USD/CHF Price Forecast: Resistance at 0.8075 remains in focus as dips find buyers
USD/CHF Price Forecast: Resistance at 0.8075 remains in focus as dips find buyers
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USD/CHF Price Forecast: Resistance at 0.8075 remains in focus as dips find buyers
Forex
Oil prices are rising on Tuesday, recovering from a four-month low near $67 a barrel as renewed concerns over shipping security in the Strait of Hormuz temporarily outweigh expectations of stronger global crude supplies.
British Pound: Strong momentum eyeing 1.3410–1.3445 against US Dollar – UOB
Intraday analysis covering USDCHF , EURJPY , and GER40(The DAX) , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDCHF finds support The dollar strengthened across the board as risk appetite remained volatile.
Gold is attempting to break its medium-term trend, with the latest US labour market data acting as the main catalyst. The US employment report released on 2 July came in noticeably weaker than expected, with the pace of hiring slowing to its lowest level in several months.
GBP/USD Price Forecast: Stability above 20-day EMA backs further upside
The Pound to Canadian Dollar (GBP/CAD) exchange rate climbed to its strongest level in around a decade on Monday as persistently weak oil prices continued to undermine the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading at CA$1.8971, having eased back slightly after touching a session high of.
The Pound to Dollar (GBP/USD) exchange rate traded in a narrow range on Monday as easing UK political uncertainty offset renewed demand for the US Dollar following last week's sharp selloff. At the time of writing, GBP/USD was trading at $1.3352, little changed on the day.
Euro Summer range holds against US Dollar – Commerzbank
EUR/USD Price Forecast: Turns broadly sideways below 20-day EMA
With strong U.S. fundamentals, fiscal deficits, and reserve-currency status, the Dollar gained ground amid shifting risk sentiment. DXY held steady at $100.93, EUR/USD defended blue trendline support, and GBP/USD maintained bullish structure above $1.3380.
The NZD/USD exchange rate pulled back a bit on Tuesday, reacting to more weak US macro data, and as traders refocused on the upcoming Reserve Bank of New Zealand (RBNZ) interest rate decision. It retreated to 0.5693 from last week's high of 0.5725.
Official sector demand and constrained mine supply continued to underpin gold and silver ahead of FOMC. Gold defended $4,127 trendline breakout with bullish rejection wicks while silver held $60.69.
The Mexican Peso remains one of JP Morgan's preferred emerging-market currencies, with the bank arguing that improving domestic growth, attractive carry and resilient trade flows continue to support MXN. USD/MXN is forecast to ease from current levels, with JP Morgan targeting 17.35 by September 2026, 17.30 by December, 17.30 by March.
Pound Sterling Price News and Forecast: GBP/USD rises after a soft US data
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Gold declines as reviving inflation fears outweigh receding Fed rate hike bets and soft USD
Pakistan Gold price today: Gold falls, according to FXStreet data