The recent decision by the Federal Reserve to maintain the target range at 3.50%–3.75% following a 10–2 vote positions US monetary policy distinctly above Japan’s near-zero rates, resulting in an immediate strengthening of the US Dollar and a firmer USD/JPY exchange rate. Two governors advocated for a 25 bp reduction, yet the majority highlighted “solid” … 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
GBP/USD is currently positioned around 1.3760, reflecting a decline of approximately 0.30% for the day after struggling to maintain levels above 1.3800. The pair retreated from Thursday’s peaks slightly above 1.3850 as the USD gained traction from developments in Washington. The advancement of a spending deal by the US Senate, which mitigates the risk of … 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
From a technical analysis perspective, USD/CAD finds notable support near the 1.3550 level, with additional downside protection extending toward 1.3450. However, the current session could see heightened volatility as key central bank developments unfold. The US dollar showed significant volatility early in Wednesday’s trading session, coinciding with interest rate decisions from both the US Federal … 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
The EUR/USD pair is currently positioned near 1.1950, fluctuating within a narrow range between intraday peaks just below 1.2000 and a support level around 1.1900. The recent movement originating from the 1.1680 zone peaked around 1.2082–1.2085, a range that corresponds with a 261.8% Fibonacci extension of the previous 1.16–1.20 segment. The specified zone represents the … Read more
In previous AUD/USD forecast almost two weeks ago, it is noted that the price was undergoing a flat consolidation within a bullish trend, suggesting that a long trade from a bounce off the support level at $0.6661 would likely have been a prudent decision. We also considered that a bullish breakout beyond $0.6760 would indicate … 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
EUR/USD has been steadily advancing since late 2025, establishing a clear pattern of higher lows from the 1.1850 level. The pair initially encountered resistance within the 1.18661–1.18918 supply zone, a range that has consistently rejected price movements and established the upper boundary of a medium-term range. The ceiling has been tested and partially breached, with … Read more