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 22, 2024
XAU/USD: Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 22, 2024 EUR/USD: Buy The EUR/USD is slightly rising, recovering from a significant decline the previous day. With few major economic indicators released at the start of the week, investors are discussing the possibility of further monetary easing by the Federal Reserve (Fed) […]
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 […]
GBP/USD: Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 18, 2024
GBP/USD: Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 18, 2024 EUR/USD: Sell The EUR/USD is showing moderate gains, attempting to recover from its lowest level since August 2. It is currently testing the 1.0840 level, but today’s statements from Federal Reserve officials are expected to have a limited impact on the […]
EUR/USD: Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 17, 2024
EUR/USD: Buy – Focus Currency and Technical Analysis (1-Hour Chart) October 17, 2024 EUR/USD: Buy The EUR/USD is showing a stable downtrend, testing the 1.0850 level. Investors are waiting for the results of the European Central Bank (ECB) meeting, with expectations of a 25 basis point rate cut and further signals of monetary easing. Today, […]
GBP/USD: Strong Sell – Focus Currency and Technical Analysis (1-Hour Chart) October 16, 2024
GBP/USD: Strong Sell – Focus Currency and Technical Analysis (1-Hour Chart) October 16, 2024 EUR/USD: Sell The EUR/USD is trading around 1.0890, at its lowest level since August 8. The market is expecting a 25 basis point rate cut at Thursday’s European Central Bank (ECB) meeting, and the release of inflation data from the Eurozone […]
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 […]