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1 07, 2026

EUR/USD, USD/CAD and USD/JPY Forecasts – US Dollar Fighting Back on Tuesday

By |2026-07-01T07:13:08+03:00July 1, 2026|Forex News, News|0 Comments

The US dollar, of course, is rallying against the Canadian dollar, with the 1.42 level offering a little bit of support and the 1.4250 level being a little bit of resistance. This is a strong uptrend for multiple reasons, not the least of which would be the fact that oil had sold off, but more importantly, in this pair, the interest rate differential favors the United States, not to mention the fact that the Federal Reserve is likely to raise rates a couple of times between now and the end of the year.

The 1.43 level will be targeted. After that, we could be talking about 1.45.

USD/JPY Technical Analysis

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1 07, 2026

oil price today: Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlook

By |2026-07-01T06:52:38+03:00July 1, 2026|Forex News, News|0 Comments


Oil prices moved higher during Tuesday’s trading session, but the overall market picture remains mixed. Brent crude and US West Texas Intermediate (WTI) crude futures are still heading for their biggest quarterly losses since the COVID-19 pandemic despite the day’s gains. Investors are watching several developments that could influence the market, including possible diplomatic discussions between the United States and Iran, shipping activity through the Strait of Hormuz, and changing global supply expectations. Analysts are also reviewing updated price forecasts after concerns about supply disruptions eased. These factors will play an important role in determining whether crude oil prices continue to recover or face renewed pressure.

Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again?

Oil prices traded higher on Tuesday as investors reacted to developments surrounding possible diplomatic discussions between the United States and Iran. The market also continued to monitor the situation in the Strait of Hormuz, one of the world’s most important oil shipping routes. Brent crude futures for August delivery, which expire on Tuesday, rose by 16 cents or 0.22% to reach $73.31 per barrel during trading. The more actively traded September Brent contract gained 45 cents or 0.61% to trade at $74.36 per barrel.

US West Texas Intermediate (WTI) crude futures for August delivery increased by 37 cents or 0.52% to $71.12 per barrel. Although prices moved higher during the day, both benchmark contracts remained on track for major monthly and quarterly declines. Brent crude was set for its third straight monthly loss, falling about 20% during June. US WTI crude was heading for its second consecutive monthly decline, losing around 19% during the month.

Looking at the broader picture, Brent crude had declined around 38% during the second quarter, while WTI crude had fallen approximately 29%. Despite recent volatility, both benchmarks have returned close to levels seen before the recent conflict disrupted energy markets.

Oil market watches US-Iran talks and Strait of Hormuz developments

One of the biggest factors influencing oil prices is the possibility of future discussions between the United States and Iran. Earlier expectations suggested that senior officials from both countries could meet in Doha. However, Qatar later confirmed that no high-level meeting would take place during the current visit.


Instead, technical-level discussions are expected to cover regional security issues. If progress is made, those discussions could eventually move to meetings involving senior officials. The announcement reduced expectations for immediate diplomatic progress while keeping uncertainty in the market.

The situation also highlights the fragile ceasefire reached on June 17 after months of conflict. The fighting had disrupted oil transportation through the Strait of Hormuz, creating concerns about global energy supplies. Because around one-fifth of global oil shipments pass through the Strait of Hormuz, any disruption in the region can quickly affect international oil prices.

Shipping activity eases some supply concerns

Analysts believe recent shipping movements have helped reduce some of the pressure on global oil supplies. UBS analyst Giovanni Staunovo said he would not say that the market has completely removed the geopolitical risk premium from oil prices. However, he noted that ships previously unable to leave the Gulf have now become available as more vessels move through the region.

This increase in shipping activity has temporarily added more oil supply to the market. As more crude cargoes leave the Gulf without major disruptions, traders have become less concerned about immediate supply shortages. This has limited further gains in oil prices despite continuing geopolitical uncertainty.

Analysts insights and market outlook

Several analysts believe that future oil prices will depend not only on geopolitical developments but also on global supply balances. Morgan Stanley now expects the global oil market to record an implied surplus of about 4.8 million barrels per day by 2027. A larger supply surplus could place downward pressure on oil prices if demand does not increase at the same pace. A separate Reuters survey also showed that analysts have lowered their oil price forecasts for 2026 for the first time since the Iran conflict began.

