The pair’s price failed to reach the resistance barrier near 217.85, while it is currently reacting to the attempt of the Stochastic indicator to exit the overbought zone, forcing the pair to move in mixed sideways trading and fluctuate around 216.75.
We emphasize the importance of maintaining trading above 216.35 during the current period, as this would allow the pair to renew its bullish attempts and push toward the aforementioned resistance barrier. A breakout above this level would confirm its transition into a new positive phase, extending the move directly toward 218.35 and 218.65. On the other hand, slipping below 216.35 would force the pair to activate the bearish corrective scenario, targeting 215.55 initially.
The expected trading range for today is between 216.50 and 217.85
The platinum price was forced into mixed sideways trading, continuing to hover near $1865.00, as it remains confined between the resistance barrier at $1905.00 and the important support level at $1780.00.
We note that renewed positive momentum from the main indicators would increase the chances of the price resuming its bullish attempts. Accordingly, we expect it to retest the resistance barrier, where surpassing it will open the way for resuming the bullish move, targeting $1955.00 and $1990.00.
The expected trading range for today is between $1485.00 and $1910.00
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.
Silver (XAG/USD) has reclaimed its 100-day simple moving average (SMA), a key technical level that signals a potential shift in momentum, with market participants now setting their sights on the $70 per ounce mark.
Technical Breakout: Reclaiming the 100-Day SMA
The move above the 100-day SMA, a widely watched indicator by traders and analysts, suggests that the recent pullback in silver prices may be losing steam. As of the latest trading session, silver is holding above this level, which previously acted as resistance during the recent decline. This reclaim often attracts technical buyers and can lead to further upside momentum.
The 100-day SMA is a critical gauge of the medium-term trend. A sustained move above it could open the door for a test of the $70 psychological level, a price point not seen in recent history. However, traders should note that a failure to hold this level could lead to a retest of lower support zones.
Factors Driving Silver’s Resurgence
Several fundamental factors are underpinning silver’s strength. A softer US dollar, as reflected in the DXY index, has historically been supportive for precious metals, as it makes them cheaper for holders of other currencies. Additionally, expectations that the Federal Reserve may pivot towards a more accommodative monetary policy in the coming months have boosted the appeal of non-yielding assets like silver.
Industrial demand also plays a crucial role. Silver’s extensive use in solar panels, electronics, and electric vehicles continues to provide a solid demand floor. As global green energy initiatives accelerate, silver’s industrial consumption is projected to remain robust, adding a supportive backdrop to its price action.
What the $70 Target Means for Investors
The $70 level is not just a round number; it represents a significant technical and psychological barrier. A move to this price would represent a substantial gain from current levels and could trigger a new wave of investment interest. However, it is essential to approach such targets with caution, as markets can be volatile and unforeseen macroeconomic events can derail even the most bullish technical setups.
For investors, the reclaim of the 100-day SMA offers a potential entry point, but prudent risk management remains paramount. Monitoring the dollar’s trajectory, upcoming Fed statements, and global industrial production data will be key to gauging whether silver can sustain its upward path.
Conclusion
Silver’s reclaim of the 100-day SMA is a bullish technical signal, and the path towards $70 is now a focal point for market watchers. While the outlook appears constructive, driven by a softer dollar and robust industrial demand, investors should remain vigilant about potential headwinds, including shifts in monetary policy and broader economic data releases.
FAQs
Q1: What is the 100-day simple moving average (SMA)? The 100-day SMA is a technical indicator that calculates the average closing price of silver over the last 100 days. It is used by traders to assess the medium-term trend. A price above the SMA often indicates bullish momentum, while a price below suggests bearish sentiment.
Q2: Why is the $70 level significant for silver? The $70 level is a major psychological and technical resistance point. It represents a price target that could attract significant buying interest if reached, but it also may trigger profit-taking. Such round numbers often act as magnets for price action.
