Lim Jun Kit
GBP/USD at an inflection point after a strong first half of 2025
[SINGAPORE] The British pound (GBP) has enjoyed a robust first half of 2025 against the US dollar (USD), driven largely by sustained dollar weakness. The GBP/USD pair bottomed out at 1.21 on Jan 13 be...
USD/JPY at a crossroads: Breakout signals bulls eyeing higher targets
The USD/JPY has spent much of the last quarter trapped in indecision, but recent price action suggests that the pair may finally be breaking out from months of consolidation.
Silver shines bright amid gold pauses
WHILE gold may have dominated headlines over the past year, surging to as high as US$3,500 per ounce in April 2025, it has since entered a consolidation phase. After an extended rally, gold is taking ...
US dollar at a crossroads
THE US dollar has come under significant pressure in 2025, reversing the strength seen in the fourth quarter of 2024. The US Dollar Index (DXY), which tracks the value of the greenback against a bask...
Gold’s relentless rally continues as technicals point to further upside
GOLD has been on an impressive rally since the start of 2024, with its bullish momentum extending into 2025. As at 9 am on Mar 14, gold had surged 14 per cent from the year’s opening price to hit US$2...
Gold expected to continue bullish trend
GOLD price has been on a steady uptrend since hitting a low of US$1,614 per ounce in October 2022. Over the past two years, the precious metal has consistently climbed and carved out higher lows, befo...
Technical indicators point to further upside for USDCAD
On Nov 27, 2024, the USDCAD pair surged to a high of 1.417, its highest level since May 2020. Underpinned by a breakout from a key symmetrical triangle pattern that had been forming since mid-2022, th...
EUR/USD expected to see continued upward momentum
The EUR/USD pair has recently exhibited significant price movements, marking a potential trend shift after a prolonged period of consolidation. The weekly chart reveals a notable breakout from a symme...