USD/JPY Aims Higher: Technical Outlook Suggests Potential for Further Gains
Looking at the 4-hour chart, the pair started a fresh increase above the 143.50 and 144.00 levels. The pair settled above the 100 simple moving average (red, 4-hour) and recently surpassed the 200 simple moving average (green, 4-hour).
Source: actionforex.com
Published (UTC): 2025-05-09 05:01:07
USD/INR surges due to risk aversion triggered by escalating India-Pakistan tensions
The Indian Rupee (INR) loses ground against the US Dollar (USD), extending its losses for the fourth successive session on Friday. The USD/INR pair opened with a gap up following approximately 1% gain in the previous day.
Source: fxstreet.com
Published (UTC): 2025-05-09 04:57:07
EURUSD Wave Analysis
EURUSD currency pair recently broke the support area between the support level 1.1300 (which has been reversing the pair from the start of April), support trendline of the daily up channel from March and the 38.2% Fibonacci correction of the upward impulse from March.
Source: actionforex.com
Published (UTC): 2025-05-09 04:48:12
USD/CAD climbs to multi-week top, closer to mid-1.3900s amid sustained USD buying
The USD/CAD pair is seen building on this week's recovery from the year-to-date low, around mid-1.3700s, and gaining positive traction for the third successive day on Friday. The momentum lifts spot prices close to the 1.3940-1.3945 region, or over a three-week high during the Asian session, and is sponsored by a modest US Dollar (USD) strength.
Source: fxstreet.com
Published (UTC): 2025-05-09 04:41:52
Gold price weakens further below $3,300 mark amid easing trade tensions
Gold price (XAU/USD) attracts some follow-through sellers for the third successive day on Friday and weakens further below the $3,300 mark during the Asian session. The US-UK trade deal raised hopes for more such deals with other countries and added to the latest optimism led by the announcement of US-China tariff negotiations.
Source: fxstreet.com
Published (UTC): 2025-05-09 04:21:27
AUD/USD moves below 0.6400 ahead of China's trade balance data
The AUD/USD pair continues its losing streak for the third consecutive session, trading near 0.6390 during Friday's Asian session. The Australian Dollar (AUD) remains under pressure due to stalled progress in US-China trade negotiations.
Source: fxstreet.com
Published (UTC): 2025-05-09 03:15:47
PBOC sets USD/CNY reference rate at 7.2095 vs. 7.2073 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.2095 as compared to the previous day's fix of 7.2073 and 7.2581 Reuters estimate.
Source: fxstreet.com
Published (UTC): 2025-05-09 03:15:26
USD/JPY, USD/CHF: Risk Rally Crushes Safe Haven Appeal
With safe havens dumped and the dollar roaring back, the stage is set for more upside in USD/JPY and USD/CHF—especially if U.S.–China trade talks deliver.
Source: forex.com
Published (UTC): 2025-05-09 01:51:00
EUR/USD fumbles again as trade deal hopes bolster Greenback bids
EUR/USD trimmed into the low end on Thursday, shedding a little over two-thirds of one percent from the day's opening bids after US Dollar (USD) bids caught a broad-market boost following the tentative announcement of a pending trade deal between the United States (US) and the United Kingdom (UK). Europe still appears to be on the outs with the Trump administration, with White House officials continuing to warn the pan-EU continent to “not retaliate” against US import taxes.
Source: fxstreet.com
Published (UTC): 2025-05-09 01:33:23
GBP/USD eases post-BoE rate cut as Greenback flows rise
GBP/USD kicked off Thursday with an early spat of gains, fueled by the Bank of England (BoE) delivering the market a widely-anticipated quarter point rate cut. However, bullish momentum behind the Pound Sterling evaporated quickly as markets pivoted toward trade headlines from the United States (US).
