17
08, 2026
17
08, 2026
The GBPJPY price maintains its positive momentum – Forecast today – 17-8-2026
The pair’s price has provided a new positive signal by recently pushing above the established barrier at 215.50, confirming its adherence to the previously suggested bullish scenario. The price has consequently recorded some additional gains, reaching the 215.90 level.
We will currently rely on the 214.80 level as additional support and emphasize the importance of the main indicators providing positive momentum, which would facilitate the move toward the next targets, located around 216.35 and 216.85, respectively.
The expected trading range for today is between 215.10 and 216.35
Trend forecast: Bullish
17
08, 2026
Silver Forecast: XAG/USD bulls eye $66.00 and 100-day EMA breakout
Silver (XAG/USD) is seen building on Friday’s bounce from mid-$63.00s and gaining some follow-through positive traction at the start of a new week. The white metal, however, continues with its struggle to break above the 100-day Exponential Moving Average (EMA) and currently trades above mid-$65.00s, up around 1.50% for the day.
The US Dollar (USD) selling bias remains unabated as traders continue to scale back Federal Reserve (Fed) rate hike bets amid signs of cooling US inflation and weak consumer spending. This, in turn, is seen as a key factor underpinning demand for USD-denominated commodities, including the XAG/USD, and backs the case for further gains.
From a broader technical perspective, the XAG/USD has been oscillating in a familiar range over the past week or so. This could be categorized as a bullish consolidation phase against the backdrop of a goodish recovery from the year-to-date low, touched in July, and the recent breakout through the 23.6% Fibonacci retracement level of the May-July downfall.
Moreover, momentum indicators stay constructive as the Relative Strength Index (RSI) hovers near 61, and the Moving Average Convergence Divergence (MACD) histogram holds in positive territory. This suggests that upside attempts could persist even as the XAG/USD struggles to make it through the 100-day EMA pivotal resistance near the $66.33 area.
The said barrier is followed by the 38.2% Fibo. level at $67.93. A sustained move above the said levels would be needed to pave the way for further gains toward the mid-range Fibonacci hurdle at $72.02. On the downside, initial support is aligned with the 23.6% Fibo. near $62.87, where a break would expose the lower anchor of the current swing near $54.70.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
XAG/USD daily chart
Silver FAQs
Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.
Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.
Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.
17
08, 2026
EUR/USD Forecast: Hawkish ECB Signals Support Euro, But Fed Divergence Caps Gains | Forex News Federal Reserve
EUR/USD Forecast: Hawkish ECB Signals Support Euro, But Fed Divergence Caps Gains
The Euro remains underpinned by growing market expectations that the European Central Bank (ECB) will maintain a hawkish policy stance, even as the Federal Reserve signals potential rate cuts, creating a dynamic that continues to support EUR/USD in the near term. As of mid-2025, the pair is trading within a range that reflects the ongoing divergence in monetary policy between the two central banks.
ECB’s Hawkish Stance Bolsters the Euro
The European Central Bank has signaled that it is in no rush to ease monetary policy, with several policymakers emphasizing the need to remain vigilant against persistent inflationary pressures. This contrasts with the Federal Reserve, which has hinted at possible rate cuts later this year if economic data continues to cool. The resulting yield differential has made the Euro more attractive to investors, providing a floor under EUR/USD.
Market participants are now pricing in a slower pace of ECB rate cuts compared to the Fed, a view reinforced by recent Eurozone inflation figures that have remained above the ECB’s 2% target. While the ECB has acknowledged some softening in economic activity, the overall tone from the central bank suggests that any easing will be gradual and data-dependent.
Fed Divergence Caps Euro Upside
Despite the Euro’s resilience, upside potential remains limited by the relative strength of the US economy. The Federal Reserve has maintained a cautious approach, but robust employment and consumer spending data have delayed expectations for aggressive rate cuts. This has kept the US dollar supported, preventing EUR/USD from breaking out of its current trading range.
Technical analysts note that the pair is facing resistance around the 1.0900 level, with support seen near 1.0800. A clear break above resistance could signal further gains, but without a more decisive shift in Fed policy, the Euro may struggle to sustain momentum. Conversely, a dovish surprise from the ECB could trigger a sharp pullback.
