08 Sep 19 (Sun)
07:27 pm
Weekly Technical Analysis For September 9th to 12th, 2019
Weekly Technical Analysis For September 9th to 12th, 2019 Keep Your Eye On The ECB Rate Decision EUR/USD: The U.S. economy created fewer jobs than expected in August. The US Nonfarm payrolls increased 130K in versus 160K expected. The unemployment rate remained steady at 3.7%. Average hourly earnings rose 0.4% monthly and 3.2% from the year-ago period. The soft employment figures keep the Federal Res...
01 Sep 19 (Sun)
07:53 pm
Weekly Technical Analysis For September 2nd to 6th, 2019
Get Ready For the US Non-Farm Payrolls EUR/USD: The EURUSD pair hit it’s the lowest level since May 2017. The sharp downward movement came out last Friday as London closed for the month and after currency options expired. The German economy is heading toward a recession and also Brexit Turmoil is continuing. Moreover, European Central Bank is working on a stimulus proposal for policymakers to consider at their Sept. 12 meeting, ami...
25 Aug 19 (Sun)
06:47 pm
Weekly Technical Analysis For August 26th to 30th, 2019
All Eyes Will Be On US GDP And Eurozone CPI This Week EUR/USD: The US dollar dropped sharply last Friday after Federal Reserve Chairman Jerome Powell's speech at the Fed’s Jackson Hole summit. Powell said the central bank would keep an eye on the economy and act as needed. Powell added that the central bank is at an unprecedented place as it tries to set monetary policy to help the economy overcome the tensions cau...
18 Aug 19 (Sun)
07:53 pm
Weekly Technical Analysis For August 19th to 23rd, 2019
Why Is The Upcoming Jackson Hole Summit Important? EUR/USD: The Euro was under selling pressure last week despite mounting evidence that the German economy is heading toward a recession. The US dollar rose versus the Euro after the release of US inflation data. The US CPI increased to 1.8% yoy ahead of the 1.7% forecast. Core CPI, which excludes more volatile items such as food and fuel, unexpectedly ticked higher to 2....
11 Aug 19 (Sun)
07:57 pm
Weekly Technical Analysis For August 12th to 16th, 2019
Pay Attention To US Inflation Data This Week EUR/USD: The Euro has benefited from the US-China trade war. The EURUSD pair moved up and tested the daily level of 1.1219 last week. The U.S.-China trade war showed us a week of big swings in trading. In the upcoming week, Inflation numbers will be the main market focus in the US. On average, economists expect that the US CPI rose 0.3% in July. The year-on-year rate of inflation is expected to ris...
04 Aug 19 (Sun)
07:56 pm
Weekly Technical Analysis For August 5th to 9th, 2019
The Fed Rate Decision Is Behind Us, What Is Next? EUR/USD: The Federal Reserve cut interest rates by 25 basis points and they announced it will end the balance sheet reduction program in August, two months earlier. Additionally, Powell signaled that more cuts are not guaranteed in the FOMC press conference. The US President Donald Trump announced a new round of tariff hikes on Chinese imports. He said that starting Sept 1st US will put an additional tar...
