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Market Watch

A close watch of the most important economic data and indicators that can affect the financial markets to understand the market more effectively.


GBPUSD – Medium/short term analysis 15 Jul 2013

The GBPUSD rebounded strongly last week from 1.4813 levels, topped at 1.5221 levels, resistance is at 1.5304 levels ahead of 1.5465, so as long...
Reversal -65987

Study # 1 : Support And Resistance As Reversals

The concepts of support and resistance are certainly two of the most highly discussed features of technical analysis and they are often regarded as...

EURUSD – NFP:Pullback Could be Seen Towards 1.2970 Before New Sell-off

The EURUSD continued to move downward yesterday, topped at 1.3022 and bottomed at 1.2883 today, focus will be on Non-Farm Payrolls, expectations most likely...

Gold – Bearish bias below 1238 !

The XAUUSD continued its bearish momentum last week, printed resistance at 1238 levels, Initial bias is neutral this week, near term outlook stays bearish...

EURUSD: Halts Upsides, Faces Pullback Threats With Caution!

With EURUSD failing to continue its yesterday's gains, a short-term resistance has been printed at the 1.1365 levels, while its immediate risk remains higher, EURUSD will...
USA Nonfarm payrolls min

U.S Nonfarm Payrolls Falls 223K In Jun, Buy USD On Dips !

Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost...

EURUSD & GBPUSD could fly more than 1000 pips in 2014

As shown on the weekly chart below fall from 1.3710 levels was contained well around 1.2750 levels, If we back to the past a...

USDJPY Weekly Chart : Inside Bar Pattern , Large bearish Reversal Could be In...

As shown on the weekly chart below , the USDJPY has formed an inside bar pattern last week , It's a bearish reversal pattern...

Forecast For 2018, EURUSD Bearish Despite Recovery Attempts.

The outlook in EURUSD has turned neutral with risk to the downside in the long-term forecast, support comes at the 1.0507 levels (high of...
forex13 oe0f4i min

U.S ADP Nonfarm Employment Change (Apr) declines to 169K , USD Slides !

The ADP National Employment Report is a measure of the monthly change in non-farm, private employment, based on the payroll data of approximately 400,000...