Q3: What are the main factors that could push silver to $70? A continued weaker US dollar, expectations of a less hawkish Federal Reserve, and strong industrial demand, particularly from the green energy sector, are the primary factors that could drive silver towards $70. Additionally, sustained technical buying above the 100-day SMA could add momentum.
The euro initially gapped higher against the Pound on Monday but has since loosened its grip.
EUR/GBP
The euro initially gapped higher against the British pound to kick off the week but has since fallen a bit to continue the overall consolidation that we have seen. It looks like the 50-day EMA has come into the picture to cause a little bit of a headache.
The euro leg seems to be the big story here as German flash manufacturing PMI hit its strongest level since 2022 on defense spending, and the broader read is Eurozone activity is still expanding in August with manufacturing improving. That keeps the ECB hike story alive, but the higher-for-longer UK rates trade is starting to flex its muscles later in the day.
Keep in mind that there are concerns about the sanctions coming from the United States for the Iranians. Will this tighten the oil supply even further? And the European Union is particularly vulnerable to this, not to mention the fact that the liquefied natural gas coming from Qatar could be affected as well.
Consolidation and Breakdown Risk
Quite frankly, the biggest prints coming out of the United Kingdom have already passed mid-month, thinking about CPI and jobs, so there aren’t any Tier 1 UK releases scheduled this week. That in and of itself might help the British pound continue to flex its muscles.
We’ve been in a downtrend. We pulled back to test the 50-day EMA a couple of times. Now the question is, will we break down below this consolidation, which is basically seeing support near the 0.8530 level?
The German IFO numbers come out tomorrow. That will have a major influence on the euro if it shocks the market. But as things stand right now, this looks very much like a market that just simply wants to continue its consolidation, perhaps with a little bit more of a bearish hint to it than anything else. I’ll be watching that 0.8530 level to see if we break down.
Christopher Lewis is a technical analyst and market commentator at DailyForex with more than two decades of trading experience in Forex and other leveraged markets. Based in Columbus, Ohio, he specializes in chart-based analysis of major currency pairs, stock indices, commodities, and energy markets, focusing on clear support and resistance levels, trend structure, and risk management. Christopher produces daily written and video analysis for traders who rely on technical setups to navigate volatile market conditions
As seen on:Pairs Of Aces Podcast,The Trader Guy, FXEmpire
2026.08.25 2026.08.25 Short-Term Analysis for Oil, Gold, and EURUSD for 25.08.2026
Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/
Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.
The oil price is approaching support A of 83.32–82.92.
XAUUSD: Gold has reached the Target Zone 3 of 4,698–4,677.
EURUSD: The euro is correcting lower, targeting support A of 1.1627–1.1619.
Oil Price Forecast for Today: USCrude Analysis
Oil is approaching support A of 83.32–82.92. Once this zone is tested, consider long trades, with the first target at 85.14 and the second one around 87.36.
If the price breaks below the support A today, the correction will extend toward support B of 81.30–80.70, the trend boundary. Long trades can be considered near this zone.
USCrude Trading Ideas for Today:
Buy near support A of 83.32–82.92. TakeProfit: 85.14, 87.36. StopLoss: 81.86.
Gold Forecast for Today: XAUUSD Analysis
Yesterday, the gold price hit the Target Zone 3 of 4,698–4,677 within a short-term uptrend. However, the metal failed to break through this zone. Consequently, the price began to decline today, approaching support A of 4,594–4,583. Once this zone is tested, long trades can be considered, with the first target at 4,640 and the second one around 4,696.
The trend boundary is shifting to 4,542–4,527.
XAUUSD Trading Ideas for Today:
Buy near support A of 4,594–4,583. TakeProfit: 4,640, 4,696. StopLoss: 4,558.
Euro/Dollar Forecast for Today: EURUSD Analysis
The euro is correcting lower and nearing support A of 1.1627–1.1619. Once this zone is tested, long trades can be considered, with the first target at 1.1665 and the second at 1.1711.
