USD/JPY has now broken above the 159 level and is trading around 159.15, showing that dollar strength and higher U.S. yields continue to outweigh near-term intervention fears from Japan’s Ministry of Finance. However, the move higher is still being watched cautiously, as markets know Japanese authorities remain uncomfortable with rapid gains toward the key 160 level. Despite the breakout, momentum across several yen crosses such as CHF/JPY, EUR/JPY, and CAD/JPY is starting to

Pivot points are one of the most popular tools used by forex traders to identify important support and resistance levels. They help traders understand where price could: Reverse Break out Stall Gain momentum Many day traders and short-term traders use pivot points because they provide clear price levels that can help improve trade decisions. The best part is that pivot points are simple to calculate and easy to use once you understand the basics. What Are Pivot Points? A pivo

EUR/USD remains stuck in a phase of indecision, with the pair showing very little movement in recent sessions as markets balance expectations for both the ECB and the Federal Reserve. While traders increasingly expect the ECB to begin raising rates, the euro is still struggling because U.S. interest rates and Treasury yields remain significantly higher than those in Europe, continuing to support demand for the dollar. The market is now pricing a strong chance of a 25 basis po

Gold remains at a critical technical level while holding above the 4450 support zone, even as Treasury yields stay elevated and the U.S. dollar remains firm above 99. Price action is now testing a key descending trendline, making the next move important for determining whether gold enters a bullish reversal or resumes its broader correction. A sustained move above the 4650 resistance area could revive bullish momentum toward 4765 and potentially the key 5000 psychological lev

EUR/USD remains under pressure below 1.16 after weak German and French PMI data reinforced concerns about slowing eurozone growth. Germany’s economy stayed in contraction for a second straight month, with both services and manufacturing showing weakness, while rising energy and transport costs linked to Strait of Hormuz disruptions continue to fuel inflation pressures. This creates a difficult stagflation environment for the ECB, where growth is slowing, but inflation risks r

USD/JPY is losing momentum after failing several times to break above the 159 level, with falling oil prices and lower US Treasury yields putting pressure on the pair. Hopes that oil supply flows through the Strait of Hormuz may improve, along with renewed talk of a possible US-Iran deal, pushed crude prices sharply lower and reduced demand for the dollar against the yen. The pair remains heavily driven by US-Japan yield spreads and central bank expectations. Markets are now

Technical indicators are some of the most popular tools used by forex traders. They help traders analyze price movement, identify trends, measure momentum, and spot possible entry and exit points. However, no indicator can predict the market perfectly on its own. Indicators work best when combined with proper risk management, market structure, and an understanding of economic conditions. Among the many indicators available, RSI, MACD, and Ichimoku are considered three of the

GBP/USD remains under pressure below 1.34 after UK CPI slowed to 2.8% y/y, coming in below the 3.0% forecast and down from 3.3% previously. The softer inflation data, combined with weaker UK jobs figures, has reduced expectations for a June Bank of England rate hike, with markets now leaning more toward a July move instead. Falling gilt yields and a resilient U.S. dollar are also adding pressure on the pound. Despite the softer headline inflation reading, rising fuel costs st

Gold remains under heavy pressure as rising US Treasury yields and a stronger US dollar continue to tighten financial conditions and reduce demand for non-yielding assets like gold. Instead of behaving like a traditional safe haven, gold is currently moving more like a risk-sensitive asset, showing a very strong inverse relationship with both bond yields and the US dollar. Technically, gold has broken below the key 4500 support zone after already falling below the March uptre

EUR/USD remains under pressure as markets continue focusing on elevated oil prices, rising Treasury yields, and uncertainty around US-Iran negotiations. Although President Trump signalled possible diplomatic progress, investors remain cautious as energy prices stay elevated, keeping inflation concerns alive and supporting the US dollar. The stronger dollar environment is also being reinforced by expectations that the Federal Reserve may keep interest rates higher for longer a