The EUR/USD currency pair
āĻŽā§āĻĻā§āϰāĻž āĻā§āĻĄāĻŧāĻžāϰ āĻĒā§āϰāϝā§āĻā§āϤāĻŋāĻāϤ āϏā§āĻāĻ:
- āĻĒā§āϰā§āĻŦāĻŦāϰā§āϤ⧠āĻā§āϞāĻž: 1.1359
- āĻĒā§āϰā§āĻŦāĻŦāϰā§āϤ⧠āĻŦāύā§āϧ: 1.1369
- āϏāϰā§āĻŦāĻļā§āώ āĻĻāĻŋāύ āϧāϰ⧠% chg.: +0.09%
On Thursday, the currency pair posted a slight increase amid local dollar weakness and profitâtaking. An additional strong support factor for the euro was the drop in global oil prices to a fourâmonth low near $69 per barrel, as the Eurozone economy is critically dependent on energy imports, and cheaper crude reduces stagflation risks. However, the euroâs upside potential in the first half of the day was significantly limited by weak German macroeconomic data: the leading GfK consumer confidence Index for July rose to 29.2, but still came in noticeably worse than analystsâ expectations of 28.0 down.
āĻā§āϰā§āĻĄāĻŋāĻ āϏā§āĻĒāĻžāϰāĻŋāĻļāϏāĻŽā§āĻš
- āϏāĻšāĻžā§āϤāĻžāϰ āĻŽāĻžāϤā§āϰāĻž: 1.1330, 1.1279
- āĻĒā§āϰāϤāĻŋāϰā§āϧā§āϰ āĻŽāĻžāϤā§āϰāĻž: 1.1384, 1.1452, 1.1415, 1.1488, 1.1523, 1.1559
The euro corrected yesterday toward the resistance level of 1.1384, where sellers showed a moderate reaction. However, the intraday bias is gradually shifting toward buyers â visible through sharper bullish candles. Today, the main focus is on a repeated test of 1.1384. An impulsive breakout will open the path toward 1.1432. If sellers react again at 1.1384, the price may decline to 1.1355 or lower.
āĻŦāĻŋāĻāϞā§āĻĒ āĻĻā§āĻļā§āϝāĻāϞā§āĻĒ:- Trend: Downtrend
- Sup: 1.1330
- Res: 1.1384
- Note: Sell trades from 1.1384 with confirmation. Buy trades require a strong bullish impulse with consolidation above 1.1384.

-āĻāϰ āĻāύā§āϝ āύāĻŋāĻāĻ āĻĢāĻŋāĻĄ: 2026.06.26
- US Michigan Inflation Expectations (m/m) at 17:00 (GMT+3) – USD (MED)
The GBP/USD currency pair
āĻŽā§āĻĻā§āϰāĻž āĻā§āĻĄāĻŧāĻžāϰ āĻĒā§āϰāϝā§āĻā§āϤāĻŋāĻāϤ āϏā§āĻāĻ:
- āĻĒā§āϰā§āĻŦāĻŦāϰā§āϤ⧠āĻā§āϞāĻž: 1.3164
- āĻĒā§āϰā§āĻŦāĻŦāϰā§āϤ⧠āĻŦāύā§āϧ: 1.3190
- āϏāϰā§āĻŦāĻļā§āώ āĻĻāĻŋāύ āϧāϰ⧠% chg.: +0.20 %
The latest report from the Confederation of British Industry (CBI) showed a sharp deterioration in the UK distribution sector: in June, the retail sales Index fell to 54 from Mayâs 46 lower, marking a bleak start to summer and coming in far worse than the market expectation of 41 down. Retailers cite depressed consumer sentiment and rising operating costs as the main reasons for the prolonged crisis. The steep drop in consumer activity combined with accelerating business costs in the services sector puts the Bank of England in a deadlock, depriving the pound of monetary support amid the aggressive US dollar rally fueled by expectations of a Fed rate hike in autumn.
