Forex Daily Forecast Jul 19 2019

EURUSD: Sees Consolidation! The EURUSD maintained a bullish momentum yesterday, bottomed at 1.1204 levels. Topped at 1.1280 levels. Now the focus will be on the 1.1280...

Forex Daily Forecast Jul 17 2019

EURUSD Bearish But Around Critical Support The EURUSD continued its bearish momentum yesterday. Topped at 1.1260 levels. And bottomed at 1.1200 levels. This development leaves the...

Forex Daily Forecast Jul 15 2019

EURUSD: Recovers But Around Critical Resistance The EURUSD remains in a recovery mode as long as trades above 1.1250 levels on a daily closing basis. Resistance...

U.S Retail Sales Up 0.4% In Jun. USD Follows!

The U.S Retail Sales (MoM) (Jun) stands at 0.4%, from 0.4% a month earlier, passing a forecast of 0.1% in the last month. Core...

GBPUSD : Support May Hold On Mixed U.K Jobs Report!

The U.K Average Earnings Index +Bonus (May), rose 3.4%, from 3.2% a month earlier, passing a forecast of 3.1%. While U.K Claimant Count Change...

Forex Daily Forecast Jul 19 2019

EURUSD: Sees Consolidation! The EURUSD maintained a bullish momentum yesterday, bottomed at 1.1204 levels. Topped at 1.1280 levels. Now the focus will be on the...

Forex Daily Forecast Jul 17 2019

EURUSD Bearish But Around Critical Support The EURUSD continued its bearish momentum yesterday. Topped at 1.1260 levels. And bottomed at 1.1200 levels. This development leaves...

U.S Retail Sales Up 0.4% In Jun. USD Follows!

The U.S Retail Sales (MoM) (Jun) stands at 0.4%, from 0.4% a month earlier, passing a forecast of 0.1% in the last month. Core...

GBPUSD : Support May Hold On Mixed U.K Jobs Report!

The U.K Average Earnings Index +Bonus (May), rose 3.4%, from 3.2% a month earlier, passing a forecast of 3.1%. While U.K Claimant Count Change...

Forex Daily Forecast Jul 15 2019

EURUSD: Recovers But Around Critical Resistance The EURUSD remains in a recovery mode as long as trades above 1.1250 levels on a daily closing basis....

Market Weekly Outlook Jul 15 2019

Last week recap: The U.S dollar fell on Powell’s dovish remarks! Federal Reserve Chairman opens the door for a possible rate cut at the...

Forex Daily Forecast Jul 11 2019

EURUSD: Rebounds But Around Critical Resistance levels! The EURUSD remains in a recovery mode. As long as 1.1205/1.1190 support holds on a daily closing basis....

U.S Dollar Falls On Powell’s Dovish Remarks!

Federal Reserve Chairman Jerome Powell testifies in front of the House Financial Services Committee on Wednesday. In prepared remarks to the committee. Powell testified...

Forex Daily Forecast Jul 10 2019

EURUSD Bearish But Hesitates Around Critical Support! As long as 1.1225 resistance holds on a daily closing basis. The EURUSD remains on the downside to...

Forex Daily Forecast Jul 09 2019

EURUSD Bearish Eyes Further Downside... As long as 1.1225 resistance holds on a daily closing basis. The EURUSD remains under heavy pressure. Support comes at...
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GBPUSD : Support May Hold On Mixed U.K Jobs Report!

The U.K Average Earnings Index +Bonus (May), rose 3.4%, from 3.2% a month earlier, passing a forecast of 3.1%. While U.K Claimant Count Change...

Forex Daily Forecast Jul 17 2019

EURUSD Bearish But Around Critical Support The EURUSD continued its bearish momentum yesterday. Topped at 1.1260 levels. And bottomed at 1.1200 levels. This development leaves...

Forex Daily Forecast Jul 19 2019

EURUSD: Sees Consolidation! The EURUSD maintained a bullish momentum yesterday, bottomed at 1.1204 levels. Topped at 1.1280 levels. Now the focus will be on the...