EUR/USD: Smart Money Analysis – Bulls Nearly Reached the Target
Friday, May 1,2026,17:17
The EUR/USD pair remains within a weak corrective pullback that cannot yet be considered complete. This week saw a number of important events, but it cannot be said that they made a strong impression on traders. The most significant events were the ECB and Fed meetings (unsurprisingly), but there were no decisions regarding changes in monetary policy. The ECB indicated that interest rates could be raised in the future (in summer), but this was already clear beforehand. Inflation in Europe has been accelerating for the second consecutive month—and quite rapidly. If the conflict in the Middle East continues for months and the Strait of Hormuz remains blocked, oil and gas prices will inevita... .. read more..
FX Weekly Recap: April 27 – May 1, 2026
Friday, May 1,2026,17:14
A divided FOMC, confirmed yen intervention worth $34.5 billion, and oil near triple digits made the week of April 27 to May 1 one for the books. .. read more..
GBP/USD: Smart Money Analysis – A New Bullish Signal Has Formed
Friday, May 1,2026,17:12
The GBP/USD pair reversed in favor of the British pound and began an upward move. However, this move did not start from nowhere—it began from imbalance 19, which I have been discussing over the past two weeks. Of course, traders always look for the clearest and simplest trading signals, but this time the price remained within the zone of interest for two weeks. There is nothing to be done about that—it simply has to be accepted. That is how the market works. Ultimately, however, a bullish signal within a bullish trend was formed, and traders had the opportunity to open long positions. Now the pound may head toward the yearly high near the 1.3867 level. A new bullish imbalance may also for... .. read more..
XAU/USD Price Analysis and Forecast: Gold Shows Weak Momentum Amid Mixed Fund...
Friday, May 1,2026,17:08
Gold (XAU/USD) continued a moderate intraday decline, falling below the round level of $4,600 and partially giving up the gains made the previous day, though it has currently recovered some of its intraday losses. Based on current dynamics, the precious metal is set to end a second consecutive week in negative territory, holding near a monthly low around $4,510 recorded on Wednesday. Geopolitical tensions related to stalled negotiations between the United States and Iran continue to support high oil prices, thereby strengthening inflation expectations. Against this backdrop, expectations of tighter monetary policy from major central banks, including the Federal Reserve (Fed), are increasi... .. read more..
The peace process is stalling ahead of April Non Farm Payrolls – Markets Week...
Friday, May 1,2026,16:06
A week ahead preview: Markets continue to surprise to the upside after the key Central Bank meetings, but the biggest action is yet to come as the new month begins. Get ready for the upcoming week by looking at the past week's Market performance, what changed and the key events to expect in next week) .. read more..
USD/JPY: The intervention aftermath, has the BoJ bought time or reversed the ...
Friday, May 1,2026,13:37
The USD/JPY pair experienced a violent shift after the Japanese Ministry of Finance intervened following the breach of the 160.00 level. This estimated $30B intervention sparked a 2.2% yen rally. We assess the technical outlook and argue that, based on precedent, the action may only buy time, ensuring heightened volatility .. read more..
Dow Jones nears 50,000! Will Stock Market Bulls ever be defeated?
Friday, May 1,2026,11:34
S&P 500, Dow Jones, Nasdaq Analysis and Trading Levels: Major US Indexes surge on broad-based earnings momentum and a resilient US economy, though the Dow Jones fails to breach its 50,000 level. With a flat Manufacturing PMI of 52.7 and Crude Oil not breaching $100, explore an intraday technical analysis of the Dow, Nasdaq, and S&P 500 for the afternoon. .. read more..
XAU/USD: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26
Friday, May 1,2026,11:00
Major Takeaways Main scenario: Consider long positions from corrections above 4,493.40 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,493.40. Stop Loss: below 4,420.00, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below 4,493.40 will allow the asset to continue declining to the levels of 4,087.00–3,718.62. A sell signal: the level of 4,493.40 is broken to the downside. Stop Loss: above 4,560.00, Take Profit: 4,087.00–3,718.62. Main Scenario Consider long positions from corrections above 4,493.40 with a target of 5,610.00–6,000.00. Alternative Scenario Breakout and consolidation below 4,493.40 will allow the asset to continue d... .. read more..