āĻā§āϰā§āĻĄāĻŋāĻ āϏā§āĻĒāĻžāϰāĻŋāĻļāϏāĻŽā§āĻš
- āϏāĻšāĻžā§āϤāĻžāϰ āĻŽāĻžāϤā§āϰāĻž: 1.3184, 1.3155, 1.3093
- āĻĒā§āϰāϤāĻŋāϰā§āϧā§āϰ āĻŽāĻžāϤā§āϰāĻž: 1.3207, 1.3251, 1.3327, 1.3390
The British pound tested liquidity above 1.3207 yesterday, after which the price fell to 1.3184, where buyers once again showed initiative. Today, the price is retesting 1.3207, and seller reaction is weak â indicating a strengthening bullish bias. A breakout above 1.3207 will open the path toward 1.3251. However, if sellers show initiative at 1.3207, intraday sell trades toward 1.3184 or lower may be considered.
āĻŦāĻŋāĻāϞā§āĻĒ āĻĻā§āĻļā§āϝāĻāϞā§āĻĒ:The British pound tested liquidity above 1.3207 yesterday, after which the price fell to 1.3184, where buyers once again showed initiative. Today, the price is retesting 1.3207, and seller reaction is weak â indicating a strengthening bullish bias. A breakout above 1.3207 will open the path toward 1.3251. However, if sellers show initiative at 1.3207, intraday sell trades toward 1.3184 or lower may be considered.

-āĻāϰ āĻāύā§āϝ āύāĻŋāĻāĻ āĻĢāĻŋāĻĄ: 2026.06.26
- Trend: Downtrend
- Sup: 1.3184
- Res: 1.3207
- Note: Sell trades from 1.3207 with confirmation. Buy trades require an impulsive consolidation above 1.3207.
The USD/JPY currency pair
āĻŽā§āĻĻā§āϰāĻž āĻā§āĻĄāĻŧāĻžāϰ āĻĒā§āϰāϝā§āĻā§āϤāĻŋāĻāϤ āϏā§āĻāĻ:
- āĻĒā§āϰā§āĻŦāĻŦāϰā§āϤ⧠āĻā§āϞāĻž: 161.76
- āĻĒā§āϰā§āĻŦāĻŦāϰā§āϤ⧠āĻŦāύā§āϧ: 161.80
- āϏāϰā§āĻŦāĻļā§āώ āĻĻāĻŋāύ āϧāϰ⧠% chg.: +0.02%
The Japanese yen showed high volatility, holding dangerously close to key multiâdecade lows. Despite the currency trading near its weakest levels since 1986, a powerful block of domestic news from Tokyo gave bulls strong fundamental arguments for a potential trend reversal. According to official data released early in the morning, core consumer inflation in the Tokyo region (a traditional leading indicator for the entire country) accelerated sharply to 1.6% y/y in June after hitting a fourâyear low of 1.3% in May. Moreover, the BOJâs most closely watched inflation gauge â excluding fresh food and energy â jumped from 1.6% to 1.9%, approaching the regulatorâs 2% target. This fully reinforced investor expectations that the Bank of Japan will continue normalizing monetary policy at its next meeting on July 31.
āĻā§āϰā§āĻĄāĻŋāĻ āϏā§āĻĒāĻžāϰāĻŋāĻļāϏāĻŽā§āĻš
- āϏāĻšāĻžā§āϤāĻžāϰ āĻŽāĻžāϤā§āϰāĻž: 161.56, 161.34, 161.19, 160.53, 160.20, 160.05, 159.60, 159.45
- āĻĒā§āϰāϤāĻŋāϰā§āϧā§āϰ āĻŽāĻžāϤā§āϰāĻž: 161.89, 162.00
The yen strengthened sharply yesterday after testing liquidity above 161.89. The price is now falling toward support at 161.56 for the third time, but this time buyer initiative is almost absent. This increases the likelihood of a breakout and further decline toward 161.34. Under such market conditions, today we look for sell trades after consolidation below 161.34. If buyers show initiative at 161.56, the scenario should shift toward considering long trades up to the EMA lines.
āĻŦāĻŋāĻāϞā§āĻĒ āĻĻā§āĻļā§āϝāĻāϞā§āĻĒ:- Trend: Uptrend
- Sup: 161.56
- Res: 161.89
- Note: Buy trades from 161.56 with confirmation. A bearish breakout of 161.56 opens the path toward 161.34.

