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AUD/USD: Extra weakness likely below 0.6425
AUD/USD resumes its decline and returns to the sub-0.6500 region on Thursday. The move lower in the pair comes despite the US Dollar accelerates its weakness to multi-day lows amid steady bets on a couple of interest rate cuts by the Federal Reserve. AUD/USD Technical Overview If sellers remain in control, AUD/USD might put its key 200-day SMA near 0.6430 to the test sooner rather than later. That said, the loss of that region could prompt spot to revisit the August troug

James Lee
5 hours ago


AUD/USD keeps the constructive outlook above the 200-day SMA
AUD/USD reverses Tuesday’s marked decline and advances past the 0.6500 barrier on Wednesday. The recovery in the Aussie comes on the back of further selling pressure hurting the US Dollar and the generalised recovery in the risk-linked galaxy. Next of note around AUD will be the release of the jobs report in Oz on Thursday AUD/USD Technical Overview AUD/USD faces a strong contention zone around its critical 200-day SMA near 0.6420. Indeed, in case sellers push harder and

James Lee
1 day ago


AUD/USD: Door open to a challenge of the 200-day SMA
AUD/USD remains on the defensive ahead of the opening bell in Asia, hovering just below the 0.6500 hurdle after bottoming out near 0.6440, or multi-week lows, earlier in the day. The resurgence of US-China trade tensions weighed on the Aussie, leaving the door open to extra losses in the very near term. AUD/USD Technical Overview AUD/USD risks a probable descent to its critical 200-day SMA near 0.6420. That said, the continuation of the current bearish trend should face t

James Lee
2 days ago


Gold record run continues beyond $4,100
Gold preserve its bullish momentum to start the week and trades at a new record-high at around $4,100. The political drama in France, the uncertainty surrounding the US-China relations and the impact of the government shutdown allow Gold to remain attractive as a traditional safe-haven asset. XAU/USD Technical Overview From a technical point of view, the XAU/USD pair is bullish. In the daily chart, technical indicators resumed their advance within overbought levels after co

James Lee
3 days ago


EUR/USD Weekly Forecast: Political jitters boosting US Dollar demand
The EUR/USD pair edged lower and bottomed at 1.1542 on Thursday, ending the week in the red in the 1.1570 price zone on Friday. The US...

Yeonhyun Park
4 days ago


Gold plunges to $3,950 on broad US Dollar demand
Gold gives away part of the recent advance, receding from recent all-time tops, piercing the key $4,000 mark per troy ounce on Thursday....

James Lee
Oct 10


AUD/USD faces extra rangebound trade
AUD/USD manages to clinch modest gains on Wednesday amid the continuation of the strong upward trend in the US Dollar. The pair, in the...

James Lee
Oct 9


EUR/USD hovers around daily lows near 1.1650
EUR/USD remains on the defensive and navigates the lower end of its recent range near 1.1650, always on the back of the continuation of...

James Lee
Oct 8


Gold clings to strong gains near record high amid dovish Fed, safe-haven buying
Gold holds sizeable gains and stays comfortably above the $3,900 mark, near the all-time peak touched early this Monday. Uncertainty...

James Lee
Oct 7


AUD/USD rises to near 0.6600 as traders pare RBA dovish bets
The AUD/USD pair gains slightly to near 0.6605 during the European trading session on Friday. The Aussie pair moves higher as the...

James Lee
Oct 6


Gold recovers after flirting with $3,820
Gold remains on the back foot, although it manages well to bounce off the daily contention area around $3,820 per troy ounce. The yellow...

James Lee
Oct 3


EUR/USD trims gains, back to 1.1730
EUR/USD now faces some selling pressure, giving away part of its earlier advance and returning to the 1.1740-1.1730 band on the back of...

James Lee
Oct 2


AUD/USD surges above 0.6600 as RBA warns of upside inflation risks
The AUD/USD pair jumps to near 0.6600 during the European trading session on Tuesday. The Aussie pair has been trading strongly as the...

