Technical Analysis

27 January 2025

EUR/USD Bulls Take Charge as Data and Trade Optimism Lift Sentiment

EUR/USD climbed to its highest level in a month on Friday, rallying to 1.05215 as weaker U.S. data and tighter German-U.S. spreads supported the euro....

23 January 2025

USD/JPY Gains on Risk-On Sentiment, Eyes BOJ Decision for Direction

USD/JPY extended its gains Wednesday, reaching a one-week high as improving risk sentiment and firm U.S. Treasury yields supported the dollar. The pai...

22 January 2025

Sterling Tests Two-Week High as Market Eyes Fiscal and Tariff Developments

GBP/USD hovered near a two-week high of 1.2345 on Tuesday, supported by easing UK fiscal concerns and speculation over Trump tariff policies. Gilt yie...

21 January 2025

USD/JPY Seesaws on Trade Tweets, Faces Resistance at 100-HMA

USD/JPY experienced sharp back-and-forth trading on Wednesday, with the pair moving between 154.90 and 156.24 amid speculation over President-elect Tr...

20 January 2025

EUR/USD Firm But Cautious Ahead of Busy Week for Data and Policy

EUR/USD began the week on a positive note, rising 0.2% within a narrow 1.0266-1.0292 range as the dollar eased and Asian equity markets advanced. Trad...

17 January 2025

Sterling Vulnerable as Weak Data and Yield Divergences Weigh

GBP/USD traded lower on Thursday, slipping to 1.2176 before recovering to 1.2260 after dovish remarks from Fed Governor Waller lent support. Earlier,...

16 January 2025

USD/JPY Rebounds from YTD Low as BOJ Speculation Caps Gains

USD/JPY rebounded modestly on Wednesday after touching a four-week low of 155.93 on EBS, pressured by a weaker dollar following a below-forecast U.S....

15 January 2025

EUR/USD Rises on PPI Miss, Eyes on CPI and Retail Sales for Direction

 EUR/USD rallied Tuesday, reaching 1.0305 as softer-than-expected U.S. December PPI data drove Treasury yields and the dollar lower. The euro ben...

14 January 2025

Yen Strengthens Ahead of BOJ Himino Speech, USD/JPY Holds Key Support

USD/JPY slipped 0.2% Monday, retreating from recent highs as risk-off sentiment boosted the yen. The pair found support at 156.92 near the 21-day movi...

13 January 2025

EUR/USD Tests Key Support as Momentum Weakens, Focus on Sentiment

EUR/USD traded slightly lower Monday, declining 0.05% in quiet conditions as the U.S. dollar held steady. The pair faced headwinds from rising Brent o...