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13 Sep 2024 3 minute read 0 comments Perfectionist25
While no significant effect was seen on pricing after the ECB's interest rate cuts, the negative US unemployment data highlighted the positive dominance. The dominance over the 1.1031 demand zone in EURUSD supports the continuation of the upward move...
10 Sep 2024 7 minute read 0 comments Perfectionist25
Last week was a tough week. The declines that came on Monday and Friday in particular were both extraordinarily tough and unexpected. The data that came last week showed that the recession was getting worse in America. There were even some minor data...
9 Sep 2024 4 minute read 0 comments Perfectionist25
The New York Stock Exchange closed with a decline. While nonfarm employment data in the US indicated that the labor market was continuing to soften, the last trading day of the week saw a negative trend in stock markets. The S&P 500 index, which lost...
8 Sep 2024 10 minute read 1 comment Perfectionist25
The August nonfarm employment data, an important indicator for the FED's monetary policy, was announced. Employment in nonfarm sectors increased by 142 thousand people in August, but the data was below expectations. Expectations were for nonfarm empl...
6 Sep 2024 5 minute read 0 comments Perfectionist25
The 16000 - 10000 fall in Nasdaq has reached Fibonacci 1.272 and has been correcting since then. 16600 - 15600 is an important decision support area for Nasdaq. Especially unless 15600 is broken, the pressure towards this area is a relative opportuni...
4 Sep 2024 9 minute read 1 comment Perfectionist25
September is generally a bad month for the markets. It started off very badly on Tuesday. There are incredible declines in the indexes. The decline in Nasdaq was 3.26%, Russell 2000 was 3.09%, S&P 500 was 2.12%, Dow Jones was 1.51%. Bitcoin resisted...
3 Sep 2024 13 minute read 0 comments Perfectionist25
Powell finally gave up and said we will lower interest rates. Of course, the rote learners immediately came out and started saying that whenever the FED lowers interest rates, the American economy goes into recession, the markets crash, buy and get r...
3 Sep 2024 4 minute read 0 comments Perfectionist25
When I look at the currencies of developing countries (Emerging Markets), I observe a divergence against the US Dollar. The market's attention is turned to the private sector employment data to be announced from the US on Thursday. Pricing in EURUSD...
1 Sep 2024 4 minute read 0 comments Perfectionist25
It was a very active closing. Especially after Nvidia's balance sheet on Friday, a good balance sheet was announced as I expected during the week. Frankly, the macroeconomic data was also good, but an environment was created where sellers were strong...
30 Aug 2024 3 minute read 0 comments Perfectionist25
Despite the decreasing inflation data in Germany, I observe that EURUSD pricing has dominated the 1.1071 demand zone in the medium term. The focus of the markets is on the European Central Bank inflation data to be announced during the day. A low inf...
