Technical analysis highlights persistent US dollar strength against major currencies. EUR/USD remains primed for continuation selling on intraday bounces, while USD/CAD and USD/CHF present buy-on-the…
AUDUSD rallied to 0.71, reaching its highest level since June 2026. The pair posted a 1.85% gain over the last month and a significant 10.95% increase over the past year, reflecting strong bullish mo…
USD/JPY plunged after confirmed US-Japan intervention, holding at 155 support. USD/CAD broke above 50-day EMA near 1.40, while USD/CHF stayed bullish testing 0.8150 resistance.
The US Dollar shows mixed sentiment against major pairs. While EUR/USD and GBP/USD face downside pressure due to elevated US interest rates and geopolitical concerns, USD/CHF is gaining bullish momen…
The AUDUSD pair faces bearish pressure after a hawkish Fed tone broke key moving averages. The pair is currently consolidating between the 0.7000 support level and the 0.7042 resistance, with the sho…
The US Dollar surged following a hawkish Fed dot plot, driving major currencies lower. EURUSD and GBPUSD broke below key moving averages, reinforcing a bearish technical outlook, while USDCAD rallied…
AUDUSD is consolidating within a tight range, finding support near hourly moving averages around 0.7047-0.7056 while remaining capped by the 100-day moving average resistance at 0.70836. Traders awai…
GBPUSD fell to a session low of 1.3325 as stronger US economic data supported the US dollar and dampened Fed rate-cut hopes. Technical indicators have shifted bearish, highlighting key support near 1…
Despite a hawkish 25 basis point rate hike by the ECB and President Lagarde's focus on rising inflation risks, EURUSD maintains its bearish technical bias, trading below key moving averages with sell…
USDCAD drops sharply after stronger Canadian jobs data, breaking below key 100-day and 200-day moving averages, signaling firm bearish momentum with targets at key Fibonacci retracement levels.
EURUSD remains range-bound near key support and resistance levels, with repeated failed breakouts above 1.1667 and critical technical indicators holding near the 100-day moving average. Momentum is i…
The RBNZ’s 25-basis-point cut triggered a strong NZDUSD rally, while EURUSD showed minimal movement. Technical analysis highlights key support and resistance levels guiding buy and sell decisions ami…
UK's OBR unexpectedly reveals a major tax-heavy fiscal outlook, causing GBPUSD to initially rise then sharply reverse. The aggressive tax increases and political uncertainty weigh negatively on GBPUS…
GBPUSD faces bearish pressure amid rising UK rate cut odds and mixed US dollar reactions ahead of key US labour data and FOMC minutes. Technicals show resistance near 1.32, with potential declines to…
USDCAD faces downward pressure due to Bank of Canada rate cuts and cautious US dollar sentiment ahead of key US economic data and the December FOMC meeting.
GBPUSD briefly dipped below key retracement and moving averages following employment data, then rebounded near support levels. Price remains capped just below resistance, indicating a neutral stance …
USDCAD consolidates above key resistance amid mixed US data and a recent BoC rate cut. Buyers eye a breakout to 1.4295, while sellers watch for a break below 1.4080 signaling a pullback. Market await…
The Bank of Canada cut rates by 25bps, signaling an end to easing but maintaining low rates to support structural adjustment. This strengthened the Canadian dollar, pushing USDCAD below key technical…
USDCAD spiked after Trump halted trade talks with Canada, then consolidated near key moving averages, awaiting a breakout supported by mixed US CPI data.