About Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.
8 07, 2026

GBP/USD Forecast: Pound Sterling Slips as Middle East Tensions Lift the US Dollar

By |2026-07-08T03:54:13+03:00July 8, 2026|Forex News, News|0 Comments


– Written by

The Pound US Dollar (GBP/USD) exchange rate weakened on Tuesday, slipping back after striking a near three-week high overnight, as a deterioration in risk appetite pressured the pairing.

At the time of writing, GBP/USD was trading at $1.3371, down from an overnight peak of $1.3398.

The US Dollar (USD) strengthened on Tuesday, recouping part of Monday evening’s losses, as renewed Middle East tensions pushed investors towards safer assets.

Market sentiment weakened after two commercial vessels in the Strait of Hormuz were reportedly hit by projectiles overnight, including a Qatari LNG tanker.

Washington has accused Iran of carrying out the strikes, with the US expected to respond by targeting Iranian sites.

The latest flare-up in geopolitical risk prompted a more defensive mood across global markets, lifting demand for the safe-haven US Dollar.

The Pound (GBP) held up relatively well on Tuesday, with Sterling avoiding sharper losses despite a quiet UK data calendar.

Save on Your GBP/USD Transfer

Get better rates and lower fees on your next international money transfer.
Compare TorFX with top UK banks in seconds and see how much you could save.


Compare the Best GBP/USD Rates »

GBP has found support in recent sessions as domestic political uncertainty continues to ease. Following Prime Minister Keir Starmer’s resignation, several potential challengers have reportedly backed frontrunner Andy Burnham.

Markets have responded positively to the prospect of a relatively orderly handover, with months of speculation over Starmer’s position and fears of a damaging leadership contest now seemingly fading. Burnham is widely expected to become Prime Minister without a contest, while keeping the government’s existing fiscal rules in place.

This helped the Pound resist steeper losses against the US Dollar, even as a risk-averse market mood weighed on wider sentiment.

Near-Term GBP/USD Forecast: Could Fed Minutes Lift the US Dollar?

Looking ahead, the Federal Reserve’s June meeting minutes are due out on Wednesday evening and could drive movement in the US Dollar. If the minutes point to support among policymakers for further interest rate rises, the ‘Greenback’ may strengthen.

Market risk sentiment could also shape the GBP/USD exchange rate. Any further escalation in the Middle East may dampen appetite for risk, potentially boosting the safe-haven US Dollar while weighing on the increasingly risk-sensitive Pound.

Meanwhile, Sterling may continue to draw some support from the fading political risk premium that had previously weighed on GBP. However, with Labour leadership nominations set to open on Thursday, the Pound could struggle to find much upside.

Like this piece? Please share with your friends and colleagues:




International Money Transfer? Ask our resident FX expert a money transfer question or try John’s new, free, no-obligation personal service! ,where he helps every step of the way,
ensuring you get the best exchange rates on your currency requirements.

TAGS: Pound Dollar Forecasts

Source link

7 07, 2026

EUR/USD Analysis 07/07: Interest Rate Outlook Continues

By |2026-07-07T23:53:09+03:00July 7, 2026|Forex News, News|0 Comments

EUR/USD Analysis Summary Today

  • Overall Trend: Bearish in the medium term, with temporary corrective recovery attempts.

  • Support Levels for EUR/USD Today: 1.1415 – 1.1380 – 1.1300

  • Resistance Levels for EUR/USD Today: 1.1480 – 1.1530 – 1.1600

EUR/USD Trading Signals:

  • Buy scenario (with corrective bounce): from the support level of 1.1370, targeting 1.1500, with a stop loss activated below 1.1320.

  • Sell scenario (with the main trend): from the resistance level of 1.1500, targeting 1.1400, with a stop-loss order placed above 1.1560.

Technical Analysis of EUR/USD Today

The EUR/USD pair continues to move under selling pressure amid the ongoing dominance of the bearish trend on the technical front, despite the limited recovery attempts witnessed during recent sessions.

Technical indicators suggest that any current rallies are still classified as corrective movements, unless the pair manages to break through key resistance levels and regain upward momentum. Across the best trading platforms, the Euro-Dollar rate settled around the 1.1441 level at the time of writing this analysis.

According to the general technical outlook, the broader trend for the EUR/USD pair still leans downward over the medium and long term. Meanwhile, the support level of 1.1325, which is the low recorded during June, remains the most prominent support level monitored by traders.

