Market Analysis
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Remains below 177.00 as bearish bias prevails
EUR/JPY loses ground for the second successive day, trading around 176.90 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross retains a bearish near-term bias as it holds below both the 9- and 50-day Exponential […]
by Currency Hedger
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- 2 weeks ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Forecast: Dollar Strength and Inflation Risks Keep IDR Under Pressure
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Indonesian rupiah remains vulnerable to external dollar strength and domestic inflation pressures, with USD/IDR trading around IDR 17,900 per US dollar in the supplied market snapshot. Ahead of key US inflation data, the direction of the dollar and changes in global risk sentiment are […]
by Currency Hedger
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- 2 weeks ago
Energies, Market Analysis, Technical Analysis
Coal Price Forecast: Futures Hold Near Three-Year High as LNG Costs Support Demand
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Coal futures are trading just below $150 per tonne, remaining near a three-year high as elevated liquefied natural gas (LNG) prices encourage power generators to turn towards cheaper coal supplies. With coal reportedly costing around 80% less than LNG, buyers in Asia and Europe are […]
by Currency Hedger
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- 2 weeks ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Forecast: KRW Retreats as Rising Oil Prices and Dollar Strength Weigh
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The South Korean won has retreated towards 1,342 per US dollar after reaching its strongest level since October 2024, as renewed dollar strength and rising energy prices challenge the currency’s recovery. The move highlights South Korea’s exposure to imported energy costs at a time when […]
by Currency Hedger
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- 2 weeks ago
Energies, Market Analysis, Technical Analysis
Brent Crude Price Forecast: Oil Rises Above $105.50 as Middle East Tensions Escalate
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Brent crude has climbed above $105.50 per barrel, reaching its highest level in more than two weeks as escalating Middle East tensions heighten concerns over regional security and the reliability of energy supplies. Renewed attacks targeting Saudi Arabia and another tanker incident in the Strait […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Aluminum Price Forecast: Prices Hit Lowest Since February as Supply Outlook Improves
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Aluminum prices are under pressure, with UK-traded futures around $3,050 per tonne and hovering near their lowest level since February. A stronger US dollar, easing concerns over Gulf supply disruptions and expectations of expanding production capacity are weighing on the market, while softer demand prospects […]
by Currency Hedger
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- 2 weeks ago
Commodities, Market Analysis, Technical Analysis
Agricultural Commodities Forecast: Oats and Sugar Fall as Rice and Corn Advance
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Agricultural commodity markets are showing mixed performance, with oats and sugar moving lower while rice and corn record modest gains. Oats lead the reported declines, falling 1.64%, followed by sugar at 0.88%. On the upside, rice advances 0.53% and corn gains 0.51%, reflecting differing price […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Metals Commodities Forecast: Lithium Carbonate Slides 5.68% as Copper and Silicon Advance
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Metals markets are showing mixed performance, with lithium carbonate suffering a sharp decline while copper and silicon post modest gains. Lithium carbonate falls 5.68% in the reported market snapshot, substantially underperforming aluminum alloy and gold, which also trade lower. Copper rises 0.59%, while silicon gains […]
by Currency Hedger
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- 2 weeks ago
Commodities, Energies, Market Analysis, Technical Analysis
Energy Commodities Forecast: Heating Oil and Natural Gas Lead Losses as Oil Prices Weaken
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Energy commodity markets are showing mixed performance, with heating oil, US natural gas and crude oil leading losses, while European and UK natural gas contracts move higher. The divergence highlights a market responding to different regional supply conditions, fuel demand expectations and the outlook for […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Steel Price Forecast: Improving Margins Support Rebar as China’s Construction Demand Remains Weak
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Steel rebar futures are trading near CNY 3,100 per tonne, with lower spot coke prices providing some relief to Chinese steelmakers by reducing production costs and narrowing operating losses. The improvement could ease pressure on mills to cut output, offering near-term support to steel prices […]
by Currency Hedger
- 0 Comments
- 2 weeks ago