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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
Cardano Price Forecast: US–Iran tensions and bearish bets cap ADA
Cardano (ADA) price trades at around $0.245 on Monday after a mild recovery of 2.67% in the previous week. However, the risk sentiment was dampened over the weekend as renewed tensions between the US and Iran in the Strait of Hormuz weighed on broader markets.
Fxstreet
Mon, Apr 20
US Dollar Index Price Forecast: Remains below 98.50 near nine-day EMA
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending gains for the second successive day and trading around 98.30 during the European hours on Friday.Fxstreet
Fri, Apr 17
USD/JPY Price Forecast: Reclaims 159.00 but RSI divergence caps upside
The USD/JPY reclaims the 159.00 figure after reaching a weekly low of 158.26 amid mixed economic data in the US, strengthening the US Dollar, which rose to a two-day high of 98.29 according to the US Dollar Index (DXY). At the time of writing, the pair trades at 159.17, up 0.11%.
Fxstreet
Thu, Apr 16
Silver Price Analysis: Doji at $81 caps rally, risks tilt lower
Silver price loses 0.30% on Thursday as the Greenback stages a comeback and as the white metal fails to clear key resistance at $81.00. At the time of writing, XAG/USD trades at $78.73 after hitting a daily high of $80.85.Fxstreet
Thu, Apr 16
Three reasons that could challenge Dogecoin long-term demand despite its disinflationary model
Dogecoin (DOGE) is the largest meme coin, with a market capitalization of $14.27 billion at the time of writing on Wednesday, accounting for over 0.50% of the $2.49 trillion overall cryptocurrency market.
Fxstreet
Wed, Apr 15
Bridged DOT token on Ethereum hacked, Polkadot’s native token exteds decline
Polkadot (DOT) is down roughly 4% at press time on Monday, marking a bearish start to the week. The bridged DOT token on the Ethereum blockchain was reportedly compromised in an admin-change attack, resulting in the creation of more than 1 billion fake DOT tokens.Fxstreet
Mon, Apr 13
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