Market Analysis
GBP, JPY, Market Analysis, Technical Analysis
Trade of the Day: GBP/JPY — 23 October 2026
Market: GBP/JPYDirection: LongCurrent Market Price: 210.053Technical Bias: Bullish, subject to confirmation Trade Setup Trade Parameter Level Trade Direction Buy / Long Reference Market Price 210.053 Target 1 210.950 Target 2 211.830 Stop Loss 209.300 Key Support Zone 209.550–209.420 Technical Analysis GBP/JPY remains on watch for a potential bullish continuation following its previous rebound from the […]
by Currency Hedger
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- 2 days ago
AUD, Market Analysis, Technical Analysis
Australian Dollar holds above 0.7000 vs recovering USD; remains close to monthly top
The AUD/USD pair struggles to capitalize on the previous day’s bounce from sub-0.7000 levels and seesaws between tepid gains/minor losses during the Asian session on Friday. Nevertheless, spot prices seem poised to register strong weekly gains and remain close to the monthly high, touched on Thursday amid a supportive fundamental backdrop. The recent hawkish comments […]
by Currency Hedger
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- 2 days ago
CHF, Market Analysis, Technical Analysis
Swiss Franc inches lower as US Dollar recovers recent losses
USD/CHF holds ground after three days of losses, trading around 0.8210 during Asian hours on Friday. The currency pair has inched higher as the US Dollar (USD) recovers its daily losses despite mounting doubts regarding the sustainability of the AI trade. Investor confidence weakened after quarterly US earnings reports from several megacap technology companies failed […]
by Currency Hedger
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- 2 days ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Softens to near 1.1200, sub-100-day SMA keep outlook bearish
The EUR/USD pair trades in negative territory around 1.1210 during the early European trading hours on Friday. Worries about France’s ability to tackle its huge debt burden have hurt French government bonds and exert some selling pressure on the Euro (EUR) against the US Dollar (USD). France’s benchmark 10-year government bond yield climbed 6.5 basis […]
by Currency Hedger
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- 2 days ago
GBP, INR, JPY, Market Analysis, Technical Analysis
Indian Rupee Forecast: INR Falls 0.47% as Yen and Pound Also Weaken Against Major Currencies
The Indian rupee is leading currency losses in the latest foreign-exchange market update, falling 0.47%, while the Japanese yen declines 0.10% and the British pound slips 0.09%. The euro and US Dollar Index remain little changed, highlighting a mixed session across major currency markets. The rupee’s sharper decline places the Indian currency under greater pressure […]
by Currency Hedger
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- 2 days ago
Commodities, Market Analysis, Technical Analysis
Palm Oil Price Forecast: Malaysian Futures Target Third Weekly Gain Above MYR 4,800 as El Niño and B50 Biodiesel Support Prices
Malaysian palm oil futures are holding above MYR 4,800 per tonne, with prices on track for a third consecutive weekly advance as robust export demand, strength in competing edible oils and tightening supply expectations support the market. Futures have gained nearly 1% so far this week, with concerns over potential production constraints and Indonesia’s upcoming […]
by Currency Hedger
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- 2 days ago
Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Gold Slides Towards $4,000 as AI Stock Sell-Off Triggers Precious Metals Liquidation
Gold prices are falling towards $4,000 per ounce, approaching their lowest levels in nearly three months as a deepening sell-off in technology and artificial intelligence stocks triggers widespread liquidation across precious metals. Investors are selling gold to cover losses and meet liquidity requirements elsewhere in their portfolios, placing additional pressure on prices despite continuing uncertainty […]
by Currency Hedger
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- 2 days ago
Market Analysis, NZD, Technical Analysis
New Zealand Dollar Forecast: NZD/USD Near One-Month High as RBNZ Rate Hike Expectations Strengthen
The New Zealand dollar is trading near a one-month high at approximately $0.569 against the US dollar, supported by growing expectations that the Reserve Bank of New Zealand (RBNZ) will continue tightening monetary policy to contain persistent inflation. The kiwi has gained 0.7% this week, marking its second consecutive weekly advance as markets increasingly price […]
by Currency Hedger
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- 2 days ago
Market Analysis, Metals, Technical Analysis
Platinum Price Forecast: Platinum Crashes to 11-Month Low Below $1,560 as Precious Metals Sell-Off Deepens
Platinum futures have fallen below $1,560 per ounce, reaching their lowest level since November 2025, as a liquidity-driven sell-off across precious metals coincides with a broader equity market rout. Growing concerns about the sustainability of artificial intelligence investment are weighing on investor confidence, while forced liquidations and rising inflation risks are adding further pressure to […]
by Currency Hedger
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- 2 days ago
Market Analysis, Technical Analysis, USD
US Dollar Index Falls to Three-Week Low Near 101.6 as Treasury Yields Slide and Fed Rate Expectations Shift
The US dollar index is hovering around 101.6, near a three-week low, as falling Treasury yields and heightened uncertainty across technology and artificial intelligence stocks weigh on the greenback. Demand for government bonds has increased amid a deepening equity selloff, pushing the benchmark 10-year Treasury yield below 5% and reducing expectations for further Federal Reserve […]
by Currency Hedger
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- 2 days ago