Commodities
Silver (XAG/USD) trades with a positive bias on Wednesday but lacks strong upside momentum as traders continue to monitor evolving geopolitical developments in the Middle East. At the time of writing, XAG/USD is trading around $80, hovering near one-month highs.
Crypto
Bitcoin (BTC/USD) is battling resistance at 75000 after a recovery. This technical analysis explores daily and H4 momentum, outlining bullish targets (78197) and bearish risks (71673).
Mid-Week update for North-American Markets – Peace trading persists and brings North American Stock Markets to fresh highs, on pace for new records. The situation remains fragile, hence precautions could be warranted. Taking a close look at NA index and currency performance combined with a USD/CAD intraday chart to spot what's next for American Markets.
Forex
EUR/GBP remains choppy on Wednesday as markets track Middle East developments, while cautious optimism prevails on expectations that the United States (US) and Iran could reach a deal through renewed negotiations.
Forex
AUD/USD rises on Wednesday and trades around 0.7140 at the time of writing, up 0.28% on the day. The pair benefits from an improved risk environment after reports suggested that new discussions could take place between the United States (US) and Iran before the two-week ceasefire expires.
West Texas Intermediate (WTI), futures on NYMEX, recovers its early losses and turns positive around $90 during the European trading session on Wednesday.
Forex
The US Dollar (USD) is trimming some losses against the Canadian Dollar (CAD) on Wednesday. The pair trades at 1.3775 at the time of writing, after bouncing up from Tuesday’s lows near 1.3730, although it remains more than 1% below last week’s highs.
Forex
The (EUR) edges down against the US Dollar (USD) on Wednesday for the fist time in the last eight days. The pair trades at 1.1685, at the time of writing, after having reached fresh six-week highs above 1.1810 on Tuesday.
Forex
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann report that USD/JPY fell to 158.59 and closed at 158.77, with downside momentum starting to build.
Forex
Here is what you need to know on Wednesday, April 15:
