EUR/JPY’s rebound from 182.02 extended higher last week but retreated just ahead of 184.75 resistance. Initial bias remains neutral this week first. On the upside, break of 184.75 will resume the rise from 180.78 to retest 186.86 high. On the downside, however, below 183.17 minor support will turn bias back to the downside for 182.02…
Created on March 26, 2026 Last Friday the NZD/USD was above 0.58900 a couple of times. The currency pair was within sight of the 0.61000 mark towards the end of January. On the 27th of February the NZD/USD was close to 0.60075. As of this morning the realm of 0.57860 is being seen with fast…
GBP/USD is under pressure due to cautious market sentiment, USD strength stemming from Middle East ceasefire strains, and uncertainty following President Trump’s delay of Iran’s energy plant destruction. Technical analysis reveals a bull flag pattern on the H1 chart, suggesting a potential 100-pip rally If the price fails to clear the 200 SMA and breaks…
Created on March 27, 2026 British pound continues to see a lot of noisy sideways trading. British pound dropped initially during the trading session on Thursday but has turned around to show signs of life again as the market continues to bang around in a fairly well-defined range. The 200-day EMA sits right about where…
AUD/JPY’s selloff is accelerating as renewed risk aversion combines with a growing “stagflation trap” that is undermining the Reserve Bank of Australia’s hawkish outlook. While markets still price around a 72% chance of a May rate hike, surging energy and fertilizer costs are increasingly seen as a drag on growth rather than a simple inflation…
Daily Pivots: (S1) 1.3820; (P) 1.3844; (R1) 1.3886; More… USD/CAD’s rally from 1.3480 is in progress and intraday bias remains on the upside. It’s seen as correcting the whole down trend from 1.4791 and should target 1.3927 resistance, or probably further to 38.2% retracement of 1.4791 to 1.3480 at 3981. On the downside, below 1.3816…
Ed Wicks has been promoted to head of global markets at Legal & General Asset Management, a newly created role for the firm. Wicks’ promotion marks an extension of his ongoing eight-year long tenure at the asset manager, having initially joined in 2015 as head of equity trading. He later stepped up as global head…
In today’s Market Outlook, let’s take a look at Forex Trading on the NASDAQ, the DAX40, WTI, and Brent Crude Oil, AUD/USD, USD/JPY, USD/CHF, Silver, XAG/USD, and Gold, XAU/USD. Looking at the big picture, we see both Gold and Silver in downtrends with support at $4,100 and $61, respectively. From the technical side, we will…
T. Rowe Price’s head of foreign exchange (FX) trading, Toby Baker is set to retire from his role at the end of March, after more than 25 years at the real money asset manager. During his industry career – which spans more than three decades – Baker worked extensively across sectors spanning risk management, currency…
GBP/JPY’s month‑long sustained upside meets strong resistance. Momentum signals reflect signs of bullish exhaustion. GBP/JPY’s steady ascent within a month‑long upward‑sloping channel is showing signs of stabilisation, with price action repeatedly meeting strong resistance near the upper Bollinger band at 213.30. The broader bias remains bullish as the pair continues to trade above the long‑term…