Daily Market Analysis and Overview by Unitedpips

[Unitedpips]

Silver Price Forecast: Technical Correction in Sight for XAG/USD

Introduction to XAG/USD
The XAGUSD pair represents the exchange rate between Silver, commonly known as "the white metal," and the US dollar. This pairing is highly significant for commodity traders and investors who closely monitor precious metals as safe-haven assets. Silver’s price fluctuations reflect both market sentiment and economic health, especially during uncertain economic times.


XAG-USD Market Overview
Silver (XAG/USD) currently demonstrates a bullish sentiment, moving within an ascending channel, influenced significantly by recent economic news from the United States. Traders are closely observing the remarks by Austan Goolsbee, President of the Federal Reserve Bank of Chicago, during his participation in mHUB’s Industry Disruptor Series. His statements, if leaning hawkish, could boost USD strength and pressure Silver prices downward. Additionally, critical US labor market data, including Non-Farm Payrolls (NFP), Employment Cost Index, and Unemployment Rate, is expected to provide further volatility in the pair. A stronger-than-forecast labor market generally supports the US dollar, potentially curbing the recent bullish run on Silver. Traders should remain alert to these developments as they will likely set the tone for Silver’s near-term price action.

XAGUSD Technical Analysis
Analyzing the daily chart for XAG-USD, the price is clearly trading within an ascending channel and has recently encountered resistance near the channel's midline, prompting a corrective move downward. Given the recent bearish (red) candle formation and the significant gap between current prices and the EMA (60), further corrective movement towards the lower boundary of the channel seems plausible. Parabolic SAR indicators, currently below the price, are signaling bullishness but indicate slowing momentum as the dots spread wider apart. RSI (14) is registering at approximately 68, indicating near-overbought conditions and supporting the idea of an imminent correction. The Fisher indicator is currently at 2.6 and 2.9, highlighting potential upcoming volatility as these levels suggest possible price reversals.


Final words about XAG vs USD
Considering both technical and fundamental analyses, XAG/USD is poised for a short-term correction before potentially resuming its bullish trajectory within the ascending channel. Traders should pay close attention to key economic indicators and central bank commentary, which could significantly influence market sentiment and volatility. Risk management strategies remain crucial due to the inherent volatility of precious metals trading. Continuously tracking technical indicators and market news will be essential for informed decision-making.

Disclaimer: This XAGUSD analysis, provided by Unitedpips, is for informational purposes only and does not constitute trading advice. Always conduct your own Forex analysis before making any trading decisions.


09.05.2025

 

[Unitedpips]

Key Factors Driving USD/CHF Movements

Introduction to USD/CHF
The USD/CHF currency pair, often referred to as the "Swissie," represents the exchange rate between the US dollar and the Swiss franc. Known for its status as a safe-haven asset, the Swiss franc tends to attract investors during times of global uncertainty, making USD/CHF a key barometer of risk sentiment in the forex market. Switzerland’s strong financial sector, political stability, and history of low inflation enhance the franc’s appeal, while movements in USD/CHF are also influenced by US Federal Reserve policy and broader dollar trends. This pair is closely watched by traders as it reflects the balance between global risk appetite and safe-haven demand.


USDCHF Market Overview
The USD-CHF pair shows mixed momentum as traders weigh upcoming U.S. economic releases against Swiss central bank guidance. In the U.S., focus is on the Producer Price Index (PPI) and Core PPI from the Bureau of Labor Statistics on October 16, 2025, as early signals of consumer price pressures that may influence the Federal Reserve. Weekly crude oil and inventory data from the EIA and API on September 17, 2025, could add short-term volatility, while the U.S. 10-year Treasury auction on October 8 and wholesale inventories on October 9 will be watched for investor confidence and business spending trends. In Switzerland, SNB Chairman Martin Schlegel’s speech at the Ticino Bankers’ Association may trigger volatility as markets seek hawkish or dovish cues. Overall, USD/CHF is likely to remain highly sensitive to both U.S. inflation and Swiss monetary policy in the coming weeks.

USD-CHF Technical Analysis
On the daily chart, USD/CHF remains under sustained bearish pressure, continuing its broader downtrend from earlier this year. The pair has been consolidating between 0.8018 and 0.8043, but the latest breakdown signals weakening momentum. The long-term trendline from the monthly chart acts as resistance, reinforcing the bearish outlook. Technical indicators confirm this: Parabolic SAR dots are above price, Williams Alligator lines remain in a bearish alignment, and the Aroon shows a strong downtrend (Aroon Down 92.86%, Aroon Up 14.29%). Traders should watch for declines toward 0.7900, while a break above 0.8040–0.8060 is needed to challenge the bearish bias.


Final Words on USD vs CHF
USD/CHF sits at a crossroads where technical and fundamental factors could shape its direction. Technically, failure to break above 0.8040–0.8060 and bearish indicator alignment keep momentum to the downside, consistent with the broader 2025 trend. Fundamentally, U.S. data—especially mid-October PPI releases—along with weekly energy inventories, Treasury auctions, and wholesale updates could trigger dollar volatility. Meanwhile, SNB Chairman Schlegel’s remarks may influence Swiss policy expectations. Traders should expect USD/CHF to remain highly reactive and prone to sharp moves.