The performance of the EUR/USD price at the beginning of the trading week indicates continuing selling pressures as prices approach influential technical resistance levels. The daily timeframe chart shows that the 21-day Moving Average (MA) continues to act as strong dynamic resistance—a level that has successfully capped upward attempts since mid-May, reinforcing the sellers’ continued control over market price action.

As long as the price settles below the 21-day Moving Average, the most likely scenario remains a resumption of the decline to retest the June low at 1.1325, which represents the most prominent technical target during July.

Conversely, a successful breakout and daily close above the 21-day Moving Average by the currency pair could provide the first signal of fading bearish momentum. However, this development would not be enough to change the general trend as long as the price moves below the 100-day Moving Average and the downward trendline extending from the January peaks.

Therefore, any upward waves at the current time remain merely corrective rebounds rather than the start of a new uptrend.

Regarding momentum indicators, the Relative Strength Index (RSI) is moving below 50, reflecting continued negative momentum, while the MACD remains in negative territory despite the weakening downward momentum. This suggests the possibility of limited bounces before the main trend resumes.

According to fundamental analysis, Euro trading via trusted brokerage platforms received limited support after the Sentix Investor Confidence Index for the Eurozone improved during July. It is rising from -13.4 to -3.1 to record its third consecutive monthly improvement. Additionally, the Current Situation Assessment Index improved from -20.0 to -14.8, while the Future Expectations Index jumped from -6.5 to 9.3, returning to positive territory for the first time in several months, reflecting growing optimism regarding the European economy.

Despite the positive nature of these figures, their impact on the Euro remained limited, as they did not lead to a tangible rise in European bond yields.

On the monetary policy front in the Eurozone, financial markets indicate a decline in the likelihood of the European Central Bank taking further steps to tighten monetary policy during the remainder of 2026, especially after the release of inflation data that fell short of expectations.

The easing of concerns related to inflationary pressures stemming from geopolitical tensions has also contributed to a reduction in market bets on any further interest rate hikes. This is reflected in the decline in short-term European bond yields, a factor that is not usually favorable for the euro.

According to currency market trading, the performance of the US dollar remains the most influential factor in the EUR/USD pair’s movement during the current period. The recent US jobs report marked a significant turning point, as it came in weaker than market expectations, prompting investors to reduce their bets on further interest rate hikes by the Federal Reserve this year.

Overall, the outlook remains bearish as long as the currency pair remains below the 21-day moving average and the main downtrend line. Support at 1.1325 remains the nearest target if selling pressure continues, while buyers need a clear break above key technical resistance levels to change the current picture and pave the way for a more sustainable recovery.

Trading Advice:

The EUR/USD pair may remain trapped within its current sideways range until major economic catalysts emerge. Regardless of your investment conviction to buy or sell, adherence to strict risk management and position sizing is your only key to staying in the market.

Ready to trade our EUR/USD daily forecast? Here’s a list of some of the top forex brokers in Europe to check out.

Source link

7 07, 2026

Silver Price Forecast: XAG/USD Slips Below $61.00 As Markets Turn Cautious

By |2026-07-07T23:38:02+03:00July 7, 2026|Forex News, News|0 Comments







Source link

7 07, 2026

The GBPJPY approaches the main target– Forecast today – 7-7-2026

By |2026-07-07T19:51:58+03:00July 7, 2026|Forex News, News|0 Comments

 

 

Platinum price attempted to settle within the minor bearish channel’s levels by its fluctuation near $1605.00 level, taking advantage of the negative factors that are represented by forming main barrier at $1745.00 level, besides the attempt of providing negative momentum by the main indicators, especially by stochastic stability below 80 level.

 

Therefore, we will keep preferring the bearish trend in the near trading, to expect breaking $1600.00 level and holding below it to begin targeting negative stations, which might begin at $1570.00 and $1510.00.

 

The expected trading range for today is between $1570.00 and $1650.00

 

Trend forecast: Bearish 



Source link

7 07, 2026

Coffee price today July 7: Increased by 4,000 VND/kg

By |2026-07-07T19:37:00+03:00July 7, 2026|Forex News, News|0 Comments


Domestic coffee prices today

Coffee prices today in the domestic market simultaneously increased sharply in key production areas. The average price was recorded at 96,800 VND/kg, an increase of 4,000 VND/kg compared to the previous update.

