If GBP/USD closes as a bullish D1 candle in spite of today’s poor PMI, it will gives a sign of bullish retracement. It took support a day before yesterday from swing low level made on 31st March, 2021.

Gold remains at a critical technical and fundamental crossroads ahead of Kevin Warsh's first Federal Reserve meeting. While easing Middle East tensions and falling oil prices are helping reduce inflation concerns, markets remain cautious due to unresolved issues in the US-Iran peace agreement and the possibility of a hawkish Fed stance. A stronger US dollar continues to be the main challenge for gold, with the DXY holding above key support and maintaining its broader bullish

The Federal Reserve meeting comes at a critical time for both the US dollar and USD/JPY. Markets expect rates to remain unchanged, but traders will closely watch the Fed's updated forecasts, dot plot, and comments from Chair Kevin Warsh for clues on future policy. Strong US economic data and persistent inflation have increased the chances of a hawkish outcome, which could provide further support for the US dollar. Bullish sentiment towards the dollar remains strong. A hawkish

EUR/USD is finding support as falling oil prices improve the outlook for energy-importing economies, but the US dollar has remained more resilient than expected as traders continue to focus on Federal Reserve policy and strong US economic data. While downside risks have eased, the Fed remains the key near-term catalyst. Technically, EUR/USD is expected to challenge the 1.1625 resistance, with a break above 1.1670 to 1.1700 strengthening the bullish outlook. A move back below

The Bank of Japan has raised interest rates by 25 basis points to 1%, as widely expected. With the rate decision now behind the market, attention has shifted to the BOJ's guidance on future policy and quantitative tightening. Traders will be watching closely for any signals on the pace of further policy normalisation, as these could have a major impact on the Japanese yen. Despite falling oil prices, lower US bond yields, and easing geopolitical tensions, the yen has struggle

The confirmation of a US-Iran ceasefire has improved risk sentiment and pushed oil prices, bond yields, and the US dollar lower. However, USD/JPY has remained resilient above 160.00, supported by record speculative short positions against the Japanese yen. With geopolitical risks easing, attention is now shifting to this week's Bank of Japan and Federal Reserve policy decisions, which are likely to become the main drivers for the pair. The outlook for USD/JPY could turn more

Markets are unwinding geopolitical risk after a US-Iran memorandum of understanding paved the way for a potential peace deal within 60 days. Brent crude and the US dollar have weakened as traders reduce war hedges, while gold has broken higher despite improving sentiment, reflecting continued uncertainty around Iran's nuclear programme and the durability of the agreement. From a technical perspective, Brent is approaching key support around $80 with momentum still favouring f

The British pound remains focused on the key 1.3300 support level after a brief rebound driven by improved market sentiment following peace deal headlines. However, ongoing uncertainty surrounding Iran and broader geopolitical risks means the overall market outlook remains cautious, with recent rallies across currencies, metals, and equities still facing important resistance levels. From a technical perspective, GBP/USD continues to trade within a long-term consolidation patt