Technical Analysis

27 May 2025

Sterling bullishness intact after hitting new 2025 highs; UK workforce initiatives underpin gains

 Technical Analysis:GBP/USD continued its steady ascent, briefly touching a fresh 2025 high at 1.3587 over the weekend before consolidating sligh...

26 May 2025

EUR/USD bulls cautious despite volatile gains; ECB rate-cut fears counteract tariff-driven dollar weakness

 Technical Analysis:EUR/USD traded sharply higher in volatile Friday sessions, initially soaring to a fresh 12-session peak at 1.1375 in response...

23 May 2025

Sterling stalls near 1.3450 resistance; fiscal concerns temper bullish momentum ahead of data

 Technical Analysis:GBP/USD closed little-changed near 1.3420 on Thursday, failing to sustain gains above the key resistance at 1.3450 as traders...

21 May 2025

Sterling poised near 1.34 resistance, UK CPI could set stage for bullish breakout

 Technical Analysis:Sterling showed notable resilience into Tuesday's New York session close, ending the day up modestly at 1.3380 (+0.13%) after...

20 May 2025

EUR/USD bulls struggle as Moody's downgrade impact fades, yield dynamics favor dollar

 Technical Analysis:EUR/USD posted strong initial gains early Monday, propelled upwards by Moody’s downgrade of the U.S. credit rating, but rapid...

19 May 2025

Yen Bears Press USD/JPY Higher, but Clouds Loom Ahead of Key Resistance Levels

 Technical Analysis:USD/JPY posted meaningful gains on Friday, climbing steadily as U.S. Treasury yields surged following elevated U.S. inflation...

16 May 2025

GBP/USD capped near 1.33, traders await fresh UK-US data for breakout signals

 Technical Analysis:GBP/USD held steady on Thursday, closing up modestly at 1.3293 (+0.26%), buoyed by falling U.S. Treasury yields that broadly...

15 May 2025

EUR/USD bullish momentum stalls, key 1.1270 resistance caps gains amid cautious risk sentiment

 Technical Analysis:EUR/USD initially surged during Wednesday's European trading hours, touching a three-day high at 1.12655, driven by lower U.S...

14 May 2025

Sterling bulls regain confidence, GBP/USD tests key resistance after hawkish BoE comments

 Technical Analysis:GBP/USD staged a sharp reversal on Tuesday, closing robustly at 1.3298 for a notable 0.92% daily gain, propelled by hawkish r...

13 May 2025

USD/JPY Bulls Seize Control; Break into Ichimoku Cloud Sets Stage for Test of 200-DMA

Technical Analysis:USD/JPY delivered a remarkable rally on Monday, powering sharply higher to a new intraday peak at 148.64 and positioning itself for...