Technical Analysis

09 October 2024

USD/JPY Near Range Highs, Eyes on Treasury Yields and BOJ Policy Shifts

USD/JPY has rebounded towards the upper end of its daily trading range, supported by strength in U.S. equity markets and a steepening U.S. Treasury yi...

08 October 2024

GBP/USD Bears Regain Control as Home Price Data Disappoints, Downtrend Resumes

GBP/USD fell to a one-month low as sterling bulls were left wanting after the latest batch of UK home price data failed to meet expectations. Despite...

07 October 2024

EUR/USD Sinks as U.S. Jobs Data Challenges Fed Rate Cut Outlook, Bears Eye 1.0700

EUR/USD tumbled to a fresh two-month low on Friday, driven by robust U.S. non-farm payrolls data and widening yield differentials between the U.S. and...

03 October 2024

USD/JPY Climbs as Treasury Yields and Policy Accommodation Drive Rally

USD/JPY surged on Wednesday, rising sharply after a stronger-than-expected ADP employment report boosted U.S. Treasury yields and fueled dollar demand...

02 October 2024

EUR/USD Bears Eye 1.1000 as Yield Differentials and Disinflation Weigh on the Euro

EUR/USD fell to a fresh three-week low on Tuesday, pressured by widening yield differentials between the U.S. and Germany and weaker-than-expected eur...

01 October 2024

USD/JPY Bearish Bias Strengthens as Ishiba's Win and Economic Data Weigh on Sentiment

USD/JPY has dropped sharply from 142.95 to 141.65, reflecting growing concerns over Japan’s economic outlook and political uncertainty following the v...

30 September 2024

EUR/USD Drifts Lower as Asian Stock Swings and US Fed Speeches Set the Tone

EUR/USD remained soft, trading down 0.05% during the Asian session, as volatility in regional stock markets dominated price action. The Nikkei plunged...

27 September 2024

USD/JPY Stays Range-Bound as LDP Leadership Election Looms, Volatility Expected

USD/JPY has settled into a consolidation phase, trading between 144.11 and 145.20, as markets await key events, including the LDP leadership election...

26 September 2024

EUR/USD Retreats from 14-Month High as Risk Sentiment Shifts, Fed Expectations Grow

EUR/USD surged to a 14-month high of 1.1214 in early New York trading, fueled by expectations that the Federal Reserve will cut rates more aggressivel...

25 September 2024

Sterling Extends Gains on Diverging UK-U.S. Rate Expectations, Eyes February 2022 High

GBP/USD rose to a new 2024 high of 1.3391 on Tuesday, as the pair capitalized on dovish global rate expectations and fresh stimulus measures from Chin...