Technical Analysis

20 November 2024
Yield Spread Tightening Offers Lifeline to EUR/USD Amid Receding Geopolitical Fears

EUR/USD saw a mixed session on Tuesday, driven by geopolitical headlines and yield spread dynamics. Reports of Ukraine targeting a Russian military co...

19 November 2024
EUR/USD Bullish Bounce Faces Macro and Policy Headwinds

EUR/USD rallied on Monday, advancing 0.51% to a three-session high of 1.0595 as falling U.S. yields tightened German-U.S. spreads, and risk-on sentime...

18 November 2024
USD/JPY Remains Volatile Amid BOJ Caution and Option Expiry Influence

USD/JPY saw volatile trading on Monday, oscillating between 153.84 and 155.14, as Bank of Japan Governor Ueda refrained from providing clear guidance...

15 November 2024
GBP/USD Rebounds Off Lows as Trump Trade Impact Softens, Support Levels Hold Firm

Sterling found support on Thursday after an initial drop, with GBP/USD trading nearly flat in the New York session at 1.27. The early slide to 1.2630...

14 November 2024
USD/JPY Advances Amid Robust Dollar Strength, Limited Downside Risks

The USD/JPY pair surged to a new high of 155.625 on Wednesday, driven by strong dollar momentum and resilient U.S. yields. Following hawkish comments...

13 November 2024
Sterling Slides as 200-DMA Breaks, Bears Eye Further Downside Amid Dollar Strength

GBP/USD extended its losses on Tuesday, breaking below the 200-day moving average at 1.2819, a critical support level that has now turned resistance....

12 November 2024
EUR/USD Downside Intensifies as ECB Cuts Loom, Global Headwinds Mount

EUR/USD has broken to a 7-month low, and downside risks are likely to persist as market focus shifts toward the possibility of deeper ECB rate cuts. E...

11 November 2024
USD/JPY Bulls Stumble as Japanese Policy and Economic Factors Favor the Yen"

 USD/JPY’s recent failure to break above the 155 pivot level has emboldened yen bulls, especially as political developments in Japan and potentia...

08 November 2024
EUR/USD Upside Capped as German Political Risks and Diverging Rate Paths Favor Dollar Strength

EUR/USD posted a modest rally on Thursday, moving higher as weaker U.S. Treasury yields and narrowing DE-US spreads initially favored the euro. Howeve...

07 November 2024
Path Cleared for USD/JPY to Revisit 2024 High Amid Post-Election Dollar Demand

Path Cleared for USD/JPY to Revisit 2024 High Amid Post-Election Dollar DemandUSD/JPY has seen a clear path emerge toward its 2024 high of 161.96 as d...