USD/JPY Price Forecast: Bullish Bias Builds Above 155.00 Support
USD/JPY rose to 155.70 on Tuesday, up 0.64% after hitting a daily high of 156.28. The move follows comments from Japan’s prime minister signaling caution on further BoJ rate hikes, which have kept yen pressure alive. Technically, the pair sits above the 100‑day SMA at 155.10, with the 50‑day SMA near 156.00 acting as immediate resistance. Momentum indicators such as the RSI have recovered to 53, suggesting a stabilizing bullish bias.
Dow Jones Industrial Average Gains 200 Points as Fed Minutes Loom and Nvidia Rallies on Meta Deal
The Dow Jones Industrial Average rose about 300 points, or 0.65%, as investors returned to equities ahead of the Federal Reserve’s January minutes. Nvidia surged over 2% after Meta announced an expanded AI‑chip partnership worth tens of billions, reinforcing Nvidia’s...
GBP/JPY Price Forecast: Short-Term Trend Turns Negative Below 210.00 Handle
GBP/JPY slipped below the 210.00 psychological level, trading around 207.28 and marking a near two‑month low. The decline follows weaker UK labour‑market data that has pushed market consensus toward two Bank of England rate cuts this year, with the first...
USD/JPY Is Looking for Direction Around 153.00 with Key US Data in Focus
USD/JPY is hovering around the 153.00 level as traders await key US data. The pair was rejected at the 153.70 resistance, found support near 152.70, and settled back near 153.00. Weak Japanese Q4 GDP, which fell short of forecasts, kept...
AUD/USD Flat Amid US Dollar Strength, RBA Minutes Eyed
The Australian dollar held near 0.7072 against the U.S. dollar on Monday as a firmer greenback limited upside. The pair slipped from three‑year highs of 0.7147 after U.S. CPI showed inflation easing to 2.4% and unemployment edging down to 4.3%,...
EUR/GBP Bounces From Daily Lows as Eurozone GDP Supports the Euro
Eurozone preliminary GDP showed a 0.3 % QoQ rise in Q4 2025, matching expectations and nudging annual growth to 1.4 %. The United Kingdom posted a weaker 0.1 % QoQ increase, missing forecasts and pulling annual growth to 1 %. The data lifted the...
US CPI Data Expected to Show a Mild Decline in Inflation in January
U.S. consumer price index data for January showed annual inflation easing to 2.4% from 2.7% in December, missing the 2.5% market forecast. Monthly CPI rose 0.2% and core CPI remained at 2.5% year‑over‑year, matching expectations. The softer headline number nudged...
Silver Price Forecasts: XAG/USD Fails to Find Acceptance Above $79.00
Silver (XAG/USD) slipped to $77.35 on Friday, unable to sustain a breakout above the $79 resistance level. The metal is trapped below the 50‑period SMA at $81, reinforcing a bearish technical bias. A firm US Dollar Index and cautious market...
USD/CAD: Sideways Range with Tariff Risks – Rabobank
Rabobank analysts Molly Schwartz and Christian Lawrence project the USD/CAD pair to remain largely sideways throughout 2026, confined to a 1.36‑1.41 band. The outlook is driven by persistent US‑Canada trade tensions, a looming USMCA review, and a weakening U.S. dollar...