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NZDUSD Wave Analysis

NZDUSD Wave Analysis

NZDUSD currency pair recently reversed down from the key resistance level 0.6100 (which has been steadily reversing the price from October, as can be seen from the daily NZDUSD chart below) – intersecting with the upper daily Bollinger Band and the resistance trendline of the daily up channel from April.

Source: actionforex.com

Published (UTC): 2025-07-08 03:57:45

PBOC sets USD/CNY reference rate at 7.1534 vs. 7.1506 previous

PBOC sets USD/CNY reference rate at 7.1534 vs. 7.1506 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1534 as compared to the previous day's fix of 7.1506 and 7.1772 Reuters estimate.

Source: fxstreet.com

Published (UTC): 2025-07-08 03:15:33

NZD/USD gathers strength above 0.6000 as Trump opens to further trade negotiations

NZD/USD gathers strength above 0.6000 as Trump opens to further trade negotiations

The NZD/USD pair recovers some lost ground to near 0.6015, snapping the four-day losing streak during the Asian session on Tuesday. The New Zealand Dollar (NZD) edges higher against the Greenback as US President Donald Trump suggested that he was still open to additional negotiations and pushed off increased duties until at least August 1.

Source: fxstreet.com

Published (UTC): 2025-07-08 03:10:12

Silver (XAGUSD) Price Forecast: Bullish Momentum Builds After Weekly Breakout

Silver (XAGUSD) Price Forecast: Bullish Momentum Builds After Weekly Breakout

With a breakout above key resistance levels and strong weekly close, silver appears poised to continue higher, supported by bullish price structure and rising demand.

Source: fxempire.com

Published (UTC): 2025-07-07 22:34:03

Pound US Dollar Exchange Rate Forecast: GBP/USD Slips as Tariff Deadline Looms

Pound US Dollar Exchange Rate Forecast: GBP/USD Slips as Tariff Deadline Looms

Looking forward, economic data for both GBP and USD remains thin on the ground through the first half of this week, leaving the Pound US Dollar pairing to be driven by market risk appetite and uncertainty around Trump's tariff plans. If markets remain risk-off amid anxiety around Trump's ‘reciprocal' tariffs and the potential for.

Source: exchangerates.org.uk

Published (UTC): 2025-07-07 22:00:00

MUFG: Pound Fundamental Vulnerability Exposed, Sell GBP/EUR Target 1.1300

MUFG: Pound Fundamental Vulnerability Exposed, Sell GBP/EUR Target 1.1300

The Pound to Euro (GBP/EUR) exchange rate slumped to 10-week lows near 1.1530 last week and a corrective recovery quickly ran into resistance with the pair trading around 1.1585. MUFG considers that budget concerns, allied with the persistent current account deficit, will leave the Pound vulnerable and the bank has GBP/EUR target of.

Source: exchangerates.org.uk

Published (UTC): 2025-07-07 22:00:00

GBP/CAD Forecast: Pound Price Muted vs Loonie Dollar amid Risk-Off Flows

GBP/CAD Forecast: Pound Price Muted vs Loonie Dollar amid Risk-Off Flows

As we move towards Tuesday's European session, the Pound Canadian Dollar exchange rate will likely be driven by the publication of Canada's latest Ivey PMIs. Although June's index is expected to report a rise, forecast to increase from 48.9 to 49.1, the data is still expected to remain below the threshold that marks expansion, (50).

Source: exchangerates.org.uk

Published (UTC): 2025-07-07 22:00:00

Pound to Euro Exchange Rate Forecast: GBP Price Rangebound amid Cautious Trade

Pound to Euro Exchange Rate Forecast: GBP Price Rangebound amid Cautious Trade

As we look ahead to Tuesday's Eurpean session, movement in the Pound Euro (GBP/EUR) exchange rate is likely to be driven by the publication of Germany's latest balance of trade data. In May, the bloc's largest economy is expected to report a trade surplus of €18.1 billion, up from a previous reading of €14.6 billion.