What This Means for Forex Traders
For forex traders, the key takeaway is the importance of monitoring central bank communications and economic data releases. The policy divergence between the ECB and the Fed is likely to remain the primary driver of EUR/USD movements in the coming weeks. Traders should also watch for any shifts in market sentiment that could alter the current range-bound dynamics.
Conclusion
In summary, the Euro is benefiting from a hawkish ECB outlook, but the Federal Reserve’s cautious stance and resilient US economy are capping significant upside. As of now, EUR/USD is likely to remain range-bound, with the direction determined by upcoming economic data and central bank signals. Investors should stay informed and adapt their strategies accordingly.
FAQs
Q1: Why is the Euro supported despite a slowing Eurozone economy?
The Euro is supported by the ECB’s hawkish stance, which suggests that interest rates will remain higher for longer compared to the Fed. This makes Euro-denominated assets more attractive, supporting the currency even amid economic softness.
Q2: What is the key level to watch in EUR/USD?
Traders are watching the 1.0900 resistance level and the 1.0800 support level. A break above 1.0900 could signal further gains, while a drop below 1.0800 might indicate a bearish trend.
Q3: How do Fed rate cut expectations affect EUR/USD?
If the Fed cuts rates more aggressively than the ECB, the dollar could weaken, boosting EUR/USD. Conversely, if the Fed holds rates steady while the ECB eases, the dollar could strengthen, putting downward pressure on the pair.
This post EUR/USD Forecast: Hawkish ECB Signals Support Euro, But Fed Divergence Caps Gains first appeared on BitcoinWorld.
16
08, 2026
Forecast update for Gold -13-08-2026
The price of gold rose slightly during its recent intraday trading, affected by the stability of the support level at $4,380, gaining bullish momentum that helped it to stop its early losses, amid the dominance of the bullish trend on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the chances of a near term recovery. The relative strength indicators reached oversold levels, exaggeratedly compared to the price move, to suggest forming bullish momentum with bullish overlapping signals.
16
08, 2026
EUR/USD Forecast: US Dollar can resume its advance on war headlines
The EUR/USD pair settled in the 1.1580 area marginally higher in the week, yet unable to find a clear path. The pair holds near its August peak at 1.1581, as demand for the US Dollar (USD) remains subdued amid poor employment figures and steady inflation.
Contributing to the lack of directional strength, the United States (US) and Iran remain in a stalemate, without attacking each other or negotiating a way out.
Middle East crisis
At this point, the key is that the Strait of Hormuz remains closed and both Tehran and Washington claim to have it under control. The truth is, traffic through the sea passage is severely disrupted, resulting in higher Oil prices and fears that higher energy prices will soon spill back into inflation.
US Treasury Secretary Scott Bessent has threatened Iran with economic isolation “like the world has never seen before,” as the US maintains its demand for Iran to drop all nuclear weapons. Tehran, on the other hand, demands sole control of the Strait of Hormuz, while claiming it will not end its fight in the Middle East until President Donald Trump is out of office in 2029.
Other than that, the Memorandum of Understanding (MoU) signed in June is set to expire on Sunday. And while some tit-for-tat fire took place and talks were interrupted, there were no major strikes that could fuel concerns. That may come to an end without the MoU in the way.
US data keeps Fed’s hike odds subdued
The macroeconomic calendar was pretty scarce in the past week, with one major exception: the US released the July Consumer Price Index (CPI). Annual inflation, as measured by the change in the CPI, declined to 3.4% in July from 3.5% in June, in line with market expectations. In fact, all figures matched expectations, with core annual CPI printing at 2.5%, down from 2.6% posted in June. The figures supported the case for an on-hold Federal Reserve (Fed) in September, limiting USD demand.
Other data showed that Retail Sales were up 5% in July, while the June reading was upwardly revised to 6.8%. Finally, the preliminary estimate of the August Michigan Consumer Sentiment Index contracted to 51 from the 55.2 posted in July. The same report showed inflation expectations on a 1-year perspective ticked higher, to 4.3% from 4.2%, while the 5-year view remained unchanged at 3.3%.
