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28 02, 2025

Awaits Key US Data (Chart)

By |2025-02-28T00:08:07+02:00February 28, 2025|Forex News, News|0 Comments

  • In recent trading sessions, the USD/JPY currency pair has been attempting to recover from its four-month low losses, having fallen to the support level of 148.56.
  • However, the rebound gains did not exceed the 150.30 level before stabilizing around 149.30 at the time of writing the analysis.
  • The recent gains of the Japanese Yen have halted, as the US Dollar remained supported by escalating tariff threats from US President Donald Trump.
  • In the latest developments, Trump ordered an investigation into potential tariffs on copper imports to boost US production of the crucial metal, while also confirming that tariffs on Canada and Mexico will “go forward” once the one-month delay period ends next week.

Japanese Yen Remains Strong

Despite the decline, according to licensed trading platforms, the Japanese Yen remained near its highest levels in several months, supported by strong expectations that the Bank of Japan will continue to raise interest rates this year after bullish inflation surprises in the fourth quarter. Investors are now focusing on a series of key economic reports due out on Friday, including industrial production, retail sales and inflation data in Tokyo, which may provide further clarity on the Bank of Japan’s monetary policy outlook.

Trading Tips:

The dollar-yen pair breaks important support levels. So, be sure to exploit the performance to think about new buying opportunities, but without risk.

Japanese Stock Prices Stabilize

During today’s session, Thursday, and through stock trading platforms. Japan’s Nikkei 225 index rose 0.3% to close at 38,256, while the broader Topix index gained 0.73% to 2,736. Furthermore, the performance snapped a two-day losing streak and tracked gains in Wall Street’s main indexes. The moves came after US President Donald Trump raised hopes of another one-month pause in tariffs on imports from Mexico and Canada, while also proposing 25% tariffs on European cars and other goods.

Equity investors reacted to Nvidia’s earnings report, which highlighted strong demand for chips in the growing artificial intelligence sector. In Japan, shares of Seven & I Holdings plunged 11.7% after a proposed takeover by its founding family collapsed due to financing problems. Meanwhile, Itochu shares rose 4.3% after announcing that it decided not to continue participating in the Seven & I family purchase proposal.

USD/JPY Technical Analysis and Expectations Today:

According to recent trading, the general trend for the USD/JPY currency pair remains bearish. Stability below the 150.00 level will continue to motivate bears to control the trend and thus prepare for stronger losses, with the closest being 148.30 and 147.00, which in turn will move technical indicators towards strong oversold levels, and I see them as buying opportunities, but without risk. Conversely, and over the same time frame, a move above the resistance level of 152.60 will be important to break the current bearish outlook for the currency pair. The USD/JPY will be affected today by the announcement of a package of important US economic releases, led by the announcement of GDP growth and weekly jobless claims, along with the US durable goods orders reading.

Not to mention the signals that may come from global central bank officials about the future of tightening or not, and the path of US tariffs.

Want to trade our USD/JPY forex analysis and predictions? Here’s a list of forex brokers in Japan to check out.

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27 02, 2025

Euro feels weight of Trump tariff talks

By |2025-02-27T22:07:01+02:00February 27, 2025|Forex News, News|0 Comments

  • EUR/USD trades below 1.0500 after closing in the negative territory on Wednesday.
  • US President Trump plans to impose 25% tariff on EU imports of autos and other goods.
  • The technical outlook shows buyers’ reluctance in the near term.

EUR/USD lost its traction and posted losses on Wednesday. The pair stays on the back foot in the early European session on Thursday and trades below 1.0500.

