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 testing resistance at 1.1645, trying to extend its upside momentum on the back of macroeconomic data from the euro area.
By Sagar Dua The British pound is gaining against the US dollar, with GBP/USD trading near 1.3329 and extending a very cautious bullish move from the previous session. Market participants remain restrained ahead of the upcoming Federal Reserve decision, where traders expect a 25 bps rate cut to 3.75%.
By Sagar Dua EUR/USD. The European currency shows mixed dynamics in the EUR/USD pair, consolidating near 1.1645. Market activity remains low as investors are in no rush to open new trading positions ahead of the U.S. Federal Reserve meeting, scheduled for December 10.
By Sagar Dua EUR/USD. The European currency shows mixed dynamics in the EUR/USD pair, consolidating near 1.1645. Market activity remains low as investors and forex traders avoid entering new positions ahead of the U.S. Federal Reserve meeting, with the results scheduled for December 10.
By Sagar Dua EUR/USD The single European currency is gaining against the U.S. dollar in the EUR/USD pair, recovering after last week’s decline. The instrument is testing the 1.1655 level for an upside breakout as market participants await the outcome of the two-day U.S. Federal Reserve meeting.
By Sagar Dua The US dollar is weakening against the British pound and shows mixed movements against the euro and the Japanese yen.
By Sagar Dua The USDX index is showing a downward trend after attempting corrective growth the previous day, with the instrument testing the 98.85 level for a potential breakout to the downside as investors await the US Federal Reserve meeting scheduled for December 10.
By Sagar Dua The GBP/USD pair is consolidating near 1.3344, with the pound receiving strong support after Chancellor of the Exchequer Rachel Reeves presented a new budget to Parliament. The document, positioned as a long-term recovery plan for the national economy, includes measures aimed at significantly increasing tax revenues by £26 billion.
By Sagar Dua EUR/USD. The euro is trading sideways in the EUR/USD pair, extending a mild corrective move that formed yesterday: the pair is testing the 1.1650 level to break lower while investors digest fresh macroeconomic data.
By Sagar Dua The EUR/USD pair is moving in a corrective trend around 1.1654: recent EU data has had little impact on the euro, but at 12:00 (GMT+2) fresh numbers on the state of the eurozone economy will be released, which could increase volatility in the pair.
By Sagar Dua The euro–dollar pair (EUR/USD) bounced from the 1.15 area in late November and has since moved toward 1.1650, supported by growing expectations that the Federal Reserve will cut rates more aggressively in the coming year.
By Sagar Dua EUR/USD. The euro is gaining in value against the US dollar in the EUR/USD pair, consolidating near 1.1685 and the local highs from October 17. The instrument is developing a fairly strong bullish impulse formed the day before, as well as an overall short-term upward trend.
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.
