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30 03, 2026

Domestic markets hold prices, pressure from Brazil’s “super crop season

By |2026-03-30T07:56:17+02:00March 30, 2026|Forex News, News|0 Comments


Domestic coffee prices

The domestic coffee market this morning, March 30, did not have much fluctuation compared to Sunday’s holiday. The average purchase price in the Central Highlands region is still anchored at 92,400 VND/kg. Notably, the Lam Dong area recorded a slight increase of 200 VND/kg, while other localities kept prices unchanged to listen to signals from international exchanges that will reopen tonight.

Detailed purchase prices in regions:

Dak Nong (old): Continuing to maintain the highest price in the region at 92,500 VND/kg.

​Dak Lak and Gia Lai: Stable trading at 92,300 VND/kg.

Lam Dong: Slightly increased by 200 VND, pushing the price to 91,700 VND/kg.

In general, the current price level has moved away from the peak of over 96,000 VND/kg in early March due to unfavorable information about global supply in the long term.

World coffee prices

At the end of last week’s trading session, coffee prices on both London and New York exchanges closed in the red.

New York Stock Exchange (Arabica): May 2026 term fell sharply 5.95 cents (-1.93%), closing at 301.70 cents/lb. Oversupply pressure surged after Marex Group Plc raised its Brazilian production forecast for the 2026/27 crop to a record level of 75.9 million bags (up 15.5% y/y), higher than Sucafina’s forecast (75.4 million bags) and StoneX’s (75.3 million bags).

London Stock Exchange (Robusta): May 2026 term slightly decreased by 3 USD (-0.08%), closing the session at 3,593 USD/ton. Robusta’s decline was curbed thanks to inventories on the ICE exchange continuing to fall to the lowest level in 3.25 months, leaving only 4,127 lots.

Market opinion

The coffee market is facing great supply pressure from South America. The continuous appearance of “super crop” forecast reports in Brazil along with Arabica’s ICE floor inventory reaching a 6-month peak (585.621 bags) is a major barrier to price increases.

However, supporting factors are still present as tensions in the Strait of Hormuz disrupt maritime transport, increase logistics costs and tighten short-term supply for international roasters. In Vietnam, exports in the first 2 months of the year increased by 14% to 360,000 tons, showing that the volume of goods is still being pushed to the market quite steadily.

It is forecasted that in the first sessions of this week, coffee prices will continue to be in a state of fluctuation in the range of 91,500 – 93,000 VND/kg. Farmers should closely monitor the technical recovery of the London exchange when inventories are still at a low level to balance sales.

Note: The actual price may vary depending on quality and locality.





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30 03, 2026

Steadies around 1.1500 but bearish bias remains

By |2026-03-30T07:53:33+02:00March 30, 2026|Forex News, News|0 Comments

The EUR/USD pair recovers a few pips after retesting a one-week low earlier this Monday and holds steady around the 1.1500 psychological mark during the Asian session. The upside, however, seems limited as rising geopolitical tensions might continue to benefit the safe-haven US Dollar (USD) and act as a headwind for spot prices.

Reports suggest that the Pentagon is preparing for weeks of ground operations in Iran. Adding to this, the entry of the Iran-backed militant group in Yemen, the Houthis, raises the risk of a further escalation of the conflict in the Middle East. This continues to weigh on investors’ sentiment. Furthermore, inflation fears stemming from elevated energy prices continue to fuel hawkish Federal Reserve (Fed) expectations, which could further underpin the USD and cap the upside for the EUR/USD pair.

From a technical perspective, the near-term bias is mildly bearish as spot prices hold beneath the flat 200-hour Exponential Moving Average (EMA) around 1.1550, keeping upside attempts capped. The Moving Average Convergence Divergence (MACD) line fluctuates tightly around the signal and the zero line, and the muted histogram highlights a lack of strong directional momentum. The Relative Strength Index (RSI) near 43 remains below the 50 midline, suggesting sellers retain a modest advantage despite the absence of impulsive downside.

Meanwhile, immediate resistance emerges at 1.1535, with a break exposing 1.1550 as the next barrier in line with the 200-hour EMA. A sustained move above 1.1550 would ease bearish pressure and open the door toward 1.1580. On the downside, initial support stands at 1.1490, followed by 1.1475 if selling pressure extends. A clear drop through 1.1475 would strengthen the bearish bias and target the 1.1450 area next.

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

EUR/USD 1-hour chart

US Dollar FAQs

The US Dollar (USD) is the official currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022.
Following the second world war, the USD took over from the British Pound as the world’s reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away.

The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability (control inflation) and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates.
When prices are rising too quickly and inflation is above the Fed’s 2% target, the Fed will raise rates, which helps the USD value. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates, which weighs on the Greenback.

In extreme situations, the Federal Reserve can also print more Dollars and enact quantitative easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system.
It is a non-standard policy measure used when credit has dried up because banks will not lend to each other (out of the fear of counterparty default). It is a last resort when simply lowering interest rates is unlikely to achieve the necessary result. It was the Fed’s weapon of choice to combat the credit crunch that occurred during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions. QE usually leads to a weaker US Dollar.

Quantitative tightening (QT) is the reverse process whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing in new purchases. It is usually positive for the US Dollar.

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30 03, 2026

XAU/USD opens lower around $4,450 on fears of widening Iran conflicts

By |2026-03-30T03:55:38+02:00March 30, 2026|Forex News, News|0 Comments


Gold price (XAU/USD) opens over 1% lower to near $4,445.00 on Monday, as oil prices have rallied further on fears of further widening of conflicts in the Middle East. WTI Oil price is up almost 3% above $102.50 in the opening trade, increasing fears of higher inflation expectations globally.

Theoretically, accelerating global inflation expectations force central banks to hold interest rates steady for a longer term or tighten monetary conditions, which diminishes demand for non-yielding assets, such as Gold.

Fears of further escalation in the Middle East war are prompted by the expectation that the United States (US) is considering a ground invasion of Iran. On Thursday, a report from the Wall Street Journal (WSJ) showed that the US Pentagon will send 10,000 additional troops to Iran.

In response, Iran’s Brigadier General Ebrahim Zolfaqari warned on the Iranian state TV that “US troops will be good food for sharks of the Persian Gulf”.

Meanwhile, a report from Reuters has shown that US President Donald Trump remains confident, while interviewed by the Financial Times (FT), that Washington could reach a deal with Iran soon. “Indirect talks via emissaries progressing well,” Trump said, and added, “A deal could be made fairly quickly.”

