ForexNewsPlus Updates

AUD/USD Soars with a Powerful Bullish Breakout

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

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GBP/USD Hits 1.3869 High as Fed Stays at 3.50%–3.75%

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

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EUR/USD Approaches 1.20 as Dollar Dips

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

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USD/JPY Hits 153.6 Before Fed and BoJ

The USD/JPY pair is currently positioned around 153.60–153.80, reflecting an increase of approximately 0.8% for the day following a significant decline earlier this week that brought the pair to a four-year low. The recent bounce indicates a partial recovery of the US Dollar in anticipation of the Fed’s decision, rather than a definitive trend reversal. … Read more

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USD/CAD Edges Up Above 1.3700

The USD/CAD pair is experiencing slight upward movement, hovering around 1.3720 in the Asian trading session on Tuesday. However, the potential for appreciation in the pair may be constrained, as uncertainties surrounding the Federal Reserve and concerns regarding a possible US government shutdown could apply downward pressure on the US Dollar against the Canadian Dollar. … Read more

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GBP/USD Nears Four-Month High on BoE–Fed Divergence

The GBP/USD pair has surged from the October–November low range of approximately 1.3000–1.3016 to the 1.3680–1.3730 zone, surpassing all significant resistance levels observed since mid-2025. The pair reached a new four-month high slightly above 1.3680 and is currently testing the 1.3700–1.3730 range, which coincides with the September 2025 high at 1.3730 and is positioned just … Read more

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EUR/USD Approaches 1.19 as Dollar Weakens

Spot EUR/USD is currently trading in the range of 1.1870–1.1900, approaching the 1.19 level that previously constrained the pair in 2021, and achieving the highest daily closes observed since late 2025. The action is not driven by ambiguous “risk-on” sentiment. The situation is characterized by a direct conflict between robust US macroeconomic indicators and a … Read more

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USD/JPY Dips to 153 Amid Intervention Worries

The USD/JPY has transitioned from a consistent upward movement into a distinct downward phase. The pair, after consistently testing the 157–159 range, experienced a significant decline due to intervention speculation and suspected coordinated efforts, falling approximately 2.5% in a single move to around ¥153.31, and subsequently stabilizing in the ¥153.00–¥154.50 range. The current price is … Read more

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USD/CAD Drops Under 1.3700 as CRS Surpass Expectations

The USD/CAD pair experiences a decline, trading near 1.3685 in the early Asian session on Monday. The pair reaches its lowest point since December 30, 2025, as the US Dollar experiences widespread declines, while data indicates an increase in Canadian Retail Sales for November. Market participants will monitor the upcoming release of the US November … Read more

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GBP/USD Approaches 1.37 Dollar Dips as UK Data Shines

GBP/USD is currently positioned within the 1.3660–1.3690 range, marking its highest point since mid-September 2025, following a significant upward movement from the 1.3400 level. During the intraday session, the pair rebounded from 1.3642 and reached highs just below 1.3700, maintaining a distinctly bullish short-term structure. The recent rally has contributed approximately 2% over several sessions, … Read more