OFEED | Ahmed Mamdouh

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Ahmed Mamdouh is the head of the English Fundamental Analysis at Ofeed.com, with 11 years of experience in the financial markets. Mamdouh holds a Master’s Degree in Economics from the American University in Cairo and a Bachelor Degree in Economics from the Faculty of Economics and Political Science, Cairo University.

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2021-01-27T17:42:05	Forex News Created : 2021-01-27 , at 17:42 0 41 US durable goods orders rise less than forecast U.S. durable goods orders rose less than forecast in December, data released by the Commerce Department on Wednesday showed. Read More
2021-01-27T10:41:01	Technical Analysis Created : 2021-01-27 , at 10:41 0 22 Daily Technical analysis for January 27, 2021 The Euro is moving against the US dollar in a downward direction on the hourly interval. The pair is targeting the level of 1.2215 during the coming hours. Read More
2021-01-26T15:19:53	Forex News Created : 2021-01-26 , at 15:19 0 62 Britain records highest unemployment rate since 2016 The British economy today announced its highest unemployment rate in nearly five years during the three months to November, at a time when Coronavirus cases inc Read More
2021-01-26T10:34:29	Technical Analysis Created : 2021-01-26 , at 10:34 0 33 Daily Technical analysis for January 26, 2021 The Euro is moving against the US dollar in a downward direction on the hourly interval. The pair is targeting the level of 1.2215 during the coming hours. Read More
2021-01-25T15:04:22	Forex News Created : 2021-01-25 , at 15:04 0 75 Business confidence in Germany drops to 6-month low Confidence in German companies fell to its lowest level in six months during January, in light of the worsening impact of the second coronavirus wave, which hal Read More
2021-01-25T10:38:09	Technical Analysis Created : 2021-01-25 , at 10:38 0 41 Daily Technical analysis for January 25, 2021 The Euro is moving against the US dollar in a downward direction on the hourly interval. The pair is targeting the level of 1.2215 during the coming hours. Read More
2021-01-22T15:23:57	Fundamental Comment Created : 2021-01-22 , at 15:23 0 113 Pound drops on restrictions, dull UK economic data The British pound dropped for the first time in four days versus the U.S. dollar on Friday, amid possibility that corona restrictions in the U.K. may last unit Read More
2021-01-22T10:55:23	Technical Analysis Created : 2021-01-22 , at 10:55 0 83 Daily Technical analysis for January 22, 2021 The Euro is moving against the US dollar in a downward direction on the hourly interval. We await the breach of the 1.2140 price level to buy. Read More
2021-01-21T15:22:30	Fundamental Comment Created : 2021-01-21 , at 15:22 0 63 Euro rises ahead of ECB meeting The euro managed to rise during trading Thursday’s trading session, ahead of the European Central Bank meeting, in light of the decline in the levels of the US Read More
2021-01-21T10:44:32	Technical Analysis Created : 2021-01-21 , at 10:44 0 73 Daily Technical analysis for January 21, 2021 The Euro is moving against the US dollar in a downward direction on the hourly interval. We await the breach of the 1.2140 price level to buy. Read More
2021-01-20T14:45:30	Forex News Created : 2021-01-20 , at 14:45 0 115 Inflation in Britain begins to rise on Brexit, corona Inflation rates in Britain accelerated during the month of December to start a series of rises during this year, according to expectations. This comes in light Read More
2021-01-20T10:41:32	Technical Analysis Created : 2021-01-20 , at 10:41 0 75 Daily Technical analysis for January 20, 2021 The Euro is moving against the US dollar in a downward direction on the hourly interval. The pair breached the falling trend line, and we are waiting for a rete Read More
2021-01-19T10:41:00	Technical Analysis Created : 2021-01-19 , at 10:41 0 116 Daily Technical analysis for January 19, 2021 The Euro is moving against the US dollar in a downward direction on the hourly interval, where the pair retests the bearish trend line, and we expect more decli Read More
2021-01-18T14:06:08	Fundamental Comment Created : 2021-01-18 , at 14:06 0 151 Dollar hits four-week high ahead of Yellen hearing The U.S. dollar index rose for a second straight session on Monday, resuming its rebound from its lowest level since April 2018 hit two weeks ago, after a repor Read More
2021-01-18T10:33:03	Technical Analysis Created : 2021-01-18 , at 10:33 0 121 Daily Technical analysis for January 18, 2021 The Euro is moving against the US dollar in a downward direction on the hourly interval, where the pair reached the support level of 1.2065, and we are waiting Read More
2021-01-15T17:50:36	Forex News Created : 2021-01-15 , at 17:50 0 137 US retail sales tumble 0.7% in December U.S. retail sales for November witnessed an unexpected decline in December, in light of lower consumer spending rates due to the negative effect of the second w Read More
2021-01-15T15:45:29	Fundamental Comment Created : 2021-01-15 , at 15:45 0 146 Pound trades lower as UK economy shrinks 2.6% The British pound traded lower versus the U.S. dollar on Friday after a report showing the U.K. economy could be on the brink of a double-dip recession as it ha Read More
2021-01-15T10:39:41	Technical Analysis Created : 2021-01-15 , at 10:39 0 140 Daily Technical analysis for January 15, 2021 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in ascending from the support level of 1.2100, breaching the resistance l Read More
2021-01-14T18:13:29	Forex News Created : 2021-01-14 , at 18:13 0 161 US jobless claims rise to five-month high Initial claims for unemployment benefits rose in the United States last week to its highest level in five months, in light of the continuation of closure measur Read More
2021-01-14T14:42:48	Forex News Created : 2021-01-14 , at 14:42 0 143 Chinese exports exceed expectations in December Chinese exports rose during the month of December, exceeding expectations, in light of the return of global demand after the turmoil caused by the Corona pandem Read More
2021-01-14T10:34:34	Technical Analysis Created : 2021-01-14 , at 10:34 0 114 Daily Technical analysis for January 14, 2021 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in ascending from the support level of 1.2100, breaching the resistance l Read More
2021-01-13T15:57:45	Fundamental Comment Created : 2021-01-13 , at 15:57 0 161 Crude oil prices hit highest since February Crude oil prices rose for the second consecutive day during trading Wednesday to record their highest levels since mid-February 2020 after US inventories of cru Read More
