Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Crypto Market Pauses as Middle East Risks Hurt Sentiment

May 11, 2026 2:07 pm
Key Moments Bitcoin (BTC) eased below $81,000 after earlier reaching $82,380, as renewed geopolitical tensions in the Middle East weighed on sentiment. Ethereum (ETH) and XRP traded around $2,236 and $1.44 respectively, mirroring Bitcoin’s softer tone and facing key moving average resistance. Crypto spot ETFs saw mixed flows last week, with strong Bitcoin inflows offset […] Read more

Sterling Holds Firm as GBP/USD Defends 200-Day SMA

May 11, 2026 1:49 pm
Key Moments GBP/USD trades near 1.3614 after rebounding from an intraday low around 1.3553, though it remains down about 0.14% on the day. The US Dollar Index hovers near 98.00 after touching an intraday high close to 98.15, with downside moves limited by ongoing geopolitical tensions. GBP/USD maintains a mildly bullish technical profile while holding […] Read more

Norwegian Krone Gains After Surprise Norges Bank Hike

May 11, 2026 1:36 pm
Key Moments The Norwegian Krone has strengthened against the Dollar alongside other risk-sensitive currencies, supported by improved market sentiment and domestic policy. Norges Bank unexpectedly raised its policy rate by 25bp to 4.25% on 7 May, its first rate hike since 2023. HSBC’s economists do not anticipate a prolonged hiking cycle, as Norges Bank signaled […] Read more

Filecoin Faces Rebound Risk Amid Broader Downtrend

May 11, 2026 12:37 pm
Key Moments FILE declined 4.8% to $1.13 and is trading 9.6% below its 200-day moving average at $1.25. Top traders hold a 2.28:1 long ratio with open interest at $63.9 million after a 6.9% daily increase. CoinCodex projects FILE at $0.9211 by year-end, while Blockchain.news sees a likely retest of $1.25 before renewed weakness. Macro […] Read more

EUR/USD Stuck in Range as Policy Bets Offset Risks

May 11, 2026 12:23 pm
Key Moments Prolonged US-Iran tensions and political rhetoric have kept EUR/USD trading in a confined range. Markets are heavily pricing multiple ECB rate hikes by year-end, limiting further euro upside from policy expectations. EUR/USD is oscillating between support near 1.1650 and resistance around 1.18, with traders awaiting key US data releases. US Dollar Steadies as […] Read more

Kiwi Steadies as China Data Lifts Sentiment, Oil Caps Gains

May 11, 2026 9:16 am
Key Moments NZD/USD traded above the 0.5930 area on Monday, holding within last week’s range but below Friday’s peak. China’s April CPI rose 1.2% year-on-year and PPI reached 2.8%, both exceeding market expectations. Oil prices rebounded above $100 per barrel after geopolitical headlines, reinforcing pressure on New Zealand’s oil-importing economy. New Zealand Dollar Holds Range […] Read more

USD/CHF Rebounds Slightly as Downside Risks Persist

May 11, 2026 9:07 am
Key Moments USD/CHF recovered from Friday’s low near 0.7760 but stayed capped below the 0.7800 level in early European trade. Geopolitical tensions and renewed inflation concerns supported the US Dollar, yet the pair remained below its 200-day SMA at 0.7926. Technical indicators, including an RSI around 42 and a negative MACD, continued to point to […] Read more

USD/CAD Near 1.3700 as Oil Strength Lifts Loonie

May 11, 2026 8:52 am
Key Moments USD/CAD trades around 1.3675, capped below resistance at the 100-day EMA near 1.3738. Stronger-than-expected April US Nonfarm Payrolls and steady 4.3% unemployment offer support to the US Dollar. Rising crude oil prices and renewed Middle East tensions lend underlying support to the Canadian Dollar. USD/CAD Holds Range as Labor Data and Oil Prices […] Read more

Sterling Gains vs Yen as Policy Support Offsets Risks

May 11, 2026 8:41 am
Key Moments GBP/JPY climbs from its 100-day Simple Moving Average and closes a modest weekly bearish gap, but remains just below the mid-213.00s. The British Pound is supported by reduced political uncertainty and the Bank of England’s indication that further rate hikes may be warranted if inflation stays elevated. Lingering fears of additional Japanese FX […] Read more

EUR/GBP Bulls Struggle as Key 0.8655 Barrier Caps Upside

May 11, 2026 8:26 am
Key Moments EUR/GBP traded near 0.8650 after being rejected at the former support level around 0.8655. Political uncertainty around UK Prime Minister Keir Starmer and local election results has limited, but not derailed, GBP strength. Rising Brent crude prices above $100 have weighed on the Euro, pressuring Eurozone oil importers. EUR/GBP Pulls Back After Test […] Read more