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.

German Unemployment Change At 8K EURUSD Extends Corrective Pullback

The German Unemployment Change rose 8K, from -16K in the previous month. passing a forecast of 2K. This development keeps the EURUSD under pressure....
Forex -6595845 -656

USDCAD Sees A Selling Opportunity Ahead Of Canada Retail Sales Data

The outlook in USDCAD remains on the downside as long as 1.3157 resistance holds on a daily closing basis. Support comes at 1.3100 levels....

Market Weekly Outlook Dec 16 2019

It's the last full trading week in 2019. Seems like it will be a British week, the focus will be on Brexit developments after...
UK pound -659865

GBPUSD: Around Critical Resistance 1.2500 Medium-Term Forecast

The GBPUSD maintained a bullish momentum last week. Opened at 1.2268 levels. Closed at 1.2500 Levels. Now the focus will turn to 1.2500 levels....

FOMC: Uncertainty About Next Rate Cut…U.S Dollar Consolidates With Upside Bias!

The Federal Reserve Board and the Federal Open Market Committee on Wednesday, Aug 21 released the attached minutes of the Committee meeting held on...
Forex- pound -98965

GBPUSD: Light Bullish With Caution!

The GBPUSD maintained a bullish momentum yesterday, topped at 1.2178 level and bottomed at 1.2063 levels. This development leaves the pair targeting the 1.2225...
Forex- 9865656

Market Daily Outlook Aug 15 2019

In the day ahead. Investors will shift their focus on data from the U.K and the U.S. From the British side. Retail Sales data...

Market Weekly Outlook Aug 12 2019

In the week ahead. Investors will shift their focus on the German GDP, inflation and retail sales from the U.S. From the U.K the...
Forex- 59896598

GBPUSD Falls On Negative U.K Data!

All U.K data comes red today. Gross Domestic Product (GDP) for the second quarter fell -0.2%, from 0.5%. Analysts expected it to fall to...
Forex- 98785666

U.S.D Slides On Negative ISM Non-Manufacturing PMI

The U.S ISM Non-Manufacturing PMI fell 53.7, from 55.1 in the preceding month. Missing a forecast of 55.5. This development keeps the USD under...