http://www.dukascopy.com Market News and Analysis by Dukascopy Bank SA en-us www.dukascopy.com, all rights reserved info@dukascopy.com (Dukascopy Bank) Fri, 03 Apr 2026 17:48:36 +0000 http://www.dukascopy.com/static/images/og/6396.jpg https://www.dukascopy.com 1200 630 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Gold experienced elevated levels of volatility, before closing close to previous weeks closing price at 4500.00. Economic Calendar Analysis Volatility may be slowing down, however any significant fundamental news might increase overall risk re-pricing. XAU/USD short-term forecast Gold is trading around 4,532.71 and recovering from a recent drop, forming a rounded bottom pattern with higher lows, which suggests momentum is gradually turning upward. Mon, 30 Mar 2026 10:32:10 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss FX pair moved to the upside, closing above 160.315. Economic Calendar Volatility may occur, taking considering fundamental data releases from US and Japan. USD/JPY hourly chart analysis USD/JPY on the 1-hour chart is moving within a clear ascending channel, forming higher highs and higher lows since March 20, with price now testing support around 159.65.The structure still favors buyers for now. Price is sitting Mon, 30 Mar 2026 09:25:41 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss EUR/USD saw moderate levels of volatility in the previous week, closing close to 1.1515. Economic Calendar Analysis Fundamental data may provide additional volatility in the market, however US treasury market might have bigger significance in the FX volatility during this week. EUR/USD hourly chart analysis EUR/USD is in a clear downtrend, making lower highs and lower lows while staying under a strong descending trendline Mon, 30 Mar 2026 08:08:23 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Gold moved 10% to the downside, closing close to 4500.00. Economic Calendar Analysis Volatility may rise in metals this week as well. XAU/USD short-term forecast XAU/USD 1-hour timeframe, price action is showing a meaningful attempt at a trend reversal despite the broader context still being bearish. The market has been trading within a well-defined descending channel, where the upper boundary has consistently acted Mon, 23 Mar 2026 15:02:49 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Gold saw move lower in the previous week closing close to 5000.00 Economic Calendar Analysis Volatility may rise in metals this week. XAU/USD short-term forecast XAU/USD is currently in a clear bearish trend, with price forming lower highs and lower lows after a strong drop from around 5250. The sharp decline slowed after the sell-off on the 13th, and the price is now Mon, 23 Mar 2026 13:27:27 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Elevated levels of volatility were observed in previous week, before closing above 159.200. Economic Calendar Lower volatility may be primary scenario, taking considering fundamental data releases from US and Japan. USD/JPY hourly chart analysis USD/JPY dropped sharply to around 157.58 on March 20, then quickly bounced back in a V-shaped recovery and is now hovering near 159.50, just below the key 160.00 level. The Mon, 23 Mar 2026 09:54:59 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss FX pair moved to the upside closing above 1.15700. Economic Calendar Analysis Comparing to previous weeks, overall volatility should be considered moderate. EUR/USD hourly chart analysis EUR/USD is basically moving sideways after a recent push up and is sitting around 1.1530. Price is stuck around the main moving averages, which are all flattening and bunching together. That usually means the market is undecided and Mon, 23 Mar 2026 09:04:14 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss FX pair continued to move to the upside, closing close to 160.000. Economic Calendar Moderate levels of weekly volatility may occur, taking in consideration fundamental data releases and BoJ intrest rate decision. USD/JPY hourly chart analysis USD/JPY pair is currently moving sideways while still sitting inside a larger bullish trend. The price is around 159.33, which is an important level because it matches the Mon, 16 Mar 2026 09:39:06 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Increased overall volatility saw EUR/USD moving down and closing below 1.14180. Economic Calendar Analysis Fundamental data release may enhance overall volatility, only in a scenario if data released deviate from the consensus forecasts. EUR/USD hourly chart analysis EUR/USD 1-hour chart shows a bearish trend, with price moving inside a descending channel and making lower highs and lower lows. The pair is trading below the Mon, 16 Mar 2026 07:42:23 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss GBP/USD remains in a downtrend with intermittent upside volatility, as markets factor in the Middle East conflict and rising inflation risks stemming from higher crude oil prices. Economic Calendar Elevated volatility may persist considering