If the price exceeds the 1.1711 level, the rally may continue toward the Target Zone 2 of 1.1761–1.1744. If the asset breaks below the support A, the correction may extend toward support B of 1.1585–1.1572.
EURUSD Trading Ideas for Today:
Buy near support A of 1.1627–1.1619. TakeProfit: 1.1665, 1.1711. StopLoss: 1.1597.
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Price chart of USCRUDE in real time mode
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The Pound to Dollar (GBP/USD) exchange rate maintained a firm tone on Tuesday, trading around 1.3630-1.3640 and holding close to Friday’s six-month high above 1.3670.
Pound Sterling has struggled to extend its advance, but the Dollar remains under pressure amid persistent concerns over US fiscal policy, trade tensions and the credibility of recent Treasury intervention in the bond market.
GBP/USD reached 1.3675 at the end of last week before correcting modestly, with the pair retaining a generally bullish technical tone.
On a short-term view, UoB sees scope for GBP/USD gains towards 1.3700, but added; “On the downside, if GBP breaks below 1.3585 it would mean that 1.3700 is out of reach.”
Scotiabank maintains a positive outlook on the Pound; “Underlying trend dynamics remain solidly bullish and, after a period of range trading and two tests of 1.3150, a sustained push above 1.3650/60 implies potential for an extension towards the 1.41 zone over the balance of the year.”
Canada Trade War Adds to Dollar Risks
US policy developments remain a dominant influence on currency markets this week.
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Trade tensions with Canada have intensified sharply following the collapse of negotiations.
Canada announced retaliatory tariffs on around $20bn of US goods on Tuesday, matching recent US tariffs dollar-for-dollar.
The measures cover hundreds of products and are due to take effect in September.
President Trump has also threatened to impose 50% tariffs on Canadian cars, trucks and automotive parts from January 2027, increasing concerns over disruption to highly integrated North American supply chains.
ING had commented; “With a new chapter in the US-Canada trade war opening up over the weekend, the question will be to what degree the new sanctions on Iran threaten US trade ties with China again.”
The bank added that a significant re-escalation in the tariff conflict would probably be negative for the Dollar.
Iran Sanctions Produce Limited Dollar Support
US Treasury Secretary Scott Bessent also announced an expansion of sanctions against Iran on Monday.
The measures are intended to restrict Iran’s access to the global financial system and target economic activity supporting Tehran.
However, Washington stopped short of immediately applying the most severe measures against China, Iran’s largest energy customer, reducing fears of an abrupt escalation in US-China tensions.
The announcement produced only limited support for the Dollar.
Markets remain cautious over whether sanctions will materially alter Iran’s behaviour or instead increase geopolitical and energy-market risks.
US Fiscal Policy Remains under Scrutiny
Fiscal policy is also attracting increasing attention following last week’s Treasury intervention in the bond market.
The Treasury doubled the size of buybacks of longer-dated government securities after the 30-year yield climbed to its highest level since 2007.
Bessent said on Monday that regularly scheduled Treasury auctions would continue despite the larger buyback programme.
The strategy remains controversial.
Billionaire investor Stanley Druckenmiller criticised the intervention this week, arguing that Treasury bond buying risks undermining the credibility of the world’s largest government debt market.
Concerns have also intensified after total US government debt surpassed $40trn.
MUFG commented; “We await US Treasury Secretary Scott Bessent’s details on addressing concerns over the fiscal outlook in the US but we along with market participants are very sceptical of anything meaningful coming from an announcement.”
It added; “A failure to cap yields would be viewed as a policy misstep that would undermine investor confidence and hurt the dollar while steps to cap yields would also likely undermine the dollar.”
This potentially leaves the Dollar in a difficult position.
A renewed surge in long-term yields could revive concerns over US debt sustainability, while more aggressive Treasury intervention could encourage investors to reduce exposure to the currency.
