Weekly Fundamental Forecasts 30 Dec – 03 Jan

Key data/events which may influence market  this week: US - Pending Home Sales (MoM) (Nov) - Monday  15:00 GMT - The National Association of Realtors (NAR) Pending Home Sales Report measures the change in the number...

Forex Weekly Forecast 23-27 Dec 2013

1- USD - Core Durable Goods Orders (MoM) - Tuesday at 13:30 - Core Durable Goods Orders measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items, a...

Forex Weekly Forecast 16-20 Dec 2013

1- EUR -ECB President Draghi Speaks – Monday 16 Dec at 14:00 , As head of the ECB, which controls short term interest rates, he has more influence over the euro’s value than any other person, his words...

Forex Weekly Forecast 09-13 Dec 2013

1- GBP - BOE Gov Carney Speaks , Monday 9 Dec at 17:15 ; He  will speak at the Economic Club of New York , as head of the central bank, which controls short-term rates, he has...

EURUSD medium term outlook 14 Aug 2013

As shown on the daily chart below, I see EURUSD bullish in medium-term outlook with risk towards the 1.3710 levels based on technical and fundamental perspective , support is at 1.3205 ahead of 1.3175...

The market prepares to shift to a new trading zone !

3 months ago ,The United Kingdom has "fully" recovered from the effects of the global economic crisis of 2008 , but UK keeps such information away of public, just to keep EURO zone away of...

EURUSD – Yearly Chart Analysis Dec 2012

Hello everyone! As shown on the yearly chart below, the pair is under strong negative pressure after topping at 1.6038 in 2008 , we have 3 strong signs of reversal , the pair was rejected...

Market Updates 02 Aug 2013

EURUSD : As long as the daily close is above 1.3165, the pair is very bullish , strong and sudden rise is suggested, below 13165 would weaken / delay the current bullish run for...