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rTrader_official Updated 

Fundamental Analysis: it is evident that the Japanese yen (JPY) is experiencing a period of weakness, partly influenced by decisions made by the Bank of Japan (BOJ). The BOJ's decision to refrain from increasing interest rates to positive levels despite the gradual decline in inflation in Japan has contributed to this weakening trend. However, it is crucial to...

rTrader_official Updated 

All JPY pairs from a technical standpoint, the price has experienced a significant bullish surge. As a result, a retracement movement can be anticipated in these areas. It is advisable to seek confirmation before entering any trades. "Stay disciplined and patient" "Keep analysis simple and concise" "Have a risk management strategy" "Trade with a clear mind"

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The price of XAU (gold) has been exhibiting bearish movements due to low demand compared to previous periods. However, this does not guarantee a sustained bearish trend. It is possible for the price to reach around 1800, as per previous targets, but global events or negative economic factors could reverse the bearish sentiment and make XAU bullish again. From a...

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USD/JPY has experienced significant bullish movements due to the Bank of Japan's negative interest rates amid high inflation. With a bank holiday in the USA on Monday, there is a chance of decreased liquidity for the USD, providing an opportunity for JPY to pause and potentially initiate a retracement. "Take small risks for these retracement because JPY is...

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I have observed that the price has shown signs of expansion after breaking out of the 102.200 price zone. Taking into consideration the scenario for DXY, we have two potential outcomes. If the price continues to make expanding movements, it is likely to reach the 104 price zone. This suggests a bullish trend may be emerging. However, in the event that the price...

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After the Federal Reserve's pause in interest rates, XAU/USD is expected to remain in a consolidation zone. A false breakout confirms a lack of sustained momentum. Technically, the price is anticipated to move within the range of 1920 to 2000. Market participants are awaiting further catalysts for a potential breakout from the current consolidation area. " Buy...

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Fundamental Analysis: After the Federal Reserve's decision to pause interest rates in order to take a breather, the EUR/USD currency pair is poised for an interesting dynamic. On one hand, ECB remains hawkish in its approach, determined to push inflation further down towards its target. This hawkish stance by the ECB is likely to generate increased demand for the...

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This week holds significant implications for the value of the USD, with three distinct scenarios shaping its performance. Blue) Firstly, if the Federal Reserve decides to hold interest rates steady, it is anticipated that the USD may experience a decline in value within the market. This outcome is based on the expectation that a lack of rate increase would reduce...

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Summary of DXY: In the past, the US dollar index (DXY) experienced a growth spurt from expansionary monetary policy and rising interest rates, while bank failures eroded investor confidence and caused the dollar to fall in global markets. What will be the future of DXY in the market? Objective analysis of prevailing economic conditions is very important....

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<< Why should traders sometimes wait for a clever catch to avoid falling into a trap ? >> it's important to keep a close eye on economic indicators to inform investment decisions. The latest data on the US economy suggests a mixed picture. While some leading indicators such as PMI and durable goods are expanding, there are concerns about high interest rates...

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Fundamental Analysis: the fundamental analysis of GBP/AUD reveals that the United Kingdom (UK) is currently facing more economic difficulties compared to Australia. The UK has a lower monthly GDP growth rate, higher levels of inflation at 4.5% and 8.7%, a higher unemployment rate of 3.9%, and higher interest rates. These factors indicate that the UK is more...

rTrader_official Updated 

The DXY (US Dollar Index) is displaying a robust bullish structure that indicates a positive outlook for the US economy. The expanding economic conditions in the USA are contributing to this upward momentum. However, it is worth noting that the USD is currently approaching an overbought status in the market. This suggests that a retracement may be on the horizon...

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t is expected that the EURGBP currency pair will experience a decline due to the weaker economic conditions in the UK compared to the euro zone, characterized by higher inflation, lower GDP growth, and higher interest rates. From a technical standpoint, it is likely that the price will undergo a retracement towards 0.88 before initiating a move towards the...

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as we know that Japan's significant debt burden has been a cause for concern, resulting in a weakened currency. Moreover, the recent rise in inflation within Japan, coupled with the continued implementation of negative interest rates by the Bank of Japan and high taxes, has further intensified the challenges faced by investors. In light of these circumstances,...

rTrader_official Updated 

I observe that the price is currently forming a bearish structure. This indicates a downward trend in the market. Based on my analysis, I anticipate that the price will experience a retracement before eventually reaching my specified target zones. These target zones are set at 0.96, 0.95, and 0.92. These levels represent potential support areas where the price...

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Technical Analysis: The GBP/USD currency pair experienced a strong rejection at the 1.26 level due to USD strength, indicating a continuation of the bearish trend. A small correction may occur before the price resumes its downward movement. Traders should watch for bearish confirmation signals during the correction phase. Key support levels should be considered as...

rTrader_official Updated 

Technical analysis: The EUR/USD currency pair has recently broken below the key level of 1.09, indicating a potential continuation of the downward trend. However, a correction to retest the broken level is likely before further downside movement. Traders should monitor the price action around the nearest resistance at 1.09 for potential selling opportunities....

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Hey traders, I have been monitoring the NZD/CHF currency pair and have noticed a significant rejection on a major support level. Based on this rejection, I believe that there is a high probability that the price of NZD/CHF will continue to move upwards towards my target price, after a short retracement. Fundamentally, Switzerland's economy has been showing better...