Technical Analysis
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Copper SLIDES Toward Weekly Loss as China Demand Weakens and Supply Risks Build
Copper futures steadied around $6.52 per pound on Friday but remained on track for a nearly 3% weekly decline as…
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XAG/USD rises to near $61.40 as US yields retreat, NFP eyed
Silver price gains to near $61.40 as US Treasury Yields retreat from its multi-decade high. Fed’s Logan sees at least…
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USD/CAD Price Forecast: Falls to near 1.4200 after pulling back from nearly 18-month highs
USD/CAD may rebound toward the nearly 18-month high of 1.4262. The 14-day Relative Strength Index near 74 signals overbought conditions.…
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Gold struggles to lure buyers amid bullish USD; eye US NFP for Fed rate cues
Gold remains confined in a range as traders opt to wait for the release of the US NFP report. The…
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GBP/USD Price Forecast: Likely retest YTD low near 1.3140
The British Pound is up at around 1.3208 against the US Dollar ahead of the US NFP data for September.…
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EUR/USD Price Forecast: Next move hinges on US NFP data
EUR/USD finds cushion near 1.1215 after a four-day losing streak. Investors keenly await the preliminary Eurozone HICP and the US…
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WTI Price Forecast: Dips to $91.50 as Middle East jitters limit losses
WTI struggles to capitalize on its recovery gains registered over the past two days. The US-Iran standoff acts as a…
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Soybeans SLIDE Toward 5-Week Low as Record US Crop and Weak China Demand Weigh
Soybean futures fell to around $12.70 per bushel on Friday, approaching a five-week low as harvest pressure from expectations for…
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European Gas Prices SLIDE Below €73 as LNG Supplies Rise but Winter Risks Loom
European natural gas prices fell below €73/MWh on Friday, giving back part of their recent gains as softer Asian LNG…
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Palladium Slides to 1-Year Low
Palladium futures fell to around $1,170 per ounce, reaching a one-year low as a stronger U.S. dollar and elevated Treasury…
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