The survey followed five consecutive months of increasing price expectations. Analysts believe that the reopening of the Strait of Hormuz has reduced fears of prolonged supply disruptions, making lower price forecasts more likely. The latest estimates suggest that traders now see fewer risks to global oil transportation than they did during the height of the conflict.

Iraq offers discounts to attract crude buyers

Another factor affecting the oil market comes from Iraq. According to trade sources and documents reviewed by Reuters, Iraq’s State Organization for Marketing of Oil (SOMO) has offered larger discounts on its official selling prices for Basrah crude loading in July.

The discounts are intended to encourage long-term customers to continue purchasing Iraqi crude from terminals located in the Middle East Gulf. Lower official selling prices can increase competition in the global crude market by making Iraqi oil more attractive to buyers. If additional discounted supplies enter the market, they may contribute to higher overall availability of crude oil. That could also place pressure on oil prices in the coming months.

What should investors do now?

Investors are likely to remain focused on several key developments before making long-term decisions. The progress of technical discussions involving the United States and Iran will remain important because any diplomatic breakthrough could influence future sanctions and oil exports.

Market participants will also continue watching shipping activity through the Strait of Hormuz for signs of renewed disruption or smooth transportation. Global supply forecasts from investment banks, demand trends, production decisions by oil-producing countries and pricing strategies from exporters such as Iraq will also shape market expectations.

While oil prices posted gains during Tuesday’s trading session, the broader trend still reflects significant quarterly losses. Future price direction will depend on whether geopolitical tensions increase again or whether improving supply conditions continue to outweigh risks.

FAQs

Q1. Why are oil prices up today despite falling this quarter?
Oil prices rose because traders reacted to US-Iran developments and shipping activity around the Strait of Hormuz. However, Brent and WTI remain lower for the quarter as supply concerns eased.

Q2. Will Brent and US WTI crude futures continue to rise or fall again?
Future price movements will depend on US-Iran negotiations, Strait of Hormuz shipping, global supply forecasts, demand trends, Iraq’s crude exports and changing geopolitical risks affecting energy markets.



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1 07, 2026

EUR/USD Analysis 30/06: Reversing the Bearish Trend?

By |2026-07-01T03:12:28+03:00July 1, 2026|Forex News, News|0 Comments

EUR/USD Analysis Summary Today

  • Overall Trend: Bearish, with sellers remaining in control

  • Support Levels for EUR/USD Today: 1.1365 – 1.1290 – 1.1220

  • Resistance Levels for EUR/USD Today: 1.1470 – 1.1530 – 1.1580

EUR/USD Trading Signals:

  • Buy scenario: From the support level of 1.1360 with a target of 1.1430 and a stop-loss at 1.1300

  • Sell scenario: From the resistance level of 1.1520 with a target of 1.1400 and a stop-loss at 1.1590

Technical Analysis of EUR/USD Today

The EUR/USD pair kicked off the week’s trading with recovery attempts following a strong sell-off wave that pushed the pair to its lowest levels in nearly a year. However, this rebound is still viewed as a corrective move within a primary bearish trend, given the continued outperformance of the US Dollar, supported by robust US economic data and growing expectations that tight monetary policy will be maintained for a longer period.

According to the best trusted trading platforms, the Euro is stabilizing against the Dollar around the 1.1425 level at the time of writing this analysis.

Technically, the EUR/USD pair rebounded from the 1.1325 area after entering a clear oversold zone. The Relative Strength Index (RSI) fell below 30, which often indicates a potential short-term technical correction due to profit-taking and repositioning by investors.

Despte this improvement, the overall technical picture remains tilted to the negative side. The pair continues to trade below the pivotal resistance level at 1.1500. Also, it moves below the 100-day Moving Average. Obviously, reflecting the continued dominance of the bearish trend over the medium term.

If the current rebound persists, the pair might target a retest of the area between 1.1480 and 1.1500. However, this zone could witness a return of selling pressures unless the price manages to clearly close above it.

On the downside, the 1.1350 level remains the first important support zone, while the recent bottom at 1.1325 represents a key level to monitor, as breaking it could open the door for a new downward wave targeting lower levels in the coming period.

