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Silver Price Forecast: XAG rebounds, capped below 50-day SMA as bears hold grip
Silver price bounces off weekly lows of $72.47, near the $74.00 level, up over 1.70%, as market mood is mixed, with investors rotating out of technology stocks and into other sectors, even though tensions around the Middle East conflict remain high.
Fxstreet
Thu, Jun 4
Forex Today: US Dollar gains on strong JOLTS data, traders await key labor market reports
The US Dollar Index (DXY) strengthened near the 99.20 price zone after the latest JOLTS Job Openings report surged to 7.618 million in April from 6.887 million in March, well above market expectations of 6.88 million.Fxstreet
Tue, Jun 2
Asia FX: Inflation and trade shifts shape KRW and IDR – BNY
BNY's Bob Savage flags continued KRW weakness despite stronger South Korean inflation, which supports a hawkish Bank of Korea (BoK) stance. In Indonesia, Purchasing Managers' Index (PMI) data show fragile manufacturing, while inflation has moved above expectations even after a 50 bp rate hike.Fxstreet
Tue, Jun 2
Australian Dollar: Downside pressure remains limited against USD – UOB
UOB’s Quek Ser Leang and Lee Sue Ann report AUD/USD fell sharply to 0.7135 before recovering to 0.7161 on Monday. They see slightly stronger downside momentum, with scope to retest 0.7135 while keeping 0.7100 as key support.
Fxstreet
Tue, Jun 2
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
Mon, Jun 1
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
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