Pound Sterling Price News & Forecast: GBP/USD edges higher to around 1.3385
Pound Sterling Price News & Forecast: GBP/USD edges higher to around 1.3385
Market narrative
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Pound Sterling Price News & Forecast: GBP/USD edges higher to around 1.3385
Forex
Gold Price Forecast: XAU/USD is at a critical juncture as Middle East conflict widens
NZDCAD currency pair recently reversed down from the resistance zone between the long-term resistance level 0.8260 (which has been reversing the price from last September) and the upper daily Bollinger Band.
Silver Price Forecast: XAG/USD bulls have the upper hand above $59.00 confluence
PBOC sets USD/CNY reference rate at 6.7906 vs. 6.7933 previous
Given the euro area and Switzerland face many of the same energy security and terms of trade pressures, the breakout in EUR/CHF on Wednesday looks more technical than fundamental. With a major surprise from the ECB later today unlikely, and nothing of consequence on the Swiss or US economic calendars to trouble the scorers, it raises the question of whether USD/CHF could deliver a similar breakout.
Gold rebounds above $4,100 as buyers return
USD/JPY near 40-year highs: Bullish structure meets intervention and positioning risk
Gold has broken above key technical resistance, but a move above $4,203 and the 50-day moving average is needed to confirm broader bullish momentum.
The rand enters the back half of July with two rate decisions stacked days apart, and the pair is caught between them.
GBP/JPY Price Forecast: Breaks support trendline, eyes on 217.50
USD/CHF Price Forecast: Reclaims 0.81 as market structure targets 0.82
Gold price breaks higher as US Dollar weakness fuels rally
Silver Price Forecast: XAG/USD struggles to build momentum above $60.00
XAU/USD Price forecast: Gold extends rally as Middle East concerns intensify
AUD/JPY has been rising steadily since mid-June but failed multiple times to break into 115 level previously. Will it succeed this time?
Rising Treasury yields and higher oil prices did not provide support to the American currency today.
The last two trading sessions have been important for gold. The precious metal has gained more than 3.5% during this period,.
Pound Sterling Price News and Forecast: GBP/USD steadies as cooler UK CPI meets Oil shock
USD/CAD is consolidating just below major resistance after a powerful multi-week rally carried the pair into fresh yearly highs. The tight range highlights a market coiling for its next directional move, with the July opening range now taking shape beneath a key technical barrier.