USD/JPY (US Dollar/Japanese Yen) Sell: Currency in Focus and Technical Analysis (15-Minute Chart) – May 15, 2024
EUR/USD (Euro/US Dollar) Buy EUR/USD shows a weak upward trend, developing a buying movement formed in the short and medium term, and has updated the highest level since April 10. It is currently testing 1.0820, and investors are waiting for the release of today’s macroeconomic statistics. The market is focused on the Eurozone’s Q1 GDP, […]
AUD/USD (Australian Dollar/US Dollar) Strong Buy: Currency in Focus and Technical Analysis (15-Minute Chart) – May 14, 2024
EUR/USD (Euro/US Dollar) Buy EUR/USD is showing a range-bound trend around 1.0785. The market is subdued ahead of the release of US April inflation statistics, with forecasts for the Consumer Price Index (CPI) and core CPI attracting attention. Additionally, data on retail sales, Eurozone GDP, and industrial production are also of interest. Germany’s Consumer Price […]
AUD/USD: Strong Buy – Focus Currency and Technical Analysis (15-minute Chart) May 10, 2024
AUD/USD: Strong Buy – Focus Currency and Technical Analysis (15-minute Chart) May 10, 2024 EUR/USD: Sell The EUR/USD pair is retesting 1.0775, showing a slight downward correction. Germany’s industrial production for March decreased by 0.4% on a monthly basis, with the annual rate easing to -3.3%. Exports increased by 0.9%, while imports decelerated significantly from […]
AUD/USD: Strong Sell – Key Currency Focus and Technical Analysis (15-Minute Chart) May 7, 2024
EUR/USD: Sell The EUR/USD pair is trading around 1.0765. Market activity is subdued as investors await new growth factors. Germany’s services sector PMI slightly decreased as expected to 53.2 points, while the Eurozone overall strengthened to 53.3 points. The Sentix Investor Confidence Index slightly improved to -3.6 points, and the Producer Price Index decreased by […]
XAU/USD: Strong Buy – Key Currency Focus and Technical Analysis (15-Minute Chart) May 6, 2024
EUR/USD: Neutral The EUR/USD pair is stable around 1.0765. Investors are waiting for a trigger for further upward movement. The Eurozone’s services sector activity index exceeded expectations at 52.9 points, while the U.S. index fell short at 50.9 points. Additionally, the Eurozone’s Producer Price Index for March decreased by 0.7% month-on-month. Recent U.S. labor market […]
XAU/USD: Strong Buy – Focused Currency and Technical Analysis (15-minute chart) April 26, 2024
EUR/USD: Sell – Slight Increase, Focused on Western Economic Indicators The EUR/USD pair is trading at 1.0728, having retreated from the high of April 11th updated yesterday. Investors are avoiding establishing new positions ahead of the release of the Personal Consumption Expenditures Price Index (PCE), closely watched by the Federal Reserve. In the Eurozone, data […]
EUR/USD: Strong Sell – Focused Currency and Technical Analysis (15-minute chart) April 24, 2024
EUR/USD: Strong Sell – Modest Rise, Supported by Positive IFO Index The EUR/USD pair is attempting a breakout at 1.0700, supported by positive business climate index results from Germany’s IFO Institute. The German index exceeded expectations, and overall business activity in the Eurozone was robust. Meanwhile, in the United States, data on durable goods orders, […]
XAU/USD: Strong Sell – Focus on Key Currencies and Technical Analysis (15-Minute Chart) April 19, 2024
EUR/USD: Strong Buy – Slight Decline, Monitor Economic Statistics in Eurozone and the US The EUR/USD pair shows uncertain downward movement, attempting to break down below 1.0635. Eurozone construction output declined by 0.4% annually, while initial US jobless claims remained unchanged at 212,000, and the Philadelphia Fed Manufacturing Index unexpectedly rose by 15.5 points. Today’s […]
EUR/USD: Strong Buy – Focused Currency and Technical Analysis (15-minute chart) April 18, 2024
EUR/USD: Strong Buy – Slight Rise, Focused on Eurozone Inflation Statistics and ECB Officials’ Statements The EUR/USD pair is recovering from a “bearish” trend formed mid-last week and is attempting a breakout at 1.0625. Today’s focus is on Eurozone inflation statistics and statements from representatives of the European Central Bank (ECB). The Eurozone Consumer Price […]
USD/JPY: Sell – Focused Currency and Technical Analysis (15-minute chart) April 17, 2024
EUR/USD: Strong Buy – Correction of Weak Rise, Focused on ECB-Related Comments The EUR/USD pair is recovering from a “bearish” rally formed mid-last week and is attempting a breakout at 1.0625. Today, attention is focused on Eurozone inflation statistics as officials from the European Central Bank (ECB) may comment on monetary policy. The Eurozone Consumer […]