In Dak Lak, coffee prices increased by 3,900 VND/kg, reaching 96,700 VND/kg. In Gia Lai, coffee prices increased by 4,000 VND/kg, reaching 96,800 VND/kg.

In Lam Dong, coffee prices today increased by 3,900 VND/kg, to 96,200 VND/kg. This is still the lowest level among the surveyed areas.

The old Dak Nong area continued to have the highest purchase price, reaching 97,000 VND/kg, an increase of 4,000 VND/kg.

Thus, domestic coffee prices currently fluctuate from 96. 200-97. 000 VND/kg. The gap between the region with the highest and lowest prices is 800 VND/kg.

After a strong increase, the domestic coffee price level has approached the 110,000 VND/kg mark. This is a notable increase after a period of strong market fluctuations at the end of June and the beginning of July.

The USD/VND exchange rate according to Vietcombank is recorded at 26,072 VND/USD.

World coffee prices

World coffee prices increased very strongly in the most recent trading session. Both Robusta on the London exchange and Arabica on the New York exchange simultaneously went up.

On the London exchange, the September 2026 Robusta futures contract increased by 328 USD/ton, equivalent to 8.83%, to 4,044 USD/ton.

During the session, this contract at one point increased to 4,110 USD/ton. Trading volume reached 15,802 lots.

Robusta for November 2026 delivery increased by 328 USD/ton, equivalent to 8.92%, to 4,007 USD/ton.

The January and March 2027 terms also increased by 328 USD/ton, to 3,974 USD/ton and 3,942 USD/ton respectively.

The July 2026 Robusta contract was recorded at 4,604 USD/ton, up 161 USD/ton. However, the trading volume only reached 21 lots because this term was close to maturity. Therefore, the September contract more clearly reflects the market trend.

On the New York exchange, Arabica coffee prices surged. The September 2026 Arabica futures contract increased by 48.75 US cents/lb, equivalent to 16.19%, to 349.95 US cents/lb.

During the session, this contract at one point touched 357.00 US cents/lb. Trading volume reached 47,909 lots.

Arabica December 2026 futures increased by 49.10 US cents/lb, equivalent to 17.15%, to 335.40 US cents/lb.

The March and May 2027 terms increased by 48.65 US cents/lb and 47.20 US cents/lb respectively, to 329.75 US cents/lb and 328.10 US cents/lb.

This development shows that world coffee prices are reacting very strongly to information about harvest progress in Brazil, low inventories and weather risks in the coming months.

Coffee price assessment

According to data from Barchart, coffee prices surged in the first session of the week, in which Arabica rose to a high of about 5 and a half months, and Robusta rose to a high of about 5 months.

The main supporting factor comes from the slow harvest progress in Brazil. Brazil’s consulting firm Safras & Mercado said that the 2026-2027 coffee crop harvest in this country has only completed 52% as of July 1.

This level is lower than 60% in the same period last year and also lower than the 5-year average of 55%. Slow harvest progress increases concerns that spot supply will be tightened in the short term.

The rise in coffee prices is also supported by unfavorable weather forecasts. Brazil’s Rural Climate Meteorological Company said that widespread rain may occur in Brazil in mid-July, adversely affecting some crops, including coffee.

Rain in harvest season can hinder harvesting, transportation and drying. If humidity persists, coffee bean quality is also at risk of being affected.

However, the Brazilian meteorological company Somar Meteorologia said that Minas Gerais state, the country’s largest coffee growing region, did not record rain in the week ending July 5. This shows that weather risks still need to be monitored for each production region.

Another factor supporting the price is the Brazilian real rising to a 2-week high against the USD. A strong real often causes Brazilian farmers to reduce export sales motivation, as revenue converted into domestic currency is less attractive.

Standard Arabica coffee inventories on the US Intercontinental Exchange continued to fall sharply, to 3,66,756 bags. This is the lowest level in more than 2 years, making the market more sensitive to unfavorable information about supply.

Meanwhile, Robusta inventories on the European Intercontinental Exchange increased to 4,109 lots last weekend, the highest level in about 3 months. This factor partly creates resistance for Robusta, but is not enough to stop the strong increase in the latest session.

El Niño risk continues to be monitored by businesses. The US National Oceanic and Atmospheric Administration (NOAA) assesses that there is a 63% chance that El Niño will reach very strong intensity in the period from November 2026 to January 2027.

El Niño may change rainfall in Brazil during the coffee tree flowering period in September and October, and also affect Robusta production conditions in some Asian countries. However, the specific impact depends on the intensity and timing of appearance in each region.

