GBP/USD is currently positioned near 1.3620, reflecting minimal movement for the day and a slight increase of approximately 0.12% over the week, following a retreat from levels exceeding 1.3700. The price is positioned precisely at the lower boundary of an ascending channel established from the advance observed between November and January, accompanied by a narrow … Read more
The recent US labor report presented a notable upside surprise, influencing the direction of EUR/USD. Non-farm payrolls increased by 130,000 jobs, surpassing expectations of approximately 70,000, while the unemployment rate decreased from 4.4% to 4.3%. The combination indicates a persistently tight labor market, which clarifies why futures currently reflect approximately a 94% probability that the … Read more
EUR/USD is currently positioned between 1.18 and 1.1820, following a week that saw an ascent towards 1.1875 on Monday, which subsequently retraced. The price is positioned at the upper band of the recent structure, with a defined range approximately between 1.1780 on the lower end and 1.1900 on the upper end. The current level remains … Read more
The USD/JPY pair draws interest from buyers, hovering around 157.45 in the early Asian session on Monday. The Japanese Yen weakens against the US Dollar following the ruling Liberal Democratic Party’s outright majority win in Sunday’s lower house election, which paves the way for increased fiscal stimulus by Prime Minister Sanae Takaichi. The coalition led … Read more
The USD/CAD pair is showing upward movement, currently positioned around 1.3520 during the Asian session on Friday. Trump issued a warning of a 50% tariff on aircraft imports from Canada amid a dispute regarding jet certification. Market participants are closely monitoring the announcement of Trump’s selection for the Federal Reserve Chair this Friday morning. The … Read more
Kevin Warsh’s nomination as the next Fed chair has provided the USD with its first significant relief rally in weeks. Following a decline to a four-year low, the Greenback attracted buyers, contributing to a pullback in EUR/USD from the 1.2000–1.2080 range toward the 1.1900–1.1950 area. Markets interpreted Warsh as a more conventional central banker than … Read more
GBP/USD is currently positioned between 1.3830 and 1.3850, closely aligning with the 1.3869 high reached in September 2021. This movement marks a return to price levels observed in August 2021, following a notable increase of over 300 pips from the mid-1.35s. The pair is confined within a range of 1.3750 to 1.3850, as buyers consistently … Read more
GBP/USD recently reached a four-year peak at 1.3869 before retreating to the range of 1.3790–1.3800. The pair has convincingly surpassed the 1.3630–1.3710 resistance range, transforming that area into support, indicative of typical trend-extension behavior. The price maintains its position above a rising channel and is trading significantly above the 50-day EMA and 200-day EMA around … Read more
Spot EUR/USD is currently trading in the range of 1.1870–1.1900, approaching the 1.19 level that previously constrained the pair in 2021, and achieving the highest daily closes observed since late 2025. The action is not driven by ambiguous “risk-on” sentiment. The situation is characterized by a direct conflict between robust US macroeconomic indicators and a … 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