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Fxstreet
Gold holds firm as Iran-Israel war overshadows positive US sentiment data
Gold (XAU/USD) is extending its gains as Israel's attacks on Iran continue, supporting demand for the safe-haven precious metal.
Gold
XAUUSD
Technical Analysis
Fundamental Analysis
SEO
News Discussion Forum
By
Fxstreet
Brent confirms double bottom – Société Générale
Brent crude is showing bullish continuation signals after confirming a double bottom and breaking above its consolidation range, with momentum indicators pointing toward further upside, Société Générale's FX analysts note.
Banks
Brent
Oil
Technical Analysis
News Discussion Forum
By
Fxstreet
GBP/USD: A move to 1.3700 can be expected above 1.3640 – UOB Group
Pound Sterling (GBP) is likely to trade in a range of 1.3540/1.3640. In the longer run, GBP must first close above 1.3640 before a move to 1.3700 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBPUSD
Banks
Technical Analysis
News Discussion Forum
By
Fxstreet
GBP: A rough week gets rougher – ING
The week has been a rather negative one for the pound’s domestic drivers, ING's FX analyst Francesco Pesole notes.
Banks
GBPUSD
Technical Analysis
News Discussion Forum
By
Fxstreet
GBP/USD: Rally stalled – OCBC
Pound Sterling (GBP) had a choppy session overnight. Pair was last at 1.3533 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
GBPUSD
Banks
Technical Analysis
News Discussion Forum
By
Fxstreet
USD: Geopolitical risk opens room for brief dollar rebound – ING
The dollar is stronger across the board this morning after Israel attacked Iran's nuclear facilities. The main transmission channel from this specific geopolitical risk and FX is the price of oil, which has rallied around 8% since the Israeli strike.
DollarIndex
Banks
Technical Analysis
Fed
News Discussion Forum
By
Fxstreet
DXY: Return of safe haven – OCBC
US Dollar (USD) fell overnight as US PPI data underwhelmed. DXY was last at 98.32 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
DollarIndex
Banks
Technical Analysis
News Discussion Forum
By
Fxstreet
EUR/USD: The levels to watch are 1.1640 and 1.1700 – UOB Group
Conditions are deeply overbought; any further advance is likely part of a higher range of 1.1530/1.1640. In the longer run, EUR is likely to continue to rise; the levels to watch are 1.1640 and 1.1700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
News Discussion Forum
By
Fxstreet
EUR/USD: Some retracement in the near term – OCBC
Euro (EUR) traded an overnight high of 1.1631 before erasing gains on heightened geopolitical tensions. Pair was last at 1.1520 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EURUSD
Technical Analysis
Banks
News Discussion Forum
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Fxstreet
EUR/USD has further upside potential – Commerzbank
On Thursday afternoon, the US President once again criticised one of his favourite targets, the Chairman of the Federal Reserve, Jerome Powell.
Banks
Technical Analysis
EURUSD
News Discussion Forum
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Fxstreet
EUR: Not liking the oil rally – ING
The Euro (EUR) generally dislikes geopolitical shocks leading to higher energy prices, and has therefore detached from JPY and CHF in early price action after the Israeli strike on Iran.
EURUSD
Banks
Technical Analysis
News Discussion Forum
By
Fxstreet
Silver Price Forecast: XAG/USD flat lines below mid-$36.00s; bullish potential seems intact
Silver (XAG/USD) struggled to capitalize on the previous day's recovery from the $35.45 area, or the weekly low and witnessed a good two-way price move through the first half of the European session.
News Discussion Forum
By
Fxstreet
EUR/USD extends losses as the US Dollar stands tall in risk aversion
The EUR/USD pair snaps a four-day rally on Friday, retreating from nearly four-year highs above 1.1600 to levels right below 1.1500 at the moment of writing.
