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) Mon, 13 Jul 2026 18:33:42 +0000 http://www.dukascopy.com/static/images/og/6396.jpg https://www.dukascopy.com 1200 630 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155452/ Throughout the first half of 2026, gold repeatedly tested the 4000.00 price level while remaining in a downtrend. Economic Calendar Analysis XAU/USD short-term forecast On the daily timeframe, the asset exhibits micro-compression directly within the larger structural decline, revealing subtle short-term consolidation patterns just above the critical baseline. The current price of 4059.975 highlights a sequence of lower highs and relatively flat lows Mon, 13 Jul 2026 11:38:08 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155452/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155408/ EUR/USD saw a move towards 1.13800 price zone in the near term and retested it in the previous trading week. Economic Calendar Analysis From a fundamental perspective, no major news or economic data releases are expected to serve as catalysts for increased volatility in EUR/USD this week. EUR/USD daily chart analysis The daily charts reveals a bearish trend dictated by a strong descending trendline Mon, 06 Jul 2026 12:45:19 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155408/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155370/ Amid lower overall volatility, GBP/USD is trading around the 1.31650 price zone and has risen above the 1.32440 price zone. Economic Calendar Although the Bank of England's Credit Conditions Survey and Financial Stability Report will be released, overall volatility is expected to remain low in the near term, except in the event of a sudden surge in demand for the U.S. dollar. GBP/USD Wed, 01 Jul 2026 11:31:42 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155370/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155333/ The Japanese yen has reached a historic 40-year low, with USD/JPY advancing toward the 162.500 price zone. Economic Calendar Volatility is expected to increase on Wednesday and Thursday as upcoming U.S. dollar-related events and economic data could drive stronger price movements across the FX market. USD/JPY Daily chart analysis The USD/JPY daily chart indicates a strong short-term bullish trend, with price consistently trading above Tue, 30 Jun 2026 07:23:06 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155333/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155326/ Gold has moved lower, testing 4000.00 price level. Economic Calendar Analysis Further retesting of 3950.00 price level may occur at the end of the current trading week, however next weeks fundamental data releases may push further volatility in the market. XAU/USD short-term forecast On the 4-hour chart for XAU/USD remains in a clear downtrend, guided lower by a strict descending trendline and a downward-sloping 60-period SMA (at 4188.313). Fri, 26 Jun 2026 10:58:09 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155326/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155313/ After rejection of 1.16100 price zone rejection, FX pair has move lower towards 1.13500 price zone. Economic Calendar Analysis The upcoming ISM Manufacturing PMI report could increase overall market volatility in the near term. In addition, end-of-June auctions of shorter-maturity U.S. Treasuries may present attractive opportunities if the results are received negatively by market participants. EUR/USD daily chart analysis The price has recently accelerated Thu, 25 Jun 2026 10:42:18 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155313/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155300/ GBP/USD experienced increased volatility during the second half of the week, testing the 1.31850 price zone. Economic Calendar Although market volatility remains relatively low in light of recent fundamental releases, next week's U.S. 2-Year Treasury auction and GDP data may increase uncertainty and a rise in volatility across financial markets. GBP/USD Daily chart analysis GBP/USD remains decisively bearish, as the pair continues to Fri, 19 Jun 2026 13:21:36 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155300/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155277/ Gold recently retested the 4000.00 price level and subsequently bounced back to 4300.00. Economic Calendar Analysis Forward guidance from the Federal Reserve may prove crucial, given that gold prices have climbed back to levels seen at the beginning of 2026. As a result, market participants may begin to reassess the strength of the inflation-hedge narrative supporting gold. XAU/USD short-term forecast 4-hour XAU/USD intraday structure Wed, 17 Jun 2026 11:42:47 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155277/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155265/ FX pair recovered towards 1.15670 level, amid low volatility levels. Economic Calendar Analysis While the Federal Reserve's interest rate decision is a high-impact event, the market broadly expects rates to remain on hold, suggesting that this outcome is largely priced in. As a result, the Federal Reserve Chair's forward guidance could prove to be the more significant catalyst for FX market volatility. EUR/USD Tue, 16 Jun 2026 09:56:32 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155265/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155251/ The first half of 2026 was a driven by shifting from early-year inflation anxieties to a powerhouse tech-driven rally. Persistent worries over higher-for-longer interest rates initially dragged the index into a notable spring slump, but this downward trend was swiftly reversed by blockbusting corporate earnings and relentless institutional spending on artificial intelligence infrastructure. Index maintains a strongly