Silver Price Forecast: XAG/USD Struggles Near Mid-$47.00s Amid Cautious Market Tone
Silver saw a slight decline in Asia on Thursday, remaining below $47.50. When it was unable to maintain its position over $48.00, it faltered. Nevertheless, silver remains well above the week’s low, and losses appear to be limited. Before making additional capital commitments, traders wait for stronger cues. Silver recovered from its 50-day EMA (Exponential […]
AUD/USD Marches Toward 0.6600 as Presidents Trump and Xi Hold Trade Talk
The Australian dollar rose on Thursday, hitting 0.6590 in Asia market hours. This shift occurred as the optimism bloomed when both American and Chinese leaders, President Trump and Mr. Xi, began discussions. Reports suggest discussions went well, covering topics like trade duties, soybeans, and specialized minerals, alongside TikTok. This good news gave investors confidence, so […]
Australian Dollar Strengthens as RBA Rate Cut Bets Ease and Trade Optimism Grows
On Tuesday, the Aussie dollar rose versus the greenback. This happened because people now think Australia’s central bank won’t lower interest rates anytime soon. Trading settled near 0.6560—a two-day winning streak for the pair. Expectations for lower interest rates have plummeted following comments from Australia’s central bank governor that the job market is strong, despite […]
Wall Street Climbed Because of Positivity About Tech Stocks and US-China Trade Talks
The US stock market, which climbed on Monday, is providing positive news. It occurred as a result of hopeful news that US-China trade negotiations are likely to go well and confidence about the impending financial results releases from tech companies like Microsoft and Meta. The Nasdaq increased 1.86%, the S&P 500 1.23%, and the Dow […]
Gold Prices Decline as Risk Appetite Increases; Support from Rate Cut Expectations
Gold struggled to build on Friday’s gains, dipping at the beginning of the week. With less worry about world events alongside improving trade talks, people chose investments offering bigger returns instead. Better news regarding US-China dialogue—together with rising stock markets worldwide—lessened interest in secure options like Gold. Even though prices are being pushed down, declines […]
WTI Crude Oil Edges Higher on US-China Trade Optimism and Supply Risk Concerns
Oil costs edged up a bit at the start of the week in Asia trading hours; WTI traded around $61.45 a barrel. Positive signs are emerging for crude oil as a result of optimism about trade negotiations between the United States and China and the prospect of a stronger global economy. Talks between the nations […]
Japanese Yen Weakens to Two-Week Low as Fiscal Concerns Dominate Market Sentiment
On Monday, the yen continued to lose value—that makes seven days in a row—hitting a recent low when traded during Asia market hours versus the dollar. Investors are uneasy; new Prime Minister Sanae Takaichi might boost government spending while holding off on controlling inflation, which worries people about how stable Japan’s finances will be. Japan’s […]
EUR/JPY Price Forecast: Constructive View Holds Near 177.50
At the beginning of Friday’s European trading business hours, the EUR/JPY pair was trading close to 177.45, having risen for the fourth consecutive day. The Yen is still weak against the Euro because Japanese core inflation increased slightly in September, the first increase since May. News broke just before the Bank of Japan’s meeting the […]
Bitcoin, Ethereum, and XRP Recover as Selling Pressure Weakens
Friday brought a bit of relief to Bitcoin and Ethereum, alongside Ripple, as the downward slide seemed to ease up. Because the prices got stabilized above the key support levels, it certainly helped traders gain confidence after seeing huge volatility recently Bitcoin climbed following a dip to $106,453—a key point based on Fibonacci calculations. Earlier, […]
Nasdaq Futures (NQ) Targets New High as Wave (5) Rally Continues
The Nasdaq futures are rising and appear to be about to complete the pattern that began on April 7, 2025. According to ElliottWave-Forecast.com experts, a record peak is imminent due to the hourly charts’ evident momentum. After wave (3) peaked at 25,275, Wave 4, because of sideways correction with a flat shape, went to to […]
EUR/JPY Comes Down Below to 1.1600 as EU Announces New Russia Sanctions
During early trading in Asia on Thursday, the euro fell versus the yen, dipping under 1.1600 to around 1.1590. This drop followed the EU’s (European Union) latest penalties levied against Russia because of the conflict in Ukraine. What happens with initial figures for eurozone consumer sentiment—scheduled for release later—may also influence movement. The European Union, […]
Gold Slips as Traders Take Profits; Focus Shifts to US Inflation Data
Gold prices fell slightly on Wednesday, trading below $4,100 in the Asian session. The drop came after a strong nine-week rally, as traders booked profits following record highs. Despite the recent correction, many analysts believe gold’s long-term outlook remains positive. The easing tension between the United States and China also reduced demand for safe-haven assets […]
GBP/USD Remains Below 1.3400 as Uk Borrowing Rises More Than Expected
Wednesday saw GBP/USD struggle, hovering near 1.3380 as Asian markets opened. Clearly investors were hesitant, awaiting crucial UK inflation figures—September’s CPI alongside the RPI. The British pound dipped when figures revealed the UK government took on an additional £7.2 billion in debt during the first six months of the financial year. Overall borrowing hit £99.8 […]
Wall Street Jumps as Strong Earnings Boost Investor Confidence
Monday saw a robust surge in US stocks—investor spirits were buoyed by impressive company profits, so they readily embraced riskier investments. Specifically, the Dow jumped 515.97 points, reaching 46,706.58, a gain of 1.12%. Meanwhile, the S&P 500 rose 71.12 points (1.07%), hitting 6,735.13; additionally, the Nasdaq increased by 310.57 points—that’s a 1.37% climb to 22,990.54. […]
Gold Steadies as Markets Weigh Trade Uncertainty and Fed’s Next Move
Gold isn’t budging much these days, resting up following last Friday’s decrease from peaks. It still has appeal because it appears to be waiting for the market to move in the direction that global trade tensions, discussions of lower interest rates, and political unrest are likely to take. Gold and other market traders are once […]
Australian Dollar Strengthens as China’s Economy Grows on a Year-on-Year Basis
Because China’s economy has expanded over the last year, the Australian Dollar rose in value. It climbed versus the US dollar on Monday, extending a two-day winning streak. Steady Chinese interest rates further bolster the Aussie’s standing against the greenback. China’s central bank kept key interest rates steady—3% for one year, 3.5% for five. Because […]
Oil Prices Fall 1% to 5-Month Low Ahead of Trump-Putin Summit
Thursday saw oil prices tumble more than 1%, hitting their lowest since springtime. Word is, this happened because oil traders are anticipating talks between the U.S. and Russia’s leaders. The meeting between Trump and Putin scheduled for Budapest is being held with the aim of resolving the conflict in Ukraine. Naturally, folks in oil trading […]
US Dollar Index Weakens Near 98.00 Amid US Shutdown and Fed Rate Cut Expectations
The dollar weakened for a fourth day running, hovering near 98.20 in Asia on Friday. This drop reflects investor unease stemming from the US government closure, alongside growing bets that the Fed will lower interest rates. All this is happening amidst difficulties resurfacing in relations between America and China. For three weeks, the U.S. government […]