The AUD/USD outlook is bullish as the pair quickly recovered after a ceasefire. The US dollar and crude oil lost all the gains accumulated after Middle East escalation. Market participants expect Fed’s easing to begin as soon as July. The AUD/USD price rebounded sharply, staging recovery from the losses posted on Monday due to escalated……
The EUR/USD outlook turns bullish as the sentiment shifts after ceasefire. Falling crude oil prices may provide more support to the EU economy. Markets now await Fed Chair’s testimony before Congress for further policy clues. The EUR/USD pair staged an impressive comeback, gaining 1.3% from Monday lows to trade near 1.1600 level on Tuesday. The……
The AUD/USD forecast remains subdued amid Middle East chaos. US attacks on Iran provoked Iran to choke Hormuz Strait, deteriorating the risk sentiment. Mixed Aussie data may not prevent RBA to cut further. The AUD/USD forecast slipped as the pair started the week under pressure, posting fresh five-week lows near 0.6400 as geopolitical tensions weighed……
The USD/CAD outlook is positive amid dollar’s safe-haven demand. Escalating Iran-Israel conflict and rising oil prices support the pair. Diverging economic outlook limits the gains. The USD/CAD outlook gains traction on Monday, posting fifth consecutive winning streak on Monday. The pair moved above the mid-1.3700 area on Monday ahead of European session. The price opened……
The GBP/USD weekly forecast is mildly bearish amid central bank divergence. The Middle East crisis continues to weigh on the pound, adding gains to the US dollar. Market participants set eyes on PMI readings and US GDP and inflation data. The British pound managed to partially recover its losses against the US dollar after the……
The EUR/USD weekly forecast is slightly subdued amid risk aversion. A hawkish Fed and Middle East conflict continue to weigh on risk assets. Tariff concerns are mounting as the July 9 deadline looms large. The EUR/USD weekly forecast remains mildly subdued as the week closed with a slight negative change. The US dollar maintained its……
The gold forecast remains subdued after a hawkish Fed. Geopolitical concerns keep the downside limited in gold. Central bank buying and potential US tariff threats support the precious metal. The gold forecast is subdued as the price has slipped below the $3,350 mark on Friday during the earlier European session. The Fed’s hawkish pause continues……
The AUD/USD outlook remains favorable amid eased geopolitical concerns. The Aussie found support amid weaker USD and upbeat Chinese data. Technically, the AUD/USD price finds resistance by 20-SMA and neutral RSI. The AUD/USD outlook improved slightly on Friday amid upbeat Chinese economic data combined with a pullback in the US dollar. However, the broader market……
USD/CAD outlook improves as it trades above 1.37, lifted by safe-haven flows. Fed’s cautious stance on inflation reinforces support for the dollar, but policy uncertainty persists. CAD gains limit upside as rising oil prices offer some counterbalance to USD strength. The USD/CAD outlook remains mildly positive as the pair extended its upside for the third……
The GBP/USD forecast is bearish amid a hawkish Fed. Geopolitical concerns continue to weigh on the pound. Markets are now awaiting BoE policy decision and statement. The GBP/USD forecast has turned slightly bearish after staying subdued for the third consecutive session. The pair is trading around 1.3415, at the time of writing. -If you are……
