Weekly Outlook

Weekly Technical Analysis For December 14th to 18th, 2020

13 Dec 20 (Sun)
08:05 pm

Weekly Technical Analysis For December 14th to 18th, 2020

All Eyes Will Be On The Fed Rate Decision This Week EUR/USD: Last week, ECB left rates unchanged, expands PEPP by €500 billion to end-March 2022. ECB increased PEPP program by EUR500 billion to EUR1.85 trillion.  Extends PEPP horizon to March 2022, PEPP reinvestment until the end of 2023, and extends TLTRO3 terms to June 2022. ECB's Lagarde said that Euro appreciation is important, adds that it puts dow...

Weekly Technical Analysis For December 7th To 11th, 2020

06 Dec 20 (Sun)
06:48 pm

Weekly Technical Analysis For December 7th To 11th, 2020

Focus On US CPI inflation And ECB Rate Decision This Week EUR/USD: The US Jobs Report is a disappointing read throughout last week.  US payrolls rose just 245k versus 460k consensus, the unemployment rate edged down to 6.7 percent, the U.S. Bureau of Labor Statistics reported last Friday. The US Dollar was under selling pressure last week as investors continue to shift to risky assets and higher return...

Weekly Technical Analysis For November 30th to December 4th, 2020

29 Nov 20 (Sun)
05:34 pm

Weekly Technical Analysis For November 30th to December 4th, 2020

Get Ready For US Nonfarm Payrolls, Powell and Mnuchin's Testimony  EUR/USD: The US Dollar was under pressure last week with traders expecting large-scale stimulus from the new US administration to combat the Covid-19 pandemic. Optimism over several COVID-19 vaccine developers, including Pfizer and Moderna announcing positive results for their offerings over the last two weeks, put the dollar under pressure as...

Weekly Technical Analysis For November 22nd to 27th, 2020

22 Nov 20 (Sun)
06:07 pm

Weekly Technical Analysis For November 22nd to 27th, 2020

Watch Out For FOMC Meeting Minutes And US GDP Number EUR/USD:  Risk appetite has improved on the back of coronavirus vaccine development news. However, German Chancellor Merkel said she is optimistic that next we can find a way out of coronavirus but at the moment the coronavirus situation remains very serious.  Last week, US Treasury Secretary Steve Mnuchin has requested that the Federal Reserve return unused funds allo...

Weekly Technical Analysis For November 16th to 20th, 2020

15 Nov 20 (Sun)
07:42 pm

Weekly Technical Analysis For November 16th to 20th, 2020

What To Watch For Trading This Week EUR/USD:  U.S. drugmaker Pfizer and German partner BioNTech said on Monday a large-scale clinical trial showed their vaccine was more than 90% effective in preventing COVID-19. the news of progress towards a COVID-19 vaccine boosted risk appetite in global markets. However, the continuing rise of new Covid-19 cases throughout Europe and the U.S. is making traders nervous. The prospect...

Weekly Technical Analysis For November 9th to 12th, 2020

08 Nov 20 (Sun)
07:53 pm

Weekly Technical Analysis For November 9th to 12th, 2020

Focus On US Inflation Numbers This Week EUR/USD:   The US Dollar has weakened over the past week. The market has taken a Biden win as a strong positive for US stocks. Risk currencies have also taken the upcoming change in US administration as a strong positive.  The impactful news item over the weekend was the news of Biden's election win. A big congrats to Kamala Harris, the first female vice-president of the United...

Never miss a winning trading opportunity.
Join OneBillionSignals now!

Never miss a winning trading opportunity.
Join OneBillionSignals now!

Download OBS Application Download OBS Application Now Sign Up
 

Risk Warning

Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.

Privacy Policy | Terms of Use

© 2021 One Billion Signals All Rights Reserved