2021-01-13T10:42:50	Technical Analysis Created : 2021-01-13 , at 10:42 0 141 Daily Technical analysis for January 13, 2021 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in ascending from the support level of 1.2100, breaching the resistance l Read More
2021-01-12T15:22:18	Fundamental Comment Created : 2021-01-12 , at 15:22 0 160 European shares inch up amid mixed sentiment European shares were little changed with more upside tendency amid mixed sentiment after three Federal Reserve officials hinted to a potential stimulus tapering Read More
2021-01-12T10:42:50	Technical Analysis Created : 2021-01-12 , at 10:42 0 113 Daily Technical analysis for January 12, 2021 The EURUSD is moving in an upward direction on the hourly interval. The pair rose close to its second target and then began to decline, breaking the support of Read More
2021-01-11T15:51:17	Fundamental Comment Created : 2021-01-11 , at 15:51 0 127 Dollar index witnessed new leap as bond yields rise The levels of the US dollar rose with the beginning of this week’s trading, recording its highest level in two weeks against a basket of major currencies, and t Read More
2021-01-11T10:46:14	Technical Analysis Created : 2021-01-11 , at 10:46 0 84 Daily Technical analysis for January 11, 2021 The EURUSD is moving in an upward direction on the hourly interval. The pair rose close to its second target and then began to decline, breaking the support of Read More
2021-01-08T17:49:24	Forex News Created : 2021-01-08 , at 17:49 0 192 US economy sheds more than forecast jobs Today, the US economy released the government jobs report for the non-agricultural sector, and data showed that unemployment rates remained unchanged from Novem Read More
2021-01-08T10:42:43	Technical Analysis Created : 2021-01-08 , at 10:42 0 154 Daily Technical analysis for January 8, 2021 The EURUSD is moving in an upward direction on the hourly interval. the pair succeeded in ascending to its first target 1.2270, and in the event of a breakout a Read More
2021-01-07T13:36:39	Fundamental Comment Created : 2021-01-07 , at 13:36 0 212 Oil climbs to 11-month high on Saudi production cut Oil prices hit an 11-month high on Thursday after Saudi Arabia decided to cut its output over the coming two months and after a report showing a more than forec Read More
2021-01-07T10:37:39	Technical Analysis Created : 2021-01-07 , at 10:37 0 129 Daily Technical analysis for January 7, 2021 The EURUSD is moving in an upward direction on the hourly interval. the pair succeeded in ascending to its first target 1.2270, and in the event of a breakout a Read More
2021-01-06T17:00:14	Fundamental Comment Created : 2021-01-06 , at 17:00 0 162 Dollar resumes fall on prospect of Democratic sweep The U.S. dollar index resumed its plunge for a second straight session on Wednesday amid prospects of a Democratic sweep to both White House and Congress that c Read More
2021-01-06T10:43:01	Technical Analysis Created : 2021-01-06 , at 10:43 0 117 Daily Technical analysis for January 6, 2021 The EURUSD is moving in an upward direction on the hourly interval. the pair succeeded in ascending to its first target 1.2270, and in the event of a breakout a Read More
2021-01-05T14:54:06	Forex News Created : 2021-01-05 , at 14:54 0 178 Britain announces aid package for companies Britain announced today a new additional aid package directed at companies affected by the lockdown due to the Corona pandemic, where the value of the new packa Read More
2021-01-05T10:34:15	Technical Analysis Created : 2021-01-05 , at 10:34 0 121 Daily Technical analysis for January 5, 2021 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in rising from 1.2100 support, testing the 1.2250 level, and we expect it Read More
2021-01-04T15:42:43	Forex News Created : 2021-01-04 , at 15:42 0 172 Britain manufacturing hits three-year high in December The manufacturing sector in Britain witnessed an increase in growth levels to its highest level in three years during the month of December, as factories rushed Read More
2021-01-04T10:47:30	Technical Analysis Created : 2021-01-04 , at 10:47 0 133 Daily Technical analysis for January 4, 2021 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in rising from 1.2100 support, testing the 1.2250 level, and we expect it Read More
2020-12-24T10:41:49	Technical Analysis Created : 2020-12-24 , at 10:41 0 242 Daily Technical analysis for December 24, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in rising from 1.2100 support, testing the 1.2250 level. We expect it to Read More
2020-12-23T17:59:04	Forex News Created : 2020-12-23 , at 17:59 0 322 US jobless benefits drop, yet remains high The U.S. jobless claims weekly report showed a more than forecast drop last week, but the reading remains high compared to the week before the beginning of 2020 Read More
2020-12-23T15:20:42	Fundamental Comment Created : 2020-12-23 , at 15:20 0 283 Dollar falls ahead of slew of US economic data The US dollar returned on Wednesday to retreat against major currencies after rising over the past two sessions, as risk appetite in the markets gradually cause Read More
2020-12-23T10:44:57	Technical Analysis Created : 2020-12-23 , at 10:44 0 171 Daily Technical analysis for December 23, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in rising from 1.2100 support, testing the 1.2250 level. We expect it to Read More
2020-12-22T14:08:47	Forex News Created : 2020-12-22 , at 14:08 0 334 UK economy grows 16% in the third quarter The British economy recorded a record growth rate during the third quarter of the year, after a historic contraction during the second quarter due to the negati Read More
2020-12-22T10:38:47	Technical Analysis Created : 2020-12-22 , at 10:38 0 188 Daily Technical analysis for December 22, 2020 The EURUSD is moving in an upward direction on the hourly interval. the pair succeeded in rising from 1.2100 support, testing the level of 1.2250, and we expect Read More
2020-12-21T10:42:53	Technical Analysis Created : 2020-12-21 , at 10:42 0 211 Daily Technical analysis for December 21, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair rose to its current bullish targets in the wave of profit taking, testing the suppo Read More
2020-12-18T14:32:03	Fundamental Comment Created : 2020-12-18 , at 14:32 0 286 Yen falls after BOJ, yet set for weekly gain The levels of the Japanese yen fell during today's trading against the dollar by 0.6%, after a meeting of the Bank of Japan, which witnessed the bank’s commitme Read More
