Forex https://www.benzinga.com/views/taxonomy/term/3 en Bitcoin, Ethereum & Litecoin - American Wrap 6/4 https://www.benzinga.com/markets/cryptocurrency/20/06/16184383/bitcoin-ethereum-litecoin-american-wrap-64 <h2 class="fxs_headline_medium"><a href="https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-analysis-btc-usd-approaching-10-000-again-confluence-detector-202006041759">Bitcoin Price Analysis: BTC/USD approaching $10,000 again - Confluence Detector</a></h2> <p>With Bitcoin getting close to the critical $10,000 resistance level, it&rsquo;s important to look for areas and points of resistance around this level. BTC/USD is trading at $9,800 at the time of writing.</p> <p>The Technical Confluence Indicator is not showing a lot of resistance points towards $10,000. The major resistance area is close at $9,821 where the Pivot Point 1 Week R1 is currently standing.</p> <p><a href="https://editorial.fxstreet.com/miscelaneous/242c595050e6e5e4b5d67ae06ebcca35-637268902938474316-637268962242398578.png"><img alt="" src="https://editorial.fxstreet.com/miscelaneous/242c595050e6e5e4b5d67ae06ebcca35-637268902938474316-637268962242398578.png" style="left:-93.5px; max-width:747px; position:relative" ...</a></p><p><a href=https://www.benzinga.com/markets/cryptocurrency/20/06/16184383/bitcoin-ethereum-litecoin-american-wrap-64 alt=Bitcoin, Ethereum &amp; Litecoin - American Wrap 6/4>Full story available on Benzinga.com</a></p> BTC Cryptocurrency ETH FXStreet LTC News Forex Markets News Cryptocurrency Forex Markets Benzinga Thu, 04 Jun 2020 20:17:16 +0000 FXStreet 16184383 at https://www.benzinga.com AUD/USD Forecast: With A Limited Bearish Scope Despite Some Signs Of Bullish Exhaustion https://www.benzinga.com/news/20/06/16184277/audusd-forecast-with-a-limited-bearish-scope-despite-some-signs-of-bullish-exhaustion <h2 class="fxs_headline_medium">AUD/USD Current Price: 0.6937</h2> <ul> <li><strong>Australian data keeps beating the market&rsquo;s expectations and backing the Aussie.</strong></li> <li><strong>The poor performance of global indexes put a cap to the AUD/USD pair&rsquo;s advance.</strong></li> <li><strong>AUD/USD with a limited bearish scope despite some signs of bullish exhaustion.</strong></li> </ul> <p><a href="https://www.fxstreet.com/rates-charts/chart-interactive?asset=audusd&amp;config=https://editorial.blob.core.windows.net:443/chartconfigs/valeria/audusd4hval.json" target="_blank"><img alt="" src="https://editorial.fxstreet.com/miscelaneous/AUD_USD-637268972511095526.png" style="left:-93.5px; max-width:747px; position:relative" /></a></p> <p>The AUD/USD pair has surpassed its previous monthly high for a couple of pips closing in the green yet spending most of this Thursday within familiar levels. The intraday peak at 0.6987 was achieved within the ECB ...</p><p><a href=https://www.benzinga.com/news/20/06/16184277/audusd-forecast-with-a-limited-bearish-scope-despite-some-signs-of-bullish-exhaustion alt=AUD/USD Forecast: With A Limited Bearish Scope Despite Some Signs Of Bullish Exhaustion>Full story available on Benzinga.com</a></p> AUD/USD FXStreet News Forex Markets News Forex Markets Benzinga Thu, 04 Jun 2020 20:11:48 +0000 Valeria Bednarik - Chief Analyst at FXStreet 16184277 at https://www.benzinga.com EUR/USD Forecast: Bullish Despite Overbought, Profit-Taking Possible Ahead Of The Weekend https://www.benzinga.com/news/20/06/16184235/eurusd-forecast-bullish-despite-overbought-profit-taking-possible-ahead-of-the-weekend <h2 class="fxs_headline_medium">EUR/USD Current Price: 1.1336</h2> <ul> <li><strong>The ECB expanded its coronavirus-related stimulus program by &euro;600 billion.</strong></li> <li><strong>US employment data suggest the Nonfarm Payroll report will post another outrageous month.</strong></li> <li><strong>EUR/USD bullish despite overbought, profit-taking possible ahead of the weekend.