AUD/USD: Sell – Focused Currency and Technical Analysis (15-minute chart) April 16, 2024
EUR/USD: Buy – Slight Decline, Watching ECB Rate Cut Forecasts The EUR/USD pair has slightly fallen, following a bearish trend formed mid-last week, and is now testing the support level at 1.0600. Today, the ZEW Economic Sentiment Index is expected to show an increase from 31.7 to 35.1 points in Germany and from 33.5 to […]
EUR/USD: Sell – Currency Focus and Technical Analysis (15-minute chart) April 11, 2024
〇 EUR/USD: Sell – Observing Stance The EUR/USD pair is showing slight corrective growth around 1.0745, but market participants are awaiting the outcome of the European Central Bank (ECB) meeting. The increase in US Consumer Price Index, as indicated by the inflation statistics, is dampening expectations of a rate cut by the Federal Reserve. GBP/USD: […]
USD/JPY: Buy – Focus Currency and Technical Analysis (15-minute chart) April 10, 2024
EUR/USD: Buy – Uncertain Trends The EUR/USD pair is showing consolidation around 1.0850 as market activity is subdued ahead of the release of US inflation statistics. Consumer Price Index is expected to increase from 3.2% to 3.4% annually, with a decrease from 0.4% to 0.3% monthly. Attention will be on the minutes of the Federal […]
GBP/USD: Buy – Currency Focus and Technical Analysis (15-minute chart) April 8, 2024
EUR/USD: Buy – Movement within range The Euro/US Dollar pair shows consolidation near 1.0855, as strong US labor market reports have dampened expectations for Federal Reserve easing. Meanwhile, lower-than-expected retail sales data in the Eurozone added pressure on the Euro. Today’s focus is on France’s foreign trade statistics and the Eurozone bank lending survey. GBP/USD: […]
USD/JPY: Strong Buy – Focus Currency and Technical Analysis (15-minute Chart) April 5, 2024
USD/JPY: Strong Buy – Ranging Trend The USD/JPY pair is showing relatively active downward movement as traders close some of their long dollar positions ahead of the release of the March US labor market report. The yen is being supported by cautiously optimistic statistics from Japan. In the current 15-minute technical analysis, the downward trend […]
AUD/USD: Strong Buy – Currency of Interest and Technical Analysis (15-minute chart) April 3, 2024
GBP/USD: Strong Buy – Range Trend The British Pound/Dollar pair is trading around 1.2575, awaiting the release of macroeconomic statistics from the United States. Today, the ADP report on the change in private sector employment for March is expected to be released, with forecasts suggesting an increase from 140,000 to 148,000. Data on the U.S. […]
NZD/USD: Strong Buy – Currency of Interest and Technical Analysis (15-minute chart) April 2, 2024
EUR/USD: Strong Buy – Range Trend The Euro/Dollar pair is developing strong “bearish” momentum formed the previous day and is testing a breakdown at 1.0730. Traders are cautious about opening new positions ahead of the release of Germany’s inflation statistics. Additionally, data on the manufacturing sector’s business activity in the Eurozone is also scheduled to […]
EUR/USD: Strong Sell – Currency of Interest and Technical Analysis (15-minute chart) April 1, 2024
EUR/USD: Strong Sell – Range Trend The Euro/Dollar pair is trading around 1.0790, experiencing low market activity and “bearish” pressure. With European exchanges closed for Easter, investors are focusing solely on data from the United States, particularly March statistics from ISM and S&P regarding manufacturing business activity. Additionally, Germany’s inflation statistics for March are scheduled […]
XAU/USD: Strong Buy – Currency of Interest and Technical Analysis (15-minute chart) March 29, 2024
EUR/USD: Strong Buy – Mild Decline The Euro/Dollar pair is testing a breakdown at the 1.0775 level, developing a “bearish” momentum amid reduced market activity due to the Easter holiday closures. In the U.S. today, macroeconomic statistics regarding the personal consumption expenditures price index are scheduled for release, an indicator actively used by the Federal […]
AUD/USD: Strong Buy – Currency of Interest and Technical Analysis (15-minute chart) March 26, 2024
EUR/USD: Strong Buy – Showing a Range Trend The Euro/Dollar pair is trading around 1.0840, trying to develop the uncertain “bullish” momentum formed the previous day. Market activity is low, with today’s focus on the U.S. durable goods orders, a key indicator expected to rise by 1.3% in February. Also noteworthy are the U.S. consumer […]