Technical Analysis

25 November 2024
USD/JPY Consolidates Gains as Traders Await Key Inflation Data

USD/JPY ended Thursday with a modest gain, bolstered by rising U.S. Treasury yields and equities following a strong U.S. flash PMI report. The data re...

22 November 2024
EUR/USD Struggles Amid Rising Energy Costs and Sovereign Debt Risks

EUR/USD closed Thursday near session lows, weighed down by fundamental concerns and technical bearish signals. Rising energy prices, fueled by colder...

21 November 2024
Geopolitics Caps GBP/USD Gains Amid Minimal Policy Impact from CPI

GBP/USD struggled to sustain gains on Wednesday, as heightened geopolitical tensions overshadowed the UK CPI surprise. Reports of Ukraine firing UK mi...

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...