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U.S. Dollar Extends Decline Following Sharpest Drop Since 2022
The U.S. dollar continued its steep decline in Friday’s Asian trading, following its largest single-day drop in over three years. Mounting economic uncertainty, renewed...
Markets Show Little Concern Over U.S. Tariff Threats, Analyst Warns
Currency market movements indicate a lack of concern over potential U.S. tariffs, according to MUFG Bank strategist Derek Halpenny. In a note to clients,...
Markets React as Powell Dismisses Recession Fears, USD Slips
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
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USDCHF Price Sees Intraday Gains – Forecast for March 14, 2025
The USDCHF pair has shown positive movement, trading within a minor bullish channel observed on the chart....
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EURGBP Sees Significant Gains – Forecast for March 12, 2025
The EURGBP currency pair has regained its bullish momentum, breaking above the key resistance level of 0.8315....
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EURNZD Surges with Strong Gains – Forecast for March 10, 2025
The EURNZD pair experienced a significant bullish rally last Friday, breaking above the 1.8880 resistance level of...
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EUR/JPY Remains Bearish, Testing Key Support Levels
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The EUR/JPY pair is currently demonstrating a persistent bearish bias, as evidenced by frequent negative closures below the critical 157.60 resistance level. The market...
GBP/JPY Faces Resistance at 184.35, Bears Eye Correction
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The GBP/JPY pair made an upward extension towards the 184.35 level, testing an additional barrier before experiencing a negative bounce towards 182.90. It's noteworthy that...
EUR/JPY Faces Resistance, Bears May Target 155.90
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The EUR/JPY pair recently tested a major resistance level at 157.60, signaling the end of a correctional bullish rebound. The pair settled below this...
GBPJPY Resumes Recovery, Aiming to Recoup Losses
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The GBPJPY pair has signaled its intent to recover losses by recently surpassing the 181.90 level. It has aggressively approached the MA55, reaching 182.70,...
CADJPY Tests Key Barrier Amid Correctional Waves
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The CADJPY pair has recently continued its formation of correctional bullish waves, reaching the 23.6% Fibonacci correction level at 107.15, establishing a crucial barrier...
USD/CAD Shows Signs of Recovery
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The USD/CAD pair has demonstrated additional positive movements by breaking above 1.3590 and establishing itself above this level. This breach has activated a positive...
USD/JPY Resumes Decline, Targets 146.17
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The USD/JPY pair has resumed its bearish movement after a bearish rebound from the broken support of the bullish channel. The pair is heading...
USD/JPY Shows Signs of Recovery Amidst Fluctuations
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The USD/JPY pair is currently exhibiting a fluctuating pattern around the previously breached support level, now identified at 147.40. Sustaining a position below this...
USD/CHF Faces Resistance Amid Bullish Attempt
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The USD/CHF pair is currently demonstrating a prevailing bullish bias, signaling an attempt at price recovery. However, the upward movement encounters resistance from the...
USD/CHF Exhibits Negative Pattern
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The USD/CHF pair demonstrated a notable positive performance in the recent session, successfully breaching the 0.8710 level. However, a closer examination reveals that the...
USD/JPY Tests Resistance: Potential for Bearish Movement
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The USD/JPY pair exhibited evident positive movement in recent sessions, approaching the crucial resistance level at 147.20. Notably, the price is consolidating just below...
GBPJPY Postpones Anticipated Bullish Rally, Faces Bearish Pressures
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The GBPJPY pair encountered notable downward pressure on the last trading day, leading to a breach below the 186.25 level. A double bottom pattern...