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Fri, May 1st, 2026

Forex Market Overview

Fri, May 1st, 2026
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Range Bound and Restless as the Loonie Weighs Oil and a Softening Dollar

The Canadian dollar staged a notable recovery in April 2026 after breaking down from support in late March, with buyers bidding prices back through the 0.730 consolidation range midpoint and the 2026 yearly...

AUDUSD Upside Resumes as Pullback Attracts Buyers

AUDUSD is recovering very nicely, as we identified that the three-wave retracement from the March highs likely completed at 0.6833, followed by a strong move out of the corrective channel, which confirmed...

Dollar Weakens as Japan Intervenes in Forex Market to Support the Yen

The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government...

DXY00 : 97.738 (-0.32%)
GCM26 : 4,660.3 (+0.66%)
SIN26 : 77.205 (+4.29%)
^USDJPY : 156.447 (-0.11%)
^EURUSD : 1.17826 (+0.44%)
Why is the Australian Dollar Rallying?

Given its geography, political system, and abundant mineral resources, Australia is a unique country. The Australian dollar could be in the early stages of a bullish trend.

^AUDUSD : 0.72257 (+0.34%)
FXA : 71.54 (+0.27%)
Dollar Falls as the Yen Rallies on Intervention Talk

The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.67%. Today’s +2% rally in the yen is weighing on the dollar after Japanese Finance Minister Satsuki Katayama warned that Japan...

DXY00 : 97.738 (-0.32%)
GCM26 : 4,660.3 (+0.66%)
SIN26 : 77.205 (+4.29%)
^USDJPY : 156.447 (-0.11%)
^EURUSD : 1.17826 (+0.44%)
Kiwi Strength Builds as NZDUSD Recovery Continues

NZDUSD is pushing nicely to the upside since the start of the month, after we identified a completed ending diagonal around 0.5681. From there, we’ve seen a strong and impulsive reversal, which suggests...

Forex Market Map

EUR/USD
+0.45%
GBP/USD
+0.38%
AUD/USD
+0.35%
EUR/GBP
+0.07%
USD/CAD
-0.11%
USD/JPY
-0.13%
USD/CHF
-0.43%

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CBOE Volatility Index $VIX falls to its lowest level in 3 months 📉 No Fear left in the market 🫡 https://t.co/9VtzQ4dgrN
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Global Robotaxi market is forecasted to be larger than $400 Billion within the next decade 🚨🚨🚨 https://t.co/KY1U0UiRE8
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Inflation about to take off according to the Bond Market 🚨🚨 https://t.co/PES0Sgiffz https://t.co/Ywayb2g68s
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Our latest video, "How to Time Entries & Exits Like a Pro (Day of Action Strategy)," is now available on YouTube!Link: https://t.co/QtyjfwWBL9 https://t.co/7NjyRqNJfQ
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Shiller PE Ratio hits 2nd highest level of all-time, only slightly behind the Dot Com Bubble 🚨🚨🚨 https://t.co/Se55FZmnbZ
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Alphabet $GOOGL now just about $200 Billion away from catching Nvidia $NVDA as the World's Most Valuable Company 🚨🚨🚨 https://t.co/p72e84KWMv
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Warren Buffett Says the 2026 Stock Market Dip Isn’t Big Enough: ‘If There is a Big Decline, We Will Deploy’ Capitalhttps://t.co/QgIcOqAB9p
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BREAKING 🚨: JapanJapan's 10-Year Yield hits highest level this century https://t.co/v50Kfb9hIw
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JUST IN 🚨: S&P 500 hits 7,200 for the first time in history 📈🥳🫂 https://t.co/ASnerytvHi

Forex Long Term Trends

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