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 The EUR/USD pair is sliding toward 1.1670 as the U.S. dollar strengthens following the Federal Reserve’s first rate cut in eight months—by 25 basis points to 4.25%.
By Sagar Dua EUR/USD. The euro is gaining against the dollar in the Asian session, rebounding after two days of declines. EUR/USD is testing the 1.1680 level to the upside as traders lock in short-term profits ahead of the weekend.
By Sagar Dua EUR/USD. The euro is losing ground on Forex against the USD during the Asian session, extending yesterday’s bearish momentum that pushed the pair to fresh weekly lows.
By Sagar Dua The US dollar is losing ground against the Japanese yen in Asian trading, testing the 148.60 level on a downside breakout and pulling back from the local highs set on September 3. Yesterday’s rally was fueled in part by cautious comments from Federal Reserve Chair Jerome Powell regarding the pace of future rate cuts.
By Sagar Dua United States. The U.S. dollar is gaining against the euro and the pound today but shows mixed performance against the yen.
By Sagar Dua The USD/JPY pair has been stuck in a sideways range of 148.44–146.88 (Murray levels [6/8]–[4/8]) for the second month, reflecting uncertainty over the Bank of Japan’s next policy moves, despite macroeconomic data that would justify a rate hike.
By Sagar Dua During the Asian session, the USD/CHF pair consolidates around 0.7920. With no fresh drivers on the market, forex investor activity remains subdued as they continue to assess the Fed’s latest monetary policy decision.
By Sagar Dua The US dollar is losing ground against the Canadian dollar in the USD/CAD pair during the morning session, pulling back after testing the 1.3830 level on an attempted breakout. Traders are awaiting fresh market drivers while digesting the outcomes of last week’s Federal Reserve and Bank of Canada meetings.
By Sagar Dua EUR/USD. The euro is trading higher against the U.S. dollar in the morning session, extending the corrective momentum from the previous day as the pair attempts to hold above 1.1800.
By Sagar Dua The Australian dollar is losing ground against the U.S. dollar in the AUD/USD pair during the Asian session, once again retreating to local lows from September 8, updated the day before. Yesterday’s trading closed with only a slight gain as the market lacked significant drivers.
By Sagar Dua EUR/USD. The euro is showing flat performance against the U.S. dollar during the Asian session, holding near 1.1740. Investors forex are reluctant to open new positions as they wait for fresh catalysts and digest last week’s macro releases.
By Sagar Dua EUR/USD. The euro is weakening against the U.S. dollar in the EUR/USD pair during the Asian session, preparing to end the week nearly flat. The instrument is testing the 1.1770 level on a downward breakout, as investors digest macroeconomic statistics.
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.
