ForexNewsPlus Updates

GBP/USD Range-Bound Under Pressure

During Monday’s Asian session, GBP/USD encountered dip buyers at 1.3175 — a specific level that has consistently acted as the pair’s intraday floor on several occasions, holding enough technical importance to draw systematic buying whenever it is reached. The pair rebounded above 1.3200 within hours, briefly touching 1.3230-1.3250 as the headlines regarding the Iran ceasefire … Read more

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EUR/USD Under Pressure as Safe-Haven Dollar Gains Strength

On Good Friday, April 3, 2026, the EUR/USD exchange rate hovers around $1.1540, exhibiting consolidation within a remarkably tight range of $1.1530 to $1.1550. This movement occurs during one of the year’s most subdued and illiquid foreign exchange sessions. The majority of significant equity markets are currently not operational. The bond markets will close at … Read more

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USD/CAD Soars to New YTD Highs Amid Weak US Dollar

USD/CAD is currently stabilizing above 1.3920 following its inability to surpass the 2026 peak of 1.3978. The US Dollar experienced a decline following reports that Trump may be contemplating a resolution to the conflict in Iran. Fed Powell downplayed the prospect of immediate rate hikes, resulting in a decline in US Treasury yields. The US … Read more

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USD/JPY Tests 160 as Momentum Weakens

The USD/JPY has experienced a rally exceeding 5% since the February low, reaching new yearly highs before encountering resistance just beneath the 160 mark. The current price is situated within the range established last week, and the observed momentum divergence indicates that the upward movement may be weakening—watch for a breakout to provide direction. Next … Read more

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EUR/USD Holds Steady Amid Oil and Rate Uncertainty

EUR/USD is currently positioned at $1.1584 on Monday, March 23, 2026 — a figure that may seem stable at first glance, yet beneath this surface tranquility lies one of the most intricate technical and fundamental configurations the world’s most liquid currency pair has exhibited in years. The pair commenced the session with a downward gap, … Read more

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USD/CAD Steady as Oil Backs Loonie

USD/CAD experiences slight declines, hovering near 1.3730 during the early European session on Thursday. The pair exhibits a slightly positive outlook in the short term as RSI momentum remains above the midpoint. The upside barrier is identified at 1.3750, while the initial support level to monitor stands at 1.3680. The USD/CAD pair is currently trading … Read more

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GBP/USD Stuck as Strong Dollar Caps Upside

GBP/USD is currently at 1.3310 on Tuesday, influenced by two opposing forces: a pound that is showing modest recovery and has performed relatively well compared to other G10 currencies amid the Iran conflict, and a US Dollar that remains resilient as geopolitical risk premiums, safe-haven demand, and a hawkish Federal Reserve scenario continue to support … Read more

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EUR/USD Breakdown as Dollar Surges on Energy Crisis

EUR/USD has decreased by about 630 pips from its year-to-date peak of 1.2080 reached in January to the present range of 1.1460 to 1.1495 — representing a decline of approximately 5.2% over the course of a few weeks. That does not represent a gradual repricing. This represents a significant directional breakdown, intensified by one of … Read more

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EUR/USD Dips to 1.1645 as Iran Conflict Shakes Markets

EUR/USD is currently at 1.1645 on Tuesday, March 10, 2026, marking a third consecutive session of gains following a significant rebound from Monday’s near four-month low of 1.1507. The 138-pip recovery from Monday’s floor to Tuesday’s current level represents a significant technical adjustment — it reflects a substantial repricing of the dollar’s safe-haven premium as … Read more

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AUD/USD Edges Higher as Oil Surge Fuels Inflation Concerns

The AUD/USD exchange rate experienced a modest increase to 0.7030 on Monday, as market participants monitored the continuing conflict in Iran, rising crude oil prices, and the forthcoming consumer inflation report. The asset has surged from this month’s low of 0.6945. The AUD/USD exchange rate remained stable as market participants responded to the continuing conflict … Read more