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 The US dollar is strengthening against the euro and the pound but losing ground against the yen.
By Sagar Dua The EUR/USD pair is correcting after reaching multi-year highs near 1.2080 at the end of January, retreating toward the middle line of the Bollinger Bands at 1.1840 (Murray level [1/8]), as the US dollar remains supported by monetary factors.
By Sagar Dua During the Asian session, the GBP/USD pair is correcting near 1.3607, retaining potential for a continuation of the upward trend despite the strengthening of the U.S. dollar against its major peers.
By Sagar Dua The U.S. dollar is strengthening against the euro and the yen but weakening against the pound.
By Sagar Dua The USD/CAD pair is correcting near 1.3617, with the Canadian dollar showing stable performance amid the absence of major shifts in macroeconomic data and the ongoing correction in the US dollar.
By Sagar Dua USD/JPY. The U.S. dollar is posting moderate gains against the Japanese yen, consolidating around the 153.25 level during the Asian session after a strong bearish move last week. The pair is reacting to fundamental shifts in Japan’s political landscape as well as a reassessment of global fiscal and monetary expectations.
By John Isige EUR/USD. The euro shows mixed dynamics against the U.S. dollar, consolidating near 1.1860. Trading activity at the start of the new week remains subdued as U.S. markets are closed for Presidents’ Day.
By Sagar Dua The U.S. dollar is strengthening against the Japanese yen and the euro, while showing mixed dynamics against the British pound.
By Sagar Dua The Australian dollar is posting a moderate decline, testing the 0.7080 level for a downside breakout during the Asian session. At the same time, the AUD/USD pair is set to end the trading week in positive territory, supported by the hawkish rhetoric of the Reserve Bank of Australia (RBA). Recall that on February 3, the regulator raised the key interest rate by 25 basis points to 3.85%, becoming one of the first central banks to sharply shift its monetary policy stance.
By Sagar Dua During the Asian session, the EUR/USD pair is holding near the 1.1869 level. The euro has failed to develop a sustained upward move amid neutral macroeconomic data and negative assessments from international auditing firm Deloitte.
By Sagar Dua EUR/USD. The European currency is extending the corrective impulse that began last Tuesday, which allowed the single currency to retreat from the local highs seen on January 30. At present, the EUR/USD pair is testing the 1.1860 level for a downside breakout, while market participants await new drivers from key macroeconomic data scheduled for release today at 12:00 (GMT+2).
By Sagar Dua EUR/USD. The euro is testing the 1.1870 level for a downside breakout, extending a fragile short-term bearish trend that began last Tuesday. Investor focus remains on macroeconomic data from the eurozone, which continues to signal structural weakness in the European economy and reinforces expectations of an earlier monetary easing cycle by the European Central Bank (ECB).
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.
