Technical Analysis
Commodities, Market Analysis, Technical Analysis
Palm Oil Rallies 1.89% as Rubber and Sugar Slide Across Agricultural Commodity Markets
Palm oil is leading agricultural commodity performance, rising 1.89%, while rubber falls 1.51% and sugar declines 0.97%. The contrasting moves highlight divergent trading conditions across agricultural markets, with palm oil attracting buying interest while rubber and sugar remain under pressure. The next direction will depend on supply developments, export demand, weather conditions, inventory levels and […]
by Currency Hedger
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- 1 week ago
Energies, Market Analysis, Technical Analysis, Uncategorized
Natural Gas Leads Energy Commodity Declines as Heating Oil, Gasoline and Crude Oil Slide
Energy commodities are trading lower, led by a 1.62% decline in natural gas. Heating oil falls 1.19%, gasoline drops 1.11%, US crude oil declines 0.68% and Brent crude slips 0.54%. The broad-based weakness points to selling pressure across the energy complex, although the available price changes alone do not confirm whether the move reflects weaker […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis
Euro retreats further as solid UK data supports British Pound
The Euro (EUR) remains on its back foot against the British Pound (GBP) on Friday, as UK macroeconomic data released on Tuesday beat expectations while Eurozone’s figures disappointed. The EUR/GBP pair hit session lows around 0.8440 on Friday, down from Thursday’s highs near 0.8480, and is on track to complete a three-week bearish cycle. Data […]
by Currency Hedger
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- 1 week ago
JPY, Market Analysis, Technical Analysis
Japanese Yen holds gains on BoJ’s hawkish tilt
The USD/JPY pair loses ground to near 157.85 during the early European trading hours on Friday. Hawkish hints from Bank of Japan (BoJ) policymakers provide some support to the Japanese Yen (JPY) against the US Dollar (USD). BoJ board member Junko Koeda said on Thursday that the central bank should not become overly cautious about […]
by Currency Hedger
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- 1 week ago
Metals, Technical Analysis
XAG/USD holds recovery near $57.60 amid weakness in US Dollar
Silver price (XAG/USD holds onto Thursday’s recovery near $57.60 during the European trading session on Friday. The white metal rebounds as the US Dollar (USD) is under pressure due to Artificial Intelligence (AI)-driven risk-off. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.1% lower to […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Euro stalls below 1.1240 with Eurozone Inflation data on tap
The Euro (EUR) ticks higher against the US Dollar (USD) on Friday and is on track to its first weekly gain in more than one month, as the recent pullback in US Treasury yields and dovish comments by Federal Reserve officials have undermined speculative demand for the Greenback. The pair, however, has been capped at […]
by Currency Hedger
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- 1 week ago
CHF, Market Analysis, Technical Analysis
Swiss Franc edges lower despite weaker US Dollar, safe-haven demand
USD/CHF inches higher after registering nearly 1% losses in the previous day, trading around 0.8270 during Asian hours on Friday. The upside of the pair could be restrained as the US Dollar (USD) declines following recent comments from key financial leaders. Speaking at a fireside chat with International Monetary Fund (IMF) Managing Director Kristalina Georgieva […]
by Currency Hedger
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- 1 week ago
Energies, Market Analysis, Technical Analysis
WTI Price Forecast: Holds above $95.50, remains close to multi-week top amid bullish setup
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges lower during the Asian session on Friday, trading as it holds above mid-$95.00s and remains close to a nearly four-week high, touched the previous day. US President Donald Trump stated that he would not use nuclear weapons in Iran and does not […]
by Currency Hedger
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- 1 week ago
INR, Market Analysis, Technical Analysis
Indian Rupee gains for fifth straight day against US Dollar
The Indian Rupee (INR) continues to outperform the US Dollar (USD) on the back of weakness in the Greenback and forceful Reserve Bank of India’s (RBI) measures to curb the US Dollar’s demand by Oil Marketing Companies (OMCs). In the opening trade on Friday, the USD/INR pair posts a fresh over five-week low at 94.69. […]
by Currency Hedger
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- 1 week ago
GBP, Market Analysis, Technical Analysis
British Pound gathers strength to near 1.3300 on Fed policy uncertainty
The GBP/USD pair gains traction to around 1.3300 during the early European trading hours on Friday. The British Pound (GBP) edges higher against the US Dollar (USD) amid hawkish remarks from Bank of England (BoE) Governor Andrew Bailey and stronger UK Gross Domestic Product (GDP) data. Bailey said on Friday that soaring energy prices so […]
by Currency Hedger
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- 1 week ago