USD is moving lower helped by lower oil and yields. What are the charts telli...
Friday, May 1,2026,10:56
The USD is trading lower today as oil slips back below $100 and Treasury yields edge down. The 10-year yield is off -2.2 bps at 4.367%, while the 2-year is also down -2.2 bps at 3.865%. On the data front, ISM Manufacturing PMI came in weaker than expected but held above the 50 level—keeping the sector in expansion. The report had a mixed tone: employment declined, while new orders and prices moved higher, pointing to ongoing demand alongside persistent cost pressures. In the video above, I walk through the major currency pairs versus the USD—breaking down the technicals that define the bias, risk, and targets. EURUSD The EURUSD pushed to new highs and is now targeting the April 21–22 high... .. read more..
U.S. Manufacturing Index Unexpectedly Unchanged In April
Friday, May 1,2026,10:45
Manufacturing activity in the U.S. expanded for the fourth consecutive month in April, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI came in at 52.7 in April, unchanged from March. While a reading above 50 still indicates growth, economists had expected the index to inch up to 53.0. .. read more..
WTI Crude Oil: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26
Friday, May 1,2026,10:30
Major Takeaways Main scenario: Consider long positions from corrections above 91.50 with a target of 115.70–126.00. A buy signal: the price holds above 91.50. Stop Loss: below 89.50, Take Profit: 115.70–126.00. Alternative scenario: Breakout and consolidation below 91.50 will allow the asset to continue declining to the levels of 78.70–65.00. A sell signal: the level of 91.50 is broken to the downside. Stop Loss: above 93.50, Take Profit: 78.70–65.00. Main Scenario Consider long positions from corrections above 91.50 with a target of 115.70–126.00. Alternative Scenario Breakout and consolidation below 91.50 will allow the asset to continue declining to the levels... Read full author’s opi... .. read more..
Ethereum (ETH) on path to a continued breakout – Will it pull other altcoins?
Friday, May 1,2026,10:26
ETH Crypto Update: Ethereum breaks out of its multi-month downtrend following a brutal 64% correction. Consolidating above the $2,100–$2,300 pivot, ETH pushes above its downward channel as traders pivot from traditional assets. Explore our technical analysis of ETH/BTC and key levels. .. read more..
USD/JPY: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26
Friday, May 1,2026,10:00
Major Takeaways Main scenario: Consider short positions from corrections below the level of 160.65 with a target of 152.10–145.50. A sell signal: the price holds below 160.65. Stop Loss: above 161.20, Take Profit: 152.10–145.50. Alternative scenario: Breakout and consolidation above the level of 160.65 will allow the pair to continue rising to the levels of 165.00–168.00. A buy signal: the level of 160.65 is broken to the upside. Stop Loss: below 160.10, Take Profit: 165.00–168.00. Main Scenario Consider short positions from corrections below the level of 160.65 with a target of 152.10–145.50. Alternative Scenario Breakout and consolidation above 160.65 will... Read full author’s opinion ... .. read more..
JPY intervention! And, can magazine covers open the Strait of Hormuz?
Friday, May 1,2026,09:55
Will the US throw Japan a helping hand on the yen? Listen to the full episode now or follow the Saxo Market Call on your favorite podcast app. Today’s Links The magazine cover old saw. The Economist magazine cover (dated May 2) that everyone is passing around as the holy grail for a turn lower in crude oil prices. So the editorial staff of the Economist have magic powers? Apparently so! For The FX Trader The FX Trader piece from today , rounding up the week’s action, the JPY intervention and the focus for next week, as well as the latest trend status across G10, CNH and metals. How much should one pay for SpaceX shares when they IPO? The investment valu... .. read more..
GBP/USD: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26
Friday, May 1,2026,09:30
Major Takeaways Main scenario: Consider long positions from corrections above 1.3440 with a target of 1.3870–1.4300. A buy signal: the price holds above 1.3440. Stop Loss: below 1.3400, Take Profit: 1.3870–1.4300. Alternative scenario: Breakout and consolidation below 1.3440 will allow the asset to continue declining to the levels of 1.3150–1.2936. A sell signal: the level of 1.3440 is broken to the downside. Stop Loss: above 1.3480, Take Profit: 1.3150–1.2936. Main Scenario Consider long positions from corrections above 1.3440 with a target of 1.3870–1.4300. Alternative Scenario Breakout and consolidation below 1.3440 will allow the pair to continue declining to the levels... Read full a... .. read more..