-āĻāϰ āĻāύā§āϝ āύāĻŋāĻāĻ āĻĢāĻŋāĻĄ: 2026.06.26
- Japan Tokyo Core CPI (m/m) at 02:30 (GMT+3) – JPY (MED)
The XAU/USD currency pair (gold)
āĻŽā§āĻĻā§āϰāĻž āĻā§āĻĄāĻŧāĻžāϰ āĻĒā§āϰāϝā§āĻā§āϤāĻŋāĻāϤ āϏā§āĻāĻ:
- āĻĒā§āϰā§āĻŦāĻŦāϰā§āϤ⧠āĻā§āϞāĻž: 3996
- āĻĒā§āϰā§āĻŦāĻŦāϰā§āϤ⧠āĻŦāύā§āϧ: 4026
- āϏāϰā§āĻŦāĻļā§āώ āĻĻāĻŋāύ āϧāϰ⧠% chg.: +0.75%
Gold prices recovered, rising back above the psychological $4,000 mark and retracing part of the previous sessionâs losses. Drivers of the local rebound included corrective dollar weakness and a decline in Treasury yields following the release of the May PCE Index â the Fedâs preferred inflation gauge. The data came strictly in line with expectations, showing core inflation accelerating to 3.4% y/y â still well above the 2% target, but ruling out an uncontrolled price surge. Additional relief came from the prolonged drop in oil prices, which returned to preâIranâcrisis levels. This prompted traders to reduce the probability of a September Fed rate hike from 68% to 63%, lowering the opportunity cost of holding gold.
āĻā§āϰā§āĻĄāĻŋāĻ āϏā§āĻĒāĻžāϰāĻŋāĻļāϏāĻŽā§āĻš
- āϏāĻšāĻžā§āϤāĻžāϰ āĻŽāĻžāϤā§āϰāĻž: 3972, 3884
- āĻĒā§āϰāϤāĻŋāϰā§āϧā§āϰ āĻŽāĻžāϤā§āϰāĻž: 4037, 4067, 4138, 4171, 4232, 4273, 4323
Gold is forming a flat accumulation range between 3972 and 4037 and will likely remain within this corridor until the end of the trading session. Therefore, traders should shift focus to intraday timeframes. For sell trades, the EMA lines may be considered with a target at the lower boundary of the range (3972). There are no optimal buy entries at the moment.
āĻŦāĻŋāĻāϞā§āĻĒ āĻĻā§āĻļā§āϝāĻāϞā§āĻĒ:- Trend: Downtrend
- Sup: 3972
- Res: 4037
- Note: Intraday short trades from 4020 or EMA lines with confirmation. No optimal buy entries at the moment.

-āĻāϰ āĻāύā§āϝ āύāĻŋāĻāĻ āĻĢāĻŋāĻĄ: 2026.06.26
- US Michigan Inflation Expectations (m/m) at 17:00 (GMT+3) – USD (MED)
āĻāĻ āύāĻŋāĻŦāύā§āϧāĻāĻŋ āĻāĻāĻāĻŋ āĻŦā§āϝāĻā§āϤāĻŋāĻāϤ āĻŽāϤāĻžāĻŽāϤ āĻĒā§āϰāϤāĻŋāĻĢāϞāĻŋāϤ āĻāϰ⧠āĻāĻŦāĻ āĻāĻāĻŋāĻā§ āĻŦāĻŋāύāĻŋāϝāĻŧā§āĻā§āϰ āĻĒāϰāĻžāĻŽāϰā§āĻļ, āĻāĻŦāĻ/āĻ āĻĨāĻŦāĻž āĻ āĻĢāĻžāϰ, āĻāĻŦāĻ/āĻ āĻĨāĻŦāĻž āĻāϰā§āĻĨāĻŋāĻ āϞā§āύāĻĻā§āύ āĻāϰāĻžāϰ āĻāύā§āϝ āĻāĻāĻāĻŋ āĻā§āϰāĻŽāĻžāĻāϤ āĻ āύā§āϰā§āϧ, āĻāĻŦāĻ/āĻ āĻĨāĻŦāĻž āĻāĻāĻāĻŋ āĻā§āϝāĻžāϰāĻžāύā§āĻāĻŋ, āĻāĻŦāĻ/āĻ āĻĨāĻŦāĻž āĻāĻŦāĻŋāώā§āϝāϤā§āϰ āĻāĻāύāĻžāĻā§āϞāĻŋāϰ āĻĒā§āϰā§āĻŦāĻžāĻāĻžāϏ āĻšāĻŋāϏāĻžāĻŦā§ āĻŦā§āϝāĻžāĻā§āϝāĻž āĻāϰāĻž āĻāĻāĻŋāϤ āύāϝāĻŧāĨ¤