EUR/USD Strong Buy – Featured Currency and Technical Analysis (15-Minute Chart) July 4, 2024
**EUR/USD Strong Buy** EUR/USD is trading around 1.0785, showing a sideways movement. Market activity is subdued as the U.S. market is closed for Independence Day. Tomorrow’s release of the June U.S. employment report could impact the Federal Reserve’s monetary policy decisions. It is expected that non-farm payrolls will decrease from 272,000 to 190,000, with average […]
EUR/USD Strong Buy – Featured Currency and Technical Analysis (15-Minute Chart) July 3, 2024
EUR/USD Strong Buy EUR/USD is showing a consolidation pattern around 1.0740. Ahead of Independence Day, traders are refraining from opening new positions. Investors are awaiting the June employment report, with non-farm payrolls expected to decrease from 272.0K to 190.0K, average hourly earnings to decrease from 4.1% to 3.9% year-over-year, and from 0.4% to 0.3% […]
AUD/USD Strong Buy – Key Currency and Technical Analysis (15-Minute Chart) July 1th, 2024
**EUR/USD – Sell** EUR/USD is attempting to break 1.0750, continuing last week’s bullish momentum. Today’s German inflation data is expected to show a slowdown, with the HICP forecasted to drop from 2.8% to 2.6% year-on-year. ECB President Lagarde is also scheduled to speak, potentially providing comments on macroeconomic statistics. In the US, the ISM Manufacturing […]
USD/JPY – Strong Buy – Highlight Currency and Technical Analysis (15-Minute Chart) – June 26, 2024
USD/JPY – Strong Buy – Highlight Currency and Technical Analysis (15-Minute Chart) – June 26, 2024 EUR/USD – Sell The EUR/USD pair continues to trade around 1.0700. Market activity remains subdued as investors await new catalysts. Tomorrow, reports on consumer and business confidence in the Eurozone will be released, potentially influencing the direction of monetary […]
USD/JPY – Strong Sell – Highlight Currency and Technical Analysis (15-Minute Chart) – June 25, 2024
EUR/USD – Sell The EUR/USD pair shows weak growth, continuing the correction trend from the previous day. It is currently attempting to break out at 1.0740, but the macroeconomic backdrop remains negative. Last Friday, the Eurozone’s June Manufacturing PMI decreased from 52.2 points to 50.8 points, and the Services PMI also fell from 53.2 points […]
USD/JPY – Strong Sell, Focus Currency and Technical Analysis (15-Minute Chart) June 24, 2024
EUR/USD – Buy The EUR/USD pair is slightly up, testing a breakout at 1.0700. Investors are focused on Germany’s Ifo statistics, showing declines in business climate and economic expectations. The Eurozone’s manufacturing and services PMIs fell, while the US PMIs rose. The ECB’s monetary policy has lowered Eurozone business activity, but the US Federal Reserve […]
USD/JPY (US Dollar/Japanese Yen) – Buy – Focus Currency and Technical Analysis (15-Minute Chart) June 19, 2024
**EUR/USD – Strong Buy** The EUR/USD pair is showing stable movement around 1.0735. Trading activity is low due to the Juneteenth holiday in the U.S. Recent Eurozone macroeconomic data provided little support. Germany’s economic sentiment index was adjusted to 47.5 points, while the current conditions index fell to -73.8 points. Eurozone CPI increased by 0.2% […]
USD/JPY – Strong Buy – Focus Currency and Technical Analysis (15-Minute Chart) June 18, 2024
EUR/USD – Sell The EUR/USD pair, after attempting to rise yesterday, has returned to a “sell” trend, testing 1.0725. Investors await Eurozone consumer inflation statistics and U.S. retail sales and industrial production data. Eurozone CPI is expected to grow 0.2% monthly and 2.6% annually, with core CPI rising 0.4% and 2.9%, respectively. France’s inflation data […]
USD/JPY (US Dollar/Japanese Yen) – Buy Key Currency Analysis and Technical Insights (15-minute Chart) for June 13, 2024
EUR/USD (Euro/US Dollar) – Sell The EUR/USD pair is showing ambiguous trading dynamics, holding around 1.0800. The previous day saw a slight increase as the market reacted to the Federal Reserve’s (FRB) meeting results and inflation data. The FRB kept interest rates at 5.50% as expected but raised the forecast for borrowing costs through the […]
USD/JPY (US Dollar/Japanese Yen) – Buy: Key Currency and Technical Analysis (15-Minute Chart) – June 7, 2024
EUR/USD (Euro/US Dollar) – Buy The EUR/USD pair is gradually rising, attempting to break through the 1.0900 level following the previous day’s upward momentum. As the week concludes, attention shifts to macroeconomic data from both the US and the Eurozone. Notably, the US May employment report is set to be released at 14:30 (GMT+2), with […]