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USD/JPY Price Forecast: Recovers strongly after testing Descending Triangle breakout
The USD/JPY pair is up 0.17% to near 159.70 during the European trading session on Tuesday. The pair trades higher as the US Dollar (USD) outperforms its peers ahead of the two-day Federal Reserve (Fed) policy meeting, which will start later in the day.
Fxstreet
Tue, Apr 28
USD/CAD edges higher as safe-haven demand meets Oil-supported Canadian Dollar
USD/CAD trades around 1.3665 on Tuesday, up 0.27% on the day, rebounding after briefly dipping below the 1.3600 mark on Monday. The upside move remains limited in a context shaped by diverging fundamental forces.
Fxstreet
Tue, Apr 28
USD/JPY: Oil prices defends against hawks – Societe Generale
Societe Generale analysts note USD/JPY failed to sustain a breakout above its multi‑year range and is consolidating above the 50‑day moving average. They highlight a crucial support zone around 158.30/157.50 and resistance near 160.50.Fxstreet
Tue, Apr 28
NZD/USD remains steady after slipping below 0.5900
NZD/USD depreciates after two days of gains, trading around 0.5890 during the European hours on Tuesday. The pair loses ground as the US Dollar (USD) advances due to increased safe-haven demand amid stalled United States (US)-Iran peace talks.
Fxstreet
Tue, Apr 28
EUR/USD drifts below 1.1700 as the US Dollar bounces on cautions trading
The Euro (EUR) pares gains against the US Dollar (USD) on Tuesday, returning to levels sub-1.1700 at the time of writing, following a rejection at 1.1755 on Monday. The safe-haven US Dollar has built up some momentum, amid the stalled Middle East conflict and with central banks’ decisions on tap.
Fxstreet
Tue, Apr 28
USD/CHF rises to near 0.7900 as safe-haven demand lifts US Dollar
USD/CHF gains ground after two days of losses, trading around 0.7890 during the European hours on Tuesday. The pair appreciates as the US Dollar (USD) receives support from safe-haven demand amid stalled US-Iran peace talks.
Fxstreet
Tue, Apr 28
EUR/JPY Price Forecast: Moves below 186.50, nine-day confluence
EUR/JPY depreciates after two days of gains, trading around 186.40 during European hours on Tuesday. The technical analysis of the daily chart indicates the currency cross slips below the ascending channel, signaling a possible bearish reversal.
Fxstreet
Tue, Apr 28
EUR/GBP flat lines above 0.8650 as markets await BoE, ECB rate decisions
The EUR/GBP cross trades on a flat note near 0.8660 during the early European trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of the Bank of England (BoE) and the European Central Bank (ECB) interest rate decisions later on Thursday.
Fxstreet
Tue, Apr 28
Silver Price Forecasts: XAG/USD hits two-week lows near $73 with central banks in focus
Silver (XAG/USD) accelerated its downtrend on Tuesday, to hit fresh two-week lows at $73.35 at the time of writing, as markets shift focus from the war to the world’s major central banks, which will release their monetary policy decisions this week.
Fxstreet
Tue, Apr 28
Australian Dollar trades mixed in countdown to the Aussie CPI, Fed policy
The Australian Dollar (AUD) demonstrated a mixed performance against its major currency peers, trading marginally lower against the US Dollar (USD) around 0.7180 during the European trading session on Tuesday.
Fxstreet
Tue, Apr 28
USD/INR Extends Rally as Elevated Oil Prices Keep Pressuring Indian Rupee
The Indian Rupee (INR) weakens further after a brief pause against the US Dollar (USD) in the opening session on Tuesday. The USD/INR pair jumps to near 94.46 as elevated oil prices continue to hurt the Indian Rupee.Fxstreet
Tue, Apr 28
USD/CAD Price Forecast: Gains ground above 1.3600, while bearish technical bias persists
The USD/CAD pair posts modest gains near 1.3635 during the early European trading hours on Tuesday. Uncertainty over US-Iran peace talks and the closure of the Strait of Hormuz provide some support to a safe-haven currency such as the US Dollar (USD) against the Canadian Dollar (CAD).Fxstreet
Tue, Apr 28
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