Technical Analysis

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...

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...