2020-12-18T10:48:27	Technical Analysis Created : 2020-12-18 , at 10:48 0 232 Daily Technical analysis for December 18, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in rising to the specified targets, and reached the level of 1.2270, and Read More
2020-12-17T17:25:26	Fundamental Comment Created : 2020-12-17 , at 17:25 0 308 Pound retains gains after BOE meeting The British pound was able to maintain the gains it recorded against the dollar, after hitting the highest level since May 2018, after the Bank of England meeti Read More
2020-12-17T15:42:19	Forex News Created : 2020-12-17 , at 15:42 0 279 Euro area inflation remains at -0.3% in November The euro zone released data on the inflation rate for the month of November, which witnessed a new decline, to remain in the negative territory for a fourth con Read More
2020-12-17T10:44:23	Technical Analysis Created : 2020-12-17 , at 10:44 0 159 Daily Technical analysis for December 17, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair rose close to its first target 1.2170. The pair is currently trading below this res Read More
2020-12-16T15:41:50	Fundamental Comment Created : 2020-12-16 , at 15:41 0 223 Pound rises on Brexit hopes, dollar weakness The pound resumed its rise versus the U.S. dollar on Wednesday, trading near its highest level in two weeks, amid hopes of Brexit deal after European Commission Read More
2020-12-16T14:55:18	Forex News Created : 2020-12-16 , at 14:55 0 220 Eurozone business activity improves, yet concerns persist Data on the manufacturing and the services sectors in the euro area showed a better than expected improvement in the performance of the economy during the month Read More
2020-12-16T10:43:34	Technical Analysis Created : 2020-12-16 , at 10:43 0 150 Daily Technical analysis for December 16, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair rose close to its first target 1.2170. The pair is currently trading below this res Read More
2020-12-15T15:07:32	Forex News Created : 2020-12-15 , at 15:07 0 233 Britain’s layoff rates rise to record high Britain announced today that the unemployment rate has risen again during the three months ended October, while layoffs have reached a record level, in light of Read More
2020-12-15T10:45:07	Technical Analysis Created : 2020-12-15 , at 10:45 0 164 Daily Technical analysis for December 15, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair rose close to its first target 1.2170. The pair is currently trading below this res Read More
2020-12-14T10:43:19	Technical Analysis Created : 2020-12-14 , at 10:43 0 195 Daily Technical analysis for December 14, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair rose close to its first target 1.2170, and we expect it to continue rising, targeti Read More
2020-12-11T14:52:45	Fundamental Comment Created : 2020-12-11 , at 14:52 0 284 Recovery in US dollar pushes sterling lower The recovery levels of the US dollar index against major currencies on Friday added more negative pressure on the British pound and pushed it to its lowest leve Read More
2020-12-11T11:01:27	Technical Analysis Created : 2020-12-11 , at 11:01 0 210 Daily Technical analysis for December 11, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair rose close to its first target 1.2170, and we expect it to continue rising, targeti Read More
2020-12-10T15:54:54	Fundamental Comment Created : 2020-12-10 , at 15:54 0 300 Pound suffers hefty losses after UK growth data The British pound witnessed a significant decline against the dollar during today's trading, after the weak growth data released today by the British economy, w Read More
2020-12-10T10:38:00	Technical Analysis Created : 2020-12-10 , at 10:38 0 169 Daily Technical analysis for December 10, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair fell to its first target of 121.00 and rebounded from it, and we expect it to re-te Read More
2020-12-09T10:36:57	Technical Analysis Created : 2020-12-09 , at 10:36 0 233 Daily Technical analysis for December 9, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair fell to its first target of 121.00 and rebounded from it, and we expect it to re-te Read More
2020-12-08T15:10:11	Fundamental Comment Created : 2020-12-08 , at 15:10 0 246 Exports, spending push euro area growth to record high During the third quarter of the year, the euro zone economy recorded the highest growth rate ever recorded in the summer period, supported by consumer spending Read More
2020-12-08T10:43:03	Technical Analysis Created : 2020-12-08 , at 10:43 0 206 Daily Technical analysis for December 8, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair rose to the target area of 1.2100: 1.2150, recorded the highest price at 12178, and Read More
2020-12-07T10:46:33	Technical Analysis Created : 2020-12-07 , at 10:46 0 228 Daily Technical analysis for December 7, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair rose to the target area of 1.2100: 1.2150, recorded the highest price at 12178, and Read More
2020-12-04T18:02:24	Forex News Created : 2020-12-04 , at 18:02 0 268 US job creation pace slows, unemployment drops The U.S. non-farm payrolls released on Friday showed that the U.S. job creation pace slowed sharply in November, while the unemployment rate dropped. Read More
2020-12-04T10:45:56	Technical Analysis Created : 2020-12-04 , at 10:45 0 224 Daily Technical analysis for December 4, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair rose to the target area of 1.2100: 1.2150, recorded the highest price at 12178, and Read More
2020-12-03T15:21:12	Forex News Created : 2020-12-03 , at 15:21 0 272 Second lockdown in Germany pushes services into recession Statistics showed that the second closure measures taken by the German government pushed the services sector into a deep recession during the month of November, Read More
2020-12-03T10:44:46	Technical Analysis Created : 2020-12-03 , at 10:44 0 169 Daily Technical analysis for December 3, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in ascending towards the target price 1.2050 after its success in enterin Read More
2020-12-02T15:37:56	Forex News Created : 2020-12-02 , at 15:37 0 237 Australian dollar rally continues after GDP data The Australian dollar continued to rise for the second day in a row against its US counterpart, near its highest level since mid-2018, and this comes after the Read More
2020-12-02T10:42:57	Technical Analysis Created : 2020-12-02 , at 10:42 0 195 Daily Technical analysis for December 2, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in ascending towards the target price 1.2050 after its success in enterin Read More