The USD is little changed to start the day. The USDJPY remains volatile but i...
Friday, May 1,2026,08:34
The video above takes a detailed look of the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD from a technical perspective. On Wednesday, the Fed kept rates unchanged, but the decision revealed a notable divide beneath the surface. There were four dissenters in what was likely Powell’s final meeting as Chair. Hammack, Logan, and Kashkari pushed back on the easing bias, citing ongoing inflation risks. Miran, the most recent Trump nominee, dissented in favor of a rate cut, reinforcing his more dovish stance. The takeaway is clear: the Fed is increasingly split, with the debate shifting toward what comes next—cuts versus staying restrictive longer. Yesterday’s dominant story, however, ... .. read more..
EUR/USD: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26
Friday, May 1,2026,08:30
Major Takeaways Main scenario: Consider long positions from corrections above 1.1650 with a target of 1.2088–1.2400. A buy signal: the price holds above 1.1650. Stop Loss: below 1.1610, Take Profit: 1.2088–1.2400. Alternative scenario: Breakout and consolidation below 1.1650 will allow the asset to continue declining to the levels of 1.1400–1.1185. A sell signal: the level of 1.1650 is broken to the downside. Stop Loss: above 1.1690, Take Profit: 1.1400–1.1185. Main Scenario Consider long positions from corrections above 1.1650 with a target of 1.2088–1.2400. Alternative Scenario Breakout and consolidation below 1.1650 will allow the pair to continue declining to the levels... Read full a... .. read more..
UK Mortgage Approvals Rise Unexpectedly
Friday, May 1,2026,08:08
UK mortgage approvals rose unexpectedly in March, reaching a four-month high, while consumer credit logged its fastest growth since early 2024, official data showed Friday. The number of mortgages approved in March rose to 63,531 from 62,708 in the previous month, the Bank of England reported. Approvals were forecast to fall to 60,000. .. read more..
USD/CHF: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26
Friday, May 1,2026,08:00
Major Takeaways Main scenario: Consider long positions from corrections above 0.7765 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7765. Stop Loss: below 0.7725, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.7765 will allow the asset to continue declining to the levels of 0.7420–0.7200. A sell signal: the level of 0.7765 is broken to the downside. Stop Loss: above 0.7805, Take Profit: 0.7420–0.7200. Main Scenario Consider long positions from corrections above 0.7765 with a target of 0.8220–0.8400. Alternative Scenario Breakout and consolidation below 0.7765 will allow the pair to continue declining to the levels... Read full a... .. read more..
Big Oil earnings: Chevron and Exxon beat, but the barrel did not do all the work
Friday, May 1,2026,08:00
Key takeaways Chevron and Exxon beat expectations , helped by higher oil prices and strong core assets. Cash returns stayed large , but Chevron trimmed buybacks while Exxon held steady. The lesson for investors is simple: oil helps, but execution still matters. Chevron and Exxon Mobil reported first-quarter results on 1 May 2026, and the first lesson is that higher oil prices do not automatically produce a clean victory. They help, of course. Oil companies do not complain when the barrel gets more expensive. But this quarter also came with war disruption, cargo delays, accounting timing effects and weaker pockets in refining and chemicals. Brent crude settled at 114.01 USD on 30 April 202... .. read more..
USD/CAD: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26
Friday, May 1,2026,07:30
Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3712 with a target of 1.3400–1.3065. A sell signal: the price holds below 1.3712. Stop Loss: above 1.3750, Take Profit: 1.3400–1.3065. Alternative scenario: Breakout and consolidation above the level of 1.3712 will allow the pair to continue rising to the levels of 1.3950–1.4124. A buy signal: the level of 1.3712 is broken to the upside. Stop Loss: below 1.3675, Take Profit: 1.3950–1.4124. Main Scenario Consider short positions from corrections below the level of 1.3712 with a target of 1.3400–1.3065. Alternative Scenario Breakout and consolidation above 1.3712 will... Read full author’s opinion ... .. read more..
