Forex

AUD/USD’s extended decline last week should confirm medium term topping at 0.7187. Initial bias remains on the downside this week for 38.2% retracement of 0.5913 to 0.7187 at 0.6700. On the upside, above 0.6956 minor resistance will turn intraday bias neutral first. But risk will stay on the downside as long as 0.7187 resistance holds,

EUR/JPY’s rebound from 182.02 extended higher last week but retreated just ahead of 184.75 resistance. Initial bias remains neutral this week first. On the upside, break of 184.75 will resume the rise from 180.78 to retest 186.86 high. On the downside, however, below 183.17 minor support will turn bias back to the downside for 182.02

EUR/AUD’s extended rebound last week confirmed short term bottoming at 1.6125. Initial bias stays on the upside this week. Sustained break of 55 D EMA (now at 0.6756) will pave the way to 38.2% retracement of 1.8554 to 1.6125 at 1.7053. On the downside, below 1.6607 minor support will turn intraday bias neutral first. In

Created on March 26, 2026 Last Friday the NZD/USD was above 0.58900 a couple of times. The currency pair was within sight of the 0.61000 mark towards the end of January. On the 27th of February the NZD/USD was close to 0.60075. As of this morning the realm of 0.57860 is being seen with fast

GBP/USD is under pressure due to cautious market sentiment, USD strength stemming from Middle East ceasefire strains, and uncertainty following President Trump’s delay of Iran’s energy plant destruction. Technical analysis reveals a bull flag pattern on the H1 chart, suggesting a potential 100-pip rally If the price fails to clear the 200 SMA and breaks

Created on March 27, 2026 British pound continues to see a lot of noisy sideways trading. British pound dropped initially during the trading session on Thursday but has turned around to show signs of life again as the market continues to bang around in a fairly well-defined range. The 200-day EMA sits right about where

Daily Pivots: (S1) 1.3820; (P) 1.3844; (R1) 1.3886; More… USD/CAD’s rally from 1.3480 is in progress and intraday bias remains on the upside. It’s seen as correcting the whole down trend from 1.4791 and should target 1.3927 resistance, or probably further to 38.2% retracement of 1.4791 to 1.3480 at 3981. On the downside, below 1.3816

Ed Wicks has been promoted to head of global markets at Legal & General Asset Management, a newly created role for the firm.   Wicks’ promotion marks an extension of his ongoing eight-year long tenure at the asset manager, having initially joined in 2015 as head of equity trading.   He later stepped up as global head

In today’s Market Outlook, let’s take a look at Forex Trading on the NASDAQ, the DAX40, WTI, and Brent Crude Oil, AUD/USD, USD/JPY, USD/CHF, Silver, XAG/USD, and Gold, XAU/USD. Looking at the big picture, we see both Gold and Silver in downtrends with support at $4,100 and $61, respectively. From the technical side, we will

T. Rowe Price’s head of foreign exchange (FX) trading, Toby Baker is set to retire from his role at the end of March, after more than 25 years at the real money asset manager. During his industry career – which spans more than three decades – Baker worked extensively across sectors spanning risk management, currency

GBP/JPY’s month‑long sustained upside meets strong resistance. Momentum signals reflect signs of bullish exhaustion. GBP/JPY’s steady ascent within a month‑long upward‑sloping channel is showing signs of stabilisation, with price action repeatedly meeting strong resistance near the upper Bollinger band at 213.30. The broader bias remains bullish as the pair continues to trade above the long‑term

USD strength fading within range: Post-FOMC USD strength lacks follow-through, with the US Dollar Index nearing key resistance (100.10–100.54), suggesting limited upside and potential near-term exhaustion. Hawkish ECB supporting EUR: Rising inflation risks (linked to the US-Iran conflict and energy shock) have pushed the European Central Bank toward a more hawkish stance, narrowing US–Eurozone yield

AUD/JPY’s selloff is accelerating as renewed risk aversion combines with a growing “stagflation trap” that is undermining the Reserve Bank of Australia’s hawkish outlook. While markets still price around a 72% chance of a May rate hike, surging energy and fertilizer costs are increasingly seen as a drag on growth rather than a simple inflation

Key Highlights USD/JPY started a fresh increase above 158.80 and 159.00. A bullish trend line is forming with support at 159.00 on the 4-hour chart. EUR/USD failed to clear the 1.1620 resistance zone and trimmed gains. Gold prices are again moving lower and might revisit $4,200. USD/JPY Technical Analysis The US Dollar remained supported above

If last Thursday trading was taking place below the 1.6300 level, today one euro is worth more than 1.6660 Australian dollars. The upward trend seen in recent days has been driven by a combination of factors, including: → Bullish factor for the euro: The European Central Bank (ECB) has revised its 2026 inflation forecast upwards

Daily Pivots: (S1) 0.6949; (P) 0.6987; (R1) 0.7034; More… Intraday bias in AUD/USD stays neutral at this point, with focus on 0.6943 support. Decisive break there should confirm rejection by 0.7206 key fibonacci resistance. That would set up deeper correction to the whole up trend from 0.5913, and target 38.2% retracement of 0.5913 to 0.7187

Daily Pivots: (S1) 0.7853; (P) 0.7889; (R1) 0.7919; More…. Sideway trading continues in USD/CHF and intraday bias remains neutral. As noted before, rise from 0.7603 should be correcting whole decline from 0.9200. Above 0.7957 will target 38.2% retracement of 0.9200 to 0.7603 at 0.8213. This will remain the favored case as long as 0.7746 support

Daily Pivots: (S1) 158.23; (P) 158.71; (R1) 159.19; More… USD/JPY is staying in sideway trading and intraday bias remains neutral. In case of another dip, downside should be contained by 38.2% retracement of 152.25 to 159.88 at 156.96 to bring rebound. On the upside, break of 159.88 will target a test on 161.94 high. In

Silver prices are showing remarkable resilience, holding a firm floor above $70 despite Iran’s rejection of a 15-point proposal from the Trump administration. While momentum has stalled at the $74.50 resistance, the lack of a sell-off suggests “headline fatigue” has set in. Traders are now ignoring verbal rhetoric in favor of technical signals, specifically a

Key Highlights Gold started a recovery wave from the $4,100 zone. A major bearish trend line is forming with resistance at $4,850 on the 4-hour chart. WTI Crude Oil started a consolidation phase below the $95 and $98 resistance levels. Bitcoin could start a fresh increase if it settles above $72,500. Gold Price Technical Analysis