Source: fxstreet.com
Published (UTC): 2025-05-09 00:36:03
Silver Price Forecast: XAG/USD steady above $32 as risk sentiment improves on US-China talks
Siver price held firm on Thursday as risk appetite improved on news of a US-UK trade deal, along with hopes that Sino-US tensions could be lowered, as delegations of both countries would meet in Switzerland this weekend. At the time of writing, XAG/USD trades at $32.44, down 0.15%.
Source: fxstreet.com
Published (UTC): 2025-05-09 00:04:43
AUD/NZD Price Analysis: Aussie extends gains near 1.0800 as bullish momentum builds
The AUD/NZD pair climbed higher on Thursday, trading near the 1.0800 area after the European session, reflecting a steady bullish tone as the market approaches the Asian session. The pair remains close to the top of its daily range, suggesting that buyers maintain control despite some mixed signals from longer-term averages.
Source: fxstreet.com
Published (UTC): 2025-05-09 00:00:00
USD/JPY surges on Fed hold and US-UK trade optimism
The USD/JPY pair surged higher as the US Dollar (USD) strengthened following the Federal Reserve's decision to leave interest rates unchanged, coupled with renewed optimism over US-UK trade ties. US President Donald Trump highlighted what he described as a "major breakthrough" in trade relations with the United Kingdom, boosting market sentiment.
Source: fxstreet.com
Published (UTC): 2025-05-08 23:30:00
EUR/JPY Price Analysis: Euro climbs toward 164.00 as bullish momentum builds
The EUR/JPY pair pushed higher on Thursday, trading near the 164.00 zone after the European session, reflecting a strong bullish tone as the pair approaches the Asian session. Price action remained near the top of the day's range, suggesting that buyers maintain control despite some mixed short-term signals.
Source: fxstreet.com
Published (UTC): 2025-05-08 23:00:00
Gold Price Weakness Keeps RSI Out of Overbought Territory
The price of gold pulls back ahead of the record high ($3500) to keep the Relative Strength Index (RSI) out of overbought territory.
Source: forex.com
Published (UTC): 2025-05-08 21:30:00
USD/INR surges as India-Pakistan conflict takes an ugly turn
USD/INR surged to fresh highs on Thursday, bolstered by a fresh pummeling of the Indian Rupee (INR). India and Pakistan are spooling up a direct military conflict as the two countries continue to lay competing claims over the Kashmir region.
Source: fxstreet.com
Published (UTC): 2025-05-08 21:25:35
Euro Technical Forecast: EUR/USD Plunges into Key Pivot Zone
Euro is on track for a third straight weekly loss as bears press into key support—first major test in play. Battle lines drawn on the EUR/USD weekly chart.
Source: forex.com
Published (UTC): 2025-05-08 21:02:00
USD/JPY Back Above 145.00: EUR/JPY, GBP/JPY Technical Analysis
USD strength has continued in the aftermath of the FOMC press conference yesterday, and USD/JPY is looking especially strong with a test of fresh highs.
Source: forex.com
Published (UTC): 2025-05-08 20:37:00
Gold price falls below $3,320 as risk appetite improves on UK-US deal
Gold price tumbled for the second consecutive day as traders erased Bullion's advance on Tuesday, which pushed its gains past the $3,400 figure. The announcement of a US-UK trade deal boosted the US Dollar (USD) to the detriment of XAU/USD, which trades at $ 3,311, down over 1.60%.
Source: fxstreet.com
Published (UTC): 2025-05-08 20:31:52
Pound Sterling Price News and Forecast: GBP/USD climbs past 1.33 on BoE hawkish cut, US-UK reaching trade deal
The Pound Sterling (GBP) advanced during the North American session after the Bank of England (BoE) reduced borrowing costs on a 7-2 vote split, with two members voting to hold rates unchanged. Positive United States (US) jobs data failed to propel the US Dollar (USD), while a trade deal between the US and the UK is a tailwind for GBP/USD, which trades at 1.3300, up 0.15%.
Source: fxstreet.com
Published (UTC): 2025-05-08 20:07:00