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18 08, 2026

The EURJPY prepares for further gains – Forecast today – 17-8-2026

By |2026-08-18T00:14:30+03:00August 18, 2026|Forex News, News|0 Comments

 

The pair’s price formed a new bullish surge during Friday’s trading, moving away from the initial support level at 183.15 and confirming its adherence to the bullish scenario. The price has begun recording some gains, reaching the 184.45 level.

 

The Stochastic indicator’s current position within the overbought zone will increase the chances of the price accumulating additional positive momentum. Therefore, we maintain our bullish outlook, which may soon target 184.85, followed by the next target at 185.45.

 

The expected trading range for today is between 183.90 and 184.80

 

Trend forecast: Bullish

 

 



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18 08, 2026

Coffee prices today, August 13: Continuing the downward trend

By |2026-08-18T00:07:42+03:00August 18, 2026|Forex News, News|0 Comments


Domestic coffee prices today

Coffee prices today in the domestic market continue to decline. According to giacaphe. com, the average coffee price on August 13 was 96,900 VND/kg, down 500 VND/kg compared to the previous session.

In Dak Lak, coffee prices were recorded at 96,800 VND/kg, down 500 VND/kg.

In Lam Dong, coffee prices reached 96,300 VND/kg, down 500 VND/kg. This is the lowest level among the surveyed areas.

In Gia Lai, coffee price is at 96,800 VND/kg, down 500 VND/kg.

The old Dak Nong area recorded a level of 97,000 VND/kg, down 500 VND/kg. This is the highest level in today’s price list.

The USD/VND exchange rate according to Vietcombank was recorded at 25,920 VND/USD, unchanged compared to the previous closing session.

World coffee prices

In the world market, coffee prices increase and decrease interspersed.

According to Barchart, the September 2026 Arabica futures contract closed up 4.35 US cents/lb, equivalent to 1.30%. In the opposite direction, the September 2026 Robusta futures contract decreased by 13 USD/ton, equivalent to 0.34%.

This development shows that the upward momentum in the world market is concentrated in all terms of Arabica coffee. Meanwhile, Robusta – a group that has a more direct impact on Vietnamese coffee prices – simultaneously decreased, creating pressure on domestic purchasing prices. The decrease is from 13-28 USD/ton, equivalent to about 0.345-0.74%, fluctuating in the range of 3,769 – 3,733 USD/ton.

Coffee price assessment

According to Barchart, Arabica coffee prices increased amid concerns that a strong earthquake in Colombia on Monday could disrupt coffee exports from the country, the world’s second largest Arabica coffee producer. Some areas affected by the magnitude 7.4 Richter earthquake are Caldas and Risaralda – coffee-growing provinces accounting for about 1/4 of Colombia’s coffee production.

In addition, Maersk transportation company said on Tuesday that operations at Buenaventura port – which processes most of Colombia’s coffee exports – have been temporarily suspended. The closure of domestic routes and traffic restrictions due to the earthquake could also affect cargo transportation.

Arabica coffee is also supported by the slow coffee harvest progress in Brazil.

Meanwhile, reduced inventory is supporting Arabica coffee prices, as Arabica coffee inventories on the ICE exchange on Wednesday fell to a 2.75-year low, to 240,285 bags. Conversely, increased inventories are putting pressure on Robusta prices, reaching 4,364 lots on Wednesday, the highest in 5 months.

The latest forecast from the USDA also puts downward pressure on coffee prices. On July 22, the USDA forecast that global coffee production in the 2026/27 crop year will increase by 6%, equivalent to an additional 10.8 million bags, to a record level of 189.7 million bags, mainly thanks to improved farming conditions in Brazil.

The USDA forecasts global Arabica production to increase by 12% over the same period, while Robusta production will decrease by 0.7%. Global inventory at the end of the period is forecast to increase by an additional 1.9 million bags, to 26.3 million bags.





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17 08, 2026

EUR/JPY Price Forecast: Bulls eye 185.00 resistance area

By |2026-08-17T20:13:26+03:00August 17, 2026|Forex News, News|0 Comments

The Euro (EUR) crawls higher for the third consecutive day on Monday, against a weak Yen (JPY), weighed down by downbeat Japanese Gross Domestic Product (GDP) figures. The EUR/JPY pair confirmed the breach of the 50% retracement of the late July sell-off, trading at the 184.50 area at the time of writing, with the resistance area around 185.00 coming closer.

