Technical Analysis – January 7, 2025
Technical Analysis – January 7, 2025 Strength/Weakness Overview (Ranked by Liquidity) EUR/USD 5-min Chart: Strong Sell 15-min Chart: Strong Sell 1-hour Chart: Neutral Daily Chart: Neutral USD/JPY 5-min Chart: Strong Sell 15-min Chart: Neutral 1-hour Chart: Sell Daily Chart: Strong Buy GBP/USD 5-min Chart: Strong Sell 15-min Chart: Strong Sell 1-hour Chart: Neutral Daily Chart: […]
Technical Analysis – January 6, 2025
Technical Analysis – January 6, 2025 (Arranged by trading volume/liquidity in descending order.) Strength/Weakness Overview EUR/USD M5: Sell M15: Buy H1: Strong Buy Daily: Strong Sell USD/JPY M5: Strong Buy M15: Strong Buy H1: Strong Buy Daily: Strong Buy GBP/USD M5: Strong Buy M15: Strong Buy H1: Strong Buy Daily: Strong Sell AUD/USD M5: Neutral […]
Market Analysis and Technical Analysis (4-Hour Chart) – December 27, 2024
Market Analysis and Technical Analysis (4-Hour Chart) – December 27, 2024 EUR/USD – Buy Current Situation: EUR/USD remains range-bound near 1.0400. Key Points: U.S. Labor Market Data: Initial Jobless Claims: 219,000 (forecast: 224,000). Continuing Jobless Claims: 1.910 million (previous: 1.864 million). U.S. Federal Reserve (FRB): December rate cut of 25 bp lowered rates to 4.50%. […]
Market Analysis and Technical Analysis (4-Hour Chart) – December 26, 2024
Market Analysis and Technical Analysis (4-Hour Chart) – December 26, 2024 EUR/USD – Buy Current Situation: EUR/USD remains weak around 1.0400, continuing its downward trend. Key Points: U.S. Federal Reserve (FRB): December rate cut (25 bp to 4.50%) announced. Rate cut pace for 2025 expected to slow, with only two rate cuts forecasted for the […]
Market Analysis and Technical Analysis (4-Hour Chart) – December 23, 2024
Market Analysis and Technical Analysis (4-Hour Chart) – December 23, 2024 EUR/USD – Strong Sell Current Situation: EUR/USD is trading around 1.0440, continuing its gradual upward trend. Key Points: U.S. Federal Reserve Results: A 25-basis-point rate cut (to 4.50%) was announced, as expected by the market. The outlook for 2025 was revised downward to two […]
Market Analysis and Technical Analysis (4-Hour Chart) – December 20, 2024
Market Analysis and Technical Analysis (4-Hour Chart) – December 20, 2024 EUR/USD – Strong Sell Current Situation: EUR/USD remains range-bound around 1.0360, with subdued market activity. Key Points: U.S. GDP Revised Upward: Q3 growth rate revised to 3.1% (forecast: 2.8%). This may prompt the Federal Reserve (FRB) to slow its rate-cutting pace. Unemployment Claims: Initial […]
Market Analysis and Technical Analysis (4-Hour Chart) – December 19, 2024
Market Analysis and Technical Analysis (4-Hour Chart) – December 19, 2024 EUR/USD – Strong Sell Current Situation: EUR/USD is actively rebounding, testing 1.0380 while correcting from the sharp decline of the previous day. Key Points: FOMC Results: U.S. rate cut decision: 25 basis points (to 4.50%). 2025 monetary policy outlook reduced from three expected rate […]
Market Analysis and Technical Analysis (4-Hour Chart) – December 17, 2024
Market Analysis and Technical Analysis (4-Hour Chart) – December 17, 2024 EUR/USD – Strong Sell Current Situation: EUR/USD remains range-bound around the 1.0500 level as investors await the results of the two-day Federal Reserve (FOMC) meeting. Key Points: FOMC Expectations: A 25-basis-point rate cut (adjustment to 4.50%) is priced in with a 95.4% probability (CME […]
Market Analysis & Technical Outlook (4-Hour Chart) – December 18, 2024
Market Analysis & Technical Outlook (4-Hour Chart) – December 18, 2024 EUR/USD: Strong Sell EUR/USD is trading around 1.0515, showing slight upward movement while maintaining its bullish trend since December 12. Market participants are focused on this week’s key events. European Factors: ECB President Christine Lagarde’s speech is scheduled at 10:30 (GMT+2) today, with attention […]
Key Currency Pairs and Technical Analysis (4-Hour Chart) – December 13, 2024
Key Currency Pairs and Technical Analysis (4-Hour Chart) – December 13, 2024 Market Review EUR/USD – Buy Current Level: EUR/USD is trading near 1.0460, hovering close to its lowest levels since November 26. Eurozone Factors: ECB Rate Decision: Refinance Rate: 3.15% Marginal Lending Facility: 3.40% Deposit Facility: 3.00% (lowest since March 2023). Inflation Forecasts: 2024: […]