USD/JPY remains likely to rise to the levels of 162.00–165.00 | 24.04.2026

GBP/USD remains likely to rise to the levels of 1.3870–1.4300 | 24.04.2026

GBP/USD bounced from 1.35 support as traders watched US yields and Middle East headlines, with softer rates likely to support further upside.

USD/CAD remains likely to rise to the levels of 1.4124–1.4300 | 24.04.2026

EUR/USD may rise to the levels of 1.2088–1.2400 | 24.04.2026

Short-term forecast for oil, gold, and euro-dollar today. Gold has broken below the support A of 4,721–4,704 today.

The GBP/USD pair edges higher during the first half of the European session on Friday and recovers a part of the previous day’s losses to levels just below mid-1.3400s, or a nearly two-week trough.

Societe Generale analysts observe that USD/JPY has formed a small base above its 50‑day moving average after an earlier failed breakout.

• NY opened near 0.71335 after 0.7166 traded overnight, pair
rallied early
• USD, US yields , USD/CNH softened while stocks,
gold, silver moved up
• 0.7163 traded, sellers then emerged and AUD/USD resumed
its downward move
• USD, yields rallied & riskier assets traded downward as
risk sentiment soured
• Report activation of Iran air defense systems helped sour
risk sentiment
• AUD/USD fell below the 10-DMA, hit a 7-session low of
0.7111 then bounced
• USD softened a bit, AUD/USD neared 0.7135 late, traded
down -0.37%
• Falling daily RSI, move below the 10-DMA are concerns for
AUD/USD bulls
audusd

(Christopher Romano is a Reuters market analyst. The views
expressed are his own)

The EUR/USD pair trades in a tight range around 1.1700 during the European trading session on Friday. The major currency pair consolidates while the US Dollar (USD) trades broadly firm, with investors shifting focus to central banks’ policy meetings next week.