EUR/USD concluded Friday at 1.1817, reflecting a modest increase of 0.13% for the session, yet remaining largely unchanged for the week — confined within a narrow range of 1.1743 to 1.1820, which concealed the turbulent dynamics at play beneath the surface. Then Saturday arrived and the entire dynamic shifted. The United States and Israel initiated … Read more
The USD/JPY currency pair has been fluctuating between approximately ¥155.75 and ¥156.80–156.85, following a peak at a two-week high near 156.8 before retreating toward the 155.7–156.0 range. The movement from just below ¥156.00 to ¥156.8, followed by the rejection, indicates a market that remains bullish on dollars, yet is becoming more responsive to any signals … Read more
GBP/USD is fluctuating around the 1.35 level following a significant pullback from the year-to-date peak close to 1.3865. The pair momentarily dipped under 1.3450, reaching four-week lows, before finding stability as the strength of the US dollar diminished and UK data became less definitive. The current spot rate is contained within a range, facing resistance … Read more
The US Dollar’s late-January collapse has been largely reversed. The DXY is currently back testing the 97.9–98.0 range, with a focus on the 97.94 Fibonacci level that has influenced price movements since April of the previous year. The level served as a floor following the early-2025 USD selloff, subsequently oscillating between resistance and support through … Read more
EUR/USD is fluctuating between 1.1840 and 1.1850 following a clear decline from the highs observed last week. The pair has previously tested the 1.1820–1.1830 demand zone and experienced a bounce; however, each recovery towards the 1.1860–1.1870 range is facing selling pressure. The price movement reflects a steady decline within the broader range of 1.1765–1.2000, with … Read more
GBP/USD is currently positioned near the 1.3600 mark following a dip to approximately 1.3550–1.3552 in response to the jobs report, before regaining some of the lost ground. The current price is positioned beneath a concentrated group of short-term reference levels: intraday and 20-day averages in the range of 1.3620–1.3635, and below the previous horizontal support … Read more
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