 and encountering resistance in the zone of 159.0–161.9. A surge to approximately 159.2 following … Read more
The USD/JPY has moved back above the 158.50–158.70 range, reversing the short-term decline from this week’s ¥157.43 low and reaffirming its upward trend. The global risk sentiment experienced a significant turnaround following the dissipation of the recent tariff concerns, alongside the establishment of a framework agreement regarding Greenland, which alleviated the immediate risk of additional … Read more
The USD/JPY pair showed considerable fluctuations on Tuesday, signaling potential stress in Japan’s government bond markets. The US dollar experienced pronounced volatility against the Japanese yen throughout most of the trading session, reflecting unstable market conditions and growing concerns around Japanese fixed-income dynamics. The current state of the JGB market is marked by heightened stress … Read more
GBP/USD is currently positioned within the 1.3430–1.3490 range, having successfully breached the significant 1.3450 resistance that had persisted for several days. Intraday peaks are noted around 1.3483–1.3486, with market participants evidently focusing on the psychological level of 1.3500. The pair is experiencing upward pressure from two converging influences. On the UK side, the latest labour … Read more
The AUD/USD pair attempted to gain ground at the start of the Friday session but ultimately fell short, retreating back below the 0.67 level once more. The current market conditions are characterized by significant volatility and unpredictability. AUD/USD tried to push higher early in the session; however, it faltered and slipped below the 0.67 handle … Read more
The GBP/USD pair is currently fluctuating within a narrow range of 1.3380–1.3415, following a retreat from the year-to-date high of 1.3565–1.3567. The current level represents a decline of approximately 1.1–1.4 cents from the peak, yet it remains well above the November low of 1.3015. On the day, one snapshot has GBP/USD near 1.3414, up about … Read more
The EUR/USD is currently experiencing a corrective bounce rather than indicating a trend reversal. The pair has bounced back from the 1.1575–1.1600 support area and is attempting to find stability around 1.16–1.1640. However, the overall trend remains negative as long as the price remains below 1.1640, 1.1655, and importantly, 1.1695–1.1740. Clearly defined levels indicate potential … Read more
The USD/JPY pair is currently positioned between 157.8 and 158.0, having slipped below the 158.00 mark. This shift appears to be influenced primarily by a general decline in the USD rather than an abrupt increase in demand for the yen. The Dollar Index is currently positioned around 99.18, reflecting a decline of approximately 0.2%. This … Read more