April 16, 2026 12:48 pm
Key Moments Hourly Bitcoin deposits to exchanges surged to 11,000 BTC as the price briefly reached $76,052 on Coinbase. Average deposit size rose to 2.25 BTC, the highest level since July 2024, echoing patterns seen before a prior sharp drawdown. On-chain data highlights $76,800 as a key resistance level and $67,600 as near-term support, shaping […]
Read moreApril 16, 2026 12:06 pm
Key Moments EUR/CHF traded near 0.9230, recovering from an intraday low of 0.9198 after updated Eurozone inflation figures. Revised Eurozone HICP rose 1.3% MoM and 2.6% YoY in March, with core inflation at 2.3% YoY. SNB minutes highlighted a more uncertain Swiss growth outlook and a temporary inflation pickup driven by energy prices. EUR/CHF Holds […]
Read moreApril 16, 2026 10:03 am
Key Moments The Norwegian Krone strengthened on risk-on sentiment, pulling EUR/NOK back to just above 11.00. EUR/SEK initially resisted positive risk sentiment before later moving below 10.80 during the US and Asian sessions. EUR/DKK briefly hit 7.4732, reviving focus on the upper end of the Danish krone’s peg to the euro. Risk-On Environment Supports NOK, […]
Read moreApril 16, 2026 9:48 am
Key Moments AUD/JPY climbed to a record high of 114.20 and was last trading near 114.10 during European hours on Thursday. The 14-day Relative Strength Index is sitting just above 70.00, pointing to overbought conditions alongside strong upside momentum. Key technical support is identified at the nine-day EMA at 112.76, with deeper levels at the […]
Read moreApril 16, 2026 8:54 am
Key Moments EUR/USD has already reversed all of its losses from March, reaching the 1.18 area. Market expectations for an April European Central Bank rate hike have faded, while a June hike remains fully priced. ING warns against pursuing additional gains at current levels and highlights potential for a move back toward 1.1700 on negative […]
Read moreApril 16, 2026 7:55 am
Key Moments USD/JPY dipped to around 158.25 during the Asian session before rebounding toward 158.70, down over 0.15% on the day. Comments from Japan’s Finance Minister on foreign-exchange discussions and softer Federal Reserve expectations pressured the US Dollar against the Yen. The 200-period EMA on the 4-hour chart and the 158.25 area remain critical support […]
Read moreApril 16, 2026 7:41 am
Key Moments EUR/CAD trades around 1.6200 for a second straight day during Asian hours on Thursday as the cross remains under pressure. Improved risk appetite from signs of Middle East de-escalation supports the Canadian Dollar even as softer oil prices pose a potential headwind. ECB policymakers are seen keeping rates unchanged in April, while markets […]
Read moreApril 16, 2026 7:23 am
Key Moments The Brazilian real has gained nearly 11% against the US dollar in 2026. It is supported by high carry and strong commodities. The Hungarian forint has risen 6.32% year-to-date. In fact, about 8% of that gain came in the last two weeks after Hungary’s election. Markets expect rate hikes across major central banks […]
Read moreApril 16, 2026 6:59 am
Key Moments EUR/JPY trades with modest losses near 187.50 in early European dealings on Thursday. Despite the pullback, the cross remains above the 100-day EMA, preserving a constructive technical outlook. Key resistance is located at 187.95, while initial support aligns with 186.20. Spot Market Overview EUR/JPY is edging lower around 187.50 in early European trading […]
Read moreApril 16, 2026 6:44 am
Key Moments Bitcoin (BTC) and Ethereum (ETH) trade above $74,000 and $2,350, respectively, while Ripple (XRP) holds at $1.40 at press time on Thursday. The crypto Fear and Greed Index stands at 55 on Thursday, with leverage data showing $217 million in liquidations over the past 24 hours, dominated by $142 million in short positions. […]
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