USD/JPY –07.03.2025 – Orbex Forex Trading Blog

Profit-taking was the name of the game on Thursday, as traders braced for top-tier U.S. data releases, the U.S. elections, and the end of a trading month. Which headlines dominated price action in the last trading sessions? We’re breaking them down for ya: Headlines: China manufacturing PMI for October: 50.1 (49.8 expected and previous); Services…

GBPUSD: GBP/USD remains down for the third consecutive session, trading around 1.3410 in Asian trading on Thursday. The pair is struggling as the US dollar (USD) strengthens amid rising demand for safe-haven assets triggered by escalating tensions between Israel and Iran. In addition, the Bank of England (BoE) is widely expected to leave interest rates…

Will U.S. dollar bears make a comeback as Uncle Sam rolls out its latest inflation updates? Our Event Guide for the U.S. CPI report points to modest consumer price gains in December, a result that would support expectations for gradual Fed rate cuts. But what if this week’s numbers come in softer and…

The Camarilla Flat and Clear MT4 Indicator is a powerful tool designed to help Forex traders identify critical support and resistance levels with ease. It is based on the Camarilla equation, which is a mathematical formula used to predict potential price points in the market. The formula is applied to determine important support and resistance…

The UK, Australia, Canada, New Zealand and Norway have placed sanctions on two Israeli government ministers, Itamar Ben-Gvir and Bezalel Smotrich, largely for inciting violence against Palestinians in their campaign to gain control of new settlements in the West Bank. Ben-Gvir, the security minister in Benjamin Netanyahu’s coalition government, and Smotrich, the finance minister, will…