The USD/JPY pair is currently positioned near the 155 level following a notably volatile beginning to the year. It finds itself in a tug-of-war between a robust US Dollar and a Japanese Yen that has the potential to appreciate sharply in response to reduced risk appetite or signals of intervention from policymakers. The cross has … Read more
GBP/USD has experienced a decline of over 3% from its peak in late January and is currently trading within the 1.34–1.35 range. Price is currently trading in the range of 1.3460 to 1.3498, positioned nearly at the 2026 yearly open of 1.3474. This follows the significant re-rating phase that commenced in 2025, when the initial … 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
The USD/JPY currency pair experienced a volatile week, dipping into the 154 range following the release of the US Q4 GDP data, which showed a slowdown to 1.4%, while core PCE remained close to 3% year-on-year. The combination impacted the dollar’s growth narrative while not alleviating inflation concerns, resulting in a delay of rate-cut expectations … Read more
USD/CAD experiences a slight decline, trading near 1.3695 during the early European session on Friday. The increase in crude oil prices, driven by tensions between the US and Iran, bolsters the commodity-linked Canadian Dollar. Market participants are closely monitoring crucial US inflation metrics to evaluate the trajectory of the Federal Reserve’s monetary policy in the … Read more
The primary influence on EUR/USD at this moment is geopolitics, which is directly impacting energy markets. The market currently reflects approximately a 60% likelihood of a US strike on Iran by 31 March. Meanwhile, Brent is trading within the $71–72 range, with potential to rise towards $75–76 if that probability approaches 100% and traders begin … Read more
The USD/JPY pair is currently trading within a narrow range of 154.80–155.40, following a test of intraday peaks close to 155.65 before retreating slightly. The pair has recorded three consecutive days of gains this week, rebounding from last week’s decline towards 152.50 and establishing a new one-week high in the 155.35–155.40 range. From an intraday … Read more
The AUD/USD exchange rate faced continued pressure this week as market participants assessed the most recent Australian employment figures. The current trading value stands at 0.7055, reflecting a decline from the year-to-date peak of 0.7155. The AUD/USD pair faced continued pressure this week following the release of the latest labor market data from Australia. A … Read more
GBP/USD is currently positioned within the 1.34–1.35 range following a significant reversal from the 1.3866 peak attained earlier this year. The pair has recorded lows in the vicinity of 1.3480–1.3482, reflecting a decline of approximately 2.7% from the peak and reverting to levels observed around 23 January. The breach below the 1.3510 support level and … Read more
EUR/USD is fluctuating between 1.1790 and 1.1850 following a series of pressured sessions, with short-term movements adhering to a narrow range on both sides of the 1.1800 mark. Throughout the Asian trading session, the pair remained near 1.1790 following three days of declines, with the 14-day RSI positioned around 47. This indicates a reduction in … Read more