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
EUR/USD has decreased by about 630 pips from its year-to-date peak of 1.2080 reached in January to the present range of 1.1460 to 1.1495 — representing a decline of approximately 5.2% over the course of a few weeks. That does not represent a gradual repricing. This represents a significant directional breakdown, intensified by one of … 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
EUR/USD is currently positioned at 1.1546 as of March 12, continuing a challenging three-day decline that has wiped out weeks of recovery efforts in just a few sessions. The pair reached a high of 1.2082 on January 27 — marking its highest level since June 2021 — and has subsequently established a clear pattern of … 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
The euro is experiencing a subtle decline. EUR/USD is hovering around 1.1619 — technically alive, but just barely — as a mix of geopolitical shocks, energy repricing, and changing Fed expectations is impacting it from all sides at once. The pair concluded the week at around 1.16185, positioned precariously near a support zone that has … Read more
The AUD/USD pair attempted to gain ground at the outset of Thursday’s trading session, but subsequently declined significantly. AUD/USD currently presents notable trading challenges, primarily because the Reserve Bank of Australia is expected to continue with rate hikes in the future. At the same time, AUD/USD remains highly sensitive to shifts in global risk appetite. … Read more
GBP/USD is currently at 1.3362 as of March 6, 2026, showing signs of consolidation after a brief dip to three-month lows around 1.3250 earlier this week. This marks a potential third consecutive weekly decline, significantly lower than the late-January peak of 1.3870. The 620-pip decline over a span of five weeks cannot be classified as … Read more
As of March 6, 2026, EUR/USD is positioned at 1.1579, having faced resistance at 1.1644 and is now approaching the January low of 1.1578. The pair is trading beneath both the 50-day and 200-day EMAs and has breached the rising channel that has guided price movements since mid-2025. The daily close breaking that channel is … Read more
USD/JPY is currently at 157.73 as of March 6, 2026 — reflecting an increase of 0.20% during the session, even in light of a February NFP report that significantly surpassed expectations by the largest margin seen in years. The U.S. economy experienced a loss of 92,000 jobs, contrasting with an estimated creation of 59,000, resulting … Read more
