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 Last week, the AUD/USD pair advanced strongly and reached 0.6713 (Murrey level [8/8]), which it continues to test at the moment. Market activity remains subdued ahead of New Year celebrations, but the potential for further upside persists due to the expected divergence between the monetary policy paths of the Reserve Bank of Australia (RBA) and the U.S. Federal Reserve.
By Sagar Dua During the Asian session, the euro is holding near 1.1740 as markets await a recovery in investor activity after the Christmas holidays. In the absence of key macroeconomic releases, traders’ attention today will be focused on US weekly jobless claims at 15:30 (GMT+2). According to forecasts, initial claims are expected to rise from 214K to 220K, while continuing claims may increase from the previous 1.923 million.
By Sagar Dua United States The US dollar is losing ground against the Japanese yen and the British pound, while showing mixed dynamics versus the euro.
By Sagar Dua USD/JPY quotes are correcting lower within a downward move near 156.08, supported by macroeconomic data and reduced investor activity related to the Catholic Christmas holidays.
By Sagar Dua EUR/USD. The European currency is attempting to recover after developing a bearish impulse the previous day and is currently testing the 1.1780 level for a downside breakout amid reduced investor activity. Many investors and forex traders have not yet returned to the market following the Christmas holidays, although this situation is expected to change as early as next week.
By Sagar Dua United States. The U.S. dollar is strengthening against the euro and the pound, while showing mixed performance versus the yen.
By Sagar Dua EUR/USD. The euro is showing mixed performance in EUR/USD, consolidating near 1.1760. Market activity remains subdued due to the Christmas and New Year holidays, while investors reassess the outlook for Fed policy easing.
By Sagar Dua United States. The U.S. dollar is strengthening against the yen, the euro, and the pound.
By Sergey Lomakin The EUR/USD pair has been gaining for a second consecutive month and is currently trading around 1.1779 (Murrey level [+1/8]), while overall investor activity remains subdued due to the Christmas holidays.
By Sagar Dua United States of America. The US dollar is weakening against the Japanese yen and shows mixed dynamics in pairs with the euro and the British pound.
By Sagar Dua The GBP/USD pair has been extending its upward momentum for a second consecutive month, correcting against the medium-term downtrend. This week, the price reached four-month highs near 1.3535, supported by upbeat UK macroeconomic data.
By Sagar Dua Amid a weaker US dollar and strong macroeconomic data from the euro area, the EUR/USD pair is trading within a corrective trend near the 1.1790 level.
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.
