The post USD/CAD Forecast: Holding near 1.3800 as strong supply zone caps gains appeared on BitcoinEthereumNews.com.
The USD/CAD pair extends its sideways consolidative price move for the second straight day on Tuesday and holds steady near the 1.3800 mark through the first half of the European session. Mixed signals over a potential US-Iran peace deal revive demand for the safe-haven US Dollar (USD), acting as a tailwind for the currency pair. However, a goodish recovery in Crude Oil prices underpin the commodity-linked Loonie and cap spot prices. From a technical perspective, the USD/CAD pair hovers just below the 1.3810-1.3815 confluence – comprising the 50% Fibonacci retracement level of the November 2025-January 2026 downfall and the 200-day Simple Moving Average (SMA). This tight overhead resistance suggests upside attempts remain vulnerable while those levels cap on a closing basis, despite improving momentum indicators. In fact, the Relative Strength Index sits around 63, and t
The post Euro struggles against Canadian Dollar as oil prices rebound appeared on BitcoinEthereumNews.com.
EUR/CAD depreciates after four days of losses, trading around 1.6060 during the European hours on Tuesday. The currency cross loses ground as the commodity-linked Canadian Dollar (CAD) remains firm amid higher crude oil prices. It is important to note that Canada is one of the world’s largest producers and exporters of crude oil, with its energy sector making up a massive portion of its economy. West Texas Intermediate (WTI) oil price gains ground after four days of losses, trading around $92.50 per barrel at the time of writing. Crude oil prices advance on renewed supply concerns after the United States (US) forces conducted self-defense strikes in southern Iran on Monday. A US Central Command spokesperson said that the strikes targeted missile launch sites and Iranian vessels attempting to deploy mines. While the US military emphasized its commitment to protecting its forces and
Solana failed to stay above $86 and corrected some gains. SOL price is now consolidating and might aim for another increase if it stays above $82.50. SOL price started a downside correction below $85 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a declining channel forming with support at $82.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $82.50 zone. Solana Price Dips Again Solana price failed to stay above $86 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $85 and $84 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $81.37 swing low to the $87.39 high. The price even tested the $83.65 support. Besides, there is a declining channel forming with support at $82.50 on the hourly chart of the SOL/USD pair. Solana is now trading below $85 and the 100-hourly
The intertwining of crypto and geopolitics in US-Iran talks highlights evolving financial warfare, impacting global markets and regulatory focus.
The post Marco Rubio says US-Iran deal negotiations could take days as military strikes continue appeared first on Crypto Briefing.
The intertwining of crypto and geopolitics in US-Iran talks highlights evolving financial warfare, impacting global markets and regulatory focus.
The post Marco Rubio says US-Iran deal negotiations could take days as crypto becomes a shadow battlefield appeared first on Crypto Briefing.
Robert Kiyosaki warned that Iran’s yuan-based oil payments could intensify pressure on the U.S. dollar. His comments cited Ray Dalio’s petrodollar analysis and reports involving Strait of Hormuz traffic. Kiyosaki Predicts Dollar Pressure From Yuan Oil Trade Robert Kiyosaki raised a stark warning about the U.S. dollar on X on May 24, linking claims about […]
Potential US-Iran uranium deal could reshape diplomatic relations, influence nuclear policy, and impact global market perceptions.
The post Trump suggests potential US-Iran deal on enriched uranium transfer appeared first on Crypto Briefing.
Iraq's output collapsed to 1.39M bpd amid US-Iran conflict, down from 4.1M bpd. Crude oil all-time high by Sept 30 at 26.5% YES.
The post Iraq oil output collapses to 1.39M bpd amid US-Iran conflict appeared first on Crypto Briefing.
Iranian FM and parliament speaker arrive in Doha for US-Iran deal talks. Ceasefire through May 31 at 92.5% YES, May 27 at 96.4% YES.
The post Iranian FM, parliament speaker arrive in Doha for US-Iran deal talks appeared first on Crypto Briefing.