United States of America. The US dollar is strengthening against the pound and the yen, while showing mixed performance against the euro.
By Sagar Dua During the Asian session, the GBP/USD pair is holding near 1.3556, developing a bearish impulse formed the previous day. The driver behind the strengthening downside momentum was a weak report on the UK labor market.
By Sagar Dua EUR/USD. The EUR/USD pair is trading near 1.1844, extending an ultra-short-term corrective move. Prices refreshed the local lows seen on February 6, but by late Tuesday’s session the pair had almost fully recovered its losses despite weak data from the Centre for European Economic Research (ZEW).
By Sagar Dua The EUR/USD pair is trading around 1.1844, developing a very short-term corrective trend. Within this move, prices updated local lows from February 6 but recovered almost all losses by the end of Tuesday’s session, despite the release of weak data from the Centre for European Economic Research (ZEW).
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.
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.
