I believe USD/JPY will reach 160.200 before the end of the year due to the Bank of Japan's continued dovish stance, which keeps the yen weak, combined with the Federal Reserve's commitment to maintaining higher interest rates, strengthening the dollar. Additionally, geopolitical uncertainties and strong U.S. economic performance further support USD strength, while...
The dollar is expected to continue rising next week due to strong U.S. economic data, geopolitical uncertainties driving safe-haven demand, diverging monetary policies favoring the Fed's hawkish stance, and a prevailing risk-off sentiment in the markets.
We remain strongly bearish on GBP/USD, and the pair is expected to continue its downward movement next week. USD news is likely to come in relatively strong, putting additional pressure on GBP/USD. Moreover, economic uncertainty in the UK, combined with the global geopolitical situation, is making GBP/USD even weaker. Last week, I highlighted that GBP/USD was...
We remain strongly bearish on EUR/USD, and the pair is expected to continue its downward movement next week. USD news is likely to come in relatively strong, adding further pressure to EUR/USD. Additionally, global uncertainty continues to weaken EUR/USD even more. Last week, I posted that EUR/USD would drop while many were calling for an upward move. I see the...
EURUSD early this week I shared my EURUSD idea, that EU was going down what a move!!!
USD/JPY looks good for a long position. I mentioned earlier this week that USD/JPY would go up, while others started selling.
I expect GBP/USD to drop significantly in the near term, which is why I’m planning to enter a swing short position. The primary reasons include ongoing economic weakness in the UK, as recent data has shown declining consumer confidence and weaker-than-expected GDP growth. Additionally, the Bank of England is likely to maintain a dovish stance amid rising recession...
I plan to buy USD/JPY because the fundamentals support a stronger dollar next week. Key reasons include expectations of robust U.S. economic data, such as higher-than-forecasted retail sales and durable goods orders, which could reinforce the Federal Reserve's hawkish stance. Additionally, recent geopolitical tensions and risk-off sentiment are likely to boost...
I have updated my EUR/USD trade and will move my stop loss slightly higher in case the market wants to reach the order block.
USD/JPY is likely to continue rising as the U.S. economy shows strong growth, supported by robust data such as high GDP growth, low unemployment, and resilient consumer spending, which strengthens expectations for the Federal Reserve to keep interest rates higher for longer, while the Bank of Japan maintains its dovish monetary policy. Key upcoming U.S. economic...
GBP/JPY could rise to 200.000 if strong UK economic data boosts GBP or if the Bank of Japan maintains its dovish stance, but it could fall if the Bank of England signals policy caution or risk aversion strengthens JPY due to geopolitical or economic uncertainty.
EUR/USD is likely to continue moving downward next week due to diverging monetary policies between the European Central Bank (ECB) and the Federal Reserve. The ECB has recently adopted a more cautious stance as Eurozone economic data, particularly PMI figures, indicate weakening growth and inflation pressures easing. In contrast, the Fed remains committed to its...