fundamental data releases and UK Treasury market volatility. GBP/USD hourly chart analysis GBP/USD hourly chart shows the pair trading within a broader downtrend, as price remains below the 200-period Thu, 12 Mar 2026 08:46:33 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Gold price action closed lower comparing to the previous week, ending four week bullish trend. Economic Calendar Analysis Overall volatility may rise volatility in metals this week as market participants will make re-assessments regarding risk. XAU/USD short-term forecast Gold is currently trading at 5094.65 and is in a consolidation phase after a recent downtrend. The market is pausing and looking for direction. The Mon, 09 Mar 2026 11:13:29 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss FX pair continued to move to the upside, closing 157.700. Economic Calendar Moderate levels of weekly volatility may occur, taking in consideration fundamental data and re-pricing of global risk which may effect yields in Japanese bonds. USD/JPY hourly chart analysis USD/JPY currency pair is showing a clear bullish trend over the short-to-medium term, with higher highs and higher lows defining the price action. Moving Mon, 09 Mar 2026 10:40:11 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss EUR moved to the downside closing close to 1.16170. Economic Calendar Analysis Volatility is to continue as per previous weeks trend. EUR/USD hourly chart analysis EUR/USD shows a clear bearish trend with lower highs and lower lows. The pair has broken below the key 1.1590 support and is trading around 1.1518 near recent lows. Price is well below the 100-period moving average, which is Mon, 09 Mar 2026 09:15:05 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Gold continued move to the upside, closing close to 5100.00. Economic Calendar Analysis Continuing previous weeks trend, lower levels of volatility may be considered as a primary scenario. XAU/USD short-term forecast Gold is in a strong bullish breakout on the hourly chart, currently trading at 5397.51. After consolidating between 5150.00 and 5215.00, it broke above 5215, which is now a key support level. Mon, 02 Mar 2026 11:22:00 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss The FX pair experienced slight volatility before closing near 1.34850. Economic Calendar Elevated levels of volatility may be considered the primary scenario, driven by BoE rate cut pricing and the Middle East conflict. GBP/USD hourly chart analysis GBP/USD is showing a strong bearish bias after breaking down from its recent consolidation between 1.3450 and 1.3536. The price is trading well below the 50, Mon, 02 Mar 2026 10:45:05 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss FX pair saw lower levels of volatility in the previous week, closing below 1.18200. Economic Calendar Analysis Elevated levels of volatility may be expected as the primary scenario for this trading week. Both fundamental data releases from the United States and the conflict in the Middle East may impact volatility levels. EUR/USD hourly chart analysis The price is now trading below the 50, 100, Mon, 02 Mar 2026 09:15:53 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss GBP/USD saw move to the downside, closing close to 1.34770. Economic Calendar Volatlity may persist for further week in FX pair. GBP/USD hourly chart analysis GBP/USD is in a bearish trend but currently moving sideways in a small pennant or flag pattern. Key levels to watch: resistance at 1.3500 and 1.3530, support at 1.3477 and 1.3436. The price is below SMA 50, 100, Tue, 24 Feb 2026 09:00:07 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Gold continued, move to the upside, closing above 5098.00. Economic Calendar Analysis Continuing previous weeks trend, lower levels of volatility may be considered as a primary scenario. XAU/USD short-term forecast Gold on the 1-hour chart has just broken out of a long sideways range between 4900.00 and 5050.00, surging sharply to about 5180.00. The latest candles show some red, suggesting short-term profit-taking after Mon, 23 Feb 2026 09:25:07 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Previous week saw rising volatility in the FX market , with EUR/USD closing close to 1.17810. Economic Calendar Analysis Low to moderate volatility levels may be considered the primary scenario, however, short-term fluctuations in Treasury yields could impact overall market volatility this week. EUR/USD hourly chart analysis EUR/USD pair is trading around 1.18188, having rebounded sharply from the recent low near 1.17410. Immediate Mon, 23 Feb 2026 08:30:09 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Recovery in the FX pair has been observed in the previous week, FX closing close to above 155.000. Economic Calendar Continuing previous weeks trend, moderate volatility in the FX market may be expected as the primary scenario. USD/JPY hourly chart analysis The USD/JPY is currently around 154.60 after a recent bullish run from February 17th to 20th. It's now in a corrective phase, squeezed