AUD/USD (Australian Dollar/US Dollar) – Strong Sell: Focused Currency and Technical Analysis (15-minute Chart) – June 6, 2024
EUR/USD (Euro/US Dollar) – Buy The EUR/USD pair is recovering from a two-day decline and is retesting the highs from March 21. It is currently attempting to break through 1.0890. Today’s focus is on the European Central Bank’s (ECB) rate decision, with a 25 basis point rate cut expected. Additionally, the Eurozone’s April retail sales […]
USD/JPY Strong Buy, Featured Currency and Technical Analysis (15-minute chart) June 5, 2024
EUR/USD Strong Sell The EUR/USD is trending in a range near 1.0880. Today, investors are focusing on statistics on the Eurozone’s Services PMI and producer price index. On Thursday, a meeting of the European Central Bank (ECB) will be held. GBP/USD Strong Sell The GBP/USD is slightly declining, and market activity is subdued. This […]
EUR/USD (Euro/US Dollar) – Strong Sell – Key Currency and Technical Analysis (15-Minute Chart) for June 3, 2024
EUR/USD (Euro/US Dollar) – Sell The EUR/USD pair is attempting to break below 1.0855 after forming a bullish signal at the end of last week. Attention this week is on the European Central Bank (ECB) meeting on June 6, where interest rates are expected to be lowered from 4.50% to 4.25%. Last week’s Eurozone inflation […]
EUR/USD (Euro/US Dollar) – Strong Buy: Key Currency and Technical Analysis (15-Minute Chart) for May 31, 2024
EUR/USD (Euro/US Dollar) – Strong Buy The EUR/USD pair is attempting to break above 1.0820 while consolidating after the previous day’s bullish movement. Investors are awaiting key macroeconomic inflation statistics from both the Eurozone and the US. In the Eurozone, the Consumer Price Index (CPI) is expected to rise from 2.4% to 2.5%, and the […]
GBP/USD (British Pound/US Dollar) – Strong Sell: Focus Currency and Technical Analysis (15-Minute Chart) for May 29, 2024
EUR/USD (Euro/US Dollar) – Strong Sell EUR/USD attempted to rise but is now falling, testing 1.0845. Investors are awaiting the release of Germany’s Consumer Price Index (CPI). The monthly CPI is expected to decrease from 0.5% to 0.2%, and the harmonized CPI is also expected to slow from 0.6% to 0.2%. On an annual basis, […]
GBP/USD (British Pound/US Dollar) Strong Buy: Currency in Focus and Technical Analysis (15-Minute Chart) – May 23, 2024
EUR/USD (Euro/US Dollar) Sell EUR/USD is showing sideways movement around 1.0830. After yesterday’s decline, the euro is attempting to recover its position. The much-anticipated minutes from the Federal Reserve’s May meeting indicated that it might take longer for inflation to reach the 2.0% target. This dampened expectations for two 25 basis point rate cuts by […]
EUR/USD (Euro/US Dollar) Strong Sell: Currency in Focus and Technical Analysis (15-Minute Chart) – May 22, 2024
EUR/USD (Euro/US Dollar) Strong Sell The EUR/USD pair is showing sideways movement around 1.0850. Traders are waiting for new data, with the minutes from the May Federal Reserve meeting being released today. The market expects two 25 basis point rate cuts in the second half of 2024. The inflation situation in the Eurozone is improving, […]
XAU/USD (Gold/US Dollar) Buy: Currency in Focus and Technical Analysis (15-Minute Chart) – May 21, 2024
EUR/USD (Euro/US Dollar) Buy EUR/USD is showing sideways movement around 1.0860. Germany’s Producer Price Index (PPI) for April came out as expected. Tomorrow, the monthly report from the Bundesbank and a speech by the ECB President are scheduled. On Wednesday, the minutes of the Federal Reserve’s meeting will be released, with a 25 basis point […]
XAU/USD (Gold/US Dollar) Strong Buy: Currency in Focus and Technical Analysis (15-Minute Chart) – May 17, 2024
EUR/USD (Euro/US Dollar) Sell EUR/USD has retreated from its highest level since March 21, testing 1.0855. The market is awaiting the release of Eurozone inflation data, but if the data meets expectations, a significant reaction is unlikely. The CPI is expected to increase by 0.6% monthly and 2.4% annually, while core CPI is expected to […]
EUR/USD (Euro/US Dollar) Strong Sell: Currency in Focus and Technical Analysis (15-Minute Chart) – May 16, 2024
EUR/USD (Euro/US Dollar) Strong Sell EUR/USD is consolidating around 1.0885, having reached its highest level since March 21. US inflation data came in as expected, raising hopes for monetary policy easing. The April CPI decreased to an annual rate of 3.4% and a monthly rate of 0.3%, with core CPI also declining. Eurozone industrial production […]