Be on the lookout for shifts in currency strength just before the monthly candle closes

Be on the lookout for shifts in currency strength just before the monthly candle closes

30.05.2025

In yesterday’s U.S. currency trading, the U.S. dollar fell against the yen after the U.S. first-quarter GDP and personal consumption figures released yesterday dropped from the previous reading of 1.8% to 1.2%, missing market expectations of 1.8%.The USD/JPY pair fell from 146.289 to 143.970. On the hourly chart, the price moved from above the 20-period moving average (MA) to below it. On the 4-hour chart, the RSI fell from 71 to 45. On the weekly chart, the price has pulled back from the 10-period MA.

Among European currencies, the pound rose against the U.S. dollar. The GBP/USD pair climbed from 1.3415 to 1.3506. On the hourly chart, the price has moved from below the 20-period moving average (MA) to above it. On the 4-hour chart, the 75-period MA is acting as a support level, leading to a rebound, and on the daily chart, an uptrend is beginning to form along the 20-period MA. We need to assess whether the pound will continue to hit new highs against the U.S. dollar.

Today’s schedule includes New Zealand housing construction permits at 7:45, Japan’s employment statistics and Tokyo Consumer Price Index at 8:30, Japan’s industrial production and department store/supermarket sales, at 10:30 AM: Australia Housing Construction Permits, at 2:00 PM: Japan Housing Starts, at 9:00 PM: Germany Consumer Price Index, at 9:30 PM: Canada Real GDP, U.S. Personal Income, and U.S. Wholesale Inventories, at 10:45 PM: U.S. Chicago PMI, and at 11:00 PM: U.S. University of Michigan Consumer Sentiment Index.I plan to keep a close eye on end-of-month flows and carefully monitor price movements before the monthly candle closes.

Past Market Reports

1. 22.04.2026New

   Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

2. 21.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

3. 20.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

4. 17.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

5. 16.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

6. 15.04.2026

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

7. 14.04.2026

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

8. 13.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

9. 10.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

10. 09.04.2026

    Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?