09 Dec 18 (Sun)
09:39 pm
Weekly Technical Analysis For December 10th to 14th, 2018
This Week's Focus: ECB Policy Decision And US CPI EUR/USD: The EURUSD pair rose sharply after a disappointing US Jobs Report. The Non-Farm Payrolls rose by 155K in November, which is lower than the consensus estimate for the creation of 200K jobs. The previous month’s reading of NFP was revised to 237K. The Unemployment Rate stayed at 3.7%. Average hourly earnings advanced 0.2% month-on-...
02 Dec 18 (Sun)
09:22 pm
Weekly Technical Analysis For December 3rd to 7th, 2018
Huge Week For The USD; Watch Out For Powell’s Testimony And The US Jobs Report. EUR/USD: G20 Summit is behind us now. China and the US agreed to a ceasefire in their trade war after Saturday’s Trump-Xi meeting. Trump will leave tariffs on $200 billion worth of Chinese imports at 10 percent at the beginning of the new year, agreeing to not raise them to 25 percent "at this time," the White House said in a statement. Both countries agreed they will try to complete this transaction within the next 90 days, however, if this does not happen US tariffs will be raised...
25 Nov 18 (Sun)
08:54 pm
Weekly Technical Analysis For November 26th to 30th, 2018
Keep Your Eye On The Fed Minutes And US GDP Growth! EUR/USD: The EURUSD pair showed a downward movement and closed last week below the daily level of 1.1367. The Euro was under pressure with signs of weaker eurozone economic growth. The Eurozone business growth slowed this month, due to a sluggish global economy and an ongoing United States-led trade war. In the upcoming week, the FOMC Meeting Notes and GDP Growth wil...
18 Nov 18 (Sun)
08:44 pm
Weekly Technical Analysis For November 19th to 23rd, 2018
ECB Meeting Minutes Are In Focus: Will EUR/USD Break Out 1.1446? EUR/USD: The EURUSD pair showed an upward movement after hitting the 16-month low level last week. If we look at last Wednesday’s US consumer price index; it rose 0.3% last month, picking up from the 0.1% increase seen in September. In the 12 months through October, inflation rose 2.5%, in line with expectations and up from 2.3% in September. Upbeat econ...
11 Nov 18 (Sun)
09:15 pm
Weekly Technical Analysis For November 12th to 16th, 2018
Will The EUR/USD Selling Pressure Continue? EUR/USD: The US Dollar extended gains versus the Euro after last week’s FOMC Monetary Policy Meeting. The EURUSD pair found sellers from the resistance level of 1.1446 and then closed the week below the 1.1367 daily level. The Fed kept interest rates unchanged at 2.25%, as expected. However, the Federal Reserve appeared poised...
04 Nov 18 (Sun)
07:47 pm
Weekly Technical Analysis For November 5th to 9th, 2018
Next Up, FOMC Meeting and US Midterm Elections: What To Expect From The FED EUR/USD: The US Dollar showed an upward movement against major currencies last Friday after the US job creation came out better than the market’s consensus in October. US Non-Farm Payrolls printed at 250k, well above 194k eyed. While the unemployment rate was unchanged at the 49-year low of 3.7%. Additionally, the...
