US Dollar Index Price Prediction: Stays under 102.00, nine-day EMA

US Dollar recovers from daily lows, Trump announces Iran deal is signed

The US Dollar Index (DXY) is seeing a slight decline after starting the day with a positive gap, hovering around 102.00 during the Asian trading hours on Monday. In the short term, the outlook appears optimistic as the Dollar Index stays above the 50-day Exponential Moving Average (EMA) and is testing the nine-day EMA, which […]

Silver Price Prediction: Bears aim for $55 as RSI approaches oversold

Silver prices today: decline on April 29

Silver (XAG/USD) is likely to conclude this week with a decline, as the price has dropped below the critical support level of $60.00. This decline has intensified the sell-off, pushing XAG/USD to a weekly low of $55.38. Currently, Silver is trading around $57.00, which reflects a decrease of 0.83%. XAG/USD Price Forecast: Technical Outlook Silver […]

Gold Price Prediction: XAU/USD recovers losses as US yields and oil prices decline

Gold prices in Saudi Arabia: Rates on June 26

Gold (XAU/USD) is seeing a recovery on Tuesday after slumping the previous day, largely due to a weakening US Dollar (USD) as US yields soften and oil prices drop. Market participants are keenly awaiting important US inflation data this week to gauge the Federal Reserve’s (Fed) policy direction. The XAU/USD pair has bounced back from […]

AUD/USD Price Prediction: Falling 20-day EMA suggests further decline

AUD/USD Price Outlook: Appears set to rise above important barrier of 0.7220

The Australian Dollar (AUD) has seen a slight increase, trading at about 0.6960 against the US Dollar (USD) during the European trading hours on Tuesday. This small rise comes as the US Dollar experiences some pressure, influenced by a drop in US Treasury yields ahead of the release of the Consumer Price Index (CPI) data […]

AUD/USD Price Prediction: A new decline appears probable below 0.6900

AUD/USD drops to nearly 0.7100 as Powell boosts demand for the Dollar.

The Australian Dollar (AUD) has dipped by 0.23%, trading at approximately 0.6950 against the US Dollar (USD) during the European trading session on Thursday. This decline reflects a challenging environment for the Aussie as it struggles with a cautious market sentiment. As of now, S&P 500 futures have fallen by 0.27%, approaching 7,780, highlighting a […]

US Dollar Index Price Prediction: Stays near 102.00 in an overbought area

US Dollar Index stays near 99.00 because of hopes for US-Iran peace

The US Dollar Index (DXY), which gauges the USD’s value against six prominent currencies, is maintaining its position after a slight rise the previous day, sitting around 102.10 following a retreat from almost 18-month peaks during Tuesday’s European session. Currently, the outlook is somewhat optimistic as the index remains above both the nine-day and 50-day […]