EUR/USD is currently positioned within the 1.1660–1.1670 range, constrained within a narrow compression zone influenced by macroeconomic data, US political developments, and extended positioning dynamics. The pair has consistently upheld supports in the range of 1.1612–1.1620, while each effort to push higher encounters limitations below a substantial resistance zone spanning approximately 1.1686 to 1.1748. This … Read more
The USD/JPY is currently positioned near ¥159.00, revisiting levels observed in July 2024 following a series of six consecutive daily increases and the most significant single-day movement in several months. The pair has ascended from the mid-156s through the 157.70–157.90 range and is currently approaching the 158.88–159.00 resistance zone, which signifies the current high for … Read more
The AUD/USD pair experienced a slight decline as the recent bullish trend lost its momentum, influenced by a relatively robust US dollar. The value decreased to 0.6686, slightly under this month’s peak of 0.6765. The AUD/USD exchange rate experienced a decline on Monday as market participants assessed the implications of the US non-farm payrolls data. … Read more
GBP/USD is currently positioned between 1.3470 and 1.3485, reflecting an increase of approximately 0.5 to 0.6% for the day, following a significant rebound from a near three-week low slightly above 1.3400. The pair has turned directly on the 200-day moving average cluster at 1.3380–1.3400 and moved back into the mid-1.34s, reversing a four-session losing streak. … Read more
The EUR/USD pair is currently fluctuating within a narrow yet volatile range of 1.1650–1.1700, showing signs of recovery from the previous week’s low of 1.1617 and consistently testing the 1.1690–1.1700 area. The shift is influenced not solely by traditional growth or interest rate differentials; rather, it is propelled by a significant institutional impact on the … Read more
The USD/JPY cross is currently positioned between 157.7 and 158.2, reaching one-year highs and approaching the peak observed in January 2025. The price action indicates a clear and sustained uptrend: daily closes are consistently above the 21-day SMA near 156.5 and the 100-day SMA around 152.7. Additionally, momentum indicators such as RSI at approximately 62 … Read more
GBP/USD at approximately 1.3420 indicates that the dollar is currently dominant, rather than sterling. The pair encountered resistance above 1.3567, establishing a definitive short-term peak at that level, subsequently declining towards the 1.34 mark as US data strengthened the demand for USD. ISM services exceeded expectations, with new orders and prices paid remaining high, reinforcing … Read more
GBP/USD is currently positioned near 1.3420, approaching its weekly low and the significant 1.3400 area, following an inability to maintain early-week advances towards 1.3567, where a distinct short-term peak was established prior to a notable downturn. The recent decline is primarily attributed to the strength of the USD. A series of stronger-than-anticipated US economic indicators … Read more
The USD/JPY structure has resumed a definitive upward trajectory following the correction from the 161.94 peak, which retraced to 139.87 and subsequently paused. The three-wave decline to 139.87 appears to be complete, and the pair has now moved back above 157.88, further extending the recovery phase that began from the 142.66–145.47 area. The ongoing movement … Read more
During the early hours of Thursday’s trading day, the AUD/USD pair witnessed a significant dip; nevertheless, the Australian dollar continues to linger at multi-month highs as we anticipate the release of Non-Farm Payroll data in the United States which is expected to be released later today. The manufacturing sector in China exerts a tremendous amount … Read more