EUR/USD Remains Range-Bound Amid Strong USD and ECB’s Dovish Outlook
EUR/USD H12 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. EUR/USD Remains Range-Bound Amid Strong USD and ECB’s Dovish Outlook The EUR/USD pair is locked in a narrow trading range on Monday and appears susceptible to further declines. The US Dollar (USD) maintains its strength near a six-month high, driven by the Federal Reserve’s […]
GBP/USD Remains Defensive as Market Awaits Key Economic Data
GBP/USD H12 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. GBP/USD Remains Defensive as Market Awaits Key Economic Data The GBP/USD pair finds itself on the defensive below the mid-1.2200s as the Asian trading session kicks off on Monday. Market participants are keeping a close eye on upcoming economic data releases, with the UK’s […]
Gold Prices React to US Dollar Correction Amidst Diverging Central Bank Policies
GOLD 8H chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. Gold Prices React to US Dollar Correction Amidst Diverging Central Bank Policies The US Dollar, which had recently scaled six-month highs against major currencies, is now undergoing a correction as central banks across the globe adopt contrasting stances. The Bank of Japan (BoJ), with […]
EUR/USD: Euro Stays Under Pressure Against Strong Dollar
EUR/USD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. Euro Stays Under Pressure Against Strong Dollar The Euro (EUR) continues to face downward pressure against the US Dollar (USD), with EUR/USD touching new six-month lows near the 1.0600 mark during early Friday trading. Here are the key factors influencing the Euro-Dollar pair: 1. […]
UK Retail Sales Miss Estimates, Pound Sterling Faces Headwinds
GBP/USD H12 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. GBP/USD UK Retail Sales Miss Estimates, Pound Sterling Faces Headwinds The latest data from the Office for National Statistics (ONS) has revealed that UK Retail Sales in August fell short of expectations, adding to concerns about the country’s economic trajectory. The Pound Sterling (GBP) […]
Gold Price Hovers Around $1,930 Amid Fed’s Hawkish Stance and Rising US Yields
GOLD H8 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. Gold Price Hovers Around $1,930 Amid Fed’s Hawkish Stance and Rising US Yields Gold price remains steady around the $1,930 mark as investors shift their attention to upcoming US economic data following the Federal Reserve’s recent policy decision. However, the Fed’s hawkish stance on […]
EUR/USD: Euro Trims Losses Against US Dollar Post-Fed Event
EUR/USD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. Euro Trims Losses Against US Dollar Post-Fed Event In the aftermath of the recent Federal Reserve (Fed) event, the Euro (EUR) found itself on a backfoot against the US Dollar (USD), but it managed to regain some ground. Here’s a look at the key […]
GBP/JPY: Fresh Supply Spurs Drop to August Lows Amid Central Bank Uncertainty
GBP/JPY D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. GBP/JPY: Fresh Supply Spurs Drop to August Lows Amid Central Bank Uncertainty In a recent turn of events, the GBP/JPY currency pair encountered renewed selling pressure during the Asian trading session on Thursday, causing it to slump to the 182.40 area. This marks the […]
Daily Market Analysis – WEDNESDAY SEPTEMBER 20, 2023
Greetings, traders! Welcome back to our daily Market Analysis. Today, we have gathered the top news and interesting fundamental analysis for your consideration. Let’s dive in and stay informed! Key events: UK – CPI (YoY) (Aug)USA – Crude Oil InventoriesUSA – FOMC Economic ProjectionsUSA – FOMC StatementUSA – Fed Interest Rate DecisionUSA – FOMC Press […]
Gold Prices Consolidate as Markets Await Fed Decision
GOLD H8 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. Gold Prices Consolidate as Markets Await Fed Decision Gold prices (XAU/USD) have entered a period of consolidation, trading around $1,930 during the Asian trading session on Wednesday. Market participants are adopting a cautious “wait-and-see” approach ahead of the Federal Reserve’s (Fed) interest rate decision […]