EUR/JPY Price Outlook: Optimistic perspective remains above 172.50 with a risk-on attitude
EUR/JPY gains traction, approaching 172.60 during the Asian session on Monday, marking a 0.20% increase for the day. Positive sentiment surrounds the pair as it trades above the significant 100-day EMA, with bullish indicators from the RSI. Immediate resistance is noted at 173.00, while the first support level to monitor is at 171.51. During Monday’s […]
EUR/USD Price Outlook: Focus on 1.1700 support close to the lower edge of the rising channel
EUR/USD Analysis The EUR/USD pair may face resistance at a six-week high of 1.1789 for the time being. A bullish sentiment is present, as the 14-day relative strength index remains above 50. Initial support is likely found at the lower edge of the ascending channel near 1.1690. Following an increase of about 0.5% in the […]
EUR/USD Weekly Outlook: Continued Momentum for Upward Trading as the Weekend Approaches
EUR/USD Analysis for Mid-August 2025 Created on August 17, 2025 This week, the EUR/USD has crossed the 1.17000 mark again, marking a significant move since its low on August 1st. The currency pair appears to be heavily swayed by emotional reactions to US economic data. Financial institutions seem to be adopting a bullish outlook, despite […]
Weekly Currency Exchange Outlook – August 17th – August 22nd (Charts)
Created on August 17, 2025 Bitcoin saw a notable recovery earlier this week, crossing the $120,000 mark, although it began to show signs of fatigue. The current candlestick formation resembles a shooting star, indicating that Bitcoin might not be poised for significant gains just yet. A pullback seems reasonable, especially as summer winds down. There’s […]
XRP Update: Attention Shifts to ETFs and SWIFT Competition; BTC Declines Amid Fed Outlook
The initiative enables pharmacies to purchase products and transfer funds immediately and cost-effectively, without depending on conventional banks or credit card systems. This also allows access to independent pharmacies through blockchain-based transactions. We refer to this as a significant payment solution based on XRP. The company currently assists 6,500 independent pharmacies along with 200 manufacturers. […]
GBP/JPY Price Outlook: Remains under selling pressure near 200.00
GBP/JPY sees a notable drop to around 199.30 following Japan’s positive GDP report. The Japanese economy expanded by 0.3%, exceeding the anticipated 0.1% growth. The Bank of England is likely to continue its cautious approach to monetary policy. During the Asian trading session on Friday, the GBP/JPY currency pair fell by 0.3%, approaching 199.30. This […]
Applied Materials stocks drop 10% due to weak outlook amidst economic uncertainties
Applied Materials Faces Significant Stock Drop Applied Materials, a major semiconductor equipment manufacturer, saw its shares plummet by over 10% during an extended trading session on Thursday after the company disclosed its outlook for the upcoming quarter. Here’s a summary of the third-quarter earnings report, comparing it to market expectations: EPS: $2.48, adjusted, against an […]
Gold Price Outlook: XAU/USD seeks direction above $3,340 support
Gold prices are fluctuating but don’t seem to show a strong trend, with dips seen just past the $3,340 mark. On Thursday, the market was notably quiet as investors awaited the US PPI data later that day. XAU/USD is in a consolidation phase following earlier losses within the $3,375 range. After hitting a high above […]
Silver price outlook: XAG/USD pulls back a bit, potential for buying on the dip
Silver faces challenges after a modest session in Asia. Hourly RSI might signal opportunities for profit. A favorable setup could encourage dip buying. Silver (XAG/USD) experienced a slight dip after nearly three weeks at highs during Thursday’s Asian session, trading around the mid-$38.00 range, reflecting a small increase of about 0.10% for the day. The […]
White House adjusts outlook for Trump-Putin meeting
The White House has tempered expectations for a significant outcome from Trump’s summit with Russian President Vladimir Putin on Friday. They’ve referred to the discussions about the war in Ukraine as “listening sessions” and “feelout meetings.” Both Trump and officials from his administration have indicated that this summit in Alaska won’t bring an end to […]