EURUSD
Fundamental Analysis
Technical Analysis
SEO
News Discussion Forum
By
Forex Live
USDJPY Technical Analysis – We remain stuck in a range
The USDJPY pair continues to range but the greenback isn’t getting any support from the fundamentals
JPY
USD
News Discussion Forum
By
Fxstreet
US Dollar Index Price Forecast: Outlook remains bearish below 98.50
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, rebounds to near 98.25, snapping the two-day losing streak during the early European session on Friday.
Technical Analysis
DollarIndex
Majors
News Discussion Forum
By
Fxstreet
USD/CNH Price Analysis: Tests 7.1850 barrier near descending channel's upper boundary
The USD/CNH pair recovers its recent losses registered in the previous session, trading around 7.1840 during the Asian hours on Friday. An analysis of the daily chart indicates that the pair price testing to break above the descending channel pattern, which points to a weakening bearish trend.
Technical Analysis
USDCNH
China
News Discussion Forum
By
Fxstreet
Silver Price Forecast: XAG/USD trades near $36.00 support, ascending channel’s lower boundary
Silver price (XAG/USD) retraces its recent gains registered in the previous session, trading around $36.30 per troy ounce during the Asian hours on Friday.
XAGUSD
Silver
Technical Analysis
Commodities
News Discussion Forum
By
Forex Live
FX option expiries for 13 June 10am New York cut
A look at what is on the board for today
USD
News Discussion Forum
By
Fxstreet
AUD/JPY Price Forecast: Steadies near 93.69 after two-day slide
AUD/JPY retreated for the second consecutive day, remained below the 94.00 figure, and printed losses of 0.25% on Thursday. At the time of writing, the cross-pair trades at 93.66, virtually unchanged.
AUDJPY
Technical Analysis
Crosses
Currencies
News Discussion Forum
By
Fxstreet
Silver Price Forecast: XAG/USD bounces back above $36.00 as US Dollar plunges
Silver price bounced off five-day lows of $35.46 and is climbing past the $36.00 mark on Thursday as the Greenback gets battered, falling to nearly three-year lows. At the time of writing, XAG/USD trades at $36.30, registering modest gains of 0.25% on Thursday, late in the North American session.
Technical Analysis
XAGUSD
Silver
Metals
News Discussion Forum
By
Fxstreet
EUR/USD rallies hard as PPI print disappoints, tariffs fuel risk-off
EUR/USD advances for the second consecutive day, posting gains of over 0.70% and trades below the three-year high of 1.1631 hit earlier, as traders digest the latest Producer Price Index (PPI) report in the United States (US), alongside jobs data.
EURUSD
Technical Analysis
Fundamental Analysis
Currencies
SEO
News Discussion Forum
By
Fxstreet
Gold surges on risk-off mood, poor US data boosts Fed easing odds
Gold price rallies for the second straight day, shy of testing the $3,400 figure following the release of softer inflation and jobs data in the United States (US) as geopolitical tensions grow in the Middle East. The XAU/USD trades at $3,386 at the time of writing.
Gold
XAUUSD
Fundamental Analysis
Technical Analysis
SEO
News Discussion Forum
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Forex Live
GBPUSD tests the close intraday support at 1.35804 after failing on break to new highs
Failed breakout puts focus on key swing support as GBPUSD tests trader conviction
GBP
USD
News Discussion Forum
By
Fxstreet
GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets
GBP/USD extended its gains on Thursday following the release of another inflation report in the United States (US), which increased the odds that the Federal Reserve (Fed) could resume its easing cycle sooner than expected.
GBPUSD
Technical Analysis
Fundamental Analysis
Majors
Currencies
News Discussion Forum
By
Forex Live
AUDUSD tests key resistance—buyers and sellers battle for control
Price stalls near 61.8% retracement as support builds at 100-bar MA on the 4-hour chart
AUD
News Discussion Forum
By
Forex Live
USDCAD under pressure as price breaks key support and enters swing area
Bearish momentum builds as USDCAD breaks trend support and tests multi-month swing zone
CAD
USD
News Discussion Forum
By
Forex Live
Gold pushing $3400 and new highs for the month
The June high reached $3403.44 last week.
