EUR/USD PRICE FORECAST: SOFTENS TO NEAR 1.1350, OVERBOUGHT RSI CONDITION EYEED The EUR/USD pair eased to around 1.1365 during Thursday's early European session, retreating from recent highs. This pullback comes as traders await the European Central Bank's (ECB) interest rate decision later
USD/CHF HOLDS GAINS NEAR 0.8150, HOVERS NEAR MULTI-YEAR LOWS DUE TO SAFE-HAVEN DEMAND The USD/CHF currency pair is attempting to recover from recent losses, trading around 0.8160 during Thursday's Asian session. it remains close to the 0.8099 mark—its lowest level since September
EUR/JPY TRADES WITH POSITIVE BIAS ABOVE 162.00; LACKS FOLLOW-THROUGH AHEAD OF ECB EUR/JPY Holds Above 162.00 Amid ECB Rate Cut Expectations The EUR/JPY currency pair maintains a positive bias, trading above the 162.00 mark during Thursday's Asian session. This movement is influenced
GBP/USD TRADES BELOW 1.3250 AFTER RETREATING FROM SIX-MONTH HIGHS On April 16, 2025, GBP/USD reached a six-month high of 1.3292 but retreated to around 1.3230 during Thursday's Asian session, snapping a seven-day winning streak. The U.S. dollar continued its decline, with both
Gold Prices Surge to Record Highs gold prices have reached unprecedented levels, surpassing $3,200 per ounce. This surge marks a significant milestone, with gold becoming the most crowded trade among investors, surpassing even U.S. megacap tech stocks for the first time in two years. The rally in gold
USD/INR RECOVERS ON TRADE WAR WORRIES On Thursday, April 17, 2025, the Indian Rupee (INR) declined, ending a five-day winning streak. The depreciation was influenced by a weakening Chinese Yuan, attributed to escalating trade tensions between the U.S. and China. This development exerted pressure on most Asian currencies,
XAG/USD MOVES BELOW $32.50 DUE TO EASING TRADE CONCERNS On Thursday, April 17, 2025, silver (XAG/USD) traded around $32.30 per troy ounce during the Asian session, paring some of its gains from the previous day. The precious metal faced pressure as global risk sentiment improved following
EUR/USD OUTLOOK: WHY THE DOLLAR KEEPS FALLING? On April 15, 2025, the U.S. dollar continued its decline against the euro, influenced by escalating trade tensions and tariff policies. President Trump's imposition of new tariffs on Chinese imports has led to increased market uncertainty, prompting investors to
AUD/CAD WAVE ANALYSIS: PRICE REVERSES FROM KEY RESISTANCE ZONE The AUDCAD currency pair recently reversed downward from a significant resistance zone between 0.8860 and 0.8865. This zone encompasses the 61.8% Fibonacci retracement level of the downward impulse from March, the 20-day moving average, and a former
BREAKS BELOW 1.3950 AS BEARISH BIAS PREVAILS The USD/CAD pair has broken below the 1.3950 level, indicating a prevailing bearish trend. Technical analysis reveals that the pair is moving lower within a descending channel, characterized by two parallel trendlines connecting lower highs and lower lows. This pattern
EUR/GBP HOLDS POSITIVE GROUND ABOVE 0.8550 AFTER UK CPI INFLATION DATA EUR/GBP is trading around 0.8565 during the early European session on Wednesday, maintaining a positive stance above the 0.8550 level. The British Pound (GBP) weakens against the Euro (EUR) following the UK's
XAG/USD EDGES HIGHER TO NEAR $32.50 DUE TO SAFE-HAVEN DEMAND Silver (XAG/USD) is trading around $32.30 per troy ounce during Wednesday's Asian session, showing a modest recovery after recent losses. Lingering uncertainty over U.S. trade policy continues to fuel safe-haven demand for silver,