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United States The US dollar is strengthening against the euro and the yen, while showing mixed performance against the pound.
The US dollar is showing restrained strength against the Swiss franc, with USD/CHF trading near 0.7856 and extending the upward impulse from the previous session, when the instrument managed to recover most of the losses recorded earlier in the week. As before, the main drivers behind the pair’s gains are geopolitical factors, while the fundamental backdrop is changing only marginally.
During the morning session, the USD/JPY pair is attempting to extend the upward momentum of recent days, trading near 159.55.
During the Asian session, USD/JPY is trading around 158.97 amid a weakening US dollar, with the USDX slipping toward the 98.0 mark and the pair gradually moving away from the psychologically important 160.00 level, a threshold that Japanese financial authorities are seen as using as a signal for the start of currency intervention.
The pound is developing a corrective impulse, recovering during the Asian session after opening with a downside gap and testing the 1.3500 level for an upside breakout, while investors await new drivers for further price movement.
During the morning session, USD/JPY is posting modest gains, recovering after Friday’s bearish impulse that pushed the pair to its lowest level since March 19, and is testing the 159.00 mark for an upside breakout, while investors continue to monitor developments in the Middle East crisis.
The EUR/USD pair is trading in the 1.1750–1.1760 area, remaining sensitive in the short term to demand for the US dollar as a safe-haven asset: today the dollar rose toward the 98.30 mark in the USDX, while pressure on the euro increased amid another escalation around the Middle East conflict.
Since the beginning of the month, EUR/USD has continued to rise, reaching today’s February peak of 1.1823, supported by geopolitical factors and EU macroeconomic data.
This week, GBP/USD has been posting solid gains and is currently holding near the February high of 1.3530, despite mixed geopolitical signals: investors still hope for a peaceful resolution of the US-Iran conflict, although the first round of bilateral talks, which ended unsuccessfully over the weekend in Islamabad, triggered the start of the US blockade of the Strait of Hormuz.
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.