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4 06, 2026

EUR/GBP (EURGBP) Live Rates, Analysis & Forecast

By |2026-06-04T00:10:34+03:00June 4, 2026|Forex News, News|0 Comments

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.



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3 06, 2026

Copper price continues the rise– Forecast today – 3-6-2026

By |2026-06-03T23:59:36+03:00June 3, 2026|Forex News, News|0 Comments


Copper price continued forming bullish waves, achieving clear gains by reaching $6.6300 level, facing the recently achieved historical top to settle near it.

 

Note that the positive factors that are represented by forming extra support at $6.2500 level, and providing positive momentum by the main indicators, which makes us keep the bullish scenario, to expect targeting new historical stations that might begin at $6.7400 reaching $6.9400.

 

The expected trading range for today is between $6.4700 and $6.7400

 

Trend forecast: Bullish





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3 06, 2026

GBP/USD Forecast Today 03/06: Buyers Hold Control

By |2026-06-03T20:09:32+03:00June 3, 2026|Forex News, News|0 Comments

  • The British pound rallied slightly during the trading session on Tuesday as we continue to threaten the 1.35 level.

  • The 1.35 level is a large, round, psychologically significant figure that a lot of people will be watching very closely, and if we can break above there, it would be a very bullish sign of momentum.

  • If we break out above that level, then I believe the 1.36 level is your next target.

The GBP/USD market continues to be one where you look at short-term pullbacks for buying opportunities, especially near the 200-day EMA. The 200-day EMA at the 1.34 level is a floor in the market, and I think, all things being equal, this is a market that I think remains very noisy.

Market Choppiness and Interest Rates

But I also recognize that the choppiness makes a certain amount of sense considering that the markets are looking very much like one that still favors the British pound despite the fact that the US dollar is relatively strong. After all, you have the United Kingdom interest rates slightly higher than the United States, so this could open up a possibility of the markets just trying to grind a little bit higher.

I don’t think this is a big move waiting to happen, but short-term dips remain buying opportunities from what I can see. I have no scenario in which I am using this market for shorting opportunities. Quite frankly, if the US dollar starts to strengthen, I will probably buy it against other currencies, not the British pound at this point in time. The range has held, and will continue to at this point.

Ready to trade our daily GBP/USD Forex forecast? Here’s some of the best forex broker UK reviews to check out.

Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.

As seen on: Pairs Of Aces Podcast,The Trader Guy, FXEmpire

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3 06, 2026

Coffee prices today 3.6: Rebounding

By |2026-06-03T19:58:37+03:00June 3, 2026|Forex News, News|0 Comments


Domestic coffee prices

The domestic coffee market in the morning trading session of June 3, 2026 recorded a positive recovery momentum after a series of previous downward adjustments. According to survey data in key growing areas of the Central Highlands, the bulk purchase price simultaneously increased slightly from 500 to 600 VND per kg, bringing the regional average price level to the threshold of 87,200 VND per kg.

In Dak Nong province (old), the purchase price increased by 600 VND, to 87,300 VND per kg, continuing to maintain the highest position in the region.

In Dak Lak and Gia Lai, prices both recorded an increase of 500 VND, currently trading stably at the threshold of 87,200 VND per kg.

Meanwhile, the Lam Dong area listed a price of 86,700 VND per kg after increasing by 500 VND compared to the previous session.

In other items, pepper prices remained unchanged at the threshold of 139,000 VND per kg, especially the USD/VND exchange rate at Vietcombank recorded at 26,092 VND.

World coffee prices

Developments on international futures exchanges in the nearest closing session continued to witness clear differentiation between the two exchanges.

On the London exchange, Robusta futures for July 2026 delivery continued to maintain green with an increase of 24 USD, equivalent to 0.70%, closing the session at 3,462 USD per ton.

Conversely, the New York exchange recorded Arabica futures for July 2026 delivery down 1.40 cents, equivalent to 0.54%, falling to 259.20 cents per pound. Pressure on Arabica prices mainly comes from a drier weather forecast in Brazil this week, a factor expected to support the resumption of harvesting after a period of interruption due to heavy rain.

Coffee price assessment and forecast

World coffee prices closed in opposite directions on Tuesday, with Arabica prices falling to the lowest level of the nearest contract in 1.5 years.

