EUR/USD. The European currency is set to end the final week of February with near-flat dynamics. During the Asian session, the EUR/USD pair is testing the 1.1800 level, while market participants await the release of German inflation data scheduled for 11:00 (GMT+2).
By Sagar Dua United States. The US dollar is strengthening against the British pound, while showing mixed performance against the euro and the Japanese yen.
By Sagar Dua This week, GBP/USD price action has been mixed. After climbing toward the middle Bollinger Band near 1.3575, the pair gave back its gains and returned to the 1.3480 area amid comments from Bank of England Governor Andrew Bailey.
By Sagar Dua The Australian dollar to US dollar exchange rate (AUD/USD) reached three-year highs in late January, climbing to levels just below 0.7150, and is currently trading slightly above the 0.71 mark.
By Sagar Dua The European currency is set to end the final week of February with near-flat performance: during the Asian session, the EUR/USD pair is testing the 1.1800 level, while market participants await the release of German inflation data at 11:00 (GMT+2). Forecasts point to a slowdown in the headline index from 2.1% to 2.0% year-on-year, which would further support expectations that the European Central Bank (ECB) will maintain its current monetary policy stance, while the monthly figure is expected to accelerate from 0.1% to 0.5%.
By Ihor The U.S. dollar is recovering from a very short-term downtrend and is testing the 0.7720 level for an upside breakout, as traders assess geopolitical risks that could influence price dynamics.
By Sagar Dua Amid a strengthening U.S. dollar, the USD/JPY pair is correcting within an upward trend near the 155.93 level.
By Sagar Dua During the Asian session, the EUR/USD pair remains in a corrective trend near the 1.1790 level amid neutral macroeconomic data and a strengthening US dollar.
By Sagar Dua USDX quotes are correcting after the upward momentum seen over the past two trading sessions and are testing the 97.60 level for an upside breakout, while demand for the US dollar remains stable, supported by a number of factors.
Forex analysis helps traders figure out where a currency pair might move next and guides their trading decisions. It’s a daily tool for planning entries and exits, based on two main approaches. Fundamental analysis looks at the broader economy: growth, inflation, and especially central bank policy on interest rates. Technical analysis studies past price movements, chart patterns, and signals that tend to repeat over time. Together, these methods give traders a clearer picture of the market and improve decision-making.