</strong></li> </ul> <p><a href="https://www.fxstreet.com/rates-charts/chart-interactive?asset=eurusd&amp;config=https://editorial.blob.core.windows.net:443/chartconfigs/valeria/eurusd4hval.json" target="_blank"><img alt="" src="https://editorial.fxstreet.com/miscelaneous/EUR_USD-637268968715364952.png" style="left:-93.5px; max-width:747px; position:relative" /></a></p> <p>The EUR/USD has extended its latest advance to a fresh multi-week high of 1.1362, ending the day with substantial gains above the 1.1300 threshold. The <a href="https://www.fxstreet.com/macroeconomics/central-banks/ecb">European Central Bank</a> had a monetary policy meeting, living rates unchanged as widely expected, but also expanding its PEPP program by &euro;600 billion and extended its stimulus scheme until June 2021, somehow anticipating that the recovery will take longer. The central bank also downgraded its growth and inflation forecast for this ...</p><p><a href=https://www.benzinga.com/news/20/06/16184235/eurusd-forecast-bullish-despite-overbought-profit-taking-possible-ahead-of-the-weekend alt=EUR/USD Forecast: Bullish Despite Overbought, Profit-Taking Possible Ahead Of The Weekend>Full story available on Benzinga.com</a></p> EUR/USD FXStreet News Eurozone Forex Markets News Eurozone Forex Markets Benzinga Thu, 04 Jun 2020 20:09:32 +0000 Valeria Bednarik - Chief Analyst at FXStreet 16184235 at https://www.benzinga.com Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – American Wrap: 6/2/2020 https://www.benzinga.com/markets/cryptocurrency/20/06/16165028/cryptocurrencies-price-prediction-bitcoin-ethereum-ripple-american-wrap-622020 <p><strong>Bitcoin Price Analysis: After The Price Crash Where Could BTC/USD Find Support</strong></p> <p>Bitcoin has taken a tumble on Tuesday just as the 10K level looked to have been a thing of the past. This looks like a bank of orders has been triggered or some potential profit-taking has taken place.</p> <p>Either way, this leads to traders looking for levels where the market might stop. First and foremost the price is now struggling at the 4-hour 200 period Simple Moving Average (SMA). ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/20/06/16165028/cryptocurrencies-price-prediction-bitcoin-ethereum-ripple-american-wrap-622020 alt=Cryptocurrencies Price Prediction: Bitcoin, Ethereum &amp; Ripple – American Wrap: 6/2/2020>Full story available on Benzinga.com</a></p> Bitcoin Cryptocurrency Ethereum FXStreet ripple Forex Markets Tue, 02 Jun 2020 21:14:32 +0000 FXStreet News 16165028 at https://www.benzinga.com AUD/USD Forecast: Overbought In The Short Term, But Still Bullish https://www.benzinga.com/markets/forex/20/06/16164959/audusd-forecast-overbought-in-the-short-term-but-still-bullish <ul> <li>The Reserve Bank of Australia kept its monetary policy unchanged, as expected.</li> <li>Australia to release Q1 Gross Domestic Product, expected to have fallen by 0.3%.</li> <li>AUD/USD retains its bullish potential in its daily chart, despite extremely overbought short-term.</li> </ul> <p><strong id="docs-internal-guid-ed91ae36-7fff-97de-7eeb-04db81c8a9d3"><a href="https://www.fxstreet.com/rates-charts/chart-interactive?asset=audusd&amp;config=https://editorial.blob.core.windows.net:443/chartconfigs/valeria/audusd4hval.json"><img src="https://lh3.googleusercontent.com/jNLpaJ3ORiHziMO8qb7bOTuLlDJ-feKoGJGzX-f52Y1MhkFOfPxkqfqhXxErDrXKwoT_L6Tum392AxgeJB_tQBmgn4UBC8mtxCmXrajSBOeDUe95p1tdpmrcKxjmvuCjM5xR8pop" style="height:351px; width:624px" /></a></strong></p> <p>The AUD/USD pair has posted a substantial advance for a second consecutive day, reaching 0.6894 and finishing the day not far below this last. The RBA had a monetary policy meeting at the beginning of the day, and, as expected, policymakers kept rates on hold at a record low of 0.25%. They also reiterated that they ...