Technical Analysis
Commodities, Market Analysis, Technical Analysis
Cocoa slips 3% and test important technical support zone
ICE cocoa futures (COCOA) are down around 3% today as the market once again focuses on improving near-term physical availability and elevated inventories. Pressure on prices is being reinforced by strong cocoa arrivals at ports in Côte d’Ivoire and ICE-monitored inventories remaining at relatively high levels. This is easing concerns about immediate supply shortages ahead […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Gold loses ahead of Fed decision
Gold breaks important support levels a day ahead of the Fed decision, during which the market is largely confident of an interest rate hike Gold is down about 0.75% today, pulling back toward $4,266 per ounce on the eve of the Federal Reserve decision. Short-term investors fear position reductions in gold due to sharply rising […]
by Currency Hedger
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- 3 weeks ago
Commodities, Energies, Market Analysis, Metals, Technical Analysis
Commodity Talk – Natgas, Coffee, Oil, Gold
Commodity Overview It is worth noting the low RSI on the part of coffee, gold, and nickel, while at the same time an extremely high level is found on oil and European gas. Source: XTB Natgas European Natgas is already trading around 83 EUR/MWh, approaching resistance associated with the 127.2 Fibonacci retracement of the March-April […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Chart of the Day: Gold at five-week lows – what stands behind the decline?
Gold continues its September sell-off. An ounce is currently trading below $4,270, representing its lowest level in five weeks. The precious metal has lost nearly 9% relative to its August peak, with September alone bringing a drop of over 3%. Figure 1: Gold and US 10-Year Treasury Yield [Inverted Axis] (2026) Source: XTB Research, 15.09.2026 […]
by Currency Hedger
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- 3 weeks ago
EUR, GBP, Market Analysis, Technical Analysis
Trade of the Day: EUR/GBP
Market Bias: Bearish Technical Setup EUR/GBP has rejected the 0.8585 resistance level, reinforcing the recent bearish structure. On the daily timeframe, the pair is also trading below its 100-period exponential moving average (EMA), keeping the broader technical bias tilted to the downside. The 0.8585 area represents an important technical confluence zone, with resistance aligning with […]
by Currency Hedger
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- 3 weeks ago
CAD, Technical Analysis, USD
USD/CAD Climbs for Fifth Day as Bulls Target Break Above 1.3914
Today Markets Analysis: USD/CAD has extended its winning streak for a fifth consecutive session, trading around 1.3910 as the US Dollar continues to strengthen against the Canadian Dollar. The pair is now testing the important 1.3914 area, where the 50-day EMA could determine whether the current recovery develops into a more sustained bullish move. While […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
WTI Climbs Back Above $99 as Middle East Tensions Fuel Further Upside Risks
Today Markets Analysis: WTI crude oil has reclaimed the $99 per barrel level, extending its recent advance as escalating Middle East tensions raise concerns over regional supply and keep a geopolitical risk premium embedded in oil prices. With crude trading close to its highest levels since May, the market remains focused on the potential for […]
by Currency Hedger
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- 3 weeks ago
JPY, Technical Analysis, USD
USD/JPY Holds Firm as Fed and BoJ Meetings Set Up Key Test for the Yen
Today Markets Analysis: USD/JPY is holding around 154.80 as the US Dollar remains supported by elevated US Treasury yields and safe-haven demand, while traders await this week’s Federal Reserve and Bank of Japan policy decisions. The pair remains caught between two competing forces: resilient US Dollar demand on one side and growing expectations of further […]
by Currency Hedger
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- 3 weeks ago
Commodities, Technical Analysis
Palm Oil Pushes Above MYR 4,850 as Oil and Weather Risks Clash With Rising Inventories
Today Markets Analysis: Malaysian palm oil futures extended their gains above MYR 4,850 per tonne, supported by a weaker Malaysian ringgit, higher crude oil prices and growing concerns over dry weather in Southeast Asia. However, the rally is facing significant bearish headwinds, with Malaysian inventories at an eight-month high, production increasing and exports weakening. The […]
by Currency Hedger
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- 3 weeks ago
EUR, JPY, Technical Analysis
EUR/JPY Holds Near 178.50 as Yen Weakness Fails to Reverse the Bearish Trend
Today Markets Analysis: EUR/JPY is attempting to stabilise after two consecutive sessions of gains, trading around 178.70 during Asian hours. Despite the recent bounce, the broader technical structure remains bearish, with the cross trapped inside a descending channel and trading below its key short-term moving averages. The interesting feature of the current market is the […]
by Currency Hedger
- 0 Comments
- 3 weeks ago