EUR/USD holds firm above 1.1750 as risk flows dominate
EUR/USD stays firm above 1.1760 in European trading hours on Wednesday, bolstered by improved risk sentiment, which dents the US Dollar's safe-haven appeal. Confidence returned on headlines indicating the United States and Iran are moving towards a deal to end the conflict. The deal would involve both sides lifting restrictions on transit through the Strait of Hormuz.
USD/JPY off lows, still down 1% on likely 'Yentervention'
USD/JPY is off ten-week lows but remains heavy near 156.00 in early Europe on Wednesday. Markets speculate another round of FX intervention by Japan's authorities behind the latest leg up in the Japanese Yen, keeping the bearish pressure intact on the currency pair.
Gold continues scaling higher; retakes $4,700 amid peace deal hopes
Gold extends its intraday ascent and climbs to an over one-week high, re-attempting $4,700 in Wednesday's European session. The US Dollar weakens across the board amid optimism over a potential US-Iran peace deal, helping the commodity to build on its recovery from a more than one-month trough, around the $4,500 mark set on Monday.
ADP Employment Report set to show US job market gained momentum in April
Developments in the Middle East conflict are likely to remain at the forefront this week, but investors will also keep an eye on a string of US labour market figures.
DEEPER DIVE
The RBI’s problem with the Indian Rupee has no easy fix Premium
The Indian Rupee’s drama continues despite the RBI’s recent aggressive interventions and regulatory curbs. While these actions have caused the sharpest single-day gains in years, their effect has been wiped out in a matter of days. So why is every RBI move failing to break the Rupee’s downtrend?
Yentervention: Will it stick this time? Premium
Japan’s first intervention in the Forex market in almost two years shows that authorities are serious about preventing the sharp depreciation of the Yen. While the move may work in the short term, any significant reversal of the trend is unlikely because Tokyo has little to no control over the factors that are currently weakening the Yen.
UAE quits OPEC: The cartel’s grip on Oil just weakened
The UAE’s decision to leave OPEC is more than a policy shift. It is a signal that one of the cartel’s most ambitious producers no longer sees quotas as compatible with its long-term strategy, and this could have important implications for Oil.
CRYPTOCURRENCIES
Meme Coins Price Prediction: DOGE rallies, SHIB breaks out, PEPE holds bullish structure
Dogecoin, Shiba Inu, and Pepe extend their gains this week as improving market sentiment across meme coins supports them. DOGE leads the gains after climbing above $0.115, while SHIB confirms a breakout from its consolidation range, signaling a potential rally ahead.
Crypto Overview: Short squeeze crosses $300 million as Zcash and Toncoin lead altcoin rally
Bitcoin extending gains above $81,000 at press time on Wednesday fuels a broader market recovery. Bullish sentiment is gaining strength as the excessive short-side liquidations cross $300 million over the last 24 hours.
Top 3 Price Prediction: BTC and ETH challenge resistance, XRP shows strength
Bitcoin, Ethereum, and Ripple extend gains rising over 3.4%, 2%, and 2% respectively so far this week. BTC and ETH are approaching their key resistance zones that could determine their next directional move.
STOCKS
Google Elliott Wave cycle near completion, larger three-wave pullback ahead
Google (GOOGL) has continued to achieve new all‑time highs since establishing a key low on March 31. The advance from that point is unfolding as a five‑wave impulse under Elliott Wave principles.
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: War and central banks in the limelight Premium
The EUR/USD pair ended a three-week winning streak and settled below the 1.1700 mark as the US Dollar strengthened amid Middle East uncertainty.
Bitcoin: Two months down and two months up, what's next?
Bitcoin (BTC) price is extending its recovery, trading above $77,400 on Friday after a mild pullback earlier this week.
Week ahead – Nonfarm Payrolls and RBA in focus amid Middle East uncertainty
Nonfarm payrolls enter spotlight after hawkish Fed. RBA prepares for its third straight interest rate hike. Canada employment report comes out alongside the NFP.
EDUCATION
Prop trading in the United States: Why more traders are looking at futures
The United States is a major financial market, but it is much more restrictive for retail traders who want to try prop trading. As a result, US traders face a different prop-trading environment than those in Europe, Asia, or offshore locations.
How to detect market mispricings and turn them into high-probability trades
On Monday, GBP/USD was climbing. Most traders looking at the chart saw a bullish move and were either already long or thinking about buying the pullback. But the fundamentals were telling a completely different story — the dollar should have been strengthening.
PRESS RELEASES
PU Prime Champions Global Excellence as regional sponsor of AFA with the launch of “PU World Cup 2026”
As the world prepares for the most anticipated sporting event on the planet, PU Prime, a leading global brokerage and regional sponsor of the Argentine Football Association (AFA), is proud to announce the launch of the “PU World Cup 2026” campaign.
Blueberry Funded joins Propinder: Australian broker-backed prop trading reaches FXStreet's global audience
Propinder, the free prop trading challenge finder powered by FXStreet, announces Blueberry Funded as a launch partner.
Audacity Capital joins Propinder: Over $245 million paid to traders over 14 years
Propinder, the free prop trading challenge finder powered by FXStreet, announces Audacity Capital as a launch partner.