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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
Oct 16, 2025


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
Oct 15, 2025


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
Oct 14, 2025


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 Dollar (USD) surged on the back of risk aversion, triggered by political woes on both shores of the Atlantic. France Prime Minister resigns Markets kicked off Monday with some worrisome headlines coming from France. Prime Minister (PM) Sébastien Lecornu resigned less than a day after his cabinet was announced. The political crisis in France

James Lee
Oct 13, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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 propelled it to its strongest level since August 1 on Thursday. At the time of writing, the USD/JPY pair is trading around 149.50, as the Greenback’s recent rally loses momentum. The US Dollar Index (DXY), which gauges the Greenback’s value against six major peers, is easing from three-week highs and trading near 98.18 as traders react to t

James Lee
Sep 29, 2025


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, 2025


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, 2025


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, 2025


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 pair weakens as the US Dollar (USD) extends its recent recovery move, with the US Dollar Index (DXY) rising to near 97.60. The US Dollar has been outperforming its peers since the monetary policy announcement by the Federal Reserve (Fed). On Wednesday, the Fed reduced interest rates by 25 basis points (bps) to 4.00%-4.25% and signaled that th

James Lee
Sep 22, 2025


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 despite a fresh interest rate cut from the Federal Reserve (Fed), as market tensions surrounding shaky US economic conditions and still-high Treasury yields keep the safe-haven Greenback well-bid. The Bank of Canada (BoC) delivered its own quarter-point interest rate cut this week, kicking out what little support the Loonie had against the US D

James Lee
Sep 19, 2025


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, 2025
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