Introduction The euro has rallied strongly against the US dollar, but momentum is fading as macro and sentiment factors weigh. With Eurozone growth stagnant and the ECB cautious, while the US economy outperforms under a restrictive Federal Reserve, EUR/USD may be nearing a turning point. Technicals remain supportive in the short term, but risks of reversal are growing. Fundamental Analysis The Eurozone faces sluggish GDP growth, weak manufacturing, and subdued……
Read more
Introduction The US dollar is gaining momentum against the Canadian dollar as macro fundamentals, sentiment, and technicals converge. With resilient US growth, elevated inflation, and a restrictive Federal Reserve stance contrasting with Canada’s softer economic backdrop, USD/CAD is primed for upside. Recent daily chart signals suggest a bullish breakout is developing, reinforcing the broader macro theme. Fundamental Analysis The US economy continues to outperform, with GDP growth strong, consumer spending……
Read more
Introduction EUR/USD has lost momentum as the Eurozone’s stagnant growth contrasts with the resilience of the U.S. economy. While the European Central Bank remains cautious due to subdued inflation, the Federal Reserve continues to maintain a restrictive stance. This divergence in fundamentals is keeping downward pressure on the pair, with sentiment and technicals pointing to further weakness. Fundamental Analysis The Eurozone faces anaemic GDP growth, soft PMIs, weak consumer confidence,……
Read more
Introduction The Canadian dollar is gaining traction against the US dollar, supported by robust trade surpluses and a steady inflation backdrop. Although USD/CAD remains above the Ichimoku cloud, signalling a technically bullish bias, the pair shows signs of fatigue. With macro and sentiment drivers favouring the loonie, USD/CAD could be primed for a reversal lower. Fundamental Analysis Canada’s economy benefits from resilient employment, improving current account balances, and stable inflation.……
Read more
Introduction AUD/USD has staged a strong rebound, supported by risk sentiment and short covering. However, the rally appears stretched both technically and fundamentally. Weak macro conditions in Australia, contrasted with the United States’ resilient growth and hawkish Fed, suggest limited sustainability for AUD gains. This sets up a potential opportunity to fade strength in AUD/USD. Fundamental Analysis Australia’s growth is modest, with trade deficits and weak consumer confidence weighing on……
Read more
Introduction The GBP/USD pair is consolidating above key support as macroeconomic and technical factors align to favour moderate upside. With the Bank of England (BoE) maintaining a restrictive stance despite easing inflation, sterling remains underpinned. Meanwhile, the US dollar, though supported by strong growth, faces softening sentiment. This combination provides scope for further GBP/USD gains in the near term. Fundamental Analysis UK growth has slowed but avoided contraction, with inflation……
Read more
Introduction The EUR/JPY pair is at a critical juncture, with macroeconomic fundamentals, investor sentiment, and technical patterns aligning to favour further gains. The euro remains supported by a cautious but restrictive European Central Bank (ECB), while the yen continues to suffer from the Bank of Japan’s ultra-loose stance. This divergence, alongside improving sentiment, positions EUR/JPY for potential upside momentum in the weeks ahead. Fundamental Analysis Eurozone growth is sluggish but……
Read more
Introduction The Australian dollar continues to outperform as global sentiment steadies, while the Japanese yen remains weighed down by the Bank of Japan’s ultra-loose monetary stance. With AUD/JPY trading above the Ichimoku Cloud and supported by firm momentum, the pair is positioned for further gains in the near term. This article explores the fundamental, sentiment, and technical factors driving the bullish outlook. Fundamental Analysis Australia’s economy is showing modest growth,……
Read more
Introduction USD/JPY remains one of the most closely watched pairs as markets weigh diverging monetary policy paths. The Federal Reserve’s restrictive stance contrasts with the Bank of Japan’s ultra-loose approach. With yield spreads widening and technical indicators pointing to a potential breakout, the pair is set for renewed volatility. Fundamental Analysis The US economy continues to expand at a solid pace, with GDP growth above 3% and labour markets resilient.……
Read more
Introduction EUR/USD is trading above the Ichimoku cloud, reflecting short-term resilience, yet the fundamental backdrop favours the US dollar. The Eurozone faces weak growth and easing inflation, while the US economy continues to outperform. Diverging central bank policies and positioning risks keep EUR/USD vulnerable, with a decisive move in either direction hinging on key support and resistance levels. Fundamental Analysis The Eurozone economy remains fragile, with GDP growth stagnating and……
Read more