USD/JPY: Tips for Beginner Traders on May 1st (U.S. Session)
Friday, May 1,2026,07:24
Trade Review and Tips for Trading the Japanese Yen The test of the 157.11 level occurred when the MACD indicator had just begun moving downward from the zero mark, confirming a good entry point for selling the dollar. As a result, the pair dropped by 100 points. Another intervention by the Bank of Japan led to a large-scale sell-off of the dollar and buying of the Japanese yen. However, most of the pair's decline was quickly reversed. In the second half of the day, the U.S. Manufacturing PMI is expected to be released. An ISM Manufacturing PMI reading above forecasts typically supports the U.S. dollar. This could lead to further gains in USD/JPY—especially at such attractive price levels.... .. read more..
GBP/USD: Tips for Beginner Traders on May 1st (U.S. Session)
Friday, May 1,2026,07:21
Trade Review and Tips for Trading the British Pound The test of the 1.3597 level occurred when the MACD indicator had just begun moving upward from the zero mark, confirming a good entry point for buying the pound. As a result, the pair rose by only 10 points. In the second half of the day, the U.S. Manufacturing PMI is expected to be released. This indicator, calculated by the Institute for Supply Management, is one of the most important leading indicators of the U.S. economy, as it reflects both sentiment and actual activity in the manufacturing sector. Strong ISM Manufacturing PMI data—exceeding forecasts or showing steady growth compared to the previous month—will inevitably have a po... .. read more..
Treasury Secretary Scott Bessent criticizes Jerome Powell
Friday, May 1,2026,07:14
After the Fed meeting, which was the outgoing chair Powell's last as chair, Treasury Secretary Scott Bessent criticized his decision to remain on the Federal Reserve Board of Governors, saying it amounted to a break with Fed traditions. "It's highly unusual for someone who says he's an institutionalist and cares about norms at the Fed," Bessent said, commenting on Powell's actions. "This is a violation of all Federal Reserve norms." He emphasized that moving from the chairmanship to the position of a board member, without any cooling-off period, is an unprecedented step that could undermine the authority and independence of the central bank. Bessent expressed concern that this decision co... .. read more..
EUR/USD: Tips for Beginner Traders on May 1st (U.S. Session)
Friday, May 1,2026,07:13
Trade Review and Tips for Trading the Euro The test of the 1.1735 price level occurred when the MACD indicator had just begun moving upward from the zero mark, confirming a good entry point for buying the euro. As a result, the pair rose by 10 points. In the second half of the day, important data on the U.S. ISM Manufacturing Index is expected. Market participants will focus on the index value itself as well as the deviation from economists' forecasts. If the indicator exceeds expectations or shows steady positive dynamics, it will be interpreted as a favorable sign. Strong manufacturing activity traditionally signals stableeconomic growth, which in turn will increase the attractiveness o... .. read more..
4 Factors That May Sabotage Your Deliberate Practice
Friday, May 1,2026,07:09
If done correctly, deliberate practice can not only help speed up your learning process but also help you identify your weaknesses and open doors to other techniques that might work for you. .. read more..
USD/JPY:
Friday, May 1,2026,07:06
The dollar/yen pair plunged more than 500 points yesterday. In just a few hours the price fell from 160.73 to 155.58. Such a sharp intraday move was one of the largest in the past three years. In this case, the so-called "curse of the 160 level" kicked in again: breaking that mark is considered a red line that, as a rule, prompts a counterreaction from Tokyo. That is exactly what happened this time. As soon as USD/JPY buyers pushed above the 160.50 resistance area (the upper line of the Bollinger Bands on the four-hour chart), Japanese authorities sharply stepped up their rhetoric. In particular, Finance Minister Satsuki Katayama said that "the time for decisive action is approaching." Al... .. read more..
Level and Target Adjustments for the U.S. Session – May 1
Friday, May 1,2026,07:06
The British pound, the euro, and the Australian dollar were traded today using a Mean Reversion strategy. I traded the Japanese yen using a Momentum strategy, taking into account its currency interventions. In the second half of the day, important data on the U.S. ISM Manufacturing Index is expected. These figures are one of the key indicators of the state of the American economy, reflecting activity in the manufacturing sector. Particular attention will be focused on the index value for April this year. If the indicator exceeds forecasts or shows steady growth, it will be perceived by markets as a positive signal. Strong manufacturing activity is traditionally associated with solid econo... .. read more..
