Forex

The Ministry of Finance (MoF) intervened on April 30 and May 1, 2026, after the USD/JPY pair breached the critical 160.00 level. The aggressive yen-buying action, estimated to be over $30 billion, triggered a sharp 2.2% rally in the yen, driving the pair down toward the 156.00 range. Historical precedent from the 2024 intervention suggests

EUR/USD started a fresh increase above 1.1700 and 1.1720. USD/CHF declined further and is now struggling below 0.7835. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro started a decent increase from 1.1650 against the US Dollar. There was a break above a bearish trend line with resistance at 1.1685 on the hourly chart

US Stock Markets are continuing their breakouts to ever-fresher highs, but short-term profit-taking seems to be ruining the party The Dow Jones could retake 50,000 in today’s session barring no weekend-safety trading Exploring Technical Levels for the Dow Jones, Nasdaq and S&P 500 US Stock Markets have been on a rampage after this week’s earnings,

EUR/USD rebounded after initial dip to 1.1653 last week, but stayed in range below 1.1848. Initial bias remains neutral this week first. Rise from 1.1408 is extended to continue as long as 1.1642 support holds. Firm break of 1.1848 will target 1.2081 high next. However, firm break of 1.1662 support will indicate the the rebound

Daily Pivots: (S1) 0.7773; (P) 0.7848; (R1) 0.7891; More…. Intraday bias in USD/CHF remains on the downside for 0.7774 and then 61.8% projection of 0.8041 to 0.7774 from 0.7923 at 0.7758. Firm break there will target 100% projection at 0.7656. On the upside, above 0.7829 minor resistance will turn intraday bias neutral first. But risk

Daily Pivots: (S1) 215.64; (P) 215.97; (R1) 216.52; More… GBP/JPY’s steep decline and strong break of 55 D EMA today suggests that a medium term top was already formed at 216.58, on bearish divergence condition in D MACD. While deeper fall cannot be ruled out, strong support should emerge from 209.58 to bring rebound, at

Welcome to today’s Market Blast, and today we will take a look at Forex Trading on AUD/CHF, AUD/NZD, Gold, XAU/USD, WTI, Brent Crude Oil, the NASDAQ, and the Dow Jones Industrial Average. We are seeing a risk-on mood in US equities based on excellent corporate earnings and high growth. The next key level for the

Key Highlights GBP/USD corrected gains and tested the 1.3450 support. A declining channel is forming with resistance at 1.3560 on the 4-hour chart. Gold prices are moving lower below the $4,650 support. The US GDP could grow by 2.3% in Q1 2026 (Preliminary). GBP/USD Technical Analysis The British Pound started a downside correction from 1.3600

Daily Pivots: (S1) 159.79; (P) 160.14; (R1) 160.79; More… USD/JPY’s break of 160.45 resistance confirms resumption of rally from 152.25. Intraday bias is on the upside for retesting 161.94 high. Decisive break there will target 61.8% projection of 139.87 to 159.44 from 152.25 at 164.34 next. On the downside, below 159.83 minor support will turn

Daily Pivots: (S1) 1.1650; (P) 1.1687; (R1) 1.1713; More…. Intraday bias in EUR/USD stays neutral for the moment. On the upside, sustained trading above 61.8% retracement of 1.2081 to 1.1408 at 1.1824 will pave the way to retest 1.2081 high. However, firm break of 1.1642 support will indicate the the rebound from 1.1408 has completed,

Confirming our report at the time of its IPO back in February, Retail FX and CFDs broker iFOREX Financial Trading Holdings Ltd (LON:IFRX) has released its 2025 results, showing fairly flat growth in the year, while non-recurring IPO costs led to a net loss for the company. iFOREX 2025 results In its IPO prospectus iFOREX

Created on April 30, 2026 The 1.17000 realm in the EUR/USD is a battlefield as of this writing. The EUR/USD which began the month of April near the 1.15620 vicinity went higher as financial institutions digested some of the concerns they had about the Iranian war, yet clarity near-term remains nervous. A high of around

Key takeaways Verbal intervention triggered a sharp reversal: USD/JPY hit 160.73 before a “final warning” from Japan’s FX official sparked a 0.9% drop, with the yen posting its strongest daily gain since mid-March. Key technical levels in focus: Immediate supports lie at 159.05, 158.60 (50-day MA), and 157.50, while resistance remains at 160.45, 160.74, and

Yen is stealing the spotlight in an otherwise crowded macro day—and it did not take actual intervention to do it. After pushing through the 160 level earlier this week and hitting 160.71, USD/JPY has staged a dramatic reversal, plunging back toward 155 in a move that has caught traders off guard. The speed and scale

Swiss-based Dukascopy Bank grew total operating income by around 12% in 2025 to CHF 20.8 million, up from CHF 18.5 million a year earlier. Net profit jumped to CHF 1.2 million from CHF 0.2 million as stronger trading and lower costs offset weaker commissions. Singapore Summit: Meet the largest APAC brokers you know (and those

Daily Pivots: (S1) 186.82; (P) 187.15; (R1) 187.64; More… EUR/JPY’s steep decline and strong break of 55 D EMA suggests medium term topping at 187.93, on bearish divergence condition in D MACD. Deeper fall could be seen to 180.78. But strong support should emerge there to bring rebound, at least on first attempt. However, decisive

Created on April 29, 2026 My previous AUD/USD signal on 23rd April was not triggered as the low of the day took place below the support level I had identified at $0.7131. Today’s AUD/USD Signals Short Trade Ideas Go short following a bearish price action reversal on the H1 time frame immediately upon the next

Created on April 29, 2026 Yesterday’s low in the USD/SGD touched the 1.27415 vicinity early in the day, which was above the lowest depth seen on Monday when the 1.27245 ratio was flirted with briefly. After yesterday’s higher low the USD/SGD mounted a climb towards the 1.27855 vicinity before seeing some lower price action. This