AUD/JPY currency pair is trading at around the marked levels. Please read the analysis on the chart, as well as the explanations in the comments. Thank you. Technical Analysis: On the 30-minute chart, the AUD/JPY currency pair is trading in a bullish trend. The price is above the 50-period and 200-period simple moving averages. The MACD indicator is also...
My first analysis about the JXY. It will be done periodically from now on to keep a fresh perspective over one of the most important currencies in the world. The Japanese Currency Index (JXY) is a stock market index that measures the performance of the Japanese yen against a basket of six other major currencies: the US dollar, the euro, the British pound, the...
The Euro Currency Index is following the price action that I talked about in my last analysis. For now, not big changes when it comes to technical analysis. Technical analysis On the 30-minute chart, EXY is trading in a descending channel. This suggests that the bears are in control and that the index is likely to continue to decline in the short term. The next...
On a smaller timeframe, the DXY price direction is still not fully decided. According to the current analysis, we are currently in a Wave 4. The price will correct on the downside soon. I marked 3 potential levels where it can retrace. It is not mandatory for the price to touch them all, however, the price can go even lower than the marked levels - it's all up to...
Unity Software Inc. (U) is a leading provider of real-time 3D development tools. The company's platform is used by game developers, artists, architects, and other creative professionals to create interactive experiences. Fundamental Analysis The fundamental analysis of U stock is positive. The company is growing rapidly, and its financials are strong. U is also...
The US Dollar Index (DXY) is a measure of the value of the US dollar against a basket of currencies. It is a popular tool for traders and investors who want to track the strength of the US dollar and its impact on the global economy. Technical Analysis The DXY chart is currently in a bullish trend. The price has been rising since the beginning of the month and...
The VIX, or Volatility Index, is a measure of the expected volatility of the S&P 500 index over the next 30 days. It is calculated using the prices of options on the S&P 500 index. A higher VIX indicates that market participants are expecting more volatility in the future, while a lower VIX indicates that they are expecting less volatility. The VIX is an...
The AUD/JPY pair is trading in a sideways range on the 30-minute chart, with the price currently consolidating between the 94.20 and 94.40 levels. The pair has been trading in this range for the past few days, and it is unclear which way it will break out. Fundamental Analysis The fundamental factors that are affecting the AUD/JPY pair include the...
Technically, the NVDA stock chart is showing signs of a potential breakout. The stock has been consolidating in a range between $450 and $480 for the past few months. A break above the $480 level could open the door to further gains. Here are some key technical indicators for NVDA: The 50-day moving average is rising, which is a bullish signal. The relative...
GBP/USD Fundamental and Technical Analysis (FTA) The GBP/USD price is found in a narrow range of 1.2490-05 on September 7, 2023, staying close to the June lows. On the hourly chart, the GBP/USD is still trading below the MA (200) H1 (1.2615) moving average line. The situation is similar on the four-hour chart. On the 30 min chart, see the mentions on the...
EUR/USD Technical and Fundamental Analysis (TFA) ---Fundamental Analysis From a fundamental perspective, the EUR/USD is facing some headwinds. The European economy is slowing down, and the ECB is expected to keep interest rates low for the foreseeable future. The US economy is growing at a faster pace, and the Fed is expected to raise interest rates in the...
In the past update, I mentioned that if the price goes above the 1.29818, a long position has to be taken into consideration. However, if the price breaks the 1.28215 on the downside, then it will continue to drop until the other levels that I marked at the beginning of August. For now, all the price levels have been touched. GBP/USD is trading below the...
The price unfolds as previously forecasted. Currently we finished 5 subwaves in the upside that formed the corrective Wave A, as part of the Wave 4 from the bigger 5 Waves on the downside now. We will expect the corrective Wave 4 to continue to unfold, before we can say for sure that the Wave 5 impulse started on the downside! See the chart for a more clear...
EUR/USD Chart Fundamental and Technical Analysis for 29 August 2023 The EUR/USD exchange rate is currently trading at 1.0832, down from 1.0929 at the start of the day. The euro is under pressure due to a number of factors, including the ongoing uncertainty surrounding the European Central Bank's (ECB) monetary policy, the war in Ukraine, and the risk of a...
Technically, the EUR/USD exchange rate is trading near the support level of 1.0850. If this level is broken, the exchange rate could fall to 1.0800 or even lower. However, if the exchange rate manages to hold above 1.0850, it could move back up to 1.0900 or even higher. Overall, the outlook for the EUR/USD exchange rate is mixed. The economic data from Europe and...
AUD/JPY Chart Fundamental Analysis for 23 August 2023 The Australian dollar (AUD) and Japanese yen (JPY) are two major currencies that are often traded against each other. The AUD/JPY exchange rate is currently trading at 93.00, down from 93.50 at the start of the week. There are a number of factors that could influence the AUD/JPY exchange rate in the near...
EUR/USD Chart Analysis for 23 August 2023 The EUR/USD currency pair is trading near a 7-week low on Wednesday, August 23, 2023, as investors continue to weigh the risks of a global recession. The euro is being pressured by concerns about the European Central Bank's (ECB) ability to control inflation, while the dollar is being supported by expectations of...
The price develops as previously predicted. Currently, It is still found in a downtrend.