Technical Analysis
Energies, Market Analysis, Technical Analysis
European Natural Gas Prices Retreat as Tight Storage and Hormuz Risk Keep Winter Supply in Focus
European natural gas prices are easing after a sharp previous advance, but the broader market remains highly sensitive to Middle East developments, LNG availability and Europe’s relatively low storage levels heading into winter. Gas prices remain substantially higher than at the start of the year, reflecting continued uncertainty surrounding the Strait of Hormuz and the […]
by Currency Hedger
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- 3 days ago
Commodities, Technical Analysis
Live Cattle Futures Rally as Tight Supplies and Lower Feed Costs Support Prices
Live cattle futures are pushing higher as firm cash cattle values, restricted market-ready supplies and significantly lower year-on-year slaughter continue to support the market. Feeder cattle are also gaining strongly as weaker corn prices improve feed-cost expectations and support feedlot economics. The fundamental picture remains underpinned by tight cattle availability, while mixed boxed beef values […]
by Currency Hedger
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- 3 days ago
Market Analysis, Technical Analysis
Markets in upbeat mood, as UK economy surprises on the upside
Key takeaways Markets are in an upbeat mood this morning, and stocks and bonds are rallying together even though inflation in France was stronger than expected and UK GDP also received a surprise upside revision for the second quarter. This suggests that the main driver for sovereign bonds right now is the oil price. Brent […]
by Currency Hedger
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- 4 days ago
Market Analysis, Metals, Technical Analysis
Gold edges lower as Fed hike bets and Middle East jitters underpin USD
Gold (XAU/USD) edges lower during the Asian session on Wednesday, reversing part of the previous day’s modest recovery gains from the $4,100 neighborhood, or the lowest level since August 5, touched earlier this week. The downside, however, seems cushioned as traders keenly await important US macro data before placing fresh directional bets on the commodity. […]
by Currency Hedger
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- 4 days ago
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 days 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 days 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 days 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 days 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 days 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 days ago