Overall Trend: Bullish, but vulnerable to a technical correction.

The bounce from the 1.1730~ low of 20 April has met selling interest beneath congestion resistance at 1.1800

US Dollar (DXY) update: The Dollar Index halts its 2.50% correction as geopolitical tensions resurface. Explore our technical analysis of the DXY, EUR/USD, and AUD/USD.

The US Dollar Index (DXY) stabilizes at 98.16 as the Strait of Hormuz re-closes and naval tensions spike. Will EUR/USD and GBP/USD bulls defend their key trendlines?

April 13 2026 we advised EWF members that the GBPUSD pair was in a bullish wave count and that a move higher was coming.

The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels. AUD/USD …

The USD/CAD pair remains on the defensive around 1.3650 during the early European session on Tuesday. Rising oil prices due to Middle East tension provide some support to the commodity-linked Loonie.

US dollar rises as US–Iran tensions flare, Strait of Hormuz uncertainty boosts DXY toward 200-day average.

The US Dollar (USD) posts moderate gains against the Japanese Yen (JPY) on Tuesday, with price action returning above 159.00 after bouncing up from 157.59 lows on Friday. The pair, however, remains bouncing back and forth within a broadly 150-pip range, from 158.50 to the key 160.00 level.

The EURUSD pair rose in its recent intraday trading, leaning on EMA50, gaining some bullish momentum that helped it to achieve these gains, after its decline in the last intraday trading due to the stability of 1.1790 resistance, attempting to offload its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signals, amid the dominance of the bullish corrective bullish trend on short-term basis.