kahinistanbul's Blog
EURusd overview
In Italy, the coalition talks, which have remained uncertain for days, reached a happy end. Last Friday, the 5-star movement and the Northern League Parties, which reached an agreement on the new cabinet, formed the new government under the leadership of Giuseppe Conte. Although the parties ' agreement on the coalition eliminates political uncertainty, the steps that these two parties will take in the future will be critical, known for their anti-EU and populist rhetoric. In Spain, the other pro…
EURUSD overview
Yesterday, while intensive in terms of data flow, retail sales announced in Germany did not meet expectations on a monthly basis. In addition, the country's leading inflation figures were followed, while the monthly forecasts on the basis of good realization was seen here. On the other hand, in the reports of the Italian elections, the right-wing bloc, which won the election, said it could form a minority government, while di Maio, the leader of the 5 star movement, known for its opposition to t…
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 overview
the first fed/FOMC meeting of 2018 was held in the week we were busy in terms of Eri and news flow. As expected, the FED announced that the economy supports gradual interest rates while not making any changes in interest rates. Inflation, however, is expected to rise this year, in the medium term, around 2 percent of stability is declared to win. Looking at the country's data released last week, non-agricultural employment, ADP non-agricultural employment, Conference Board Consumer Confidence, t…
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.
Overview of EURUSD parity
We are watching the EURUSD currency retracement up to 1.1910 support zone. The return in the market began after us data last week, and we see that the rise in prices is particularly effective. We are also following a downward trend in the risk appetite in the option market. 1.1910 and 1.1865 retracement can be viewed as critical support