The Japanese Cabinet Office revealed earlier on Monday that the country’s economic growth slowed down to 0.3% in the second quarter, against the market consensus of a steady 0.5% reading. Year-on-year, the Japanese economy decelerated to a 1.1% growth, from 1.8% in the previous quarter, instead of the 2.0% rise anticipated by market analysts.

Economists at Brown Brothers Harriman note that Japan’s latest activity data underscores a softer growth pulse than markets had anticipated. BBH highlights that “private consumption was flat, while private non-residential investment shaved -0.2ppt off growth.” “The sluggish domestic demand activity will do little to ease Japan’s fiscal concerns, a major headwind for JPY.” Said the BBH experts in a note.

Technical Analysts: In a bullish trend, aiming for the 185.00 area

EUR/JPY trades at 184.54, with price action holding comfortably above an ascending trendline from late July lows, and momentum indicators reflecting growing upside traction. The daily Relative Strength Index (RSI) around 52 signals neutral-to-positive momentum, and the Moving Average Convergence Divergence (MACD) has turned increasingly positive, hinting that bullish pressure is rebuilding after a consolidating phase last week.

Bulls are likely to meet significant resistance at the area between the 61.8% Fibonacci retracement of July’s decline, at 184.82, and the July 31 high, at 185.17. Beyond here, the next upside target is the July 27 and 28 lows and the 78.2% Fibonacci retracement, near 186.00

On the downside, immediate support is seen at the confluence of the 200-day SMA and the 50% retracement of the previously mentioned decline, just under 184.00. If these levels are broken, the focus will shift towards the Fibonacci cushions at 183.15, which held bears on August 12.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

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 US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.17% -0.16% -0.03% -0.09% -0.59% -0.45% -0.38%
EUR 0.17% -0.01% 0.13% 0.07% -0.39% -0.25% -0.21%
GBP 0.16% 0.00% 0.13% 0.07% -0.37% -0.27% -0.20%
JPY 0.03% -0.13% -0.13% -0.05% -0.54% -0.40% -0.32%
CAD 0.09% -0.07% -0.07% 0.05% -0.49% -0.36% -0.29%
AUD 0.59% 0.39% 0.37% 0.54% 0.49% 0.13% 0.15%
NZD 0.45% 0.25% 0.27% 0.40% 0.36% -0.13% 0.07%
CHF 0.38% 0.21% 0.20% 0.32% 0.29% -0.15% -0.07%

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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17 08, 2026

Gold Price Forecast: XAU/USD holds bullish bias above key support

By |2026-08-17T20:06:27+03:00August 17, 2026|Forex News, News|0 Comments


Gold (XAU/USD) maintains a bullish bias around $4,400, supported by a weaker US Dollar (USD) and fading expectations of further interest rate hikes by the Federal Reserve (Fed). However, geopolitical risks and tensions in energy prices continue to fuel inflation concerns, limiting the precious metal’s upside for now.

In the four-hour chart below, XAU/USD holds a constructive near-term bias as it trades comfortably above the 100-period simple moving average (SMA) at $4,205.68 and the 200-period SMA at $4,142.35, keeping the broader uptrend intact. The nearby horizontal support at $4,365.00 underpins the latest consolidation, while the Relative Strength Index (RSI) at 56.32 has eased out of overbought territory and now points to moderately positive, but not stretched, momentum.

On the downside, initial support is seen at the recent floor around $4,365.00, with deeper demand emerging at the 100-period SMA near $4,205.68 and then the 200-period SMA around $4,142.35, where the broader bullish structure would be expected to reassert if tested. On the topside, a break above the horizontal resistance at $4,450.00 would open the way for renewed gains, as the absence of closer overhead technical barriers suggests that a clear move through this cap could accelerate bullish pressure.

In the one-hour chart below, XAU/USD is also holding a constructive near-term bias as price remains above the 100-period simple moving average (SMA) at $4,382.90 and the 200-period SMA at $4,324.87. This positioning suggests dips are still being bought, while the Relative Strength Index (RSI) near 56 keeps a mildly bullish tone without yet signaling overbought conditions.

Chart Analysis XAU/USD

(The technical analysis of this story was written with the help of an AI tool. Know more.)



