News
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USD/CHF Price Forecast: Struggles at 0.7800 dives below 50-day SMA
The USD/CHF retreats during the North American session, down 0.53% as the Greenback weakens following a dismal jobs report, and a break to four day low beneath the 0.7800 figure. At the time of writing, the pair trades at 0.7771, yet it remains to end the week with gains of more than 1%.
Fxstreet
Fri, Mar 6
Dow Jones Industrial Average tumbles as Iran situation broils
The Dow Jones Industrial Average was down 840 points, or 1.73%, to 47,885 at the time of writing, giving back all of Wednesday's gains and then some. The S&P 500 fell 0.82% to around 6,810, while the Nasdaq Composite dipped 0.50% to the 22,690 region.Fxstreet
Thu, Mar 5
Cardano Price Analysis: Approaches key trendline amid bearish sentiment
Cardano (ADA) price is approaching its descending trendline around $0.28 at the time of writing on Thursday, set to shape the next directional move. The derivatives metrics paint a bearish picture, with ADA’s Open Interest (OI) continuing to fall and short bets rising among traders.
Fxstreet
Thu, Mar 5
USD/CHF Price Forecast: Slumps below 0.7800 after clash on 50-day SMA
The USD/CHF retreats on Wednesday down by 0.25% as the pair failed to post a daily close above the 50-day Simple Moving Average (SMA) of 0.7819 as the Greenback trimmed some of its Wednesday’s gains on risk aversion.Fxstreet
Wed, Mar 4
Dow Jones Industrial Average rebounds as strong ADP, ISM data ease growth fears
The Dow Jones Industrial Average traded 312 points higher, or 0.65%, at 48,807 at the time of writing on Wednesday, clawing back most of Tuesday's losses after a session that saw the index drop as much as 1.2K points intraday before closing down 403 points.Fxstreet
Wed, Mar 4
Solana Price Forecast: SOL consolidation near resistance as ETF inflows offer mild support
Solana (SOL) price is facing slight rejection as it approaches the upper boundary of the consolidation range at around $88 on Wednesday. Institutional demand is strengthening as spot Exchange Traded Funds (ETFs) recorded two consecutive inflows so far this week.
Fxstreet
Wed, Mar 4
Bitcoin Weekly Forecast: Another month of losses, and it’s been five
Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.
Fxstreet
Fri, Feb 27
Forex Today: DXY surges after softer US Jobless Claims
Initial Jobless Claims in the week ending February 21 came in at 212K, below economists' expectations of 215K but slightly above the previous reading of 208K. Continuing Claims also declined to 1.833 million, signaling stabilization in labor market conditions.Fxstreet
Thu, Feb 26
USD/CHF Price Forecast: Rebounds on firm USD, targets 0.7800
USD/CHF recovers some ground on Thursday, rises some 0.19% as the Greenback appreciates and bounces off daily lows beneath 0.7700 on solid US data. At the time of writing, the pair trades at 0.7743, yet it remains shy of key resistance level seen at 0.7817, the February 2 daily peak.Fxstreet
Thu, Feb 26
Silver Price Forecast: XAG/USD slides amid a firm US Dollar
Silver price loses its bright on Thursday, moving in the opposite direction of Gold, which remains steady as the US Dollar recovers some ground and rises. Stronger than expected US jobs data, keeps the white metal pressured in the mid-North American session.
Fxstreet
Thu, Feb 26
Cardano Price Forecast: ADA steadies as whales accumulate and bullish sentiment grows
Cardano (ADA) price steadies at $0.29 on Thursday after surging over 14% in the previous day. Improving on-chain and derivatives data support a positive outlook as whale wallets are increasing exposure alongside positive funding rates.Fxstreet
Thu, Feb 26
USD/CNH Price Forecast: Bearish bias persists below 100-day EMA, PBOC leaves its LPR unchanged
The USD/CNH pair trades with mild gains near 6.8905 during the early European trading hours on Tuesday. However, the potential upside for the pair seems limited near a 34-month low amid US tariff turmoil.
Fxstreet
Tue, Feb 24
Forex Today: US Dollar holds ground, Gold rebounds amid Trump’s tariffs tensions
The US Dollar (USD) recovered most of its intraday losses and trades broadly stable on Monday, after markets digested the Supreme Court’s decision agains United States (US) President Donald Trump's tariffs and his move to impose additional levies over the weekend.Fxstreet
Mon, Feb 23
