Current news is English only but we will be adding multilingual news - check back soon.
NZD/JPY price analysis: Cross holds bearish tone ahead of Asian session
NZD/JPY price analysis: Cross holds bearish tone ahead of Asian session
The NZD/JPY cross is trading near the 85.50 zone on Thursday, down approximately 1% as it sits mid-range within its recent fluctuation ahead of the Asian session.
Crosses
Technical Analysis
Currencies
NZDJPY
GBPUSD remains range bound but with a bullish tilt
GBPUSD remains range bound but with a bullish tilt
The 100-hour MA and the swing level at 1.32614
GBP/USD rises towards 1.3300 as UK economy grows above forecasts
GBP/USD rises towards 1.3300 as UK economy grows above forecasts
The Pound Sterling extended its gains against the US Dollar, driven by a positive reading of economic growth in the UK and softer-than-expected data in the US, which fueled speculation of a slower economic outlook. At the time of writing, the GBP/USD trades at 1.3293, up 0.31%.
GBPUSD
Majors
Technical Analysis
GDP
Currencies
Silver Price Forecast: XAG/USD rebounds as buyers defend key support levels
Silver Price Forecast: XAG/USD rebounds as buyers defend key support levels
Silver prices are recovering from earlier lows, supported by renewed demand at technical support levels. 
Silver
XAGUSD
Technical Analysis
Commodities
Levels
EUR/USD price analysis: Euro steadies near 1.1200 amid mixed technical signals
EUR/USD price analysis: Euro steadies near 1.1200 amid mixed technical signals
The EUR/USD pair maintained a steady tone near the 1.1200 zone on Thursday, reflecting a cautiously bullish stance after the European session. Price action remains within the middle of its recent range, indicating balanced sentiment despite mixed short-term signals.
EURUSD
Majors
Technical Analysis
Currencies
EUR/JPY retreats for second day as Yen strengthens, Euro weighed by softer growth revision
EUR/JPY retreats for second day as Yen strengthens, Euro weighed by softer growth revision
EUR/JPY extended its pullback for a second consecutive session on Thursday, falling 0.5% to trade around 163.00, with the Japanese Yen (JPY) gaining traction on safe-haven flows.
EURJPY
Crosses
Japan
Eurozone
Technical Analysis
EUR/CHF price analysis: Cross maintains bearish tone near daily lows on Thursday
EUR/CHF price analysis: Cross maintains bearish tone near daily lows on Thursday
The EUR/CHF cross is trading around the 0.9400 zone on Thursday, maintaining a bearish tone as it approaches the lower end of its daily range. The cross remains under pressure as traders assess a mix of technical signals, suggesting further downside risk despite some short-term bullish momentum.
Crosses
Currencies
Technical Analysis
EURJPY
NZDUSD testing 200-bar MA on 4-hour chart and swing area down ot 0.5852 area
NZDUSD testing 200-bar MA on 4-hour chart and swing area down ot 0.5852 area
Buyers fail to hold breakout above 100-bar MA on 4-hour chart yesterday gave sellers the go-ahead to push lower. Now back testing technical support
NZD
USD
EURUSD capped by resistance at the 200 hour MA, presses back to key support at 100-hour MA
EURUSD capped by resistance at the 200 hour MA, presses back to key support at 100-hour MA
Sellers in control below 1.1213; break of 1.1176 opens the door for deeper downside
EUR
USD
Gold rallies as US stats and geopolitical shockwaves trigger haven demand
Gold rallies as US stats and geopolitical shockwaves trigger haven demand
Gold prices recovered some ground earlier on Thursday during the North American session after US economic data suggested that factory gate inflation continues decelerating. At the same time, consumer spending was debilitated due to US tariffs.
Gold
XAUUSD
Fundamental Analysis
Technical Analysis
Fed
AUDUSD stalls at 200-day MA for second time this week
AUDUSD stalls at 200-day MA for second time this week
Key resistance holds again at 0.6457; buyers eye cluster of MA swing area between 0.6419 and 0.6437.S tay below is more bearish
USDCAD holds above 200-bar MA on 4-hour chart, eyes key resistance cluster
USDCAD holds above 200-bar MA on 4-hour chart, eyes key resistance cluster
Buyers lean on 4-hour 200-bar MA support as focus shifts to 200-day MA and key resistance zone near 1.4026
CAD
USD
USDCHF stays between key support and key resistance targets
USDCHF stays between key support and key resistance targets
USDCHF struggles to break above resistance at 38.2% retracement at 0.8482, key support at 0.8318-0.8333 remains crucial for bullish momentum. Battle is on between the levels
CHF
USD
The USD is consolidating in up and down trading for the EURUSD/GBPUSD. The USDJPY is down.
