Thursday, November 21, 2024
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J.J. Edwards

J.J Edwards is a finance expert with 15+ years in forex, hedge funds, trading systems, and market analysis.

USDCHF Rises Amid Unexpected Drop in Swiss Inflation

The USD/CHF pair bounced from the %50 Fibonacci retracement level at 0.880, trading at approximately 0.883 as of this...

Iron Ore Prices Surge to $102 Amid China Demand

Iron ore prices for cargoes containing 62% iron have climbed to nearly $102 per tonne, reversing recent declines. This...

November Boost in France Manufacturing Climate

In November 2024, France's manufacturing climate indicator rose to 96.7, increasing from October's revised 93 and surpassing the expected...

France Business Climate Slips in November

In November 2024, France's business climate index slipped to 96, down from 97 in October. Confidence weakened in most...

USDJPY Bull Market Surges Amid Ueda Rate Comments

The American dollar decreased slightly, about -0.3, against the Japanese Yen in today's trading session. Uncertainty over the Bank...

NZDUSD Bear Market Prevails as RBNZ Rate Cut Expectations

On Thursday, the New Zealand dollar remained weak, trading around $0.586 against the Greenback. Investors anticipate that the Reserve...
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AUDUSD Holds Below Key Level as Traders Seek Safe Havens

The Australian dollar started the Thursday trading session by recovering from the bullish fair value gap, trading at approximately...

GBPUSD Below Key Fibonacci as Ukraine Uses UK Missiles

The British pound remained below the 23.6% Fibonacci retracement level at $1.27 against the Greenback. This decline occurred amid...

EURUSD Plummets Amid Ukraine-Russia Tensions and Eurozone Woes

The EUR/USD currency pair dropped to $1.05 on Thursday morning, reaching its lowest level since mid-October 2023. The new...

DAX Closes Lower as Ukraine Conflict Intensifies

The DAX index lost its early gains and closed slightly below 19,100. This decline mirrored other European stock markets...

Gold Surges Above $2650 as Russia-Ukraine War Escalates

Gold prices exceeded the 38.2% Fibonacci level, trading at approximately $2,650, and are nearing the 50% Fibonacci level. This...

Gas Prices Near Year High as Cold Snap Threatens Europe

Prices for European natural gas futures approached €47 per megawatt-hour, reaching a peak not seen since November 2023. This...