South Korean Won Under Pressure As Volatility Persists, Says OCBC

The post Swiss Franc Slides As Risk Aversion Fuels US Dollar Demand appeared on BitcoinEthereumNews.com. Swiss Franc Slides As Risk Aversion Fuels US Dollar Demand Skip to content Home Forex News Swiss Franc Slides as Risk Aversion Fuels US Dollar Demand Source: https://bitcoinworld.co.in/swiss-franc-declines-usd-strength-risk-off/

The post Australian Dollar Retreats From Multi-Year Highs As RBA Minutes, China Data Loom appeared on BitcoinEthereumNews.com. Australian Dollar Retreats From Multi-Year Highs As RBA Minutes, China Data Loom Skip to content Home Forex News Australian Dollar Retreats From Multi-Year Highs as RBA Minutes, China Data Loom Source: https://bitcoinworld.co.in/australian-dollar-retreats-rba-minutes-china-data/

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The post Silver: Rally stretched near term – OCBC appeared on BitcoinEthereumNews.com. OCBC strategist Christopher Wong describes Silver’s recent surge toward USD87–88/oz as driven mainly by technical momentum. He notes industrial metals are also better bid and that softer US–China rhetoric could support Silver further. However, overbought RSI and “buy the rumour, sell the fact” risks argue for near-term caution with resistance seen around 90–92.60. Overbought signals and profit risk “Silver rally looks stretched near term.” “Silver extended it run higher (+13% on 5d% change), with spot holding around the $87–88/oz area after breaking above the recent $83–84 resistance zone. The move looks less rates driven as yields were firmer.” “The move higher looks more driven by a mix of technical breakout momentum and possibly, pre-positioning ahead of the Trump–Xi meeting, especially as other industrial metals were also better bid. “ “A softer tone on US-China rhetoric on tariffs, supply chains

The post Singapore Dollar: Consolidation with preference to sell rallies – OCBC appeared on BitcoinEthereumNews.com. OCBC’s Christopher Wong notes USD/SGD has risen with broader USD/AXJ but the move has been milder, reflecting Singapore Dollar’s (SGD) lower beta. Wong observes fading bearish momentum and moderated RSI, suggesting two-way trade. Wong highlights nearby resistance around 1.2720–1.28 and support near 1.2650, maintaining a preference to sell rallies while acknowledging SGD’s sensitivity to external yields, Oil and sentiment. Lower beta SGD in two-way consolidation “USD/SGD rose, tracking broader USDAXJs higher.” “Move reflects SGD’s lower beta characteristics but at the same time, SGD is not immune to external developments, including yields, oil and sentiments.” “Mild bearish momentum on daily chart is fading but rise in RSI moderated.” “2-way trades still likely. Resistance at 1.2720/40 levels (21, DMA, 61.8% fibo retracement of 2026 low to high), 1.2770” “Support at 1.265

The post South Korean Won: Fading strength as volatility stays high – OCBC appeared on BitcoinEthereumNews.com. OCBC’s Christopher Wong reports South Korean Won (KRW) led declines in Asia FX, pressured by higher Oil, firmer UST yields, softer risk tone and heavy foreign equity outflows. He expects USD/KRW to stay choppy and vulnerable if Oil remains elevated and risk sentiment fragile, but advises against chasing the pair higher. Wong prefers fading rallies, citing Korea’s AI/export leverage and resilient semiconductor cycle as medium-term supports. KRW pressured but rallies seen to fade “KRW came under renewed pressure overnight and led declines in Asian FX.” “Near term, USDKRW can remain choppy and vulnerable to wider swings, especially if oil prices stay elevated and global risk sentiment remains fragile.” “we would avoid chasing USD/KRW higher from here and would look to fade rallies selectively for better risk-reward, as Korea’s AI/export leverage and still-resilient semiconductor

The post Japanese Yen Recovery Faces Key Resistance Near 158.30, Says UOB appeared on BitcoinEthereumNews.com. Japanese Yen Recovery Faces Key Resistance Near 158.30, Says UOB Skip to content Home Forex News Japanese Yen Recovery Faces Key Resistance Near 158.30, Says UOB Source: https://bitcoinworld.co.in/japanese-yen-recovery-resistance-158-30-uob/

The post British Pound Holds Above 1.3500 But Remains Vulnerable Near Two-Week Low appeared on BitcoinEthereumNews.com. British Pound Holds Above 1.3500 But Remains Vulnerable Near Two-Week Low Skip to content Home Forex News British Pound Holds Above 1.3500 but Remains Vulnerable Near Two-Week Low Source: https://bitcoinworld.co.in/british-pound-holds-above-1-3500-two-week-low/