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 is set to recapture 1.6260 with a breach !

The GBPUSD maintained a strong bullish momentum the past 2 weeks , It was rejected from the weekly support 1.5893, printed a new one...
forex sales min

Swiss Consumer Price Index fall -0.2% , USDCHF Follows !!

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a...

GBPUSD: Sells Off Below Key Support, Eyes Further Weakness! (Monthly Chart Analysis).

The GBPUSD maintained a strong bearish momentum last month, topped at the 1.5238 levels and bottomed at the 1.4731 levels. This development leaves the...
Forex Aust

Australian GDP Down 0.2% in (Q2) , AUDUSD Follows !

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the...

XAUUSD: Sets Up To Resume Short Term Downtrend !

The XAUUSD continued its losses last week, topped at the 1205 levels and bottomed at the 1162 levels. This development leaves the pair targeting the...
Forex- pound-6598

GBPUSD Large Rebound Could Be Seen !

With GBPUSD failing to continue lower through the 1.2150 levels, a short term bottom could have been placed around that level. While its immediate...

EURUSD & GOLD could fly as Draghi announced 60 billion a month programme beginning...

The European Central Bank agreed today to start on a quantitative easing (QE) programme that will see it print money to buy up 60...

USDJPY Under Pressure , Resistance 98.19 !

The USDJPY continued its bearish momentum yesterday , topped at the 98.19 and bottomed at the 97.15 levels, losing the 97.15 levees will add...

Weekly Market Forecast Nov 17 2014

Last week , we had a mixed US data , and because of the lack of importance news , we have witnessed low volatility...

EURUSD Could Reach 1.3900 Today

As shown on the 4 hour chart below , the EURUSD pair is trapped inside a triangle , with potential break to the upside...