USD/JPY trades higher on Tuesday as broad-based US Dollar (USD) strength weighs on the Japanese Yen (JPY). At the time of writing, the pair is hovering around 157.77, its highest level since January 23.

Bitcoin held $68K as the dollar hit a 3-month high, Nasdaq fell 1%, and gold dropped 3.6%. The 12-year inverse pattern just broke.

(EURUSD) kept declining in its last intraday trading, reaching our last target at 1.1530 support, amid the dominance of the main bearish trend on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of negative signals from relative strength indicators, despite reaching oversold levels.

The EURUSD is bouncing off a low at 1.1531 and moved above a swing level barometer at 1.1576, but it has a retracement target ahead

The New Zealand Dollar extends its losses for the second straight day amid a firm US Dollar courtesy of the Middle East conflict, which fueled fears of higher inflation sparked by the jump in Oil prices. The NZD/USD trades at 0.5889, down 0.80%.

GBP/USD fell about 0.35% on Tuesday, settling around 1.3350 after slipping below the 200-day Exponential Moving Average (EMA) for the first time since early December.

USD/JPY gains over 1% in two sessions, highlighting yen weakness as dollar demand strengthens despite geopolitical tensions.

The British Pound (GBP) struggles for direction against the US Dollar (USD) on Friday, with GBP/USD consolidating after a short-lived spike following weaker-than-expected US labor market data. At the time of writing, the pair is trading around 1.3362, on course for a third straight weekly decline.

The dollar index climbed to around 99.3 on Wednesday, extending gains for a third session as fears that a protracted Middle East conflict could sustain the rally in energy prices fanned inflationary concerns.Traders scaled back expectations for Federal Reserve rate cuts, now pricing in the next red…

The (AUDUSD) price declined on its last intraday levels, affected by breaking minor bullish trend line on short-term basis, and there are dynamic negative pressure that is represented by its trading below EMA50, intensifying the negative pressure especially with the emergence of negative signals from relative strength indicators, after offloading its oversold conditions, opening the way for recording more downside moves on near-term basis.