bullish structure on Mon, 15 Jun 2026 12:23:15 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155251/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155249/ Following form a recovery from 155.000 price zone FX pair has initially rejected 160.500 price. Economic Calendar Elevated Volatility Levels Should be considered as a primary scenario taking in fundamental data releases from Japan and Interest rate decision as well. Consensus expectation is that a hike should follow from BoJ. USD/JPY hourly chart analysis USD/JPY is trading in a highly constructive ascending channel, currently consolidating Mon, 15 Jun 2026 11:07:18 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155249/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155214/ In the begining of current trading week GBP/USD has recovered towards 1.34000. Economic Calendar Towards trading week volatility may rise due to fundamental data releases coming outside United Kingdom, also, market volatility may bring additional volatility in the FX. GBP/USD Daily chart analysis GBP/USD daily chart confirms the bearish momentum observed on the higher timeframe, with price action firmly entrenched in a short-term Wed, 10 Jun 2026 10:04:20 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155214/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155198/ FX pair has seen draw-down since mid-April, currently reaching 1.15430 price level. Economic Calendar Analysis Volatility may increase toward the end of the trading week, driven by the upcoming CPI and PPI releases. The forthcoming Federal Reserve interest rate decision should also be considered a potential catalyst for additional volatility. While market consensus currently favors a "wait-and-see" approach and any immediate change Tue, 09 Jun 2026 08:16:45 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155198/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155190/ Friday's increase in market volatility pressured gold prices to the downside, with the metal settling near the 4330.00 level. Economic Calendar Analysis Looking ahead, expectations for further interest rate hikes could challenge gold's appeal as an inflation hedge throughout the remainder of 2026. While the latest Commitment of Traders (COT) report indicate a notable increase in net-long positioning among market participants on a week-over-week basis, the prospect Mon, 08 Jun 2026 10:26:05 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155190/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155161/ FX pair has recovered from the recent lows towards 1.34460 price level. Economic Calendar Continuation of low overall volatility should be considered as a primary scenario for the ongoing trading week. GBP/USD hourly chart analysis GBP/USD features a tight consolidation grid, with the pair stabilizing at 1.34455 as it hovers directly over its critical horizontal pivot floor at 1.34318. This solid baseline has absorbing every bearish probe Wed, 03 Jun 2026 08:28:25 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155161/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155144/ Over the month of May FX pair has recovered form 155.000 lows to almost 160.000. Economic Calendar Elevated volatility may rise towards end of week and continue in the next week taking in consideration fundamental data releases regarding Japan's GDP numbers and monetary base data, also scheduled Bond Purchases may further rise volatility. USD/JPY hourly chart analysis USD/JPY is trading in a highly constructive ascending channel, currently consolidating at Tue, 02 Jun 2026 09:19:55 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155144/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155134/ Overall decrease in volatility in Gold has stabilized overall price, closing close to 4550.00 Economic Calendar Analysis Implied volatility may be considered low, however crucial fundamental data may reassess gold pricing for the near term. XAU/USD short-term forecast The short-term price action indicates a bearish trend as the asset consistently forms lower highs while remaining trapped beneath a downward-sloping resistance trendline and the 48-period Mon, 01 Jun 2026 09:05:07 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155134/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155117/ Lower levels of overall volatility were observed during previous trading week, that has stabilized FX, trading above 1.16400. Economic Calendar Analysis Normal volatility levels may bee seen as a primary scenario for the upcoming trading week however, first part of trading week may provide fundamental data from United States that may increase overall volatility. EUR/USD Hourly chart analysis The hourly price action Fri, 29 May 2026 10:35:30 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155117/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155086/ FX pair saw upside move on Monday, recovering towards 1.34500. Economic Calendar Decrease in overall volatility may be considered as primary scenario however overall risk increase in the market, via bond markets, may increase forward pricing of the FX. GBP/USD hourly chart analysis On the 1-hour GBP/USD chart, the market exhibits a consolidation pattern characterized by low volatility and narrowing range, as Thu, 21 May 2026 09:09:16 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155086/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155064/ EUR/USD has seen increased volatility in the first part of the current trading week, moving below 1.16000. Economic Calendar Analysis Elevation in the longer end of the U.S. yield curve may further increase overall volatility in the current trading week. EUR/USD daily chart analysis EUR/USD daily chart exhibits a clear bearish bias as price actions breaks below the key 1.16750 - 