The coffee market is entering a period of fierce tug-of-war between fundamental factors.

On the one hand, pressure from global supply prospects is weighing heavily on speculators’ sentiment. Reputable organizations such as Coffee Trading Academy forecast that Brazil’s 2026/27 coffee production will increase sharply by 12% over the same period, reaching the threshold of 71.4 million bags, while StoneX forecasts that the global surplus in 2026 may reach 10 million bags.

Coffee exports from our country in the first 4 months of this year increased by 15.8%, which is also a factor putting negative pressure on Robusta prices.

However, the long-term picture still contains many risks for the selling side. Concerns about the El Niño weather phenomenon that is likely to turn into a “Super El Niño” spell later this year, combined with prolonged drought, are directly threatening Brazil’s 2026/27 crop harvest.

At the same time, the closure of the Strait of Hormuz continues to push up transportation costs, insurance and fertilizers, increasing costs for roasters around the globe, thereby maintaining pressure to tighten the actual supply.

In the near future, coffee prices are likely to continue to fluctuate strongly according to weather developments in Brazil. If harvesting conditions in South America are really favorable in June, prices may be under adjustment pressure.

Conversely, if the drought situation in Vietnam continues to prolong, Robusta prices on the London exchange have every opportunity to maintain their upward momentum or break through if inventories continue to maintain at a record low.





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3 06, 2026

Rabobank US Dollar To Yen Forecast: USD/JPY Could Fall To 155 Despite 160 Test

By |2026-06-03T16:08:36+03:00June 3, 2026|Forex News, News|0 Comments

The US Dollar to Yen (USD/JPY) exchange rate remains close to multi-decade highs and is trading around 159.90 after repeatedly testing the 160 level over recent weeks.

Rabobank expects the Japanese Yen to regain some ground over the medium term and has adjusted its six-month USD/JPY forecast to 155.00, although it stresses that any recovery depends on further hawkish signals from the Bank of Japan.

The US Dollar strengthened against most major currencies during May as markets increased expectations that the Federal Reserve could keep interest rates higher for longer.

Despite speculation over a June Bank of Japan rate hike and substantial intervention by Japan’s Ministry of Finance, the Yen remained one of the weakest G10 currencies.

Rabobank notes that support for tighter policy within the BoJ is growing. Several policymakers have expressed concern about inflation pressures, while Governor Ueda has suggested that temporary price shocks could become more persistent through their impact on wages and inflation expectations.

The bank also points to stronger-than-expected retail sales, labour market data and industrial production figures as evidence that the economy could withstand higher interest rates.

However, expectations of a June rate increase have done little to push USD/JPY away from 160, suggesting that policymakers may need to deliver a much stronger hawkish message if they want to support the currency.

Rabobank also highlights that Japan spent an estimated JPY11.7 trillion intervening in currency markets during May, underlining the scale of the challenge facing authorities.

While the bank expects USD/JPY to move lower over the next six months, it believes that a sustained Yen recovery will require continued Bank of Japan tightening and a reduction in the appeal of Yen-funded carry trades.

foreign exchange rates

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3 06, 2026

XAU/USD Analysis 03/06: Trading Below $4,500 Keeps Selling Pressures in Control (chart)

By |2026-06-03T15:57:50+03:00June 3, 2026|Forex News, News|0 Comments


  • The Overall Gold Trend: Remains in a bearish bias.

  • Today’s Gold Support Points: $4455 – $4420 – $4360 per ounce.

  • Today’s Gold Resistance Points: $4540 – $4580 – $4640 per ounce.

Today’s Gold Trading Signals:

  • Bullish Scenario: Buy Gold from the support level of $4,410 with a target of $4,600 and a stop loss at $4,370.

  • Bearish Scenario: Sell Gold from the resistance level of $4,610 with a target of $4,450 and a stop loss at $4,670.

Note: These recommendations are suitable for medium-to-long-term traders, provided there is strict adherence to capital and risk management

Daily Technical Analysis of Gold/US Dollar (XAU/USD):

During yesterday’s trading session, gold prices remained under selling pressure every time they attempted to rebound. The strength of the US dollar, rising oil prices, and increasing pressure on central banks to tighten monetary policy continue to dampen investor appetite for the precious metal. According to top gold trading platforms, gold prices declined from a high of $4,541 per ounce during the session to a support level of $4,463 per ounce at the time of writing.

