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The Reserve Bank of Australia kept interest rates steady amid above-target inflation and global energy uncertainties, though it slightly softened its hawkish tone. Technically, AUD/USD remains stuck …
NZDUSD trades near session lows, testing key support at 0.5918–0.5935. A breakdown could target 0.5900, while holding support may allow recovery toward moving averages at 0.5934–0.5944.
GBPUSD is testing critical resistance levels, with a breakout potentially driving further bullish momentum. Risk-on sentiment dominates amid supportive lower yields and sustained crude oil prices abo…
The USD gains broadly against major currencies, with GBPUSD breaking key support levels and bearish momentum likely to continue. USDCHF rises above resistance, while USDJPY holds key support as USD d…
USDCAD plunged after a stronger-than-expected Canadian jobs report, lowering unemployment and suggesting potential Bank of Canada rate hikes, triggering bearish technical signals near key retracement…
GBPUSD surged past the 200-day moving average near 1.33194, signaling bullish momentum with buyers pushing towards the 100-day moving average at 1.33667 after a brief retreat.
USDCAD rose strongly after Canada’s Q3 GDP soared 2.6% vs 0.5% forecast, while GBPUSD edged up marginally and EURUSD stayed mostly flat amid mixed USD moves and steady US stocks.
Stronger-than-expected Canadian jobs data pushed USDCAD to new lows, but a rebound failed to hold above resistance, indicating cautious short-term downside potential if key support levels break.
EURUSD fell after failing twice to break above its 100-day moving average, finding short-term support near the 100-hour MA, leaving traders uncertain about the next directional move.
USDCAD climbed above the 38.2% retracement at 1.40176, reinforcing daily bullish momentum and signaling buyers are regaining control, with this level as a key support for further upward moves.
GBPUSD initially dropped to a new low but rebounded sharply after tariff hike news, now testing key resistance levels with buyers attempting to retake control amid potential bullish momentum buildup.