December 12, 2024

High-Impact Trading Day: ECB, SNB Rate Cuts & U.S. Data in Focus

Today’s economic calendar is packed with significant events that could drive market volatility across multiple currencies.  In the Asia-Pacific session, New Zealand’s Electronic Card Retail Sales remained flat at 0.0%,...

December 12, 2024

Technical Analysis 12.12.2024

 EUR/USD  The EUR/USD chart reflects a consolidation phase within a well-defined range. The price is trading above the critical support level near 1.0450, highlighted as a key demand zone due...

December 10, 2024

Technical Analysis 10.12.2024

XAUUSD Gold has been trading in a horizontal range between $2,540 and $2,720, reflecting a consolidation phase in the market. Recently, after breaking above the $2,600 level, the price movement...

December 04, 2024

Markets on Edge: Weak Global Data & Central Bank Speeches in Focus

Today’s economic calendar highlights a mix of significant global events shaping market sentiment.  Overnight, weaker-than-expected Australian GDP figures and disappointing China Caixin Services PMI signaled economic softness in the Asia-Pacific...

December 04, 2024

Technical Analysis 04.12.2024

CADCHF The CAD/CHF chart presents a mixed picture with a lack of strong directional movement, as evidenced by the price oscillating within a range and struggling to establish a clear...

December 03, 2024

Technical Analysis 03.12.2024

AUDCAD The AUD/CAD chart reflects a notable bullish recovery after a prior period of consolidation within a narrow range. The pair has successfully broken above the Ichimoku cloud resistance, signaling...

November 27, 2024

Technical Analysis 27.11.2024

EURJPY The EUR/JPY chart exhibits a pronounced bearish momentum, with the price sharply breaking below the key psychological support level of 163.899 and continuing its descent. The Ichimoku cloud indicates...

November 26, 2024

Technical Analysis 26.11.2024

AUDCAD The AUD/CAD chart shows a significant bullish recovery after testing support at the 0.90706 level, a key horizontal support zone that previously acted as a base for buyers. The...

November 25, 2024

Technical Analysis 25.11.2024

EURUSD The EUR/USD chart reveals a sharp downward trend in recent weeks, with the pair finding a temporary base around the 1.04897 level, just above the psychological support near 1.0450....

November 21, 2024

Technical Analysis 21.11.2024

EURUSD The EUR/USD chart highlights a clear downtrend, with the price currently trading around 1.05464, consolidating within a tight range below the 1.06217 resistance level. The bearish momentum, which had...

November 21, 2024

Key Central Bank Decisions & U.S. Data Set to Drive Market Volatility

Today, November 21, 2024, brings a range of significant economic events and data releases across different regions, with potential market implications. Early in the day, RBA Deputy Governor Bullock’s speech...

November 19, 2024

Technical Analysis 19.11.2024

AUDCAD The AUD/CAD chart shows a recent recovery from a low near the 0.90203 support level, as the price has bounced and moved higher. However, it is approaching a critical...