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 EUR/USD pair is trading in a corrective trend near the 1.1715 level, supported by stable macroeconomic data from the European Union.
By Sergey Lomakin EUR/USD. The European currency is losing ground against the US dollar, correcting after the strong bullish impulse formed at the beginning of the current week. The pair is testing the 1.1715 level for a downside breakout, remaining close to the local highs recorded on December 30. Demand for the single currency continues to increase amid further deterioration in relations between the United States and European countries.
By Sagar Dua During the Asian session, USD/CAD is trading around 1.3848. The Canadian dollar remains broadly neutral amid a lack of positive shifts in macroeconomic data at the start of the year.
By Sagar Dua During the morning session, GBP/USD is correcting near 1.3441. The pound retains upside potential amid steady housing-market data from Rightmove Group Ltd., pointing to a recovery in the sector.
By Sagar Dua The European currency is gaining against the US dollar in the EUR/USD pair, trading near 1.1667 and extending the strong bullish impulse from the previous session. The dollar remains under pressure amid a lack of new price drivers, while investors are seeking alternatives to the US currency against the backdrop of renewed risks of “tariff wars” between the US and the EU.
By Sagar Dua EUR/USD. The European currency is gaining ground against the US dollar, trading near 1.1667 and extending the strong bullish momentum from the previous session. The dollar remains under pressure amid a lack of new directional drivers, while investors are seeking alternatives to the US currency due to the risk of renewed “tariff wars” between the US and the EU.
By Sagar Dua The US dollar is losing ground against the Japanese yen in USD/JPY, attempting to consolidate below the psychological 158.00 level and pulling back from the record highs set on July 11, 2024, which were renewed late last week.
By Sagar Dua EUR/USD. The European currency is gaining ground against the US dollar, correcting after last week’s bearish impulse. The pair is testing the 1.1630 level on a potential upside breakout, rebounding from local lows seen on November 28.
By Sagar Dua EUR/USD The euro is showing modest gains during the Asian session, preparing to end the week at fresh local lows since early December while markets await December inflation data from Germany and Italy, scheduled for release today at 09:00 (GMT+2) and 11:00 (GMT+2), respectively.
By Sagar Dua United States. The US dollar is moderately strengthening against its main counterparts—the euro, the pound, and the yen.
By Sagar Dua EUR/USD. The EUR/USD pair has been extending its downward move for a fourth consecutive week and is currently holding near 1.1630.
By Sagar Dua EUR/USD. The European currency shows a slight decline during the Asian session, consolidating near the 1.1635 level, as market activity remains fairly subdued amid a lack of fresh drivers for price movement.
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.