In my view, as long as the pair remains below 1.1500, any upward movement will remain a selling opportunity rather than the start of a new uptrend, especially given the continued divergence between the Federal Reserve and the European Central Bank’s policies.

Fundamental Factors Driving Euro Movements

Beyond technical indicators, investors are anticipating a batch of European data this week that could directly impact the single currency’s movements. Foremost among these are the preliminary inflation readings in Spain, France, Germany, and Italy, ahead of the release of the eurozone’s flash aggregate reading.

This data is of particular importance as it could determine the European Central Bank’s direction in its upcoming meetings, especially following persistent concerns over services sector inflation, which remains one of the most prominent challenges facing monetary policymakers.

Currently, all eyes are on the European Central Bank’s annual conference in Sintra, Portugal, where investors await any new signals from ECB President Christine Lagarde regarding the future of interest rates. A hawkish tone could provide temporary support for the euro, while statements suggesting a possible pause in monetary tightening could increase pressure on the European currency.

Meanwhile, the US dollar remains the primary driver of the pair’s direction, with markets anticipating US labor market data, particularly the non-farm payrolls report, a key indicator influencing Federal Reserve decisions.

Forecasts indicate a slowdown in the pace of job creation compared to previous months, while the unemployment rate is expected to remain near 4.3%, with average monthly wages continuing to grow.

According to Forex market trading, the Dollar’s strength over the past weeks was driven by the release of economic data that beat forecasts. Along with rising market bets on the potential continuation of tight monetary policy, which boosted demand for the US currency.

However, any negative surprise in jobs data or economic activity indicators could prompt investors to reduce their bets on interest rate hikes, potentially giving the euro a chance to continue its corrective rebound.

Technical Outlook Summary

The most likely scenario remains a continuation of the short-term technical recovery as long as the pair trades above 1.1325. However, this rebound will remain limited unless the price manages to break through the 1.1500 level and close above it.

Conversely, if buyers fail to overcome this resistance, coupled with the release of strong US data, selling pressure could quickly resurface and push the pair towards its recent low, with the overall trend remaining bearish until further notice.

Trading Advice:

the Euro may remain under selling pressure until the reaction to upcoming major releases—specifically the US payrolls. Regardless of your conviction to buy or sell, strict risk management is absolutely essential amid the ongoing state of market uncertainty.

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

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1 07, 2026

Silver Price Forecast: XAG/USD Struggles To Reclaim $60 As Bearish Momentum Holds

By |2026-07-01T02:51:45+03:00July 1, 2026|Forex News, News|0 Comments







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30 06, 2026

The EURJPY keeps delaying the decline– Forecast today – 30-6-2026

By |2026-06-30T23:11:27+03:00June 30, 2026|Forex News, News|0 Comments

The EURJPY pair confirmed delaying the negative attempts, with the positive momentum that comes from the main indicators, to attempt to record some gains by reaching 185.35.

 

Note that the continuation of facing positive pressures, by the attempt of forming an initial support at 184.20 level, which might help it to reinforce the chances of recording extra gains by targeting 185.85 level, while the return of the fluctuation below 184.20 will reinforce the chances of forming new bearish trading, to expect reaching 183.50 level initially, attempting to reach the next support at 182.90.

 

The expected trading range for today is between 184.40 and 185.80

 

Trend forecast: Bullish 

 



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30 06, 2026

Coffee prices today June 30: Domestic price decreases by up to 700 VND/kg

By |2026-06-30T22:50:29+03:00June 30, 2026|Forex News, News|0 Comments


Domestic coffee prices today

Coffee prices today in key production areas simultaneously decreased. The average price was recorded at 89,200 VND/kg, down 600 VND/kg compared to the previous update.

In Dak Lak, coffee prices decreased by 600 VND/kg, down to 89,200 VND/kg. Gia Lai also recorded a similar decrease, bringing the purchase price back to 89,200 VND/kg.

In Lam Dong, coffee prices today decreased by 600 VND/kg, down to 88,800 VND/kg and continue to be the lowest level among the surveyed areas.

The old Dak Nong area had the highest purchase price, reaching 89,300 VND/kg, but decreased more sharply than the remaining areas, with a decrease of 700 VND/kg.

Thus, domestic coffee prices currently range from 88,800-89,300 VND/kg. The gap between the region with the highest and lowest prices is 500 VND/kg.

