On Wednesday, May 13, 2026, the USD/JPY is trading at 157.87, having extended a three-session bullish streak that has resulted in an approximate 0.8% gain in the short term, propelling the price toward a four-day high near 157.80. The intraday tape has recorded a 0.12% gain for the session, while related FX correlations indicate EUR/USD … Read more
The USD/CAD pair experiences an upward movement as escalating tensions in the Middle East enhance the appeal of the US Dollar as a safe haven. President Trump is expressing growing frustration over the deadlock in peace negotiations, indicating a possible change in the approach to regional conflict. Increasing oil prices strengthen the CAD while simultaneously … Read more
GBP/USD is currently trading at $1.3520 on Tuesday afternoon following a significant 0.55% decline that pushed the currency pair below the $1.3600 psychological level, putting it to the test of the medium-term ascending trendline that has supported the recovery since mid-March. The session commenced with a slight defensive posture and intensified its decline during the … Read more
EUR/USD is currently trading at 1.1745 on Tuesday morning, following a continuation of losses for the second straight session. This movement is pushing the pair into the lower range of the multi-week consolidation that has characterized price action since the spring rally lost momentum. The euro is currently positioned approximately 0.42% lower against the U.S. … Read more
The USD/JPY pair is currently trading at ¥157.60 on Tuesday, following a second consecutive session of gains. This movement has propelled the dollar closer to the ¥158 psychological threshold, which has been a significant marker in the recent recovery cycle. The session commenced at ¥157.14 and surged during the European hours, reaching a high close … Read more
The AUD/USD pair experienced a decline as the US Dollar gained strength in response to increasing market risk aversion. In April, China’s Consumer Price Index experienced a year-over-year increase of 1.2%, surpassing the 1.0% rise recorded in March and exceeding the anticipated 0.8% forecast. In April, US Nonfarm Payrolls increased by 115K, surpassing expectations even … Read more
The GBP/USD currency pair remains within a range, marked by its consistent inability to surpass the $1.3637 level in recent days. This currency pair typically shifts rapidly into new price levels with minimal genuine retracements, leading to potential discouragement among traders during consolidation periods. This ranging pattern may soon shift, as bullish pressure is indicated … Read more
The single currency concluded Monday morning constrained by the same psychological barrier that has turned it away for two consecutive weeks, with EUR/USD trading around 1.1770 following yet another unsuccessful attempt to breach the 1.1800 level. President Trump’s outright dismissal of Iran’s updated peace framework redirected flows back into the dollar and rekindled the energy-driven … Read more
The Japanese currency experienced a notable decline against the dollar during Monday’s session, with USD/JPY trading at 157.26 — reflecting a 0.10% increase for the day. The pair managed to regain the 157.00 psychological level after previously dipping to the 156.50-156.45 range in early Asian trading. This movement was influenced by a broader risk premium … Read more
AUD/USD could approach 0.7277, marking its peak since June 2022. The 14-day Relative Strength Index at approximately 61 indicates ongoing positive momentum. Initial support is positioned around the nine-day EMA at 0.7195. AUD/USD has reversed some of its recent declines from the prior day, currently trading near 0.7220 in the Asian session on Friday. The … Read more