In terms of pressure, the Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) still forecasts Brazil to have a large coffee crop in the 2026-2027 crop year. Rabobank of the Netherlands also raised its global Arabica surplus forecast for the 2026-2027 crop year from 7 million bags to 9.5 million bags.

Regarding Robusta, the Statistics Department (Ministry of Finance) said that Vietnam’s coffee exports in the first 6 months of 2026 reached about 1.05 million tons, an increase of 7.3% compared to the same period. Vietnam is the world’s largest Robusta producer, so increased supply is still a factor that can curb price increases in the medium term.





Source link

7 07, 2026

The EURJPY achieves some gains– Forecast today – 7-7-2026

By |2026-07-07T15:50:59+03:00July 7, 2026|Forex News, News|0 Comments

 

 

The EURJPY pair benefited from the positive stability above 184.10 support, forming several bullish waves, achieving some gains by reaching 185.55 level, facing %61.8 Fibonacci correction level, which forces it to decline directly towards 184.90.

 

The current decline will not threaten the attempt of activating the bullish trend, depending on the stability of the mentioned support, therefore, we will keep waiting for gathering extra bullish momentum to ease the mission of reaching 185.85, and surpassing this barrier will extend the trading towards achieving extra gains that begin at 186.20 and 186.60.

 

The expected trading range for today is between 184.60 and 185.85

 

Trend forecast: Bullish



Source link

7 07, 2026

Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (July 7, 2026)

By |2026-07-07T15:36:00+03:00July 7, 2026|Forex News, News|0 Comments


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 euro continues to keep its bearish bias.

The article covers the following subjects:

Major Takeaways

  • USCrude: Oil is attempting to rebound, but selling pressure still persists.

  • XAUUSD: Gold is approaching the support A of 4,091–4,080.

  • EURUSD: The euro is declining from the resistance B of 1.1482–1.1468.

Oil Price Forecast for Today: USCrude Analysis

Oil is correcting upward within the short-term downtrend, targeting the resistance level A of 73.23–72.67. Once this resistance is reached, consider short positions with targets of 70.15 and 67.06.

If the resistance A is pierced, the correction will likely continue toward the resistance B of 76.31–75.47. Short positions can also be considered near this key level.

USCrude Trading Ideas for Today:

Sell near resistance A at 73.23–72.67. TakeProfit: 70.15, 67.06. StopLoss: 74.65.


Gold Forecast for Today: XAUUSD Analysis

Gold is correcting downward in the short-term uptrend toward the support A of 4,091–4,080. Once this zone is reached, consider long positions with targets of 4,141 and 4,202. If the support A is broken through today, the price will likely reach the support B of 4,036–4,019. This level acts as a trend boundary, so buying opportunities may also appear near it.

XAUUSD Trading Ideas for Today:

Buy near support A of 4,091–4,080. TakeProfit: 4,141, 4,202. StopLoss: 4,052.


Euro/Dollar Forecast for Today: EURUSD Analysis

The euro keeps its bearish bias today. Last week, the price tested the resistance B of 1.1482–1.1468. Sellers defended the zone, and the price began to decline toward the first bearish target of 1.1403. Therefore, short positions can be kept open today until this target is reached. The second target is the June low near 1.1324.

If the euro exceeds the resistance B today, the short-term downtrend will reverse. In that case, consider buying the pair with a target in the upper Target Zone of 1.1641–1.1612.

EURUSD Trading Ideas for Today:

Hold short trades opened at resistance B of 1.1482 – 1.1468. TakeProfit: 1.1403, 1.1324. StopLoss: 1.1512.


Would you like to learn more about technical analysis methods and principles? Explore our comprehensive guide.


P.S. Did you like my article? Share it in social networks: it will be the best “thank you” 🙂

Useful links:

  • I recommend trying to trade with a reliable broker here. The system allows you to trade by yourself or copy successful traders from all across the globe.
  • Use my promo code BLOG to get a 50% deposit bonus on the LiteFinance platform. Simply enter this code in the appropriate field when funding your trading account.
  • Telegram chat for traders: https://t.me/litefinancebrokerchat. We are sharing the signals and trading experience.
  • Telegram channel with high-quality analytics, Forex reviews, training articles, and other useful things for traders https://t.me/litefinance

Price chart of EURUSD in real time mode

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.


According to copyright law, this article is considered intellectual property, which includes a prohibition on copying and distributing it without consent.

