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Forex Today: US Dollar weakens in eventful "Yentervention" day
The US Dollar Index (DXY) declined sharply to around 98.10 on Thursday after data showed the United States (US) economy grew at a lower-than-expected pace in the first quarter and amid Japanese authorities' first intervention in the foreign exchange market in almost two years.Fxstreet
Thu, Apr 30
XRP and XLM outlook: Mixed sentiment keeps bulls cautious
Ripple (XRP) and Stellar (XLM) remain under pressure on Tuesday as mixed market sentiment keeps price action subdued. XRP extends its decline after slipping below a key technical support level, while XLM remains well below major resistance zones.Fxstreet
Tue, Apr 28
Ripple Price Forecast: XRP upside stays limited despite renewed capital inflows
Ripple (XRP) is trading under increasing sell-side pressure as of writing on Monday. A near-term support at $1.41 suggests that dip-buying remains steady despite overhanging resistance at $1.53 and $1.78.Fxstreet
Mon, Apr 27
Silver Price Analysis: Advances but stalls at technical confluence near $75
Silver price edges up over 0.50% during Friday’s session, after bouncing off a daily low of $73.10. Speculation about a resumption of negotiations between Washington and Tehran is cheered by investors, which pushed US equities higher in tandem with the precious metals segment.
Fxstreet
Fri, Apr 24
Silver Price reverses as bearish-engulfing pattern hints at further losses
Silver price (XAG/USD) collapsed as buyers got rejected at the 50-day Simple Moving Average (SMA) at $78.73, as geopolitical headlines dominated price action on Thursday. The XAG/USD trades at $75.40, down 3%.Fxstreet
Thu, Apr 23
US Dollar Index Price Forecast: Remains above 98.50 due to possible bullish reversal
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining firm after two days of gains and trading around 98.60 during the early European hours on Thursday.Fxstreet
Thu, Apr 23
USD/CAD Price Forecast: Hovers near 1.3650 as RSI remains bearish
USD/CAD continues to trade laterally on Wednesday, during the North American session, flattish at around 1.3658, as the pair seems capped by April’s 20 price action, in which the Loonie appreciated 0.34% against the US Dollar.
Fxstreet
Wed, Apr 22
EUR/GBP remains depressed below 0.8700 after hot UK CPI figures
The Euro (EUR) is heading south for the second consecutive day against the British Pound (GBP) on Wednesday, trading near session lows below 0.8700, as UK inflation figures put pressure on the Bank of England to bring the possibility of an interest rate hike back to the table.
Fxstreet
Wed, Apr 22
Silver Price Analysis: Tanks after a trendline break, eyes on $70
Silver price tanks nearly 3.50% on Tuesday, clearing a key support trendline after printing a doji on Monday, as markets remained uncertain about the outcome of US-Iran talks. Heightened tensions and a ceasefire about to expire are pushing the precious metals segment into a tailspin.Fxstreet
Tue, Apr 21
US Dollar Index Price Forecast: Eyes nine-day EMA barrier near 98.50
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains after registering little losses in the previous day and trading around 98.10 during the early European hours on Tuesday.Fxstreet
Tue, Apr 21
Solana Price Forecast: SOL nears key breakout level as ETF inflows, strong fundamentals support upside
Solana (SOL) price is nearing a key resistance level around $87.10 on Tuesday, which could determine the next directional move. Meanwhile, positive sentiment around SOL builds, driven by rising institutional demand for SOL spot Exchange Traded Funds (ETFs).Fxstreet
Tue, Apr 21
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