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.

Forex- 6598989

Will USDINDEX & USDCHF send the EURO beyond 1.3420 !

As shown on the daily chart of USD INDEX posted below. The pair is in extended bullish divergence after losing 81.97 levels. The first...

Events of the day 26 Jul 2013

1- Japan is to release official data on consumer price inflation in less than 1 hour - 11:30 PM GMT - 25 Jul 2013, the Tokyo...

US new home sales 497K – the USD is bullish !

This is the monthly report of new single-family home sales, it is produced by the census bureau and contains prices and inventory figures of...

EURUSD loses the upside momentum before New Home Sales

As shown on the 4-hour chart below, the EURO/Dollar loses the upside momentum. Resistance is at 1.3255. Support is at 1.3205. Stability below 1.3205...

Events of the day 24 Jul 2013

Today we have important news from Europe, UK and United States : 1- At  7:00 GMT, France is to release French Manufacturing PMI, It's a leading indicator of...

USD/INDEX Outlook 23 Jul 2013

As shown on the weekly chart below. The USD/INDEX declined after the false breakout above 84.54 levels. Printed a new high at 84.91 levels....

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...
gold _ usd

Gold under pressure , Resistance is 1300 !

The Gold maintained a bearish momentum 2 days ago, topped at 1300.64 and bottomed at 1270.14. Now the pressure will be on the key...

EURUSD finds support at 1.3065

The EURUSD declined from 1.3175 levels as suggested in previous reports. But downside from 1.3175 was halted at 1.3065 levels. Now the pressure will...
Minors - 956854 (1)

AUDUSD Under Pressure,Resistance at 0.9305

The AUDUSD maintained a bearish momentum the past few days after topping at the 0.9305 levels, the break below the 0.9119 levels, opens the...