The test of support within the broad 1.3600 – 1.3630 range is giving way to a steady intraday bounce

DXY edges higher Tuesday but the main trend is down and the minor trend is neutral. Rising Treasury yields and Iran safe-haven demand are the only things keeping the dollar supported.

USDJPY pulled back to support near 159 after rebounding from April lows and is now stabilizing. The outlook still favors another move higher, with potential toward 161, supported by soft BoJ policy and higher US yields. However, caution is needed nea…

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Pound (GBP) is underperforming as political uncertainty around PM [Prime Minister] Starmer and fiscal policy weighs on sentiment, even as widening United Kingdom (UK) – United States (US) spreads support GBP fundamentals.

Bitcoin, DXY Price Outlook: The dollar edges higher while markets ease ahead of the FOMC meeting and mega-cap earnings on Wednesday, as inflation continues to build in line with ongoing Hormuz disruptions.

On April 22 2026 I posted on social media @AidanFX the GBPUSD sell trade with stop loss and targets ->”GBPUSD Sold at 1.3520 Stop Loss at 1.3535 Target 1 at 1.3490 Target 2 at 1.3475″.

Trading highlights a strong bid in the DXY, which has led to a sharp decline in gold and silver prices. Coach explains how to approach multiple tests of key support and resistance levels and shares his trading strategy around them.

Still little change, as prices extend consolidation above 159.00

TD Securities analysts note that the Bank of Japan’s (BoJ) decision to keep its policy rate unchanged at 0.75% and Governor Ueda’s lack of clear guidance for June have disappointed markets.

The AUD/USD exchange rate rose on Tuesday as market participants positioned themselves for the upcoming Australian consumer inflation report.