Adobe price surrounded with positive pressures – Forecast today
Adobe Inc. (ADBE) advanced in recent intraday trading, with the stock remaining within a short-term bullish corrective wave after previously breaking above a short-term descending trendline. Positive momentum continues to be supported by the stock’s trading above its 50-day Simple Moving Average (SMA), which is acting as dynamic support and strengthening the prospects for extending the recent gains in the near term. Meanwhile, momentum indicators continue to generate bullish signals after the stock successfully worked off part of its overbought conditions, providing additional room for further upside.
Therefore, our outlook remains bullish for the stock’s upcoming trading sessions, as long as support at $245.00 remains intact. Under this scenario, the stock is expected to target the key resistance level at $285.00.
Today’s price forecast: Bullish.
Pound Sterling Forecast: US-Iran Peace Hopes Leave GBP/USD Rangebound
– Written by
Frank Davies
STORY LINK Pound Sterling Forecast: US-Iran Peace Hopes Leave GBP/USD Rangebound
The Pound US Dollar (GBP/USD) exchange rate struggled to establish a clear trend on Monday, as uncertainty surrounding developments in the Middle East kept the currency pair unsettled.
At the time of writing, GBP/USD was trading at $1.3498, with the pair fluctuating since the start of the week.
The US Dollar (USD) struggled for direction at the start of the week as uncertainty surrounding US-Iran peace negotiations kept markets on edge.
President Donald Trump said the US was ‘semi-negotiating’ with Iran, while Tehran has reportedly sought compensation from Washington for damage caused by the war. Iran is also in talks with Oman over a partial reopening of the Strait of Hormuz, although it has outlined six conditions that Washington must meet before an agreement can be reached.
Elsewhere, Yemen’s Houthi militia targeted a Saudi oil refinery, while a missile struck a UAE oil tanker in the Strait.
With tensions continuing to cloud the outlook, the safe-haven US Dollar moved unevenly as market sentiment shifted.
The Pound (GBP) likewise lacked a clear direction, with a quiet UK economic calendar leaving Sterling to take its cues from developments in the Middle East.
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.
Although markets retained a cautious risk-on bias as hopes lingered for a peace agreement between the US and Iran, the more risk-sensitive Pound found little support from the improved sentiment.
Near-Term GBP/USD Forecast: Risk Appetite Could Set the Tone
Looking ahead, the Pound to US Dollar exchange rate could remain sensitive to shifts in global risk appetite on Tuesday, with neither the UK nor US economic calendars offering much in the way of market-moving data.
Attention is therefore likely to remain fixed on developments in the Middle East. Evidence of progress towards a US-Iran agreement could lift risk appetite and reduce demand for the safe-haven US Dollar.
However, a fresh escalation in tensions could have the opposite effect, encouraging risk aversion and putting pressure on GBP/USD.
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
US Dollar To Yen Forecast: Goldman Targets 165 Despite Historic Intervention
USD/JPY Outlook: Intervention Caps 164 but Fundamentals Still Favour Dollar
The US Dollar to Yen exchange rate (USD/JPY) bounced back towards 159 on Monday, recovering from Friday’s 157.80 close but still sitting well below the late-July peak near 164.
Goldman Sachs thinks that lower level may prove temporary.
The bank estimates Japan’s latest intervention was “likely up to $85bn in 2 days; the largest 2-day operation since 2011”, with the US also taking part.
That was a powerful signal. It was not, in Goldman’s view, a substitute for policy.
“If pricing holds and the Board leaves rates unchanged, downward pressure on JGBs and JPY would reemerge,” the bank said, reflecting what it calls the “unstable equilibrium” of intervention without a subsequent policy change.


USD/JPY remains well below July’s highs near 164, although the pair has begun to recover from the intervention-driven fall.
Goldman’s economists see “the odds of substantially faster or earlier BoJ rate hikes” as low, especially if a stronger Yen reduces the urgency for policymakers to act.
That helps explain why the bank has not materially changed its longer-run forecast profile.
Goldman sees USD/JPY at 162 in three months, 163 in six months and 165 in twelve months.
In other words, the intervention can change the path without necessarily changing the destination.
Near-Term USD/JPY Outlook: Fundamentals Still Point Higher
Goldman argues that the relatively muted follow-through after intervention reflects “the fundamental reasons for the currency’s weakness”.
“We expect depreciation pressures to reemerge over time absent a shift in global conditions or a policy surprise,” the bank said.
There is one important qualification.
“If the BoJ does hike in September, and there begin to be signs of reallocation towards domestic assets by domestic investors, the Yen can see stronger levels for longer.”
The broader bank consensus is less aggressive than Goldman’s twelve-month call. Median forecasts drift lower through 2027, while the range of estimates remains unusually wide.

Bank forecasts remain highly dispersed, with the median path below current levels through much of 2027.
Goldman analysts sit on the more Dollar-bullish side of the debate.
Its central message is simple: the joint US-Japan operation can stop a disorderly run through 164, but unless rates, capital flows or the global backdrop change, intervention alone is unlikely to deliver a lasting Yen recovery.
Our currency coverage draws on live market data, official economic releases and published bank research.
Coffee prices today, August 10th: Rise, Arabica increases by more than 4%
Domestic coffee prices today
Coffee prices today in the domestic market increased slightly compared to the previous session. According to giacaphe. com, the average coffee price on August 10 was 97,100 VND/kg, an increase of 200 VND/kg.
In Dak Lak, coffee prices were recorded at 97,000 VND/kg, an increase of 200 VND/kg compared to the previous session.
In Lam Dong, coffee prices reached 96,600 VND/kg, an increase of 300 VND/kg. This is the lowest level among the surveyed areas.