Gold (XAU/USD) slides 1% as concerns rise of prolonged Middle East conflict, ...
Friday, May 1,2026,06:49
Gold slides on Mideast conflict fears and a strong USD. Technical analysis confirms a bearish shift, targeting $4,500 as the ultimate support. Will bulls hold the line? .. read more..
USD/CHF Forecast: US Dollar Drops as Rates Fall - 01 May 2026
Friday, May 1,2026,06:18
USD/CHF dipped sharply before bouncing off the 0.7825 support level, with analysts favoring long positions on dips as the wide interest rate differential and an eventual Swiss franc weakening support a bullish longer-term outlook. .. read more..
Bitcoin seen as US national security issue
Friday, May 1,2026,06:17
Bitcoin posted a solid gain during today's Asian session, marking a positive close to April and the start of the new month. Meanwhile, yesterday, US Secretary of Defense Pete Hegseth made an unusual statement, saying that Bitcoin is a matter of US national security. He said that, over the past decade, Bitcoin had moved from a marginal asset to an instrument discussed not only by investors but also by the military as well and that its decentralized nature and global reach posed new challenges and opened unexpected opportunities for states. He argued that the absence of a single center of control and the ability to transact outside traditional financial systems make Bitcoin both an attracti... .. read more..
Trump comments on Powell's decision to stay
Friday, May 1,2026,06:17
Yesterday, US President Donald Trump said he does not care whether Federal Reserve Chair Jerome Powell remains on the Board of Governors after his term as chair ends. "I don't care if he stays on," Trump told reporters at the White House on Thursday, responding to a question about whether he would take any action in connection with the chair's decision to remain on the Board of Governors. He added that he had merely wanted to ensure Kevin Warsh would become the new Fed chair, referring to his nominee to lead the Board and succeed Powell. Recall that Powell's term as chair expires on 15 May, but he plans to remain on the Board of Governors for an unspecified period. On Wednesday, during wh... .. read more..
Brent Shows No Signs of Retreat. Forecast as of 01.05.2026.
Friday, May 1,2026,06:01
The confrontation in the Middle East has turned into a battle of endurance. Where will the cracks appear first, in Iran's economy or in the global economy? The blockade of the Strait of Hormuz will provide the answer. Let's explore this further and outline a trading plan for Brent. Major Takeaways Iran is reducing oil output due to limited storage capacity. Global oil inventories are rapidly declining. The US is seeking ways out of the crisis. Buying Brent remains relevant with targets at $124 and $125.5. Weekly Fundamental Forecast for Oil Which side will back down first? Donald Trump has... Read full author’s opinion and review in blog of #LiteFinance .. read more..
Commodities rally broadens in April as Middle East disruption tightens global...
Friday, May 1,2026,05:30
Key points: The Bloomberg Commodity Total Return Index rose 4.2% in April, lifting the year-to-date gain to 30%, with all sectors except precious metals posting positive returns. Energy remained the dominant driver, rising 7.7% in April after March’s 40.7% surge, taking the sector’s year-to-date gain to 74% amid continued disruption to global hydrocarbon flows. The impact of the 63-day Middle East war is increasingly spreading beyond crude oil into fuels, gas, fertilisers, industrial metals and agriculture, broadening the rally across the commodity complex. Gold ended the month little changed as oil-driven inflation concerns and higher bond yields created headwinds, although r... .. read more..
EUR/USD: May 1st – The ECB Maintains a Wait-and-See Approach
Friday, May 1,2026,05:22
On Thursday, the EUR/USD pair rebounded from the 38.2% corrective level at 1.1666, reversed in favor of the euro, and rose almost to the 50.0% Fibonacci level at 1.1745. A rebound from the 1.1745 level today will favor the US dollar and a resumption of the decline toward 1.1666. Consolidation above 1.1745 will increase the likelihood of further growth toward the 61.8% corrective level at 1.1824. The wave situation on the hourly chart currently raises no questions. The last completed upward wave did not break the previous peak, while the last downward wave broke the previous low by only a few pips. A temporary truce between Iran and the United States supported the bulls, allowing them to f... .. read more..