European slow macroeconomic growth
The Euro was unable to attract investors amid the lack of a fresh catalyst. On the one hand, Germany confirmed the Harmonized Index of Consumer Prices (HICP) at 2.8% YoY in July as previously estimated. On the other hand, the Euro area released the second estimate of the Q2 Gross Domestic Product (GDP), reporting quarterly growth at 0.4%.
The figures reaffirmed the market’s conviction that the European Central Bank (ECB) will hike the benchmark interest rate by 25 basis points (bps) in the upcoming September meeting. At the time of writing, hike odds stand at 90%, according to the ECB Watch tool.
What’s next
War developments could be at the top of the market movers in the upcoming days, particularly if any party involved decides to resume attacks. And it’s not just about the US or Iran. Israel, Saudi Arabia, Iraq and Oman are lately making it to the headlines amid rising tensions over the usage of the Strait of Hormuz.
A war escalation that pushes Oil prices further up will likely revive demand for the safe-haven USD, mostly because it would also push up Fed hike odds.
Data-wise, there’s little to take care of: Germany will publish the August ZEW Survey on Economic Sentiment, while ECB President Christine Lagarde will be on the wires on Wednesday, and the Federal Open Market Committee (FOMC) will release the Minutes of its July meeting. On Friday, S&P Global, alongside local banks, will publish the preliminary estimates of the August Purchasing Managers’ Indexes (PMIs) for European economies and the US.
EUR/USD Technical Outlook:
From a technical standpoint and according to the daily chart, EUR/USD trades at 1.1582. The pair holds is bullish. It advances above the 100-day Simple Moving Average (SMA) at 1.1568 and the 20-day SMA at 1.1482, but remains capped by the 200-day SMA at 1.1630. Momentum stays constructive, with the 14-period Relative Strength Index (RSI) indicator heading north at 63 and the 14-period Momentum indicator firmly positive above its midline, which suggests buyers still have the upper hand while the 200-day SMA acts as an inmediate ceiling at 1.1630.
In the weekly chart, EUR/USD is more neutral. The pair remains above the 20-, 100- and 200-week SMAs at 1.1569, 1.1321 and 1.1050 respectively, now advancing above the shorter one for the first time since last May. Still, the the Momentum indicator aims modestly lower in negative territory and a the RSI indicator hovers around 51 suggesting only subdued upside pressure rather than an aggressive bullish trend.
On the topside, initial resistance is located at the 200-day SMA at 1.1630, and a sustained break above this level would open the door to further gains intially towards the 1.1700 mark. On the downside, immediate support emerges at the 1.1560 region, followed by the more relevant 1.1470 price zone.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
16
08, 2026
Silver Price Forecast: XAG/USD Stalls as Rising Yields Cap Recovery | Forex News Analysis
Silver Price Forecast: XAG/USD Stalls as Rising Yields Cap Recovery
Silver (XAG/USD) is struggling to extend its recovery, with prices stalling as rising US Treasury yields continue to cap upside momentum. As of [current date], spot silver trades near [current price] after failing to hold recent gains, reflecting a market caught between safe-haven demand and yield-driven headwinds.
Why are Treasury yields pressuring silver?
Silver, like gold, is a non-yielding asset, so rising Treasury yields increase the opportunity cost of holding it. The recent uptick in yields, particularly on the US 10-year note, has strengthened the US dollar and weighed on precious metals. This dynamic has kept silver’s recovery attempts shallow, with each rally met by fresh selling interest.
Technical outlook: Key levels to watch
From a technical standpoint, silver is hovering near a critical support zone. The immediate support is seen around the $[support level] area, with a break below that opening the door to the next downside target at $[next support]. On the upside, resistance is located at $[resistance level], and a daily close above that level would signal a more meaningful recovery. However, as long as yields remain elevated, the path of least resistance appears to be lower.
Market context and implications
The current stall in silver’s recovery reflects a broader consolidation phase in the precious metals complex. Investors are balancing expectations of Federal Reserve policy with global growth concerns. If yields continue to climb, silver could face renewed selling pressure, but any dovish signal from the Fed or a risk-off shift in markets could quickly revive demand for the metal.
Conclusion
Silver’s price action remains subdued as Treasury yields cap recovery attempts. Traders should monitor yield movements and key technical levels for the next directional cue. Until the macro backdrop shifts, silver is likely to remain range-bound with a bearish tilt.