Euro PRICE This week

The table below shows the percentage change of Euro (EUR) against listed major currencies this week. Euro was the weakest against the British Pound.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.14% -0.28% 0.01% 0.78% 0.84% 0.91% -0.18%
EUR 0.14%   -0.23% -0.02% 0.74% 0.97% 0.87% -0.21%
GBP 0.28% 0.23%   0.30% 0.97% 1.21% 1.10% 0.03%
JPY -0.01% 0.02% -0.30%   0.75% 0.90% 0.97% -0.10%
CAD -0.78% -0.74% -0.97% -0.75%   0.01% 0.13% -0.94%
AUD -0.84% -0.97% -1.21% -0.90% -0.01%   -0.11% -1.17%
NZD -0.91% -0.87% -1.10% -0.97% -0.13% 0.11%   -1.06%
CHF 0.18% 0.21% -0.03% 0.10% 0.94% 1.17% 1.06%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

The negative shift seen in risk mood supported the US Dollar (USD) on Wednesday and caused EUR/USD to stretch lower. Additionally, US President Donald Trump said that they are planning to impose tariffs on European imports, further weighing on the pair. He noted that they will share details on EU tariffs soon, while adding that they are likely to be 25% on autos and some other goods.

In response, “the EU will react firmly and immediately against unjustified barriers to free and fair trade, including when tariffs are used to challenge legal and non-discriminatory policies,” the European Commission said. 

In the second half of the day, the US Bureau of Economic Analysis will release the second estimate of the fourth-quarter Gross Domestic Product (GDP) data. A downward revision could limit the USD’s gains with the immediate reaction and help EUR/USD find support. The US economic calendar will also feature the weekly Initial Jobless Claims data, which is forecast to edge higher to 221,000 in the week ending February 22, from 219,000 in the previous week.

Later in the American session, Trump is scheduled to hold a press conference following his meeting with British Prime Minister Keir Starmer. 

EUR/USD Technical Analysis

EUR/USD closed the last 4-hour candle below the 20-period and the 50-period Simple Moving Averages (SMA) and the Relative Strength Index (RSI) indicator declined slightly below 50, reflecting buyers’ reluctance.

On the downside, 1.0440 (Fibonacci 61.8% retracement of the latest downtrend) could be seen as first support before 1.0390-1.0400 (50-day SMA, Fibonacci 50% retracement) and 1.0350 (Fibonacci 38.2% retracement). Looking north, resistances could be spotted at 1.0500-1.0510 (round level, Fibonacci 78.6% retracement), 1.0535 (100-day SMA) and 1.0600 (beginning point of the downtrend).

Tariffs FAQs

Tariffs are customs duties levied on certain merchandise imports or a category of products. Tariffs are designed to help local producers and manufacturers be more competitive in the market by providing a price advantage over similar goods that can be imported. Tariffs are widely used as tools of protectionism, along with trade barriers and import quotas.

Although tariffs and taxes both generate government revenue to fund public goods and services, they have several distinctions. Tariffs are prepaid at the port of entry, while taxes are paid at the time of purchase. Taxes are imposed on individual taxpayers and businesses, while tariffs are paid by importers.

There are two schools of thought among economists regarding the usage of tariffs. While some argue that tariffs are necessary to protect domestic industries and address trade imbalances, others see them as a harmful tool that could potentially drive prices higher over the long term and lead to a damaging trade war by encouraging tit-for-tat tariffs.

During the run-up to the presidential election in November 2024, Donald Trump made it clear that he intends to use tariffs to support the US economy and American producers. In 2024, Mexico, China and Canada accounted for 42% of total US imports. In this period, Mexico stood out as the top exporter with $466.6 billion, according to the US Census Bureau. Hence, Trump wants to focus on these three nations when imposing tariffs. He also plans to use the revenue generated through tariffs to lower personal income taxes.

 

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27 02, 2025

Looking for the Floor (Video)

By |2025-02-27T20:06:22+02:00February 27, 2025|Forex News, News|0 Comments

  • During the trading session on Wednesday, we have seen the euro try to rally against the Japanese yen only to turn around and show signs of weakness again.
  • By doing so it looks as if the market is trying to sort out where we are going.
  • But you can see that we just don’t have enough momentum to continue to go to the upside.

The 155 yen level underneath is a large round psychologically significant figure, and it is an area that has been very important for some time. The key question now is whether this support level will hold. Traders are likely viewing this area as a potential buying opportunity for value hunters, making a bounce possible.

However, if the price breaks below the 155 yen level, a significant decline could follow, as this area has historically provided strong support.On a move above the 158 Yen level, then I think the market goes looking at the 160 Yen level, which is where the 50 day EMA currently resides. And of course, it’s also an area where we have seen some significant action in the past.