GBP/USD Forecast: Jackson Hole Could Decide the Next Break
Fed Chair Kevin Warsh’s Jackson Hole speech later this week is likely to become the next major test for GBP/USD.
The Federal Reserve remains caught between inflation that is still above target and a recent run of softer US employment, retail sales and inflation data.
Warsh will also be speaking against an increasingly sensitive political backdrop following Treasury efforts to contain long-term borrowing costs.
A hawkish speech could push Treasury yields higher and offer the Dollar some support, although another aggressive bond sell-off could revive broader concerns over US fiscal stability.
Conversely, a softer message would reinforce expectations that the Fed will leave rates unchanged in September and could push GBP/USD back towards 1.3675 and 1.3700.
A sustained break above 1.3700 would strengthen the bullish technical picture and bring the 1.3800 area into focus.
Initial support is located around 1.3585-1.3600, with a break below this region likely to undermine the current upward bias.
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The platinum price failed to break through the barrier at $1905.00, forcing it to postpone its bullish attack and begin forming negative waves, as it is currently edging toward the $1,845.00 level.
Repeatedly holding below the barrier could increase the negative pressure on current trading, leading us to favor further temporary bearish attempts, which could target $1815.00 and $1780.00, respectively. However, a successful break above the barrier and holding above it would give the price a strong opportunity to achieve new gains, initially targeting $1955.00.
The expected trading range for today is between $1815.00 and $1890.00
United Overseas Bank (UOB) Group’s foreign exchange strategists indicated that the Japanese yen is likely to trade within a range of 157.90 to 159.80 against the US dollar in the near term, as of the latest market commentary.
UOB’s Range Outlook for USD/JPY
According to UOB’s FX analysis, the USD/JPY pair is expected to consolidate within the 157.90–159.80 band, suggesting a lack of directional momentum in the immediate session. The forecast reflects a market where both upside and downside movements are limited by prevailing economic conditions and central bank policies.
The range-bound view comes amid ongoing expectations regarding the Bank of Japan’s monetary policy stance and the Federal Reserve’s interest rate trajectory. Traders are closely watching for any shifts in the interest rate differential between the US and Japan, which remains a key driver for the currency pair.
Factors Influencing the Yen
Several factors are contributing to the yen’s range-bound trading. Japan’s economic data, including inflation and wage growth, are being monitored for their potential impact on the Bank of Japan’s decision to adjust its ultra-loose monetary policy. On the other hand, US economic resilience and Fed officials’ comments on future rate cuts are shaping dollar strength.
Geopolitical events and risk sentiment also play a role, as investors often turn to the yen as a safe-haven currency during times of uncertainty. However, with no major catalysts on the horizon, the pair appears to be in a wait-and-see mode.
Implications for Traders and Investors
For traders, the identified range provides a clear framework for short-term strategies, such as selling near the upper boundary and buying near the lower boundary, while keeping stop-loss orders in place to manage risk. For investors and businesses with yen exposure, the range suggests a period of relative stability, but they should remain vigilant for breakouts driven by unexpected economic data or policy announcements.
Conclusion
In summary, UOB’s forecast for USD/JPY within 157.90–159.80 highlights a market awaiting fresh direction. With the Bank of Japan and Federal Reserve policies in focus, the pair is likely to remain range-bound until clearer signals emerge. Traders should monitor economic releases and central bank communications for potential breakout opportunities.
FAQs
Q1: What is the significance of UOB’s USD/JPY forecast? UOB’s forecast provides a technical range for traders, indicating where the pair is likely to trade in the near term, helping them make informed trading decisions.
Q2: What factors could break the yen out of this range? Unexpected changes in US economic data, Federal Reserve policy shifts, or Bank of Japan actions could trigger a breakout from the 157.90–159.80 range.
Q3: How can traders use this range information? Traders can implement range-bound strategies, such as buying near support at 157.90 and selling near resistance at 159.80, while using stop-loss orders to manage risk.