Technical Analysis
Institutional, JPY, Technical Analysis
USDJPY drops 1% breaking 155
USDJPY pair sets lowest levels since February, breaking through previous intervention levels from August The USDJPY pair recorded another dynamic drop today of over 1%, breaking through previous post-intervention lows (155.23) and the psychological barrier of 155.00, reaching the 154 level. The yen is at its strongest against the US dollar since February, even despite […]
by Currency Hedger
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- 2 months ago
GBP, Institutional, Technical Analysis
British Pound edges higher against US Dollar, UK Chancellor Healey’s speech eyed
The British Pound (GBP) is marginally higher at around 1.3525 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair ticks up as the US Dollar struggles to attract bids despite the United States (US) Bureau of Labor Statistics (BLS) posting strong Nonfarm Payrolls (NFP) figures for August. At press time, the […]
by Currency Hedger
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- 2 months ago
Institutional, Technical Analysis
The Week Ahead
Key takeaways The Week Ahead: US CPI to determine whether the Fed pulls the trigger this month Markets are quiet at the start of a new week. The euro is mostly stable, even though the AfD, a far right party in Germany, won the state elections in Saxony-Anhalt on Sunday. This is the first time […]
by Currency Hedger
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- 2 months ago
EUR, Technical Analysis
EUR/USD Price Holds key 100-day SMA at start of the US CPI week
The Euro (EUR) trades marginally lower at around 1.1610 against the US Dollar (USD) during the Asian trading session on Monday. The major currency pair edges down as the US Dollar ticks up, with investors turning cautious at the start of the United States (US) Consumer Price Index (CPI) week. Investors will pay close attention to […]
by Currency Hedger
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- 2 months ago
Metals, Technical Analysis
XAG/USD holds losses near $66.00 due to Fed rate hike bets
Silver price (XAG/USD) inches higher after opening at a bearish gap, remaining in negative territory and trading around $66.10 per troy ounce during Asian hours on Monday. Silver prices remain under pressure as stronger-than-expected United States (US) employment data fuels expectations of an imminent Federal Reserve interest rate hike. According to the US Bureau of Labor Statistics, August Nonfarm […]
by Currency Hedger
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- 2 months ago
AUD, Technical Analysis
AUD/USD Price Forecast: Consolidates around 0.7200; bullish potential seems intact
The AUD/USD pair holds steady around the 0.7200 mark at the start of a new week and remains close to its highest level since mid-May, touched on Friday. The Australian Dollar (AUD) continues to be underpinned by rising bets for a rate hike by the Reserve Bank of Australia (RBA) in September, bolstered by stronger-than-expected […]
by Currency Hedger
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- 2 months ago
CAD, Technical Analysis
The CAD moves little despite weaker US Dollar, higher oil prices
USD/CAD remains steady after registering modest gains in the previous day, trading around 1.3830 during Asian hours on Monday. However, the pair could face downside pressure as the commodity-linked Canadian Dollar (CAD) may gain support from rising crude oil prices, given Canada’s position as a leading crude exporter. West Texas Intermediate (WTI) rebounded toward $90.00 […]
by Currency Hedger
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- 2 months ago
Metals, Technical Analysis
XAU/USD falls below $4,400 as strong US jobs data raise the prospects for Fed rate hike
Gold price (XAU/USD) tumbles to near $4,395 during the early Asian session on Monday. The precious metal extends the decline as robust US employment data boost US Federal Reserve (Fed) rate hike bets. The US Nonfarm Payrolls (NFP) climbed by 162K in August, the US Bureau of Labor Statistics (BLS) revealed on Friday. This figure followed July’s […]
by Currency Hedger
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- 2 months ago
Institutional, Technical Analysis, USD
Trade of The Day – USD/ZAR
Facts Recommendation Figure 1: USDZAR (04.01.2025 – 04.09.2026) Source: xStation, 04.09.2026 (3:22 PM) Opinion Over the last month, the South African rand has strengthened against the US dollar by over 2.5%. The reasons for this movement can be found in two key factors: rising gold prices and an increase in bets for interest rate hikes […]
by Currency Hedger
- 0 Comments
- 2 months ago
Metals, Technical Analysis
Gold drops sharply following strong NFP
Highest employment growth since March renews expectations for a Fed rate hike in September The price of gold dropped by about $80 per ounce to levels below $4,400 per ounce in the initial reaction following strong NFP data. The better-than-expected reading triggered an immediate strengthening of the US dollar and a rise in US Treasury […]
by Currency Hedger
- 0 Comments
- 2 months ago