Technical Analysis
Commodities, Technical Analysis
Sugar Price Forecast: Futures Rally as El Niño Risks Threaten Global Supplies
Contributor: Currency HedgerMarket Analysis: Louis Roche, Today Markets Sugar futures rallied sharply in the latest session as concerns over a potentially powerful El Niño weather pattern added to existing supply-side risks. March New York raw sugar rose 2.96% to settle at 20.87 cents per pound, while December London white sugar advanced 3.35% to 562.00 per […]
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- 2 weeks ago
Commodities, Technical Analysis
Cotton Price Forecast: Futures Edge Higher as Crude Oil and the US Dollar Strengthen
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Cotton futures are showing modest gains, with contracts advancing between 6 and 22 points as the market attempts to build upward momentum. December 2026 cotton settled at 80.60 cents per pound, while March 2027 futures rose to 83.81 cents and May 2027 contracts reached 85.48 […]
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 […]
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- 2 weeks ago
Commodities, Technical Analysis
Palm Oil Price Forecast: Record Malaysian Inventories Weigh on Futures Below MYR 4,600
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Malaysian palm oil futures have retreated below MYR 4,600 per tonne as rising inventories, stronger production and weaker exports reinforce concerns over the market’s supply-demand balance. Pressure from competing edible oils in China and the United States, alongside lower crude oil prices, is also weighing […]
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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
Commodities, Technical Analysis
Soybean Price Forecast: Futures Hit Six-Week Low as Record US Crop Weighs on Prices
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Soybean futures are under pressure, trading below $12.80 per bushel and reaching a six-week low as expectations for a larger US harvest and improving crop conditions in South America weigh on the market. Higher US production and yield forecasts from the US Department of Agriculture […]
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