Technical Analysis

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...

24 September 2024
USD/JPY Holds in Range as Treasury Yields and Risk Sentiment Dictate Next Move

USD/JPY remains in a tight range as Tokyo returns from a holiday, with the pair trading cautiously ahead of key events later this week. The dollar-yen...

23 September 2024
Sterling Strengthens as BoE Policy Diverges from Fed, Pushing GBP/USD Higher

GBP/USD rallied to a new 2024 high at 1.3341, bolstered by robust fundamentals and a favorable technical setup, setting the stage for further gains in...

19 September 2024
Pound Hits Fresh 2024 Peak as Fed Delivers 50bps Rate Cut

Sterling climbed to a new 2024 high of 1.3298 against the U.S. dollar following the Federal Reserve’s larger-than-expected 50 basis point (bps) rate c...

18 September 2024
EUR/USD Poised for a Potential Decline Amid Fed Expectations

The EUR/USD currency pair has experienced significant gains since the Federal Reserve’s July meeting, reaching levels above 1.1200 before slightly ret...

17 September 2024
GBP/USD Rises as Fed Cut Expectations Boost Sterling, UK CPI Data in Focus

The upcoming week is poised to be pivotal for global financial markets, with central bank decisions taking center stage. The U.S. dollar has been on a...

16 September 2024
EURUSD Chart Analysis

During the New York session, EUR/USD opened near 1.1090, but market participants saw an initial dip below 1.1080 as selling pressure emerged. However,...

23 August 2024
GBP/USD Hits 2024 High as UK PMIs Beat Forecasts, Bulls Eye July 2023 Peak

GBP/USD surged to a new 2024 high of 1.3129 on Thursday, driven by stronger-than-expected UK flash PMI data for August. The upbeat economic indicators...