EUR/USD: Strong Buy – Key Currency and Technical Analysis (1-Hour Chart) October 31, 2024

EUR/USD: Strong Buy – Key Currency and Technical Analysis (1-Hour Chart) October 31, 2024 EUR/USD: Strong Buy EUR/USD is showing instability, currently trading around 1.0850. Investors are looking for new movements, especially focusing on Germany’s September retail sales, which increased by 1.2%, surpassing expectations. Today’s inflation data for the Eurozone is anticipated to show a […]

GBP/USD: Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 25, 2024

GBP/USD: Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 25, 2024 EUR/USD: Buy EUR/USD shows mixed movement, stabilizing around 1.0820. Technical factors support the euro, with traders anticipating an ECB rate cut. Meanwhile, expectations for further aggressive monetary easing by the Fed are shifting amid increasing chances of a Trump victory in […]

USD/JPY: Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 23, 2024

USD/JPY: Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 23, 2024 EUR/USD: Sell – Attempting to Break 1.0800, ECB’s Monetary Easing as a Weight The EUR/USD is attempting to break above 1.0800, but expectations for further monetary easing from the ECB continue to weigh on it. During the IMF and World Bank meetings, […]

XAU/USD: Gold Prices Maintain All-Time High

XAU/USD: Gold Prices Maintain All-Time High Current Trend Gold prices are developing short- and ultra-short-term upward momentum, showing moderate gains. Currently, prices are attempting to break out above 2735.00, trading near the recently updated all-time high. Geopolitical tensions in the Middle East and Eastern Europe continue to support prices. Additionally, market participants are focused on […]

XAU/USD: Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 21, 2024

XAU/USD: Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 21, 2024 EUR/USD: Sell The EUR/USD is showing mixed movements around 1.0860. The market is concerned about potential changes in U.S. monetary policy if Donald Trump wins the upcoming presidential election in November. The market is factoring in persistently high borrowing costs and […]