Technical Analysis

16 December 2024
EUR/USD Stabilizes Above 1.0500 as Fed Decision Looms Large

EUR/USD traded higher Friday, rebounding from a 13-session low as tighter German-U.S. spreads and EUR/JPY gains provided support. The pair’s ability t...

13 December 2024
Euro Weakens on ECB Rate Cut and Dovish Policy Signals

The euro fell following the European Central Bank’s widely expected 25 basis point rate cut and a policy statement that removed guidance on maintainin...

13 December 2024
USD/JPY Stabilizes Above Pivot as Market Awaits Fed and BOJ Decisions

USD/JPY traded sideways on Thursday, holding above critical support at 152.04 as firmer U.S. Treasury yields countered earlier weakness. The rebound w...

12 December 2024
EUR/USD: Downward Pressure Mounts as US Rate Cut Expectations Fade, ECB Dovishness Looms

EUR/USD is facing renewed downward pressure, with the pair trading below the critical 1.0500 level. This weakness stems from a combination of factors,...

11 December 2024
Sterling Ranges Narrowly Ahead of CPI and Central Bank Guidance

GBP/USD remained rangebound on Tuesday, with the pair trading near flat in the NorAm afternoon at 1.2747 as traders awaited critical inflation data an...

10 December 2024
USD/JPY Sets One-Week High as Diminished BOJ Hike Odds Fuel Dollar Strength

USD/JPY climbed to a new December high, testing 151.35 on Monday, as markets grew more doubtful about the BOJ delivering a rate hike this month. The o...

09 December 2024
Sterling Caps Gains at 200-Day MA as Dollar Demand Resumes

GBP/USD briefly rallied post-payrolls but ultimately failed to sustain gains above 1.28, as key resistance at the 200-day moving average (1.2821) prov...

06 December 2024
USD/JPY-Data-Driven Range Break Set to Test Key Levels

USD/JPY currently hovers near 150, balancing on a knife’s edge as traders brace for a potential range break triggered by critical data releases. With...

05 December 2024
STERLING TECHNICAL OUTLOOK: GBP/USD EYES 21-DMA BREAKOUT AMID IMPROVING RISK-REWARD

Sterling bulls are challenging key technical resistance levels, with GBP/USD trading at 1.2713 as bullish momentum builds near the 21-day moving avera...

04 December 2024
EUR/USD Bears Maintain Control Amid Mixed Fundamentals

EUR/USD consolidated near flat, unable to leverage increasing odds of a Fed rate cut as geopolitical tensions and trade uncertainties overshadowed mon...