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, 31 Aug 2026 18:14:15 +0000 http://www.dukascopy.com/static/images/og/6396.jpg https://www.dukascopy.com 1200 630 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155743/ Last week bitcoin climbed over 19% reaching 80000.00 level resistance and has breached 26- moving averages. This surge may be reinforced by a weekly MACD bullish, shifting possibly momentum back to bullishness. Overall real negative rates situation globally (excluding United States) may assist for a Q4 rally thesis for the whole Cryptocurrency market. Further bullish momentum that would be represented Wed, 26 Aug 2026 13:31:54 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155743/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155742/ Overall weaker dollar has helped to push FX higher during previous weeks, towards 1.36200 price zone. Economic Calendar Volatility may rise of overall data observation regarding United States fundamental data releases trough-out end of August and moving into September. It is worth noting that Jackson Hole Symposium, an international economic conference, will occur during this trading weekend where government representatives, economists, and Wed, 26 Aug 2026 11:57:23 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155742/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155705/ After unpresented intervention of United States, USD/JPY currency pair saw a decline, to 155.200 before recovering to sub 158.500 price level. Economic Calendar USD/JPY 1-Hour chart analysis The USD/JPY 1-hour chart is currently characterized by a distinct period of range-bound consolidation following the sharp early August drop from the 164.00 handle. The initial aggressive sell-off has paused, and price action has settled into a well-defined Fri, 21 Aug 2026 12:54:25 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155705/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155685/ EUR/USD has reached resistance price zone of 1.160000. Economic Calendar Analysis Next trading week might see higher implied volatility as GDP, Jobs report numbers will be presented form the United States. Also, Jackson Hole Symposium might act as a forward looking guide for the market. EUR/USD Daily chart analysis EUR/USD is breaking out above the upper boundary of its multi-month descending channel near Mon, 17 Aug 2026 12:49:33 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155685/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155658/ Gold has moved higher in the last last week closing above 4300.00 price. Economic Calendar Analysis This week's CPI and PPI figures may be considered high-impact events, as further evaluation of inflation is necessary for overall market participants. XAU/USD Hourly chartXAU/USD 1-hour chart displays a strong bullish momentum following a clear breakout above its long-term descending trendline near 4080.00- 4100.00, with the 48-period Wed, 12 Aug 2026 11:00:41 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155658/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155597/ GBP/USD has retraced from July Highs towards 1.33750 price zone. Economic Calendar Low near-term volatility may be considered the primary scenario, as no significant deviation from the Bank of England's decision has occurred. Further demand for the U.S. dollar may have a greater impact on the overall valuation of the exchange rate. However, the likelihood of elevated or outsized volatility remains low Thu, 30 Jul 2026 11:49:33 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155597/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155594/ FX has moved to the upside, towards 1.14800 price zone. Economic Calendar Analysis EUR/USD Hourly chart analysis The EUR/USD 1-hour chart shows a strong bullish trend following a recent sharp rally to a peak near 1.1476, with the current price pulling back to 1.14471 in a healthy consolidation phase. Immediate support sits at 1.1429 (the 24-period SMA line), followed by horizontal support at Thu, 30 Jul 2026 08:36:00 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155594/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155584/ Price of gold has stabilized and levelled out while testing 4000.00 price Zone.. Economic Calendar Analysis The Federal Reserve's interest rate policy may be considered the primary indicator of overall market consensus regarding inflation expectations for the remainder of 2026. According To CFTC, During June and July 2026, Money Manager net long positioning in gold recovered from its spring lows, rising from 24.29% Wed, 29 Jul 2026 10:02:56 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155584/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155523/ A steady decline in EUR/USD has been the prevailing trend since February, with the pair falling below the 1.14200 level. Economic Calendar Analysis Volatility may increase primarily following the results of the U.S. 10-year Treasury auction, which could provide further directional guidance for overall U.S. dollar demand. In addition, next week's Federal Reserve interest rate decision is likely to increase dollar volatility. Wed, 22 Jul 2026 11:49:27 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155523/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155511/ Bullish momentum has dominated GBP/USD since the beginning of July, driving the pair to a July high above 1.35200. Economic Calendar Volatility could begin to increase toward the end of the trading week as market participants adjust positions ahead of key event risk. However, the primary catalyst for GBP volatility is likely to be next week's Bank of England (BoE) interest rate Tue, 21 Jul 2026 09:16:07 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155511/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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 Tue, 21 Jul 2026 08:39:32 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155370/ Trading-Ideas https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155498/ USD/JPY has moved higher toward 162.500, with occasional bouts of volatility. Economic Calendar The current week's fundamental data releases are unlikely to generate significant volatility for the Japanese yen. As we move closer to the end of the trading week, market participants are likely to shift their focus to next week's Federal Reserve interest rate decision, which could trigger elevated levels of Mon, 20 Jul 2026 11:40:24 +0000 https://www.dukascopy.com/swiss/russian/marketwatch/market-news/Trading-Ideas/DUK+/155498/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155452/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155408/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155333/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155326/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155313/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155300/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155277/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155265/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155251/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155249/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155214/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155198/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155190/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155161/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155144/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155134/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155117/ Trading-Ideas https://www.dukascopy.com/swiss/russian/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/russian/marketwatch/market-news/Trading-Ideas/DUK+/155086/ Trading-Ideas