James Lee
Oct 1


AUD/USD jumps to near 0.6570 as US Dollar underperforms, RBA policy in focus
The AUD/USD pair trades 0.35% higher around 0.6570 during the European trading session on Monday. The Aussie pair trades firmly as the US...

James Lee
Sep 30


Global Oil Market Report — September 2025
The global oil market has entered a phase of relative stability in September 2025 following periods of price volatility earlier in the...

Richard Hwang
Sep 29


USD/JPY slips as US PCE data and tariff concerns curb Greenback’s momentum
The Japanese Yen (JPY) firms against the US Dollar (USD) on Friday, with USD/JPY taking a breather after a sharp two-day rally that had...

Yeonhyun Park
Sep 29


AUD/USD wobbles around 0.6600 ahead of key US data release
AUD/USD trades sideways around 0.6600 ahead of the release of the US data. Investors will closely monitor the US Initial Jobless Claims...

James Lee
Sep 26


EUR/USD drops below 1.1750 on renewed USD strength
EUR/USD stays under bearish pressure and trades below 1.1750 on Wednesday. Disappointing business sentiment data from Germany weigh on...

James Lee
Sep 25


AUD/USD recovers early losses as US Dollar struggles to extend upside
The AUD/USD pair claws back its early losses and rebounds to near 0.6590 during the European trading session on Monday. The Aussie pair...

James Lee
Sep 23


NZD/USD Price Forecast: USD bulls keep Kiwi pair below 200-day EMA
The NZD/USD pair slides to near 0.5855 during the late European trading session on Friday, the lowest level seen in 10 days. The Kiwi...

Yeonhyun Park
Sep 22


Canadian Dollar pares away more gains as US Dollar recovers ground
The Canadian Dollar (CAD) stumbled into a second straight day of declines on Thursday. The US Dollar (USD) continues to gain ground...

Yeonhyun Park
Sep 19


EUR/USD trims losses, revisits 1.1860 ahead of the Fed
Following an early drop to the 1.1830 zone, EUR/USD now picks up some upside impulse and retest the 1.1860 zone, down marginally for the...

James Lee
Sep 18


AUD/USD holds onto gains near 0.6670 as US Dollar declines further
AUD/USD clings to gains near 0.6670 amid weakness in the US Dollar. The Fed is certain to cut interest rates in the policy meeting on...

James Lee
Sep 17


Gold rises above $3,660 as US yields turn south
Gold gathers bullish momentum and trades above $3,660 after falling toward $3,620 in the European session on Monday. Growing expectations...

James Lee
Sep 16


NZD/USD: Unlikely to be able to break above 0.5990
There is room for New Zealand Dollar (NZD) to rise further, but it is unlikely to be able to break above 0.5990 today. In the longer run,...

Yeonhyun Park
Sep 15


USD/CHF eases as Greenback declines amid Fed rate cut expectations
USD/CHF chalked in a technical rejection of the 0.8000 handle on Thursday, with the US Dollar (USD) taking a beating across the board....

Yeonhyun Park
Sep 12


USD/JPY Price Forecast: Stuck in tight range around 147.00 as traders await US data
The USD/JPY remains consolidated on Wednesday as buyers and sellers remain unable to move the markets past the 147.00-147.65 range for...

Yeonhyun Park
Sep 11


AUD/USD revisits almost 10-month high around 0.6620 as US Dollar underperforms
AUD/USD jumps to near 0.6620 as the US Dollar underperforms its peers. Investors expect the Fed to cut interest rates in the policy...

James Lee
Sep 10


EN590 Market Update
Market Overview – Asia This week, Asian commodity markets remained mixed as traders balanced softer demand signals from China with...

Richard Hwang
Sep 9


EUR/USD flirts with 1.1750, remains focused on France
EUR/USD picks up pace and advances to the area of daily tops near 1.1750 as investors remain laser-focused on the confidence vote in...

