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Forex: all news & analysis

Explore our comprehensive Forex Archive, an essential resource that provides expert insights on price movements, trends, and the currency market. By analysing past price actions and key events, you can uncover vital market dynamics and elevate your understanding of effective trading strategies. Whether you're focusing on major currency pairs or emerging markets, our archive is packed with information to help you sharpen your trading decisions.

GBP_UK_Bank_Notes
Chart alert: GBP/USD potential bullish reversal above 20-day moving average
GBP/USD is showing signs of a potential bullish reversal as sterling remains supported above key technical levels despite renewed US-Iran tensions. Traders are closely watching the US non-farm payrolls, unemployment rate, and Michigan consumer sentiment data for fresh directional cues. Intermarket analysis suggests the Bank of England may stay more hawkish than the Federal Reserve, while technical indicators point to strengthening upside momentum toward the 1.3640/3665 resistance zone.
08-05-2026 05:37 GMT by Kelvin Wong
Index-Indices_US_Flags
Asia open: Stock markets rally on US-Iran peace hopes; tech drives S&P 500 to record highs
Global stock markets rallied to record highs as hopes for a US–Iran peace agreement boosted investor risk appetite and pushed oil prices sharply lower. Semiconductor stocks led the advance, with Intel and AMD surging on strong AI-driven momentum and partnership optimism. The weaker US dollar fueled a sharp rebound in gold above $4,700, while the Japanese yen strengthened amid suspected intervention. Asian markets also climbed, supported by easing energy risks and tech-led gains.
07-05-2026 02:23 GMT by Kelvin Wong
China_Flag_City_View
Chart alert: China A50 bullish breakout above 6-month resistance
China A50 breaks above a 6-month resistance, reinforcing a bullish outlook as the index outperforms global peers amid geopolitical tensions. Gains of 7% since late February highlight resilience despite the US–Iran conflict. A strengthening yuan, improving tariff conditions, and anticipation around the Trump–Xi meeting are key catalysts. Technical signals confirm upside momentum, with the breakout supported by an ascending channel and bullish RSI, pointing to further gains ahead.
06-05-2026 09:44 GMT by Kelvin Wong
JPY_Japan_Bank_Note
Chart alert: USD/JPY bearish breakdown from “Ascending Wedge”, it smells like another intervention
USD/JPY extends its downside after Japan’s $34.5B intervention triggered a sharp 2.4% drop to a two-month low. A brief rebound now looks like a dead cat bounce within a developing bearish trend. Technical signals reinforce weakness, with a breakdown below the ascending wedge at 157.55 pointing to renewed selling pressure. Markets are increasingly alert to potential follow-up intervention, with 155.55 emerging as the key near-term support level to watch.
06-05-2026 05:04 GMT by Kelvin Wong
Japan_Flag
Asia open: Equities hit records as geopolitical tensions cool and oil dips
Global markets surged as easing US–Iran tensions and softer oil prices lifted risk appetite, driving the S&P 500 and Nasdaq to record highs. Strong earnings momentum, led by mega-cap tech and the AI infrastructure boom, continues to underpin equities. The Australian dollar rebounded on hawkish RBA guidance, while a cooling geopolitical risk premium capped US dollar gains. Asia-Pacific markets followed Wall Street higher, supported by resilient sentiment.
06-05-2026 04:02 GMT by Kelvin Wong
GBP_UK_Bank_Notes
GBP/USD Potential Trade Setups: Two opportunities on the bullish retest and breakout play
GBP/USD Technical Analysis: The British Pound shows significant resilience, breaking key structural resistance and reclaiming the 1.35000 support. The H4 chart suggests a bullish trend reversal. This article details the cautiously optimistic technical outlook and provides potential trade entries, stop losses, and targets, including the Bullish Retest and Breakout Play configurations.
05-05-2026 18:54 GMT by Zain Vawda
AUD_Bank_Notes_Cash_Australia
Chart alert: AUD/USD dipped towards 0.7130 key minor support ahead of RBA decision
AUD/USD hovers near 0.7130 ahead of the RBA rate decision, with markets fully pricing a third consecutive 25 bps hike to 4.35%. The pair remains in a bullish structure above key support, with potential upside toward 0.7200 and beyond if the RBA maintains a hawkish tone. However, downside risks remain if policymakers signal demand destruction from high oil prices, which could push AUD/USD below 0.7055.
05-05-2026 03:26 GMT by Kelvin Wong
AUD_Australia_Building
Asia open: Markets brace for RBA decision and US Services PMI looms
Markets open in Asia with focus on the RBA rate decision and US ISM Services PMI as policy divergence and geopolitical risks drive volatility. Strong US data reinforces a higher-for-longer Fed stance, while rising oil prices amid US–Iran tensions keep inflation concerns elevated. Equities remain cautious, the US dollar holds firm, and commodities stay supported, with WTI crude maintaining a bullish structure above key support levels.
05-05-2026 01:33 GMT by Kelvin Wong
Bank_of_Japan_Building_BoJ
USD/JPY (update): “Final warning” verbal intervention spooked the market. What are the next key supports to watch?
USD/JPY reversed sharply after hitting 160.73 as Japan’s “final warning” on FX intervention spooked markets, triggering a 0.9% pullback and boosting the yen. The pair now tests key support levels at 159.05 and 158.60, with downside risks rising if pressure persists. Traders are closely watching upcoming ECB and BoE policy signals, where any hawkish guidance could accelerate USD/JPY’s corrective decline.
30-04-2026 10:17 GMT by Kelvin Wong
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