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A closer look at the most important news that could affect the market.

U.S Jobs Report is Better Than Expected In Apr. Sell USD On Rallies!

The U.S Nonfarm Payrolls rose 211K, from 79K in the previous month, passing forecast of 185K in the last month. The Unemployment Rate fell 4.4%, from 4.5% a...

EURUSD Sees A Buying Opportunity On U.S Jobs Report!

The U.S will report on Nonfarm Payrolls for April today at 12:30 GMT. Analysts expect a rise to 185K, from 98K in the previous month. The Unemployment...

GBPUSD Sees A Buying Opportunity On Services PMI Data!

The U.K will report on its Services PMI today at 08:30 GMT. Analysts expect a rise to 54.5 reversing from 55.00 a month earlier... Well, with GBPUSD printing...

Fed is set to leave interest rates unchanged, GBPUSD sees a buying opportunity!

German Unemployment Change ( EURUSD: Bullish But Hesitates Ahead OF 1.0950 levels)... Germany will report on its Unemployment Change today at 07:55 GMT. Analysts expect a...

Daily Market Outlook May 02 2017

RBA Interest Rate Decision (AUDUSD sees a selling opportunity)! The Reserve Bank of Australia will announce its latest interest rate and publish a rate statement...

U.K Retail Sales Down -1.8% In March, Buy GBPUSD On Dips!

The U.K Retails Sales fell -1.8%, from 1.7% in the previous month, missing forecast -2.0  in the last month... This development is likely to bring a...

EURUSD Test Resistance On Positive German Manufacturing PMI !

The German Manufacturing PMI rose 58.2, reversing from 58.3 in the previous month, passing forecast of 58.00 in the last month... This development is likely to...

EURUSD Loses Upside Steam On Printing Rejection Candle!

With EURUSD failing to continue higher through the 1.0770 levels. A short term resistance has been printed at the 1.0777 levels. While its short-term...

GBPUSD Rockets Higher as British PM Theresa May Calls Election For Brexit.

British Prime Minister Theresa May called on Tuesday for an early election on June 8, saying she needed to strengthen her hand in divorce...

XAUUSD Rallies, Extends Upside Offensive!

With a strong rally seeing the pair continuing its past week upside offensive, further strength is likely in the days ahead. This development leaves...

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