Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

EUR/USD Downtrend Deepens Below Key Averages

April 30, 2026 6:06 am
Key Moments EUR/USD trades around 1.1660 and has fallen for three consecutive sessions after slipping below an ascending channel. The pair remains capped beneath the 50-day EMA at 1.1678 and the nine-day EMA at 1.1700, with the 14-day RSI near 48 signaling fading bullish momentum. On the downside, price action may revisit the eight-month low […] Read more

GBP Holds Near 1.35 as BoE and US CPI Data Loom

April 30, 2026 5:58 am
Key Moments: GBP/USD trades around 1.3475-1.3480, little changed on the day and holding above its 100-day Simple Moving Average. Markets price in a higher probability of two Bank of England rate hikes in 2026, providing support for the British Pound. The US Federal Reserve’s recent hawkish stance and ongoing US-Iran tensions continue to underpin the […] Read more

GBP/MXN holds ahead of BoE monetary policy call

April 29, 2026 2:09 pm
The GBP/MXN currency pair held mostly steady on Wednesday ahead of the outcome of the Bank of England’s policy meeting. The BoE is expected to leave its benchmark interest rate intact at 3.75% at its April 30th meeting. In March, the BoE highlighted global energy price risks from the Middle East conflict and stressed readiness […] Read more

EUR/GBP Steadies at Support Before ECB and BoE Calls

April 29, 2026 1:01 pm
Key Moments EUR/GBP has stabilized around the 0.8650-0.8655 support zone while facing resistance just below 0.8680. Both the ECB and BoE are expected to keep rates unchanged on Thursday, with the ECB seen signaling possible hikes later and the BoE favoring policy stability. Technical signals point to a potential double bottom near 0.8650, with bullish […] Read more

EUR/MXN stuck in tight range ahead of ECB policy move

April 29, 2026 10:17 am
The EUR/MXN currency pair was mostly steady within a tight daily range on Wednesday ahead of the outcome of the European Central Bank’s policy meeting. The ECB is largely expected to keep its main refinancing operations rate intact at 2.15% at its April 30th meeting. And, the ECB deposit facility rate is expected to be […] Read more

EUR/USD confined in tight range, eyes on ECB and Fed

April 29, 2026 8:38 am
The EUR/USD currency pair held within a tight daily range on Wednesday ahead of the outcome of the European Central Bank’s and the Federal Reserve’s policy meetings. The European Central Bank is largely expected to keep its main refinancing operations rate intact at 2.15% at its April 30th meeting. And, the ECB deposit facility rate […] Read more

Euro-Dollar Holds as Traders Await Fed and ECB Signals

April 29, 2026 6:57 am
Key Moments EUR/USD holds near 1.1700 in a tight range ahead of key Federal Reserve and European Central Bank policy decisions. Both central banks are expected to keep interest rates unchanged while highlighting ongoing upside inflation risks. Germany’s preliminary April HICP is forecast at 3% YoY, up from 2.7% in March, with the release due […] Read more

EUR/CAD rebounds from 1-month low, focus sets on ECB and BoC

April 29, 2026 6:55 am
The EUR/CAD currency pair bounced off a 1-month low of 1.5939 on Wednesday ahead of the outcome of the European Central Bank’s and the Bank of Canada’s policy meetings. The European Central Bank is largely expected to keep its main refinancing operations rate intact at 2.15% at its April 30th meeting. And, the ECB deposit […] Read more

Euro-Yen Pullback Deepens as Safe-Haven Flows Favor JPY

April 29, 2026 6:54 am
Key Moments EUR/JPY trades near 186.80 in Asian hours after ending a three-day winning streak. Uncertainty around a Middle East ceasefire and Iran blockade pressures the Euro. The Japanese Yen stays supported by BoJ tightening bets and intervention risks. EUR/JPY Stays Under Pressure Below 187.00 EUR/JPY trades slightly lower on Wednesday, hovering near 186.80 in […] Read more

CAD Holds Firm Ahead of BoC, Fed Policy Decisions

April 29, 2026 6:38 am
Key Moments USD/CAD trades below 1.3700 during the Asian session, fluctuating between small gains and losses. Geopolitical tension surrounding US-Iran relations supports the safe-haven USD, while elevated Crude Oil prices bolster the Canadian Dollar. Investors await the Bank of Canada interest rate decision and the conclusion of the FOMC meeting for policy guidance. USD/CAD Steadies […] Read more