On a Move Higher

Anything above that level then becomes really bullish. And I think you would probably see the Japanese yen struggling at that point due to the fact that the Bank of Japan, although more hawkish than they once were, the reality is that most central banks around the world still offer quite a bit more in the way of interest rates. Remember, you get paid to hang on to this EUR/JPY pair at the end of every day, although it’s not necessarily the greatest swap, but it is something and that is something that you need to pay attention to over the longer term.

In general, I think we are at a major point of inflection and that needs to be paid attention to as well. And therefore, I will be watching, but I also recognize that you do not want to jump the gun here. You want to have the market tell you which direction it’s going in before putting money into work.

Begin trading our daily forecasts and analysis. Here is a list of Forex brokers in Japan to work with.

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27 02, 2025

GBP/USD Analysis Today 27/02: Hits 2025 Highs (Chart)

By |2025-02-27T18:04:45+02:00February 27, 2025|Forex News, News|0 Comments

  • The British Pound has reached a new high in 2025 against the US Dollar, and further gains are possible in the near term.
  • According to licensed trading companies’ platforms, the GBP/USD exchange rate reached the resistance level of 1.2715, its highest since December 18, amid a steady increase in expectations that the US Federal Reserve has room to cut interest rates more than twice in 2025.
  • Just two weeks ago, the market witnessed a small cut in December 2025, but markets have since added another 30 basis points to expectations amid signs that the US economy is calming down from the strong growth we witnessed at the end of 2025.

Mixed results of US economic data

Recently, according to economic calendar data, new data from the Conference Board showed that US consumer confidence has declined significantly since Trump took office, amid a flurry of political announcements and restructuring. Data showed that confidence in January fell to its lowest level since June of last year, while the expectations index also fell to its lowest level since June. Commenting on this, HSBC analysts said: “The notable weakness in US consumer confidence data has added momentum to the idea that public sector job losses could create a turning point for the US labour market, pushing the economy into recession.”

The analysts added: “This is a very different tone from the generally upbeat nature of the US activity data, which saw the consensus GDP forecast for 2025 rise to an all-time high over the past year. The theme of American exceptionalism may have reached its peak.”

For its part, the Conference Board, commenting on its findings, said: “Pessimism about future employment prospects has deepened and reached a ten-month high.”

Elon Musk’s Policies Threaten US Jobs

The deteriorating US employment outlook coincides with the job purge carried out by Elon Musk in federal institutions under the DOGE program, which seeks to cut spending and make the government more efficient. At the same time, the cost-cutting campaign raises expectations that the Trump administration will achieve its goal of curbing and then reducing the country’s growing debt burden. An early negative side effect of these efforts is weak growth and the end of the US exceptionalism trade, which is inherently deflationary.

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Trading Tips:

The GBP/USD pair rose 2.0% in February 2025 to reverse its trend and overcome the 1.0% decline recorded in January to end four consecutive months of declines and warn against profit-taking after its recent gains.

However, analysts at Berenberg warn that concerns about the US economy are overblown. “We do not believe that the recent negative surprise in macroeconomic data and DOGE-led job cuts justify concerns about US economic growth. We expect the economy to grow above trend in 2025, with the labour market remaining healthy despite slower employment growth,” they said in a special analysis.

They expect total layoffs led by the US Department of Government Efficiency to reach 300,000 by the end of the year, which would reduce non-farm payrolls by up to 30,000 jobs per month. Some experts believe that this should not significantly affect the US labour market. In general, if this is true, the wave of US dollar weakness will break in the coming weeks, suggesting that the GBP/USD rise has its limits.

Upcoming Targets for GBP/USD:

According to recent trades and through the daily chart, the GBP/USD pair maintains positive momentum and there is now room to push towards the resistance levels of 1.2770 and 1.2820, which may be the final target for the current upward rebound. Meanwhile, the technical indicators will then move to strong overbought levels. On the other hand, and in the same time frame, the bears’ success in pushing the currency pair below the support level of 1.2580 is a strong and clear threat to the current upward correction.

Technical Analysis for the GBP/USD pair today:

The GBP/USD pair will be affected by the results of a package of US economic data, most notably the announcement of GDP growth, the number of weekly jobless claims, and US durable goods orders. Furthermore, this is in addition to investors’ sentiment regarding risk appetite or not.

