The USD/BRL pair remains in a bullish trend, but weakening technical momentum and macroeconomic factors favouring the Real suggest a potential reversal. Will the pair break above 6.2250 or fall below key support at 6.1500?
USD/JPY remains a standout bullish trade for January 2025, supported by strong US fundamentals, favourable sentiment, and clear technical signals. Discover the key drivers behind this trend and what traders should watch for next.
GBP/AUD shows a bearish outlook as macroeconomic fundamentals, sentiment analysis, and technical indicators align. The UK’s economic stagnation and weakening sentiment contrast sharply with Australia’s resilience, creating favourable conditions for AUD strength. This detailed analysis highlights key levels and strategies for traders to capitalise on the potential bearish reversal.
The EUR/USD pair faces bearish momentum, influenced by Eurozone economic challenges, weak trade data, and technical indicators. Read our full analysis to understand the key drivers shaping EUR/USD trends.
GBP/USD is under significant bearish pressure as weak UK fundamentals collide with robust US economic performance. With key support at 1.2400 and 1.2200, traders should prepare for continued downside.
The USD/JPY currency pair is set for further bullish momentum, driven by macroeconomic divergence and strong technical signals. Key resistance levels point to a high-quality trade opportunity for traders seeking upside potential.
The EUR/AUD currency pair presents a strong long trade opportunity as the Eurozone’s economic resilience outpaces Australia’s slowing momentum. Supported by improving Eurozone GDP growth, sticky inflation, and a widening trade surplus, the euro holds a clear fundamental advantage. Technically, bullish signals from the Ichimoku Cloud, MACD, and RSI align with rising buying interest, while sentiment analysis reinforces the trade through a contrarian retail positioning. With all factors pointing to continued upside, EUR/AUD is positioned as a high-conviction trade idea for further gains.
The USD/JPY currency pair presents a compelling bullish outlook, underpinned by strong macroeconomic fundamentals, significant monetary policy divergence, and positive technical indicators.
The GBP/USD currency pair faces a bearish outlook driven by diverging economic trends between the United Kingdom and the United States. While the UK struggles with weakening GDP growth, rising unemployment, and widening trade deficits, the US economy showcases resilience with robust growth, improving inflation metrics, and a narrowing trade deficit. Technical indicators, including the Ichimoku Cloud and momentum oscillators, further support a neutral-to-bearish sentiment, suggesting limited upside potential. Coupled with market preference for the USD as a safe-haven currency, the fundamentals and sentiment align with a short trade opportunity on GBP/USD, targeting a move towards the 1.2600 level.
The GBP/AUD pair is showing signs of overextension after a prolonged bullish run, with technical and fundamental indicators aligning to suggest a potential reversal. Overbought RSI levels and weakening momentum on the MACD hint at a short-term correction, while Australia’s stronger economic fundamentals and trade surplus provide a bearish foundation for GBP/AUD. Traders should look for a short entry near the resistance level of 2.0100, with targets at 2.0012 and 1.9935, while maintaining a stop-loss above 2.0150 to manage risk. This setup offers an opportunity to capitalise on a potential pullback in the pair.