Source: exchangerates.org.uk

Published (UTC): 2025-07-07 22:00:00

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Dollar Tests Weekly Highs

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Dollar Tests Weekly Highs

Gold traders focus on U.S. dollar's rebound from yearly lows and Trump's tariff policy.

Source: fxempire.com

Published (UTC): 2025-07-07 19:11:53

XAU/USD: Gold Dips on Stronger Dollar But Key Supports Still Hold

XAU/USD: Gold Dips on Stronger Dollar But Key Supports Still Hold

Gold price fell to one-week low on Monday after bulls repeatedly failed on approach to pivotal barrier at $3349 (50% retracement of $3452/$3246 bear-leg / daily Kijun-sen), with stronger dollar on risk aversion adding pressure on metal's price.

Source: actionforex.com

Published (UTC): 2025-07-07 16:58:56

Gold (XAU/USD) Slips 1% and Flirts with $3300/oz Support

Gold (XAU/USD) Slips 1% and Flirts with $3300/oz Support

The initial July 9 deadline by the Trump administration approaches but there has been mixed messaging which may limit Gold's downside potential ahead of the announcements

Source: actionforex.com

Published (UTC): 2025-07-07 16:51:44

Gold Price Outlook – Gold Testing 50 Day EMA

Gold Price Outlook – Gold Testing 50 Day EMA

The gold market is a bit soft in the early hours of Monday, but at this point, we are still very much in the same consolidation range that we have been in for a while now. Ultimately, gold is bullish in the long term, but the market has been waiting

Source: fxempire.com

Published (UTC): 2025-07-07 16:05:12

Silver Price Outlook – Silver Drops from the Ceiling

Silver Price Outlook – Silver Drops from the Ceiling

The sliver market continues to see a ceiling at the same place, the $37.50 level. This is an area that will continue to be important, but this pullback will more likely than not be bought into.

Source: fxempire.com

Published (UTC): 2025-07-07 15:56:14

Gold 07.07.2025

Gold 07.07.2025

Gold managed to resume a drop at the market open today to test support zone of 3295-3305. As we see over the chart and as long as the market holds above 3295, another advance toward 3380 will be expected.

Source: orbex.com

Published (UTC): 2025-07-07 15:19:12

USD/JPY 07.07.2025

USD/JPY 07.07.2025

USDJPY managed to rebound above 143.40-90 and printed a 145.22 high last week while target is still toward 145.70-90. Intraday levels show supports around 143.65 and 142.65 with resistance at 145.70-90.

Source: orbex.com

Published (UTC): 2025-07-07 15:17:09

GBP/USD 07.07.2025

GBP/USD 07.07.2025

GBPUSD hit a drop towards 1.3560 while more of a drop still expected to 1.3400. As we see over the chart the market resistance is at 1.3785 with support at 1.3370 which could create a trading zone.

Source: orbex.com

Published (UTC): 2025-07-07 15:15:50

EUR/USD 07.07.2025

EUR/USD 07.07.2025

The Euro met the second target of 1.1690 and above. As we see over chart, the market is still on an uptrend wave which is still looking for the third target at 1.2000.

Source: orbex.com

Published (UTC): 2025-07-07 15:15:10

EUR/USD Mid-Day Outlook

EUR/USD Mid-Day Outlook

No change in EUR/USD's outlook as consolidation continues below 1.1829. Intraday bias stays neutral for the moment.

Source: actionforex.com

Published (UTC): 2025-07-07 15:12:59

GBP/USD Mid-Day Outlook

GBP/USD Mid-Day Outlook

No change in GBP/USD's outlook as consolidations continue below 1.3787. Intraday bias stays neutral at this point.

Source: actionforex.com

Published (UTC): 2025-07-07 15:08:56

USD/CHF Mid-Day Outlook

USD/CHF Mid-Day Outlook

USD/CHF's consolidation from 0.7871 is still in progress and intraday bias remains neutral. Stronger recovery cannot be ruled out, but upside should be limited by 0.8054 support turned resistance to bring another fall.

Source: actionforex.com

Published (UTC): 2025-07-07 15:04:45