</p><p><a href=https://www.benzinga.com/markets/forex/20/06/16164959/audusd-forecast-overbought-in-the-short-term-but-still-bullish alt=AUD/USD Forecast: Overbought In The Short Term, But Still Bullish>Full story available on Benzinga.com</a></p> AUD/USD Reserve Bank of Australia Forex Markets Tue, 02 Jun 2020 21:08:03 +0000 Valeria Bednarik - Chief Analyst at FXStreet 16164959 at https://www.benzinga.com EUR/USD Forecast: Bulls Want More https://www.benzinga.com/markets/forex/20/06/16164862/eurusd-forecast-bulls-want-more <ul> <li>European reopenings underpin the shared currency while civil unrest weighs on the greenback.</li> <li>The US ISM Non-Manufacturing PMI is foreseen at 44 in May from 41.8 in April.</li> <li>EUR/USD bullish despite some divergences surging in intraday charts.</li> </ul> <p><strong id="docs-internal-guid-4cee340c-7fff-b99f-3abc-06df6184caef"><a href="https://www.fxstreet.com/rates-charts/chart-interactive?asset=eurusd&amp;config=https://editorial.blob.core.windows.net:443/chartconfigs/valeria/eurusd4hval.json"><img src="https://lh5.googleusercontent.com/Mp9fqOCJQ0ypH21Qj01aH-jt5MVdn5xVgLi7K2jFu4Ushxby0unptdb0SPtaQnIkgSld7sOquYXbxGsE1fCm9biWf_Rmh-7jQmHWeSVUYtg2HVWYFkxRb1TflhoiCF9NO-sudBrU" style="height:351px; width:624px" /></a></strong></p> <p>Economic reopenings in Europe and civil unrest in the US-dominated the headlines and the FX board. The greenback remained under strong selling pressure against its high-yielding rivals but managed to appreciate against those considered safe havens. The EUR/USD pair reached 1.1196, its highest since mid-March, as the number of new coronavirus cases in the Union has been decreasing drastically despite economies have slowly easing restrictive measures. In the US, on the ...</p><p><a href=https://www.benzinga.com/markets/forex/20/06/16164862/eurusd-forecast-bulls-want-more alt=EUR/USD Forecast: Bulls Want More>Full story available on Benzinga.com</a></p> EURUSD FX FXStreet ISM Forex Markets Tue, 02 Jun 2020 21:00:39 +0000 Valeria Bednarik - Chief Analyst at FXStreet 16164862 at https://www.benzinga.com Brexit Update: Coronavirus Creates Further Uncertainty Over UK Trade Agreement https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16161980/brexit-update-coronavirus-creates-further-uncertainty-over-uk-trade-agreement <p>The United Kingdom&nbsp;is meeting for the&nbsp;fourth round of Brexit negotiations between London and Brussels&nbsp;Tuesday, as a comprehensive trade deal to replace the transition phase by the end of this year kicks off.</p> <p>The U.K. officially left the European Union&nbsp;on Jan.&nbsp;31 and&nbsp;is in a Brexit transition period that aims to give both sides some breathing space while a new free trade agreement is negotiated between the U.K. and the EU.</p> <p>The coronavirus pandemic has overshadowed the urgency of Brexit. Both sides have been negotiating using videoconferencing, with the next round of virtual talks beginning on Tuesday.</p> <h3>FX Analyst Predicts Limited Agreement In 2020</h3> <p>Richard Falkenh&auml;ll, senior FX strategist at SEB, says ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16161980/brexit-update-coronavirus-creates-further-uncertainty-over-uk-trade-agreement alt=Brexit Update: Coronavirus Creates Further Uncertainty Over UK Trade Agreement>Full story available on Benzinga.com</a></p> Analyst Color Brexit Coronavirus Covid-19 EWU Foreign Policy News Richard Falkenhäll SEB VGK Eurozone Politics Forex Markets Analyst Ratings General EWU US4642866994 VGK US9220428745 News Analyst Color Eurozone Politics Forex Markets Analyst Ratings General Benzinga Tue, 02 Jun 2020 19:41:14 +0000 Tanzeel Akhtar 16161980 at https://www.benzinga.com AUD/USD Forecast: Trades At Multi-Month Highs With No Signs Of Upward Exhaustion https://www.benzinga.com/markets/forex/20/06/16155757/audusd-forecast-trades-at-multi-month-highs-with-no-signs-of-upward-exhaustion <ul> <li><strong>Upbeat Chinese data underpinned the Aussie at the beginning of the day.</strong></li> <li><strong>The Reserve Bank of Australia is having a policy meeting this Tuesday, rates seen on hold at 0.25%.</strong></li> <li><strong>AUD/USD trades at multi-month highs with no signs of upward exhaustion.