Gold technical analysis

XAU/USD trades lower at around $4,445 in the opening trade. The near-term bias is bearish, with price extending below the 20-day Exponential Moving Average (EMA) that now tracks well above the market and acts as dynamic resistance around $4,735. The sequence of lower closes from the $5,300 area underscores a downside trend after losing the prior consolidation band around $4,900.

The 14-day Relative Strength Index (RSI) continues to stay inside the 20.00-40.00 range, indicating persistent selling pressure while leaving room for further downside before momentum exhausts.

Immediate resistance emerges at $4,736, where the 20-day EMA converges with the recent breakdown reference, followed by $4,915 as the next upside barrier if a corrective bounce develops. A daily close back above $4,915 would weaken the current bearish structure and open the path toward $5,080. On the downside, initial support is located at the March 24 low near $4,307, with a break below exposing the next bearish objective at the March 23 low around $4,100. As long as price holds beneath the $4,736–4,915 resistance band, sellers retain control of the short-term outlook.

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

Gold FAQs

Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.



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29 03, 2026

XAG/USD Braces for Third Consecutive Weekly Decline as Charts Signal Caution

By |2026-03-29T23:54:31+02:00March 29, 2026|Forex News, News|0 Comments


BitcoinWorld
BitcoinWorld
Silver Price Forecast: XAG/USD Braces for Third Consecutive Weekly Decline as Charts Signal Caution

Global silver markets face mounting pressure as the XAG/USD pair prepares for its third consecutive negative weekly close, according to technical chart analysis from major financial hubs on Friday, March 14, 2025. This persistent downward movement marks one of the longest weekly losing streaks for the precious metal this year, consequently prompting renewed analysis from commodity strategists and institutional traders. The current price action reflects broader macroeconomic shifts that are influencing precious metal valuations worldwide.

Silver Price Forecast: Analyzing the Technical Breakdown

Technical charts for XAG/USD reveal a clear pattern of sustained selling pressure. The weekly chart, a crucial tool for institutional investors, shows silver failing to hold above key support levels established earlier in the quarter. Furthermore, moving averages have begun to realign in a bearish configuration, with the 50-week average converging downward toward the 200-week average. This convergence often signals a potential shift in long-term momentum. Meanwhile, daily timeframes indicate that each rally attempt has met with immediate resistance, creating a series of lower highs and lower lows—a classic technical downtrend structure.

Volume analysis provides additional context for the price movement. Notably, trading volume has expanded during down days and contracted during minor recovery attempts. This volume profile suggests stronger conviction among sellers than buyers in the current environment. Key technical indicators also support the cautious outlook:

  • Relative Strength Index (RSI): The weekly RSI remains below the 50 midline, indicating bearish momentum.
  • Moving Average Convergence Divergence (MACD): The MACD histogram shows increasing negative values on weekly charts.
  • Support Zones: Critical support near the $24.50 level has been tested multiple times this week.

Macroeconomic Drivers Behind the Precious Metal Slide

The silver market does not operate in isolation. Consequently, several interconnected economic factors are contributing to the current pressure on XAG/USD. Primarily, shifting expectations around central bank policy, particularly from the U.S. Federal Reserve, have reduced the appeal of non-yielding assets like silver. As interest rate expectations firm, the opportunity cost of holding precious metals increases for institutional portfolios. Simultaneously, the U.S. dollar index (DXY) has shown resilience, creating natural headwinds for dollar-denominated commodities.

Industrial demand considerations also play a significant role in silver’s unique dual identity as both a monetary and industrial metal. Recent manufacturing data from major economies, including Purchasing Managers’ Index (PMI) reports, have shown mixed signals. While certain technology sectors maintain steady demand for silver in components, broader industrial slowdown concerns in some regions are tempering bullish forecasts. The following table summarizes recent influential data points:

Factor Current Influence Market Impact
U.S. Treasury Yields Rising 10-year yields Negative for precious metals
Dollar Strength (DXY) Consolidating near highs Downward pressure on XAG/USD
Global PMI Data Mixed regional signals Neutral to slightly negative
ETF Holdings Moderate outflows recorded Reflective of investor caution

Expert Analysis on Market Structure and Sentiment

Market analysts from leading commodity research firms point to structural changes in trader positioning. According to recent Commitments of Traders (COT) reports published by regulatory authorities, managed money accounts have reduced their net-long positions in silver futures for four consecutive weeks. This systematic reduction in speculative interest often precedes or accompanies sustained price declines. Meanwhile, physical market premiums have remained stable in key regions like North America and Europe, suggesting that retail and industrial physical demand is absorbing some of the selling pressure from paper markets.

Historical context provides another layer of understanding. Silver has experienced similar multi-week declines approximately twelve times in the past decade. In eight of those instances, the metal found a consolidation floor within four to six weeks before establishing its next directional move. Seasonality patterns also offer insight, as the period following the first quarter has historically shown mixed performance for silver, with industrial demand cycles often dictating the medium-term trend.

Comparative Performance and Sector Implications

Silver’s performance must be evaluated relative to other asset classes. Notably, the gold-silver ratio—a closely watched metric by precious metal traders—has widened during this period. This widening indicates that silver is underperforming gold, which often occurs during risk-off periods or when industrial concerns outweigh monetary demand. The ratio’s movement suggests that silver’s industrial attributes are currently weighing more heavily on its price than its safe-haven characteristics.

The mining sector provides a real-world reflection of these price movements. Share prices for primary silver producers and diversified miners with significant silver exposure have generally underperformed broad equity indices this month. However, production cost analysis indicates that most major producers remain profitable at current price levels, reducing the immediate risk of supply contraction. This fundamental support could help establish a price floor if the decline continues.

Forward-Looking Indicators and Potential Catalysts

Several upcoming events and data releases could serve as catalysts for the next significant move in silver prices. Central bank meetings, particularly those with updated economic projections, will be scrutinized for hints about future liquidity conditions. Additionally, inflation data from major economies will influence real yield calculations, a critical driver for precious metal valuations. Geopolitical developments, which traditionally boost safe-haven demand, remain a variable that could rapidly alter market sentiment.

Technically, market participants are watching for either a decisive breakdown below the current weekly support zone or a reversal pattern that could signal exhaustion of the selling pressure. A sustained close above the recent weekly high would be the first technical indication that the downward momentum is abating. Until such signals emerge, the prevailing trend suggests caution for momentum-based traders while potentially creating accumulation opportunities for long-term value investors.

