+3000 Points USDCAD price fell from the lower low area of the Descending Triangle. check previous lower low area analysis here: https://www.forexgdp.com/news/weekly-trade-forecast-apr06-apr10/

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AUDJPY Analysis

AUDJPY is falling from the higher high area of the Ascending channel

+700 Points on EURUSD signal given on Apr'28: https://t.me/forexgdp/7803

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+30,000 Points Oil price went up from the Support area of the Box pattern. check previous Support area analysis here: https://www.forexgdp.com/news/weekly-trade-forecast-apr20-apr24/

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+8000 Points XAUUSD price fell from the Retest area of the Ascending Channel. check previous Retest area analysis here: https://www.forexgdp.com/news/xauusd-channel-highs-dollar-pressure/

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EURUSD Analysis

EURUSD is rebounding from the higher low area of the Ascending Channel

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+26,100 Points XAUUSD price went up from the lower low area of the Descending channel. check previous lower low area analysis here: https://www.forexgdp.com/news/xauusd-rebounds-dollar-rates-cap-gains/

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EURAUD Analysis

EURAUD has reached the horizontal support area

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+900 Points GBPUSD price fell from the Resistance area of the Ascending Triangle. check previous Resistance area analysis here: https://www.forexgdp.com/news/weekly-trade-forecast-may11-may15/

Gap Down Reason: GBP/USD opened with a bearish gap on Monday due to stronger US inflation data boosting the US Dollar, while UK political uncertainty and weak Sterling sentiment increased selling pressure on the Pound. US core CPI rising 0.4% in early May (highest since January 2025) and annual inflation reaching 3.8%.

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