The currency pair is experiencing a drop, nearing 0.7060 in the early hours of the European session on Friday. A poll indicated that the central bank is expected to increase the interest rate to 4.10% next week. The positive outlook for the pair remains intact, staying above the important 100-day EMA. The first downside target … Read more
GBP/USD is currently at 1.3380 as of March 12, 2026, marking a third straight session of losses. This follows a rally from Monday’s lows that encountered resistance at the 100-day Simple Moving Average positioned at 1.3437, resulting in a decisive reversal. The rejection is not merely coincidental or background noise — it serves as a … Read more
USD/JPY is positioned at 159.18, marking a third consecutive session of gains and revisiting levels that prompted official “rate check” alerts from Japanese authorities on January 23. The pair has advanced over 4.3% from its February low in a rally currently approaching a significant resistance cluster on the weekly chart — the 159.22 January high … Read more
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
GBP/USD commenced trading on Monday at its lowest point since December, registering 1.3248 as oil surged towards $120, with demand for the safe-haven dollar eclipsing all risk-sensitive currencies within the G10 spectrum. By Tuesday, the pair had rebounded to 1.3485, marking a 10-day peak, as crude prices plummeted following Trump’s ceasefire signals, while equity markets … Read more
The EUR/USD reached a session low of 1.1507 this week, and the pair has been moving within a narrow, challenging range since then — struggling to make a significant recovery and lacking the momentum to push lower decisively. The observed price movement indicates a clear direction rather than uncertainty. The market is poised for a … Read more
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
The AUD/USD exchange rate experienced a modest increase to 0.7030 on Monday, as market participants monitored the continuing conflict in Iran, rising crude oil prices, and the forthcoming consumer inflation report. The asset has surged from this month’s low of 0.6945. The AUD/USD exchange rate remained stable as market participants responded to the continuing conflict … Read more
The GBP/USD pair is currently positioned around 1.3340 to 1.3350 on Monday, reflecting a decline of 0.5% for the session. This marks the pound’s lowest point against the dollar since it reached a three-month low of 1.3283 during early European trading. Subsequently, there was a partial recovery to 1.3409 as oil prices retreated from their … Read more
The EUR/USD pair is currently positioned around 1.1600, pulling back from earlier session peaks as the dollar regained strength on Wednesday, following two consecutive positive economic reports — ADP private payrolls recorded 63,000 compared to a consensus of 48,000, and the ISM Services PMI jumped to 56.1, marking its highest level since July 2022. The … Read more