11 Apr 21 (Sun)
05:34 pm
Weekly Technical Analysis For April 12th to 16th, 2021
Weekly Technical Analysis For April 12th to 16th, 2021 Pay Attention To US CPI Inflation This Week EUR/USD: The US Dollar was under pressure after the injection of further monetary policy from President Joe Biden's infrastructure plan. Last week, FOMC Meeting Minutes showed that, Over the long term, Committee aims for full jobs and growth above 2%. FOMC believe it would be a considerable ti...
05 Apr 21 (Mon)
09:09 am
Weekly Technical Analysis For April 5th to 9th, 2021
A Busy Week For Trading, Focus On FOMC Meeting Minutes EUR/USD: The US Dollar rose last week, posting its third straight weekly gain after data showed the US economy created more jobs than expected in March, suggesting it is on a steady path to recovery from the pandemic. U.S. nonfarm payrolls surged 916,000 jobs last month, the largest gain since last August. Data for February was revised higher to show...
28 Mar 21 (Sun)
06:31 pm
Weekly Technical Analysis For March 29th to April 2nd, 2021
All Eyes Will Be On US Nonfarm Payrolls This Week EUR/USD: The US Dollar hit its highest since November against most major currencies last week, buoyed by hopes of over-improving U.S. economic data and the availability of coronavirus vaccines, while the euro recovered from heavy losses a day before. Last week, U.S. jobless claims fell to a one-year low. ABD President Joe Biden said he will double his vaccination rollout...
21 Mar 21 (Sun)
06:02 pm
Weekly Technical Analysis For March 22th to 26th, 2021
All Eyes Will Be On Powell And Yellen Testimony This Week EUR/USD: Last week, the Federal Reserve kept rates on hold and projected no hikes through 2023. The Federal Open Market Committee left its benchmark rate unchanged in the range of 0% to 0.25% and said it would continue its $120 billion monthly bond purchases. In the upcoming week, the Federal Reserve Chair Powell Powell and US Treasury Secretary Yellen testify be...
14 Mar 21 (Sun)
06:14 pm
Weekly Technical Analysis For March 15th to 19th, 2021
Get Ready For The Fed Rate Decision This Week EUR/USD: Last week, European Central Bank left key rates unchanged in March monetary policy meeting, as expected. ECB said based on a joint assessment of financing conditions and inflation outlook, ECB expects purchases under PEPP over the next quarter to be conducted at a significantly higher pace than during the first months of this year. In the US, Core Consumer Prices rose...
07 Mar 21 (Sun)
06:22 pm
Weekly Technical Analysis For March 8th to 12th, 2021
Pay Attention To ECB Rate Decision And US Inflation Data EUR/USD: The US Dollar was up with strong labor market data last Friday. The U.S. economy created 379,000 jobs last month, well above economists' consensus forecast of 182,000, with the unemployment rate falling to 6.2% from 6.3%, underpinned by easing Covid-19 restrictions and a ramp-up in vaccine distribution. The Senate passed President Joe Biden's $1.9...
