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Daily Morning Report 10.02.2017 by Traderstrust The dollar was steady near two-week highs against other major currencies on Friday, still supported by U.S. President Donald Trump’s most recent comments, although political uncertainty in the U.S. and Europe continued to weigh on market sentiment. EUR/USD was little changed at 1.0661. The…
Wednesday, 08 February 2017 09:00

Market Forecast 03.02.2017

Market Forecast 03.02.2017 by Capital Investment Brokers - CIBFX Here is what to expect this coming trading week. Earning season reports are already laid out with incoming reports from Disney, Coca-Cola, and General Motors. BNP Paribas and Commerzbank would also provide interest data this coming week. The agreement on the…
GBP surges on hawkish comments. NZD awaits RBNZ decision Daily Forex Market Preview, 08/02/2017 The New Zealand dollar is trading subdued ahead of the Reserve Bank of New Zealand's interest rate decision due later tonight. The Kiwi gave up the gains from yesterday spurred by higher inflation expectations, which overall…
Apple Technical Analysis 07/02/2017 by Paxforex   Apple - bullish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 200 points   Source: www.paxforex.com    
EURUSD Technical Analysis 07.02.17 by Grand Capital The pair has remained under a solid amount of pressure since the yesterday's Draghi's speech, who has made it quite clear that the existing easy monetary policy is here to stay and we shouldn't expect changes in the nearest future. The price is…
Technical Analysis DE30 - "Diesel scandal" of Volkswagen may continue in Europe - by IFC Markets Luxembourg brought criminal charges against the German automaker Volkswagen as part of the “diesel scandal” which previously was under way in US. Will the German DAX index advance? Volkswagen stocks lost 2% on Monday…
Daily Morning Report 07.02.2017 by Traderstrust The dollar climbed against a currency basket on Tuesday, boosted by the weaker euro as concerns over political uncertainty pressured the single currency lower. EUR/USD hit more than one-week lows of 1.0662 and was last at 1.0663, down 0.77% for the day. Sentiment on…
EURUSD hits technical resistance; targets 1.0600 Daily Forex Market Preview, 07/02/2017 The single currency is looking weaker after failing to break out above the technical resistance at 1.0737. Appetite for the single currency fell as the ECB President, Mario Draghi testified to the EU parliament yesterday where he reiterated that…
Gold Technical Analysis 06/02/2017 by PaxForex Gold - bullish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 1500 points   Source: www.paxforex.com  
EURUSD Technical Analysis 06.02.2016‏ by GrandCapital The pair may remain within the range, as it is restrained by the ECB, that is inclined to continue expansionary monetary policy and the overall weakness of the US dollar amid the uncertainty of the interest rate increase and the start of Trump's fiscal…
Dollar eases as payrolls highlight soft wage growth Daily Forex Market Preview, 06/02/2017 The U.S. dollar settled lower on Friday after the January payrolls report showed a slow pace of growth in the average earnings while November and December payrolls were revised lower. The data overshadowed an otherwise solid headline…
GBPAUD Technical Analysis 03/02/2017 by PaxForex   GBPAUD - Bearish model: pair, ready to continue falling Outlook: the downward trend with the prospect of profits more than 100 points   Source: www.paxforex.com
Technical Analysis – EURGBP neutral in the near- and medium-term by XM EURGBP has been posting gains for the second day in a row, though it is currently mostly unchanged from the previous day’s close. Yesterday it rose by slightly more than 0.9%. The RSI indicator is currently at 52,…
Resumption of economic growth is bullish for Canadian dollar by IFC Markets Canadian GDP rose more than expected in November 2016, the fifth advance in six months. Will the Canadian dollar continue strengthening? The Bank of Canada left the interest rate unchanged at 0.5% at January 18 policy meeting as…
Asian Session – Yen slips on BOJ bond buying, dollar steady ahead of jobs data by XM Central banks moved the markets in Friday’s Asian session, ahead of the much anticipated US nonfarm payrolls report later in the day. The yen swung wildly in reaction to the Bank of Japan’s…

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