EUR/USD Regains Ground as Market Awaits Fed Decision
EUR/USD H8 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. EUR/USD Regains Ground as Market Awaits Fed Decision The Euro (EUR) has rebounded against the US Dollar (USD), allowing EUR/USD to recover and make gains near the 1.0700 level on Wednesday. Meanwhile, the USD Index (DXY) has been trading with uncertainty in the low […]
Gold Prices Shine as Investors Anticipate Fed’s Hold on Interest Rates
GOLD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. Gold Prices Shine as Investors Anticipate Fed’s Hold on Interest Rates The price of gold (XAU/USD) has been on a winning streak, extending gains for three consecutive days as investors eagerly await the Federal Reserve’s (Fed) decision on interest rates, set to be announced […]
GBP/USD at Crossroads: Will Upcoming Economic Data and Central Bank Decisions Define Its Fate?
GBP/USD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. GBP/USD at Crossroads: Will Upcoming Economic Data and Central Bank Decisions Define Its Fate? The GBP/USD currency pair has been in the spotlight recently as it struggled to capitalize on modest weakness in the US Dollar (USD). Despite a brief recovery attempt towards the […]
EUR/USD Rebounds Despite USD Pressure – Fed Meeting Looms
EUR/USD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. EUR/USD Rebounds Despite USD Pressure – Fed Meeting Looms The Euro (EUR) has staged a rebound against the US Dollar (USD), pushing EUR/USD past the initial drop near 1.0670 and setting its sights on the 1.0700 resistance level as Tuesday unfolds. The USD continues […]
Daily Market Analysis – TUESDAY SEPTEMBER 19, 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: Eurozone – CPI (YoY) (Aug)USA – Building Permits (Aug) On Monday, the major stock market indices on Wall Street displayed fluctuating movements, with particular […]
USD/JPY Hits Multi-Month Highs Near 147.95 as Focus Shifts to Fed Decision
USD/JPY 10H chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. USD/JPY Hits Multi-Month Highs Near 147.95 as Focus Shifts to Fed Decision The USD/JPY pair continues its upward trajectory, reaching fresh multi-month highs near 147.95, poised to record a second consecutive week of gains. However, the Greenback faces some selling pressure after softer consumer […]
EUR/USD Price Analysis: Recovery Below 1.0700 as Markets Await Fed Meeting
EUR/USD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. EUR/USD Price Analysis: Recovery Below 1.0700 as Markets Await Fed Meeting The EUR/USD pair is showing signs of recovery, trading near the 1.0670 level during the early European trading hours on Monday. However, the upside for this major currency pair appears to be limited […]
Gold’s Resurgence: A Breakdown of Factors Shaping its Rebound Amid Fed’s Pause and Positive Economic Data
GOLD H8 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. Gold’s Resurgence: A Breakdown of Factors Shaping its Rebound Amid Fed’s Pause and Positive Economic Data In a dynamic financial landscape, gold has once again seized the spotlight with a sharp and robust recovery. This resurgence in the price of gold (XAU/USD) is driven […]
GBP/USD increasing pressure as positive US economic data boosts
GBP/USD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. GBP/USD increasing pressure as positive US economic data boosts The GBP/USD pair finds itself under increasing pressure as positive US economic data boosts the dollar, causing it to dip below its 200-day Moving Average. With the odds of a November rate hike by the […]
EUR/USD Faces Downside Pressure as USD Strengthens Amid ECB and US Data
EUR/USD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. EUR/USD Faces Downside Pressure as USD Strengthens Amid ECB and US Data The EUR/USD pair struggled to sustain its recovery as it faced resistance following comments from ECB President Christine Lagarde. Friday’s rebound encountered downward pressure as the US Dollar (USD) maintained its strength, […]