[EUR/USD] Building a Base
After reports about changes to Russia’s nuclear doctrine, the euro dropped to 1.0524. However, it stopped falling near the previous day’s low and eventually recovered to previous levels. Since the …
[USD/JPY] Lower Wick Indicates Support
In the Tokyo market, comments from Japan’s Vice Finance Minister Kato opposing a weaker yen caused USD/JPY to drop to 153.96. However, this was seen as a buying opportunity, and …
[XAU/USD] Gold Rises Due to Geopolitical Risks
During yesterday’s European trading session, reports stated that Russia approved changes to its nuclear doctrine, relaxing the conditions for using nuclear weapons. This caused a sharp increase in geopolitical risks, …
[EUR/USD] Rises Again After Correction.
In the European market, the euro initially rose to 1.0571. However, as U.S. long-term interest rates increased, EUR/USD dropped to 1.0533. When the New York market opened, U.S. long-term interest …
[USD/JPY] Following U.S. Long-Term Interest Rates
At the start of the Tokyo market this week, USD/JPY rose to 154.74 yen, continuing last week’s dollar-buying trend. However, ahead of BOJ Governor Ueda’s speech, it dropped to 153.85 …
[XAU/USD] Gold Rebounds After a While
Since November 6, the “Trump trade” has strengthened the U.S. dollar, which pushed gold prices lower. However, this trend started to reverse in the Tokyo market at the beginning of …
[EUR/USD] Differences Between Western Economies and Monetary Policies
Since the start of the Trump Rally on November 6, the euro has faced heavy selling, dropping from the low 1.09 range. Key support levels, including the 200-day moving average …
[USD/JPY] Battle Between Intervention Concerns and Dollar Strength
Last week, the momentum from the ‘Trump Rally’ continued. The USD/JPY started in the mid-152 range and broke through the strong resistance level of 155. This increase happened without any …
[XAU/USD] Continued Strength of the Dollar
Last week, the strong dollar, fueled by the ‘Trump Rally,’ pushed gold prices lower. Additionally, Federal Reserve Chairman Powell’s hawkish comments—stating that the economy does not currently require urgent rate …
[EUR/USD] Euro Plunge
In the European market, dollar buying took the lead. Additionally, ECB Vice President De Guindos hinted at possible rate cuts by stating that ‘inflation has decreased significantly’ and that ‘if …