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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
EUR/USD rises above 1.1550 following recent Trump remarks
EUR/USD extends its gains for the second successive day, trading around 1.1560 during the Asian hours on Wednesday. The pair advances as the US Dollar (USD) softens, weighed down by fading safe-haven demand amid a moderation in Middle East tensions.Fxstreet
Wed, Apr 1
GBP/USD snaps five-day slide on Iran peace hopes ahead of key US data
GBP/USD edged 0.32% higher on Tuesday in choppy trading, closing around 1.3230 after swinging between a session low near 1.3160 and a high close to 1.3260. The gain snapped a five-day losing streak, though the bounce lacked conviction and left price well below its key moving averages overhead.Fxstreet
Tue, Mar 31
Silver Price Analysis: XAG/USD surges and clears 100-day SMA and $75
Silver prices rebounded, surging sharply more than 7% as Oil prices took a hit, which pushed the Greenback lower due to its close positive correlation. Also, falling US Treasury yields are driving the white metal higher, up to $75.00 by March's end.Fxstreet
Tue, Mar 31
USD/CHF Price Analysis: Hovers around 0.8000 after refreshing YTD high
The USD/CHF retreats after refreshing a year-to-date (YTD) high at 0.8041, but retreats below the 0.8000 figure amid growing speculation of a de-escalation of the Middle East conflict. At the time of writing, the pair trades at 0.7997, up 0.01%.
Fxstreet
Tue, Mar 31
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