The USD/VND exchange rate according to Vietcombank was recorded at 26,076 VND/USD, down 15 VND.

World coffee prices

World coffee prices fluctuated in opposite directions in the most recent trading session. Arabica on the New York exchange increased, while Robusta on the London exchange simultaneously decreased for all terms.

On the London exchange, the September 2026 Robusta futures contract fell 63 USD/ton, equivalent to 1.74%, to 3,564 USD/ton.

Robusta futures in November 2026 decreased by 60 USD/ton, equivalent to 1.68%, to 3,510 USD/ton. The January 2027 term decreased by 54 USD/ton, to 3,467 USD/ton.

Robusta futures for March 2027 decreased by 51 USD/ton, equivalent to 1.47%, to 3,429 USD/ton.

The July 2026 contract was recorded at 3,761/ton, down 56 USD/ton. However, the trading volume of this term is only 2 lots because the contract has approached maturity, so it does not fully reflect the general diễn biến of the market.

On the New York floor, Arabica futures in September 2026 increased by 4.60 US cents/lb, equivalent to 1.68%, to 277.80 US cents/lb.

Arabica futures in December 2026 increased by 2.50 US cents/lb, reaching 263.40 US cents/lb. March 2027 futures increased by 2.10 US cents/lb, to 258.70 US cents/lb.

May 2027 futures increased by 1.90 US cents/lb, equivalent to 0.74%, reaching 258.90 US cents/lb.

Coffee price assessment

According to financial data firm Barchart, Arabica prices rose sharply as heavy rains in Brazil continued to slow harvest progress.

Meteorological company Somar Meteorologia said that Minas Gerais state, Brazil’s largest coffee producing region, recorded 31.3 mm of rainfall in the week ending June 28. This level is equivalent to 1.956% of the historical average of the same period.

Heavy rain in the middle of harvest season can hinder coffee harvesting, transportation and drying. Coffee beans exposed to prolonged humidity also face the risk of declining quality, thereby creating support for Arabica prices.

In addition to weather factors, standard Arabica inventories on the US Intercontinental Exchange continued to decrease. Arabica inventories fell to 380,534 bags, the lowest in about 2 years and 3 months.

The decrease in available Arabica supply on the exchange made the market more sensitive to unfavorable information about the Brazilian harvest. This is one of the reasons why Arabica maintained its upward momentum even though Robusta turned down.

In the opposite direction, Robusta is under pressure as inventory on the European Intercontinental Exchange increased to 4,053 lots, the highest level in about 2 months and 3 weeks.

Previously, Robusta inventory had decreased to 3,631 lots on May 15, the lowest level in 2 years. The addition of standard goods somewhat reduced concerns about short-term supply shortages.

Robusta supply from Vietnam is also trending upwards. The Foreign Agricultural Services Agency of the US Department of Agriculture forecasts that Vietnam’s coffee production in the 2026-2027 crop year will reach 32.5 million bags, an increase thanks to production expansion after a period of high coffee prices.

Year-end weather risks are still a factor being monitored by businesses. The US National Oceanic and Atmospheric Administration 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 the rainfall pattern in Brazil during the coffee tree flowering period in September and October, and also affect production conditions in Robusta growing areas in Asia. However, the level of impact depends on the actual developments in each region.

In terms of pressure, the Foreign Agricultural Services Agency of the US Department of Agriculture forecasts that Brazil may produce 66.7 million bags of coffee in the 2026-2027 crop year. The Dutch bank Rabobank also forecasts that the global Arabica market will continue to have a surplus.

In general, Arabica prices are being supported by heavy rain in Brazil and standard inventories are falling sharply. Meanwhile, Robusta is under pressure from recovery inventories and the prospect of increased Vietnamese supply.





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30 06, 2026

The EURGBP confirms the negativity – Forecast today – 30-6-2026

By |2026-06-30T19:10:28+03:00June 30, 2026|Forex News, News|0 Comments

The EURJPY pair confirmed delaying the negative attempts, with the positive momentum that comes from the main indicators, to attempt to record some gains by reaching 185.35.

 

Note that the continuation of facing positive pressures, by the attempt of forming an initial support at 184.20 level, which might help it to reinforce the chances of recording extra gains by targeting 185.85 level, while the return of the fluctuation below 184.20 will reinforce the chances of forming new bearish trading, to expect reaching 183.50 level initially, attempting to reach the next support at 182.90.

