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USD/CHF Price Forecast: Bullish piercing pattern surfaces, sights on 0.79
The USD/CHF forms a ‘bullish piercing’ chart pattern, which confirms further upside, but it faces key resistance at the 50-day Simple Moving Average (SMA) at 0.7868. At the time of writing, the pair is trading at 0.70% gains, around 0.7860.
Fxstreet
9 hours ago
Dogecoin Price Forecast: DOGE flashes extreme downside risk amid broader market sell-off
Dogecoin (DOGE) faces intense selling pressure, extending its decline below $0.1000 at press time on Thursday. Roughly $10 million has been wiped out from DOGE futures over the last 24 hours, reflecting a sell-off wave under broader market pressure.
Fxstreet
Thu, May 28
Silver Price Forecast: Breaks channel support, bear's eye $73.00
Silver price drops nearly 2.80% on Wednesday as it breaks the 50-day Simple Moving Average (SMA) at $75.77, which opened the door to clear the $75.00 mark. At the time of writing, the XAG/USD trades at $74.74, after reaching a daily high of $77.52.
Fxstreet
Wed, May 27
Ripple Price Forecast: XRP holds near $1.33 support amid modest capital inflows
Ripple (XRP) extends its consolidation around $1.33 at the time of writing on Wednesday, as market participants largely remain on the sidelines awaiting clarity over a potential Memorandum of Understanding (MOU) between the United States (US) and Iran.Fxstreet
Wed, May 27
USD/JPY Price Forecast: Hurdles 159.00 but upside capped on intervention fears
The USD/JPY recovers some ground, rising by over 0.25%, as buyers ignore the intervention zone, with the pair clearing the 159.00 figure and aiming to challenge the 159.50 area. At the time of writing, the pair trades at 159.38.
Fxstreet
Tue, May 26
USD/JPY Price Forecast: Clashes at 159.00, retreats to 50-day SMA
USD/JPY edges lower during the North American session, sponsored by geopolitical headlines, which weighed on the US Dollar. In the meantime, fears of a possible intervention of Japanese authorities in the FX markets underpinned the Japanese Yen. The pair trades at 158.91, down 0.19%.Fxstreet
Mon, May 25
AUD/USD Price Forecast: Rises as bulls eye 0.72 breakout
AUD/USD advances during the North American session, up by 0.70% as the Greenback edges lower while the US and Iran reach a deal to extend a ceasefire by 60 days, which includes the reopening of the Strait of Hormuz. The pair trades at 0.7167 after bouncing off daily lows near 0.7150.
Fxstreet
Mon, May 25
Ripple Price Forecast: XRP eyes $1.40 rebound as ETF inflows steady
Ripple (XRP) is holding support at $1.35 at the time of writing on Monday, as crypto prices broadly recover amid optimism for a US-Iran ceasefire deal. XRP’s momentum, although subtle, aligns with steady demand through related investment products.Fxstreet
Mon, May 25
AUD/USD Price Forecast: Remains above 0.7150 to test nine-day EMA barrier
AUD/USD advances after two days of losses, trading around 0.7160 during the Asian hours on Monday. The technical analysis of the daily chart indicates that the pair moves within the rectangle pattern, suggesting a consolidation.Fxstreet
Mon, May 25
Euro remains depressed near 0.8650 against the British Pound despite upbeat German data
The Euro (EUR) languishes at 11-day lows against the British Pound (GBP) on Friday, on track for a 0.85% weekly loss. The positive German Gross Domestic Product (GDP) data has failed to support the common currency, while the Pound has been unfazed by weak Retail Sales numbers.
Fxstreet
Fri, May 22
Forex Today: US Dollar steadies as strong PMI data supports cautious Fed outlook
The US Dollar Index (DXY) trades with a neutral tone near the 99.20 level after stronger than expected US Manufacturing Purchasing Managers Index (PMI) data reinforced expectations that the Federal Reserve (Fed) may maintain a cautious stance on interest rate cuts.Fxstreet
Thu, May 21
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