Action Forex
Looking at the 4-hour chart, the pair surpassed the 61.8% Fibonacci retracement level of the downward move from the 162.70 swing high to the 161.28 low. The pair even settled above 162.20, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour).
FX Street
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Forexcom
Gold closed below 4,000 for the first time since October as broad-based weakness fuelled bearish momentum, although nearby su.
FX Street
GBP/JPY Price Forecast: Retreats from 18-year high, struggles at 220
ExchangeRates
The Euro to Dollar exchange rate is trading around 1.1440 after remaining relatively resilient through July, but HSBC expects renewed US Dollar strength to weigh on EUR/USD over the coming months. HSBC argues that the recent Dollar recovery reflects a combination of resilient US growth, interest-rate expectations and the relative.
FXEmpire
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FX Street
USD/CHF Price Forecast: Swissie rebounds at 0.8042 support
Forexcom
The rally has repeatedly stalled beneath the same technical ceiling, with USD/CHF once again approaching a pivotal inflection.
FX Street
Euro falls as strong US jobless claims support US Dollar
FXEmpire
The United States said no. In the words of US Trade Representative Greer, it “did not agree to renew the USMCA in its current form.
Forexcom
The latest trading sessions have not been fully decisive for short-term euro movements. For now, EUR/USD continues to show a lack of clear direction, after gaining close to 0.4% during the previous session but posting an average decline of -0.23% in the current session.
FX Street
Silver Price Forecast: XAG/USD tests the $55 floor as sellers retain control
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Gold loses track of $4,000, drops as Oil shock revives Fed bets
FX Street
British Pound: Dips against US Dollar seen as buying opportunity – Scotiabank
FXEmpire
Silver and platinum found themselves under strong pressure in today's trading session.
Forexcom
USD/JPY is on the verge of testing a breakout and I think this is an important time to revisit the manner, as I've seen multiple retail traders pointing to 163 as a point of possible resistance with the hope that the Japanese government might take effort to defend the level. This seems very similar to the episode we had back in 2022 at 150, or 2024 with 151.95 and then 160.
FXEmpire
The American currency gains ground, supported by rising Treasury yields.
FX Street
Pound Sterling Price News and Forecast: GBP/USD pulls back as solid US data revives the Greenback
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