Market narrative
Move between stock news, official company releases, crypto, and FX without losing the path back to ticker research.
Gold and silver prices are gaining momentum as easing geopolitical risks and technical buying bring the key resistance levels of $4,200 and $64 into focus.
Forex
Silver Price Forecast: XAG/USD rises to near $60.00 despite surging inflation fears
The 4-hour chart of XAU/USD indicates that the price cleared a key bearish trend line with resistance at $4,035. It climbed above the 38.2% Fibonacci retracement level of the downward move from the $4,202 swing high to the $3,959 swing low.
UK CPI set to show receding inflation in June as GBP/USD fails at May highs
Current Setup and Live Chart The trading week is now in its second day, and the GBP/INR pair is currently trading 0.4% lower on the day. The pair lost its early gains as sentiment around the rupee has been boosted by the first update since the Reserve Bank of India introduced a range of measures to attract foreign inflows into the country.
PBOC sets USD/CNY reference rate at 6.7933 vs. 6.7917 previous
Gold rebounds above $4,050 as safe-haven demand intensified on persistent US‑Iran tensions
GBP/JPY Price Forecast: Holds above 218.00 bulls eye YTD peak
USD/JPY has finally broken higher after weeks of compression, with easing bearish sentiment towards the Japanese yen adding fuel to the rally. While the US dollar led the move, the technical backdrop also favours further upside for GBP/JPY, although crude oil prices remain a key variable for CAD/JPY bears.
The USD is ending the session mostly higher vs the major currencies. The one exception was the AUD where the greenback fell -0.11%.
Although USD/MXN has declined more than 0.8% over the last few sessions, favoring the Mexican peso, the broader chart still does not show a clear direction. For now, the Mexican currency remains in an important neutral phase, in a context where the renewed threat of tariffs in North America and the lack of strong signals continue to limit confidence.
Silver Price Forecast: XAG to break resistance trendline, eyes on $60
The Dollar has rallied for four days now and is testing trendline resistance, driven by the breakout in USD/JPY. EUR/USD is t.
Gold price rallies amid Gulf war strikes, strong US Dollar
USD/JPY has broken out of its July range to trade at fresh yearly highs. Key resistance just overhead may determine whether t.
Silver and platinum have also gained strong upside momentum in today's trading session.
It has not been an easy start to the week for the Canadian dollar. Now, renewed weakness in the currency is becoming evident, while USD/CAD has gained more than 0.6% over the last 2 trading sessions, reflecting U.S. dollar strength and a new loss of momentum in the CAD.
Pound Sterling Price News and Forecast: GBP/USD drops as geopolitical risk premium revives USD
Rising demand for safe-haven assets provided support to the American currency.
USD/CHF Price Forecast: Buyers hold the upper hand above 0.8000
