Key Currency Pairs and Technical Analysis (1-Hour Chart) – November 20, 2024
EUR/USD: Sell The EUR/USD pair continues to trade near 1.0590 with mixed activity. While market activity is strong, investors remain uncertain about the trend direction following the corrective rise earlier in the week. European Data: October Core CPI: +0.2% MoM, +2.7% YoY (as expected). Broad CPI: +0.3% MoM, +2.0% YoY. In the U.S., October […]
Currency and Technical Analysis (1-Hour Chart) – November 18, 2024
Currency and Technical Analysis (1-Hour Chart) – November 18, 2024 USD/JPY: Strong Sell EUR/USD: Buy AUD/USD: Strong Sell NZD/USD: Sell GBP/USD: Sell XAU/USD: Strong Buy U.S. Market The U.S. dollar (USD) is trending weaker against the Euro (EUR), British pound (GBP), and Japanese yen (JPY). Federal Reserve Chairman Jerome Powell’s statements have been under close […]
Key Currencies and Technical Analysis (1-Hour Chart) – November 15, 2024
Key Currencies and Technical Analysis (1-Hour Chart) – November 15, 2024 USD/JPY – Strong Sell EUR/USD – Buy AUD/USD – Strong Sell NZD/USD – Strong Buy GBP/USD – Strong Buy XAU/USD – Strong Buy United States (USD) The U.S. dollar has strengthened against major currencies such as the euro (EUR), yen (JPY), and pound (GBP). […]
USD/JPY: Candlestick Analysis
USD/JPY: Candlestick Analysis USD/JPY, H4 (4-hour chart) On the 4-hour chart, the “Bull Counterattack Line” candlestick pattern appeared at 153.23, followed by a price reversal to the upside. Additionally, the “Three White Soldiers” trend continuation pattern formed in the range of 154.30–155.84, indicating strengthening bullish momentum. Going forward, the price is likely to rise toward […]
USD/JPY: Price Range Between 155.00 and 151.00
USD/JPY: Price Range Between 155.00 and 151.00 Current Trend Due to the strengthening of the U.S. dollar, the USD/JPY pair is currently in an uptrend, adjusting at 154.83. Despite Japan’s stable economic indicators, the inauguration of U.S. President-elect Donald Trump has led to a worsening international trade environment, limiting Japan’s shift towards a more hawkish […]
EUR/USD: Volatility Analysis
EUR/USD: Volatility Analysis Price in Correction, Possible Downtrend On the daily chart, the first wave (1 of (A) of B) at a higher level has been completed, and the second wave (2 of (A) of B) is currently in progress. At present, the downward wave (c of 2) is unfolding, with the third wave (iii) […]
Gold/US Dollar (XAU/USD) – Strong Buy – Key Currency Pair & Technical Analysis (1-Hour Chart) on November 7, 2024
Gold/US Dollar (XAU/USD) – Strong Buy – Key Currency Pair & Technical Analysis (1-Hour Chart) on November 7, 2024 EUR/USD – Strong Buy EUR/USD has shown a recovery after the previous day’s sharp decline and is attempting to break above 1.0740. With Republican Donald Trump winning the presidential election, expectations are high that he will […]
USD/JPY (US Dollar/Japanese Yen) – Buy Signal and Technical Analysis (1-Hour Chart) – November 6, 2024
USD/JPY (US Dollar/Japanese Yen) – Buy Signal and Technical Analysis (1-Hour Chart) – November 6, 2024 EUR/USD (Euro/US Dollar) – Sell EUR/USD is gradually declining in the Asian session, erasing recent short-term bullish movements. It recently hit a new low, the lowest since July 2, though new data from the U.S. election results is starting […]
EUR/USD (Euro/Dollar) – Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) November 5, 2024
EUR/USD (Euro/Dollar) – Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) November 5, 2024 EUR/USD – Strong Buy The EUR/USD pair is showing mixed movements around 1.0880. It has updated its high from October 15 but has not yet established itself at this new level, with many investors withdrawing from the market ahead […]
Euro/US Dollar (EUR/USD) – Buy – Focus Currency and Technical Analysis (1-Hour Chart) November 4, 2024
Euro/US Dollar (EUR/USD) – Buy – Focus Currency and Technical Analysis (1-Hour Chart) November 4, 2024 Euro/US Dollar (EUR/USD) – Buy The EUR/USD pair is showing moderate gains and is recovering from last week’s bearish movement. It is testing new highs since October 15, and investors are waiting for new market drivers. On Monday, S&P […]