[XAU/USD] Profit-Taking Sell-Off
Gold prices fell after the U.S. Consumer Confidence Index, released during New York trading hours yesterday, was lower than expected. This led to profit-taking sell orders. Since gold prices had …
[GBP/JPY] Weak Consumption and Economy
After continuous declines last week, GBP/JPY finally rebounded, mainly due to a correction in yen strength rather than pound buying. However, challenges like the impact of Trump’s tariffs and the …
[USD/JPY] Position Adjustment
Last week, the Japanese yen strengthened as expectations of an early interest rate hike by the Bank of Japan grew. However, at the start of this week in the Tokyo …
[XAU/USD] Uncertain Situation in Ukraine
Gold started the week strong, but during New York trading hours, it turned downward after President Trump mentioned that a summit with President Putin would begin soon. As efforts to …
[EUR/USD] Fewer Negative Factors in Sight
Last week, the euro dropped from around 1.05 to 1.04 due to concerns over the U.S.-Russia talks on ending the Ukraine conflict. However, it later rebounded as weak U.S. economic …
[USD/JPY] Death Cross Between 200MA and 21MA
This week, a ‘death cross’ is expected, where the 21-day moving average (21MA) will cross below the 200-day moving average (200MA). This suggests that the USD/JPY may drop further. Last …
[XAU/USD] Slower Upward Movement
Gold reached a new all-time high last week, supported by geopolitical risks like the situation in Ukraine due to Trump’s policies and uncertainties about the global economy. U.S. long-term interest …
[CAD/JPY] Focus on Canada’s Retail Sales
Selling continued this week due to concerns over Trump’s tariffs, but there is a high chance of a rebound soon. Canada’s January CPI rose from 1.8% to 1.9% as expected, …
[USD/JPY] Expectations of Bank off Japan (BOJ) Rate Hike
In the Tokyo market yesterday, the USD/JPY fell as investors sold the US dollar due to lower US long-term interest rates and bought the Japanese yen. Although Japan’s long-term interest …
[XAU/USD] Gold Hits New High as Dollar Weakens
Gold prices rose to a new high of $2,925 as selling of the US dollar started in the Tokyo market. However, due to concerns about the high price, some investors …