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forex Forex
22:00 - 24.07.2026
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NZD/USD Price Forecast: Tests 0.5800 as bullish momentum fades

The New Zealand Dollar gains over 0.30% against the US Dollar, poised to test key resistance levels, with the 50-day Simple Moving Average (SMA) at 0.5793, slightly below the 0.5800 figure. At the time of writing, the NZD/USD trades at 0.5789, after bouncing off daily lows of 0.5767.

commodities Commodities
20:00 - 24.07.2026
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Silver Price Forecast: XAG/USD consolidates as bulls struggle to clear the 21-day SMA

Silver (XAG/USD) edges higher on Friday as a pullback in Oil prices pushes US Treasury yields lower, while the US Dollar (USD) fluctuates near recent highs. At the time of writing, XAG/USD trades around $58.60, up 2.40% on the day.

16:00 - 24.07.2026
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WTI Price Forecast: Bulls retest 100-day SMA as momentum stays bullish

West Texas Intermediate (WTI) eases on Friday as traders lock in profits following a 6% jump the previous day. However, the widening Middle East war limits the downside as supply risks intensify around two major energy-shipping routes, the Strait of Hormuz and Bab el-Mandeb.

commodities Commodities
15:00 - 24.07.2026
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Silver Price Forecast: XAG/USD recovers as the US Dollar eases

Silver (XAG/USD) trades around $58.55 at the time of writing on Friday, up 2.24% on the day, benefiting from a modest pullback in the US Dollar (USD) following its recent rally.

forex Forex
10:00 - 24.07.2026
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Forex Today: New wave of US tariffs, deepening Middle East conflict keep markets on edge

Here is what you need to know on Friday, July 24:

forex Forex
09:00 - 24.07.2026
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AUD/USD Price Forecast: Surging US bond yields warrant downside

The Australian Dollar (AUD) trades marginally higher at around 0.6976 against the US Dollar (USD) during the European trading session on Friday.

08:00 - 24.07.2026
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WTI Price Forecast: Falls to near $90.00, while bullish structure stays intact

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.05 during the early European trading hours on Friday. WTI tumbles as traders book some profits.

forex Forex
07:00 - 24.07.2026
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EUR/JPY Price Forecast: Eyes rising wedge top near 187.00

EUR/JPY extends its gains for the fourth consecutive day, trading around 186.50 during the Asian hours on Friday. The currency cross is maintaining a bullish near-term bias as price holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).

04:00 - 24.07.2026
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10% weekly surge: WTI holds above $90.00 amid Middle East escalation

West Texas Intermediate (WTI) oil price halts its three-day winning streak, trading around $90.20 per barrel during the Asian hours on Friday. However, WTI crude price is on track to surge over 10% this week.

forex Forex
22:00 - 23.07.2026
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AUD/USD Price Forecast: Bulls struggle below the 50-day SMA

AUD/USD edges lower on Thursday as a stronger US Dollar (USD) outweighs support from stronger-than-expected Australian employment data. At the time of writing, the pair trades around 0.6966, down 0.45% on the day.

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forex Forex
13:52 - 19.09.2023
Forex
13:52 - 19.09.2023

Euro clings to daily gains around the 1.0700 barrier

The Euro (EUR) manages to improve its performance against the US Dollar (USD), motivating EUR/USD to surpass the key barrier at 1.0700 the figure on Tuesday.

The Greenback remains under further selling pressure and puts the key 105.00 support to the test when tracked by the USD Index (DXY), in the context of a marginal uptick in US yields across the curve and prudence prior to the Federal Reserve (Fed) meeting on Wednesday.

In terms of monetary policy, investors are still evaluating the dovish rate hike implemented by the European Central Bank (ECB) last week. Furthermore, they maintain their anticipation of potential interest rate cuts by the Fed taking place at some point in the second quarter of 2024.

In the Euro’s data space, the Current Account surplus in the eurozone shrank to a seasonally adjusted €20.9 billion in July, while final inflation figures for August saw the headline CPI rise 5.2% from a year earlier and 5.3% YoY when it comes to the Core CPI (excluding energy and food costs).

In the US, Bulding Permits expanded at a monthly 6.9% in August (1.543M units) and Housing Starts contracted 11.3% MoM  (1.283M units).

Daily digest market movers: Euro appears bid ahead of FOMC

  • The EUR regains extra pace against the USD.
  • US and German yields edge higher so far on Tuesday.
  • Markets widely anticipate the Fed to keep rates unchanged.
  • According to RBA Minutes, there was a strong consensus to hold rates.
  • Investors continue to price in potential rate cuts by the Fed in H1 2024.
  • An impasse in the ECB’s hiking cycle appears to be gathering traction.
  • ECB’s Francois Villeroy said the deposit rate could be at 4.0% for as long as needed.
  • OECD sees the Chinese economy expanding 5.1% in 2023 (from 5.4%).

Technical Analysis: Euro sees its downside alleviated above 1.0828

EUR/USD appears to be gaining strength and moving towards the 1.0700 level, but it is important for the pair to quickly surpass the 200-day SMA at 1.0828 in order to alleviate some of the recent bearish sentiment.

In the event that the EUR/USD breaks under its September 14 low of 1.0631, there is a possibility that it may revisit the March 15 low of 1.0516 before reaching the 2023 bottom of 1.0481 from January 6.

On the upside, the focus is on the critical 200-day Simple Moving Average (SMA) at 1.0828. If the pair manages to break above this level, it could potentially lead to a bullish momentum. This could result in a test of the provisional 55-day SMA at 1.0919, seconded by the August 30 high of 1.0945. If this scenario unfolds, it may open the way for a rally towards the psychological level of 1.1000 and the August 10 top of 1.1064. Further upside movement could see the pair aiming for the July 27 peak at 1.1149, ahead of the 2023 high at 1.1275 seen on July 18.

However, as long as the EUR/USD remains below the 200-day SMA, there is a possibility that the pair may continue to experience downward pressure. 

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