Technical Analysis

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...

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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...

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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...

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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,...

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26 December 2024
EUR/USD, EUR/JPY Hold Tight Ranges Amid Christmas Lull in Tokyo

EUR/USD and EUR/JPY are unlikely to see significant movement on Christmas Day, with Tokyo as the only major market open. EUR/USD has settled near the...

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24 December 2024
USD/JPY Rallies to Session Highs as Treasury Yields and Risk-On Sentiment Support Bulls

USD/JPY revisited its session high of 157.255 on Monday, driven by higher U.S. Treasury yields following a firm 2-year note auction. Risk-on sentiment...

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23 December 2024
GBP/USD Bounces from Trend Lows as Fed Tone Softens

GBP/USD surged higher on Friday, gaining 0.77% to 1.2597 as softer U.S. core PCE data reduced market expectations for further Fed rate hikes in 2025....

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20 December 2024
GBP/USD Slumps After BoE Dovish Hold, Risks Test of Sub-1.25 Lows

GBP/USD tumbled to a fresh 4-week low of 1.2505 following the Bank of England’s decision to hold rates steady in a 6-3 vote, reinforcing a dovish poli...

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19 December 2024
EUR/USD Technical Structure Compromised as Fed Policy Divergence Accelerates

The technical architecture of EUR/USD has undergone a significant transformation, catalyzed by the Federal Reserve's policy decision, resulting in a c...

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18 December 2024
USD/JPY Weakens as Risk-Off Sentiment and BOJ Bets Pressure Bulls

USD/JPY fell on Tuesday, retreating to a low of 153.17 after setting a session high at 154.34 in Asia, as yen shorts began to cover positions amid ris...

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