United States. The US dollar is strengthening against the Japanese yen today while posting moderate losses against the euro and the British pound.
By Sagar Dua EUR/USD is correcting near 1.1509 as the US dollar weakens and investors assess signs of a temporary easing in US–Iran tensions, stronger eurozone manufacturing activity and the risk that renewed inflationary pressure could weigh on the region’s economic growth later in the year.
By Sagar Dua Last week, GBP/USD posted a strong advance as it corrected against the medium-term downtrend and reached the upper boundary of the descending channel near 1.3505. However, the pair gave back part of its gains on Monday.
By Sagar Dua During the Asian session, the euro is testing the 1.1514 level as market participants assess the outcome of the Federal Reserve’s two-day meeting, which concluded last Wednesday and broadly matched analysts’ expectations.
By Sagar Dua United States. The US dollar is weakening against the Japanese yen and the British pound while trading mixed against the euro.
By Sagar Dua The GBP/USD pair has been declining for two consecutive weeks after reversing from 1.3549 (Murrey level [6/8]). The pair reached 1.3305 (Murrey level [2/8]) and consolidated below the middle line of the Bollinger Bands. Today, the price corrected toward 1.3366 (Murrey level [3/8]) amid signs of easing geopolitical tensions in the Persian Gulf. Over the weekend, the United States temporarily paused its strikes on Iran, while Tehran indicated that it would also halt attacks as long as the US pause remained in place. The development raised hopes that diplomatic negotiations could resume.
By Sagar Dua The EUR/USD pair has been trading within the sideways range of 1.1474–1.1352 (Murrey levels [4/8]–[2/8]) for a second consecutive month. Today, the pair tested 1.1413 (Murrey level [3/8]) amid easing geopolitical tensions in the Middle East and stronger-than-expected July business sentiment data from Germany’s Ifo Institute. Over the weekend, the United States and Iran announced a temporary pause in attacks, raising hopes that the conflict could shift from military confrontation toward diplomacy. Such a development would reduce the risk of a deeper energy crisis and accelerating global inflation, potentially putting medium-term pressure on the US dollar as demand for safe-haven assets weakens.
By Sagar Dua The US dollar is showing mixed dynamics against the Japanese yen, with USD/JPY consolidating near 163.80 after approaching 163.96, its highest level in around 40 years. The pair remains supported by the wide interest rate differential between the United States and Japan, renewed demand for dollar liquidity and rising costs for Japan’s imported energy supplies amid geopolitical tensions in the Middle East.
By Sagar Dua During the Asian session, GBP/USD remains in a corrective phase, trading near 1.3318 as the US dollar benefits from renewed safe-haven demand. Sterling is struggling to restore its previous upward momentum as investors reassess the monetary policy outlook for the world’s leading central banks, while persistent geopolitical risks continue to affect energy prices and global inflation expectations.
By Sagar Dua The US dollar is strengthening against its major counterparts, including the euro, pound and Japanese yen.
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.
