Technical Analysis

10 January 2025
Sterling Slips Toward 1.20 as UK Bond Market Turmoil Deepens

GBP/USD dropped to a 14-month low of 1.2239 Thursday, pressured by surging UK bond yields and growing fiscal concerns. A slight recovery to 1.23 was d...

09 January 2025
USD/JPY Presses Higher Amid Yield Gains, Faces Critical Resistance at 158.85

USD/JPY edged higher on Wednesday, settling near the top of its 157.90-158.55 range as the U.S. Treasury curve steepened and demand for the dollar per...

08 January 2025
GBP/USD Falls Below 1.25 as U.S. Data Fuels Dollar Rally and Caps Sterling

GBP/USD declined to 1.2495 on Tuesday, extending losses after above-forecast U.S. ISM non-manufacturing PMI and JOLTS job openings data reduced market...

07 January 2025
EUR/USD Holds Gains After Tariff Report Reversal, Data in Focus

EUR/USD traded higher Monday, despite a volatile session triggered by conflicting reports on U.S. tariff strategies. The pair rallied to a high of 1.0...

06 January 2025
USD/JPY Range-Bound as Dollar Awaits Post-Holiday Liquidity and Jobs Data

 USD/JPY eased modestly on Wednesday, trading between 156.89 and 157.50 as broad dollar weakness and U.S. equity gains kept the pair below key re...

03 January 2025
EUR/USD Slumps to Multi-Year Low as U.S.-Euro Zone Divergence Widens

EUR/USD plunged to a 26-month low on Tuesday, extending its decline to 1.02248 amid mounting evidence of economic divergence between the U.S., euro zo...

02 January 2025
USD/JPY Gains Amid Carry Trade Demand but Lacks Clear Directional Momentum

USD/JPY edged higher on Tuesday, rising 0.2% to trade between 157.26-157.80 in illiquid conditions due to the Japan holiday. The pair found support fr...

31 December 2024
EUR/USD Falls on Safe-Haven Flows, Key Levels in Focus

EUR/USD reversed overnight gains on Tuesday, dropping to a six-session low of 1.0372 as risk aversion drove demand for the U.S. dollar and yen. The pa...

30 December 2024
USD/JPY Pulls Back as Risk-Off Sentiment Caps Gains Below 158

USD/JPY edged lower on Friday, trading between 157.35 and 157.96 as risk-off sentiment pressured the pair. A decline in U.S. equity indexes and a stee...

27 December 2024
JPY Crosses Retreat as USD/JPY Momentum Pauses Near Key Resistance

 USD/JPY saw a sharp reversal from its New York session high of 158.09, driven by renewed verbal intervention from Japan’s Finance Minister Kato,...