The British Pound (GBP) surged sharply on Friday, reaching a new three-year high against the US dollar. After trading broadly within a range over the past five days, the GBP/USD pair notably broke higher, circulating around the 1.3500 level before...
USD/CHF: Stuck in the Middle – Breakout or Breakdown Coming? Today I’ve been closely tracking USD/CHF, and it’s clear the pair is stuck in a tight consolidation zone around 0.9110. While the dollar is holding up fairly well, the Swiss franc isn’t...
The EUR/USD pair's recent surge to 1.1370 reflects a confluence of geopolitical tensions and technical momentum, though the rally faces growing skepticism about its sustainability. Fundamentally, the U.S. dollar’s weakness stems from President...
I have been closely monitoring the EUR/USD pair, and I find its recent performance on the weekly chart particularly compelling, especially with the formation of what appears to be a rapidly enclosing bullish candle that could potentially lead to a...
USD/JPY: Yen Roars Back as Inflation Spikes – Is This the Turning Point? Today I’ve been watching USD/JPY slide to around 143.45, and it’s clear the yen is finally showing some serious strength. The big driver? Japan’s core inflation for April came...