Australian dollar rose 1.2% against its US counterpart on Wednesday and hit the highest since June 2022. The rally was sparked by the media report signaling that US-Iran war might be near the end that revived demand for riskier assets. Today’s advance broke about two-week consolidation range (0.7222/27) as well as above upper 20-d Bollinger…
Key takeaways Intervention-driven downside resumes: USD/JPY plunged 2.4% to a two-month low after Japan’s ~$34.5B intervention on Thursday, 30 April, with a sharp intraday drop on today, 6 May, hinting at a possible second round of intervention. Rebound likely a dead cat bounce: The 1.5% recovery to 157.94 appears corrective within a newly formed short-term…
AUD/USD started a fresh increase above 0.7175 and 0.7200. NZD/USD is also rising and might aim for more gains above 0.5950. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started a steady increase above 0.7150 against the US Dollar. There was a break above a bearish trend line with resistance…
Daily Pivots: (S1) 1.6240; (P) 1.6307; (R1) 1.6347; More… EUR/AUD’s fall from 1.6824 resumed after brief consolidations and intraday bias is back on the downside. Decisive break of 1.6125 low will confirm resumption of whole down trend from 1.8554. For now, risk will stay on the downside as long as 1.6371 resistance holds, in case…
Welcome to today’s Market Blast. Today, we will take a look at Forex Trading on Gold, XAUUSD, USD Index, USDCAD, NZDUSD, and AUDUSD. We don’t often look at weekly charts, but I just wanted to illustrate this bull run on AUDUSD and, in fact, all AUD pairs, all this year. The RBA just increased their…
According to Santiment, in early May large holders acquired more than 140,000 ETH within 96 hours. This demand is forming against a backdrop of growing corporate interest in Ethereum as a reserve asset: Bitmine Immersion Technologies holds over 5 million ETH. At the same time, an opposing trend is emerging: total assets under management in…
CHICAGO, May 5, 2026 – Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, today announced the expansion of TT FX, with a range of new features for institutional foreign exchange (FX) and precious metals traders to deliver comprehensive over-the-counter (OTC) trading through TT. The expanded release extends the firm’s FX…
New York, NY, May 05, 2026 (GLOBE NEWSWIRE) — As global forex markets become increasingly fast-moving and data-driven, investors are rethinking how trading decisions are made. In 2026, the ability to process real-time information and execute trades efficiently has become a defining factor in market performance. AriseAlpha introduced its free AI forex trading bot ,…
The US Dollar recovered a good part of its losses in the early week, forming a key double-bottom – More upside to come? With Oil bouncing back above $105, its correlation with the FX Market picks up again US Dollar Index (DXY) in-depth Technical Analysis The US Dollar regained much of its early-week losses and…
New York, NY, May 05, 2026 (GLOBE NEWSWIRE) — As global currency markets continue to expand, automation and artificial intelligence are playing an increasingly important role in how investors engage with forex trading. AriseAlpha announced the release of its free AI forex trading bot , designed to help investors participate in currency markets through data-driven strategies…