News
Important Only
US Dollar Index Price Forecast: Tests 99.00 support after pulling back from nine-day EMA
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, has lost its intraday gains, trading around 99.00 during the European hours on Wednesday.Fxstreet
Wed, Apr 23
Cardano Price Forecast: ADA extends gains toward $0.80 as bullish bets and whale accumulation increase
Cardano (ADA) price is extending its gains, trading at around $0.69 at the time of writing on Wednesday after rallying nearly 9% the previous day. On-chain data supports this rise as Santiment’s Supply Distribution metric indicates that whale wallets are accumulating ADA tokens.
Fxstreet
Wed, Apr 23
NZD/USD Price Forecast: Bounces off 0.5950 near ascending channel’s lower boundary
The NZD/USD pair recovers its recent losses registered in the previous session, trading around 0.6000 during early European trading hours on Wednesday. Technical analysis on the daily chart indicates a bullish bias, with the formation of an ascending channel pattern.
Fxstreet
Wed, Apr 23
EUR/USD Price Forecast: Bounces off 1.1300 neighborhood; shows resilience below 23.6% Fibo.
The EUR/USD pair attracts some follow-through selling for the second straight day on Wednesday and drops to a one-week low during the Asian session. Spot prices, however, rebound a few pips from the 1.1300 neighborhood and currently trade around the 1.1380 region, still down over 0.35% for the day.
Fxstreet
Wed, Apr 23
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bulls target $95,000 BTC, $1,900 ETH, and $3 XRP
Bitcoin (BTC) price hovers around $92,800 on Wednesday after rallying 9.75% over the past two days. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and continued their recovery rally. The technical outlook suggests an upward trend, targeting $95,000 BTC, $1,900 ETH, and $3 XRP.
Ethereum Price Forecast: ETH rallies 10% amid decline in CME short positions
Ethereum (ETH) saw a 10% gain on Tuesday after the general crypto market rallied alongside Bitcoin. The rally comes after the ETH Chicago Mercantile Exchange (CME) basis plunged from 20% in November to about 5% in April.Fxstreet
Tue, Apr 22
US President Trump eases market jitters, says no plans to fire Powell, China tariffs to be lower
Recently, US President Donald Trump said at a press conference that his discussions with China are going well, adding that he thinks they will reach a deal. He said that tariffs on China would not be as high as 145%, but they wouldn’t be zero.Fxstreet
Tue, Apr 22
USD/CHF bounces over 1% as trade optimism lifts mood, but Powell tensions linger
The USD/CHF makes a U-turn and trade with gains of over 1% on Tuesday as market mood improved on trade headlines and a possible de-escalation of US-Sino conflict tensions. At the time of writing, the pair trades at 0.8181 after hitting a daily low of 0.8065.
Fxstreet
Tue, Apr 22
Mexican Peso strengthens to yearly high as trade war cools, mood improves
The Mexican Peso (MXN) posted substantial gains versus the US Dollar (USD) on Tuesday, sponsored by an improvement in risk appetite due to optimistic news of a ‘de-escalation’ of the trade war between the US and China. At the time of writing, USD/MXN trades at 19.58, down 0.61%.
Fxstreet
Tue, Apr 22
US Dollar attempts modest recovery amid Fed independence concerns, growth downgrades
The US Dollar Index (DXY) struggled to extend its bounce on Tuesday, hovering near the 98.50 zone after recovering slightly from the three-year trough of 98.01. The rebound came as markets reopened from the Easter Monday holiday and reassessed the broader macro landscape.Fxstreet
Tue, Apr 22
Gold pulls back from $3,500 record as China trade hopes spur profit-taking
Gold price retreats after hitting a record high at $3,500, but traders booking profits and improving risk appetite send the Bullion drifting lower, although US Treasury yields drop. At the time of writing, XAU/USD hovers near $3,400, down over 0.63%.Fxstreet
Tue, Apr 22
