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USD/JPY Price Forecast: Defends 200-SMA support on H4; bulls seem hesitant near 159.00
The USD/JPY pair once again shows some resilience below the 200-period Simple Moving Average (SMA) on the 4-hour chart and edges higher during the Asian session on Wednesday. Spot prices, however, lack bullish conviction and struggle to capitalize on the strength beyond the 159.00 mark.
Fxstreet
Wed, Apr 15
Pound Sterling slips as US Dollar firms despite Middle East diplomacy hopes
GBP/USD halts its seven-day winning streak, trading around 1.3560 during the Asian hours on Wednesday. The pair loses ground as the US Dollar (USD) edges higher despite dampened safe-haven demand amid growing market optimism amid hopes for a diplomatic solution to the Middle East conflict.
Fxstreet
Wed, Apr 15
Australian Dollar gains support from US–Iran talks optimism
AUD/USD gains ground for the third successive day, trading around 0.7120 during the Asian hours on Wednesday. The pair appreciates as the Australian Dollar (AUD) receives support from improved market sentiment due to the potential for further United States (US)-Iran talks.Fxstreet
Wed, Apr 15
EUR/USD nears 1.1800 as Iran talks hopes sink, US Dollar
The EUR/USD rallies for the seventh straight session as the Greenback falls to a six-week low amid hopes of US-Iran talks in the week ahead, while US data remains in the back seat despite a jump in inflation. At the time of writing, the pair trades around 1.1790, up 0.30%.Fxstreet
Tue, Apr 14
AUD/USD Price Forecast: Bulls eye break above 0.7150-0.7170 resistance
AUD/USD trades with a mild positive bias on Tuesday, supported by a softer US Dollar (USD) as renewed hopes of US-Iran talks weigh on the Greenback and lift demand for risk-sensitive currencies like the Australian Dollar (AUD).Fxstreet
Tue, Apr 14
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