Technical Analysis

10 December 2024
USD/JPY Sets One-Week High as Diminished BOJ Hike Odds Fuel Dollar Strength

USD/JPY climbed to a new December high, testing 151.35 on Monday, as markets grew more doubtful about the BOJ delivering a rate hike this month. The o...

09 December 2024
Sterling Caps Gains at 200-Day MA as Dollar Demand Resumes

GBP/USD briefly rallied post-payrolls but ultimately failed to sustain gains above 1.28, as key resistance at the 200-day moving average (1.2821) prov...

06 December 2024
USD/JPY-Data-Driven Range Break Set to Test Key Levels

USD/JPY currently hovers near 150, balancing on a knife’s edge as traders brace for a potential range break triggered by critical data releases. With...

05 December 2024
STERLING TECHNICAL OUTLOOK: GBP/USD EYES 21-DMA BREAKOUT AMID IMPROVING RISK-REWARD

Sterling bulls are challenging key technical resistance levels, with GBP/USD trading at 1.2713 as bullish momentum builds near the 21-day moving avera...

04 December 2024
EUR/USD Bears Maintain Control Amid Mixed Fundamentals

EUR/USD consolidated near flat, unable to leverage increasing odds of a Fed rate cut as geopolitical tensions and trade uncertainties overshadowed mon...

04 December 2024
EUR/USD Bears Maintain Control Amid Mixed Fundamentals

EUR/USD consolidated near flat, unable to leverage increasing odds of a Fed rate cut as geopolitical tensions and trade uncertainties overshadowed mon...

29 November 2024
EUR/USD Bulls Eye Key Resistance as Options Signal Reduced Downside Risk

EUR/USD edges higher ahead of critical Eurozone CPI data, supported by a weaker dollar and signs of stabilizing momentum. Daily technicals show positi...

28 November 2024
USD/JPY Approaches Critical Support Amid Yen's Growing Safe-Haven Appeal

USD/JPY spiraled lower on Wednesday, reflecting heightened bearish sentiment driven by fiscal year-end yen buy-backs and technical vulnerabilities. Th...

27 November 2024
Bulls and Bears Struggle to Break GBP/USD Range

GBP/USD experienced another day of choppy trading, with both bulls and bears failing to gain control. Resistance at 1.26 has proven too strong for buy...

26 November 2024
EUR/USD Gains Amid Optimism Over U.S. Treasury Pick, Data Risks Linger

EUR/USD advanced Monday, buoyed by optimism surrounding Scott Bessent's nomination as U.S. Treasury Secretary. The news sparked hopes of fiscal discip...