2020-12-01T13:54:39	Fundamental Comment Created : 2020-12-01 , at 13:54 0 292 Australian dollar maintains gains after RBA decision The Australian dollar maintains its gains against its US counterpart after the Reserve Bank of Australia decided today to hold interest rates at its lowest rate Read More
2020-12-01T10:36:56	Technical Analysis Created : 2020-12-01 , at 10:36 0 193 Daily Technical analysis for December 1, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in rising towards the target price of 1.2000 and then retreated, breaking Read More
2020-11-30T15:35:42	Forex News Created : 2020-11-30 , at 15:35 0 248 Britain’s mortgage approvals jump to 13-year high Data from the Bank of England released on Monday indicated that British lenders approved the highest number of mortgages in more than 13 years in October, provi Read More
2020-11-30T10:47:06	Technical Analysis Created : 2020-11-30 , at 10:47 0 185 Daily Technical analysis for November 30, 2020 The EURUSD is moving in an upward direction on the hourly interval. ??he pair is trading within a bullish channel and targets the level of 1.2000 during the com Read More
2020-11-27T16:45:26	Forex News Created : 2020-11-27 , at 16:45 0 260 Eurozone sentiment drops, euro holds gains Market sentiment in the euro area witnessed a significant decline for the first time in seven months in November, as the number of Coronavirus infections increa Read More
2020-11-27T10:35:19	Technical Analysis Created : 2020-11-27 , at 10:35 0 204 Daily Technical analysis for November 27, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair is targeting the 1.2000 price level during the coming hours. Read More
2020-11-26T10:46:35	Technical Analysis Created : 2020-11-26 , at 10:46 0 214 Daily Technical analysis for November 26, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair is targeting the 1.2000 price level during the coming hours. Read More
2020-11-25T15:46:12	Fundamental Comment Created : 2020-11-25 , at 15:46 0 351 Gold stabilizes near four-and-half month low Gold prices stabilized on Wednesday near its lowest level in four and a half months, which it recorded yesterday after two sessions of a sharp decline, where th Read More
2020-11-25T10:38:46	Technical Analysis Created : 2020-11-25 , at 10:38 0 239 Daily Technical analysis for November 25, 2020 The EURUSD is moving in an upward direction on the hourly interval. The price has breached the upper boundary of the rectangle pattern, and we are waiting for s Read More
2020-11-24T15:32:09	Fundamental Comment Created : 2020-11-24 , at 15:32 0 279 Recovery in German economy supports euro, stocks The euro and European stocks rose on Tuesday after growth data from the German economy, which showed a large partial recovery during the third quarter of the ye Read More
2020-11-24T10:55:57	Technical Analysis Created : 2020-11-24 , at 10:55 0 146 Daily Technical analysis for November 24, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We are waiting for a break or breach of the rectangle pattern in which the movement is movi Read More
2020-11-23T14:07:38	Forex News Created : 2020-11-23 , at 14:07 0 258 Business activity eurozone contracts sharply in November Business activity in the euro area witnessed a sharp contraction during the month of November due to the negative impact of the Covid-19 closure restrictions, w Read More
2020-11-23T10:39:36	Technical Analysis Created : 2020-11-23 , at 10:39 0 177 Daily Technical analysis for November 23, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We are waiting for a break or breach of the rectangle pattern in which the movement is movi Read More
2020-11-20T10:33:47	Technical Analysis Created : 2020-11-20 , at 10:33 0 242 Daily Technical analysis for November 20, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We are waiting for a break or breach of the rectangle pattern in which the movement is movi Read More
2020-11-19T10:44:43	Technical Analysis Created : 2020-11-19 , at 10:44 0 218 Daily Technical analysis for November 19, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We are waiting for a break or breach of the rectangle pattern in which the movement is movi Read More
2020-11-18T16:14:11	Fundamental Comment Created : 2020-11-18 , at 16:14 0 324 Pound extends gains after UK inflation data The British pound rose for a fourth consecutive session versus the U.S. dollar, finding support from improved inflation data in Britain during the month of Octo Read More
2020-11-18T10:42:14	Technical Analysis Created : 2020-11-18 , at 10:42 0 215 Daily Technical analysis for November 18, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We are waiting for a break or breach of the rectangle pattern in which the movement is movi Read More
2020-11-17T18:24:06	Forex News Created : 2020-11-17 , at 18:24 0 216 US retail sales rise less than expectations in October U.S. retail sales for October witnessed a less than expected decline, in light of lower consumer spending rates due to the uncertainty associated with the secon Read More
2020-11-17T15:28:51	Fundamental Comment Created : 2020-11-17 , at 15:28 0 298 Dollar extends losses ahead of US retail sales The US dollar widened its losses against major currencies on Tuesday, record a decline for a fourth consecutive session, ahead of important U.S. data, including Read More
2020-11-17T10:35:09	Technical Analysis Created : 2020-11-17 , at 10:35 0 201 Daily Technical analysis for November 17, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We are waiting for a break or breach of the rectangle pattern in which the movement is movi Read More
2020-11-16T10:45:41	Technical Analysis Created : 2020-11-16 , at 10:45 0 183 Daily Technical analysis for November 16, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We are waiting for a break or breach of the rectangle pattern in which the movement is movi Read More
2020-11-13T10:36:36	Technical Analysis Created : 2020-11-13 , at 10:36 0 265 Daily Technical analysis for November 13, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair is expected to rise to the level of 1.1950. Read More
2020-11-12T14:37:35	Forex News Created : 2020-11-12 , at 14:37 0 309 Pound drops as UK growth eases in September The British economy continued to decline during the month of September, which was shown by the GDP data that indicated a slowdown in September, which negatively Read More
2020-11-11T16:51:40	Fundamental Comment Created : 2020-11-11 , at 16:51 0 312 Dollar maintains gains after Federal comments The US dollar continued to rise during today's session to maintain its gains after the significant deterioration in the federal currency during the past week, w Read More
