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 GBP/USD continues to extend its decline, with the pair posting fresh three-month lows this week. Currently, price is attempting to establish a long-term bearish trend, trading below 1.3184 (Murray [0/8], 38.2% Fibonacci retracement). Sustained downside could open the way to further losses toward the 1.2975 (50% Fib) and 1.2785 (61.8% Fib) zones.
By Sagar Dua The USD/CAD pair continues its rally for the seventh straight session, now approaching key resistance at 1.3860. This advance marks the strongest weekly US dollar surge (+2.57%) since 2022, driven by hawkish Fed policy, resilient labor data, and a dovish turn from the Bank of Canada.
By Sagar Dua The EUR/USD pair has been under intense downward pressure this week, sliding to the 1.1400 zone as a combination of trade and monetary factors erode support for the euro.
By Sagar Dua Market Overview: USD/JPY Awaits Fed and BoJ Policy Outcomes
By Sagar Dua Range-Bound Trade as Dollar Strengthens Post US-EU Trade Deal
By Sagar Dua US Dollar Strengthens on Major Trade Developments. The US dollar is strengthening against the euro, pound, and yen as markets react to the newly announced US–EU trade agreement.
By Sagar Dua USD/CAD Holds Near Channel Resistance Ahead of BoC Decision
By Sagar Dua RBA Policy, Neutral Tone Ahead of Q2 CPI
By Sagar Dua Monetary Policy and Trade Developments Drive USD/JPY
By Sagar Dua EUR/USD Dynamics: Trade Deal and ECB Policy in Focus
By Sagar Dua Forex Update: US Dollar Firms Against Euro and Pound, Mixed Against Yen
By Sagar Dua The USD/JPY pair resumed its downward move this week and is currently trading near the midline of the Bollinger Bands at 146.45. The dollar remains supported after the US and Japan finalized a trade deal that implements a 15% tariff on all Japanese imports, including automobiles, and obliges Tokyo to invest $550B into the US economy. This positive outcome fuels investor optimism that the Republican administration will soon secure similar agreements with other key partners, especially the EU, thereby reducing the risk of a global economic slowdown.
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.
