23 Jun 19 (Sun)
05:17 pm
Weekly Technical Analysis For June 24th to 28th, 2019
All Eyes Will Be On US GDP Number And G20 Meeting EUR/USD: The US Dollar traded lower after the Fed Rate Decision last week. The Federal Reserve kept interest rates unchanged Wednesday but signaled it was ready to lower interest rates to combat growing global and domestic risks. At his press conference, Federal Reserve Chairman Jerome Powell conceded there were some significant changes to the Fed's policy statement but su...
16 Jun 19 (Sun)
08:27 pm
Weekly Technical Analysis For June 17th to 21st, 2019
Watch Out For Central Bank Meetings This Week EUR/USD: The U.S. dollar surged last Friday as retail sales picked up in May, indicating a rebound in the American economy. In the upcoming week, the Federal Reserve will announce its latest monetary policy decision on Wednesday. Investors will look for any signal that policymakers intend to cut at their next meeting. Last week’s weak inflation reports have led traders to thin...
09 Jun 19 (Sun)
06:48 pm
Weekly Technical Analysis For June 10th to 14th, 2019
Keep Your Eye On US Inflation Numbers This Week EUR/USD: The US Dollar dropped significantly against all major currencies after the US Non-Farm Payrolls Data. The US Economy created 75K jobs in May, much fewer than expected, while wage inflation eased, the Labor Department reported last Friday. The US Jobs Report increased expectations that the Fed will cut rates as the job market peaks. Looking ahead, Inflation numbers...
02 Jun 19 (Sun)
09:14 pm
Weekly Technical Analysis For June 3rd to 7th, 2019
A Huge Week Ahead; Focus on ECB Decision And US Nonfarm Payrolls EUR/USD: Looking Ahead, We will pay attention to the ECB Monetary Policy Decision on Thursday. There is no rate change expected from the ECB. In their last meeting, Policymakers continued to evaluate whether its most recent stimulus is enough to offset downward pressure on growth. The announcement will be followed by President Mario Draghi's news conferen...
26 May 19 (Sun)
07:52 pm
Weekly Technical Analysis For May 27th to 31st, 2019
Pay Attention To US GDP Growth This Week EUR/USD: The minutes of the Fed’s last meeting released Wednesday. Federal Reserve policymakers said their patient approach to monetary policy action could continue for "some time" amid concerns over the sluggish pace of inflation. Trade tensions eased Friday after U.S. President Donald Trump said that a deal with China could include Huawei in some form. The administration has put t...
19 May 19 (Sun)
10:09 pm
Weekly Technical Analysis For May 20th to 25th, 2019
Focus On FOMC And ECB Meeting Minutes This Week EUR/USD: The Eurozone Consumer Price index rose 1.7% in April from the same month a year earlier, the bloc’s statistics agency Eurostat said on last Friday. Month-on-month, eurozone prices increased by 0.7 percent, as markets had expected, from 1.0 percent in March. In the upcoming week, the Federal Reserve will release the minutes from its policy meeting on Wednesday. At the...
