Technical Analysis
Commodities, Energies, Market Analysis, Technical Analysis
Energy Commodities Forecast: Heating Oil and Natural Gas Lead Losses as Oil Prices Weaken
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Energy commodity markets are showing mixed performance, with heating oil, US natural gas and crude oil leading losses, while European and UK natural gas contracts move higher. The divergence highlights a market responding to different regional supply conditions, fuel demand expectations and the outlook for […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Steel Price Forecast: Improving Margins Support Rebar as China’s Construction Demand Remains Weak
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Steel rebar futures are trading near CNY 3,100 per tonne, with lower spot coke prices providing some relief to Chinese steelmakers by reducing production costs and narrowing operating losses. The improvement could ease pressure on mills to cut output, offering near-term support to steel prices […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Iron Ore Price Forecast: Chinese Restocking Hopes Support Prices as Supply Risks Persist
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Iron ore prices are attempting to stabilise after reaching four-year lows, with futures recovering towards CNY 690 per tonne as Chinese steelmakers prepare to replenish raw material inventories following an extended holiday. The expected return of mills to the spot market could provide near-term support, […]
by Currency Hedger
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- 2 weeks ago
Commodities, Technical Analysis
Wheat Price Forecast: Futures Hit Two-Month Low as Black Sea Ceasefire Hopes Shift Supply Outlook
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Wheat prices have fallen below $6.70 per bushel, reaching their lowest level since August 18, as hopes for a potential Russia–Ukraine energy ceasefire prompt traders to reassess Black Sea supply risks. US President Donald Trump has announced that Russia and Ukraine agreed to an immediate […]
by Currency Hedger
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- 2 weeks ago
GBP, Market Analysis, Technical Analysis
GBP/USD Price Forecast: Edges higher near 1.3250, but technical tone stays bearish below 100-day SMA
The GBP/USD pair trades in positive territory around 1.3240 during the early European trading hours on Monday. The US Dollar (USD) softens against the British Pound (GBP) as markets continue to assess the US Federal Reserve (Fed) rate hike path. An escalating Middle East conflict kept traders wary ahead of key US inflation data later […]
by Currency Hedger
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- 2 weeks ago
CHF, Market Analysis, Technical Analysis, USD
Swiss Franc struggles as SNB dovish stance lifts USD/CHF
USD/CHF gains ground after two days of losses, trading around 0.8310 during Asian hours on Monday. The currency pair is finding upward support as the Swiss Franc (CHF) remains under pressure from short positions. This weakness stems from market expectations that other major central banks will continue monetary tightening, while the Swiss National Bank (SNB) […]
by Currency Hedger
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- 2 weeks ago
AUD, Market Analysis, Technical Analysis
Australian Dollar fails ahead of 0.7000 as hawkish Fed and Iran risks limit USD losses
The AUD/USD pair struggles to capitalize on a modest Asian session uptick, trading below the 0.7000 psychological mark and below a nearly two-week high, touched earlier this Monday. Against the backdrop of the recent minor pullback in US bond yields from multi-year highs, the US Dollar (USD) kicks off the new week on a weaker […]
by Currency Hedger
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- 2 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Gets some relief from Russia-Ukraine energy ceasefire
The Euro (EUR) is marginally higher at around 1.1208 against the US Dollar (USD) during the Asian trading session on Monday. The major currency pair gets slight relief from the announcement of an energy ceasefire between Russia and Ukraine, which has put some pressure on oil prices. Over the weekend, US President Donald Trump announced […]
by Currency Hedger
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- 2 weeks ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Weakens to near 110.50, maintaining negative bias under 100-day SMA
The AUD/JPY cross trades in negative territory around 110.50 during the early European trading hours on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD), with trading activity expected to remain subdued due to a national holiday in Japan. Traders remain on high alert for currency intervention from Japanese authorities to proop up […]
by Currency Hedger
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- 2 weeks ago
CAD, Market Analysis, Technical Analysis
Canadian Dollar flat lines around 1.4250 as sliding oil prices counter USD softness
The USD/CAD pair struggles to capitalize on a modest gap-up open at the start of a new week, retreating back to mid-1.4200s during the Asian session. However, a combination of diverging forces warrants some caution before positioning for an extension of Friday’s pullback from the 1.4300 neighborhood, or its highest level since April 2025. The […]
by Currency Hedger
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- 2 weeks ago