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 moreMay 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 moreMay 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 moreMay 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 moreMay 11, 2026 8:17 am
Key Moments AUD/USD trimmed early declines to trade just below 0.7240 in early European hours on Monday, recovering most opening losses. Support from the rising 20-day EMA at 0.7167 continues to underpin a constructive bullish structure, with RSI hovering around 62. Upside targets remain in focus at 0.7277, 0.7300, and potentially 0.7400 if the pair […]
Read moreMay 11, 2026 7:53 am
Key Moments USD/JPY trades around 157.15 in early European trading on Monday. The pair extends its upward move. Middle East tensions rise after U.S. President Donald Trump rejects Iran’s latest peace proposal. This supports safe-haven flows and lifts oil prices. Japanese officials signal that FX intervention remains possible. They also estimate recent operations at ¥4 […]
Read moreMay 11, 2026 7:26 am
Key Moments EUR/USD traded higher intraday after a gap-down open but continued to show overall daily losses near 1.1750 in Asian trading on Monday. Risk sentiment deteriorated after President Trump called Iran’s latest nuclear-related proposal “TOTALLY UNACCEPTABLE,” reinforcing support for the US Dollar. Despite current weakness, expectations for a hawkish European Central Bank stance, including […]
Read moreMay 11, 2026 7:11 am
Key Moments GBP/USD traded below 1.3600 despite a modest intraday rebound, as renewed demand for the US Dollar limited upside. Geopolitical tensions involving Iran and firmer expectations of a hawkish Federal Reserve underpinned USD strength. Technical signals stayed mixed, with GBP/USD holding above the 100-period EMA at 1.3538 while momentum indicators remained inconclusive. GBP/USD Struggles […]
Read moreMay 11, 2026 7:02 am
Key Moments Cardano (ADA) traded around $0.27 on Monday after gaining more than 13% in the prior week. ADA futures open interest climbed to $561.13 million from $450 million on May 4, signaling fresh capital entering derivatives markets. Price continues to hold above the 50-day EMA at $0.25 and the 23.6% Fibonacci retracement at $0.26, […]
Read moreMay 11, 2026 6:45 am
Key Moments AUD/JPY traded with modest gains near 113.60 in early European hours on Monday. The Reserve Bank of Australia lifted its OCR to 4.35% last week, its third straight hike this year. Japan’s reported FX interventions during Golden Week were estimated at around ¥4 trillion to ¥5 trillion. RBA Policy Outlook Supports AUD The […]
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