Conclusion

The silver price forecast remains cautious as XAG/USD approaches its third consecutive negative weekly close. Technical charts clearly depict a bearish momentum structure, supported by macroeconomic headwinds including dollar strength and shifting rate expectations. However, stable physical demand and production economics provide underlying support. Market participants should monitor upcoming economic data and key technical levels for signals of either trend continuation or reversal. This period of consolidation and testing may ultimately establish the foundation for silver’s next significant directional move in 2025.

FAQs

Q1: What does a third consecutive negative weekly close mean for silver?
A third weekly decline typically indicates sustained selling pressure and a shift in medium-term momentum. It often leads technical analysts to adjust their support levels and watch for potential trend acceleration or exhaustion.

Q2: How does the U.S. dollar affect XAG/USD prices?
Since silver is priced in U.S. dollars globally, a stronger dollar makes it more expensive for holders of other currencies, potentially reducing international demand and putting downward pressure on the XAG/USD pair.

Q3: Are silver mining companies affected by this price decline?
Yes, mining equity valuations generally correlate with metal prices. However, most established producers maintain healthy margins above production costs, providing some fundamental price support.

Q4: What technical level is most important to watch now?
Analysts are closely monitoring the $24.50 support zone on weekly charts. A decisive break below this level could trigger further technical selling, while holding above it might signal consolidation.

Q5: Does this decline affect physical silver investment differently than paper markets?
Physical bullion markets often show different dynamics, with premiums sometimes increasing during price declines as retail buying interest emerges, while paper futures and ETF markets may react more directly to financial flows and leverage.

This post Silver Price Forecast: XAG/USD Braces for Third Consecutive Weekly Decline as Charts Signal Caution first appeared on BitcoinWorld.



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29 03, 2026

Weekly Forex Forecast – 29th March

By |2026-03-29T19:51:10+02:00March 29, 2026|Forex News, News|0 Comments

Fundamental Analysis & Market Sentiment

I wrote on 22nd March that the best trades for the week would be:

  1. Long of the USD/JPY currency pair. This gave a win of 0.95%.

  2. Long of Brent Crude Oil but with ¼ of the normal position size. This gave a loss of 1.85%.

Last week’s overall loss of 0.90% is 0.80% per asset.

A summary of last week’s most important data in the market:

  1. UK CPI (inflation) – as expected at 3.0%.

  2. Australian CPI (inflation) – unexpectedly ticked lower to 3.7%, producing a slight weakening in the Aussie.

  3. USA, Germany, UK Flash Services & Manufacturing PMI – manufacturing did better than expected, services did worse.

  4. US Unemployment Claims – as expected.

  5. UK Retail Sales – slightly better than expected, showing a month-on-month decrease by only 0.4% when a decline of 0.6% was expected.

Last week’s data had little effect on the market. Generally, we are seeing hawkish central banks against the backdrop of a potentially inflationary energy price shock generated by the ongoing war in the Middle East. There are open and frightening questions over how this war might end, and what its global economic effects might be, although reports of imminent catastrophes are exaggerated.

An element of the war took the headlines early last week when President Trump successfully suppressed energy prices by extending the deadline to this earlier threat to begin destroying Iranian power plants by five days, as the USA and Iran were in talks. This immediately triggered a 10% reduction in the price of energies, and the S&P 500 Index jumped by almost 200 points. However, the euphoria was somewhat short lived, as Iran denied any ongoing talks, and gaps between the parties remained reportedly huge and unbridgeable. As the week went on, the price of energies began to rise again, while remaining off recent highs. However, the earlier gains in the stock market evaporated completely, with the S&P 500 Index closing sharply lower at a new 7-month low price.

US politicians have been talking about the war ending soon, but not for a little while, or words to this effect. This tactic of talking up an end to the war while pressing on with as total a destruction as possible of the regime, its nuclear and missile programs, its other military assets, and its financial assets. Tactically, the war has been a stunning success for the USA and Israel, with this destruction having been pressed home.

Although president Trump has pushed it off twice, it is worth remembering that his threat to destroy Iran’s power plants is still live, with a deadline of 6th April.

Prediction markets such as Polymarket suggest that the war will last until May, when after using US troops on the ground in some capacity starting in April, President Trump will likely order a unilateral halt to operations in coordination with Israel. Markets then expect some kind of formal ceasefire deal by the end of May. Concerning US ground troops, there is speculation that they might be used to seize Kharg Island and/or possibly other strategic Islands, or the Hormuz coast, which might provide further economic leverage over the regime. An operation to remove the highly enriched uranium which is still located in Iran is also a possibility.

It seems very likely that the war will end with the regime remaining in power but nearly stripped of its military equipment and programs, facing its people. The regime will probably survive for a while and possibly indefinitely but may not survive the anger of the people and its own weakening. Two issues that will remain to be resolved will be the full opening of the Strait of Hormuz (there are rumours about countries making their own individual deals with Iran about that) and the enriched uranium. Apart from these two issues, it looks as if in two or three weeks from now the US and Israel will announce a halt and hope that Iran stops firing or at least desires to negotiate a ceasefire. It will then remain to be seen whether the USA and Israel will be able to translate a huge tactical gain into a long-term strategic gain.

The price of energies will likely decline when the US and Israel cease fire, and the stock market will probably get a boost, although it seems like the stock market has a bigger underlying problem.

The Week Ahead: 30th March – 3rd April

The middle east war is likely to remain more influential that any economic data releases which are scheduled over the coming week, especially if it escalates towards increased targeting of infrastructure. The top three items have realistic potential to move the market a bit, especially in the US Dollar.

The coming week’s most important data points, in order of likely importance, are:

  1. US Average Hourly Earnings

  2. US Non-Farm Employment Change

  3. US JOLTS Jobs Openings

  4. US Retail Sales

  5. ADP Non-Farm Employment

  6. Canadian GDP

  7. US ISM Manufacturing PMI

  8. US Unemployment Rate

  9. US Unemployment Claims

Friday will be a public holiday in Australia, New Zealand, Germany, Switzerland, the UK, and Canada.

Monthly Forecast April 2026

Currency Price Changes and Interest Rates

For the month of March, I made no monthly Forex forecast as the US Dollar was not in a clear trend at the start of the month.

For the month of April, I forecast that the USD/JPY currency pair will rise in value.

Weekly Forecast 30th March 2026

Last week saw no currency crosses with excessive volatility, so I am making no forecast for the coming week.

The US Dollar was the strongest major currency last week, while the Australian Dollar was the weakest. Directional volatility increased significantly last week, with 30% of all major pairs and crosses changing in value by more than 1%.

