.env.local to connect live data.USD strength persists as Fed holds — Risk-off tone dominates early session
The US Dollar Index is holding near 104.80 as markets digest the FOMC minutes signalling higher-for-longer rates. EUR and GBP are under modest pressure while JPY is seeing safe-haven flows ahead of the BOJ meeting. Commodities are mixed — gold holding well on geopolitical risk while oil retreats on demand concerns. Key risk events today: US Initial Jobless Claims (13:30 UTC) and ECB speakers throughout the day.
Daily Analysis
View all →EUR/USD — Bearish continuation below 1.0850 key resistance
Price has swept previous week highs and is now printing a clear market structure shift on the 1H chart. We have an identified order block at 1.0847–1.0855 actin
Thu, Jun 4, 2026
GBP/USD — Bullish retracement into 4H demand zone
Cable has retraced into a well-defined 4H demand zone at 1.2640–1.2660. The daily structure remains bullish with higher highs and higher lows. Looking for mitig
Thu, Jun 4, 2026
USD/JPY — Ranging near 149.50 ahead of BOJ decision
Price is compressing between 149.20–149.80 as markets await BOJ policy decision. Equal highs at 149.78 represent buy-side liquidity that could be targeted on a
Thu, Jun 4, 2026
Gold — Bullish bias above $2,310 daily support
Gold maintaining bullish structure above the key $2,310 daily demand zone. 1H FVG between $2,318–$2,325 acting as a magnet for price. Displacement above $2,340
Thu, Jun 4, 2026
AUD/USD — Bearish below 0.6480 after CPI miss
Australian CPI came in below forecast, weakening AUD across the board. Price broke through 0.6480 support and is now treating it as resistance. Target is 0.6420
Thu, Jun 4, 2026
WTI Crude — Bullish momentum above $78 support
WTI crude holding above key $78 support with geopolitical tensions underpinning the bid. 1H structure is bullish with a strong FVG between $78.40–$79.10. Target
Thu, Jun 4, 2026
Week Ahead: FOMC Minutes, BOJ Decision, and UK GDP in Focus
This week's primary macro drivers are the FOMC minutes release on Wednesday, BOJ policy decision on Thursday, and UK GDP data on Friday. The broader theme remains USD resilience against a backdrop of softening global growth. EUR/USD is approaching a critical weekly support confluence at 1.0820 while GBP/USD is testing the breakout level of the March range. Key pairs to watch: EUR/USD, GBP/USD, USD/JPY post-BOJ. Commodities: Gold remains the safe-haven of choice — watch for a potential weekly close above $2,340.
Read full outlook →Economic Calendar
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