The USD is consolidating in up and down trading for the EURUSD/GBPUSD. The USDJPY is down.
A heavy economic calendar awaits traders with the PPI, Retail sales, Initial and continuing claims, etc. etc. etc, on the docket
EUR quietly trading around 1.12 – Scotiabank
EUR quietly trading around 1.12 – Scotiabank
Euro (EUR) is entering Thursday’s NA session with a modest 0.2% gain vs. the USD, showing losses vs. the havens while strengthening vs. the likes of AUD and NOK in a market that is trading on the disinflationary impact of a US/Iran deal, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Banks
EURUSD
Technical Analysis
CAD vulnerable to double blow of wider spreads and lower oil prices – Scotiabank
CAD vulnerable to double blow of wider spreads and lower oil prices – Scotiabank
The CAD is entering Thursday’s NA session flat vs. the USD but trading somewhat defensively, reflecting the burden of lower oil prices amid the prospect of a possible US/Iran deal, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Banks
USDCAD
Technical Analysis
Canada
BOC
G10 FX trades risk off on prospect of US/Iran deal & lower Oil prices – Scotiabank
G10 FX trades risk off on prospect of US/Iran deal & lower Oil prices – Scotiabank
Risk aversion is dominating as we head into Thursday’s NA session with a distribution of relative currency performance that is seeing notable strength from the havens Swiss Franc (CHF) and Japanese Yen (JPY) and weakness from the growth-sensitive commodity currencies NOK, NZD, and AUD.
Banks
Technical Analysis
Fundamental Analysis
USDCAD
DollarIndex
USD/JPY is under pressure from US/South Korea talks – OCBC
USD/JPY is under pressure from US/South Korea talks – OCBC
USD/JPY continued to trade lower. Pair was last at 145.91 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USDJPY
Banks
Technical Analysis
Japan
BOJ
USD/CNH: The support at 7.1700 is back in sight – UOB Group
USD/CNH: The support at 7.1700 is back in sight – UOB Group
Further sideways trading seems likely; firmer underlying tone suggests a higher range of 7.1950/7.2200. In the longer run, renewed downward momentum suggests 7.1700 is back in sight, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
USDCNH
USD/JPY: Expected to consolidate in a range of 144.50/148.50 – UOB Group
USD/JPY: Expected to consolidate in a range of 144.50/148.50 – UOB Group
USD is likely to trade in a sideways range of 145.70/147.50. In the longer run, upward momentum has dissipated; USD is expected to consolidate in a range of 144.50/148.50 for now, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
USDJPY
Technical Analysis
Banks
NZD/USD: No significant increase in momentum – UOB Group
NZD/USD: No significant increase in momentum – UOB Group
New Zealand Dollar (NZD) could decline vs US Dollar (USD), but as there is no significant increase in momentum, it is unlikely to be able to break clearly below 0.5860.
NZDUSD
Banks
Technical Analysis
DXY: Markets are very sensitive to comments surrounding FX – OCBC
DXY: Markets are very sensitive to comments surrounding FX – OCBC
There was quite a bit of volatility in FX markets overnight, with USD declining at first, in response to the Bloomberg headline that US discussed FX with South Korea. DXY was last at 100.77 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Banks
DollarIndex
Technical Analysis
AUD/USD: Likely to trade in a lower range of 0.6400/0.6465  – UOB Group
AUD/USD: Likely to trade in a lower range of 0.6400/0.6465 – UOB Group
A slight increase in downward momentum is likely to lead to a lower range of 0.6400/0.6465 instead of a sustained decline. In the longer run, to continue to rise, Australian Dollar (AUD) must break and hold above 0.6515, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
AUDUSD
Technical Analysis
Banks
Gold Futures Anlysis Now
Gold Futures Anlysis Now
Early gold bulls seem to be rising. orderflow Intel supports your decision. Trade gold at your own risk.
Gold
OrderFlow Intel
USD/MXN confirms rounding top – Societe Generale
USD/MXN confirms rounding top – Societe Generale
USD/MXN has broken below key multi-month support, forming a bearish rounding top pattern and signaling potential downside toward 19.10 and 18.70, Societe Generale's FX analysts report.
USDMXN
Banks
Technical Analysis
Mexico
GBP/USD: Likely to trade in a range between 1.3220 and 1.3320 – UOB Group
GBP/USD: Likely to trade in a range between 1.3220 and 1.3320 – UOB Group
Current price action is non-trending; Pound Sterling (GBP) is likely to trade in a range between 1.3220 and 1.3320. In the longer run, buildup in momentum has faded; GBP is likely to trade in a 1.3140/1.3405 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
GBPUSD
Banks
Technical Analysis
USD: Evidence and speculation weighs on the USD – ING
USD: Evidence and speculation weighs on the USD – ING
The dollar is drifting a little lower against major currencies and remains tarnished by April's events. US Treasuries continue to trade on a soft footing, and whether judged against the risk-free SOFR swap rate or German bunds, they have failed to reverse much of the spread widening seen in April.