1.17000 consolidation Wed, 20 May 2026 07:22:14 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155064/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155029/ Politically, the current week has been quite uncertain for the UK's current government. Further concerns regarding the UK government's financing have also impacted GBP/USD. Economic Calendar Elevated volatility may be anticipated, as fundamental data releases regarding the health of the UK economy, along with the possibility of the Prime Minister's resignation, could further increase implied volatility. GBP/USD hourly chart analysis The GBP/USD 1-hour Wed, 20 May 2026 06:56:21 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155029/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155054/ USD/JPY has seen recovery from the recent 156.000 lows, recovering towards 159.000. Economic Calendar Import-export data may play an important role in FX market volatility this week. USD/JPY hourly chart analysis The USD/JPY hourly chart reveals a highly structured, steady ascending channel that complements the daily bullish momentum, with price action grinding consistently higher to its current level of 159.126. Buyers are firmly in Tue, 19 May 2026 07:35:09 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155054/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155042/ Amid the rise in dollar strength and rising JGB yields during Friday's trading session, gold experienced elevated volatility and closed below 4550.00. Economic Calendar Analysis XAU/USD short-term forecast XAU/USD 1H chart shows a dominant bearish trend from the 4748 high, which has paused to form a consolidation base above critical support at 4485. The immediate price action is testing a pivotal inflection Mon, 18 May 2026 09:25:30 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155042/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155031/ As this trading week is entering weekend break, FX pair has seen higher overall volatility and has moved below 1.16400 price level. Economic Calendar Analysis Although there is no significant fundamental data that could impact the outlook for FX prices, medium-level volatility may be taken into consideration for next trading week, as the newly appointed Fed chair and their future policy Fri, 15 May 2026 12:16:38 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/155031/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154967/ EUR/USD experienced slight volatility elevation in the previous week and moved to the upside, closing near 1.17850. Economic Calendar Analysis Above average volatility may be considered as a primary scenario for EUR/USD. As previously mentioned, Upcoming Auction results may rise further repricing of 3-Year, 10-Year and 30-Year yields may have higher impact on the overall dollar position in the market, in Mon, 11 May 2026 09:40:50 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154967/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154953/ FX pair has slowly moved to the upside reaching 10 weeks high. Economic Calendar Overall, market volatility may increase toward the end of the week, following a series of significant fundamental data releases from the US and UK. Furthermore, the 5-year gilt auction scheduled for May 12th represents a notable opportunity set, contingent upon the market's ability to stabilize and absorb debt more Fri, 08 May 2026 15:16:57 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154953/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154948/ Gold is currently entering a critical phase of price discovery following a mid-term corrective cycle. By synthesizing historical return distributions with current technical indicators across Daily and H1 time-frames. Economic Calendar Analysis The scheduled April CPI release on, May 12, 2026, represents the primary fundamental catalyst for a volatility expansion, as well 10-year note auction results may bring additional adjustment of gold Fri, 08 May 2026 13:07:16 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154948/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154905/ EUR/USD has traded unbiased, trading below this week's open. Economic Calendar Analysis Fundamental data release impact may be considered low towards EUR/USD this week. Upcoming Auction results may rise further repricing of 3-Year, 10-Year and 30-Year yields may have higher impact on the overall dollar position in the market. EUR/USD hourly chart analysis The EUR/USD 1-hour chart indicates that the pair is trading at Wed, 06 May 2026 08:33:20 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154905/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154850/ Gold closed near 4700.00. Economic Calendar Analysis Lower levels of volatility may be considered as a primary scenario, if no significant geopolitical events occur this week. XAU/USD short-term forecast The current technical outlook for XAU/USD is cautiously bearish as the price continues to trade below the long-term SMA 180, following a clear trend reversal initiated by a bearish moving average crossover earlier in Mon, 27 Apr 2026 10:03:48 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154850/ Trading-Ideas https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154847/ EUR/USD experienced some volatility and closed near 1.17180 price level. Economic Calendar Analysis Fundamental data release impact may be considered low towards EUR/USD this week. EUR/USD hourly chart analysis On the 1-hour timeframe, EUR/USD is showing a short-term bullish recovery after bouncing from the 1.16780 low, forming higher lows and breaking out of a recent consolidation range. Price has moved above the 50 SMA, Mon, 27 Apr 2026 09:18:47 +0000 https://www.dukascopy.com/swiss/pt/marketwatch/market-news/Trading-Ideas/DUK+/154847/ Trading-Ideas