Rate this article:

{{value}} ( {{count}} {{title}} )





Source link

7 07, 2026

The EURGBP continues to decline– Forecast today – 7-7-2026

By |2026-07-07T11:49:05+03:00July 7, 2026|Forex News, News|0 Comments

 

 

The EURJPY pair benefited from the positive stability above 184.10 support, forming several bullish waves, achieving some gains by reaching 185.55 level, facing %61.8 Fibonacci correction level, which forces it to decline directly towards 184.90.

 

The current decline will not threaten the attempt of activating the bullish trend, depending on the stability of the mentioned support, therefore, we will keep waiting for gathering extra bullish momentum to ease the mission of reaching 185.85, and surpassing this barrier will extend the trading towards achieving extra gains that begin at 186.20 and 186.60.

 

The expected trading range for today is between 184.60 and 185.85

 

Trend forecast: Bullish



Source link

7 07, 2026

Platinum price is waiting for the negative momentum– Forecast today – 7-7-2026

By |2026-07-07T11:35:16+03:00July 7, 2026|Forex News, News|0 Comments


 

 

Platinum price attempted to settle within the minor bearish channel’s levels by its fluctuation near $1605.00 level, taking advantage of the negative factors that are represented by forming main barrier at $1745.00 level, besides the attempt of providing negative momentum by the main indicators, especially by stochastic stability below 80 level.

 

Therefore, we will keep preferring the bearish trend in the near trading, to expect breaking $1600.00 level and holding below it to begin targeting negative stations, which might begin at $1570.00 and $1510.00.

 

The expected trading range for today is between $1570.00 and $1650.00

 

Trend forecast: Bearish 





Source link

7 07, 2026

GBP/USD Forecast: ISM Services and UK Politics Leave Pound Sterling Flat

By |2026-07-07T07:48:01+03:00July 7, 2026|Forex News, News|0 Comments


– Written by

The Pound US Dollar (GBP/USD) exchange rate traded in a narrow range on Monday, as easing UK political concerns and renewed dip-buying in the US Dollar (USD) left the pairing without a clear direction.

At the time of writing, GBP/USD was trading at $1.3352, virtually unchanged on the day.

The US Dollar found some support on Monday as US markets reopened after the extended Independence Day break.

The ‘Greenback’ appeared to have drifted into oversold territory following last week’s sharp selloff, which came after the latest non-farm payrolls report revealed a much steeper-than-expected slowdown in job creation.

This encouraged some bargain hunters back into the market, allowing the US Dollar to recoup a portion of its recent losses.

At the same time, the latest ISM services PMI matched forecasts, slipping from 54.5 in May to 54 in June. While the reading pointed to a modest loss of momentum, it remained comfortably in expansion territory, suggesting the US services sector was still performing relatively well.

The Pound (GBP) remained resilient on Monday as investors continued to unwind some of the political risk premium that had recently weighed on Sterling.

Save on Your GBP/USD Transfer

Get better rates and lower fees on your next international money transfer.
Compare TorFX with top UK banks in seconds and see how much you could save.


Compare the Best GBP/USD Rates »

Markets appear increasingly convinced that MP Andy Burnham will become the next Prime Minister without a prolonged Labour leadership contest causing further uncertainty.

Since announcing his bid for the Labour leadership, Burnham has attempted to calm market nerves by pledging to stick to the government’s current fiscal rules, while also setting out an ambitious economic agenda.

This has helped reassure GBP investors, allowing Sterling to hold firm as fears over UK political instability continue to fade.

Near-Term GBP/USD Forecast: US Jobs Data to Lift the US Dollar?

Looking ahead, Tuesday’s data calendar is relatively quiet, with the US weekly ADP employment change figure the only notable release.

Although not a top-tier indicator, the report could still lend the US Dollar some support if it points to solid growth in private-sector hiring.

Beyond the data, broader market sentiment may also drive movement in the pairing. A weaker appetite for risk could favour the safe-haven US Dollar, while a brighter mood may help the increasingly risk-sensitive Pound.

As a result, any shifts in risk appetite could leave GBP/USD trading unevenly.

Like this piece? Please share with your friends and colleagues:




International Money Transfer? Ask our resident FX expert a money transfer question or try John’s new, free, no-obligation personal service! ,where he helps every step of the way,
ensuring you get the best exchange rates on your currency requirements.

TAGS: Pound Dollar Forecasts

Source link

Go to Top