</strong></li> </ul> <p><a href="https://www.fxstreet.com/rates-charts/chart-interactive?asset=audusd&amp;config=https://editorial.blob.core.windows.net:443/chartconfigs/valeria/audusd4hval.json" target="_blank"><img alt="" src="https://editorial.fxstreet.com/miscelaneous/AUD_USD-637266374955373290.png" /></a></p> <p>The AUD/USD pair soared to 0.6802, a level that was last seen in January this year, on the back of the dollar&rsquo;s broad weakness and upbeat Chinese data. China reported during the weekend that its manufacturing and services output remained in expansion territory in May, ...</p><p><a href=https://www.benzinga.com/markets/forex/20/06/16155757/audusd-forecast-trades-at-multi-month-highs-with-no-signs-of-upward-exhaustion alt=AUD/USD Forecast: Trades At Multi-Month Highs With No Signs Of Upward Exhaustion>Full story available on Benzinga.com</a></p> Forex Markets Forex Markets Benzinga Mon, 01 Jun 2020 22:17:54 +0000 Valeria Bednarik - Chief Analyst at FXStreet 16155757 at https://www.benzinga.com EUR/USD Forecast: Could Run To 1.1240 On A Break Above 1.1150 Price Zone https://www.benzinga.com/markets/forex/20/06/16155733/eurusd-forecast-could-run-to-1-1240-on-a-break-above-1-1150-price-zone <ul> <li><strong>Markit Manufacturing PMIs confirmed profound economic damage from coronavirus pandemic.</strong></li> <li><strong>Tensions between the US and China kept escalating, equities advanced anyway.</strong></li> <li><strong>EUR/USD bullish, could run to 1.1240 on a break above 1.1150 price zone.</strong></li> </ul> <p><a href="https://www.fxstreet.com/rates-charts/chart-interactive?asset=eurusd&amp;config=https://editorial.blob.core.windows.net:443/chartconfigs/valeria/eurusd4hval.json" target="_blank"><img alt="" src="https://editorial.fxstreet.com/miscelaneous/EUR_USD-637266370961342955.png" /></a></p> <p>The greenback started the day with the wrong footing, edging lower against most major rivals. The EUR/USD pair peaked at 1.1153, and settled above 1.1120, with modest intraday gains. The dollar suffered ever since the day started amid protests spreading across the US and turning more violent over the weekend. The shared currency retreated after the final versions of Markit Manufacturing PMIs ...</p><p><a href=https://www.benzinga.com/markets/forex/20/06/16155733/eurusd-forecast-could-run-to-1-1240-on-a-break-above-1-1150-price-zone alt=EUR/USD Forecast: Could Run To 1.1240 On A Break Above 1.1150 Price Zone>Full story available on Benzinga.com</a></p> Forex Markets Forex Markets Benzinga Mon, 01 Jun 2020 22:13:02 +0000 Valeria Bednarik - Chief Analyst at FXStreet 16155733 at https://www.benzinga.com Entering And Exiting Trades: 'What I Look For Are Those Broken Structures' https://www.benzinga.com/general/education/20/05/16141448/entering-and-exiting-trades-what-i-look-for-are-those-broken-structures <p>In the world of stock trading, every stock can be a winner and every stock can be a loser. The key to huge profits is simply knowing when to buy and when to sell.</p> <p>At the <a href="https://www.benzinga.com/events/options-bootcamp/">Benzinga Trading Boot Camp</a> on May 29, Rolf Schlotmann of <strong>Quantum Trade Solutions</strong> discussed the importance of determining when to enter and exit trades.&nbsp;Schlotmann typically trades on the forex markets, but he said these general principles apply to the <strong>SPDR S&amp;P 500 ETF Trust </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>) and individual stocks as well.</p> <h3><strong>Breakouts Are Everything</strong></h3> <p>Schlotmann said the first idea traders need to know is that breakouts are everything when it comes to successful trading. The majority of the time, stocks trade in ranges, and he said ranges are where the majority of amateur traders lose their money.</p> <p>&ldquo;Breakout trading is much more than people realize,&rdquo; Schlotmann said. &ldquo;It really pays off to know first of all what is a high-probability breakout scenario, when don&rsquo;t you trade a range ...