Technical Analysis
AUD, Market Analysis, Technical Analysis, USD
AUD/USD Forecast: Australian Dollar Gains as Fed Pause Expectations Offset Hawkish Signals
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Australian dollar is extending its weekly gains against the US dollar as expectations that the Federal Reserve will leave interest rates unchanged in October offset increasingly hawkish signals about the months ahead. AUD/USD advanced approximately 0.38% on Friday, securing a 0.58% weekly gain and […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Bullish Recovery Faces Pressure from the Dollar and Treasury Yields
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Gold is attempting to recover after retreating from its recent highs, with prices advancing by approximately 1.2% and approaching the $4,200-per-ounce level. The rebound suggests that buyers are defending the $4,070–$4,150 area as a potential short-term base, although a sustained recovery will depend on the […]
by Currency Hedger
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- 2 weeks ago
Energies, Market Analysis, Technical Analysis
Natural Gas Forecast: Hurricane Risk and Winter Weather Outlook Support Prices
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Natural gas prices enter Monday, 12 October, with bullish momentum building on both sides of the Atlantic. US natural gas futures gained approximately 2.5% towards the end of last week, while European prices advanced by more than 4%, as weather uncertainty, potential supply disruptions and […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Technical Analysis
Three Markets to Watch Next Week: Gold, GBP/USD and the S&P 500
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Financial markets enter the week of 12 October with three major forces competing for investors’ attention: escalating geopolitical risks in the Middle East, the outlook for US inflation and the opening of the third-quarter US corporate earnings season. Oil prices remain a critical transmission channel […]
by Currency Hedger
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- 2 weeks ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Outlook: Fed Rate Risks and High Oil Prices Challenge KRW Strength
The South Korean won trades around 1,344 per US dollar, easing after approaching its strongest level since October 2024. Uncertainty over the Federal Reserve’s policy outlook and elevated energy prices are limiting the currency’s advance, as investors weigh the prospect of tighter US monetary policy against the economic costs of higher oil prices for South […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Copper Market Outlook: Chilean Supply Risks Support Prices as US Tariff Uncertainty Persists
Copper prices recover towards $6.60 per pound as renewed supply concerns in Chile provide support following the previous session’s losses. Industrial action at Antofagasta’s Centinela project raises the possibility of future production disruption, while Chile’s latest production figures point to weakness in output from the world’s leading copper-producing country. The market remains caught between tightening […]
by Currency Hedger
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- 2 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Holds gains near 1.1230 on softer USD; bearish bias persists
The EUR/USD pair attracts buyers for the second straight day, rising to the 1.1225-1.1230 area during the Asian session on Friday amid a weak US Dollar (USD). Spot prices, however, remain confined within a range held since the beginning of this month, warranting some caution for bulls. President Donald Trump said on Thursday that the […]
by Currency Hedger
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- 2 weeks ago
Commodities, Technical Analysis
Corn Market Outlook: US Crop Estimates, Export Demand and Harvest Weather Drive Price Direction
US corn futures face modest pressure as traders assess export demand, harvest weather and expectations for the upcoming USDA Crop Production and WASDE reports. December futures settle at $5.00¼ per bushel, while the national average cash corn price slips to $4.62¾. Weekly export sales improve 43.6% from the previous week, offering a measure of support. […]
by Currency Hedger
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- 2 weeks ago
JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests 177.50 barrier near nine-day EMA
EUR/JPY gains ground for the second consecutive day, trading around 177.40 during Asian hours on Friday. Technical analysis of the daily chart shows that the currency cross is moving downward within the descending channel pattern, suggesting a persistent bearish bias. The EUR/JPY cross is retaining a bearish near-term bias as it holds below both the […]
by Currency Hedger
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- 2 weeks ago
Commodities, Technical Analysis
Wheat Market Outlook: US Export Demand and WASDE Stock Estimates Drive Price Direction
US wheat futures face renewed selling pressure after early gains fade, with Chicago soft red winter, Kansas City hard red winter and Minneapolis spring wheat contracts all closing lower. The pullback comes despite a relatively strong weekly export sales reading for the current marketing year and a substantial purchase by a Taiwanese flour mill. US […]
by Currency Hedger
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- 2 weeks ago