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EUR/JPY Price Forecast: Targets 176.00 support near nine-day EMA
EUR/JPY dips slightly after posting strong gains in the previous session, trading around 176.10 during the European hours on Wednesday. The technical analysis of the daily chart indicates a prevailing bullish bias as the currency cross remains within the ascending channel pattern.
Fxstreet
Wed, Oct 22
USD/CHF clings to gains near 0.7970, focus shifts to US CPI data
The USD/CHF pair trades firmly near Tuesday’s high around 0.7970 during the Asian trading session on Wednesday. The Swiss Franc pair exhibits strength as the US Dollar (USD) trades broadly firm on hopes that the United States (US) and China will reach a trade deal soon.
Fxstreet
Wed, Oct 22
EUR/JPY treads water above 176.00 ahead of speeches from ECB officials
EUR/JPY moves little after registering gains in the previous session, trading around 176.20 during the Asian hours on Wednesday. The pair steadies as traders adopt caution ahead of a series of speeches from European Central Bank (ECB) officials this week for clues on the policy outlook.Fxstreet
Wed, Oct 22
GBP/USD stays below 1.3400 as UK borrowing exceeds forecasts in H1
GBP/USD loses ground for the fourth consecutive session, trading around 1.3380 during the Asian hours on Wednesday. The pair face challenges ahead of the United Kingdom’s (UK) Consumer Price Index (CPI) and Retail Price Index data for September.Fxstreet
Wed, Oct 22
USD/CAD falls to near 1.4000 as Oil prices extend gains on falling stockpiles
USD/CAD extends its losses for the second successive session, trading around 1.4000 during the Asian hours on Wednesday. The pair loses ground as the commodity-linked Canadian Dollar (CAD) receives support from the higher Oil prices.
Silver Price Forecast: XAG/USD slumps to near $48.00 as traders lock in profits
Silver price ( XAG/USD) extends the decline to around $48.10 during the early Asian session on Wednesday. The white metal remains under pressure after facing its steepest sell-off in years in the previous session as traders locked in profits.
Fxstreet
Wed, Oct 22
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