Technical Analysis

26 December 2024
EUR/USD, EUR/JPY Hold Tight Ranges Amid Christmas Lull in Tokyo

EUR/USD and EUR/JPY are unlikely to see significant movement on Christmas Day, with Tokyo as the only major market open. EUR/USD has settled near the...

24 December 2024
USD/JPY Rallies to Session Highs as Treasury Yields and Risk-On Sentiment Support Bulls

USD/JPY revisited its session high of 157.255 on Monday, driven by higher U.S. Treasury yields following a firm 2-year note auction. Risk-on sentiment...

23 December 2024
GBP/USD Bounces from Trend Lows as Fed Tone Softens

GBP/USD surged higher on Friday, gaining 0.77% to 1.2597 as softer U.S. core PCE data reduced market expectations for further Fed rate hikes in 2025....

20 December 2024
GBP/USD Slumps After BoE Dovish Hold, Risks Test of Sub-1.25 Lows

GBP/USD tumbled to a fresh 4-week low of 1.2505 following the Bank of England’s decision to hold rates steady in a 6-3 vote, reinforcing a dovish poli...

19 December 2024
EUR/USD Technical Structure Compromised as Fed Policy Divergence Accelerates

The technical architecture of EUR/USD has undergone a significant transformation, catalyzed by the Federal Reserve's policy decision, resulting in a c...

18 December 2024
USD/JPY Weakens as Risk-Off Sentiment and BOJ Bets Pressure Bulls

USD/JPY fell on Tuesday, retreating to a low of 153.17 after setting a session high at 154.34 in Asia, as yen shorts began to cover positions amid ris...

17 December 2024
Sterling Bulls on Edge as UK Inflation Data and BoE Rate Path Take Center Stage

GBP/USD held steady on Monday, clawing back losses after dipping to 1.2635 following upbeat U.S. ISM services data. The pair briefly tested 1.27 but f...

16 December 2024
EUR/USD Stabilizes Above 1.0500 as Fed Decision Looms Large

EUR/USD traded higher Friday, rebounding from a 13-session low as tighter German-U.S. spreads and EUR/JPY gains provided support. The pair’s ability t...

13 December 2024
Euro Weakens on ECB Rate Cut and Dovish Policy Signals

The euro fell following the European Central Bank’s widely expected 25 basis point rate cut and a policy statement that removed guidance on maintainin...

13 December 2024
USD/JPY Stabilizes Above Pivot as Market Awaits Fed and BOJ Decisions

USD/JPY traded sideways on Thursday, holding above critical support at 152.04 as firmer U.S. Treasury yields countered earlier weakness. The rebound w...