Euro: Downward bias capped by 1.1390 support against US Dollar – UOB
Euro: Downward bias capped by 1.1390 support against US Dollar – UOB
Market narrative
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Euro: Downward bias capped by 1.1390 support against US Dollar – UOB
Forex
Silver Price Forecast: XAG/USD surges to near $58.20 as oil price rally hits pause
EUR/JPY Price Forecast: Holds gains above 185.50 near nine-day EMA support
Gold breaks above its descending trendline as central bank buying offsets Fed uncertainty. See the latest outlook for XAUUSD and XAGUSD.
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Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
USD/CAD Price Forecast: Intraday positive move stalls ahead of 1.4100 confluence hurdle
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
AUD/JPY Price Forecast: Gains ground above 113.50, bullish trend holds above 100-day SMA
Pound Sterling Price News & Forecast: GBP/USD could further depreciate after surging toward two-month highs
EUR/USD Price Forecast: Bears retain control below 200-SMA on H4; break of 1.1400 awaited
Gold rises cautiously as Fed hike bets, US‑Iran tensions and bullish USD cap gains
The latest US tariffs on Canadian goods may be relatively modest in size, but the market reaction suggests investors are focusing on something bigger than the immediate trade impact. USD/CAD advanced after US President Donald Trump signed three proclamations imposing 50% tariffs on about $20 billion of Canadian exports, including alcohol, dairy products, motor vehicles, cement, hockey equipment and electrical machinery.
The Aussie Dollar started a fresh increase from 0.6865 against the US Dollar. AUD/USD climbed above 0.6900 and 0.6950 to enter a positive zone.
The USD/INR has inched higher at the start of the new week, nearing two-month lows as oil prices hit $88 per barrel on the Brent benchmark.
GBP/CAD has spent the past few weeks tracing out a clean five-wave rally on the 1-hour chart, and now the pair looks to be working through the correction that typically follows a completed impulse. Here's a breakdown of the structure and what it could mean for the path ahead.