2020-11-10T16:16:31	Fundamental Comment Created : 2020-11-10 , at 16:16 0 265 Gold recovers slightly after yesterday's collapse Gold recovered slightly on Tuesday after the great decline it recorded yesterday, which caused gold to drop to its lowest level in five weeks, and this comes wi Read More
2020-11-10T14:41:39	Forex News Created : 2020-11-10 , at 14:41 0 307 China’s inflation drops significantly in October China today announced data on inflation rates from the point of view of consumers and producers during the month of October, showing a significant decline compa Read More
2020-11-10T10:43:28	Technical Analysis Created : 2020-11-10 , at 10:43 0 215 Daily Technical analysis for November 10, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair is close to the 1.1780 price level, which represents a support level, and we expect Read More
2020-11-09T17:09:03	Forex News Created : 2020-11-09 , at 17:09 0 353 Covid-19 vaccine news push stocks higher Global stocks hit a new record high on Monday, widening their earlier gains, after a report showing that new trials by Pfizer and BioNTech boosted global equiti Read More
2020-11-09T15:43:30	Fundamental Comment Created : 2020-11-09 , at 15:43 0 260 Dollar’s suffering continues after Biden victory The US dollar continued to suffer against major currencies after the announcement of Democratic Party candidate Joe Biden win of the presidency of the United St Read More
2020-11-09T10:37:16	Technical Analysis Created : 2020-11-09 , at 10:37 0 203 Daily Technical analysis for November 9, 2020 The EURUSD is moving in an upward direction on the hourly interval. The pair has breached important levels, and we await stability at 1.1880 to target the 1.195 Read More
2020-11-06T18:08:06	Forex News Created : 2020-11-06 , at 18:08 0 362 US jobs report: Unemployment decreases, jobs beat forecasts Today, the US economy released data from the government jobs report for the non-agricultural sector, which showed during the month of October that new jobs rose Read More
2020-11-06T15:58:28	Fundamental Comment Created : 2020-11-06 , at 15:58 0 326 Dollar collapses as Biden inches closer to White House Dollar collapses as Biden inches closer to White House Read More
2020-11-06T10:39:24	Technical Analysis Created : 2020-11-06 , at 10:39 0 259 Daily Technical analysis for November 6, 2020 The EURUSD is moving in a downward direction on the hourly interval. The pair is moving in a triangle pattern, at the upper boundary, and we expect a drop from Read More
2020-11-05T16:22:44	Forex News Created : 2020-11-05 , at 16:22 0 335 Dollar sags as Biden moves closer to White House For a third consecutive session, the US dollar fell against a basket of major currencies, where it has tumbled by 1.3% since the beginning of the week after the Read More
2020-11-05T14:27:13	Fundamental Comment Created : 2020-11-05 , at 14:27 0 257 BOE widens stimulus with anticipation of the worst The Bank of England announced decided on Thursday to continue stimulating the economy by increasing the value of its program to asset purchases in order to meet Read More
2020-11-05T10:50:11	Technical Analysis Created : 2020-11-05 , at 10:50 0 226 Daily Technical analysis for November 5, 2020 The EURUSD is moving in a downward direction on the hourly interval. The pair is close to the upper bound of the descending classical channel, so we expect it t Read More
2020-11-04T16:09:45	Forex News Created : 2020-11-04 , at 16:09 0 282 Fluctuations dominate euro movements, US elections eyed The euro witnessed a large fluctuation against the US dollar during today's trading, in light of the economic data released by the eurozone, as well as the prel Read More
2020-11-04T14:53:56	Fundamental Comment Created : 2020-11-04 , at 14:53 0 289 PMI: Britain may experience double-dip recession Britain is heading to record a new economic recession during the fourth quarter of this year, after the release of the business sector data that showed the stal Read More
2020-11-04T10:37:09	Technical Analysis Created : 2020-11-04 , at 10:37 0 258 Daily Technical analysis for November 4, 2020 The EURUSD is moving in a downward direction on the hourly interval. The pair is moving in a large range due to the US elections, but it is expected to complete Read More
2020-11-03T14:06:36	Forex News Created : 2020-11-03 , at 14:06 0 234 Australian dollar strengthens despite RBA rate cut The Australian dollar witnessed an increase in today's trading versus its US counterpart, despite the Australian central bank cutting interest rates and announc Read More
2020-11-03T10:34:28	Technical Analysis Created : 2020-11-03 , at 10:34 0 218 Daily Technical analysis for November 3, 2020 The EURUSD is moving in a downward direction on the hourly interval. we are waiting for the price to reach 1.1690, to sell until 1.1600. Read More
2020-11-02T18:59:54	Fundamental Comment Created : 2020-11-02 , at 18:59 0 379 Traders’ Guide During the US Presidential Election The US presidential election race begins on Tuesday, November 3, and financial market expectations are in favor of witnessing strong moves in the markets. Read More
2020-11-02T16:32:13	Fundamental Comment Created : 2020-11-02 , at 16:32 0 341 Euro between manufacturing improvement, dollar’s strength The euro witnessed volatility during its trading today against the US dollar, in light of the improvement in the manufacturing sector data in the eurozone, in a Read More
2020-11-02T10:58:58	Technical Analysis Created : 2020-11-02 , at 10:58 0 223 Daily Technical analysis for November 2, 2020 The EURUSD is moving in a downward direction on the hourly interval. The price broke the support level of 1.1650 and is expected to reach the price level 1.1600 Read More
2020-10-30T13:33:17	Forex News Created : 2020-10-30 , at 13:33 0 341 France grows 18.2% in Q3, Germany expands 8.2% France grew 18.2 percent in the third quarter, while Germany expanded at a pace of 8.2 percent, the flash GDP reading released on Friday showed. Read More
2020-10-30T10:45:40	Technical Analysis Created : 2020-10-30 , at 10:45 0 277 Daily Technical analysis for October 30, 2020 The EURUSD is moving in a downward direction on the hourly interval. The euro broke the support level of 1.1690 and turned to a resistance level, so we expect m Read More
2020-10-29T17:09:05	Forex News Created : 2020-10-29 , at 17:09 0 300 US economy rebounds strongly in Q3 The U.S. economy reported a more than forecast growth pace in the third quarter, providing positive signs on the economy as the coronavirus cases increased mark Read More
