Forex Analyses

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 ...

EUR/USD Holds at 1.1560 as Markets Eye 1.1648 Resistance The EUR/USD pair is trading at 1.1560 on March 26, 2026, consolidating just below a pivotal resistance zone that has defined price action for the past two weeks. After bouncing from the 1.1400–1.1450 support corridor earlier this month, the euro has climbed steadily i ...

AUD/USD Tests 0.7140 Resistance After RBA Rate Hold The Australian dollar has staged an impressive recovery in March 2026, climbing from its early-month dip near 0.6950 to challenge a key resistance cluster around 0.7090–0.7140. This move follows the Reserve Bank of Australia’s decision to hold its cash rate at 4.1%, whi ...

USD/JPY Tests the 160.00 Ceiling: A Critical Moment for Yen Traders The USD/JPY pair has climbed to 159.20 as of late March 2026, pressing once again against the formidable 160.00 psychological resistance level that has capped price action repeatedly since early 2024. With the pair trading above its 50-day and 100-day ...

GBP/USD Pulls Back to 1.3325: A Key Support Test for Trend Traders The British Pound has retreated against the US Dollar this week, with GBP/USD slipping to the 1.3325 area after failing to hold above the 1.3370 resistance zone. This pullback comes amid renewed Dollar strength following mixed economic data from the UK ...

EUR/USD Slides After the Fed's Hawkish Hold — What the Charts Are Saying The EUR/USD pair is trading at 1.1586 on March 19, 2026, extending a sharp decline that accelerated after the Federal Reserve held interest rates steady at 3.50%–3.75% and Fed Chair Jerome Powell signalled that cuts will not come unless inf ...

Gold Breaks the $5,000 Barrier: What It Means for Traders In March 2026, gold (XAU/USD) crossed the historic $5,000 per ounce mark for the first time ever. This milestone, driven by geopolitical uncertainty, central bank buying, and inflation hedging, has created exceptional trading opportunities for both long-term investors ...