James Lee
Sep 9


USD/CHF Price Forecast: Sinks below 0.80 on weak NFP data
The USD/CHF extended its losses on Friday, tumbling below the 50-day Simple Moving Average (SMA) at 0.8020. The release of a worse than...

Yeonhyun Park
Sep 8


AUD/USD declines to near 0.6520 as US Dollar stabilizes ahead of US data
The AUD/USD pair falls to near 0.6520 during the European trading session on Thursday. The Aussie pair faces selling pressure as the US...

James Lee
Sep 5


Gold challenges its record highs near $3,570
Gold maintains its upward tone on Wednesday, trading around record highs above $3,560 per troy ounce. The cautious market stance...

James Lee
Sep 4


EUR/GBP surges towards 0.8700 as Sterling slumps on soaring UK bond yields
The EUR/GBP pair advances to near 0.8685 during the European trading session on Tuesday. The pair strengthens as the Pound Sterling...

Yeonhyun Park
Sep 3


AUD/USD: Next stop comes at 0.6570
AUD/USD advances for the fifth consecutive day on Monday, climbing to three-week highs and extending its weekly recovery past the key...

James Lee
Sep 2


GBP/USD consolidates above 1.3450 with muted reaction to US inflation data
The British Pound (GBP) trades under pressure against the US Dollar (USD) on Friday, snapping a three-day winning streak as the Greenback...

Yeonhyun Park
Sep 1


AUD/USD: Extra gains appear on the cards
AUD/USD advances for the third consecutive day on Thursday, climbing to two-week highs and extending its weekly recovery north of 0.6500...

James Lee
Aug 29


EUR/GBP Price Forecast: Under growing bearish pressure towards the 0.8600 area
The Euro is trading lower for the third consecutive day against the British Pound on Wednesday, with bears attempting to break the bottom...

Yeonhyun Park
Aug 28


EUR/USD: Bulls lack conviction
The strong resurgence of the demand for the Greenback keeps buyers at bay on Monday, motivating EUR/USD to surrender a big chunk of...

James Lee
Aug 27


Australian Dollar advances due to improved market sentiment amid Fed rate cut bets
The Australian Dollar rises against the US Dollar on Monday, extending its gains for the second successive session. The AUD/USD pair may...

James Lee
Aug 26


NZD/USD rebounds from four-month low as Powell’s Jackson Hole remarks sink US Dollar
The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on Friday, with NZD/USD rebounding from its lowest level since April...

Yeonhyun Park
Aug 25


AUD/USD extends losing streak for fourth trading day, Fed Powell’s speech in focus
The AUD/USD pair extends its losing streak for the fourth trading day on Thursday. The Aussie pair slides to near 0.6415 in the European...

James Lee
Aug 22


GBP/USD slides as Fed Governor Cook faces fraud allegations, UK inflation surges
GBP/USD tumbles during the North American session with traders shrugging off high inflation in the UK as the White House pressures Fed...

Yeonhyun Park
Aug 21


EUR/USD appears choppy below 1.1700
EUR/USD left behind part of the recent advance and slipped back to the sub-1.1700 region at the beginning of the week, always on the back...

James Lee
Aug 20


AUD/USD trades steadily around 0.6500 as Trump-Zelenskyy meet takes centre stage
The AUD/USD pair trades broadly stable around 0.6500 during the European trading session on Monday. The Aussie pair consolidates as...

James Lee
Aug 19


USD/JPY slides toward 147.00 as Japan GDP beats forecasts, US data disappoints
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Friday, with USD/JPY extending its intraday decline during the American...

Yeonhyun Park
Aug 18


AUD/USD declines to near 0.6530 even as Aussie employment data meets estimates
The AUD/USD pair trades 0.3% lower to near 0.6530 during the European trading session on Thursday. The Aussie pair faces pressure as the...

James Lee
Aug 15


NZD/USD approaches 0.6000 amid generalised US Dollar weakness
The New Zealand Dollar appreciates further on Wednesday after breaching resistance at 0.5970 (July 29, August 8 highs), and the pair...

Yeonhyun Park
Aug 14
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