Technical Analysis
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Slips below 178.00 as bearish bias strengthens
EUR/JPY remains subdued for the fourth successive day, trading around 177.70 during Asian hours on Wednesday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel pattern. This continuous formation reinforces a persistent bearish outlook for the pair. The EUR/JPY cross is holding a bearish near-term bias as […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, Metals, Technical Analysis
XAG/USD hangs near eight-week low; bears retain control near $61.00
Silver (XAG/USD) attracts some sellers near the $61.75 area during the Asian session on Wednesday, stalling the previous day’s recovery from the $60.30 region, or the lowest level since August 5. The white metal currently trades near the $61.00 mark, down around 0.70% for the day, as traders now look to the US Personal Consumption […]
by Currency Hedger
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- 4 weeks ago
CHF, Market Analysis, Technical Analysis, USD
Swiss Franc remains near 16-month lows as rate hike odds lift US Dollar
USD/CHF continues its winning streak for the sixth successive trading day, trading near its 16-month high of 0.8358 during Asian hours on Wednesday. The currency pair appreciates as the US Dollar (USD) gains ground, backed by firming market expectations for additional Federal Reserve (Fed) interest rate hikes. CME FedWatch Tool data indicates that traders are […]
by Currency Hedger
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- 4 weeks ago
EUR, Market Analysis, Technical Analysis, USD
Euro stays pressured below 1.1350, near YTD low vs bullish USD ahead of US PCE, Q2 GDP
The EUR/USD pair remains under some selling pressure for the third straight day and trades around the 1.1330 region during the Asian session on Wednesday, near its lowest level since May 2025, which it touched the previous day. Moreover, the fundamental backdrop seems tilted in favor of bearish traders and suggests that the path of […]
by Currency Hedger
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- 4 weeks ago
GBP, Market Analysis, Technical Analysis, USD
GBP/USD Price Forecast: Weakens below 1.3250, technical barriers sustain bearish bias
The GBP/USD pair loses momentum to near 1.3225 during the early European trading hours on Wednesday. Surging US Treasury yields and the hawkish stance of the Federal Reserve (Fed) provide some support to the US Dollar (USD) against the British Pound (GBP). Chicago Fed President Austan Goolsbee said on Tuesday that inflation remaining above the […]
by Currency Hedger
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- 4 weeks ago
Currency Talk, Market Analysis, Technical Analysis, USD
Rupiah Recovers as Bank Indonesia Strengthens Currency Support Despite Inflation and Dollar Pressure
The Indonesian rupiah is trading near IDR 17,850 per U.S. dollar as Bank Indonesia reinforces its currency-stabilisation strategy while the dollar remains supported by firm US inflation expectations and a relatively hawkish Federal Reserve outlook. The rupiah is recovering in the near term, although the currency remains on course for a modest monthly decline. Bank […]
by Currency Hedger
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- 4 weeks ago
Commodities, Market Analysis, Technical Analysis
Soybean Futures Rebound as Tighter US Stocks and Lower Brazil Exports Support Prices
Soybean futures are finding renewed buying interest as expectations for tighter US old-crop inventories combine with lower Brazilian export estimates and weather uncertainty across the US Midwest. The market is also approaching an important US Grain Stocks report, where the expected inventory figure is below the previous year’s level. US soybean harvest is progressing at […]
by Currency Hedger
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- 4 weeks ago
Commodities, Market Analysis, Technical Analysis
Corn Futures Slip as Harvest Advances and Large US Stocks Weigh on Prices
Corn futures remain under pressure as advancing US harvest activity, expectations for large domestic inventories and a slower Brazilian export outlook weigh on prices. The market is entering a period when increasing physical availability could keep rallies contained, while traders assess whether current supply estimates already reflect the scale of the incoming crop. US harvest […]
by Currency Hedger
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- 4 weeks ago
Commodities, Hedging, Market Analysis, Technical Analysis
Wheat Futures Hold Mixed as US Planting Lags While Stocks and Global Supply Weigh on Prices
Wheat futures are trading with a mixed tone as traders balance slower US winter wheat planting against expectations for relatively large domestic stocks and ample global availability. Chicago SRW is holding modest gains in nearby contracts, while Kansas City HRW is stronger and Minneapolis spring wheat remains under pressure. The latest US planting data shows […]
by Currency Hedger
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- 4 weeks ago
Commodities, Market Analysis, Technical Analysis
Live Cattle Holds Firm as Stronger Beef Prices Offset Slower Slaughter
Live cattle futures are holding a relatively firm tone as stronger wholesale beef prices provide support despite cattle slaughter running below last year’s pace. Nearby live cattle contracts are showing limited movement, while deferred contracts are slightly higher and feeder cattle futures are advancing more decisively. Cash cattle is beginning to trade around $350 in […]
by Currency Hedger
- 0 Comments
- 4 weeks ago