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EUR/USD Price Outlook: Short-term sentiment shifts to negative after fall below 1.1655

EUR/USD drops to around 1.1850 because of increased safe-haven interest

EUR/USD Update: Ongoing Decline The EUR/USD has continued its downward trend on Friday, slipping 0.15% to 1.1653 during Asian trading hours. Major currency pairs are under pressure as the US dollar gains strength, bolstered by the positive results from the recent meeting between President Trump and China’s President Xi Jinping. At the moment, the US […]

AUD/JPY Price Outlook: Gains momentum as Trump meets Xi in Beijing, optimistic trend continues

Australian Dollar strengthens as Trump prolongs Iran ceasefire, Australian PMIs rise into growth

Market Overview At the beginning of the European trading session on Thursday, the AUD/JPY currency pair was performing well, hovering around 114.65. Traders are particularly interested in the discussions taking place between US President Donald Trump and Chinese President Xi Jinping in Beijing, expected to yield insights later on Friday. Xinhua news agency reported that […]

GBP/USD Price Outlook: Continues to drop beneath 20-day EMA

GBP/USD falls as US Dollar strengthens with Senate agreement, BoE meeting ahead.

Market Overview On Wednesday in European trading, the GBP/USD exchange rate dropped by 0.25%, hovering around 1.3500. This decline can be attributed to the strength of the U.S. dollar (USD), which is experiencing upward pressure due to increasing expectations that the U.S. Federal Reserve will implement an interest rate hike at least once this year. […]

AUD/USD Price Outlook: Remains around 0.7200 as USD maintains strength before US CPI

AUD/USD Price Outlook: Remains around 0.7200 as USD maintains strength before US CPI

The AUD/USD pair has had a tough time maintaining levels above 0.7250, with fresh selling occurring on Tuesday. This trend is largely driven by the strengthening of the U.S. dollar amid escalating tensions between the U.S. and Iran. As a result, intraday prices have dipped back toward the 0.7200 level during early trading in Europe, […]

Silver Outlook: Silver Surge at Risk from CPI Concerns as Inflation Increases

Silver Outlook: Silver Surge at Risk from CPI Concerns as Inflation Increases

Weekly Silver Outlook Spot Silver (XAG/USD) has been experiencing a mix of highs and lows, leading to a downward trend on the weekly chart. However, it recently traded at $96.43, suggesting a potential return to an upward movement. A breakout above $61.01 could reignite the downtrend. The first significant range to note is between $121.67 […]

GBP/USD Weekly Outlook – 10/05: Maintains Strong Position (Chart)

GBP/USD Weekly Outlook - 10/05: Maintains Strong Position (Chart)

GBP/USD Market Update On Wednesday, GBP/USD approached a high around 1.36450, settling near 1.36274 by the weekend. The behavior of this currency pair seems to closely follow global forex market trends, influenced by USD-related sentiments throughout the day. FX traders’ perspectives are understandably affected by ongoing discussions around the Middle East conflict, along with shifting […]