Ready to trade our GBP/USD daily forecast? We’ve shortlisted the best regulated forex brokers UK in the industry for you.

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27 02, 2025

The USDJPY price faces solid support – Forecast today

By |2025-02-27T16:02:45+02:00February 27, 2025|Forex News, News|0 Comments

Flow/USD currency price (FLOWUSDT) edged lower in the intraday levels, amid the dominance of the downward trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels, with the price thus readying to pierce the pivotal support of $0.469.

 

Therefore we expect more losses for the price, provided the aforementioned support of $0.469 was breached, thus targeting the next one at $0.347.

 

Trend forecast today: Bearish



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27 02, 2025

The EURUSD price gathers the positive momentum – Forecast today

By |2025-02-27T14:01:58+02:00February 27, 2025|Forex News, News|0 Comments

Flow/USD currency price (FLOWUSDT) edged lower in the intraday levels, amid the dominance of the downward trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels, with the price thus readying to pierce the pivotal support of $0.469.

 

Therefore we expect more losses for the price, provided the aforementioned support of $0.469 was breached, thus targeting the next one at $0.347.

 

Trend forecast today: Bearish



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27 02, 2025

Natural gas price repeats testing the support – Forecast today – 27-2-2025

By |2025-02-27T12:00:57+02:00February 27, 2025|Forex News, News|0 Comments

Natural gas price touched 4.186$ level yesterday followed by surrendering to stochastic intraday negativity, to notice retesting 3.950$ support line and settling above it to confirm keeping the previously suggested bullish bias.

 

Now, stochastic attempt to gather the positive momentum will increase the chances of rallying towards 4.240$ to form the first target for the current trades, while surpassing it might extend trades towards 4.500$ recorded high direct.

 

The expected trading range for today is between 3.900$ and 4.240$

 

Trend forecast: Bullish



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27 02, 2025

The EURJPY moves slowly – Forecast today – 27-2-2025

By |2025-02-27T09:59:55+02:00February 27, 2025|Forex News, News|0 Comments

The EURJPY pair continued to provide slow sideways trades by fluctuating near 156.20, attempting to gather the additional negative momentum to reinforce the domination of the previously suggested bearish bias.

 

We assure the importance of holding below 157.35 barrier, noting that succeeding to gather the negative momentum will push the price to decline towards 155.30 level, while breaking it will extend trades towards the next target at 153.90 direct.

 

The expected trading range for today is between 155.30 and 157.00

 

Trend forecast: Bearish



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27 02, 2025

The GBPUSD price needs positive momentum – Forecast today

By |2025-02-27T07:58:19+02:00February 27, 2025|Forex News, News|0 Comments

Flow/USD currency price (FLOWUSDT) edged lower in the intraday levels, amid the dominance of the downward trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels, with the price thus readying to pierce the pivotal support of $0.469.

 

Therefore we expect more losses for the price, provided the aforementioned support of $0.469 was breached, thus targeting the next one at $0.347.

 

Trend forecast today: Bearish



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26 02, 2025

USD to YEN forecast: What is the outlook for USD vs Yen

By |2025-02-26T23:53:40+02:00February 26, 2025|Forex News, News|0 Comments

USD to YEN forecast: the outlook for the USD to JPY currency pair is influenced by various economic factors, technical indicators, and market sentiment.

The USD/JPY currency pair is one of the most traded pairs in the foreign exchange market, reflecting the economic dynamics between the United States and Japan. As investors seek to understand the future trajectory of this pair, several factors come into play, including economic indicators, monetary policies, and geopolitical developments. This analysis provides a comprehensive outlook on the USD vs. Yen.

Recent Forex Market Performance

In recent months, the USD/JPY pair has exhibited significant volatility, largely driven by shifts in economic data and central bank policies. The pair has approached critical levels, notably the psychological barrier of 150.00, which has proven challenging to maintain. Recent movements indicate a rebound toward 149.50, primarily influenced by the strengthening US Dollar and rising US Treasury yields.