GBP/USD: May 1st – The Bank of England Adopted a Moderately Hawkish Stance
Friday, May 1,2026,05:19
On the hourly chart, the GBP/USD pair made a sharp reversal in favor of the British currency on Thursday and rose to the resistance level of 1.3596–1.3620. A rebound from this zone today will favor the US dollar and a resumption of the decline toward the levels of 1.3513–1.3539 and 1.3428–1.3437. A consolidation above the 1.3596–1.3620 level will allow expectations for the continuation of the bullish trend. The wave situation remains bullish. The last completed downward wave did not break the previous low, while the last upward wave broke the previous peak. Geopolitics provided the bears with almost complete dominance in the market for two months, after which the geopolitical backdrop sup... .. read more..
Oil (USCrude) Price Forecast for Today, Tomorrow, Next Week, and Next 30 Days
Friday, May 1,2026,04:59
Forecasting the USCrude price requires taking into account fundamental, geopolitical, and technical factors. The dynamics of crude oil not only shape the global economic environment but also depend heavily on exporting countries' decisions, macroeconomic indicators, and unexpected events. In this review, we will examine the outlook for oil prices over the upcoming trading sessions, assess prospects for the week ahead, and outline key benchmarks for the coming month. The forecast takes into account the current supply-demand balance, speculative positioning, and the latest geopolitical developments. Expert Technical Analysis for USCrude for Today The 4-hour chart shows the following signals... .. read more..
Forex forecast 01/05/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bi...
Friday, May 1,2026,04:39
We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts of exchange rates of the US dollar, euro, ruble, bitcoin, and other currencies for today, tomorrow and this trading week. Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to inc... .. read more..
Gold (XAU/USD) Price Forecast for Today, Tomorrow, Next Week, and the Next 30...
Friday, May 1,2026,04:28
Gold (XAU/USD) is generally regarded as a safe-haven asset. The price of gold is influenced by geopolitical events, inflation rates, and shifts in interest rates. In the face of global economic uncertainty, the precious metal remains the primary defensive asset in investment portfolios. This article examines the factors driving the future of gold quotes and presents a forecast for the day, week, and month ahead. The price analysis encompasses macroeconomic data, political events, and technical analysis to facilitate the most accurate trading forecast for the XAUUSD. Expert Technical Analysis for XAU/USD for Today The 4-hour chart shows the following signals:... Read full author’s opinion ... .. read more..
Market seeks paths to monetization
Friday, May 1,2026,04:25
Enthusiasm over corporate earnings and the AI revolution has overwhelmed concerns about high oil, inflation, and interest rates. As a result, the S&P 500 posted its best monthly performance since 2020 and hit record highs. That happened against a backdrop of mixed action within the Magnificent Seven and broadly positive macro data, which allowed 10 of 11 sectors to close in the green. Monthly S&P 500 performance A strong economy can tolerate higher rates. In that respect, the lowest level of initial jobless claims since 1969 and a 2% GDP expansion in Q1 gave bulls confidence. Business investment was the main growth driver, jumping 10.4% and marking the best showing in three years.... .. read more..
UK House Price Growth Rises Despite Middle East Uncertainty
Friday, May 1,2026,03:59
UK house prices logged a faster growth in April despite geopolitical tensions in the Middle East and rising energy prices, data published by Nationwide Building Society showed Friday. House prices grew by more-than-expected 3.0 percent on a yearly basis in April, following an increase of 2.2 percent in March. Prices were expected to rise again by 2.2 percent. .. read more..
The FX Trader: JPY intervention. It’s for real.
Friday, May 1,2026,03:45
But much more needed to prompt significant JPY reset. The latest Japan’s “top currency diplomat” sparks JPY rally on stern intervention warning. Atsushi Mimura was out early yesterday with the sternest warning yet on the intent to intervene against further JPY weakness. He not only called it a “final” warning, but said potential intervention is in line with a G7 agreement to notify counterparts, including the US when there is risk of excessive volatility. The move was well timed, coming just after USDJPY was allowed to slip well above 160.00 on the latest spike higher in crude oil price and global bond yields. From here, if the JPY is to reset significantly h... .. read more..