In Gia Lai, coffee prices are at 97,000 VND/kg, an increase of 200 VND/kg.
The old Dak Nong area recorded a level of 97,300 VND/kg, an increase of 300 VND/kg. This is the highest level in today’s price list.
After sessions of hovering around the 97,000 VND/kg zone, the market has had a slight increase, but has not yet returned to the area close to 99,000 VND/kg previously recorded.
The USD/VND exchange rate according to Vietcombank was recorded at 25,910 VND/USD, down 90 VND.
World coffee prices
In the world market, coffee prices in the most recent session diễn biến trái chiều (developed in opposite directions).
According to Barchart, the September 2026 Arabica futures contract closed the weekend session up 13.90 US cents/lb, equivalent to 4.32%, to 335.55 US cents/lb. This is a strong increase, bringing Arabica to its highest level in about 1 week.
Conversely, the September 2026 Robusta futures contract decreased by 11 USD/ton, equivalent to 0.29%. According to comparison data, Robusta is still around the 3,798 USD/ton range, showing that the increase in the world market is mainly concentrated in Arabica, not spreading strongly to Robusta.
Coffee price assessment
Domestic coffee prices increased slightly in the context of a differentiated world market. Arabica rebounded sharply, but Robusta decreased slightly, making the support force for domestic purchasing prices not really clear.
According to Barchart, Arabica is supported by a weakening USD and Arabica stocks certified on ICE fall to a 2.5-year low. Meanwhile, Robusta is under pressure as Robusta stocks on ICE increase to a 4.5-month high.
Barchart also reflects that the harvest progress of Brazilian coffee is still slower than the same period. As of July 31, Cooxupe cooperative members harvested 67.3% of the expected output, lower than 74.2% in the same period last year. This factor continues to support Arabica prices.
Regarding domestic weather, the National Center for Hydro-Meteorological Forecasting said that on the day and night of August 10, the Central Highlands area is cloudy, with showers and scattered thunderstorms, locally heavy rain; rain concentrated in the afternoon and night. Lowest temperature 21-24 degrees C, highest 27-30 degrees C, in some places above 30 degrees C.
This season’s thunderstorms need to be monitored in terms of garden care, pest and disease prevention, and goods preservation.
EUR/USD, GBP/USD, and USD/CAD – Short-Term Forecast for 10/8/2026
The U.S. dollar is rising a bit against the Canadian dollar after forming a bit of a double bottom. This is a market that has been rounding from a huge move to the upside. We are currently at the 38.2% Fibonacci retracement level, followed by the 50% retracement level, trying to find some type of floor. Ultimately, this is a market that is an interest rate differential play as well. There are some traders out there that are off to the races when it comes to the idea of the U.S. employment situation dropping, but one errant report really doesn’t make a trend.
Furthermore, unfortunately, the Canadian jobs numbers, although really hot this month, are notorious for being horribly wrong and corrected the next time. So, we can’t read too much into one report, and I think we’re starting to see people question that. The interest rate differential pays traders to hold the U.S. dollar versus the Canadian dollar. I think eventually that comes back into play, especially with a 55% chance of the Federal Reserve raising rates in September.
Gold Price Forecast: XAU/USD remains bullish, pushing against $4,380 resistance
Gold (XAU/USD) holds moderate gains at the mid-range of the $4,300s on Monday, consolidating gains after a nearly 7.5% rally last week. The precious metal hovers just below the last two-month highs in the $4,380 area, buoyed by lower US Treasury yields, as traders cut back Federal Reserve (Fed) interest rate hikes following the negative surprise of last Friday’s Nonfarm Payrolls report.
The US Dollar remains on its back foot this week, in the aftermath of Friday’s US Nonfarm Payrolls release, which showed a 23K decline in net employment in July, undershooting expectations of an 80K increase, and sharp downside revisions of the previous two months’ job gains. Futures markets have scaled back hopes of a September rate hike to 44% from 67% in the previous week, sending the US Dollar lower across the board.
Technical Analysis: Gold remains steady despite overbought RSI levels
XAU/USD trades at $4,343, maintaining its bullish near-term bias intact. The 4-hour Relative Strength Index (14) has reached overbought levels, but downside attempts remain limited so far. The Moving Average Convergence Divergence (MACD) on the same timeframe hints that upside momentum is still constructive.
Bulls are likely to find significant resistance at the $4,380 area (June 17 high). Further up, the target is the late-May high at $4,595. On the downside, initial support is seen at the previous range top, above $4,200, ahead of the $4,000 psychological area, which halted bears in late July, and the bottom of July’s trading range, around $3,950.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
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.
The GBPJPY begins to rise– Forecast today – 10-8-2026
The GBPJPY pair succeeded in surpassing the negative pressures by providing several positive closes above the key support near 210.65, activating with stochastic positivity and forming positive rally, to settle near 213.60.
The stability of the trading above 212.50 level is important to reinforce the dominance of the bullish trend, to expect targeting 214.10 level, as providing bullish momentum makes the trading extend towards the next target near 214.85.
The expected trading range for today is between 212.65 and 214.10
Trend forecast: Bullish
The CHFJPY settles above the support level– Forecast today – 10-8-2026
The CHFJPY succeeded in surpassing the negative pressures by providing several positive closes above 192.40 support, activating with stochastic positivity and recording several gains by its rally towards 195.65.
Forming extra support at 194.60 level and providing positive momentum makes us expect to form bullish waves, to attempt to reach 196.40, attacking the barrier near 197.65, which represents a confirmation key for the upcoming trading.
The expected trading range for today is between 195.00 and 196.40
Trend forecast: Bullish


