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: Could dip towards 1.4400 levels,support at 1.4830

As shown on the weekly chart below, fall from 1.6380 levels was contained by 1.4830 levels, rebound from 1.4830 levels vanished at 1.5750 levels...

Fed Raises Rates, Dollar Is Down Due To Concerns About Trump’s Policy!

The Federal Reserve raised interest rates on Wednesday but left its outlook for the coming years unchanged even as policymakers expected a short-term jump...

Trade Idea:Long EURUSD above 1.3058 !

As shown on the daily chart below. The pair has rejected from the key support 1.3060. According to the %R Williams indicator. We have...
Forex G trade

German ZEW Economic Sentiment Falls To 31.5 In Jun , EURUSD Slides On Price...

The German Zentrum für Europäische Wirtschaftsforschung (ZEW) Economic Sentiment Index gauges the six-month economic outlook. A level above zero indicates optimism; below indicates pessimism....
Forex G trade

German Ifo Business Climate Index Falls 107.4 In Jun, Sell EURUSD On Rebound !

The German Ifo Business Climate Index rates the current German business climate and measures expectations for the next six months. It is a composite...

EURUSD : Inverted Head & Shoulders Under Development !

As shown on the 4 hour chart below , the EURUSD was rejected from the weekly and monthly support at the 1.3706 levels ,...

GBPUSD Major reversal on the way !

The GBPUSD maintained a bearish momentum the past few days, printed resistance at 1.6442 ahead of 1.6507 levels and broke out the rising wedge pattern...
Forex -6595845 -656

U.S Core CPI Falls 0.1%, USD Slides!

The U.S consumer price inflation rose 0.4%, from 0.1% in the preceding month, meeting a forecast of 0.4%. Core CPI fell 0.1%, from 0.2% a...

U.S Retail Sales Up 0.8%, USD Follows!

The U.S Retail Sales rose 0.8%, from 0.5% a month earlier, analysts had expected it to fall 0.3% in the last month. Core Retail Sales rose...

Market -Weekly Outlook Sept 18 2017

Last Week Recap The British pound continues to rise strongly last Thursday on a hawkish Bank of England statement, as the policy announcements showed that...