 

The expected trading range for today is between 184.40 and 185.80

 

Trend forecast: Bullish 

 



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30 06, 2026

Copper price provides sideways trading– Forecast today – 30-6-2026

By |2026-06-30T18:49:20+03:00June 30, 2026|Forex News, News|0 Comments


Copper price is affected by the positivity of the main indicators since yesterday, specifically by forming extra support by the moving average 55 at $5.9500, which obstructs the bearish corrective attempts, forming new sideways fluctuations by its stability near $6.1000.

 

The sideways fluctuations remains the dominance in today’s trading until gathering the negative momentum, confirming the importance of its stability at $6.3000 level, to motivate forming bearish waves to target $5.8200 and $5.7100.

 

The expected trading range for today is between $5.9500 and $6.2000

 

Trend forecast: Fluctuating





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30 06, 2026

GBP/USD Forecast: Pulls back as USD firms, 1.3300 key level

By |2026-06-30T15:09:33+03:00June 30, 2026|Forex News, News|0 Comments

The GBP/USD pair attracts some sellers during the Asians session on Tuesday and reverses a part of the previous day’s strong move up to a one-week top. Spot prices, for now, seem to have snapped a three-day winning streak and currently trade around the 1.3235-1.3230 region, down nearly 0.20% for the day.

The US Dollar (USD) regains some positive traction amid mixed signals on US-Iran talks and firming expectations that the US Federal Reserve (Fed) will hike interest rates in 2026. Furthermore, the UK political uncertainty ahead of a leadership contest is seen as undermining the British Pound (GBP) and exerting some downward pressure on the GBP/USD pair.

From a technical perspective, the recent repeated failures near the 200-period Simple Moving Average (SMA) on the 4-hour chart favor bearish traders. Moreover, spot prices retain a negative bias below the 1.3300 mark, though momentum indicators suggest that upside attempts could persist while the broader structure is still constrained by the overhead supply zone.

In fact, the Relative Strength Index (RSI) hovers near 54 while the Moving Average Convergence Divergence (MACD) histogram remains modestly positive. Hence, any further decline is more likely to find a decent support near the 1.3200 mark, below which the GBP/USD pair could aim to retest the year-to-date low, around the 1.3140 region, and decline further.

On the topside, initial resistance is located near the 1.3300 round figure, which is followed by the 200-period SMA at 1.3366. A sustained strength above this barrier would start to ease the broader bearish bias and open the way for a more convincing recovery phase, though a failure would leave the GBP/USD pair vulnerable to resume its downtrend.

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

GBP/USD 4-hour chart

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 Euro.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.28% 0.19% 0.16% 0.16% 0.21% -0.02% 0.24%
EUR -0.28% -0.09% -0.15% -0.16% -0.08% -0.31% -0.05%
GBP -0.19% 0.09% -0.04% -0.08% 0.02% -0.21% 0.03%
JPY -0.16% 0.15% 0.04% 0.00% 0.05% -0.16% 0.07%
CAD -0.16% 0.16% 0.08% -0.00% 0.03% -0.17% 0.08%
AUD -0.21% 0.08% -0.02% -0.05% -0.03% -0.20% 0.07%
NZD 0.02% 0.31% 0.21% 0.16% 0.17% 0.20% 0.23%
CHF -0.24% 0.05% -0.03% -0.07% -0.08% -0.07% -0.23%

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).

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30 06, 2026

Forecast update for EURUSD -29-06-2026

By |2026-06-30T14:48:41+03:00June 30, 2026|Forex News, News|0 Comments


The EURJPY pair confirmed delaying the negative attempts, with the positive momentum that comes from the main indicators, to attempt to record some gains by reaching 185.35.

 

Note that the continuation of facing positive pressures, by the attempt of forming an initial support at 184.20 level, which might help it to reinforce the chances of recording extra gains by targeting 185.85 level, while the return of the fluctuation below 184.20 will reinforce the chances of forming new bearish trading, to expect reaching 183.50 level initially, attempting to reach the next support at 182.90.

 

The expected trading range for today is between 184.40 and 185.80

 

Trend forecast: Bullish 

 





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