2020-10-29T10:41:13	Technical Analysis Created : 2020-10-29 , at 10:41 0 204 Daily Technical analysis for October 29, 2020 The EURUSD is moving in a downward direction on the hourly interval. The price broke the classic bullish channel but did not settle below it, so it is preferabl Read More
2020-10-28T19:04:44	Forex News Created : 2020-10-28 , at 19:04 0 255 BOC: Growth to slow markedly in Q4 Economic recovery will slow markedly in the fourth quarter this year, partly due to the rising Covid-19 infection cases, the Bank of Canada said on Wednesday Read More
2020-10-28T16:05:21	Fundamental Comment Created : 2020-10-28 , at 16:05 0 259 Oil tumbles amid demand, oversupply fears Oil prices dropped significantly on Wednesday, hovering near its lowest level since early October, amid fears from both supply demand sides and as investors tri Read More
2020-10-28T13:14:52	Technical Analysis Created : 2020-10-28 , at 13:14 0 222 Daily Technical analysis for October 28, 2020 The EURUSD is moving in an upward direction on the hourly interval. It is better to wait for the drop to the level of 1.1720 to buy again. Read More
2020-10-27T13:23:18	Technical Analysis Created : 2020-10-27 , at 13:23 0 233 Daily Technical analysis for October 27, 2020 The EURUSD is moving in an upward direction on the hourly interval. It is better to wait for the drop to the level of 1.1720 to buy again. Read More
2020-10-26T14:38:14	Forex News Created : 2020-10-26 , at 14:38 0 293 Germany’s business confidence retreats in October Germany’s business confidence came worse than forecast in October, halting its rise for the first time in six months, probably due to the rise in coronavirus ca Read More
2020-10-26T10:41:49	Technical Analysis Created : 2020-10-26 , at 10:41 0 242 Daily Technical analysis for October 26, 2020 The EURUSD is moving in an upward direction on the hourly interval. The price is close to the resistance level at 1.1880, and it is likely to drop in the coming Read More
2020-10-23T19:03:29	Forex News Created : 2020-10-23 , at 19:03 0 273 US economic activity climbs to record high Economic activities in the United States hit a record high in October to downplay uncertainty about U.S. election and stimulus, as well as the rising risk from Read More
2020-10-23T17:26:24	Fundamental Comment Created : 2020-10-23 , at 17:26 0 285 Britain’s economic recovery fades in October PMI for the services sector in Britain came in at 52.3, less than the expectations that indicated a growth in the sector of 53.4, while the reading for Septembe Read More
2020-10-23T10:42:46	Technical Analysis Created : 2020-10-23 , at 10:42 0 265 Daily Technical analysis for October 23, 2020 The EURUSD is moving in an upward direction on the hourly interval. We are waiting for the euro to drop to the price level of 1.1760 to buy again. Read More
2020-10-22T15:48:39	Fundamental Comment Created : 2020-10-22 , at 15:48 0 302 Euro halts rally after Germany’s confidence data The euro witnessed a decline during Thursday’s trading, ending a four-session wave of rise against the dollar. This comes after data on consumer confidence in G Read More
2020-10-22T10:43:44	Technical Analysis Created : 2020-10-22 , at 10:43 0 257 Daily Technical analysis for October 22, 2020 The EURUSD is moving in an upward direction on the hourly interval. The euro is close to the resistance level at 1.1880 and the upper boundary of the bullish cl Read More
2020-10-21T14:44:28	Fundamental Comment Created : 2020-10-21 , at 14:44 0 367 Pound Sterling jumps after UK inflation data The British pound rose against the dollar on Wednesday, marking its highest level since the beginning of the week, after the release of a number of data from th Read More
2020-10-21T10:38:10	Technical Analysis Created : 2020-10-21 , at 10:38 0 289 Daily Technical analysis for October 21, 2020 The EURUSD is moving in an upward direction on the hourly interval. The euro is close to the resistance level at 1.1880 and the upper boundary of the bullish cl Read More
2020-10-20T13:52:57	Fundamental Comment Created : 2020-10-20 , at 13:52 0 344 Positive corporate results push European shares higher European stocks traded higher during the day of Tuesday with the support of the strong corporate profits recorded by the Swiss UBS, despite concerns about the s Read More
2020-10-20T10:35:50	Technical Analysis Created : 2020-10-20 , at 10:35 0 240 Daily Technical analysis for October 20, 2020 The EURUSD is moving in a downward direction on the hourly interval. Despite the pair's rise yesterday, it is still moving in a downward direction and is likely Read More
2020-10-19T10:38:15	Technical Analysis Created : 2020-10-19 , at 10:38 0 253 Daily Technical analysis for October 19, 2020 The EURUSD is moving in a downward direction on the hourly interval. We await the breach of the support level 1.1690 to sell again. Read More
2020-10-16T17:22:12	Forex News Created : 2020-10-16 , at 17:22 0 283 US retail sales for September smash forecasts Retail sales from the United States showed a significant increase, thereby reflecting the improvement in household sector, but concerns remain about the deterio Read More
2020-10-16T15:07:02	Forex News Created : 2020-10-16 , at 15:07 0 316 Euro area CPI inflation drops 0.3% in September The euro zone today announced data on inflation rates during the month of September showing the continued deepening of the decline in inflation, which is far fr Read More
2020-10-16T10:40:19	Technical Analysis Created : 2020-10-16 , at 10:40 0 252 Daily Technical analysis for October 16, 2020 The EURUSD is moving in a downward direction on the hourly interval. We await the breach of the support level 1.1690 to sell again. Read More
2020-10-15T17:33:21	Forex News Created : 2020-10-15 , at 17:33 0 304 US jobless claims rise to 898,000 The United States announced on Thursday data on unemployment in the past week to witness a higher than predicted claims, which reflected the continued impact of Read More
2020-10-15T14:38:36	Fundamental Comment Created : 2020-10-15 , at 14:38 0 323 China’s inflation deterioration pressures government The inflation data announced by China on Thursday was greatly disappointing at the level of both consumers and producers, which increased the pressure on the Ch Read More
2020-10-15T11:29:39	Technical Analysis Created : 2020-10-15 , at 11:29 0 229 Daily Technical analysis for October 15, 2020 The EURUSD is moving in an upward direction on the hourly interval after breaking the upward trend line, where the pair may fall to the price level of 1.1700. Read More
