USDJPY still looks on track to head to above 121.60. In USDCAD the 1.3160 resistance rejection is critical for the bears to keep control. GBPJPY will complete a 3 drive to a top formation at the 50% level of 187.55.


-------

Join us for a unique Forex experience in the FXStreet’s Live Forex Room. The #FXroom is the new Online TV channel 100% Forex. Check the schedule and come!

Daily Schedule

8:00 - 9:00 GMT (4:00 –5:00 EST) Live Europe Market Open
  • Trade and Follow European opening bell with Yohay Elam and ForexCrunch
10:00 - 11:30 GMT (6:00 - 11:30 EST) The Finance Show
  • London online video show covering financial trading and sports with the TipTV team
13:00 – 15:00 GMT (9:00 – 11:00 EST) Live Analysis Room
  • US opening, sharing charts and strategies in community and top traders interviews with Dale Pinkert

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD rises toward 1.0700 after Germany PMI data

EUR/USD rises toward 1.0700 after Germany PMI data

EUR/USD gains traction and rises toward 1.0700 in the early European session on Monday. HCOB Composite PMI in Germany improved to 50.5 in April from 47.7 in March, providing a boost to the Euro. Focus shifts Eurozone and US PMI readings.

EUR/USD News

GBP/USD regains 1.2350 ahead of UK PMIs

GBP/USD regains 1.2350 ahead of UK PMIs

GBP/USD is recovering ground above 1.2350 in the European session, as the US Dollar comes under fresh selling pressure on improving risk sentiment. The further upside in the pair could be capped, as traders await the UK PMI reports for fresh trading impetus. 

GBP/USD News

Gold price flirts with $2,300 amid receding safe-haven demand, reduced Fed rate cut bets

Gold price flirts with $2,300 amid receding safe-haven demand, reduced Fed rate cut bets

Gold price (XAU/USD) remains under heavy selling pressure for the second straight day on Tuesday and languishes near its lowest level in over two weeks, around the $2,300 mark heading into the European session.

Gold News

PENDLE price soars 10% after Arthur Hayes’ optimism on Pendle derivative exchange

PENDLE price soars 10% after Arthur Hayes’ optimism on Pendle derivative exchange

Pendle is among the top performers in the cryptocurrency market today, posting double-digit gains. Its peers in the altcoin space are not as forthcoming even as the market enjoys bullish sentiment inspired by Bitcoin price.

Read more

Focus on April PMIs today

Focus on April PMIs today

In the euro area, focus today will be on the euro area PMIs for April. The previous months' PMIs have shown a return of the two-speed economy with the service sector in expansionary territory and manufacturing sector stuck in contraction. 

Read more

Majors

Cryptocurrencies

Signatures