The US Non-Farm Payrolls report may be today’s headline event on the economic calendar, but markets are behaving as though the real story lies thousands of miles away in the Strait of Hormuz. For much of the past two days, investors had embraced a growing “peace trade,” betting that Washington and Tehran were moving closer

Daily Pivots: (S1) 1.1674; (P) 1.1695; (R1) 1.1713; More…. EUR/USD is still bounded below 1.1848 resistance despite today’s rebound. Intraday bias remains neutral at this point. With 1.1642 support intact, rise from 1.1408 is expected to continue. On the upside, firm break of 1.1848 will target 1.2081 high next. However, firm break of 1.1662 support

Newsfrom Japan Economy May 7, 2026 20:16 (JST) Tokyo, May 7 (Jiji Press)–The Japanese government and the Bank of Japan likely intervened into the foreign exchange market again to buy yen for dollars earlier this month, during Japan’s Golden Week holiday period, it was learned Thursday. Market sources estimated the intervention size during the period

Fundamental Background The fundamental backdrop for EUR/USD in early May is shaped by diverging monetary policy expectations on both sides of the Atlantic. At its 30 April meeting, the ECB left interest rates unchanged; however, Governing Council members Joachim Nagel and Peter Kazimir signalled the possibility of a rate hike as early as June amid

Daily Pivots: (S1) 0.8627; (P) 0.8639; (R1) 0.8657; More… Range trading continues in EUR/GBP and intraday bias remains neutral. Further fall is expected with 0.8652 support turned resistance intact. . On the downside, decisive break of 0.8610 key support carry larger bearish implications and pave the way to 0.8466 fibonacci level next. However, firm break

Daily Pivots: (S1) 1.3594; (P) 1.3619; (R1) 1.3658; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen above 1.3549. Further decline is expected as long as 1.3709 resistance holds. Below 1.3549 will resume the fall from 1.3965 to retest 1.3480 low. Decisive break there will resume whole down trend from 1.4791.

Key Highlights Bitcoin started a fresh increase above $78,000 and $80,000. A bullish trend line is forming with support at $80,200 on the 4-hour chart of BTC/USD. Ethereum remained in a range below $2,400. Gold is recovering losses and might revisit the $4,850 resistance. Bitcoin Price Technical Analysis Bitcoin price remained supported above $76,500 against

Daily Pivots: (S1) 0.9148; (P) 0.9160; (R1) 0.9171; More…. Intraday bias in EUR/CHF remains neutral first. On the upside, above 0.9177 minor resistance will bring stronger rebound back to 0.9264 resistance. However, sustained break of 0.9155 cluster support (38.2% retracement of 0.8979 to 0.9264 at 0.9155) break of 0.9155 will turn bias back to the

Daily Pivots: (S1) 183.92; (P) 184.35; (R1) 185.04; More… EUR/JPY’s breach of 182.28 suggests that consolidation from there has completed at 185.02, and fall from 187.93 is resuming. Intraday bias is back on the downside for 180.78 support next. For now, risk will stay on the downside as long as 185.02 resistance holds, in case

Australian dollar rose 1.2% against its US counterpart on Wednesday and hit the highest since June 2022. The rally was sparked by the media report signaling that US-Iran war might be near the end that revived demand for riskier assets. Today’s advance broke about two-week consolidation range (0.7222/27) as well as above upper 20-d Bollinger

Key takeaways Intervention-driven downside resumes: USD/JPY plunged 2.4% to a two-month low after Japan’s ~$34.5B intervention on Thursday, 30 April, with a sharp intraday drop on today, 6 May, hinting at a possible second round of intervention. Rebound likely a dead cat bounce: The 1.5% recovery to 157.94 appears corrective within a newly formed short-term

AUD/USD started a fresh increase above 0.7175 and 0.7200. NZD/USD is also rising and might aim for more gains above 0.5950. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started a steady increase above 0.7150 against the US Dollar. There was a break above a bearish trend line with resistance

Daily Pivots: (S1) 1.6240; (P) 1.6307; (R1) 1.6347; More… EUR/AUD’s fall from 1.6824 resumed after brief consolidations and intraday bias is back on the downside. Decisive break of 1.6125 low will confirm resumption of whole down trend from 1.8554. For now, risk will stay on the downside as long as 1.6371 resistance holds, in case

According to Santiment, in early May large holders acquired more than 140,000 ETH within 96 hours. This demand is forming against a backdrop of growing corporate interest in Ethereum as a reserve asset: Bitmine Immersion Technologies holds over 5 million ETH. At the same time, an opposing trend is emerging: total assets under management in

CHICAGO, May 5, 2026 – Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, today announced the expansion of TT FX, with a range of new features for institutional foreign exchange (FX) and precious metals traders to deliver comprehensive over-the-counter (OTC) trading through TT. The expanded release extends the firm’s FX

New York, NY, May 05, 2026 (GLOBE NEWSWIRE) — As global forex markets become increasingly fast-moving and data-driven, investors are rethinking how trading decisions are made. In 2026, the ability to process real-time information and execute trades efficiently has become a defining factor in market performance. AriseAlpha introduced its free AI forex trading bot ,

New York, NY, May 05, 2026 (GLOBE NEWSWIRE) — As global currency markets continue to expand, automation and artificial intelligence are playing an increasingly important role in how investors engage with forex trading. AriseAlpha announced the release of its free AI forex trading bot , designed to help investors participate in currency markets through data-driven strategies

The US Dollar recovered a good part of its losses in the early week, forming a key double-bottom – More upside to come? With Oil bouncing back above $105, its correlation with the FX Market picks up again US Dollar Index (DXY) in-depth Technical Analysis The US Dollar regained much of its early-week losses and

2026.05.05 2026.05.05 Yen Jumps Briefly After Intervention in Forex. Forecast as of 05.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As long as oil prices continue to rise and the Bank of Japan refrains from raising interest rates, carry traders are likely to continue selling the yen. Against this backdrop, Japan’s currency interventions are unlikely to be effective or to