Forex Market Analysis - Page 85

Euro continues falling down; pair is expected to extend and reach 1.3265. Previous descending movement from 1.3544 may be considered as five-wave structure...

Last Friday world financial markets closed with mixed index changes. As such, in Europe the British FTSE 100 grew 0.17 percent up to 6,708.42 points, the German DAX fell 0.03 percent down to 9,078.28 points, and the French CAC 40 shed 0.48 percent down to 4,260.44 points...

The Asian session was relatively calm and most major currency pairs were consolidating after much volatility on Friday following the US jobs report...

Last month, the Blackwell Global research team composed an article regarding the impending opportunity to go long on the NZDUSD. Since then, the currency pair has continued the bullish trend...

Overnight the US received a major boost for the economy, as GDP for the year exceeded expectations coming in at 2.8%; this despite the recent government shutdown which was forecast to have a major impact on GDP of roughly 0.6% for the quarter...

Yesterday world financial markets closed mixed once again. Yesterday the ECB cut its interest rate to a record low of 0.25%...

Euro, influenced by news, reached new minimums; this decline is considered as correction. We think, today the price may form consolidation channel between 1.3457 and 1.3374. Later, in our opinion, the pair may break 1.3457 upwards and form reversal pattern...

The Nikkei 225 has been climbing now for some time, and for a lot of commentators and market watchers, it has run out of steam. But is that really the case...

Currency markets were calm during the Asian session, with most currency pairs consolidating as markets await key policy decisions by two major central banks today...

After being stuck in a trading range for the past couple of days, the euro finally broke out to the downside and fell hard against the dollar after the ECB rate announcement...

Euro is forming the second ascending impulse. We think, today the price may continue growing up to reach 1.3605 and then form a correction towards 1.3525...

Currently, the EURUSD is experiencing a downtrend. The currency pair has depreciated by over 300 pips in the past week, as we are witnessing a sell-off in risk appetite currency pairs...

The US dollar extended gains against the yen in Asia today, continuing the rebound form yesterday following better-than-expected ISM non-manufacturing data from the US...

Currency markets are bit more risk-on today, although there will be some caution ahead of the European Central Bank and Bank of England policy meetings that are scheduled for Thursday...

The British pound was the biggest mover in the European session today, rallying against the US dollar and euro as well as against the yen...

Euro finished a descending structure. We think, today the price may form a reversal structure for a new ascending movement to reach a new maximum...

The Australian dollar was boosted by better-than forecast retail sales data, which lessens the possibility a rate cut by the Reserve Bank of Australia at its meeting tomorrow...

The Aussie dollar has fallen off recent highs after a strong sell off in commodity currencies, leaving the Aussie dollar looking incredibly weak...

The euro was able to eke out some gains against the US dollar in the European session, bouncing off a recent six-week low...

The Australia dollar was soggy today after being hit lower on remarks from the Australian central bank. The Reserve Bank of Australia announced it left its key interest rate at 2.5 percent but said that the value of the currency is too high for a stable economic recovery...

Euro finished a descending structure. We think, today the price may form a reversal structure for a new ascending movement to reach a new maximum...

Euro finished a descending structure. We think, today the price may form a reversal structure for a new ascending movement to reach a new maximum...

Risk appetite during the Asian session today was low despite data showing an improvement in China’s manufacturing activity. However, market participants are being cautious trading in riskier assets as focus is back on the Euro zone...

The FTSE 100 is presenting a great opportunity in the last few days as it has climbed rapidly to touch on a major resistance level at 6776.0...

The yen gained against the euro and US dollar in today’s Asian session after the Bank of Japan announced it maintained its current monetary stimulus program...

Yesterday world financial markets finished predominantly with a slump. As such, in Europe Britain FTSE 100 grew 0.04 percent up to 6,777.70 points, Germany DAX 30 fell 0.13 percent down to 9,010.27 points, and France CAC 40 shed 0.09 percent down to 4,274.11 points...

The euro took a tumble against the US dollar and the yen today as a result of weak data, especially CPI data released during the European session...

Euro is moving inside the descending channel; this movement may be considered as a correction towards the level of 1.3700. We can

The Yen is looking like its going to run out of time in the next week and the FOMC meeting might be the catalyst to cause this triangle to break...

Euro finished the correction. We think, today the price may continue growing up and each the target at the level of 1.3874. Later, in our opinion, the pair may start a more serious correction to return to the level of 1.3675 to test it from above...