2020-10-14T17:31:00	Forex News Created : 2020-10-14 , at 17:31 0 328 OECD warns: Britain may contract 10% in 2020 The Organization for Economic Cooperation and Development (OECD) has announced negative expectations of growth in the British economy under the elevating risks Read More
2020-10-14T14:42:52	Fundamental Comment Created : 2020-10-14 , at 14:42 0 353 Dollar grabs haven demand amid Covid-19 uncertainity The dollar index rose for a second straight session on Wednesday, recording its highest level in almost a week, with the return of demand on the federal currenc Read More
2020-10-14T10:43:37	Technical Analysis Created : 2020-10-14 , at 10:43 0 236 Daily Technical analysis for October 14, 2020 The EURUSD is moving in an upward direction on the hourly interval after breaking the upward trend line, where the pair may fall to the price level of 1.1700. Read More
2020-10-13T16:57:27	Forex News Created : 2020-10-13 , at 16:57 0 320 China imports climb, exports resume rise China released its foreign trade data for the month of September, which showed a large increase that exceeded expectations in imports, reflecting the rise in do Read More
2020-10-13T10:40:46	Technical Analysis Created : 2020-10-13 , at 10:40 0 206 Daily Technical analysis for October 13, 2020 The EURUSD is moving in an upward direction on the hourly interval. It is likely that the pair will continue to rise up to the level of 1.2000. Read More
2020-10-12T17:42:36	Fundamental Comment Created : 2020-10-12 , at 17:42 0 333 BOE discusses applying negative interest rates The Bank of England asked on Monday trade banks at home about their willingness to apply zero or negative interest rates. Read More
2020-10-12T10:42:55	Technical Analysis Created : 2020-10-12 , at 10:42 0 229 Daily Technical analysis for October 12, 2020 The EURUSD is moving in an upward direction on the hourly interval. it is likely that the pair will continue to rise up to the level of 1.2000. Read More
2020-10-09T15:38:24	Fundamental Comment Created : 2020-10-09 , at 15:38 0 284 British pound holds gains despite weak GDP The British pound was able to maintain the gains that it started in three consecutive sessions, despite the weak growth data released today by the British econo Read More
2020-10-09T10:42:31	Technical Analysis Created : 2020-10-09 , at 10:42 0 234 Daily Technical analysis for October 9, 2020 The EURUSD is moving in a downward direction on the hourly interval, where the price touches the uptrend line and is likely to rise in the coming hours. Read More
2020-10-08T10:32:07	Technical Analysis Created : 2020-10-08 , at 10:32 0 240 Daily Technical analysis for October 8, 2020 The EURUSD is moving in a downward direction on the hourly interval. The price fell from a re-test of the broken trend line, and it is likely that it will conti Read More
2020-10-07T10:40:38	Technical Analysis Created : 2020-10-07 , at 10:40 0 223 Daily Technical analysis for October 7, 2020 The EURUSD is moving in a downward direction on the hourly interval. The price fell from a re-test of the broken trend line, and it is likely that it will conti Read More
2020-10-06T13:51:51	Fundamental Comment Created : 2020-10-06 , at 13:51 0 285 RBA holds rates, hints to more stimulus The Central Bank of Australia held its interest rates at a record low of 0.25 percent, while referred to the possibility of injecting more cash stimulus while l Read More
2020-10-06T10:35:15	Technical Analysis Created : 2020-10-06 , at 10:35 0 232 Daily Technical analysis for October 6, 2020 The EURUSD is moving in a downward direction on the hourly interval. The price retests the broken rectangle, and it may fall from the current levels. Read More
2020-10-05T15:39:07	Forex News Created : 2020-10-05 , at 15:39 0 273 European services experience contraction in September Today, data on the performance of the services sector in European countries according to the PMI was released, showed improvement in the readings compared to ex Read More
2020-10-05T10:37:08	Technical Analysis Created : 2020-10-05 , at 10:37 0 221 Daily Technical analysis for October 5, 2020 The EURUSD is moving in a downward direction on the hourly interval. Where the price currently retesting the broken rectangle, and it may fall from the current Read More
2020-10-02T17:33:42	Forex News Created : 2020-10-02 , at 17:33 0 354 US unemployment retreats, jobs miss forecast Today, the United States of America released the government jobs report on the non-agricultural sector. The report showed that US unemployment rates declined du Read More
2020-10-02T15:22:15	Fundamental Comment Created : 2020-10-02 , at 15:22 0 307 Euro braces for weekly gain despite dismal CPI data The euro was able to achieve gains this week against the dollar, taking advantage of the latter's weakness and varying investor appetite for risks, to record a Read More
2020-10-02T10:30:21	Technical Analysis Created : 2020-10-02 , at 10:30 0 257 Daily Technical analysis for October 2, 2020 The EURUSD is moving in a downward direction on the hourly interval. the price is retesting the broken rectangle. Read More
2020-10-01T14:30:00	Forex News Created : 2020-10-01 , at 14:30 0 323 Eurozone Manufacturing growth accelerates in September In the euro zone, the data of the manufacturing for September appeared strong , marked by the sector's performance in Germany, which leads the recovery. Read More
2020-10-01T10:36:27	Technical Analysis Created : 2020-10-01 , at 10:36 0 227 Daily Technical analysis for October 1, 2020 The EURUSD is moving in a downward direction on the hourly interval. the price is retesting the broken rectangle. Read More
2020-09-30T10:37:10	Technical Analysis Created : 2020-09-30 , at 10:37 0 300 Daily Technical analysis for September 30, 2020 The EURUSD is moving in a downward direction on the hourly interval. the price is retesting the broken rectangle. Read More
2020-09-29T15:13:49	Forex News Created : 2020-09-29 , at 15:13 0 324 UK mortgage approvals hit 13-year high Data from the British Central Bank showed that mortgage approvals rose to its highest levels of 13 years in August, which reflects the bounce in the housing mar Read More
2020-09-29T10:43:19	Technical Analysis Created : 2020-09-29 , at 10:43 0 253 Daily Technical analysis for September 29, 2020 The EURUSD is moving in a downward direction on the hourly interval. It is preferably to sell from 1.1750 price levels. Read More
2020-09-28T14:37:30	Forex News Created : 2020-09-28 , at 14:37 0 372 China industrial profits grow for fourth consecutive month On Sunday, China announced that the profits of industrial companies rose for a fourth consecutive month in August, after finding support from the recovery in co Read More
