November 08, 2024

Market Analysis 08.11.2024

Today’s economic calendar includes significant events and data releases.  In Japan, household spending data indicated a decline in consumption, signaling potential economic weakness. In Switzerland, the SECO Consumer Climate Index...

November 07, 2024

Market Analysis 07.11.2024

Today’s global economic calendar includes significant events that could impact markets worldwide.  In the Asia-Pacific region, Australia’s building permits and trade balance data, released earlier in the day, have the...

November 07, 2024

Technical Analysis 07.11.2024

XAUUSD The XAU/USD chart shows a strong bearish movement, with the price breaking down through several key support levels. Currently, XAU/USD is trading around 2,659.01, after a significant drop from...

November 06, 2024

Technical Analysis 06.11.2024

AUDCHF The AUD/CHF chart displays a recent bullish recovery from its previous downtrend, with the price currently testing a key resistance area around 0.57308. After hitting a low near 0.56767,...

November 06, 2024

Market Analysis 06.11.2024

Today’s economic calendar is filled with significant events that could influence various markets across the globe. Starting with the U.S., the API Weekly Crude Oil Stock report released early in...

November 05, 2024

Market Analysis 05.11.2024

Today’s global economic calendar features key events that could trigger significant market movements. In the Asia-Pacific region, early speeches from RBNZ Governor Orr and the interest rate decision by the...

November 05, 2024

Technical Analysis 05.11.2024

AUDUSD The AUD/USD chart reveals a sustained bearish trend with recent attempts at a recovery, although it faces significant resistance within the 0.66150 level, marked by the upper boundary of...

November 04, 2024

Technical Analysis 04.11.2024

EURUSD The EUR/USD chart reflects an ongoing bearish trend, recently interrupted by a short-lived upward correction that pushed the price into a key resistance zone around 1.08423, only to face...

October 28, 2024

Technical Analysis 28.10.2024

EURUSD The EUR/USD chart displays a strong bearish trend, with the price consistently moving lower and currently sitting near recent lows around 1.07850. The Ichimoku cloud provides additional insight into...

October 25, 2024

Technical Analysis 25.10.2024

GBPJPY The GBP/JPY chart presents a clear bullish trend, with the price steadily climbing after a previous downturn, now approaching a significant resistance level around 199.325. This resistance level has...

October 24, 2024

Technical Analysis 24.10.2024

GBPUSD The provided chart for GBP/USD illustrates a well-defined bearish trend within a descending channel, marked by upper and lower boundaries that the price has consistently respected. The presence of...

October 23, 2024

Technical Analysis 23.10.2024

USDCAD The USD/CAD chart is currently trading around 1.38262, showcasing a strong and steady upward trend that has been in place since late September. After a period of consolidation at...