Technical Analysis
INR, Market Analysis, Technical Analysis
Indian Rupee Weakens Towards 95 Per Dollar as Foreign Inflows Fade and Oil Prices Surge
The Indian rupee is weakening towards 95.0 per US dollar as foreign investment support fades and elevated crude oil prices increase pressure on India’s external balance. The currency has retreated from recent multi-week highs, with investors watching whether foreign portfolio outflows and rising energy-import costs will intensify demand for US dollars. Support from inflows associated […]
by Currency Hedger
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- 3 weeks ago
KRW, Market Analysis, Technical Analysis
South Korean Won Hits Two-Year High at 1,320 Against US Dollar as USD/KRW Extends Decline
The South Korean won has strengthened to its highest level since October 2024, with the USD/KRW exchange rate touching 1,320. The move extends a broader decline in the US dollar against the won, reflecting sustained appreciation in the Korean currency over both the short and longer-term periods. USD/KRW has fallen by 2.86% over the past […]
by Currency Hedger
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- 3 weeks ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Declines below 110.50 as bearish bias persists below 100-day SMA
The AUD/JPY cross trades in negative territory around 110.35 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as hawkish language may reinforce expectations that the Bank of Japan (BoJ) will raise interest rates this year. The majority of economists polled by Reuters expect a rate hold […]
by Currency Hedger
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- 3 weeks ago
EUR, Market Analysis, Technical Analysis
Euro edges higher above 1.1200 despite French debt worries
The EUR/USD pair recovers some lost ground to near 1.1220 during the early Asian trading hours on Monday. However, the potential upside for the pair might be limited amid concerns over French unrest and political risks. Germany’s IFO reports are due later on Monday. CNBC reported that protests throughout France over the worsening cost of […]
by Currency Hedger
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- 3 weeks ago
GBP, Market Analysis, Technical Analysis
British Pound edges higher vs weak USD as focus remains glued to this week’s FOMC meeting
The GBP/USD pair attracts some dip-buyers near the 1.3360 area during the Asian session on Friday, stalling last week’s modest pullback from its highest level since September 16. Bulls, however, might await sustained strength and acceptance above the 1.3400 mark before placing fresh bets as the market focus remains glued to this week’s key central […]
by Currency Hedger
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- 3 weeks ago
EUR, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Falls below 176.00 after a bullish gap opening
EUR/JPY gains ground after three days of losses, trading around 175.90 during Asian hours on Monday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, indicating a persistent bearish bias. The EUR/JPY cross is keeping a bearish near-term tone as it holds below both the nine- and 50-period […]
by Currency Hedger
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- 3 weeks ago
CHF, Market Analysis, Technical Analysis
Swiss Franc advances as US Dollar weakens on Fed rate pause expectations
USD/CHF depreciates after registering over 0.5% gains the previous day, trading around 0.8230 during Asian hours on Monday. The pair loses ground as the US Dollar (USD) declines as the Federal Reserve (Fed) is widely expected to hold interest rates steady before potentially pursuing another rate hike in December. According to the CME FedWatch Tool, […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
US Natural Gas Plunges to $2.51 as Warm Weather Forecasts Weigh on Heating Demand
US natural gas prices have fallen more than 4% to $2.51 per MMBtu, reaching their lowest level since October 2024 as warmer-than-normal weather forecasts reduce expectations for near-term heating demand. The decline reflects a combination of subdued consumption expectations and a recovery in domestic production, although strong flows to liquefied natural gas (LNG) export terminals […]
by Currency Hedger
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- 3 weeks ago
Commodities, Technical Analysis
Malaysian Palm Oil Falls Below MYR 4,800 as Dalian Weakness and Lower Crude Prices Offset Export Surge
Malaysian palm oil futures have fallen below MYR 4,800 per tonne, reversing recent gains as weakness in competing edible oils and lower crude oil prices weigh on market sentiment. The decline comes despite a strong increase in Malaysian export shipments and additional support from festival-related buying in India, the world’s largest palm oil importer. Pressure […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Gold Falls Below $4,000 as Middle East Tensions and Higher Rate Expectations Weigh on Bullion
Gold is trading below $4,000 per ounce, hovering near its lowest level in more than three months as investors assess escalating geopolitical tensions in the Middle East and prepare for key central bank decisions. Despite the region’s rising security risks, the prospect of persistently higher interest rates is weighing on the precious metal. Uncertainty surrounding […]
by Currency Hedger
- 0 Comments
- 3 weeks ago