This article takes a technical view of USD/JPY and GBP/JPY, analyzing critical support and resistance levels that deserve careful scrutiny in the coming trading sessions.

This article looks at GBP/USD and AUD/USD from a technical standpoint, dissecting pivotal support and resistance levels that warrant close observation following the U.S. inflation report.

Gold prices have bounced from the daily low around $1905/oz mark, helped by a slightly weaker USD. A surprise given the sticky US inflation print but further downside remains a possibility.

US headline inflation rose for the second month in a row, boosted by surging gasoline prices, while core inflation met lowered expectations.

The Yen’s appreciation proved to be short-lived as markets focus on a potentially higher inflation print in the US and further USD upside. EUR/JPY ranges before ECB

​​Outlook on FTSE 100, DAX 40 and S&P 500 following a drop in tech stocks ahead of Wednesday’s US CPI data release.

EURO Bulls received fresh impetus yesterday following news that the ECB may upgrade the forecast for 2024 inflation to above 3%. The result has seen rate hike expectation hawkishly repriced ahead of the US CPI release.

GBP prices extended its decline today after UK GDP disappointed. Cable now looks to US CPI for guidance.

GBP is testing crucial support against the US dollar ahead of UK GDP data due later Wednesday. Which way is the tide for GBP/USD, EUR/GBP and GBP/JPY?