Forex Analyses

XAU/USD Tests $4,605 Pivot as Gold Coils Beneath $4,672 Resistance Gold opens May 2026 at a technically charged level. Spot XAU/USD is trading near $4,605, sitting almost exactly on the 0.382 Fibonacci retracement of the rally from late 2025 lows up to the February all-time high of $5,418.14. Above price, sellers continue ...

EUR/USD Stalls at 1.1746 Resistance: Bearish Divergence Brewing EUR/USD enters May 2026 consolidating near 1.1746, a critical resistance zone defined by the 2026 yearly open, the 2025 high-week close, and the 2025 high-close. After the European Central Bank's recent rate decision, the euro pushed higher but the advance ...

USD/JPY at 157.50: A Yen Caught Between BOJ Intervention and a Stretched Dollar USD/JPY has spent the opening days of May 2026 under heavy two-way pressure, with spot now trading around 157.50 after one of the most aggressive Bank of Japan interventions in over a year. The pair had spent most of late March and April ...

USD/CHF Slips to 0.7845 as Swiss Franc Strength Pressures the Dollar USD/CHF has spent the final week of April 2026 trading inside a tight, downward-sloping range, with spot recently changing hands near 0.7845 . The pair entered the week with a clearly bearish daily structure, a sequence of lower highs from the 0.8070 ...

GBP/USD Holds Above the 50-Day MA as Bulls Eye 1.3599 Resistance Cable opened the final week of April 2026 trading near 1.3514 , consolidating for a second consecutive session inside the ascending channel that has framed the rally off the March low at 1.3162. The pair is squeezed between the 9-day EMA at 1.3509 and the ...

EUR/USD Defends 1.1685 Support as Bulls Set Sights on 1.1780 Breakout The euro is putting up a quiet but stubborn fight against the US dollar this week. As of late April 2026, EUR/USD is trading around 1.1685, hovering just above the cluster where the 50- and 200-period moving averages have converged near 1.1678. That ...

AUD/USD Holds 0.7089 Support as Bulls Eye 0.7185 Breakout The Australian dollar is once again testing the patience of trend traders. As of late April 2026, AUD/USD is trading just above 0.7089, where the 20-period exponential moving average has lined up with a multi-week ascending trendline. The daily technical scorecard ...

XAU/USD Defends $4,700 as Strait of Hormuz Uncertainty Caps Gold's Upside Gold is trading at $4,738.53 on April 24, 2026, after a choppy session that saw XAU/USD dip to $4,684.45 before rebounding back above the psychologically important $4,700 handle. The metal opened at $4,740.15 on Thursday and finished the day ...

USD/JPY Tests 160 Ceiling as BOJ Rate Hike Bets Build The USD/JPY pair is hovering at 158.906 on April 22, 2026, locked in a tight battle around the 20-day exponential moving average near 158.95. Price has been compressed inside a month-long sideways consolidation between the April 17 low at 157.60 and the March ...

GBP/USD at 1.3518: Sterling Tests Critical Support Amid Safe-Haven Flows GBP/USD slipped to 1.3518 on April 21, 2026, sliding 0.12% as renewed geopolitical tension in the Strait of Hormuz pushed traders into the US dollar. The pair is now hovering right above the psychologically important 1.35 handle, a level that has ...

USD/CHF Tests 0.80 Resistance as Swiss Franc Strengthens The US Dollar/Swiss Franc pair is trading at 0.7836 as of mid-April 2026, having just rejected the critical 0.80 psychological resistance zone where the 200-day EMA is converging. Over the past month, the Swiss Franc has strengthened 1.21% against the dollar, ...

EUR/USD Breaks Above 1.1700 as ECB Rate Hike Bets Accelerate The euro has pushed above the psychological 1.1700 handle against the U.S. dollar in mid-April 2026, printing its highest levels since late February and posting a weekly gain of roughly 1.5%. The rally is being driven less by technicals alone and more by a dramatic ...

Gold Pulls Back to $4,723 Amid Strait of Hormuz Tensions XAU/USD slipped 0.59% on Monday April 13 to trade near $4,723 per ounce, retreating from last week's highs as markets digest the latest geopolitical developments surrounding the Strait of Hormuz. Failed weekend negotiations between the US and Iran have raised concerns ...

AUD/USD Holds Above 0.7060 as Momentum Builds Toward the March High The Australian dollar has steadily regained ground against the US dollar through early April 2026, with AUD/USD trading near 0.7064 after rebounding from the 0.6833 low printed on 30 March. The pair now sits above its 55-day, 100-day, and 200-day simple ...

The USD/JPY pair is trading near 159.33 as of mid-April 2026, sitting just below the critical 160.00 psychological resistance level. After weeks of climbing within an ascending channel, the pair is now testing a zone that has historically triggered intervention threats from Japanese authorities. For traders using MetaTrader ...

GBP/USD at 1.3427: Trading the Breakout with Trend Lines in April 2026 The British pound surged against the US dollar on April 8, 2026, with GBP/USD jumping to 1.3427 — a gain of over 1% in a single session. The catalyst was the surprise announcement of a US-Iran ceasefire, which sent shockwaves through currency markets b ...

EUR/USD at 1.1540: CCI Divergence Signals a Potential Turning Point The EUR/USD pair opened the week of April 7, 2026, at 1.1543, trading within a tight intraday range of 1.1535 to 1.1548. With average daily volatility sitting at just 79 pips over the last five sessions, the pair is coiling beneath a cluster of resistance ...

USD/CHF at 0.7962: Trading the Oversold Bounce with Support and Resistance The USD/CHF pair is trading near 0.7962 as the last week of March 2026 begins, rebounding from the 0.7833 support zone that held firm during mid-month selling pressure. With the 14-period RSI dipping to 28.91 on the daily chart — well into oversold t ...

USD/JPY at 158.70: BOJ-Fed Divergence Sets Up a Classic CCI Trade The USD/JPY pair is trading around 158.70 as of late March 2026, having oscillated within a tight 157.05–159.75 range throughout the month. Behind this consolidation lies a fascinating macro story: the Bank of Japan continues its cautious tightening c ...

GBP/JPY Climbs Inside an Ascending Channel Near 212.70 The British pound continues to strengthen against the Japanese yen in late March 2026, with GBP/JPY trading around 212.70 inside a well-defined ascending channel on the 4-hour chart. The pair has been climbing steadily from the 207.20 swing low, posting higher highs ...