Technical Analysis
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades around 176.50 above nine-day EMA
EUR/JPY gains ground after recovering recent losses from the previous trading day, hovering around 176.40 during Asian hours on Monday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish near-term bias as it holds below the 50-day […]
by Currency Hedger
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- 2 weeks ago
INR, Market Analysis, Technical Analysis
Indian Rupee Rebounds Towards 94.90 as RBI Intervention and Lower Oil Prices Ease Currency Pressure
The Indian rupee has strengthened towards 94.90 per US dollar, recovering from recent losses as Reserve Bank of India (RBI) measures help manage foreign-exchange demand and ease pressure on the currency. The central bank’s intervention measures are providing support at a time when elevated oil import costs, foreign investor outflows and firm US Treasury yields […]
by Currency Hedger
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- 2 weeks ago
KRW, Market Analysis, Technical Analysis
South Korean Won Weakens Towards 1,345 as Overseas Dollar Demand Offsets Record Export Growth
The South Korean won is trading around 1,345 per US dollar, reversing recent gains as persistent demand for overseas investments and foreign equity outflows continue to create structural pressure on the currency. South Korea’s strong export performance is providing an important counterweight, but the traditional relationship between trade surpluses and won appreciation is becoming less […]
by Currency Hedger
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- 2 weeks ago
CNH, CNY, Market Analysis, Technical Analysis
Offshore Chinese Yuan Surges to Four-Year High Near 6.64 as PBOC Shifts Monetary Policy Framework
The offshore Chinese yuan has strengthened to around 6.64 per US dollar, extending its advance to a fifth consecutive session and reaching its strongest level since June 2022. The currency is gaining support following a significant announcement from the People’s Bank of China (PBOC), which is moving towards a new short-term monetary policy framework centred […]
by Currency Hedger
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- 2 weeks ago
Energies, Market Analysis, Technical Analysis
US Natural Gas Prices Hover Near $2.90 as Mild November Weather and Rising Production Weigh on Market
US natural gas prices are holding around $2.90 per MMBtu, remaining close to a one-week low as warmer-than-normal weather forecasts and recovering domestic production weigh on the market. Expectations of subdued heating demand across much of the United States during the first half of November are limiting the potential for a sustained price recovery. Supply […]
by Currency Hedger
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- 2 weeks ago
AUD, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Holds gains near 111.00, but maintains bearish tone below 100-day SMA
The AUD/JPY cross trades in positive territory around 110.90 during the early European trading hours on Monday. Growing expectations for an imminent interest rate hike from the RBA provide some support to the Australian Dollar (AUD) against the Japanese Yen (JPY). Traders await the Reserve Bank of Australia (RBA) policy meeting later on Tuesday. The […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
XAG/USD awaits move beyond $50.00 to extend recovery from YTD low
Silver (XAG/USD) edges higher at the start of a new week, recovering a part of Friday’s heavy losses to sub-$49.00 levels, or a fresh low since November 2025. The white metal, however, struggles to capitalize on a modest Asian session uptick and currently trades around the $50.00 psychological mark, up 1.70% for the day. From […]
by Currency Hedger
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- 2 weeks ago
GBP, Market Analysis, Technical Analysis
British Pound steadies near 1.3400 amid BoE rate hike expectations
The GBP/USD pair holds steady near 1.3390 during the Asian trading hours on Monday. Traders prefer to wait on the sidelines ahead of the key events later this week. The Bank of England (BoE) interest rate decision will be in the spotlight on Thursday. On Friday, attention will shift to the US jobs data for […]
by Currency Hedger
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- 2 weeks ago
Commodities, Technical Analysis
Palm Oil Prices Fall Below MYR 4,700 as Record Inventories and Weaker Crude Oil Weigh on Market Outlook
Malaysian palm oil futures have fallen below MYR 4,700 per tonne, reversing the recent rally as weaker crude oil prices reduce the commodity’s attractiveness as a biodiesel feedstock. The decline comes against a backdrop of record-high inventories, uncertainty surrounding Chinese demand and expectations of increased seasonal production in Malaysia. Despite the downward pressure, stronger export […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Market Analysis, NZD, Technical Analysis
New Zealand Dollar Falls to Two-Week Low as Jobs Data and General Election Create Uncertainty
The New Zealand dollar has weakened towards US$0.561, reaching its lowest level in more than two weeks as investors prepare for a significant week of domestic economic and political developments. The upcoming third-quarter employment report and Saturday’s general election are creating additional uncertainty for the currency, with markets assessing the implications for monetary policy, fiscal […]
by Currency Hedger
- 0 Comments
- 2 weeks ago