</p><p><a href=https://www.benzinga.com/general/education/20/05/16141448/entering-and-exiting-trades-what-i-look-for-are-those-broken-structures alt=Entering And Exiting Trades: &#039;What I Look For Are Those Broken Structures&#039;>Full story available on Benzinga.com</a></p> Benzinga Trading Boot Camp Quantum Trade Solutions Rolf Schlotmann SPY Education Options Forex Top Stories Markets Trading Ideas General SPY US78462F1030 Education Options Forex Top Stories Markets Trading Ideas General Benzinga Sun, 31 May 2020 12:10:05 +0000 Wayne Duggan 16141448 at https://www.benzinga.com What Makes the Mexican Peso Important? https://www.benzinga.com/government/20/05/16141755/what-makes-the-mexican-peso-important <p> <img alt="" class="attachment-full size-full wp-post-image" src="https://openmarkets.cmegroup.com/wp-content/uploads/Peso_1600x900.jpg" style="display:none; height:900px; width:1600px" /></p> <p>In the world of emerging market currencies, the Mexican peso is the most actively traded. According to the Bank of International Settlement&#39;s triennial Foreign exchange turnover survey released in April 2019, the peso is the 15<sup>th</sup> most actively traded currency.</p> <p>Ten years ago, it was among the top 10. This slide has more to do with the rise in popularity of other currencies than the falling importance of the Mexican Peso. With that said, political uncertainty has also changed the market&#39;s appetite for the peso and affected how much individual and institutional investors want to be exposed to the currency but in time, that will change.</p> <p>For Americans, the Mexican Peso is important to watch and trade for a number of reasons.&nbsp; First and foremost, Mexico is a major trading partner of the U.S., many Americans have businesses and ...</p><p><a href=https://www.benzinga.com/government/20/05/16141755/what-makes-the-mexican-peso-important alt=What Makes the Mexican Peso Important?>Full story available on Benzinga.com</a></p> CME Group Government Mexican peso News Oil Forex Econ #s Markets General Fri, 29 May 2020 19:16:04 +0000 CME Group 16141755 at https://www.benzinga.com Europe's Calm FX, Bond Markets Masking Anxiety? https://www.benzinga.com/news/20/05/16139955/europes-calm-fx-bond-markets-masking-anxiety <div class="article-par cmeArticle"> <div> <div class="cmeClearContent"> <div> <p>The Eurozone economy stalled in the fourth quarter of 2019 after seven years of recovery, dragged by a contraction in France and Italy, stagnation in Germany and the European Central Bank (ECB) holding firm to negative interest rates at -0.4% even as core inflation hovered just below 1% at the end of last year.</p> <p>And that was before COVID-19. The region&rsquo;s economy is now widely expected to shrink by 4% to 8% in 2020 and budgets that were close to being balanced overall in 2019 are widely expected to show deficits of 20% or more of GDP this year as spending surges and tax revenues dwindle. The ECB, meanwhile, has ventured deeper into negative-rate territory, cutting rates to -0.5%.</p> <p>Despite these challenges, European markets have reacted with relative aplomb.&nbsp; European equity markets have risen although somewhat below the performance of their US counterparts, while the euro (EUR) and the European bond market have been remarkably stable (Figures 1 and 2).&nbsp; Italian and Spanish bond spreads have widened but so far nothing akin to the 2009-2012 period has happened.