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US Dollar Price Forecast: DXY Gains on Iran Muddle " GBP/USD and EUR/USD to Fall?
3+ week, 6+ hour ago (779+ words) The dollar kept on rising and held firm above 99. 40 after hitting a high of 99. 45 " and it all came down to a combination of events. The main driver of the dollar's surge was the ongoing kerfuffle in the Middle East which…...
EUR/USD, USD/JPY and AUD/USD Forecasts " Currencies on Hold at the Moment
2+ week, 4+ day ago (295+ words) The currency markets continue to see a lot of noise, but early on Thursday, it seems like we are simply waiting for some kind of catalyst. I think it's kind of a quiet wait-and-see market, but if we can break…...
US Dollar Price Forecast: DXY Rises on Middle East Risk " GBP/USD and EUR/USD to Fall?
3+ week, 3+ day ago (784+ words) During the European trading session, the us dollar managed to pick up some positive steam. As of now, the US Dollar Index, a solid barometer for the greenback's value against six key currencies, is sitting at 99. 45, having notched a gain…...
USD/CHF, EUR/USD and GBP/USD Forecast " US Dollar Jumps in Risk Off Move
1+ mon, 1+ week ago (415+ words) The US dollar continues to attract inflows with a massive "risk off" attitude around the world. The US dollar has rallied rather significantly against the Swiss franc, which is interesting considering that the Swiss franc is considered to be the…...
EUR/CHF, EUR/USD and EUR/GBP Forecasts " Euro in Focus on Monday
2+ week, 22+ hour ago (272+ words) The Euro is in focus today for me, as the markets are trying to price in energy shocks, and of course whether or not the EU will have any going forward. Short-term pullbacks offer buying opportunities. I'd be especially interested…...
USD/CHF, EUR/CHF and GBP/CHF Forecasts " Swiss Franc Stabilizes
1+ week, 17+ hour ago (319+ words) The Swiss franc stabilizes after weakening against most currencies over the last few weeks. The US dollar is slightly negative against the Swiss franc in early trading on Monday, although it should be noted that it is Easter Monday being…...
AUD/USD Forecast: Aussie Dollar Reclaims 21-EMA as Hormuz Shock Tests Westpac Sentiment
11+ hour, 57+ min ago (191+ words) Weekly candlestick chart of AUD/USD showing price above Supertrend support levels. Source: Trading View Daily AUD/USD chart highlighting a V-shaped bounce crossing the 21 EMA. Source: Trading View Renko chart of AUD/USD with 0. 001 brick size crossing above the…...
EUR/USD, USD/CAD and AUD/USD Forecasts " US Dollar Firming on Higher Rates
6+ day, 17+ hour ago (364+ words) US dollar is starting to strengthen a bit again, as the war jitters continue to be a major driver of currencies. If that's the case, Europe's going to find getting energy quite a bit more difficult, perhaps longer term. Ultimately,…...
Nikkei 225 Forecast: Will the Rally Extend as Oil Prices and Hormuz Risks Rise?
11+ hour, 34+ min ago (535+ words) Nikkei 225 had a poor start to the week after it was announced there would be no ceasefire between the United States and Iran. However index surged after poor start and pushed above 57, 000. The volatility in global stock markets due to…...
Gold (XAU/USD) Price Forecast: Tests Moving Average Resistance Within Symmetrical Triangle
8+ mon, 10+ hour ago (369+ words) Gold remains trapped within a symmetrical triangle, with resistance at key moving averages stalling momentum. Traders await a breakout, but false moves could spark sharp swings. Gold remains in a holding pattern, trading near the resistance of both the 20-Day…...