Gold/US Dollar (XAU/USD) Strong Buy: Focus Currency and Technical Analysis (1-Hour Chart) October 15, 2024
Gold/US Dollar (XAU/USD) Strong Buy: Focus Currency and Technical Analysis (1-Hour Chart) October 15, 2024 Euro/US Dollar (EUR/USD) Sell The EUR/USD pair continues its downward momentum from the previous day, testing the 1.0890 level. Investors are focusing on the European Central Bank (ECB) meeting on Thursday, where a 25 basis point rate cut is anticipated, […]
US Dollar/Japanese Yen (USD/JPY): Pair Updates Local Highs
US Dollar/Japanese Yen (USD/JPY): Pair Updates Local Highs Current Trend The USD/JPY pair continues to show a weak upward momentum formed at the end of last week, with a slight increase. It is currently attempting to break above 149.30, aiming to update the highs from early August. However, market activity is subdued due to Columbus […]
US Dollar/Japanese Yen (USD/JPY) Buy: Focus Currency and Technical Analysis (1-Hour Chart) October 14, 2024
US Dollar/Japanese Yen (USD/JPY) Buy: Focus Currency and Technical Analysis (1-Hour Chart) October 14, 2024 Euro/US Dollar (EUR/USD) Sell The EUR/USD pair is declining around 1.0925, near its lowest level since August 8th. The US CPI for September showed a year-on-year slowdown to 2.4%, while the core CPI rose to 3.3%. The US PPI also […]
New Zealand Dollar/US Dollar (NZD/USD) Buy: Focus Currency and Technical Analysis (1-Hour Chart) October 11, 2024
New Zealand Dollar/US Dollar (NZD/USD) Buy: Focus Currency and Technical Analysis (1-Hour Chart) October 11, 2024 Euro/US Dollar (EUR/USD) Strong Buy The EUR/USD pair is showing mixed movements around 1.0935, trading near its lowest point since August 13th. European investors are currently focused on Germany’s inflation statistics. The Consumer Price Index (CPI) for September in […]
US Dollar/Japanese Yen (USD/JPY) Sell: Focus Currency and Technical Analysis (1-Hour Chart) October 10, 2024
US Dollar/Japanese Yen (USD/JPY) Sell: Focus Currency and Technical Analysis (1-Hour Chart) October 10, 2024 Euro/US Dollar (EUR/USD) Sell The EUR/USD pair is showing mixed movements around 1.0940, trading near its lowest point since August 13th. Market activity is subdued as traders await the US inflation statistics for September. The core Consumer Price Index (CPI) […]
US Dollar/Japanese Yen (USD/JPY) Buy: Focus Currency and Technical Analysis (1-Hour Chart) October 9, 2024
US Dollar/Japanese Yen (USD/JPY) Buy: Focus Currency and Technical Analysis (1-Hour Chart) October 9, 2024 Euro/US Dollar (EUR/USD) Neutral The EUR/USD pair is showing a gradual decline after attempting a corrective rise at the beginning of the week. It is currently testing the 1.0960 level, approaching the low from August 15th once again. Macroeconomic indicators […]
Pound/US Dollar (GBP/USD) Strong Sell: Focus Currency and Technical Analysis (1-Hour Chart) October 7, 2024
Pound/US Dollar (GBP/USD) Strong Sell: Focus Currency and Technical Analysis (1-Hour Chart) October 7, 2024 Euro/US Dollar (EUR/USD) Buy The EUR/USD pair is currently trading around 1.0970, marking its lowest level since August 15th. Last week’s stronger-than-expected US employment data diminished the likelihood of a 50 basis point rate cut by the Federal Reserve (Fed) […]
USD/JPY Strong Sell Currency of Interest and Technical Analysis (Hourly) October 3, 2024
Euro/US Dollar (EUR/USD) The EUR/USD pair continues its short-term downtrend, reaching its lowest level since September 12th. It is currently testing a breakdown at 1.1030, while European investors are evaluating S&P Global’s September business activity data. The Manufacturing PMI rose from 48.9 to 49.6 points, surpassing expectations. Additionally, the Services PMI increased from 50.5 to […]
Euro/US Dollar (EUR/USD) Strong Sell: Focus Currency and Technical Analysis (1-Hour Chart) October 2, 2024
Euro/US Dollar (EUR/USD) Strong Sell: Focus Currency and Technical Analysis (1-Hour Chart) October 2, 2024 Euro/US Dollar (EUR/USD) Strong Sell The Euro/US Dollar is showing mixed movements around 1.1065. The inflation data from the Eurozone came in below expectations, with the Consumer Price Index (CPI) for September decreasing from 2.2% year-on-year to 1.8%. This has […]
Currencies of Interest and Technical Analysis (Hourly) October 1, 2024
USD/JPY Analysis US Dollar to Japanese Yen (USD/JPY) – Sell The USD/JPY pair is attempting to break out around 144.30, demonstrating a strong bullish trend. The Fed Chair has indicated a gradual adjustment to monetary policy, emphasizing the likelihood of two 25-basis-point rate cuts within the year. Japan’s retail sales increased by 2.8%, surpassing expectations, […]