Technical Analysis
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades near 177.50 after rising above nine-day EMA
EUR/JPY gains ground for the second successive day, trading around 177.30 during Asian hours on Tuesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is maintaining a mildly bearish bias as it holds below the 50-day […]
by Currency Hedger
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- 5 days ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Extends Gains as Dollar Weakens and Economic Growth Supports Sentiment
Today Markets Analysis The Indonesian rupiah strengthened to around IDR 18,050 per US dollar on Tuesday, extending gains for a second consecutive session as a softer US dollar, stabilising energy prices and resilient domestic economic indicators supported the currency. The rupiah outperformed other regional Asian currencies, which largely traded within narrow ranges as investors positioned […]
by Currency Hedger
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- 5 days ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Weakens as Foreign Investors Extend Equity Selling Streak
Today Markets Analysis The South Korean won weakened to approximately 1,344 per US dollar on Tuesday, surrendering some of the previous session’s gains as continued foreign equity outflows weighed on demand for the domestic currency. Foreign investors sold a net KRW 693 billion (approximately $514 million) worth of South Korean equities on Monday, marking their […]
by Currency Hedger
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- 5 days ago
Commodities, Market Analysis, Technical Analysis
US Corn Futures Slip Ahead of USDA WASDE Report as Traders Anticipate Lower Production
Today Markets Analysis US corn futures edged lower during Monday’s trading session, with contracts declining between 2 and 3 cents as traders positioned ahead of Tuesday’s closely watched USDA Crop Production and WASDE reports. Expectations of a modest reduction in US corn yields and overall production provided some underlying support, although weak export performance and […]
by Currency Hedger
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- 5 days ago
Commodities, Market Analysis, Technical Analysis
US Wheat Futures Mixed as Spring Wheat Gains Despite Weak Export Demand
Today Markets Analysis US wheat futures finished Monday’s session mixed, with spring wheat posting the strongest gains while Chicago Soft Red Winter (SRW) futures came under modest pressure. Kansas City Hard Red Winter (HRW) contracts were largely unchanged, reflecting a market balancing improving US crop conditions against continued weakness in export demand. The December 2026 […]
by Currency Hedger
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- 5 days ago
Commodities, Market Analysis, Technical Analysis
Soybeans Face Pressure Ahead of USDA Reports as US Harvest Nears Completion
US soybean futures are under pressure heading into Tuesday’s trading session, with traders assessing export demand, the pace of the US harvest and expectations for updated USDA production estimates. November 2026 soybeans settled at $11.82¼ per bushel, down 6¾ cents on Monday, while January 2027 futures closed at $11.88¼, losing 5½ cents. The market finished […]
by Currency Hedger
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- 5 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Weakens below 109.50 as bearish signals reinforce downside bias
The AUD/JPY cross trades in negative territory around 109.30 during the early European trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD), bolstered by heavy official intervention. According to quarterly figures released by the Ministry of Finance (MOF) on Monday, Japan conducted currency market interventions on three days between July […]
by Currency Hedger
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- 5 days ago
GBP, Market Analysis, Technical Analysis, USD
British Pound steadies below 1.3450 ahead of US CPI data
The GBP/USD pair holds steady around 1.3445 during the early Asian trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of US Consumer Price Index (CPI) inflation data later in the day. Also, Bank of England (BoE) policymaker Sarah Breeden is set to speak. Stronger-than-expected US Nonfarm Payrolls (NFP) data have reinforced […]
by Currency Hedger
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- 5 days ago
Market Analysis, NZD, Technical Analysis, USD
New Zealand Dollar Holds Gains as Election Outlook and Improved Risk Appetite Support Kiwi
The New Zealand dollar remains around $0.563 after recording its largest one-day gain since April, with political developments and improved global risk appetite providing support. The incumbent National Party has gained an early advantage in its bid to retain power, raising expectations that the Reserve Bank of New Zealand (RBNZ) will maintain its current inflation-focused […]
by Currency Hedger
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- 5 days ago
Market Analysis, Technical Analysis
China Trade Surplus Falls Short of Forecasts as Imports Surge to Four-Year High Growth
China’s trade surplus widened to $105.28 billion in October 2026, compared with $88.00 billion a year earlier, but fell significantly short of market expectations of $125.8 billion. The result represents the smallest surplus since May, as imports expanded faster than exports, highlighting a stronger appetite for overseas goods, technology components and industrial inputs. Exports increased […]
by Currency Hedger
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- 5 days ago