Next week’s volatility is likely to remain the same or possibly decline as the week will end a bit early for some due to the Easter holiday. However, the ongoing war in the Middle East retains the ability to roil the market if there are any surprises. This could generate volatility in the US Dollar, the Japanese Yen, and the Canadian Dollar, not to mention stock markets.

You can trade these forecasts in a real or demo Forex brokerage account.

Technical Analysis

Key Support/Resistance Levels for Popular Pairs

Weekly Forex Forecast – 29th March

Key Support and Resistance Levels

US Dollar Index

The US Dollar printed a bullish candlestick, with a large lower wick, and a close that was right on the high of its range. It was almost the highest weekly close in the past ten months, so we are very close to a significant bullish breakout after a relatively consolidative period.

Other bullish factors are the long-term bullish trend in the Dollar, and rising US Treasury Yields which are also breaking to new long-term highs, pushing the greenback higher.

I think expecting the greenback to rise is the correct approach. It is very difficult to imagine the Middle East war ending surprisingly soon, so we will likely continue to see the same kind of flow which benefits the US Dollar over the coming week.

Weekly Forex Forecast – 29th March

US Dollar Index Weekly Price Chart

USD/JPY

The USD/JPY currency pair gained firmly last week, finally making the long-anticipated bullish breakout beyond the big round number at ¥160. This is the highest price seen here in over 1.5 years, and the weekly candlestick was a bullish one which closed very near the high of its range. These are bullish signs, as is the fact that the price chart below shows an orderly bullish trend supported by an obvious trend line for about one year now.

I am happy to be long of this currency pair, especially now that we are above ¥160.

The US Dollar was the biggest gainer of all the major currencies last week and seems poised to break higher. The Japanese Yen is relatively weak as markets are still not convinced the Bank of Japan is really going to be able to start getting serious about hiking rates due to massive Japanese debt.

Weekly Forex Forecast – 29th March

USD/JPY Daily Price Chart

AUD/USD

The AUD/USD currency pair was at the heart of the Forex market last week, with the greenback gaining by more than any other major currency, while the Australian Dollar was the biggest lower. There has been a very long-term bullish trend in the Aussie, which seemed to have decoupled from risk sentiment to some extent, but we see the Aussie getting hit hard as the world faces up to the fact that the Middle East war may now drag out for several more weeks and even escalate, potentially disrupting shipping and raising insurance premiums.

Looking technically at the weekly price chart below, we can see we have a strong bearish U-shaped top, and now the bearish leg has really gained momentum, ending the week very near the low of its range – a bearish sign of bearish momentum.

It is hard to see the current picture changing, barring a sudden surprise end to the war in the Middle East.

I won’t be trading in this currency pair yet, but day traders might want to look for shorts in this currency pair if the week opens with similar bearish momentum as was seen last week.

Weekly Forex Forecast – 29th March

AUD/USD Weekly Price Chart

Brent Crude Oil Futures

Brent Crude Oil is tending to outperform WTI Crude Oil during this crisis, so if I am looking to the long side which I am here, I will focus on Brent and not WTI.

The price here was looking very bullish last weekend, which is why I saw a long trade, albeit a very small-sized one with only a quarter of normal position size. This trade would have been a big loser at full size, after President Trump talked the price down last Monday by extending the deadline for his threat to destroy Iran’s power plants.

The price has since recovered somewhat, and the action is bullish, but a bit muted.

There is still a potential for escalation and supply disruption within this ongoing war, which prediction markets do not see ending before May, so I remain ready to go long here if we see a new long-term high daily (New York) closing price above $112.

I continue to recommend a small position size, but I would move that up from one quarter of normal size to one half.

Weekly Forex Forecast – 29th March

Brent Crude Oil Futures Daily Price Chart

Gasoline Futures

RBOB Gasoline futures can be understood by reading what I wrote above for Crude Oil. One thing that is particular to Gasoline is that the price action is even more bullish, and the price is even more sensitive to what is going on in the Middle East, as gasoline companies are very quick to pass on their anticipated higher costs to consumers.

There is still scope here for higher prices due to the war, and the price is much closer to making a breakout to new highs than crude oil is.

I will go long here if we see a daily (New York) closing price above $3.2319 but with only half my usual position size.

If Gasoline futures are expensive for you, and they probably are as there are no Gasoline micro futures, you might try using the ETF UGA or one outside the USA if you prefer – these are much more affordable.

Weekly Forex Forecast – 29th March

RBOB Gasoline Futures Daily Price Chart

S&P 500 Index

Last week was poor again for the US stock market, with the S&P 500 Index falling heavily, especially on the final two days of the week, to reach a new 7-month low, with the daily chart closing quite far below both the SMA 200 and the EMA 200. These are bearish signs, with the market now almost 10% below its recent all-time high which it reached just a few weeks ago – that would be formal correction territory.

By some metrics – notably the 200-day moving averages and the fact we are at a 7-month low, not to mention the recent strong bearish momentum – you could call this a bear market.

The ongoing war in the Middle East has spooked an already nervous and overbought stock market, especially in the USA, probably hastening (but not causing) its fall.

This is not an environment to buy stocks or the market index. If you want to buy a dip, you should really wait for a sign that the dip has ended, and the price is heading up again.

I am bearish and I can see the price reaching 6,250 or even lower over the next week. However, it is extremely hard to exploit bearish markets on the short side. It is best just to get out and stay on the sidelines until things stabilize.

Weekly Forex Forecast – 29th March

S&P 500 Index Daily Price Chart

US 10 Year Treasury Yield Futures

Treasury Yield instruments have tended to trend very reliably and can be an excellent instrument to bring profit to trend followers. There is a micro future available here sized at only about $4,000 so it can be affordable.

We have seen US Treasury Yield rise with quite strong momentum over the past month, enough to completely reverse the technical picture from long-term bearish breakdown to long-term bullish breakout, with the price here making a new 18-month plus high. Although there is a fairly large upper wick on Friday’s daily candle, I still feel trend trading US yields is an excellent thing to be involved in. Also, it is hard to see what might change this picture of rising US yields, it really takes a change in some macro input or sentiment, which is why these can be so great for trend followers.

I will be entering a long trade here on Monday with a normal position size.

If a $4,000 future is too much for you, some brokers might offer it as a CFD, but then you must watch the overnight rates closely and make sure it is still worth it.

Weekly Forex Forecast – 29th March

US 10 Year Treasury Yield Futures

Bottom Line

I see the best trades this week as:

  1. Long of the USD/JPY currency pair.

  2. Long of the 10Y US Treasury Yield Future.

Ready to trade our weekly Forex forecast? Check out our list of the top 10 Forex trading platforms.