Gold Selling Scenario Remains the Strongest

According to the technical outlook, the stability of gold prices around and below the support level of $4,500 per ounce will continue to support the sellers’ dominance over the trend. The movement of technical indicators is in a negative bias so far. The 14-day Relative Strength Index (RSI) is below the neutral line. The 100-day Simple Moving Average (SMA) is below the 200-day SMA, and the MACD indicator joins the technical indicators confirming the bearish bias, signaling a stronger downward move until reaching oversold territories.

Via the best trading platforms, and over the past three weeks, gold traded neutrally within a narrow range amid uncertainty surrounding a potential peace agreement between the United States and Iran, as its movements were mostly driven by circulating news.

As is well known, gold, which yields no return, is considered more attractive to investors when interest rates are low. However, this scenario seems unlikely as long as the war continues, as central banks will be more inclined to keep interest rates high to combat inflationary pressures.

Global Banks’ Gold Reserves

In this regard, and according to the European Central Bank (ECB), this was the percentage of gold in foreign reserves held by central banks around the world by the end of 2025. The share of gold exceeded the share of US Treasuries (22%) and the euro’s share (15%). Other dollar-denominated reserves accounted for 20%.

Mainly, this percentage had risen from 20% in the previous year, due to the rise in gold prices, rather than central bank purchases of bullion.

After years of overbuying, these banks’ appetite for increasing their gold holdings has waned as the price of the precious metal has risen (gold has increased by more than a third in the past twelve months).

Some banks have already begun reducing their holdings. At the beginning of this year, Turkey sold or lent a significant amount of gold to defend its currency following the US-Israeli attack on Iran, according to the European Central Bank.

Gold Forecast in the Coming Months

Despite gold’s weakness in recent months, many gold market experts expect the price of the yellow metal to rise by the end of 2026, with banks like JPMorgan forecasting an average price of $5,000 per ounce, while Goldman Sachs has set a target at $5,400 per ounce.

Generally, gold was on track to achieve or exceed those targets after a strong start to the year, hitting a record high of around $5,600 per ounce in January.

However, geopolitical tensions took a toll on the outlook for another strong year similar to 2025, when prices surged by 60%. So far in 2026, the price of gold has risen by 4.5%.

Conclusion:

Obviously, the gold market will remain under selling pressure. Therefore, the prices will continue to experience continuous volatility if the factors currently affecting the markets remain without a radical change.

Trading Advice:

Dear Traders Up trader, despite the dominance of selling pressure in the short term, some long-term investors prefer gradual buying on dips. Strictly, it is essential to adhere to capital management and set stop-loss levels to mitigate risks.

Ready to trade today’s Gold prediction? Here’s a list of some of the best XAU/USD brokers to check out.



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3 06, 2026

Lloyds Euro To Dollar Forecast: EUR/USD Uptrend Intact Above 1.1392 Support

By |2026-06-03T12:07:29+03:00June 3, 2026|Forex News, News|0 Comments

The Euro to Dollar (EUR/USD) exchange rate has struggled to make further headway in recent weeks and is trading near 1.1630 after retreating from May highs close to 1.1800.

Lloyds Bank nevertheless maintains a constructive medium-term outlook for the single currency and expects EUR/USD appreciation to continue, although the pace of gains could be slower than previously anticipated.

The bank acknowledges that the Eurozone economy has lost momentum in recent months as higher oil prices have weighed on confidence and business activity.

According to Lloyds, the rise in energy prices has triggered a stronger behavioural response in Europe than in other major economies. Although the latest oil shock is modest compared with the energy crisis seen in 2022, households and businesses remain sensitive to rising energy costs.

This slowdown in activity has prompted a shift in European Central Bank policy expectations, with the ECB moving back towards a tightening bias in response to renewed inflation concerns.

Lloyds believes there is a risk that policymakers may be overreacting if energy prices stabilise or if anticipated supply disruptions prove less severe than currently feared.

The bank notes, however, that inflation was relatively subdued before the latest oil-price surge and that monetary policy is broadly neutral. In this context, any additional ECB tightening should be limited and manageable for the wider economy.

