[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 …
[XAU/USD] Gold Rises as U.S. Interest Rates Fall
Yesterday, gold prices remained stable as major markets in Asia and Europe were closed. However, after the holiday, U.S. interest rates dropped in the New York market. This was due …
[TRY/JPY] Turkish Central Bank Policy Meeting
Today, during European trading hours, the Turkish Central Bank will hold a policy meeting. The market expects an interest rate cut from 50% to 48.25%, a decrease of 1.75%. However, …