Please fill out the form below and we will get back to you as soon as possible.
Technical Analysis
NZD, Technical Analysis
New Zealand Dollar edges higher to near 0.5850 ahead of US PPI inflation data
The NZD/USD pair gathers strength to around 0.5845 during the early Asian session on Thursday, bolstered by a softer US Dollar (USD). All eyes will be on the upcoming Producer Price Index (PPI) data due on Thursday. Traders will keep an eye on the US inflation data later this week, which could shed fresh light on the […]
by Currency Hedger
- 0 Comments
- 4 days ago
Institutional, Technical Analysis
Trade of The Day – Coffee
Facts: Recommendation: COFFEE (D1) Source: xStation5 OPINION: After the breakout from a double top pattern, the price is highly likely to be entering a new market regime, with the current target direction defined by a parallel descending channel. The downward move is strongly supported by the so-called “Death Cross” (EMA100 and EMA200). Based on the […]
by Currency Hedger
- 0 Comments
- 4 days ago
NZD, Technical Analysis
NZD/USD Price Forecast: Rises in limited range with US CPI in focus
The New Zealand Dollar (NZD) trades 0.13% higher at around 0.5860 against the US Dollar (USD) during the European trading session on Wednesday, but remains inside Tuesday’s trading range. The Kiwi pair gains as the US Dollar underperforms despite Federal Reserve (Fed) interest rate hike expectations. At press time, the US Dollar Index (DXY), which gauges the […]
by Currency Hedger
- 0 Comments
- 5 days ago
Metals, Technical Analysis
Silver Price XAG/USD approaches $67.00 as bulls await trading range breakout
Silver (XAG/USD) builds on its intraday ascent and climbs back closer to the weekly high, around the $67.00 neighborhood during the early European session on Wednesday. The white metal, however, remains confined within a familiar range held over the past week or so, warranting some caution for bulls ahead of the crucial US inflation figures. From […]
by Currency Hedger
- 0 Comments
- 5 days ago
Metals, Technical Analysis
Gold recovers further from one-week low, retakes $4.400 amid sustained USD selling
Gold (XAU/USD) builds on its intraday recovery from a one-week low and reclaims the $4,400 mark heading into the European session on Wednesday. The commodity, for now, seems to have snapped a three-day losing streak amid a weaker US Dollar (USD), which remains depressed near its lowest level in over two weeks amid the Bank […]
by Currency Hedger
- 0 Comments
- 5 days ago
AUD, Technical Analysis
AUD/USD Approaches four-year high near 0.7280
The Australian Dollar (AUD) is higher against its major currency peers, except the Japanese Yen (JPY), on Wednesday, trading 0.16% up at around 0.7230 against the US Dollar (USD) during the European session. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar […]
by Currency Hedger
- 0 Comments
- 5 days ago
Commodities, Institutional, Technical Analysis
Chart of the Day: Wheat rebounds 3% after pulling back from multi-year highs
Chicago wheat futures (WHEAT) are up more than 3% today as investors price in a more persistent reduction in supply amid the ongoing war between Ukraine and Russia, with both sides targeting exports and disrupting key logistics routes. WHEAT chart (D1 interval) Over the past several sessions, selling pressure in wheat was visible across all […]
by Currency Hedger
- 0 Comments
- 6 days ago
NZD, Technical Analysis, USD
New Zealand Dollar struggles after China’s Trade Balance data
NZD/USD extends its losses for the third successive day, trading around 0.5850 during the Asian hours on Tuesday. The pair is depreciating as the New Zealand Dollar (NZD) remains under pressure following the release of trade data from China, New Zealand’s major trading partner. China’s August Trade Balance reached $119.09 billion, aligning closely with forecasts […]
by Currency Hedger
- 0 Comments
- 6 days ago
AUD, JPY, Technical Analysis
AUD/JPY Weakens below 111.00, remains capped below 100-day SMA
The AUD/JPY cross trades in negative territory around 110.75 during the early European trading hours on Tuesday. A slew of hawkish comments from the Bank of Japan (BoJ) policymakers have cemented views that the BoJ will raise interest rates this month, supporting the Japanese Yen (JPY) against the Australian Dollar (AUD). BoJ board member Hajime Takata said last […]
by Currency Hedger
- 0 Comments
- 6 days ago
JPY, Technical Analysis
Japanese Yen rises to seven-month high on BoJ rate hike bets
The USD/JPY pair falls to around 153.50 during the early European trading hours on Tuesday. The Japanese Yen (JPY) strengthens to a seven-month high against the US Dollar (USD) amid growing expectations of a Bank of Japan (BoJ) interest-rate hike. The key US inflation data will be in the spotlight later this week. Growing trader bets […]
by Currency Hedger
- 0 Comments
- 6 days ago