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29 03, 2026

Record supply surplus pressure still present

By |2026-03-29T15:52:09+02:00March 29, 2026|Forex News, News|0 Comments


Domestic coffee prices

The domestic coffee market entered Sunday, March 29, with a calm state. After a slight downward adjustment of 200 VND yesterday, the purchase price in key areas of the Central Highlands is currently maintaining stability at an average of 92,400 VND/kg.

Detailed stable purchase prices in regions:

Average coffee price in ​Dak Nong (old): Neo at 92,500 VND/kg.

Average coffee prices in Dak Lak and Gia Lai: Trading stable at 92,300 VND/kg.

Average coffee price Lam Dong: Maintains a price of 91,500 VND/kg.

World coffee prices

At the end of the past trading week, the international market witnessed a significant correction as forecasting organizations continuously raised Brazil’s production estimates to new record milestones.

New York Stock Exchange (Arabica): Closing the last session of the week at 301.70 cents/lb, down sharply by 5.95 cents (-1.93%). Oversupply pressure became serious when Marex Group Plc raised its forecast for Brazil’s 2026/27 crop output to a record 75.9 million sacks (up 15.5% compared to the previous year), surpassing the 75.3 million sacks of StoneX and the 75.4 million sacks of Sucafina before that. Inventory on the ICE exchange increased to a 6-month high (585.621 sacks) is also a factor hindering the increase.

London Stock Exchange (Robusta): May 2026 delivery limit stopped at 3,593 USD/ton. Despite profit-taking pressure, Robusta’s decline was still curbed thanks to inventories on the ICE exchange continuing to fall to the lowest level in 3.25 months, leaving only 4,127 lots.

Market opinion

The coffee market is entering a period of fierce tug-of-war between supporting factors and price downward pressure.

On the supporting side, the closure of themuz Strait disrupting global maritime transport, pushing freight rates, insurance and fuel prices to skyrocket, is still an important support for prices. In addition, Brazilian farmers hoarding goods waiting for high prices and rainfall in the Minas Gerais region reaching only 45% of the historical average are also signals that help prices not fall too deeply.

Regarding pressure, the prospect of a “super bumper” crop in Brazil is overwhelming market sentiment. In addition, Vietnam’s exports in the first 2 months of the year increased by 14% (reaching 360,000 tons) and forecasts that Vietnam’s 2025/26 crop output may reach a 4-year peak (1.76 million tons) also put great pressure on the Robusta River.

It is predicted that when entering the new week, coffee prices will continue to fluctuate in the range of 91,500 – 93,500 VND/kg. Diplomatic developments aimed at reopening the Strait of Hormuz will be the “detonator” deciding the short-term direction of coffee prices.

The actual price may vary depending on each locality and the quality of the seeds.





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29 03, 2026

Gold Price Today (XAU/USD): Live Price, Analysis & Forecast

By |2026-03-29T11:51:09+02:00March 29, 2026|Forex News, News|0 Comments


Gold price today stands at $4,524 per ounce as of Friday, March 27, 2026, up 2.62% as the metal consolidates near its fourth consecutive weekly loss — down roughly 19% from its January 28 all-time high of $5,589. In Pakistan, 24-karat gold trades at Rs 497,000 per tola. Wall Street remains structurally bullish despite the pullback: Goldman Sachs targets $5,800, JP Morgan sees $5,500, and UBS has flagged potential for $6,000+. The accelerating global de-dollarization trend — gold now accounts for a larger share of global central bank reserves than U.S. Treasuries for the first time since the mid-1990s — provides a structural floor, but the Dollar Index’s recovery toward 100 and the Fed holding rates at 3.5%–3.75% are capping near-term upside.

Key Takeaways

  • Current Price:
    XAU/USD at $4,524/oz — down 19% from $5,589 all-time high (Jan 28)
  • Direction:
    Consolidating near 4-week lows; Iran conflict stalemate caps upside
  • Key Catalyst:
    U.S. PCE data (Mar 27), Fed April meeting, Iran ceasefire outcome
  • Wall Street Outlook:
    Goldman $5,800 · JP Morgan $5,500 · UBS $6,000+ — structural bull case intact
  • Pakistan Rate:
    Rs 497,000/tola (24K) — daily surge of Rs 13,000 reflects rupee weakness

Gold Price Today — Live Market Data

$4,524
▲ $146.00 (+2.62%)

Previous Close
$4,378

Week Range
$4,376 – $4,565

52-Week Range
$2,956.60 – $5,589.38

All-Time High
$5,589.38 (Jan 28)

24K Gold
Rs 497,000/tola

22K Gold
Rs 455,580/tola

Silver (Pakistan)
Rs 7,454/tola

Gold spot price — 12-month view. Chart via TradingView. Data delayed up to 15 minutes.

This section is updated regularly throughout the trading day. For live streaming prices, check Trading Economics gold charts.

What’s Driving Gold Prices Right Now

The dominant force shaping gold’s trajectory in late March 2026 is the Iran conflict, now entering its fourth week. Safe-haven demand surged when U.S. and Israeli forces struck Iranian military infrastructure on March 1, sending gold to $5,349 — its highest close since the January peak. But the narrative shifted last week when the Trump administration floated a 15-point ceasefire proposal routed through Pakistani diplomatic channels.

Iran rejected the proposal outright and countered with a five-point plan that includes a demand for permanent control of Strait of Hormuz shipping lanes — a non-starter for Washington. The diplomatic stalemate has kept oil above $99 per barrel, stoking inflation fears that would ordinarily push gold higher. Yet gold is pulling back because markets are pricing in some probability that war ends, which removes the crisis premium.

The Federal Reserve is holding rates at 3.5%–3.75%, a range that keeps real yields in marginally positive territory. When real yields rise, gold’s opportunity cost increases — which partly explains the 16% retreat from January highs. The Dollar Index (DXY) has strengthened roughly 4% since mid-February, creating a second headwind: gold is priced in dollars, so a stronger dollar mechanically depresses the metal’s price for foreign buyers.

Offsetting these pressures is sustained central bank demand. Poland, China, India, and Turkey continued accumulating gold reserves in Q1 2026, following a pattern documented by the World Gold Council that saw central banks purchase 863 tonnes in 2025 (following 1,037 tonnes in 2023). Poland’s National Bank led 2025 purchases at 102 tonnes for the second consecutive year. In January 2026, net central bank purchases were just 5 tonnes — cautious at elevated prices — but the structural diversification away from dollar reserves continues. Bank Negara Malaysia made its first gold purchase since 2018, and Bank of Korea announced plans for overseas physical gold ETFs for the first time since 2013. That structural demand floor has prevented a deeper correction despite the dollar rally.

