22 Sep 19 (Sun)
09:20 pm
Weekly Technical Analysis For September 23rd to 27th, 2017
Pay Attention To US GDP Number This Week EUR/USD: The Fed Rate Decision is behind us now. The Fed cut interest rates for a second time this year last Wednesday in a 7-3 vote. The rate cut was widely expected, but the split vote has raised some concern about predicting the future path of monetary policy. In the Fed’s economic projections, despite all the geopolitical and economic developments over the last three month...
15 Sep 19 (Sun)
07:50 pm
Weekly Technical Analysis For September 16th to 20th, 2019
A Busy Week Ahead; Focus On The Fed And BoE Rate Decisions EUR/USD: The Euro jumped back up against the US Dollar after the European Central Bank cut its key interest rate further into negative territory and announced it would restart quantitative easing from November. The ECB announced overnight a quantitative easing program that entails 20 billion euros per month. The central bank also cut its main deposit rate by...
08 Sep 19 (Sun)
07:27 pm
Weekly Technical Analysis For September 9th to 12th, 2019
Weekly Technical Analysis For September 9th to 12th, 2019 Keep Your Eye On The ECB Rate Decision EUR/USD: The U.S. economy created fewer jobs than expected in August. The US Nonfarm payrolls increased 130K in versus 160K expected. The unemployment rate remained steady at 3.7%. Average hourly earnings rose 0.4% monthly and 3.2% from the year-ago period. The soft employment figures keep the Federal Res...
01 Sep 19 (Sun)
07:53 pm
Weekly Technical Analysis For September 2nd to 6th, 2019
Get Ready For the US Non-Farm Payrolls EUR/USD: The EURUSD pair hit it’s the lowest level since May 2017. The sharp downward movement came out last Friday as London closed for the month and after currency options expired. The German economy is heading toward a recession and also Brexit Turmoil is continuing. Moreover, European Central Bank is working on a stimulus proposal for policymakers to consider at their Sept. 12 meeting, ami...
25 Aug 19 (Sun)
06:47 pm
Weekly Technical Analysis For August 26th to 30th, 2019
All Eyes Will Be On US GDP And Eurozone CPI This Week EUR/USD: The US dollar dropped sharply last Friday after Federal Reserve Chairman Jerome Powell's speech at the Fed’s Jackson Hole summit. Powell said the central bank would keep an eye on the economy and act as needed. Powell added that the central bank is at an unprecedented place as it tries to set monetary policy to help the economy overcome the tensions cau...
18 Aug 19 (Sun)
07:53 pm
Weekly Technical Analysis For August 19th to 23rd, 2019
Why Is The Upcoming Jackson Hole Summit Important? EUR/USD: The Euro was under selling pressure last week despite mounting evidence that the German economy is heading toward a recession. The US dollar rose versus the Euro after the release of US inflation data. The US CPI increased to 1.8% yoy ahead of the 1.7% forecast. Core CPI, which excludes more volatile items such as food and fuel, unexpectedly ticked higher to 2....
