GBP/JPY is having trouble extending its April gains near a key resistance area. Will this lead to Guppy going back to its longer-term trend? Check out the pair’s daily chart and see…
Month: May 2025
FX Weekly Recap: April 28 – May 2, 2025
A volatile week in FX saw currencies whipsawed by shifting risk sentiment, weak U.S. data, central bank updates, and optimism around global trade de-escalation.
Chart Art: USD/JPY Closing in on Area of Interest
USD/JPY is still in correction mode from its latest move but looks ready to bounce off the nearby area of interest. Will we see trend continuation or a breakout? Take a look…
Global Market Weekly Recap: April 28 – May 2, 2025
It was a volatile week across markets as traders juggled mixed economic data, global trade headlines, and central bank updates. From tariff developments and surprise GDP prints to shifting oil dynamics and…
4 Trading Adjustments to Make in a High Volatility Environment
Are you getting caught up in highly volatile market moves while sentiment keeps shifting on a dime? Here are some adjustments to consider. What is volatility anyway? Volatility refers to the amount by…
U.S. Dollar Strengthens Despite Deeper ISM Manufacturing PMI Contraction
The ISM Manufacturing PMI for April 2025 registered at 48.7, down 0.3 percentage points from March’s 49.0 reading. While this marks the second consecutive month of contraction in the manufacturing sector, the…
Daily Broad Market Recap – May 1, 2025
The Labor Day market holiday for Chinese and European markets led to a calm start for most risk assets, before volatility once again picked up on top-tier U.S. data and earnings reports….
Bank of Japan Holds Rates, Yen Weakens Across The Board
The Bank of Japan (BoJ) kept its benchmark interest rate unchanged at 0.5% today, triggering a significant weakening of the Japanese yen across major currency pairs. The decision reflects the central bank’s…
Daily Broad Market Recap – April 30, 2025
Market participants had plenty to deal with on Tuesday, as U.S. equity indices took cues from big tech earnings data, crude oil caved to another round of bearish updates, and top-tier U.S….
Chart Art: Will EUR/USD Find Support From a Previous Major Resistance Level?
EUR/USD has eased off its fresh 2025 highs and is now testing an important technical area. Will the bulls make a move at the level? Let’s take a closer look at EUR/USD’s…