Gold’s Wild 2026 — From $5,400 to $4,500

Jan 26
$5,110
Breaks $5,100 for first time

Jan 28
$5,589
All-Time High

Mid-Feb
$4,800
Profit-taking selloff

Mar 1
$5,349
Iran strike safe-haven surge

Mar 27
$4,524
Ceasefire stalemate consolidation

Gold’s journey in 2026 has been anything but orderly. The metal opened the year riding the momentum from 2025’s extraordinary bull run — prices had doubled from roughly $2,600 in early 2025 to above $5,200 by year-end, driven by a combination of dollar weakness, central bank accumulation, and mounting geopolitical anxiety in the Middle East.

January 26, 2026, marked the first major milestone of the year: gold broke through $5,100 for the first time in recorded history, reaching an intraday high of $5,110.50. Spot gold gained over 2.2% that day alone as safe-haven demand converged with a confidence crisis in risk assets. Silver simultaneously surged past $100 per ounce, reaching approximately $110. The catalyst was a Trump tariff threat against Canada over a potential trade agreement with China, compounding an already elevated geopolitical risk environment.

The euphoria peaked on January 28 when gold touched $5,589.38 — its all-time high. What followed was a textbook profit-taking episode. Gold fell sharply in a single session as leveraged longs unwound positions. The sell-off accelerated over the following weeks as the dollar strengthened and Iran ceasefire speculation briefly circulated. By mid-February, gold had retreated to the $4,800–$5,000 range as investors locked in gains after the historic run.

March 1 delivered a sharp reversal. U.S.-Israeli strikes on Iranian facilities sparked a safe-haven rush that drove gold back to $5,349 in a single session — a 3.66% daily swing that underscored how sensitive the market had become to war news. But the rally faded quickly as ceasefire negotiations began. By March 27, gold had retraced to approximately $4,524, settling into a range that reflects genuine uncertainty about the conflict’s outcome rather than either a panic bid or a complacency selloff.

The volatility profile has been extreme. Daily swings of 3% or more — historically rare for gold — have become routine. Options markets are pricing elevated implied volatility through at least Q2, suggesting traders expect more turbulence ahead regardless of whether the Iran conflict resolves or escalates.

$5,589

All-Time High (January 28, 2026)

Gold has pulled back 19% from this record — the deepest correction since the 2020 pandemic rally — yet remains 70% above early 2025 levels. Central bank accumulation of 863 tonnes in 2025 provides a structural floor.

Gold Price in Pakistan

Pakistani gold buyers are paying Rs 497,000 per tola for 24-karat gold and Rs 455,580 for 22-karat as of March 27, 2026. Silver trades at Rs 7,454 per tola domestically. The daily surge of Rs 13,000 in 24K rates reflects both the international price movement and the rupee’s ongoing depreciation against the dollar — when PKR weakens, local gold prices rise even when international prices are flat.

Pakistan ranks among the world’s largest gold consumers, with demand concentrated in jewelry, wedding season gifting, and household savings. The country imports most of its gold through official channels tracked by the State Bank of Pakistan, though informal markets remain significant. For current Pakistan gold rates per tola and gram, including city-specific prices for Karachi, Lahore, and Islamabad, check the All Pakistan Sarafa Jewellers Association data updated daily.

The currency impact on Pakistani gold prices is structural. Over the past two years, the rupee has lost significant value against the dollar, meaning even periods of gold price consolidation internationally can translate into local price increases. Buyers timing large purchases — particularly for weddings — should factor in both international gold trends and the rupee/dollar exchange rate, which adds a layer of volatility not present for buyers in dollar-denominated markets.

Gold Price Calculator

Convert between tola, gram, and ounce at today’s rate

Tola
Gram
Troy Ounce

24K (999)
22K (916)
21K (875)
18K (750)

USD
$4,524.00

PKR
Rs 1,260,426

Based on today’s spot price of $4,524/oz and PKR/USD rate of ~278.5. For indicative purposes only.

(function(){
var GOLD_OZ_USD = 4524;
var PKR_PER_USD = 278.5;
var GRAM_PER_OZ = 31.1035;
var GRAM_PER_TOLA = 11.664;
function calc(){
var amt = parseFloat(document.getElementById(‘gold-calc-amount’).value) || 0;
var unit = document.getElementById(‘gold-calc-unit’).value;
var karat = parseInt(document.getElementById(‘gold-calc-karat’).value);
var purity = karat / 24;
var grams;
if(unit === ‘oz’) grams = amt * GRAM_PER_OZ;
else if(unit === ‘tola’) grams = amt * GRAM_PER_TOLA;
else grams = amt;
var pricePerGram = (GOLD_OZ_USD / GRAM_PER_OZ) * purity;
var usd = grams * pricePerGram;
var pkr = usd * PKR_PER_USD;
document.getElementById(‘gold-result-usd’).textContent = ‘$’ + usd.toLocaleString(‘en-US’,{minimumFractionDigits:2,maximumFractionDigits:2});
document.getElementById(‘gold-result-pkr’).textContent = ‘Rs ‘ + Math.round(pkr).toLocaleString(‘en-US’);
}
document.getElementById(‘gold-calc-amount’).addEventListener(‘input’, calc);
document.getElementById(‘gold-calc-unit’).addEventListener(‘change’, calc);
document.getElementById(‘gold-calc-karat’).addEventListener(‘change’, calc);
calc();
})();

Why Gold Prices Move — The Fundamentals

Gold has served as a store of value for over 5,000 years, and its price today is determined by the same forces that have always governed it — just expressed through modern financial instruments. Understanding these drivers helps investors interpret daily price moves and position accordingly.

Inflation hedge: Gold historically rises when real interest rates turn negative — that is, when nominal rates fall below inflation. When cash earns less than inflation erodes, investors seek assets that preserve purchasing power. Gold’s 75% gain since early 2025 came precisely as inflation fears resurfaced globally. The relationship is not perfect — gold can underperform during short-term inflation spikes if the Fed raises rates aggressively — but over multi-year cycles, the correlation holds.

Safe haven demand: Wars, recessions, banking crises, and political upheaval drive capital into gold. The Iran conflict is the clearest current example — gold rallied $500 per ounce in the weeks following the initial escalation. This safe-haven premium is inherently unstable: it inflates quickly during panic and deflates just as fast when fear subsides, which explains gold’s $163 single-day selloffs during ceasefire rumors.

