Technical Analysis

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...

06 November 2024

EUR/USD Slides on Election-Driven USD Demand, Support Levels in Play Amid High Volatility

EUR/USD sharply reversed early gains on Tuesday as a strong early lead for Donald Trump in the U.S. election results spurred a wave of dollar demand,...

05 November 2024

USD/JPY Holds Steady Above 200-DMA as Markets Brace for U.S. Election and Fed Rate Decision

USD/JPY found stability above its 200-day moving average at 151.57, despite an early drop following a decline in U.S. Treasury yields. The pair traded...

04 November 2024

EUR/USD Rises on Weak Dollar, Faces Key Resistance Ahead of Critical Week for Global Markets

EUR/USD surged at the start of the week, gaining 0.6% as a dip in the dollar’s strength boosted the pair. The initial rally took EUR/USD above the 21-...

01 November 2024

EUR/USD Rallies on ECB Expectations but U.S. Payrolls Pose a Threat

EUR/USD moved higher on Thursday, reaching an 11-session peak of 1.0888 as eurozone inflation data and ECB President Christine Lagarde’s comments hint...

31 October 2024

Yen Shorts on Edge as BOJ Meeting Approaches, Hawkish Ueda Could Test USD/JPY Rally

USD/JPY drifted within a narrow range Tuesday, constrained by month-end dollar selling and a dip in long-term U.S. Treasury yields, as traders await T...

30 October 2024

Inflation Concerns Keep EUR/USD Under Pressure Despite Slowing U.S. Jobs Data

EUR/USD slipped lower on Tuesday, even as U.S. jobs data pointed to potential economic softening. The September JOLTS report fell sharply to 7.443 mil...

29 October 2024

GBP/USD Finds Support Near 100-DMA as Key Budget and Election Risks Loom

 Sterling’s rally was tempered Monday as GBP/USD slipped back towards the 100-DMA at 1.2971, struggling to hold above the psychological 1.30 leve...