The US dollar is sitting on a confluence of support that extends over a decade. It’s a must-see level that could affect the entire forex market in the weeks ahead. Watch today’s video for all of the details, including how I’m trading the DXY, EURUSD, GBPUSD, USDJPY, and XAUUSD. US Dollar Index (DXY) Forecast The

I wrote on 8th June that the best trades for the week would be: Long of the GBP/USD currency pair after a daily (New York) close above $1.3616. This did not set up. Long of Silver in USD terms. This closed 0.78% higher over the week. Long of the S&P 500 Index pair after a

Cedi loses gains made on the interbank market After making steady gains on the interbank foreign exchange market, the Ghana cedi seems to be making some losses due to a reported shortage of dollars on the market. According to a report by cedirates.com on June 14, 2025, “Dollar rates are on the rise as financial

The euro rallied a bit during the trading week, breaking above the 1.16 level, but we have given back some of the gains after the Israeli airstrikes on the Iranian regime. This of course has people running toward safety currency such as the US dollar, so it does make sense that we have seen hesitation.

GBP/USD weekly forecast remains bullish amid broad dollar weakness. Weaker US data and easing US-China trade tensions support the pound. All eyes are on the BoE and FOMC meetings due next week. The GBP/USD weekly forecast remains strongly bullish as the pair hits its third consecutive week in gains. The price marked a 39-month top

Gold weekly forecast is bullish amid geopolitical tension. Cooling US inflation data, which weighs on the dollar, boosted demand for gold. Market participants are now eyeing the FOMC meeting minutes. The gold weekly forecast turns strongly bullish, with an eye on testing the all-time highs around $3,500. The recent geopolitical tension stemming from the Israel-Iran

Global Financial markets have endured months of turmoil, with overlapping concerns over the US debt downgrade, recession fears, and an intensifying global trade war. The sharp escalation in Middle East conflict last week has only deepened the anxiety, as Israel and Iran exchanged strikes, raising the specter of prolonged regional instability. With the 90-day reciprocal

USD/JPY stayed in sideway trading last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break of 142.10 support will resume the fall from 148.64 to retest 139.87 low. On the upside, above 145.46 will turn bias to the upside for 146.27 first. Firm break there will target 148.64

The most $80 West Texas Intermediate (WTI) crude oil call options were traded on Friday since January Written by: Olumide Adesina • Saturday, June 14, 2025 • 1 min read • Last updated: Saturday, June 14, 2025 Add an article to your Reading List Register now to be able to add articles to your reading

Daily Pivots: (S1) 142.94; (P) 143.75; (R1) 144.32; More… Intraday bias in USD/JPY remains neutral as sideway trading continues. On the downside, break of 142.10 support will resume the fall from 148.64 to retest 139.87 low. On the upside, above 145.46 will turn bias to the upside for 146.27 first. Firm break there will target

 |  IFR 2587 – 14 Jun 2025 – 20 Jun 2025  |  Christopher Whittall Banks’ foreign exchange trading desks are off to their best start to a year since 2022 after a sharp reversal in the US dollar ignited market volatility and triggered a surge in client activity. The largest global banks’ FX

Only yesterday we questioned the sustainability of the stock market’s upward trend amid alarming news from the Middle East and the evacuation of the US embassy in Iraq — and today, the S&P 500 chart (US SPX 500 mini on FXOpen) shows a break below the lower boundary of the ascending trend channel. According to

The EUR/USD forecast is neutral as markets experience risk aversion. ECB-Fed divergence may continue to support the euro. The confluence zone at 1.1500 may help euro buyers stay bid. The EUR/USD forecast has turned neutral despite a broad upside trend, as Israel’s attack on Iran triggered a strong risk-aversion sentiment in the global financial markets.

Daily Pivots: (S1) 142.94; (P) 143.75; (R1) 144.32; More… USD/JPY rebounded ahead of 142.51 support as sideway trading continues. Intraday bias stays neutral. On the downside, break of 142.10 support will resume the fall from 148.64 to retest 139.87 low. On the upside, above 145.46 will turn bias to the upside for 146.27 first. Firm

IC Markets, a leading Forex and CFDs provider, offering trading solutions for active day traders, scalpers and traders new to the forex market, has announced the successful integration of the cTrader Copy widget into its client area. This marks a step forward in delivering a faster, simpler and more engaging trading experience by enabling direct

EUR/USD Analysis Summary Today Overall Trend: Bullish Today’s EUR/USD Support Levels: 1.1430 – 1.1360 – 1.1290 Today’s EUR/USD Resistance Levels: 1.1520 – 1.1600 – 1.1720 EUR/USD Trading Signals: Buy EUR/USD from the support level of 1.1380 with a target of 1.1420 and a stop-loss at 1.1300. Sell EUR/USD from the resistance level of 1.1570 with

Dollar accelerated its broad-based selloff in early US trading, plunging to its lowest level against Euro since 2021. The latest catalyst came from softer-than-expected May PPI data, which followed Wednesday’s downside surprise in CPI. The tandem inflation prints have further calmed fears of immediate tariff-driven price pass-through, at least for now, and are reinforcing expectations

Markets One way to put it is saying that you are prepared to roll the date forward for countries/blocs which are negotiating in good faith. US Treasury Secretary Bessent framed it like this when asked about the approaching end date (July 8) to the 90-day pause for reciprocal tariffs on all countries expect China (early