Technical Analysis
Market Analysis, Metals, Technical Analysis
Precious and Industrial Metals Under Pressure as Platinum, Silver and Lithium Lead Losses
The metals complex is facing broad-based selling pressure, with platinum, silver, lithium carbonate and gold all recording declines. Platinum leads the losses, falling 3.36%, followed by silver at 2.83% and lithium carbonate at 2.60%. Gold has also moved lower, declining 0.91%, indicating that weakness is extending across both precious and industrial metals. The latest performance […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Copper Prices Fall Towards $6.50 as Technology Selloff and Fed Rate Concerns Weigh on Sentiment
Copper futures have fallen towards $6.50 per pound, extending losses for a second consecutive session as disappointing corporate earnings trigger renewed selling across technology and artificial intelligence stocks. The pullback highlights copper’s growing sensitivity to sentiment surrounding global technology investment. The metal is a critical component in data centres, electricity networks and power infrastructure, making […]
by Currency Hedger
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- 2 weeks ago
CNH, CNY, Market Analysis, Technical Analysis
Offshore Yuan Strengthens to Four-Year High as Chinese Exports Surge 36.3%
The offshore yuan is trading around 6.65 per US dollar, reaching its strongest level since April 2022 as robust export growth and increased conversion of foreign-currency holdings support demand for the Chinese currency. China’s export performance has provided a significant boost. Exports surged 36.3% year-on-year to USD 447.18 billion in September 2026, marking the fastest […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Iron Ore Prices Slide Below CNY 680 as Rising Inventories and Weak Steel Demand Deepen Market Pressure
Iron ore futures have fallen below CNY 680 per tonne, moving closer to four-year lows as weakening fundamentals continue to weigh on the market. Rising inventories at major Chinese ports, subdued steel mill profitability and sluggish downstream demand are reinforcing the bearish outlook, while elevated shipments from international producers are adding to concerns over supply. […]
by Currency Hedger
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- 2 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Holds gains to near 1.1200, while staying below key technical resistance
The EUR/USD pair trades in positive territory around 1.1190 during the early European trading hours on Friday. A hawkish pause from the European Central Bank (ECB) provides some support to the Euro (EUR) against the US Dollar (USD). Traders brace for the preliminary readings of Q3 Gross Domestic Product (GDP) from Germany and the Eurozone […]
by Currency Hedger
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- 2 weeks ago
Energies, Market Analysis, Technical Analysis
WTI Price Forecast: Pulls back from multi-month top near 104.00 as bullish bias holds
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – retreats after touching a fresh high since May 19, around the $104.00 mark during the Asian session on Friday, though the downside seems limited. The commodity currently trades above the $102.00 round figure, still up for the third straight day, as supply disruption […]
by Currency Hedger
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- 2 weeks ago
INR, Market Analysis, Technical Analysis
Indian Rupee continues to face pressure from Middle East risks
The Indian Rupee (INR) remains under pressure against the US Dollar (USD), as oil prices continue to boil due to Middle East risks. In the opening trade on Friday, the USD/INR pair is slightly higher to near 95.25, closer to its over two-week high of 95.38 posted the previous day. In early trading on Friday, […]
by Currency Hedger
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- 2 weeks ago
GBP, Market Analysis, Technical Analysis
GBP/USD Price Forecast: Strengthens above 1.3350, but retains bearish tone below 100-day SMA
The GBP/USD pair trades in positive territory around 1.3380 during the early European trading hours on Friday. The British Pound (GBP) strengthens against the US Dollar (USD), while markets digest the UK Autumn Budget and look ahead to upcoming Bank of England (BoE) decisions. The United Kingdom (UK) set out a target date for defense […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, NZD, Technical Analysis
NZD/USD Price Forecast: Likely recover further to near 20-day EMA
The New Zealand Dollar (NZD) extends its recovery to near 0.5640 against the US Dollar (USD) during the European trade on Friday. The Kiwi pair started rebounding after a mayhem on Wednesday, caused by Reserve Bank of New Zealand’s (RBNZ) unexpected decision to hold the Official Cash Rate (OCR) steady at 2.75%. The RBNZ left […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Market Analysis, Metals, Technical Analysis
XAG/USD slumps to fresh low since November, near $51.00
Silver (XAG/USD) extends its descending trend for the third straight day, hitting a fresh low since November 2025 during the Asian session on Friday. The white metal, however, recovers slightly from the $51.00 neighborhood and currently trades near the $51.50-$51.55 region, still down around 1.25% for the day. From a technical perspective, the decline witnessed […]
by Currency Hedger
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- 2 weeks ago