USD/JPY (US Dollar/Japanese Yen) Sell, Featured Currencies and Technical Analysis (15-minute chart) February 27, 2024
EUR/USD (Euro/US Dollar) Strong Sell The Euro/US Dollar pair shows slight gains, developing the short-term upward trend that began to form two weeks ago. In the US, data on the Personal Consumption Expenditures Price Index, which is actively used in calculating average inflation, will be released this week. In the Eurozone, focus will be […]
At the beginning of the week, markets are waiting for cues, monitoring statements from financial officials in the UK and Europe.
Last week, global stock markets showed enthusiasm, with major indices hitting record highs. This week, the sentiment persists, with no significant corrections observed, and trading remains in the high range. However, while the Nikkei reached a new intraday high, buying momentum seems strong, but the range is gradually becoming limited. US stock futures are trading […]
NZD/USD (New Zealand Dollar/US Dollar) – Sell, Featured Currency and Technical Analysis (15-Minute Chart) February 26, 2024
EUR/USD (Euro/US Dollar) – Buy The EUR/USD pair is experiencing a slight decline, trading at 1.0820. Today, investors are focusing on the speech by Christine Lagarde, President of the European Central Bank (ECB), and the US new home sales statistics. In the EU, inflation trend data for February was released over the weekend, with […]
Attention on Statements from UK and EU Financial Authorities as Market Awaits Catalysts at the Beginning of the Week
The start of the week in the Tokyo-Asian markets sees subdued movements. While the Nikkei Average has modestly hit record highs, the atmosphere lacks fervor, with a steady but unspectacular ascent. In China, the ongoing National People’s Congress until the 27th has resulted in minor declines in Chinese and Hong Kong stocks. US bond yields […]
Analyzing the Impact of the U.S. PCE Price Index Rise and NZ’s Policy Interest Rate Decision on the Market? The trades from February 19 to February 23 resulted in a total of +17,515 USD.
The minutes from the notable FOMC meeting indicated that “the majority recognized the risk of premature interest rate cuts.” Following this, there has been a robust buying of the US dollar. Even if there are sell-offs, buyers step in when prices drop, making it difficult for a clear trend to emerge. As planned, we […]
USD/JPY (US Dollar/Japanese Yen) – Strong Buy Focus on Currency and Technical Analysis (1-hour chart) as of February 23, 2024
EUR/USD (Euro/US Dollar) – Buy Overview: The EUR/USD pair is showing mixed trends around 1.0830, indicating a moderate rise as the weekend approaches. Investors are closely watching macroeconomic statistics from the EU, which could significantly impact the future direction of the exchange rate. German GDP data and the IFO economic indicators are of […]
Amid yesterday’s global stock market rally, driven by strong earnings from the US semiconductor giant Nvidia, IT-related stocks led the buying spree.
Amid yesterday’s global stock market rally, driven by strong earnings from the US semiconductor giant Nvidia, IT-related stocks led the buying spree. The Nikkei hit a record high not seen in 34 years, while Chinese and European stocks surged, with Germany’s DAX and France’s CAC indices hitting consecutive record highs. In the US, the Dow […]
Amidst the fervor of the Nikkei hitting a record high, the USD/JPY exchange rate remained stagnant around 150 yen, trading in the range of 150.21 to 150.46. It seems trapped at familiar levels, despite the bullish sentiment in the stock market.
Amidst the fervor of the Nikkei hitting a record high, the USD/JPY exchange rate remained stagnant around 150 yen, trading in the range of 150.21 to 150.46. It seems trapped at familiar levels, despite the bullish sentiment in the stock market. Meanwhile, observing the Dollar Index, a downward trend seems to be gradually emerging. This […]
Today’s Focus Currency and Technical Analysis (15-minute chart):
EUR/USD: Buy EUR/USD is slowly rising and attempting to surpass the 1.0830 level. The US dollar is declining amid diminishing expectations for Federal Reserve (Fed) monetary policy easing. Uncertainty remains about the timing of reaching the 2.0% inflation target. The euro is supported by data on consumer confidence in the Eurozone. Market attention is focused […]
The focus today is on whether the recent trend of USD selling will continue, with the release of the FOMC meeting minutes.
The EUR/USD has recovered to the 1.08 range, likely due to position adjustments. Additionally, the strengthening of Chinese stocks amid regulatory measures and the lowering of loan rates has bolstered the yuan and resulted in consecutive gains in the Chinese stock market. Recently, the NZD has shown the strongest performance against the USD, with concerns […]