Dollar inverse correlation: Because gold is priced globally in U.S. dollars, a stronger dollar makes gold more expensive for foreign buyers, reducing demand and pushing prices down. Conversely, dollar weakness — driven by Fed rate cuts, trade deficits, or loss of reserve currency confidence — amplifies gold’s gains. The DXY and gold typically move in opposite directions, though this correlation breaks during extreme safe-haven episodes when both assets attract safe-harbor capital simultaneously.

Central bank reserves: Central banks purchased 863 tonnes of gold in 2025, following a record 1,037 tonnes in 2023 — both historically elevated volumes reflecting a structural shift away from dollar-denominated reserves. Poland, China, Turkey, and India were among the largest buyers. The World Gold Council projects approximately 850 tonnes in 2026 purchases. This structural demand creates a price floor that private market selling cannot easily breach, because central banks buy on weakness rather than chasing momentum — a dynamic explored in detail in TECHi’s analysis of de-dollarization and the shift away from dollar reserves.

Supply constraints: Global gold mining output has been essentially flat for a decade, running at roughly 3,500 tonnes per year. Unlike copper or oil, gold cannot quickly ramp production in response to price signals — new mines take 10–20 years to develop from discovery to production. This supply inelasticity means demand shocks translate more directly into price increases than they would for commodities with flexible supply curves.

Gold vs Other Assets in 2026

Asset Current Price YTD Return Peak-to-Current Risk Profile
Gold (XAU/USD) $4,524/oz +15% -19% from $5,589 Safe haven
Silver (XAG/USD) $67.97/oz +12% -37% from $97 (Mar peak) Hybrid (haven + industrial)
S&P 500 ~5,100 -8% -12% from Jan high Risk-on
Bitcoin (BTC) ~$66,000 +15% -50% from ATH (Feb crash) Risk-on / speculative
Oil (Brent) $112.57/bbl +51% At 2022 highs Commodity / geopolitical

Data as of March 27, 2026. YTD returns calculated from January 1, 2026 opening prices.

Gold’s performance in 2026 needs context against the broader asset class backdrop. At its January 28 peak of $5,589, gold had gained roughly 75% against early 2025 prices — a remarkable return for a traditional safe-haven asset normally measured in single-digit percentages annually. Even at the current ~$4,524 level — representing about 15% year-to-date gains — gold has vastly outperformed most major asset classes.

The S&P 500 is down approximately 8% for the year, battered by Iran war uncertainty, oil prices above $100, and the Fed holding rates at 3.5%–3.75% rather than cutting as markets had expected. Equities that initially bounced on AI-driven earnings momentum have surrendered those gains as geopolitical risk premiums compressed valuations.

Bitcoin has gained roughly 15% year-to-date, benefiting from institutional ETF inflows and halving cycle dynamics. However, Bitcoin has underperformed gold significantly during the peak Iran war anxiety periods — in February’s “crypto bloodbath,” Bitcoin fell over 50% from its all-time high even as gold held above $5,000. The divergence reveals that Bitcoin, despite its “digital gold” narrative, trades more like a risk asset than a safe haven during genuine crisis periods. When ceasefire hopes emerge, Bitcoin tends to outperform gold in the short term as risk appetite returns.

Silver at approximately $67.73 per ounce has been on a wild ride of its own — surging above $100 in January, crashing from a March 2 peak of $97.30 to a March 23 low of $61.21 (a 37% decline in three weeks), and now rebounding. Silver’s dual identity — safe-haven metal and industrial commodity — creates amplified moves in both directions. The gold-to-silver ratio currently sits near 65, well below the 80+ levels that prevailed in early 2025, reflecting silver’s outsized gains during the bull run. However, silver’s extreme March drawdown demonstrated that it trades with far more volatility than gold during crisis periods.

What to Watch Next

The single biggest near-term catalyst for gold is the Iran ceasefire outcome. Markets have oscillated between pricing in resolution (selling gold) and escalation (buying gold) on almost daily news cycle shifts. A confirmed ceasefire agreement would likely trigger a sharp selloff toward $4,000–$4,200 as the geopolitical risk premium evaporates. A breakdown in talks — or military re-escalation — would send gold back toward $5,000 and potentially test January’s all-time high.

The Federal Reserve’s April 28-29 FOMC meeting is the second key event. The March dot plot still projects one rate cut in 2026, but Goldman Sachs has pushed its first cut call to September (from June) citing oil-driven inflation. Markets are pricing roughly a 50% chance of a rate hike by December if energy costs persist. Any language suggesting the Fed is reopening the door to cuts would weaken the dollar and boost gold. Conversely, hawkish commentary emphasizing that oil-driven inflation prevents near-term easing would strengthen the dollar and pressure gold further.

Friday, March 27 brings the U.S. PCE price index — the Fed’s preferred inflation gauge. A hot reading above expectations could strengthen the dollar on expectations of prolonged high rates, weighing on gold. A soft reading would have the opposite effect, potentially triggering a rally toward $4,700.

Looking further ahead, India’s wedding season — peaking in Q2 — typically generates significant physical gold demand that provides seasonal price support. India is the world’s second-largest gold consumer, and wedding-season buying historically adds 200–300 tonnes of demand in a quarter, a non-trivial volume against global annual mine supply of 3,500 tonnes.

Wall Street’s major banks remain structurally bullish despite the correction. Goldman Sachs targets $5,800/oz, citing central bank buying and de-dollarization as structural demand drivers that transcend the Iran conflict cycle. JP Morgan projects a Q4 2026 average of $5,055 with a bull case of $5,500. UBS has flagged potential for $6,000+ if the de-dollarization trend accelerates. The consensus view: the 19% pullback from January’s all-time high is a correction within a structural bull market, not the beginning of a bear market.

Wall Street Price Targets

Goldman Sachs
$5,800

JP Morgan
$5,500

UBS
$6,000+

All three major banks maintain structurally bullish targets, citing de-dollarization and central bank diversification as demand drivers that transcend the Iran conflict cycle.

This is a developing story. TECHi updates gold prices regularly throughout the trading day. Last updated: March 27, 2026.

Prices as of Friday, March 27, 2026. Gold trades 23 hours/day — prices may have moved. Markets reopen Monday, March 30.

What is the gold price today?

Gold trades at approximately $4,524 per ounce as of March 27, 2026, down about 19% from its January 28 all-time high of $5,589. Despite the pullback, Wall Street remains structurally bullish: Goldman Sachs targets $5,800, JP Morgan sees $5,500, and UBS flags potential for $6,000+. Central bank buying and de-dollarization provide a structural floor.