Mon, 23 Feb 2026 08:28:43 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Gold saw slight move to thew upside, closing 5035.00. Economic Calendar Analysis Lower levels of volatility may be considered as a primary scenario. XAU/USD short-term forecast XAU/USD is currently around 5003, stuck in a neutral, sideways range after dropping from the 5600 highs. Resistance is at 5090, which if broken could lead toward 5300+, while support lies between 4950 and 5000, and a Mon, 16 Feb 2026 12:00:07 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Further volatility pushed FX down to 152.600 range at close . Economic Calendar Continuing previous weeks trend, moderate volatility in the FX market may be expected as the primary scenario. USD/JPY hourly chart analysis USD/JPY is in a transition phase after a strong bearish correction. The pair is trading below the 100 and 200 SMAs, which keeps the medium-term bias bearish. The 50 SMA Mon, 16 Feb 2026 10:55:03 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss FX recovered towards 1.19150 before moving back and closing close to 1.18680. Economic Calendar Analysis Volatility levels may be considered low for the first half of the week, Friday may bring higher levels of volatility considering fundamental data releases. EUR/USD hourly chart analysis EUR/USD pair is currently in a consolidation phase, with price action tightly trapped between key moving averages, signaling a potential Mon, 16 Feb 2026 10:13:49 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss GBP/USD saw move to the downside closing closer to 1.36100. Economic Calendar Elevated volatility may be anticipated, and gross domestic product data from the United Kingdom may play a more significant role in the FX pair's volatility. GBP/USD hourly chart analysis GBP/USD is trading around 1.3662 after recovering from a dip to 1.3512 earlier in the week. It now faces resistance near the Tue, 10 Feb 2026 12:14:33 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Gold had volatile previous trading week,reaching 4400.00 before closing above 4950.00. Economic Calendar Analysis Overall, a decrease in gold volatility may be considered the primary scenario; however, activity in the Japanese bond market could increase overall market volatility this week. XAU/USD short-term forecast Gold is moving sideways but with a slight bullish tone after last month's volatility. Price is sitting near the long-term Mon, 09 Feb 2026 14:56:05 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Volatile moves in the FX pair saw it recover, closing near 157.200. Economic Calendar Moderate volatility in the FX market may be expected as the primary scenario, considering both recent U.S. economic data releases and the election results in Japan. USD/JPY hourly chart analysis USD/JPY is currently trading at 156.685 after a steady uptrend, but recent price action shows consolidation with a slight bearish Mon, 09 Feb 2026 10:48:54 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss EUR saw slight move to the downside, closing below 1.18170. Economic Calendar Analysis Overall volatility may be considered as moderate if no significant deviation from fundamental data releases occur. EUR/USD hourly chart analysis EUR/USD is neutral, trading at 1.18673 after bouncing from a local low of 1.1772 on February 6. The pair remains in a horizontal range, facing resistance at 1.1900 and 1.1990, Mon, 09 Feb 2026 10:08:00 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Higher volatility moved gold up during first part of the week, before moving over 9% to the downside and closing close to 4860.00. Economic Calendar Analysis Moderate volatility may continue throughout this trading week. XAU/USD short-term forecast XAU/USD is in a corrective phase following a parabolic rally that peaked near record highs on January 29, followed by a sharp pullback. The current price Mon, 02 Feb 2026 12:21:17 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss GBP/USD is heavily bearish, with 74.93% of traders holding short positions compared to only 25.07% in long positions. Economic Calendar Volatility may persist throughout the week, considering fundamental data releases from this week. GBP/USD hourly chart analysis GBP/USD is currently in a corrective phase after a strong bullish run, with price caught between key moving averages, signaling consolidation or a potential trend shift. Mon, 02 Feb 2026 10:50:08 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss FX pair experienced above average volatility during week, before slightly closing above 1.18000. Economic Calendar Analysis Continuing previous weeks trend, moderate levels of volatility may be observed, additional ISM Manufacturing data should be taken in consideration of volatility assessment for this week. EUR/USD hourly chart analysis The price has dropped below the 50 and 100 SMAs, with the 50 SMA nearing a Death Mon, 02 Feb 2026 10:20:08 +0000 https://www.dukascopy.com/swiss/cz/marketwatch/market-news/Trading-Ideas/XAU-USD/rss Trading-Ideas