Freemium Content

April 10, 2026

Chart USD/CAD Update: Consolidating test of 1.3795/00 - studies under pressure

April 10, 2026 4:30 PM UTC

The test of strong support at the 1.3795 Fibonacci retracement and congestion around 1.3800 is giving way to consolidation

This week's five highlights

April 10, 2026 11:00 AM UTC

2-Week Ceasefire, Then?
U.S. March Energy to surge in CPI
U.S. Personal Income slips, Core PCE Prices remain firm
This Week's Fed Speakers
RBNZ Inflation Forecast Revised Higher

China: Oil boosts PPI but CPI Less

April 10, 2026 7:37 AM UTC

• Given lags and the still elevated oil prices for Q2/Q3 delivery it is likely that PPI will be further boosted in the coming months. This could boost 2026 China CPI by around 0.3-0.4% and we changed our 2026 forecast to 1.4% in the March Outlook (here) -- the higher price of Fertilizers wi

Chart GBP/USD Update: Pressuring the 1.3430 Fibonacci retracement - studies rising

April 10, 2026 7:25 AM UTC

Cautious trade has given way to a test above resistance at 1.3430 Fibonacci retracement

Chart GBP/USD Update: Consolidating, room for further gains

April 10, 2026 2:01 AM UTC

Consolidating retest of the 1.3480 March high but pressure remains on the upside

April 09, 2026

North American Summary and Highlights 9 Apr

April 9, 2026 7:53 PM UTC

Overview - Cautious optimism that progress towards peace in Lebanon could be made, thus easing a key obstacle to peace in the Gulf, saw the USD lose some ground.

Chart USD/CAD Update: Lower in both USD- and CAD-driven trade

April 9, 2026 3:56 PM UTC

Cautious trade is giving way to further losses in both USD- and CAD-driven trade

Preview: Due April 10 - U.S. March CPI - Energy to surge, but core rate seen similar to February

April 9, 2026 1:39 PM UTC

We expect March CPI to surge by 1.0% overall, which would be the strongest rise since June 2022, seen in the aftermath of the Russian invasion of Ukraine. However we expect only a moderate increase ex food and energy, of 0.22% before rounding, which would match that seen in February.

Chart GBP/USD Update: Consolidating sharp gains

April 9, 2026 7:33 AM UTC

Sharp gains have met selling interest just beneath congestion resistance at 1.3500

Chart GBP/USD Update: Consolidating test of 1.3480 March high

April 9, 2026 2:01 AM UTC

Break above the 1.3400/12 level and 200-day MA saw gains to retest the 1.3480 March high before settling back in consolidation

April 08, 2026

North American Summary and Highlights 8 Apr

April 8, 2026 7:54 PM UTC

Overview - The USD was softer on the Middle East cease fire, but doubts over whether it would last built in the North American afternoon.

Chart USD/CAD Update: Leaning lower

April 8, 2026 4:21 PM UTC

Anticipated losses have tested below congestion support at 1.3850

Eurozone: Manufacturing Seeing Excess Supply Not Excess Demand

April 8, 2026 11:13 AM UTC

In Europe generally, but especially in the EZ, it will be manufacturing that will bear the brunt of the recent jump in energy prices, where industrial electricity prices even before the conflict started were among the highest globally. While high energy costs affect all sectors, manufacturing’s re

Chart GBP/USD Update: Sharp bounce

April 8, 2026 7:52 AM UTC

Cautious trade has given way to a sharp USD-driven bounce

Chart GBP/USD Update: Extending sharp rally

April 8, 2026 2:09 AM UTC

Consolidation above the 1.3160/75 lows has given way to sharp bounce through the 1.3300 level to reach 1.3400/15 level and 200-day MA

April 07, 2026

North American Summary and Highlights 7 Apr

April 7, 2026 7:55 PM UTC

Overview - The USD was weaker as markets doubted whether Trump would follow through on extreme threats against Iran, with a Pakistani cease fire proposal raising hopes near the close.

Chart USD/CAD Update: Strong support at 1.3870

April 7, 2026 4:26 PM UTC

Little change, as prices extend cautious trade above congestion support at 1.3900

Despite Monthly Pressures and Risks Persist, Inflation Eased to 30.9% in March

April 7, 2026 11:53 AM UTC

Bottom line: Turkish Statistical Institute (TUIK) announced March inflation figures, and Turkiye’s inflation edged down to 30.9% despite inflationary risks. The moderate slowdown in March was supported by the sliding tax system and the normalization in food prices after Ramadan. Our average infla

Chart GBP/USD Update: Limited tests higher - background under pressure

April 7, 2026 7:34 AM UTC

Consolidation above congestion support at 1.3200 is giving way to a drift higher

Chart GBP/USD Update: Consolidating above 1.3175/60 lows

April 7, 2026 1:48 AM UTC

Limited on break below the 1.3200 level as prices turned up in consolidation from the 1.3175 low to unwind oversold intraday and daily studies

April 06, 2026

Chart GBP/USD Update: Under pressure

April 6, 2026 2:02 AM UTC

Under pressure as break of the 1.3200 level expose the 1.3160 low of last week to retest

April 03, 2026

North American Summary and Highlights 3 Apr

April 3, 2026 5:29 PM UTC

Overview - The USD was lifted by a strong US non-farm payroll. Middle East worries persisted.

U.S. March Employment - Strong report suggests risks clearly higher on the inflation side

April 3, 2026 1:27 PM UTC

March’s non-farm payrolls is clearly on the strong side of expectations, up by 178k and an even stronger 186k in the private sector, with minimal net downward revisions of 7k. Unemployment unexpectedly fell to 4.3% from 4.4%. Less positive are a lower than expected 0.2% rise in average hourly earn

April 02, 2026

North American Summary and Highlights 2 Apr

April 2, 2026 7:01 PM UTC

Overview - The USD remained firmer after Trump’s Wednesday speech but edged off its highs in part due to Iranian claims that it was working with Oman to allow traffic through the Strait of Hormuz.

Chart USD/CAD Update: Back in consolidation

April 2, 2026 4:20 PM UTC

Anticipated tests lower have proven shallow