ForexNewsPlus News

EUR/USD Dips to 1.16 Support as Dollar Soars on 4.4% Jobs Data

The EUR/USD pair has retraced over 1.6% from its December high near 1.1747–1.1775 and is currently experiencing a heavy trading range between 1.16 and 1.17. The pair has recorded nine declining sessions in the past eleven and experienced two successive negative weeks, indicating a significant correction rather than mere fluctuations from the late-year breakout. The … Read more

ForexNewsPlus News

EUR/USD Stays at 1.17 as Bears Aim for 1.1660 Ahead of US Jobs

EUR/USD is currently positioned around 1.1690–1.1700, undergoing a measured correction from the peak observed in late December at 1.1808. The price is positioned above the ascending 50-day EMA at 1.1684, yet remains below the 9-day EMA around 1.1724. This indicates a period of consolidation following the decline, rather than a definitive trend reversal. On the … Read more

ForexNewsPlus News

EUR/USD Price Is Pressurized around 1.1750–1.1800

The EUR/USD pair is currently positioned between 1.1750 and 1.1760, consistently testing a level that has historically rejected price movements several times since the end of the third quarter. This is a systematic issue of congestion. The convergence of a 2025 high-week close (1.1747–1.1755), a 61.8% retracement of the September pullback, and the upper boundary … Read more

ForexNewsPlus Updates

AUD/USD Rallies on RBA–Fed Policy Divergence

The AUD/USD exchange rate has been on an upward trajectory, achieving its peak level since October of the previous year. The value increased to a peak of 0.6715, significantly surpassing this month’s low of 0.6440, driven by a surge in commodity prices and an increasing likelihood of divergence between the Reserve Bank of Australia and … Read more

ForexNewsPlus Updates

GBP/USD Soars to 1.3450 as UK GDP Stays Strong

GBP/USD is currently at 1.3450, reflecting an increase of 0.59% for the session, having recorded a daily low of 1.3374 and reaching a new monthly high of 1.3457. The recent shift is not attributed to “mystical Sterling strength” — rather, it reflects a thin-liquidity surge triggered by a single positive UK data release in a … Read more

ForexNewsPlus Updates

EUR/USD 1.17 Holds as 1.18 Breakout Forms

EUR/USD is currently positioned between 1.1720 and 1.1750, having halted a four-day decline and gaining momentum as liquidity increases in the Christmas week. The pair is not experiencing an upward movement based on optimism. The market is experiencing a rally driven by a combination of factors: a softer USD tone, adjustments in the rate path, … Read more

ForexNewsPlus News

USD/JPY Hits 155 as Yen Gains as BoJ Hike Meets NFP

The USD/JPY pair is currently positioned within the 155.0–155.5 range, reflecting a decline of approximately 0.3–0.5% for the day, following its inability to maintain the upward movement towards 158.0 observed in late November. The pair declined to an intraday low close to 154.8 and is currently positioned just below the 21-day simple moving average at … Read more