EUR/AUD Forecast: Euro Drops Against Aussie as ECB Meets - 01 May 2026
Friday, May 1,2026,03:21
EUR/AUD extends its downtrend as RBA rate hikes, commodity strength, and Europe's energy concerns keep selling pressure elevated, with traders eyeing rallies to fade and a critical breakdown level at 1.61. .. read more..
USD/CAD Forecast: Rangebound Conditions Despite Drop - 01 May 2026
Friday, May 1,2026,03:14
USD/CAD remains range-bound between 1.35 and 1.3750 as easing US 10-year yields weigh on the dollar, with crude oil and tight rate differentials keeping the pair in a consolidation pattern short-term. .. read more..
GBP/USD Forecast: Pound Jumps After BoE - 01 May 2026
Friday, May 1,2026,03:09
The British pound rallied above 1.35 after the Bank of England meeting, with bulls targeting the 1.36–1.37 range, though US bond yields and Middle East geopolitical tensions are likely to keep gains in check short-term. .. read more..
Trading Signals for GOLD on May 1-4, 2026: sell below $4,635 (21 SMA - 6/8 Mu...
Friday, May 1,2026,03:04
Gold is trading around $4,611 after several unsuccessful attempts to break out of the downtrend channel, and it is expected to continue falling toward the lower band of the downtrend channel, around $4,450, in the coming days. If gold consolidates above $4,600 and decisively breaks out of the downtrend channel in the coming hours, we could expect it to continue rising, which could be seen as a positive signal to buy, with targets at the 7/8 Murray level around $4,687. Ultimately, we expect it to reach the 200 EMA around $4,739. A pullback to the 61.8% Fibonacci level around $4,780 could be considered a bearish signal, and we could open long positions if the price encounters rejection belo... .. read more..
Trading Signals for BTC/USD on May 1-4, 2026: sell below $78,125 (21 SMA - 5/...
Friday, May 1,2026,03:02
Bitcoin is trading at $77,122 after forming an ascending wedge pattern, which is showing a positive signal. It is likely to continue rising in the coming days until it reaches the strong 5/8 Murray resistance level around $78,125; it could even reach the upper band of the downtrend channel, which coincides with this same price level. Conversely, if Bitcoin falls below the $77,000 zone, it is likely to retest $75,000 and could even reach the lower band of the downtrend channel, which coincides with the 200 EMA around $74,350. A consolidation on the H4 chart below the psychological $75,000 level could give Bitcoin bearish momentum, and a break below the 200 EMA around $74,300 could push BTC... .. read more..
Silver Price Signal: Silver Continues to See Buyers Near $70 - 01 May 2026
Friday, May 1,2026,03:02
Silver is attracting buyers near the key $70 support level as US interest rates ease, with traders eyeing a potential entry at $72.50 and a target of $79 if the 10-year yield continues to fall. .. read more..
Short-Term Analysis for Oil, Gold, and EURUSD for 01.05.2026
Friday, May 1,2026,03:00
Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is undergoing a correction within the short-term downtrend. Major Takeaways USCrude: Oil is rising from the support A of 101.93–101.39. XAUUSD: Gold is trading in a correction. EURUSD: The euro is rising after reaching the support B at 1.1687–1.1670. Oil Price Forecast for Today: USCrude Analysis Yesterday, the oil price failed to break below the support A at 101.93–101.39. Consequently,... Read full author’s opinion and review in blog of #Lite... .. read more..
Trading Signals for Ethereum (ETH) on May 1-4, 2026: buy above $2,250 (21 SMA...
Friday, May 1,2026,03:00
ETH is trading around $2,284, having consolidated above the 200 EMA and the 21 SMA, forming a symmetrical triangle pattern that could support its bullish cycle. Ethereum is expected to continue rising in the coming days, potentially reaching $2,370. Ethereum was at risk of a sharp decline but managed to consolidate above the 200 EMA, allowing it to recover some of its losses. It is now likely to continue rising in the coming days to reach the 7/8 Murray level around $2,343. Ultimately, ETH is expected to reach the upper band of the downtrend channel around $2,370. If bearish momentum prevails and Ethereum consolidates below the 200 EMA around $2,250, we could expect a sharp drop toward th... .. read more..