United States of America. The US dollar is strengthening against the pound and the yen, while showing mixed performance against the euro.
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 EUR/USD. The European currency is extending its bullish momentum and testing the 1.1820 level for an upside breakout, while at 12:00 (GMT+2) investors and forex traders are awaiting the release of February business sentiment data for the eurozone. Forecasts suggest an improvement from 99.4 to 99.8 points, with the services sector indicator expected to rise from 7.2 to 7.5 points, while consumer confidence is likely to remain unchanged at –12.2 points.
By Sagar Dua United States of America. The US dollar is strengthening against the yen, weakening against the pound, and showing mixed dynamics against the euro.
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 EUR/USD. The euro is showing moderate gains against the US dollar, offsetting the bearish momentum of recent trading sessions and testing the 1.1800 level for an upside breakout, while at 12:00 (GMT+2) market participants await eurozone inflation data that could influence expectations regarding the future monetary policy of the European Central Bank (ECB).
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.
By Sagar Dua United States. The US dollar is gaining against the yen and the euro, while moderately weakening versus the pound.
By Sagar Dua The USD/JPY pair is testing the 155.29 level for a downside breakout: market activity remains relatively subdued on Tuesday morning in the absence of key macroeconomic catalysts, prompting traders to focus on inflation data released last week.
By Sagar Dua EUR/USD. The euro is actively losing ground during the Asian session on February 24, extending a fragile corrective move formed at the beginning of the week and testing the 1.1770 level for a downside breakout, as investors and forex traders await new catalysts to drive price action.
By Sagar Dua Since the start of Monday trading, the GBP/USD pair has gained 0.38% and is trading near the 1.3530 level amid macroeconomic data from the United Kingdom.
By Sagar Dua During the Asian session, the USD/JPY pair maintains a corrective trend, trading near 154.28 amid a broadly stable US dollar.
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.
