EUR/GBP Price Forecasts: Euro holds below 0.8450 with indicators showing some bullish divergence

The post British Pound slumps against US Dollar as risky assets turn fragile appeared on BitcoinEthereumNews.com. The British Pound (GBP) is down 0.13% to near 1.3340 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair faces selling pressure as renewed geopolitical risks have diminished the appeal of riskier assets. At press time, S&P 500 futures are down almost 1% to near 7,430, demonstrating a risk-off market mood. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades marginally higher to near 101.15 after recovering early losses. Risks of the restart of the Middle East war have forced investors to shift to the safe-haven fleet. In the European trade, United States (US) President Donald Trump said that the “memorandum of understanding (MoU) with Iran is over”, adding that he doesn’t want to deal with them. This came as Tehran continues to prove its authority over the Strait of Hormuz, a critical c

The post British Pound: Sterling supported as yields retrace – MUFG appeared on BitcoinEthereumNews.com. MUFG’s Derek Halpenny highlights that implied volatility in GBP/USD has barely moved after Nigel Farage’s decision to resign and recontest his Clacton seat, calling the by‑election a sham with potential further votes if he is sanctioned. He stresses that GBP volatility is more tied to incoming PM Andy Burnham’s economic stance, with lower 10‑year Gilt yields, contained fiscal worries and weaker UK inflation supporting the Pound as a top G10 performer. Politics, yields and Pound performance “Finally, there has also been limited changes to implied vol level in GBP/USD on the back of the announcement from Nigel Farage that he will stand down as MP for Clacton but then contest the same seat in the by-election. This was to protest the investigations by the parliamentary standards committee into his finances on concerns he breached parliamentary rules.” “This will result in the investigat

The post XRP price eyes drop to $1 as it loses a key support appeared on BitcoinEthereumNews.com. XRP has slipped below a key short-term support near $1.10, with sellers regaining control as traders lock in profits after Ripple’s latest European regulatory win and macro risk sentiment weakens across global markets. Summary XRP has dropped below key support near $1.10 as profit-taking and long liquidations push the token toward $1. A descending channel, weakening RSI, bearish MACD setup, and dense liquidation zones reinforce downside risks. Ripple’s MiCA license and $4 billion in XRPL tokenized RWAs highlight long-term adoption despite near-term weakness. The token traded around $1.08 on Tuesday after falling from an intraday high near $1.18. The decline came shortly after Ripple secured a full Crypto-Asset Service Provider license from Luxembourg’s Commission de Surveillance du Secteur Financier under the European Union’s Markets in Crypto-Assets framework. Instead of extending the ral

XRP has slipped below a key short-term support near $1.10, with sellers regaining control as traders lock in profits after Ripple’s latest European regulatory win and macro risk sentiment weakens across global markets. The token traded around $1.08 on Tuesday…

The post EUR/USD Price Forecast: Euro hesitates above 1.1400 as geopolitical risks mount appeared on BitcoinEthereumNews.com. The Euro (EUR) shows marginal losses against the US Dollar (USD) on Wednesday and has returned to levels just above 1.1400 during the European trading session after rejection at 1.1430. A new round of hostilities in Iran and investors’ cautiousness ahead of the release of the minutes of the latest Federal Reserve (Fed) meeting are keeping Euro bulls in check. US President Donald Trump affirmed earlier on Wednesday that the ceasefire is over and that, in his view, the memorandum of understanding is no longer in effect. These comments follow a fresh bout of reciprocal attacks between the US and Iran, and the revocation of the US authorisation to sell Iranian Oil. The market reaction has been tame so far, as investors continue to view these events as manoeuvres to gain leverage in the negotiation process. Beyond that, investors remain wary of placing large directio

The post Swedish Krona: Weakens against Euro – Societe Generale appeared on BitcoinEthereumNews.com. Societe Generale’s Kenneth Broux highlights EUR/SEK reclaiming its 200-day moving average and breaking above a base, signalling a short-term uptrend towards 11.11. The analysis points to first support at 11.00 and suggests that defending this level could extend gains, with next objectives at the upper boundary of a longer-term descending channel around 11.30/11.33. EUR/SEK uptrend with channel objectives “EUR/SEK reclaimed the 200-DMA last month; this MA had acted as a crucial hurdle in previous rebound attempts.” “The pair recently broke out above the upper limit of a base denoting onset of a short-term uptrend and marched towards 11.11.” “The upper part of the base at 11.00 could be the first support. Defence of this may lead to a continuation of the up move. “ “Beyond 11.11, the next objectives could be located at the upper boundary of the descending channel drawn since 2023 at 11.30

The post DOGE Price Prediction: Bears Are in Full Control — Watch $0.065 as the Next Real Test appeared on BitcoinEthereumNews.com. Zach Anderson Jul 08, 2026 08:01 DOGE is clinging to its Bollinger lower band at $0.0724 with RSI approaching oversold and zero volume conviction — a brief dead-cat bounce toward $0.078–$0.080 is possible, but the broader structur… The Immediate Setup DOGE is in a precarious spot this morning. Printing $0.0724 after a 3.46% session decline, with an intraday range capped at $0.0755 and a floor barely holding at $0.0718, the price action is telling a clear story: sellers are capping every attempt at a recovery, and buyers can’t even sustain a full-day hold above the round number. This is not a base-building structure. This is a slow bleed with occasional gasps. What makes this particularly dangerous is the momentum picture. The MACD histogram has flatlined at zero — not because bulls are taking control, but because bearish energy has simply

The post GBP/JPY Price Forecasts: Pound nears 217.00 with the 217.24 all-time high eyed appeared on BitcoinEthereumNews.com. The British Pound (GBP) has resumed its broader uptrend against the Japanese Yen (JPY) on Wednesday, with price action drawing closer to the 217.00 level and the all-time high of 217.22, on the bulls’ focus. Some dovish comments by a Bank of Japan (BoJ) official have cast doubt about the BoJ’s monetary tightening plans and added pressure on an already weak Yen. Earlier on Wednesday, the Japanese central bank’s committee member Toichiro Asada, the lone vote opposing June’s interest rate hike, affirmed that he needs to see evidence of demand-driven inflation to support further monetary tightening.  Asada is the latest appointment to the bank’s government board, and has been hand-picked by Prime Minister Sanae Takaichi, who has repeatedly voiced her preference for low interest rates to promote economic growth. The BoJ official assured that he is “not always opposed”