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, […]
EUR/USD (Euro Dollar) – Strong Buy – Technical Analysis (1-Hour Chart) September 30, 2024
EUR/USD (Euro Dollar) – Strong Buy – Technical Analysis (1-Hour Chart) September 30, 2024 EUR/USD – Strong Buy The EUR/USD pair is maintaining the “bullish” momentum established the previous day, showing mixed trading around 1.1160. Market activity is subdued as we await the release of Germany’s inflation data for September. It is expected that the […]
EUR/USD: Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) September 27, 2024
EUR/USD: Strong Buy – Focus Currency and Technical Analysis (1-Hour Chart) September 27, 2024 EUR/USD: Strong Buy The EUR/USD is currently adjusting around 1.1165 following a sharp rise the previous day. The Consumer Price Index (CPI) for France and Spain in September has decreased, raising expectations for the ECB to maintain a “dovish” policy stance. […]
Gold (XAU/USD) Strong Buy: Currency Analysis and Technical Outlook (1-Hour Chart) – September 24, 2024
Gold (XAU/USD) Strong Buy: Currency Analysis and Technical Outlook (1-Hour Chart) – September 24, 2024 EUR/USD – Strong Buy The EUR/USD pair is attempting to break above 1.1115 after a correction following the previous day’s decline. Data from Germany’s Ifo Institute shows that the Business Climate Index has decreased to 85.4 points, falling short of […]
Gold (XAU/USD) Strong Buy: Currency Analysis and Technical Outlook (1-Hour Chart) – September 23, 2024
Gold (XAU/USD) Strong Buy: Currency Analysis and Technical Outlook (1-Hour Chart) – September 23, 2024 EUR/USD – Strong Sell The EUR/USD pair is attempting to break through 1.1165. According to the S&P Global data for September, the Eurozone’s manufacturing PMI decreased from 45.8 to 44.8, while the services PMI rose slightly from 52.9 to 50.5, […]