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, USD/CHF is holding near 0.7956, trading below the resistance line of the descending channel with dynamic boundaries of 0.8150–0.7600, consolidating after the release of Switzerland’s August inflation data last Thursday.
By Sagar Dua During the Asian session, NZD/USD is trading at 0.5902 as the New Zealand dollar strengthens, despite weak national housing market data. In Q2, total construction output fell from 1.3% to –1.8% y/y, with residential building down from 2.8% to –2.9% and non-residential from 1.3% to –0.4%. The value of work contracted by –9.1% to NZD 4.8 billion for residential and –7.5% to NZD 3.1 billion for non-residential projects. Seasonal factors explain much of the decline, limiting its impact on the currency.
By Sagar Dua During the Asian session, the USD/CAD pair shows mixed movement, consolidating near 1.3830. Market activity remains moderate as investors continue to digest Friday’s labor market data.
By Sagar Dua During the Asian session, the USD/CAD pair shows mixed movement, consolidating near 1.3830. Market activity remains moderate as investors continue to digest Friday’s labor market data.
By Sagar Dua The pound is trading with near-zero momentum in the GBP/USD pair during the morning session, holding above 1.3510. The instrument received support last Friday when the U.S. dollar came under pressure after weak labor market data.
By Sagar Dua EUR/USD The euro is gaining in the EUR/USD pair during the Asian session, extending the bullish momentum formed at the end of last week
By Sagar Dua This week, GBP/USD has shown mixed performance: the pair first dropped toward 1.3330 but later recovered part of its losses and is now trading near the middle line of the Bollinger Bands.
By Sagar Dua The USD/CHF pair is trading in a corrective trend near 0.8047, preparing to extend growth following the latest inflation data.
By Sagar Dua The USD/JPY pair is correcting within an uptrend around 148.21, supported by the positive performance of the U.S. dollar.
By Sagar Dua The euro is trading flat against the U.S. dollar in the Asian session, holding near 1.1660 as market activity remains subdued ahead of the release of August U.S. labor market data at 14:30 (GMT+2).
By Sagar Dua The New Zealand dollar is gaining against the US dollar during the Asian session, correcting after a sharp decline the day before. The pair is testing the 0.5865 level for an upside breakout, while overall market activity remains subdued.
By Sagar Dua The euro is trading flat against the US dollar during the Asian session, holding near 1.1660 as market activity remains subdued ahead of key US labor market data due at 14:30 (GMT+2).
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.
