Technical Analysis
Commodities, Market Analysis, Technical Analysis
Cotton Price Forecast: Futures Retreat as US Export Sales Lag Seasonal Expectations
Cotton futures closed lower across the market, with contracts losing between 15 and 59 points as traders weighed weaker price action against improving international benchmark values and continued speculative support. December 2026 cotton settled at 80.20 cents per pound, down 59 points, although the contract still managed a 20-point gain over the week. The market […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Live Cattle Price Forecast: US Cattle Futures Strengthen as Record-Low Placements Tighten Supply Outlook
US live cattle and feeder cattle futures remain supported by tightening supply conditions, with feeder contracts posting strong gains and live cattle futures holding near elevated levels. December 2026 live cattle gained $2.77 over the week, while feeder cattle futures advanced sharply, supported by expectations of constrained cattle availability and historically low placements into feedlots. […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Soybean Price Forecast: Futures Rebound as US Export Sales Surge 81% Year Over Year
US soybean futures moved higher across the curve in the latest session, supported by exceptionally strong export sales compared with the previous year. November 2026 soybeans gained 3½ cents to close at $12.5625 per bushel, while the national average cash soybean price advanced to $11.9925. Despite the latest gains, November futures remain down 4¾ cents […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Corn Price Forecast: US Corn Futures Extend Weekly Losses as Export Commitments Trail Expectations
US corn futures remain under pressure, with contracts closing lower across the curve as speculative funds continue to reduce their bullish exposure and export commitments lag behind both last year’s levels and the average seasonal pace. December 2026 corn settled at $4.56 per bushel, down 4½ cents in the latest session and 18¼ cents over […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Wheat Price Forecast: US Wheat Futures Face Selling Pressure as Export Commitments Lag and Black Sea Risks Persist
Wheat futures remain under pressure, with Chicago SRW, Kansas City HRW and Minneapolis spring wheat contracts recording substantial weekly losses. Although some contracts stabilised during the latest session, the broader market continues to face bearish pressure from speculative positioning and US export commitments that are trailing the usual seasonal pace. Geopolitical uncertainty in the Black […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
XAG/USD recovers from YTD low, outlook remains uncertain
Silver price (XAG/USD) claws back a majority of its early losses and rebounds to near $54.50 in the early European trade on Friday. The white metal bounces back after posting a fresh Year-Till-Date (YTD) low near $53.46. The outlook of the Silver price remains uncertain amid rising oil prices due to energy supply risks. Higher […]
by Currency Hedger
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- 3 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Forecast: IDR Weakness Persists Above 18,000 Despite Softer US Dollar
The Indonesian rupiah remains under pressure near IDR 18,080 per US dollar, extending its weakness despite a softer greenback, falling US Treasury yields and a weaker dollar index. The currency has remained above the 18,000 threshold for a third consecutive session, highlighting the strength of domestic economic and fiscal concerns. The rupiah is on track […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
GBP, JPY, Market Analysis, Technical Analysis
Trade of the Day: GBP/JPY — 23 October 2026
Market: GBP/JPYDirection: LongCurrent Market Price: 210.053Technical Bias: Bullish, subject to confirmation Trade Setup Trade Parameter Level Trade Direction Buy / Long Reference Market Price 210.053 Target 1 210.950 Target 2 211.830 Stop Loss 209.300 Key Support Zone 209.550–209.420 Technical Analysis GBP/JPY remains on watch for a potential bullish continuation following its previous rebound from the […]
by Currency Hedger
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- 3 weeks ago
AUD, Market Analysis, Technical Analysis
Australian Dollar holds above 0.7000 vs recovering USD; remains close to monthly top
The AUD/USD pair struggles to capitalize on the previous day’s bounce from sub-0.7000 levels and seesaws between tepid gains/minor losses during the Asian session on Friday. Nevertheless, spot prices seem poised to register strong weekly gains and remain close to the monthly high, touched on Thursday amid a supportive fundamental backdrop. The recent hawkish comments […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
CHF, Market Analysis, Technical Analysis
Swiss Franc inches lower as US Dollar recovers recent losses
USD/CHF holds ground after three days of losses, trading around 0.8210 during Asian hours on Friday. The currency pair has inched higher as the US Dollar (USD) recovers its daily losses despite mounting doubts regarding the sustainability of the AI trade. Investor confidence weakened after quarterly US earnings reports from several megacap technology companies failed […]
by Currency Hedger
- 0 Comments
- 3 weeks ago