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Euro assets, which have been under pressure by the IMF in the past few days following warnings about Greece's economic situation, continued to lose with the fact that the production PMI figures we followed from Europe yesterday remained below expectations. The Fed / FOMC decisions were followed in the evening, while the manufacturing PMIs from the United States were also showing in reality below the forecast. The agency has made any changes in interest rates in parallel with market recommendatio…
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EURUSD overview
In April, as announced in the euro zone today, retail sales fell below expectations, while the country's service Purchasing Managers Index fell below expectations. When we look at the PMI figures from Germany, it was explained in parallel with the forecasts in general. After bad data from the region during the day, the pair retreated on the side. In Italy, on the other hand, while the coalition government formed by two parties known as populist rhetoric was expected to vote on confidence, the jo…
EURusd overview
Donald Trump got a stamp last night. Additional taxes on trump, us steel and aluminum sales will be levied in a specific language and the market will be seen in harsh price movements. Again, the European Union and Canadian news measures have led to double-currency transactions to be implemented against the US decision. In addition, following the presentation of Senate Fed President Jerome Powell yesterday, his presentation at the House of Representatives on Tuesday did not result in any repeated…
EURusd overview
On Tuesday, the Fed President Jerome Powell's presentation on monetary policy and economy in the House of Representatives shows the Hawks ' attitude in the market, and today the Senate's presentation will be followed. On the other hand, important data from the United States was followed yesterday. 4. While the quarterly GDP change was revised in line with expectations, the first calculation was below 0.1 percent. The Chicago Purchasing Managers Index was announced at 61.9 percent below expectati…
EURUSD parity overview
EURUSD is retesting 1.25 resistance ahead of US employment data to be released today. The Fed's decision supports us interest rates, but the lack and decline in demand for the dollar in Global Markets is pushing the currency upwards. Technically, the rising trend is protected. 1.2505 can be followed as the main resistance in the rise. Today, the data flow will be intense.
Oilusd general analysis
As crude oil surges, API estimates suggest that oil stocks in the United States have dropped by 11 million barrels, one of the highest figures in recent times. Data from the Ministry of energy to be announced today will shed light on oil prices. Technically, we are in the vicinity of excessive intake, and this can be considered a tiredness.
XAUusd general analysis
While ounces of gold is falling due to pressure from the rising dollar index, the upward movement in US interest rates is similarly creating pressure on gold. On the 4-hour chart, we were watching the 23-period average as an important threshold in the technique and had a good support. With yesterday's move, it can also be seen as a technical factor in changing the direction of gold.
USDtry general analysis
The rebalancing of the dollar and the risk appetite for developing countries bring with it the rise in parity both in USD and TL. The parity has come mainly to important support and we have underlined this tiredness in our general TL comments. We continue to watch the channel as the trend is descending because it is early to say that the Fall is over. Main supports 3,7540 and 3,7300.
EURUSD parity overview
EURUSD has returned from 1.2070 resistance, limiting the demand for rising after US employment data we received last week. The positive point in the data content is that the rise in prices is at 0.3%, which brings up us interest rates, and the return of parity. The funds continue to increase their Euro long contracts. In the option market, risk appetite is downwards
EURUSD overview
EURUSD is testing 1.2070 resistance, while the market keeps its negative movement. U.S. interest rates rise again. There is a fatigue in the parity due to its effect and its previous resistance. Although the option market is positioned in favor of the euro in the short term, horizontal movement is maintained for 3 months. Parity is also showing a recent spike in interest rates. Technically, the inability to exceed 1.2070 could bring about a summit formation