USD/JPY remains range-bound near key support at 155.70 and resistance around 157.70, within an overall bullish medium-term trend. Watch for a break below 155.70 signaling deeper correction or a push above 157.70 for upside continuation. Momentum indicators and Fed-BoJ policy divergence add caution to near-term outlook. #Forex #USDJPY #TechnicalAnalysis
Euro to dollar outlook remains cautious as strong U.S. economic data and hawkish Fed policy support the greenback. Analysts see limited upside for the euro amid persistent inflation and diverging central bank paths. More at PoundSterlingLive.com in analysis by James Skinner.
GBP/USD is consolidating around 1.3500 as traders await key US macro data for direction. With USD strength tied to Fed tightening hopes and the Pound showing resilience amid UK uncertainties, the upcoming Nonfarm Payrolls and other releases could set the near-term trend for the pair.
USD/CAD has broken above the key resistance at 1.3375, signaling a potential bullish trend ahead. Technical indicators like EMA50, RSI, and MACD support upward momentum with targets near 1.3500 and beyond. Strength in the US economy underpins this move. #Forex #USDCAD #TechnicalAnalysis
As January 7, 2026 opens, forex markets reflect cautious optimism amid mixed economic data and central bank signals. The US dollar holds steady on strong jobs figures and Fed caution, while the euro retreats amid eurozone softness and ECB hawkishness. The yen awaits clear BoJ guidance as inflation trends improve. Traders remain watchful for policy moves shaping 2026’s monetary landscape. Stay tuned for evolving dynamics across major currency pairs.
USD/JPY is approaching a key resistance at 146.55, supported by bullish technical signals like a bullish flag pattern, RSI near 60–70, and positive MACD momentum. A decisive breakout could target 147.40 and beyond. Watch support at 145.10 and 144.30 as benchmarks for trend health. Fundamental factors such as Fed vs. BOJ policy divergence and risk sentiment will also shape the pair’s path. Traders should prepare for potential volatility ahead. #Forex #USDJPY #TradingAnalysis
EUR/USD holds crucial support above 1.1700, eyeing a move toward 1.1760 amid steady U.S. dollar strength and mixed eurozone data. Market watchers await a break of resistance to confirm further upside.
GBP/USD remains range-bound near 1.3500 as markets await key US economic data. With BoE’s cautious tightening and USD strength from Fed rate hike expectations, traders look to payrolls, inflation, and retail sales for the next big move. Stability continues amid mixed signals.
USD/CAD is testing a critical long-term ascending trend line that has supported price since 2020. While recent resistance near 1.3850 and bearish signals suggest weakening bullish momentum, the trend line still holds. Watch for a decisive break or bounce as this retest may signal a major price reversal ahead. #Forex #USDCAD #TechnicalAnalysis
Australian Dollar bulls have propelled AUD/USD toward key resistance near 0.6700, facing a critical test after sustained gains. While momentum remains positive, the pair must clear this trendline barrier to sustain the rally. Watch for potential reversals if sellers defend this level; a breakout could open the door to further upside.