Disclaimer: This USDCHF analysis, provided by Unitedpips, is for informational purposes only and does not constitute trading advice. Always conduct your own Forex analysis before making any trading decisions.


09.10.2025

 

[Unitedpips]

NZD/USD Struggles Amid Bearish Technical Patterns

Introduction to NZD/USD
The NZD USD pair, commonly referred to as the "Kiwi," reflects the exchange rate between the New Zealand dollar and the US dollar. It is among the top traded forex pairs globally and provides traders insights into the economic relationship between New Zealand and the United States. Tracking the NZD/USD helps traders assess market sentiment and make informed trading decisions based on economic indicators and market trends.


NZD USD Market Overview
Currently, the NZDUSD pair is experiencing bearish sentiment amid cautious market conditions. Traders are awaiting insights from RBNZ Governor Christian Hawkesby's fireside chat about the August Monetary Policy Statement, which could introduce volatility. Hawkish comments from Hawkesby could potentially boost the New Zealand dollar by signaling future interest rate hikes. Conversely, strong US economic data, especially in the form of CPI and employment figures, continue to support the US dollar. Upcoming releases on inflation and jobless claims from the US will also play a pivotal role in influencing the NZD/USD movements over the next few days.

NZD-USD Technical Analysis
The daily NZD/USD chart illustrates a prolonged bearish channel. Recently, price action approached the upper boundary of this main channel and has subsequently formed a secondary bearish channel within the larger pattern. Despite breaking above the smaller channel’s resistance line, market momentum suggests limited potential for a sustained bullish reversal. Prices are likely to retreat toward the central line of the primary bearish channel near the 0.58025 level. Indicators such as Keltner Channels show prices currently touching the upper channel line, while the Awesome Oscillator displays minor bullish signals at 0.00167. The Chaikin Oscillator is hovering around the positive level of 6.671K, indicating cautious market participation.


Final words about NZD vs. USD
Given current technical signals and fundamental developments, NZD/USD remains under bearish pressure, with limited signs of a meaningful recovery. Traders should closely monitor statements from the RBNZ governor and upcoming US economic releases for fresh directional cues. Adopting a cautious approach, particularly around key resistance and support levels, can help manage risk effectively in this volatile pair. Maintaining a balance between technical signals and fundamental news will provide optimal trading insights for navigating potential NZD/USD price shifts.


Disclaimer: This NZDUSD analysis, provided by Unitedpips, is for informational purposes only and does not constitute trading advice. Always conduct your own Forex analysis before making any trading decisions.


09.11.2025

 

[Unitedpips]

EUR/GBP Technical Insights: Channel Support Holds the Key

Introduction to EURGBP
The EUR-GBP pair, often called "Chunnel," represents the exchange rate between the Euro and the British Pound Sterling, two of the most influential currencies in global finance. Traders frequently monitor this pair due to its significance in reflecting economic health within the European Union and the United Kingdom. The pair's movements are strongly influenced by economic data, political events, and central bank policies. Mastering the EUR/GBP dynamics is essential for making informed investment decisions.


EUR/GBP Market Overview
EURGBP is currently experiencing upward pressure, driven by recent European economic releases and market sentiment. Recent data from Destatis and INSEE revealed favorable CPI figures, suggesting sustained inflationary pressures that could bolster the Euro. Additionally, upcoming speeches by key ECB members like Deutsche Bundesbank President Joachim Nagel are closely watched, as hawkish signals typically strengthen the Euro further. Conversely, recent economic indicators from the UK, including GDP, industrial and manufacturing production, and trade balance figures released by the Office for National Statistics, will provide essential insights into the Pound's strength. Traders should remain vigilant for the upcoming UK economic data on October 16, 2025, as these reports will likely induce volatility in the EUR/GBP exchange rate.

EUR-GBP Technical Analysis
Technical indicators suggest a bullish outlook for EURGBP, which currently trades along the bottom line of an ascending channel. Should the support at the channel’s lower boundary hold firm, prices could rebound toward the channel's midpoint and subsequently its upper limit. Failure to maintain this support level could lead prices to decline towards a critical support area around 0.86100. The Moving Average Convergence Divergence (MACD) indicator remains bullish, signaling potential upward momentum continuation. Additionally, the Directional Movement Index (DMI) shows buyers gaining strength, reinforcing the probability of a bullish reversal at the current support.


Final Words on EUR vs GBP
Considering both fundamental and technical perspectives, EUR/GBP appears poised for potential upside movement, contingent on sustained support at current technical levels. Traders should closely monitor incoming economic data and central bank communications for further directional cues. Given the inherently volatile nature of currency markets, risk management strategies remain crucial. Adapting swiftly to new economic indicators and central bank signals will be vital for capitalizing on upcoming trading opportunities within the EUR/GBP market.


Disclaimer: This EURGBP analysis, provided by Unitedpips, is for informational purposes only and does not constitute trading advice. Always conduct your own Forex analysis before making any trading decisions.


09.12.2025