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 EUR/USD is rising for a second consecutive week, extending its recovery while still trading within a broader medium-term descending structure. The pair is hovering near 1.1554 today.
By Sagar Dua Last week, GBP/USD posted a strong advance as it corrected against the medium-term downtrend and reached the upper boundary of the descending channel near 1.3505. However, the pair gave back part of its gains on Monday.
By Sagar Dua 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 EUR/USD is correcting near 1.1509 as the US dollar weakens and investors assess signs of a temporary easing in US–Iran tensions, stronger eurozone manufacturing activity and the risk that renewed inflationary pressure could weigh on the region’s economic growth later in the year.
By Sagar Dua Last week, GBP/USD posted a strong advance as it corrected against the medium-term downtrend and reached the upper boundary of the descending channel near 1.3505. However, the pair gave back part of its gains on Monday.
By Sagar Dua During the Asian session, the euro is testing the 1.1514 level as market participants assess the outcome of the Federal Reserve’s two-day meeting, which concluded last Wednesday and broadly matched analysts’ expectations.
By Sagar Dua United States. The US dollar is weakening against the Japanese yen and the British pound while trading mixed against the euro.
By Sagar Dua United States. The US dollar is weakening against the Japanese yen while showing mixed performance against the euro and the British pound.
By Sagar Dua United States. The US dollar is strengthening against the pound while showing mixed performance against the euro and the yen.
By Sagar Dua The GBP/USD pair has been declining for two consecutive weeks after reversing from 1.3549 (Murrey level [6/8]). The pair reached 1.3305 (Murrey level [2/8]) and consolidated below the middle line of the Bollinger Bands. Today, the price corrected toward 1.3366 (Murrey level [3/8]) amid signs of easing geopolitical tensions in the Persian Gulf. Over the weekend, the United States temporarily paused its strikes on Iran, while Tehran indicated that it would also halt attacks as long as the US pause remained in place. The development raised hopes that diplomatic negotiations could resume.
By Sagar Dua The EUR/USD pair has been trading within the sideways range of 1.1474–1.1352 (Murrey levels [4/8]–[2/8]) for a second consecutive month. Today, the pair tested 1.1413 (Murrey level [3/8]) amid easing geopolitical tensions in the Middle East and stronger-than-expected July business sentiment data from Germany’s Ifo Institute. Over the weekend, the United States and Iran announced a temporary pause in attacks, raising hopes that the conflict could shift from military confrontation toward diplomacy. Such a development would reduce the risk of a deeper energy crisis and accelerating global inflation, potentially putting medium-term pressure on the US dollar as demand for safe-haven assets weakens.
By Sagar Dua United States. The US dollar is weakening against the euro while showing mixed performance against the Japanese yen and the British pound.
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.
