Technical Analysis

11 February 2025

USD/JPY Holds Gains but Faces Key Resistance Ahead of U.S. CPI

USD/JPY maintained its gains on Monday, trading firm as equities, oil, and the dollar advanced following renewed concerns about tariffs under Presiden...

07 February 2025

GBP/USD Under Pressure After Dovish BoE, Focus Shifts to U.S. Jobs Data

GBP/USD extended losses on Thursday, falling to a session low of 1.2361 after the Bank of England’s dovish 25bp rate cut. The 8-2 vote, with two polic...

06 February 2025

BOJ Rate Hike Speculation and Soft U.S. Data Drive USD/JPY Lower

 USD/JPY fell sharply on Wednesday, slipping below the 200-day and 100-day moving averages as a combination of BOJ rate hike expectations and dec...

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...