USD
News Discussion Forum
By
Forex Live
The USD moves lower after the claims/PPI data.
EURUSD continues its rise to the highest level since
USD
News Discussion Forum
By
Forex Live
The USD is lower led by the EURUSD which is breaking to a new 2025 high. What next?
In the video, I take a look at the EURUSD, USDJPY and GBPUSD to kickstart the US session on June 12.
USD
News Discussion Forum
By
Fxstreet
EUR pushes to fresh multi-year high – Scotiabank
Euro (EUR) is strong and entering Thursday’s NA session with a 1.0% gain, propelled by the combination of trade-related sentiment and fundamentally-driven ECB headlines that have pushed it to levels last seen in November 2021, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Banks
Technical Analysis
News Discussion Forum
By
Fxstreet
CAD reaches fresh recovery high – Scotiabank
The Canadian Dollar (CAD) is extending its recent gains and trading at fresh marginal highs, reaching levels last seen in early October, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Banks
Technical Analysis
BOC
Canada
News Discussion Forum
By
Fxstreet
USD weakens broadly as trade headlines compound CPI losses – Scotiabank
The US Dollar (USD) is weak and losing ground against all of the G10 currencies while showing marginal gains vs. MXN, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Banks
DollarIndex
Technical Analysis
News Discussion Forum
By
Fxstreet
Brent eyes $72 and $75.40 as next resistance levels – Société Générale
Brent crude is showing bullish continuation signals after confirming a double bottom and breaking above its consolidation range, with momentum indicators pointing toward further upside, Société Générale's FX analysts note, Société Générale's FX analysts note.
News Discussion Forum
By
Fxstreet
EUR/USD breaks short-term channel – Société Générale
EUR/USD is regaining upside traction after defending its 50-DMA and breaking above a short-term channel, with momentum indicators supporting a test of key resistance levels, Société Générale's FX analysts note.
EURUSD
Technical Analysis
Banks
News Discussion Forum
By
Fxstreet
USD/CNH has likely moved into a 7.1620/7.2200 range – UOB Group
US Dollar (USD) could edge higher, but any advance is likely limited to a test of 7.2070. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
USDCNH
News Discussion Forum
By
Fxstreet
USD: The US-China deal – Commerzbank
The US dollar depreciated yesterday following the weaker-than-expected US inflation figures and the EUR/USD exchange rate was able to rise towards its April high this morning.
DollarIndex
Banks
China
Fed
Technical Analysis
News Discussion Forum
By
Fxstreet
USD/JPY: Increase in momentum is not sufficient to indicate a sustained advance – UOB Group
The current price movements are likely part of a range trading phase between 143.60 and 145.10. In the longer run, Increase in momentum is not sufficient to indicate a sustained advance just yet; US Dollar (USD) must first break and hold above 145.50, UOB Group's FX analysts Quek Ser Leang and Pete
USDJPY
Technical Analysis
Banks
News Discussion Forum
By
Fxstreet
DXY: Data matters – OCBC
US Dollar (USD) fell on softer than expected CPI. This puts focus on PPI data tonight (8:30pm) before the lead up to FOMC next week. DXY was last at 98.40 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
DollarIndex
Technical Analysis
Banks
News Discussion Forum
By
Fxstreet
USD: Dollar's glass is half empty – ING
It is fair to say that dollar price action has been poor.
DollarIndex
Banks
Technical Analysis
Fed
News Discussion Forum
By
Fxstreet
NZD/USD: Likely to trade in a sideways range of 0.6015/0.6055 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a sideways range of 0.6015/0.6055 against US Dollar (USD). In the longer run, upward momentum remains largely unchanged, but there is a chance for NZD to test 0.6095, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZDUSD
Technical Analysis
Banks
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