Technical Analysis

05 February 2025

Sterling Caught in Trade-Driven Volatility, Faces Key Resistance at 1.2458

GBP/USD fluctuated sharply on Monday, rising to 1.2455 as the U.S. dollar weakened after Trump paused tariffs on Canada, only to drop to 1.2384 after...

04 February 2025

EUR/USD Struggles After Relief Rally as Dollar Strength Persists

EUR/USD staged a sharp recovery Monday, bouncing from a 27-month low of 1.0125 to 1.0335 as the U.S. postponed tariffs on Mexico, triggering broad-bas...

31 January 2025

EUR/USD Lacks Direction as Traders Weigh ECB Dovishness and Tariff Uncertainty

 EUR/USD traded within a tight range Thursday, failing to sustain an early rally after the ECB cut rates by 25bps and hinted at further easing. T...

30 January 2025

EUR/USD Under Pressure as Political Uncertainty and Trade Risks Overshadow Rate Spreads

 EUR/USD extended its decline on Wednesday, falling to 1.03825 as a mix of Fed-driven dollar strength and lingering European political concerns w...

29 January 2025

USD/JPY Holds Above Cloud Support, Awaits Key Catalysts for Breakout

 USD/JPY stabilized above the daily Ichimoku cloud top at 153.88 on Monday, recovering slightly after dropping to a six-week low of 153.72 on hav...

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...