</p> </div> </div> </div> </div> <div class="full-par parsys"> <div class="cmeLayoutFull cmeSectionRegion section"> <div class="cmeClearContent"> <div class="cmeContentColumnLayout cmeFullColumnLayout cmeRegion cmeClearContent"> <div class="full-par parsys"> <div class="cmeFlexColumn section"> <div> <div class="cmeFlexColumnWrapper cmeLayoutl8 "> <div class="cmeClearContent"> <div class="cmeCol cmeColWithGutter cmeColFirst"> <div class="parFullWithGutter parsys"> <div class="cmeTitle section"> <div class="cmeClearContent"> <h3 class="cmeTitleText"><a id="figure-1-with-the-us-and-europe-in-a-similar-position-eurusd-has-shown-little-reaction-to-covid-19" name="figure-1-with-the-us-and-europe-in-a-similar-position-eurusd-has-shown-little-reaction-to-covid-19"></a>Figure 1: With the US and Europe in a similar position, EURUSD has shown little reaction to COVID-19</h3> </div> </div> <div class="cmeImage parbase section"> <div class="cmeGroupImage cmeNoBorder"><a href="https://www.cmegroup.com/education/images/2020/europes-calm-fx-bond-markets-masking-anxiety-fig01.jpg" rel="lightbox imageLightbox" style="box-sizing:content-box; color:#006eb6; text-decoration:none; background:transparent; margin:0px; padding:0px; border:0px; outline:0px; font-size:14px; vertical-align:baseline; cursor:pointer" target="_blank"><img alt="Figure 1: With the US and Europe in a similar position, EURUSD has shown little reaction to COVID-19" class="cmeRolloverImage" src="https://www.cmegroup.com/education/images/2020/europes-calm-fx-bond-markets-masking-anxiety-fig01.jpg" style="background:transparent; border:0px; box-sizing:content-box; display:block; font-size:14px; height:500px; margin:0px; max-width:100%; outline:0px; padding:0px; vertical-align:middle; width:720px" title="Figure 1: With the US and Europe in a similar position, EURUSD has shown little reaction to COVID-19" /></a></div> </div> <div class="cmeTitle section"> <div class="cmeClearContent"> <h3 class="cmeTitleText"><a id="figure-2-compared-to-2009-12-european-bonds-have-been-cool-calm-and-collected" name="figure-2-compared-to-2009-12-european-bonds-have-been-cool-calm-and-collected"></a>Figure 2: Compared to 2009-12, European bonds have been cool, calm and collected</h3> </div> </div> <div class="cmeImage parbase section"> <div class="cmeGroupImage cmeNoBorder"><a href="https://www.cmegroup.com/education/images/2020/europes-calm-fx-bond-markets-masking-anxiety-fig02.jpg" rel="lightbox imageLightbox" style="box-sizing:content-box; color:#006eb6; text-decoration:none; background:transparent; margin:0px; padding:0px; border:0px; outline:0px; font-size:14px; vertical-align:baseline; cursor:pointer" target="_blank"><img alt="Figure 2: Compared to 2009-12, European bonds have been cool, calm and collected" class="cmeRolloverImage" src="https://www.cmegroup.com/education/images/2020/europes-calm-fx-bond-markets-masking-anxiety-fig02.jpg" style="background:transparent; border:0px; box-sizing:content-box; display:block; font-size:14px; height:500px; margin:0px; max-width:100%; outline:0px; padding:0px; vertical-align:middle; width:720px" title="Figure 2: Compared to 2009-12, European bonds have been cool, calm and collected" /></a></div> </div> </div> </div> </div> </div> </div> </div> <div class="cmeText parbase section"> <p>That Eurozone bonds have been ...</p></div></div></div></div></div></div><p><a href=https://www.benzinga.com/news/20/05/16139955/europes-calm-fx-bond-markets-masking-anxiety alt=Europe&#039;s Calm FX, Bond Markets Masking Anxiety?>Full story available on Benzinga.com</a></p> CME Group foreign exchange News Education Forex Markets General News Education Forex Markets General Benzinga Fri, 29 May 2020 16:25:05 +0000 CME Group 16139955 at https://www.benzinga.com Bitcoin, Litecoin & Cardano - American Wrap https://www.benzinga.com/markets/cryptocurrency/20/05/16133544/bitcoin-litecoin-cardano-american-wrap <h2 class="fxs_headline_medium"><a href="https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-forecast-btc-usd-ready-for-further-growth-after-a-move-above-9-300-confluence-detector-202005281533">Bitcoin Price Forecast: BTC/USD ready for further growth after a move above $9,300 &ndash; Confluence Detector</a></h2> <p>BTC/USD tested $9,500 during early US hours and settled at $9,450 by press time. The sustainable move above $9,300 improved the technical picture and opened up the way to the next&nbsp;resistance&nbsp;created by $9,500-$9,600 that separates the price