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EUR/USD keeps bullish vibe, first upside target emerges near 1.1400
EUR/USD holds steady near 1.1360 in Monday’s Asian session. The positive view of the pair prevails above the key 100-day EMA with the bullish RSI indicator. The Greenback steadies as traders are confused by mixed signals on US-China trade relations.
GBP/USD finds support near 1.3300 after breaking below ascending channel
The GBP/USD pair steadies around 1.3320 during Asian trading hours on Monday, after posting losses in the previous session. Technical analysis on the daily chart suggests a weakening bullish trend, as the pair breaks below its ascending channel pattern.
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Editors’ Picks
Gold price remains depressed below $3,300 amid signs of easing US-China trade tensions
Gold price maintains its offered tone through the Asian session on Monday and currently trades below the $3,300 round-figure mark, down 0.75% for the day. Despite mixed signals from the US and China, investors remain hopeful over the potential de-escalation of tensions between the world's two largest economies.
Bitcoin and Ethereum stabilize while Ripple shows strength
Bitcoin and Ethereum prices are stabilizing at around $93,500 and $1,770 at the time of writing on Monday, following a rally of over 10% and 12% the previous week. Ripple price also rallied 8.3% and closed above its key resistance level last week, indicating an uptrend ahead.
Monero Price Forecast: XMR soars over 19% amid rising demand for privacy coins
Monero (XMR) price is extending its gains by 19% at the time of writing on Monday, following a 9.33% rally the previous week. On-chain metrics support this price surge, with XMR’s open interest reaching its highest level since December 20.