As a result, Lloyds expects the current slowdown to moderate the recovery rather than derail it completely. The bank still sees underlying support for Eurozone growth once energy market concerns begin to ease.

Lloyds also considers that the Euro continues to benefit from longer-term structural factors. The Eurozone offers investors a high degree of institutional stability and policy predictability at a time when global political and economic uncertainty remains elevated.

foreign exchange rates

Efforts to strengthen the region’s economic resilience through investment and fiscal initiatives should also support investor confidence over time, particularly if external challenges encourage policymakers to accelerate reforms.

While Lloyds accepts that EUR/USD gains may be more gradual in the near term, it believes the broader appreciation trend remains intact. According to the bank, it would take a decline below 1.1392 to seriously undermine the constructive medium-term outlook for the Euro against the US Dollar.

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3 06, 2026

Platinum price moves slowly– Forecast today – 3-6-2026

By |2026-06-03T11:56:28+03:00June 3, 2026|Forex News, News|0 Comments


Copper price continued forming bullish waves, achieving clear gains by reaching $6.6300 level, facing the recently achieved historical top to settle near it.

 

Note that the positive factors that are represented by forming extra support at $6.2500 level, and providing positive momentum by the main indicators, which makes us keep the bullish scenario, to expect targeting new historical stations that might begin at $6.7400 reaching $6.9400.

 

The expected trading range for today is between $6.4700 and $6.7400

 

Trend forecast: Bullish





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3 06, 2026

GBP/JPY Price Forecast: Uptrend holds, eyes on 216.00, BoJ risks loom

By |2026-06-03T08:06:32+03:00June 3, 2026|Forex News, News|0 Comments

The Pound Sterling advances versus the Japanese Yen on Tuesday, up by 0.24%, driven by traders’ optimism about a US-Iran deal, even though there are rumours that Iran has halted negotiations amid the Israel-Hezbollah conflict over the weekend. The GBP/JPY trades at 215.34 after bouncing off daily lows of 214.74.

GBP/JPY Price Forecast: Technical outlook

From a technical standpoint, the GBP/JPY uptrend remains intact, but as the USD/JPY pair closes into the 160.00 area, the possibility of an intervention by the Bank of Japan (BoJ) increases.

If not for the BoJ, the GBP/JPY could resume its advance and test the 216.00 figure, followed by the yearly peak at 216.60 hit on April 30. A breach of the latter, and there’s nothing in the way for buyers to drive the cross-pair towards the 220.00 mark.

On the flip side, the first support for GBP/JPY is at 215.00. Once hurdled, the next stop would be the May 25 daily high turned support at 214.68, ahead of the confluence of the 20- and 50-day Simple Moving Averages (SMAs), each at 213.76/68, respectively.

GBP/JPY Price Chart – Daily

GBP/JPY daily chart

Japanese Yen Price Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the Swiss Franc.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.04% -0.05% 0.19% -0.01% -0.28% 0.10% 0.15%
EUR -0.04% -0.09% 0.13% -0.07% -0.32% 0.07% 0.09%
GBP 0.05% 0.09% 0.22% 0.02% -0.19% 0.18% 0.15%
JPY -0.19% -0.13% -0.22% -0.20% -0.44% -0.08% -0.07%
CAD 0.01% 0.07% -0.02% 0.20% -0.25% 0.12% 0.12%
AUD 0.28% 0.32% 0.19% 0.44% 0.25% 0.36% 0.36%
NZD -0.10% -0.07% -0.18% 0.08% -0.12% -0.36% -0.01%
CHF -0.15% -0.09% -0.15% 0.07% -0.12% -0.36% 0.00%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

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3 06, 2026

Forecast update for silver-02-06-2026

By |2026-06-03T07:55:22+03:00June 3, 2026|Forex News, News|0 Comments


Coffee price activated the previously suggested bearish trend by providing new negative closes below the broken support at 276.00, to form a strong barrier and form some bearish waves, approaching the initial target at 259.60.

 

Note that stochastic stability within the oversold level will increase the chances of gaining extra negative momentum, to resume the bearish attempts that might target 243.40 and 233.70 level.

 

The expected trading range for today is between 243.40 and 270.00

 

Trend forecast: Bearish





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