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NZD/USD Price Forecast: Rises above 0.5750 toward nine-day EMA
NZD/USD extends its gains for the second successive day, trading around 0.5760 during the European hours on Wednesday. The technical analysis of the daily chart signals an ongoing bearish bias as the pair remains within a descending channel pattern.
Fxstreet
Wed, Apr 1
EUR/USD: Back above 1.15 on improved risk tone – Danske Bank
Danske Research Team notes that EUR/USD has rebounded above 1.15 as risk sentiment improves with hopes of a US-Iran de-escalation. They highlight that lower global yields and sharply lower energy prices have supported the Euro against the Dollar.Fxstreet
Wed, Apr 1
USD/CHF slumps to near 0.7960 as US Dollar weakens amid Mideast war de-escalation
The USD/CHF pair is down 0.35% to near 0.7960 during the early European trading session on Wednesday. The Swiss Franc pair faces selling pressure as the US Dollar (USD) declines further due to intensifying expectations of a ceasefire in the Middle East.Fxstreet
Wed, Apr 1
EUR/USD Price Forecast: Traders above mid-1.1500s as bulls await move beyond 61.8% Fibo.
The EUR/USD pair touches a one-week top on Wednesday, though it lacks follow-through buying and remains below the 1.1600 mark through the Asian session. Moreover, the mixed fundamental backdrop warrants some caution before positioning for any further appreciating move.Fxstreet
Wed, Apr 1
EUR/JPY Price Forecast: Remains above 183.50 to test nine-day EMA barrier
EUR/JPY extends its gains for the second consecutive day, trading around 183.60 during the Asian hours on Wednesday. The technical analysis of the daily chart suggests the currency cross moves sideways within the ascending triangle pattern, reflecting buying pressure.
Fxstreet
Wed, Apr 1
Silver Price Forecast: XAG/USD holds losses near $74.00 on Middle East peace hopes
Silver price (XAG/USD) halts its three-day winning streak, trading around $74.20 per troy ounce during the Asian hours on Wednesday. The safe-haven demand for Silver weakens as optimism grows over easing tensions in the Middle East.Fxstreet
Wed, Apr 1
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