Technical Analysis
Market Analysis, Metals, Technical Analysis
Gold remains depressed below $4,000 as USD extends rally on Fed hike bets, Mideast risks
Gold (XAU/USD) sticks to its bearish tone for the third straight day on Thursday, trading below the $4,000 psychological mark and near its lowest level in more than a week, touched during the Asian session. The US Dollar (USD) extends a hot US consumer inflation figures-led rally amid Federal Reserve (Fed) rate-hike expectations and Middle […]
by Currency Hedger
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- 3 days ago
CAD, Market Analysis, Technical Analysis, USD
USD/CAD Price Forecast: Strengthens above 1.4250, retains positive bias above 100-day SMA
The USD/CAD pair gains momentum to around 1.4260 during the early European trading hours on Thursday. Falling crude oil prices exert some selling pressure on the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD). Russian and Ukrainian negotiators reached an agreement on a major prisoner exchange following two days of peace talks in Abu […]
by Currency Hedger
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- 3 days ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Declines below 1.1100, negative outlook remains intact under 100-day SMA
The EUR/USD pair declines to near 1.1080 during the early European trading hours on Thursday. A cautious stance from the European Central Bank (ECB) weigh on the Euro (EUR) against the US Dollar (USD). ECB policymaker Philip Lane said that energy prices may be falling, but the central bank’s interest rate decisions will depend on […]
by Currency Hedger
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- 3 days ago
GBP, Market Analysis, Technical Analysis
UK GDP expected to show economic growth accelerating in Q3
The highlight of the United Kingdom’s (UK) economic calendar this week will be the preliminary estimate of third-quarter Gross Domestic Product (GDP), which the Office for National Statistics will release on Thursday. The market is bracing for 0.7% growth in the three months to September, following 0.5% growth in the second quarter of 2026, with […]
by Currency Hedger
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- 3 days ago
Commodities, Market Analysis, Technical Analysis
Palm Oil Prices Extend Recovery as Softer Stock Build and Seasonal Supply Risks Support Market
Malaysian palm oil futures are pushing higher, trading near MYR 4,450 per tonne as bargain hunting, a weaker ringgit and firmer competing edible oils provide support. The recovery is moving prices further away from their lowest levels since early March, although concerns over slowing export demand and rising Malaysian production continue to limit the upside. […]
by Currency Hedger
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- 3 days ago
Commodities, Market Analysis, Technical Analysis
Live Cattle Prices Hold Firm as Rising Feeder Markets Contrast With Weakening Beef Values
Live cattle futures are showing relative resilience, while the feeder cattle market continues to attract buying interest. However, the wider US cattle complex faces conflicting signals: feeder cattle prices are advancing, wholesale beef values are declining, and cash trade has yet to establish direction for the week. The latest futures activity points to continued strength […]
by Currency Hedger
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- 3 days ago
Commodities, Market Analysis, Technical Analysis
Coffee Prices Remain Under Pressure as Rising Brazilian and Vietnamese Supplies Weigh on Market
Coffee prices remain under pressure as expectations of increased exports from Brazil, rising warehouse arrivals and stronger production forecasts reinforce concerns over global supply. December New York arabica coffee (KCZ26) declined 0.88% on Wednesday, losing 2.40 points, while January ICE robusta (RMF27) slipped 0.15%, down 5 points. Arabica extended its three-week decline, reaching a 4.75-month […]
by Currency Hedger
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- 3 days ago
Commodities, Market Analysis, Technical Analysis
Cocoa Prices Rebound as Ivory Coast Rain Disrupts Shipments and El Niño Threatens Production
Cocoa prices are attracting renewed buying interest as heavy rainfall in the Ivory Coast disrupts the movement of cocoa beans to collection centres, raising concerns over near-term export availability. December New York cocoa (CCZ26) advanced 3.48%, gaining 165 points, while December London cocoa #7 (CAZ26) rose 3.44%, adding 125 points. The recovery follows several weeks […]
by Currency Hedger
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- 3 days ago
Commodities, Market Analysis, Technical Analysis
Sugar Prices Gain Momentum as Crude Oil Strengthens and Global Supply Risks Build
Sugar prices are attracting renewed buying interest as stronger crude oil prices improve the economics of ethanol production and raise the possibility that mills in major producing countries could divert more sugarcane towards biofuel rather than sugar. The latest advance follows a period of considerable pressure from Brazilian currency weakness and expectations of stronger Indian […]
by Currency Hedger
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- 3 days ago
Commodities, Market Analysis, Technical Analysis
Cotton Prices Face Pressure as Tighter US Supply Meets Weakening Demand Signals
Cotton futures finished Wednesday’s session mostly lower, with contracts ranging from unchanged to 17 points down as traders assessed the latest US production estimates, declining cotton output and physical-market indicators. December 2026 cotton settled at 78.52 cents per pound, down 17 points, while March 2027 closed at 82.39 cents, down 12 points. May 2027 finished […]
by Currency Hedger
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- 3 days ago