EUR/USD Weekly Forecast: Bullish Outlook Amid the Fed and ECB Divergence – 03 May 2026
EUR/USD trades within a narrow range as Fed and ECB policy signals diverge, with price action holding near key resistance levels.

EUR/USD trades within a narrow range as Fed and ECB policy signals diverge, with price action holding near key resistance levels.
WTI crude oil reflects geopolitical tension and shifting supply flows, with price action stabilizing above key technical levels.
Nasdaq, Bitcoin and major FX pairs reflect a volatile environment, with defined levels and mixed signals between momentum and hesitation.
Gold (XAU/USD) registered weekly losses, pressured by persistent uncertainty surrounding the Middle East conflict and hawkish guidance from major central banks.
USD/CHF dipped sharply before bouncing off the 0.7825 support level, with analysts favoring long positions on dips as the wide interest rate differential and an eventual Swiss franc weakening support a bullish longer-term outlook.
Gold (XAU/USD) meets with a fresh supply on Friday and slides back below the $4,600 mark during the early European session, eroding a part of the previous day’s modest recovery gains.