[EUR/USD] Closes Near Low Levels
Yesterday, the euro rose in the European market, supported by rising stock prices, reaching 1.0457. However, U.S. long-term interest rates fell. When the Chicago Purchasing Managers’ Index was released and …
[USD/JPY] Yen Strengthens Across the Board
Yesterday, in the Tokyo market, USD/JPY faced resistance at 158.07 yen, close to last weekend’s high of 158.08 yen. This confirmed the difficulty in breaking above the 158-yen level. In …
[XAU/USD] NY Stock Drop Triggers Risk-Off Sentiment
Yesterday, the NY Dow fell by over 700 points at one point, which increased risk-off sentiment and caused gold prices to rise. Many market participants are still on holiday after …
Economic Calendar (30/12/2024-03/01/2025)
2025 is coming! Prepare for the week ahead! Keep an eye on key events and make strategic choices to stay on track with your goals.
[GBP/JPY] Five Consecutive Days of Gains
On December 19, the Bank of England (BOE) decided not to lower interest rates during its meeting. As a result, GBP/JPY rose for the fifth day in a row. It …
[USD/JPY] Targeting the Yen During Tokyo Market Holiday
Last weekend in the Tokyo market, the USD/JPY pair had risen to the 158-yen range, leading to selling by actual market participants. Early in the morning, Tokyo’s Consumer Price Index …
[XAU/USD] Rising U.S. Long-Term Interest Rates and Falling Stock Prices
Last weekend in the New York market, gold prices dropped to 2612 due to rising U.S. long-term interest rates.At the same time, all three major indices in the New York …
Dual Candlestick Patterns
Thank you for reaching to this level. Another candlestick pattern that is very helpful in your trading. Let’s take a look at this type of candlestick.
[EUR/USD] After the Christmas Holidays
Yesterday, while the European market remained closed, the New York market reopened. As the Dollar weakened, the Euro rose to 1.0429 but continued to trade in a narrow range. Today, …
[USD/JPY] Dollar/Yen Holds Steady
Yesterday in the Tokyo market, the USD/JPY rose to 157.47 due to strong buying during the midday trading session. European markets remained closed, leading to quiet trading. However, in the …