Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Euro Under Pressure as EUR/GBP Faces Resistance

May 4, 2026 8:32 am
Key Moments EUR/GBP recovery from 0.8620 has stalled beneath the 0.8640 resistance zone, leaving the 0.8611 year-to-date low exposed. The British Pound is outperforming the Euro amid subdued risk appetite and heightened attention on developments in the Strait of Hormuz. Technical signals on the 4-hour chart remain bearish, with support targets at 0.8611 and 0.8596 […] Read more

USD/JPY Rebounds After Drop on Intervention Talk

May 4, 2026 7:52 am
Key Moments USD/JPY recovers to the 156.80 area after plunging about 150 pips to session lows near 155.70 during Asian trading. Market moves across Yen pairs and the absence of clear fundamentals suggest potential Japanese authorities’ intervention. Traders watch upcoming U.S. data, including Factory Orders and Nonfarm Payrolls, while Japan’s calendar is quiet amid Golden […] Read more

EUR/JPY Steady at 184 as Downside Risks Build

May 4, 2026 7:43 am
Key Moments EUR/JPY traded around 183.90 during Asian hours on Monday after trimming earlier losses. Bearish momentum persisted, with the 14-day RSI at 38.75 and spot remaining below the 50-day and nine-day EMAs. Key downside levels were identified at 181.87 and 180.81, while resistance sat around the 50-day EMA at 184.98 and nine-day EMA at […] Read more

Euro Holds Above 1.1700 as Bulls Defend Key Technical Level

May 4, 2026 7:18 am
Key Moments EUR/USD stays above the 1.1700 handle after intraday selling erases much of an early-week bullish gap. The pair trades over the 200-period SMA on the 4-hour chart, with RSI near 53 and MACD slightly positive, signaling a still-constructive bias. Critical resistance is seen at 1.1750 and 1.1847, while key support levels are clustered […] Read more

USD/CHF Falls Near 0.7800 on Dollar Weakness

May 4, 2026 7:05 am
Key Moments USD/CHF trades around 0.7810 in Asian dealings on Monday after slipping from prior-session gains as safe-haven demand for the US Dollar eases. Swiss real retail sales rose 0.5% YoY in March, undershooting expectations for a 1% increase, with only a 0.1% seasonally adjusted monthly gain. Market participants monitor US–Iran developments, including a proposed […] Read more

AUD/SEK holds near 14-month high ahead of RBA policy call

May 4, 2026 7:00 am
The AUD/SEK currency pair held in proximity to a 14-month high of 6.6585 on Monday ahead of the outcome of the Reserve Bank of Australia’s policy meeting. The Reserve Bank of Australia is expected to raise its cash rate by 25 basis points to 4.35% at its May 5th meeting. It would be the RBA’s […] Read more

AUD/JPY Dips Below 113 as Yen Rises on Risk Aversion

May 4, 2026 6:53 am
Key Moments AUD/JPY trades near 112.95 in early European dealings on Monday, softening below 113.00. Safe-haven flows into the Japanese Yen increase amid Middle East tensions and the closure of the Strait of Hormuz. The broader bullish structure remains intact above the 100-day EMA, with key support at 112.00 and resistance at 113.40. Market Overview […] Read more

Dogecoin Outperforms as SHIB, PEPE Eye Breakouts

May 4, 2026 6:43 am
Key Moments Dogecoin (DOGE) traded above $0.113 on Monday after a gain of over 9% in the prior week and a close above its 100-day EMA at $0.104. Shiba Inu (SHIB) held support at its 50-day EMA near $0.0000061 and moved toward the upper boundary of its consolidation zone at $0.0000064. Pepe (PEPE) hovered just […] Read more

AUD/USD Holds Near Highs Ahead of RBA Decision

May 4, 2026 6:40 am
Key Moments AUD/USD is consolidating above 0.7200, close to its strongest level since June 2022, after recent strong gains. Expectations of a hawkish Reserve Bank of Australia support the Australian Dollar, while US-Iran tensions lend strength to the US Dollar and limit further upside. Technical indicators, including RSI near 62 and a positive MACD histogram, […] Read more

Kiwi Edges Higher on Mideast Risks, Jobs Data

May 4, 2026 6:13 am
Key Moments NZD/USD trades back above 0.5900, with buyers eyeing a break of the 0.5920-0.5925 resistance area. Heightened US-Iran tensions and firmer Federal Reserve rate expectations lend support to the US Dollar. Upcoming New Zealand labor data and the US Nonfarm Payrolls report are expected to guide the pair’s next big move. NZD/USD Holds Firm […] Read more