19 Jan 20 (Sun)
08:05 pm
Weekly Technical Analysis For January 20th to 24th, 2020
All Eyes Will Be On ECB Rate Decision And Davos Summit This Week EUR/USD: The United States and China signed the first part of the trade agreement last Wednesday. The trade deal largely priced into markets. Trump said they are leaving tariffs on to allow more leverage in talks and all tariffs will come off when they finish the Phase2 deal. On the other hand, the US inflation rose less than forecast in...
12 Jan 20 (Sun)
08:05 pm
Weekly Technical Analysis For January 13th to 17th, 2020
US Non-Farm Payrolls Data Is Behind Us: Now Focus On US CPI Inflation EUR/USD: The U.S. economy added fewer jobs than expected last month. The US Nonfarm Payrolls rose 145K in December, compared with expectations for a rise of 164K according to economists’ forecasts. The unemployment rate remained steady at 3.5%, as predicted. White House economic adviser Larry Kudlow said that job numbers are still very strong. Stock mar...
05 Jan 20 (Sun)
08:22 pm
Weekly Technical Analysis For January 6th to 10th, 2020
A Busy Week Ahead: Focus On US-Iran Turmoil And US Jobs Report EUR/USD: US-Iran tensions were dominated last week. Commander of Iran's Revolutionary Guards, vice president of Hashd al-Shaabi group, killed in US airstrike in Baghdad. Afterward, Iran said they will suspend all limits on uranium enrichment activities. In the upcoming week, we will closely watch the market reaction to the US killing of a leading Iranian commander...
29 Dec 19 (Sun)
07:12 pm
Weekly Technical Analysis For December 30th to January 3rd, 2019
All Eyes Will Be On The FOMC Meeting Minutes This Week EUR/USD: The optimism over a U.S.-China trade agreement was dominated last week. Beijing said on Wednesday it is in close touch with Washington on a trade deal signing ceremony, a day after U.S. President Donald Trump said he and Chinese President Xi Jinping will have a ceremony to sign the agreement. Looking ahead, the economic calendar will bring an update on...
22 Dec 19 (Sun)
09:15 pm
Weekly Technical Analysis For December 23rd to 27th, 2019
Get Ready For The Holiday Week EUR/USD: Last week, US GDP growth was unrevised from the second estimate; US GDP printed of 2.1%, indicating the consumer was once again the major driving force behind GDP. Eurozone CPI inflation picked up to 1% in November from a three-year low of 0.7% in October, matching expectations. However, the headline rate is still well below the ECB’s goal of just under 2%. Looking ah...
15 Dec 19 (Sun)
08:23 pm
Weekly Technical Analysis For December 16th to 20th, 2019
All Eyes Will Be On The US GDP Growth And BoE Rate Decision EUR/USD: The Federal Reserve kept interest rates on hold Wednesday, signaling that the current path of monetary policy was "appropriate" to support economic growth and would likely remain in place through next year. The Fed maintained its outlook on U.S. economic growth, forecasting growth of 2.2% in 2019 and 2.0% in 2020. Growth for 2021 and 2021 was also...
