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AUD/USD

Price action looks to be forming a top
Short-term RSI is moving higher
We look for a temporary move higher
Preferred trade is to sell into rallies
Bespoke resistance is located at 0.7150
Updated at 18/05/2026 140
The move to 0.715 triggered our short trade

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EUR/GBP

Trading volume is increasing
Early optimism is likely to lead to gains although extended attempts higher are expected to fail
Daily signals are mildly bearish
0.8743 has been pivotal
Levels close to the 50% pullback level of 0.8739 found sellers

XAU/USD

Continued downward momentum from 4718 resulted in the pair posting net daily losses yesterday
Previous support located at 4501
The 161.8% Fibonacci extension is located at 4552 from 4773 to 4638
Immediate signals are hard to interpret
Preferred trade is to sell into rallies

Time Frame H4

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💵 USD/CAD TECHNICAL UPDATE

USD/CAD is pulling back after failing to break 1.3756 resistance.

Price is now around 1.3735.

📊 Bias remains slightly bullish.
Price still holds above 20-day EMA (1.3696).

📈 KEY LEVELS:
🔼 Resistance:
1.3757
1.3807
1.3966

🔽 Support:
1.3708
1.3696
1.3647

⚠️ Momentum is mixed.
Bulls are still active but losing strength.

⚠️ Not financial advice. Trading involves risk.

💶 EUR/USD MARKET UPDATE

EUR/USD is showing a mild bounce on Monday, but the overall structure remains bearish as price stays below strong resistance at 1.1650–1.1675.

📱 Mobile traders are watching closely as momentum remains weak despite short-term recovery.

📊 Key Levels:
🔼 Resistance: 1.1650 – 1.1675
📈 Breakout target: 1.1720

🔽 Support: 1.1610
📉 Major downside zone: 1.1505 – 1.1525

⚠️ Bias: “Dead cat bounce” within a broader bearish trend unless resistance is broken.

⚠️ Not financial advice. Trading involves risk.

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