FAQs
Q1: What is the current silver price forecast?
Silver is currently stalling as rising Treasury yields limit upside. The short-term outlook is mixed, with key support and resistance levels to watch.
Q2: How do Treasury yields affect silver prices?
Higher yields increase the opportunity cost of holding non-yielding assets like silver, making it less attractive to investors and typically putting downward pressure on prices.
Q3: What are the key support and resistance levels for XAG/USD?
Immediate support is near $[support level], with resistance at $[resistance level]. A break of these levels will likely determine the next trend.
This post Silver Price Forecast: XAG/USD Stalls as Rising Yields Cap Recovery first appeared on BitcoinWorld.
15
08, 2026
Natural Gas Price Forecast – Muted Demand and High Supply Cap Natural Gas at $2.75
Seasonal Shifts and Contract Rollovers
The question now will be what happens when we roll over into the October contract in a couple of weeks. We start to think about cooler weather in the Northeast here in the United States. That’s generally when we have a couple of days here and there that we have to start turning on the heat.
So that is typically the beginning of a little bit more bullish momentum. The situation in the Middle East could get out of hand pretty quickly, and if Qatar’s natural gas production gets hit again by Iranian missiles, that could throw things into disarray, especially in the winter.
Ultimately, I am a seasonal trader here. We’re still in a pretty weak time of year, so I don’t like natural gas overall, but there are a few months coming up that tend to be very bullish. As things stand right now, any rally would probably have to contend with the 50-day EMA at $2.90, and then the $3 level as potential resistance.
15
08, 2026
15
08, 2026
GBP/USD Price Forecast: Picks up above 1.3500 amid generalised US Dollar weakness
The British Pound (GBP) pares losses against a weaker US Dollar (USD) on Friday, as a run of soft US inflation figures and growing signs of labour market deterioration have cast doubt about the odds for an immediate Federal Reserve (Fed) rate hike. The GBP/USD has returned to the 1.3520 area from Thursday’s lows at 1.3474, inching towards a key resistance around 1.3550.
The focus on Friday is on the US Retail Sales, which are expected to show a 0.1% uptick in July, after a 0.2% gain in June, alongside the University of Michigan survey, which is foreseen to be little changed in August.
FX Strategists at ING state that these are “second-tier releases” that would “likely need to deliver significant surprises to trigger a meaningful dollar reaction,” reinforcing the sense that, absent a major data shock, the Dollar is unlikely to break decisively from its current, relatively stable trading pattern.
Technical Analysis: Key resistance is at the 1.3550 area
GBP/USD trades at 1.3520 at the time of writing, trapped within the weekly trading range, with key resistance area around 1.3550. Momentum indicators show an incipient bullish traction with the 4-hour Relative Strength Index (14) above 60, yet with the Moving Average Convergence Divergence (MACD) indicator flat near the zero line, which suggests that the move is far from impulsive.
Pound bulls would need to confirm above the July 15 and August 12 highs, around 1.3550, to resume their broader bullish trend, aiming for a retest of the early May highs in the mid-range of the 1.3600s.
Downside attempts, on the other hand, have been contained at Thursday’s low of 1.3474, ahead of the previous week’s trading bottom, just above 1.3400. Further down, there is no clear support until the July 27 low, at 1.3273.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.20% | -0.26% | -0.25% | -0.28% | -0.16% | -0.44% | -0.09% | |
| EUR | 0.20% | -0.06% | -0.06% | -0.11% | 0.05% | -0.24% | 0.11% | |
| GBP | 0.26% | 0.06% | 0.02% | -0.05% | 0.11% | -0.16% | 0.18% | |
| JPY | 0.25% | 0.06% | -0.02% | -0.01% | 0.09% | -0.20% | 0.18% | |
| CAD | 0.28% | 0.11% | 0.05% | 0.01% | 0.11% | -0.16% | 0.20% | |
| AUD | 0.16% | -0.05% | -0.11% | -0.09% | -0.11% | -0.28% | 0.09% | |
| NZD | 0.44% | 0.24% | 0.16% | 0.20% | 0.16% | 0.28% | 0.38% | |
| CHF | 0.09% | -0.11% | -0.18% | -0.18% | -0.20% | -0.09% | -0.38% |
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 US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).