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 […]
Yen Weakness Continues After Bank of Japan Meeting, U.S. PCE Deflator Could Further Accelerate It
The yen continues to weaken. The Bank of Japan’s policy meeting ended as expected, with interest rates unchanged. The statement lacked novelty, leading to further weakening of the yen in the market. The inflation outlook in the outlook report was revised upwards, predicting around 2% for the next three years, but there was no surprise […]
Entered a short position in USDJPY at 156.49. (This is Only half of our entries and 5mins late)
This post is Half of all our entry and 5 mins late. If you want the full signal (entry and close info with Real time), please check Forex Top Team VIP signal ↓ VIP SIGNAL Entered a short position in USDJPY at 156.49. Stop loss is set at 157.52. It appears there was an […]
The USD/JPY exchange rate surpassing the 155 yen mark indicates a significant yen depreciation level, with today’s focus on the preliminary US GDP data.
Yesterday in the London market, the USD/JPY exchange rate easily climbed into the 155 yen range. Amid a lack of significant economic data, the rise in US bond yields had been the main driver of dollar buying pressure. Behind this, there seems to be persistent speculation about the delay in the start of interest rate […]
Economic Statistics Influence Dollar Exchange Rate, Yesterday Saw a Pause in Dollar Strength, Today’s Outlook
Yesterday in the NY market, the strengthening of the dollar paused. This reaction was due to the preliminary April PMI values for both manufacturing and non-manufacturing sectors showing weakness. This contrasts with the relatively strong PMI preliminary values from the UK and the Eurozone, leading to a sell-off of the dollar. Some European financial authorities […]
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 […]
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 […]
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 […]
With tomorrow’s release of the US Consumer Price Index (CPI) looming, a cautious stance prevails overall.
With tomorrow’s release of the US Consumer Price Index (CPI) looming, a cautious stance prevails overall. The stock market appears relatively subdued in terms of vigilance, with many markets showing a steady pace. In Japan, Bank of Japan Governor Kuroda’s maintenance of an accommodative stance seems to be well-received. The USD/JPY pair is clinging near […]
buy USDJPY at 151.68.(This is Only half of our entries and 5mins late)
This post is Half of all our entry and 5 mins late. If you want the full signal (entry and close info with Real time), please check Forex Top Team VIP signal ↓ VIP SIGNAL Bought USDJPY at 151.68. Stop loss at 151.33.