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17 08, 2026

Pound-to-Dollar Weekly Forecast: USD Retreat Pushes GBP to Three-Month Best

By |2026-08-17T16:12:21+03:00August 17, 2026|Forex News, News|0 Comments


– Written by

The Pound to Dollar exchange rate (GBP/USD) has climbed to three-month highs above 1.3550 as resilient UK growth, attractive yields and fading expectations of an imminent Federal Reserve rate hike combine to support Sterling.

With US inflation continuing to moderate and retail sales weakening, markets are increasingly questioning whether the Fed will tighten at all in September.

GBP/USD Forecasts: Fed rethink?

SocGen sees scope for the Pound to Dollar (GBP/USD) exchange rate to strengthen to the 1.38 area.

MUFG has a 12-month GBP/USD target of 1.36 with the Pound and dollar both struggling over the medium term.

GBP/USD strengthened to 3-month highs just above 1.3550 during the week. The Pound was underpinned by high yields while the dollar was hampered by reduced speculation of a near-term Federal Reserve rate hike.

There is near-term resistance close to 1.3550. SocGen commented; If the rebound extends, the May high near 1.3660 could act as an interim hurdle.

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High yields and low volatility underpinned the Pound during the week.

MUFG commented; “The pound is continuing to perform well this year. It has been the best performing major currency so far in August with cable rising back above the 1.3500. The pound has been supported by further evidence yesterday that the UK economy is proving more resilient than expected to the negative energy price shock triggered by the US-Iran conflict.”

The near-term focus will be on labour-market and inflation data releases due this week.

MUFG commented; “The soft labour market and recent downside inflation surprises have eased pressure on the BoE to hike rates in response to the energy price shock even as the UK economy has held up better than expected.”

Scotiabank is positive on the Pound outlook; “Fundamental releases have been limited, however BoE communication has remained hawkish with comments from Chief Economist Pill that have reaffirmed a call for higher rates. Risk reversals are extending their recovery and fading the premium for protection against GBP weakness, reflecting a sustained improvement in the market’s perception of (moderating) political risk.”

Fiscal policy will continue to be watched closely given underlying pressures on the spending and revenue sides of the equation.

Rabobank commented; “Burnham’s plans to ease the cost of living for the electorate still must be paid for. Speculation as to which taxes may go higher is already emerging and so too has speculation that this could have a contractionary impact on growth.”

The dollar retreated after a relatively benign inflation report with the headline rate at 3.4% and core rate at 2.5%. Retail sales also declined for July and markets were less confident that the Federal Reserve would hike rates at the September policy meeting.

CIBC commented; “With core inflation in line with consensus, and inflation continue to decelerate on an annual basis, this should bring some comfort to some members of FOMC and we continue to expect the Fed to hold rates in the September FOMC meeting.”

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17 08, 2026

Natural gas price pressures support – Forecast today – 17-8-2026

By |2026-08-17T16:05:28+03:00August 17, 2026|Forex News, News|0 Comments


 

 

Natural gas price renewed its attempts to pressure the support level at $2.620, taking advantage of the main indicators providing negative momentum. This signals another attempt to find a way to resume the previously suggested main bearish attack.

 

If the required breakout occurs and the price provides a negative close below the current support, this will ease its move toward the first additional target at $2.430, followed by an attempt to reach the next target near $2.280.

 

The expected trading range for today is between $2.430 and $2.720

 

Trend forecast: Bearish





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17 08, 2026

USD/JPY Forecast: Pair Stalls Near 159.00, Vulnerable Below 50% Fibo

By |2026-08-17T12:11:10+03:00August 17, 2026|Forex News, News|0 Comments




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17 08, 2026

The GBPJPY price maintains its positive momentum – Forecast today – 17-8-2026

By |2026-08-17T12:04:19+03:00August 17, 2026|Forex News, News|0 Comments


 

 

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





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17 08, 2026

Silver Forecast: XAG/USD bulls eye $66.00 and 100-day EMA breakout

By |2026-08-17T08:03:19+03:00August 17, 2026|Forex News, News|0 Comments


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.



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17 08, 2026

EUR/USD Forecast: Hawkish ECB Signals Support Euro, But Fed Divergence Caps Gains | Forex News Federal Reserve

By |2026-08-17T00:07:33+03:00August 17, 2026|Forex News, News|0 Comments

BitcoinWorld

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.

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