from a straight move to $10,000. BTC/USD has gained over 2.5% in recent 24 hours, while its market share increased to ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/20/05/16133544/bitcoin-litecoin-cardano-american-wrap alt=Bitcoin, Litecoin &amp; Cardano - American Wrap>Full story available on Benzinga.com</a></p> Bitcoin cardano Cryptocurrency FXStreet Litecoin News Forex Markets News Cryptocurrency Forex Markets Benzinga Thu, 28 May 2020 21:41:53 +0000 FXStreet 16133544 at https://www.benzinga.com AUD/USD Forecast: In Holding Near A Fresh Multi-Week High But Further Gains At Doubt https://www.benzinga.com/news/20/05/16133444/audusd-forecast-in-holding-near-a-fresh-multi-week-high-but-further-gains-at-doubt <h2 class="fxs_headline_medium">AUD/USD Current Price: 0.6657</h2> <ul> <li><strong>RBA&rsquo;s Governor Lowe said that the economy might be in a better condition than originally feared.</strong></li> <li><strong>The Aussie&rsquo;s advance could be once again attributed to equities&rsquo; rally.</strong></li> <li><strong>AUD/USD is holding near a fresh multi-week high but further gains at doubt.</strong></li> </ul> <p><a href="https://www.fxstreet.com/rates-charts/chart-interactive?asset=audusd&amp;config=https://editorial.blob.core.windows.net:443/chartconfigs/valeria/audusd4hval.json" target="_blank"><img alt="" src="https://editorial.fxstreet.com/miscelaneous/AUD_USD-637262915796277346.png" style="left:-93.5px; max-width:747px; position:relative" /></a></p> <p>Having started the day with a soft tone, the AUD/USD pair is ending it with gains near the multi-week high set this Wednesday at 0.6679. RBA&rsquo;s Governor ...</p><p><a href=https://www.benzinga.com/news/20/05/16133444/audusd-forecast-in-holding-near-a-fresh-multi-week-high-but-further-gains-at-doubt alt=AUD/USD Forecast: In Holding Near A Fresh Multi-Week High But Further Gains At Doubt>Full story available on Benzinga.com</a></p> AUD/USD FXStreet News Forex Markets News Forex Markets Benzinga Thu, 28 May 2020 21:30:02 +0000 Valeria Bednarik - Chief Analyst at FXStreet 16133444 at https://www.benzinga.com EUR/USD Forecast: Technical Breakout Supports A Continued Advance Heading Into The Weekend https://www.benzinga.com/markets/eurozone/20/05/16133419/eurusd-forecast-technical-breakout-supports-a-continued-advance-heading-into-the-weekend <h2 class="fxs_headline_medium">EUR/USD Current Price: 1.1091</h2> <ul> <li><strong>Total US unemployment claims since mid-March surpassed 40 million.</strong></li> <li><strong>Hopes on economic recoveries an EU&rsquo;s aid fund kept the mood upbeat.</strong></li> <li><strong>EUR/USD technical breakout supports a continued advance heading into the weekend.</strong></li> </ul> <p><a href="https://www.fxstreet.com/rates-charts/chart-interactive?asset=eurusd&amp;config=https://editorial.blob.core.windows.net:443/chartconfigs/valeria/eurusd4hval.json" target="_blank"><img alt="" src="https://editorial.fxstreet.com/miscelaneous/EUR_USD-637262912240911637.png" style="left:-93.5px; max-width:747px; position:relative" /></a></p> <p>The EUR/USD pair surged to a fresh 2-month high of 1.1093 this Thursday, retaining its bullish stance as the US session comes to an end. Inventors welcome the European Commission proposed aid stimulus program, and took with a pitch of salt dismal data from both shores of the Atlantic, largely anticipated due to the lockdowns that took place in Europe and the US.</p> <p>Worth mention that the US economic contraction in ...</p><p><a href=https://www.benzinga.com/markets/eurozone/20/05/16133419/eurusd-forecast-technical-breakout-supports-a-continued-advance-heading-into-the-weekend alt=EUR/USD Forecast: Technical Breakout Supports A Continued Advance Heading Into The Weekend>Full story available on Benzinga.com</a></p> EUR/USD FXStreet Eurozone Forex Markets Eurozone Forex Markets Benzinga Thu, 28 May 2020 21:27:40 +0000 Valeria Bednarik - Chief Analyst at FXStreet 16133419 at https://www.benzinga.com