What is the gold price today in Pakistan?

24-karat gold is Rs 497,000 per tola and 22-karat is Rs 455,580 per tola as of March 27, 2026. Silver trades at Rs 7,454 per tola. International silver is approximately $67.97 per ounce. These rates are set by the All Pakistan Sarafa Jewellers Association and reflect both international XAU/USD prices and the PKR/USD exchange rate.

Is gold a good investment in 2026?

Gold has risen roughly 75% since early 2025, driven by the Iran conflict and sustained central bank buying (863 tonnes in 2025 per the World Gold Council). Analysts at Goldman Sachs and JP Morgan maintain bullish targets above $5,000, citing structural de-dollarization demand and geopolitical uncertainty. However, the 19% pullback from the January $5,589 all-time high suggests caution at current levels — investors entering now are buying into a meaningful correction, not the start of the bull run. Dollar-cost averaging may be prudent given the extreme volatility (3%+ daily swings are now routine).



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29 03, 2026

Today’s Platinum Price in Dharmapuri – Live Platinum Rate per Gram & Kg

By |2026-03-29T07:49:56+02:00March 29, 2026|Forex News, News|0 Comments


Price movements in platinum are often sharper than gold or silver due to its limited availability and reliance on a few global mining regions. Automotive regulations, global production levels, and technology usage influence the platinum price today. As platinum becomes more relevant in clean energy applications, its daily rate has gained importance for both buyers and investors.



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29 03, 2026

XAG/USD rises to near $70; 100-SMA breakdown underpins downside

By |2026-03-29T03:47:06+02:00March 29, 2026|Forex News, News|0 Comments


Silver (XAG/USD) is up over 2.5% to near $70.00 during the early European trading session on Friday. The white metal gains sharply, but is still inside Thursday’s trading range, indicating that the broader trend is sideways.

The white metal is expected to trade with caution amid growing doubts over hopes of de-escalation in the Middle East war. Comments from peace talks mediators that Tehran had not requested a pause on Washington’s planned military attacks on Iran’s energy plants, as reported by the Wall Street Journal (WSJ), have voiced concerns over the credibility of United States (US) President Donald Trump’s claims that he ordered the postponement of attacks as per Iran’s request.

Late Thursday, US President Trump announced through a post on Truth.Social that, as per the Iranian request, he has paused his plans of obliterating Iranian energy plants by 10 days to Monday, April 6, 2026, at 8 P.M. Eastern Time.

Signs of fading de-escalation in Middle East conflicts are expected to remain as a key drag on the Silver price, assuming that the longer the conflicts last, the stronger the odds that oil prices could rise further.

Higher oil prices have already raised consumer inflation expectations, a scenario that restricts global central banks from easing monetary conditions, which in turn diminishes demand for non-yielding assets, such as Silver.

XAG/USD daily chart

Silver price struggles to gain any meaningful traction on Friday and oscillates in a narrow trading band just above the $68.00 mark. Meanwhile, the technical setup suggests the path of least resistance for the white metal remains to the downside and backs the case for an extension of the recent downfall witnessed over the past four weeks or so, from the monthly swing high.

The recent breakdown below the 100-day Simple Moving Average (SMA) – for the first time since April 2025 – was seen as a key trigger for the XAG/USD bears. The Moving Average Convergence Divergence (MACD) indicator remains below the zero line with its latest values negative, reinforcing downside momentum despite some recent flattening. The Relative Strength Index (RSI) hovers in the mid-30s, indicating weak momentum rather than outright oversold conditions and leaving room for further downside if sellers press the move.

Hence, any meaningful recovery attempt is likely to confront immediate resistance near the 100-day SMA, around $74.70. A daily close above this area would ease bearish pressure and open the way toward the $80.00 region as the next upside hurdle. On the downside, initial support is located at the recent low near $67.80, where a break would expose the mid-$60.00 zone as the next demand area in line with the broader moving-average-supported trend.

A sustained defense of $67.80 would keep the current pullback contained, while repeated failures below the 100-day SMA would maintain the focus on lower supports.

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



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28 03, 2026

Domestic market adjusts, efforts to accumulate new price bases

By |2026-03-28T23:46:31+02:00March 28, 2026|Forex News, News|0 Comments


Domestic coffee prices

The domestic coffee market on March 28 had a slight adjustment. Purchasing agents in the Central Highlands region have lowered prices by 500 – 700 VND/kg, causing the price level to slightly retreat from the 96,000 VND/kg mark just established earlier. This adjustment is considered a late reaction after the weekend declines of the world exchange.

Specific fluctuations in localities:

Dak Lak, Gia Lai and Dak Nong (old): Simultaneously reduced by 500 VND, currently purchasing at 95,500 VND/kg.

Lam Dong: Recorded a decrease of 700 VND, currently the transaction price here reaches 94,800 VND/kg.

World coffee prices

In this morning’s session, international exchanges have not yet had new updates due to being on holiday, listed prices are still anchored at the closing level of last Friday’s session.

London Stock Exchange (Robusta): May 2026 delivery is currently at 3,624 USD/ton. Robusta is under pressure from Rabobank’s forecast report that world output in the 2026/27 crop year will reach a record 180 million sacks, an increase of about 8 million sacks compared to the previous crop year. In addition, Vietnam’s exports in January increased sharply by 38.3% compared to the same period, continuing to put pressure on the recovery momentum.

New York Stock Exchange (Arabica): Closing the weekend session at 280.75 cents/lb. Pressure on the Arabica exchange comes from inventory on the ICE exchange continuing to recover to a 4-month high of 466,055 bags. In addition, the weather situation in Brazil is still very positive as rainfall in the Minas Gerais region reached 138% of the historical average, promising a bumper crop.

Market opinion

The coffee market is entering a sensitive phase as forecasts for Brazil’s upcoming record crop year (66.2 million bags for 2026) are still the main factor dominating investor sentiment. However, Colombia’s 34% production decline in January and a decrease in export reports from Brazil are also contributing to curbing the deep decline.

It is predicted that in the coming sessions, domestic coffee prices will continue to struggle to establish a new bottom around the threshold of 94,500 – 96,000 VND/kg. Due to the abundant prospects of long-term supply, speculative funds tend to liquidate buy positions to take profits, making it difficult for prices to rebound sharply immediately. Farmers should closely monitor developments from major consumer countries and the actual export situation to have appropriate sales plans in March.

Note: The actual coffee price may vary depending on each purchasing area and grain quality.





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