Key Highlights GBP/USD was rejected near the 1.3650 resistance. It traded below a bullish trend line with support at 1.3580 on the 4-hour chart. EUR/USD could struggle to stay above 1.1650 if it remains below 1.1750. USD/JPY is showing signs of more upside above the 158.00 resistance. GBP/USD Technical Analysis The British Pound failed to

No strategy works every time, but some are more beginner-friendly than others. These three are the forex trading strategies worth starting with. Trend Following The idea is to trade in the direction the market is already moving. If a currency pair is making higher highs and higher lows on a daily or 4-hour chart, the

US producer prices surged far more than expected in April, reinforcing concerns that inflation pressures are broadening across the economy and strengthening the case for the Federal Reserve to keep policy restrictive for longer. Headline PPI rose 1.4% mom, accelerating from 0.7% mom previously and well above expectations of 0.5% mom. The increase marked the

2026.05.13 2026.05.13 Silver Surges as India Hikes Import Duty. Forecast as of 13.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The persistent shortage in the physical silver market and its role as a hedge against macroeconomic risks outweigh the downside factors. Even the latest inflation report has failed to derail the XAG/USD rally. Let’s discuss this in more detail and

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Gold holds in red for the second consecutive day, pressured by stronger dollar on growing uncertainty in the Middle East and sidelined expectations for potential Fed rate cuts, as inflation in the US rose further (both consumer and producer price index rose significantly in April). Fundamentals, however, show mixed signals as Fed is likely to

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Daily Pivots: (S1) 1.6169; (P) 1.6231; (R1) 1.6262; More… EUR/AUD’s fall from 1.6842 resumed after brief consolidations and intraday bias is back on the downside. Decisive break of 1.6125 will resume larger fall from 1.8554. Next target is 1.5913 fibonacci level. Nevertheless, break of 1.6293 resistance will indicate short term bottoming, and turn bias back

Tim Cunningham Joins Snapper Creek as Head of FX, Bringing Decades of Institutional Foreign Exchange Expertise New Desk Extends Snapper Creek’s Reach into Global Currency Markets, Serving the Same Institutional Client Base Across Energy and Financial Markets MIAMI, May 13, 2026–(BUSINESS WIRE)–Snapper Creek Energy (“Snapper Creek” or “SCE”), an innovative data-driven commodity brokerage specializing in

USD/JPY rose to 157.65 on Wednesday, marking a third consecutive day of gains. The yen came under pressure following stronger-than-expected US inflation data, reinforcing expectations that the Federal Reserve will maintain its hawkish stance. Market focus remains on the Bank of Japan. Following its April meeting, some policymakers signalled the possibility of a further rate

EUR/USD declined from 1.1800 and traded below 1.1750. USD/JPY is rising and might gain pace above 158.00 and 158.80. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline after a decent move to 1.1800. There was a break below a key bullish trend line with support at 1.1765 on the

Forex traders said market participants are expecting some resilience in the dollar-rupee pair as gold importers curb their demand. | Photo Credit: Reuters The rupee rebounded by 16 paise from its all-time low to 95.52 against the American currency in early trade on Wednesday (May 13, 2026) amid hopes of lower demand for the U.S.

Key Highlights WTI Crude Oil started a fresh increase above $98.00 and $100.00. It cleared a key bearish trend line with resistance at $99.20 on the 4-hour chart of XTI/USD. Gold is struggling to settle above the $4,760 and $4,780 resistance levels. EUR/USD failed to gain pace for a move above 1.1800. WTI Crude Oil

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Daily Pivots: (S1) 0.7759; (P) 0.7776; (R1) 0.7791; More…. USD/CHF’s rec continues today but stays below 0.7847 resistance. Intraday bias remains neutral and further decline is expected. On the downside, decisive break of 0.7760 will resume the whole decline form 0.8041, and target 100% projection of 0.8041 to 0.7774 from 0.7923 at 0.7656. However, firm

Daily Pivots: (S1) 156.63; (P) 156.94; (R1) 157.46; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the downside, below 156.41 minor support will bring retest of 155.01. Firm break there will resume the fall from 160.71 to 152.25 support next. On the upside, however, firm break of 157.92 will indicate that

Three leading global Retail FX and CFDs brokers – Pepperstone, Capital.com, and Trade Nation – have announced that they have launched the Bahamas Institute of Forex and CFD Issuers, or BIFCI. BIFCI is described as a not-for-profit industry association representing licensed Forex and CFD firms operating in The Bahamas. Founded by Pepperstone, Capital.com, and Trade

2026.05.12 2026.05.12 Pound Weakens Amid Political Uncertainty. Forecast as of 12.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Keir Starmer’s position has been under threat for quite some time, but the Labour Party’s defeat in the local elections has only intensified speculation about a possible replacement of the prime minister. Rising political risks are weighing on the GBP/USD pair. Let’s

The US Dollar saw a sharp correction after the fragile ceasefire began, but that downward trend has now completely stopped. With the peace narrative having stalled, it is clear that the FX market is taking a more realistic view of the US-Iran diplomatic talks than stock markets, which remain optimistic despite little real progress. Foreign