Technical Analysis
Market Analysis, NZD, Technical Analysis, USD
New Zealand Dollar rebounds to near 0.5600 amid geopolitical tensions and US CPI focus
The NZD/USD pair recovers some lost ground around 0.5590 during the early European trading hours on Tuesday. However, the potential upside for the pair might be limited as it currently trades near an 18-month low amid ongoing Middle East tensions and higher oil prices. The key US inflation reports will take center stage later this […]
by Currency Hedger
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- 1 month ago
GBP, Market Analysis, Technical Analysis, USD
GBP/USD Price Forecast: Defends 1.3200 as bears await two-week-old range breakdown
The GBP/USD pair attracts some dip-buyers near the 1.3200 mark during the Asian session on Tuesday, stalling the previous day’s rejection slide from the 100-period Simple Moving Average (SMA) on the 4-hour chart. Spot prices, however, remain confined in a familiar range held over the past three weeks or so, warranting some caution before positioning […]
by Currency Hedger
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- 1 month ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Remains below 177.00 as bearish bias prevails
EUR/JPY loses ground for the second successive day, trading around 176.90 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross retains a bearish near-term bias as it holds below both the 9- and 50-day Exponential […]
by Currency Hedger
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- 1 month ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Forecast: Dollar Strength and Inflation Risks Keep IDR Under Pressure
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Indonesian rupiah remains vulnerable to external dollar strength and domestic inflation pressures, with USD/IDR trading around IDR 17,900 per US dollar in the supplied market snapshot. Ahead of key US inflation data, the direction of the dollar and changes in global risk sentiment are […]
by Currency Hedger
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- 1 month ago
Commodities, Technical Analysis
Live Cattle Price Forecast: Firm Feeder Demand Offsets Mixed Futures Trading
Contributor: Currency HedgerMarket Analysis: Louis Roche, Today Markets US live cattle and feeder cattle futures traded unevenly in the latest session, with most nearby contracts moving lower despite firm prices at feeder auctions and continued support from the physical cattle market. October live cattle settled at $224.750 per hundredweight, while December fell to $226.600. February […]
by Currency Hedger
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- 1 month ago
Commodities, Technical Analysis
Coffee Price Forecast: Colombian Output Falls as Brazil and Vietnam Supply Outlooks Weigh
Contributor: Currency HedgerMarket Analysis: Louis Roche, Today Markets Coffee futures advanced in the latest session as lower production and exports from Colombia added support to arabica prices, while concerns over a possible El Niño weather pattern raised uncertainty about Brazil’s next crop. December New York arabica coffee rose 1.27%, while November London robusta gained 0.23%. […]
by Currency Hedger
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- 1 month ago
Commodities, Technical Analysis
Cocoa Price Forecast: West African Harvest Risks Support Prices as Inventories Rise
Contributor: Currency HedgerMarket Analysis: Louis Roche, Today Markets Cocoa futures are showing mixed but slightly positive price action as concerns over heavy rainfall in the Ivory Coast compete with evidence of rising inventories and pressure on global chocolate demand. December New York cocoa advanced 0.19%, while December London cocoa gained 0.78% in the latest session. […]
by Currency Hedger
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- 1 month ago
Commodities, Technical Analysis
Sugar Price Forecast: Futures Rally as El Niño Risks Threaten Global Supplies
Contributor: Currency HedgerMarket Analysis: Louis Roche, Today Markets Sugar futures rallied sharply in the latest session as concerns over a potentially powerful El Niño weather pattern added to existing supply-side risks. March New York raw sugar rose 2.96% to settle at 20.87 cents per pound, while December London white sugar advanced 3.35% to 562.00 per […]
by Currency Hedger
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- 1 month ago
Commodities, Technical Analysis
Cotton Price Forecast: Futures Edge Higher as Crude Oil and the US Dollar Strengthen
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Cotton futures are showing modest gains, with contracts advancing between 6 and 22 points as the market attempts to build upward momentum. December 2026 cotton settled at 80.60 cents per pound, while March 2027 futures rose to 83.81 cents and May 2027 contracts reached 85.48 […]
by Currency Hedger
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- 1 month ago
Energies, Market Analysis, Technical Analysis
Coal Price Forecast: Futures Hold Near Three-Year High as LNG Costs Support Demand
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Coal futures are trading just below $150 per tonne, remaining near a three-year high as elevated liquefied natural gas (LNG) prices encourage power generators to turn towards cheaper coal supplies. With coal reportedly costing around 80% less than LNG, buyers in Asia and Europe are […]
by Currency Hedger
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- 1 month ago