USD/JPY: Tips for Beginner Traders on April 16th (US Session)

EUR/USD: Tips for Beginner Traders on April 16th (US Session)

Level and Target Adjustments for the U.S. Session – April 16th

Oil edges lower in Asia on hopes for US Iran talks

Gold rises on weak dollar and hopes for US Iran talks

The State Bank of Pakistan has taken a historic step toward cryptocurrencies

Gold continues to struggle to break through the key resistance level of the 200-period moving average.

The Australian dollar rallies sharply and hits multi-year highs amid a notable return of investor risk appetite.

Risks in the Strait of Hormuz are counteracting hopes for Iranian diplomacy, supporting the US dollar and limiting gains in the commodity.

Hopes for Iranian diplomacy and a softening of the Federal Reserve's hawkish outlook continue to undermine the US dollar. Concerns about potential interventions support the Japanese yen, although risks related to the Strait of Hormuz are limiting gains and supporting spot prices.