Technical Analysis
Commodities, Technical Analysis
Wheat Price Forecast: Futures Fall Across Chicago, Kansas City and Minneapolis as Export Demand Weakens
US wheat futures declined across all three major markets, with Chicago Soft Red Winter (SRW), Kansas City Hard Red Winter (HRW) and Minneapolis spring wheat contracts all closing lower. Weak export inspections and marketing-year shipments significantly below last year’s levels are weighing on sentiment, while winter wheat planting is running slightly behind its five-year average. […]
by Currency Hedger
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- 3 weeks ago
Commodities, Technical Analysis
Live Cattle and Feeder Cattle Forecast: Futures Rise as Tight Supply Supports Prices
US live cattle and feeder cattle futures moved higher, with buying supported by Friday’s Cattle on Feed report, which showed September placements at a record low for the month. Stronger wholesale beef prices and rising feeder cattle auction values also point to firm underlying market conditions. The technical bias is cautiously bullish following the latest […]
by Currency Hedger
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- 3 weeks ago
Commodities, Technical Analysis
Soybean Price Forecast: Brazilian Real Weakness Pressures US Futures Despite Strong Export Demand
US soybean futures came under pressure, with contracts falling between 7¼ and 16 cents as Brazil’s political developments triggered a sharp decline in the Brazilian real. The weaker currency makes Brazilian soybeans more competitive internationally, increasing pressure on US export pricing. However, strong US shipments, including substantial demand from China, provide an important counterweight. The […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
US Natural Gas Price Forecast: Mild Weather and Rising Production Keep Futures Under Pressure
US natural gas prices remain under pressure at $2.59 per MMBtu, following a two-year low in the previous session. Forecasts for warmer-than-normal weather across much of the eastern United States are weakening heating-demand expectations, while rising production is adding to supply concerns. However, stronger liquefied natural gas (LNG) export flows are helping cushion further losses. […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Gold holds above $4,000 as USD bulls await FOMC decision
Gold (XAU/USD) meets with a fresh supply during the Asian session on Tuesday, stalling the previous day’s modest bounce from the vicinity of a three-month low amid a firmer US Dollar (USD). The precious metal, however, defends the $4,000 psychological mark as traders now seem hesitant and opt to wait for the outcome of the […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
XAG/USD falls toward 11-month lows after slipping below $54.00
Silver price (XAG/USD) depreciates after posting minor gains in the previous day, trading around $53.80 per troy ounce during Asian hours on Tuesday. Non-yielding Silver is trading near an 11-month low of $53.01, recorded on Monday, as elevated energy prices keep inflation risks in focus, sustaining expectations for further monetary tightening. However, the downside pressure […]
by Currency Hedger
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- 3 weeks ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Holds gains above 110.50, but bearish outlook persists below 100-day SMA
The AUD/JPY cross trades in positive territory around 110.75 during the early European trading hours on Tuesday. Hawkish tone from the Reserve Bank of Australia (RBA) provides some support to the Australian Dollar (AUD) against the Japanese Yen (JPY). Australia’s September inflation data will be the highlight later on Wednesday. On Friday, the Bank of […]
by Currency Hedger
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- 3 weeks ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds above 176.00 despite bearish bias
EUR/JPY remains stronger for the second successive day, trading around 176.20 during Asian hours on Tuesday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish bias as it holds beneath both the nine- and 50-day Exponential Moving […]
by Currency Hedger
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- 3 weeks ago
KRW, Market Analysis, Technical Analysis
South Korean Won Forecast: Currency Extends Gains as Dollar Selling Intensifies
The South Korean won has strengthened to around 1,324 per US dollar, reaching its strongest level since October 2024. Month-end dollar selling by exporters and offshore investors has increased the supply of US dollars, while stronger-than-expected economic growth and supportive comments from the Bank of Korea have reinforced the won’s recovery. However, elevated oil prices […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Copper Prices Rise as AI Optimism Revives Demand Hopes and Tariff Uncertainty Persists
Copper prices are climbing towards $6.55 per pound as renewed enthusiasm for artificial intelligence investments helps the metal recover from multi-week lows. The reported IPO filing by Anthropic has reignited investor interest in the AI trade, bringing renewed attention to copper’s role in expanding data-centre capacity, electricity networks and power infrastructure. The recovery comes as […]
by Currency Hedger
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- 3 weeks ago