Banks
DollarIndex
Technical Analysis
EUR/USD: Likely to trade in a 1.1130/1.1230 range – UOB Group
EUR/USD: Likely to trade in a 1.1130/1.1230 range – UOB Group
There has been no increase in either downward or upward momentum; EUR is likely to trade in a 1.1130/1.1230 range vs US Dollar (USD). In the longer run, EUR is likely to consolidate between 1.1100 and 1.1290 for the time being, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
EURUSD
Banks
EUR: Staying supported – ING
EUR: Staying supported – ING
EUR/USD has found some decent support under 1.11 and we expect that to continue to be the case, ING’s FX analyst Chris Turner notes.
EURUSD
Banks
Technical Analysis
USDJPY Technical Analysis – We filled the Monday gap
USDJPY Technical Analysis – We filled the Monday gap
The USDJPY pair erased all the Monday gains and filled the gap. What’s next?
JPY
USD
GBP/JPY Price Forecast: Remains under selling pressure below 194.00, bullish bias prevails
GBP/JPY Price Forecast: Remains under selling pressure below 194.00, bullish bias prevails
The GBP/JPY cross remains under some selling pressure around 193.85 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Pound Sterling (GBP) amid the prospect that the Bank of Japan (BoJ) will hike rates again.
GBPJPY
Technical Analysis
Crosses
Bullish
FX option expiries for 15 May 10am New York cut
FX option expiries for 15 May 10am New York cut
A look at what is on the board for today
USD/CAD Price Forecast: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell
USD/CAD Price Forecast: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell
The USD/CAD pair struggles to capitalize on the previous day's goodish rebound from the 1.3900 mark and attracts fresh sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade around the 1.3865 area, down less than 0.10% for the day.
USDCAD
Inflation
Fed
Technical Analysis
Currencies
Silver Price Forecast: XAG/USD breaks below $32.00 with developing bearish bias
Silver Price Forecast: XAG/USD breaks below $32.00 with developing bearish bias
Silver price (XAG/USD) is extending its losses for the second successive session, trading around $31.90 per troy ounce during the Asian hours on Thursday.
Silver
Technical Analysis
Majors
Commodities
Metals
GBP/JPY Price Forecast: Slides as bearish engulfing pattern signals a pullback looms
GBP/JPY Price Forecast: Slides as bearish engulfing pattern signals a pullback looms
The GBP/JPY retreated on Wednesday, losing over 0.82% after hitting a weekly high of 196.39 earlier during the Asian session. As Thursday's Asian session begins, the GBP/JPY trades at 194.48 flat.
GBPJPY
Technical Analysis
Currencies
Crosses
Silver Price Forecast: XAG/USD drops over 2% on high US yields, hovers near $32.00
Silver Price Forecast: XAG/USD drops over 2% on high US yields, hovers near $32.00
Silver price fell 2% on Wednesday amid elevated US Treasury bond yields as investors seemed confident that the US Federal Reserve would not reduce interest rates. At the time of writing, the XAG/USD trades at $32.20, unchanged as the Asian session begins.
Technical Analysis
XAGUSD
Silver
Metals
AUD/NZD price analysis: Aussie holds near 1.0900 as bullish tone persists
AUD/NZD price analysis: Aussie holds near 1.0900 as bullish tone persists
The AUD/NZD pair held near the 1.0900 zone on Wednesday, reflecting a steady bullish tone as the market heads into the Asian session. Price action remains close to the top of its daily range, suggesting that buyers maintain control despite some mixed momentum signals.
Technical Analysis
Currencies
Crosses
AUDNZD
Australia
Bullish
AUD/USD mixed technical signals amid fundamental headwinds
AUD/USD mixed technical signals amid fundamental headwinds
The AUD/USD pair is trading near the lower end of its daily range, reflecting a mixed technical outlook.
AUDUSD
Currencies
Technical Analysis
Fundamental Analysis
NZD/JPY price analysis: Cross retreats near daily lows ahead of Asian session
NZD/JPY price analysis: Cross retreats near daily lows ahead of Asian session
The NZD/JPY cross is trading near the 86.50 zone on Wednesday, down approximately 1% as it approaches the lower end of its daily range ahead of the Asian session.
Crosses
Technical Analysis
NZDJPY
Currencies