USD to YEN Key Levels to Watch

Resistance Levels: The 150.00 mark remains a key resistance level. A sustained breach above this level could signal further strength for the Dollar.
Support Levels: On the downside, support is seen around the 148.65 level. A break below this could trigger further declines, potentially targeting 147.20.
Economic Influences
US Economic Indicators
The performance of the USD is heavily influenced by various economic indicators. Recent data points, such as employment numbers, inflation rates, and consumer spending, play a crucial role in shaping market sentiment.

Inflation and Interest Rates: The Federal Reserve’s monetary policy decisions are closely tied to inflation data. If inflation remains high, the Fed may continue to implement interest rate hikes, which typically bolster the Dollar. Conversely, signs of weakening inflation could lead to a more dovish stance, weakening the USD.
Service Sector Activity: Recent declines in service sector activity have raised concerns about the overall strength of the US economy. If the trend continues, it may prompt the Fed to reconsider its tightening measures, impacting the Dollar’s strength against the Yen.

Japanese Economic Indicators

Japan’s economy also plays a vital role in the USD/JPY outlook. The Bank of Japan (BoJ) has historically maintained a loose monetary policy, but recent shifts in inflation dynamics are prompting discussions about potential policy adjustments.

Inflation Trends: Japan has been experiencing rising inflation, prompting speculation about a possible tightening of monetary policy by the BoJ. If the central bank decides to raise interest rates, it could enhance the Yen’s attractiveness to investors, leading to a stronger Yen against the Dollar.
Economic Growth: Japan’s GDP growth rates and industrial production figures are critical indicators. Strong economic performance could support the Yen, while any signs of weakness may lead to further Yen depreciation.
Technical Analysis
Technical indicators provide valuable insights into potential price movements for the USD/JPY pair. Traders often look at patterns, trends, and key indicators to make informed decisions.

Moving Averages and RSI

Moving Averages: The 50-day and 200-day moving averages are commonly used to identify trends. A crossover of these averages may indicate a change in momentum. Currently, if the price remains below these averages, it could signal a bearish outlook.
Relative Strength Index (RSI): The RSI is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 indicates overbought conditions, while below 30 indicates oversold conditions. A high RSI could suggest a potential pullback in the USD/JPY pair.
Price Patterns
Patterns such as head and shoulders, flags, and triangles can indicate potential reversals or continuations. Traders should monitor these patterns for clues on future price movements.

Geopolitical Factors
Geopolitical developments can significantly impact currency pairs, including USD/JPY. Factors such as trade tensions, military conflicts, and diplomatic relations can create volatility and influence investor sentiment.

US-China Relations
The relationship between the US and China remains tense, with trade wars and tariffs impacting global markets. Any significant developments in this area could influence the USD’s performance, as economic uncertainties often lead investors to seek safe-haven currencies like the Yen.

Regional Stability
Japan’s geopolitical landscape, including its relationship with neighboring countries and its role in regional security, can also affect the Yen’s value. Increased tensions in the Asia-Pacific region may lead to a stronger Yen as investors seek safety.

Future Outlook
The future outlook for the USD/JPY pair is shaped by a combination of economic indicators, technical analysis, and geopolitical factors. Here are some key considerations:

Short-Term Projections
In the short term, the USD/JPY pair may experience continued volatility as market participants react to upcoming economic data releases and central bank announcements. If the Fed signals a more hawkish stance, the Dollar could strengthen, pushing the pair higher. Conversely, any dovish signals may lead to a pullback.

Long-Term Projections
Looking further ahead, the trajectory of the USD/JPY pair will depend on the relative strength of the US and Japanese economies. If the US economy demonstrates resilience and inflation remains elevated, the Dollar may maintain its strength. However, if Japan’s economy shows signs of recovery and the BoJ shifts toward tightening, the Yen could appreciate against the Dollar.

Conclusion

In conclusion, the outlook for the USD/JPY currency pair is multifaceted, influenced by economic indicators, technical analysis, and geopolitical developments. As the market navigates these variables, investors should stay informed and monitor key levels, economic data, and central bank policies to make well-informed trading decisions. The interplay between the US and Japanese economies will continue to shape the future of this vital currency pair.


When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.

Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.

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