Technical Analysis

09 July 2024
EUR/USD Rises to Three-Week High Amid Speculation of Fed Rate Cuts

EUR/USD turned positive and hit a three-week high after briefly falling below the 200-day moving average on Monday.

08 July 2024
EUR/USD - Mixed U.S. Payroll Report Gives Bulls the Upper Hand

EUR/USD experienced a volatile session, opening near 1.0825 in New York and swinging wildly between 1.0796 and 1.08415

05 July 2024
GBP/USD Steady Amid Labour's Election Victory and Focus on U.S. Jobs Data

GBP/USD traded up 0.05% within a narrow range of 1.2755-1.2767, showing a muted reaction to the election results.

04 July 2024
EUR/USD Rallies on Softer U.S. Economic Data, Focus Shifts to June Payrolls

EUR/USD rallied as the latest U.S. economic data suggested a potential softening, with the New York session opening near 1.0755 after trading at 1.0737 overnight .

03 July 2024
USD/JPY Hits 38-Year High Amid Rising U.S. Yields and Japanese Intervention Uncertainty

USD/JPY climbed to a new 38-year peak on Tuesday, driven by higher U.S. bond yields, prompting official commentary.

02 July 2024
EUR/USD Stalls Amid Political Uncertainty and Rising U.S. Yields

The euro experienced a modest reprieve following the first round of the French election

01 July 2024
GBP/USD Steadies Amid Mixed U.S. Data; Awaiting Clear Signals on Diverging Rate Paths

GBP/USD steadied after the release of U.S. Personal Consumption Expenditures (PCE) data, which initially lifted the pound to a Friday high of 1.2670

28 June 2024
EUR/USD Gains Trimmed Ahead of US PCE Report

The EUR/USD opened the New York session near 1.0705, briefly dipping to 1.0685 before climbing to 1.0724.

27 June 2024
USD/JPY Hits Multi-Decade High Amid Intervention Concerns and Carry Trade Demand

This intervention briefly caused USD/JPY to fall from 159.94 to 158.75.

26 June 2024
EUR/USD Bears Eye Deeper Slide Amid Strong U.S. Yields and Bearish Technical Signals

EUR/USD bulls face a challenging environment as supportive data is crucial to counteract bearish technical signals.