2020-09-28T10:39:53	Technical Analysis Created : 2020-09-28 , at 10:39 0 198 Daily Technical analysis for September 28, 2020 The EURUSD is moving in a downward direction on the hourly interval. It is preferably ro sell from 1.1750 price levels. Read More
2020-09-25T10:39:17	Technical Analysis Created : 2020-09-25 , at 10:39 0 248 Daily Technical analysis for September 25, 2020 The EURUSD is moving in a downward direction on the hourly interval. The price has breached the rectangle pattern, and we expect it to reach the 1.1600 price le Read More
2020-09-24T10:32:36	Technical Analysis Created : 2020-09-24 , at 10:32 0 289 Daily Technical analysis for September 24, 2020 The EURUSD is moving in a downward direction on the hourly interval. The price has breached the rectangle pattern, and we expect it to reach the 1.1600 price le Read More
2020-09-23T10:38:02	Technical Analysis Created : 2020-09-23 , at 10:38 0 310 Daily Technical analysis for September 23, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price has breached the rectangle pattern, and we expect it to reach the 1.1400 price le Read More
2020-09-22T10:32:32	Technical Analysis Created : 2020-09-22 , at 10:32 0 286 Daily Technical analysis for September 22, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is moving inside a rectangular pattern that we should wait for its breakout to de Read More
2020-09-21T10:30:45	Technical Analysis Created : 2020-09-21 , at 10:30 0 295 Daily Technical analysis for September 21, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is moving inside a rectangular pattern that we should wait for its breakout to de Read More
2020-09-18T10:47:56	Technical Analysis Created : 2020-09-18 , at 10:47 0 329 Daily Technical analysis for September 18, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is moving inside a rectangular pattern that we should wait for its breakout to de Read More
2020-09-17T15:25:30	Forex News Created : 2020-09-17 , at 15:25 0 444 BOE unanimously vote to hold rate at 0.1% Bank of England monetary policy committee have unanimously voted to hold the benchmark interest rate at 0.1 percent, moving in line with market anticipations. Read More
2020-09-17T10:39:31	Technical Analysis Created : 2020-09-17 , at 10:39 0 309 Daily Technical analysis for September 17, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is moving inside a rectangular pattern that we should wait for its breakout to de Read More
2020-09-16T23:05:09	Fundamental Comment Created : 2020-09-16 , at 23:05 0 395 Fed to hold rates at record low at least through 2023 The Federal Reserve decided during its meeting today to keep interest rates unchanged, reiterating that monetary policy will remain supportive of further easing Read More
2020-09-16T14:58:18	Forex News Created : 2020-09-16 , at 14:58 0 337 Britain's inflation drops to the lowest in five years annual consumer price index, which is a measure of inflation in Britain, recorded a 0.2% rise in August, the lowest increase in inflation rates since December o Read More
2020-09-16T10:40:58	Technical Analysis Created : 2020-09-16 , at 10:40 0 412 Daily Technical analysis for September 16, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is moving inside a rectangular pattern that we should wait for its breakout to de Read More
2020-09-15T10:37:34	Technical Analysis Created : 2020-09-15 , at 10:37 0 273 Daily Technical analysis for September 15, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is moving inside a rectangular pattern that we should wait for its breakout to de Read More
2020-09-14T13:54:35	Forex News Created : 2020-09-14 , at 13:54 0 404 Germany's economy ministry expects recovery in the second half Germany's Ministry of Economy issued forecasts indicating that the largest economy in Europe is set to continue the economic recovery from the Coronavirus crisi Read More
2020-09-14T11:08:42	Technical Analysis Created : 2020-09-14 , at 11:08 0 292 Daily Technical analysis for September 14, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is moving inside a rectangular pattern that we should wait for its breakout to de Read More
2020-09-11T16:54:31	Forex News Created : 2020-09-11 , at 16:54 0 460 US consumer prices retreat in August Today, the United States of America released data on inflation rates during the month of August that witnessed that the CPI retreated compared to July's reading Read More
2020-09-11T11:54:52	Forex News Created : 2020-09-11 , at 11:54 0 488 UK economy expands 6.6% in July, yet still far below February levels The U.K. economy expanded 6.6 percent in July, marking its third consecutive monthly growth, as recovery continued after the lift of lockdown measures and amid Read More
2020-09-11T10:45:15	Technical Analysis Created : 2020-09-11 , at 10:45 0 334 Daily Technical analysis for September 11, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is moving inside a rectangular pattern that we should wait for its breakout to de Read More
2020-09-10T16:40:04	Forex News Created : 2020-09-10 , at 16:40 0 367 US initial jobless claims surpass forecasts The weekly jobless claims report released on Thursday showed a rise above forecast last week, raising concerns that the U.S. recovery is losing momentum. Read More
2020-09-10T16:04:50	Fundamental Comment Created : 2020-09-10 , at 16:04 0 470 ECB revises up growth forecasts despite high uncertainty The most recent data released from the euro suggest rebound in economic activities, but the levels are still below the pre-pandemic levels, ECB President Christ Read More
2020-09-10T11:42:10	Technical Analysis Created : 2020-09-10 , at 11:42 0 332 Daily Technical analysis for September 10, 2020 The EURUSD is moving in a downward direction on the hourly interval. The price is retesting the broken classical channel, and it is likely to drop in the coming Read More
2020-09-09T12:15:12	Forex News Created : 2020-09-09 , at 12:15 0 397 China’s factory deflation eases on signs of economic recovery Chinese factory prices marked the slowest level in five months in August from a year earlier, amid signs of economic recovery as the world’s second-biggest econ Read More
2020-09-09T10:38:23	Technical Analysis Created : 2020-09-09 , at 10:38 0 284 Daily Technical analysis for September 9, 2020 The EURUSD is moving in an upward direction on the hourly interval. it is likely that the price will drop to the level of 1.1720. Read More
2020-09-08T16:22:31	FX Graph Created : 2020-09-08 , at 16:22 0 537 Eurozone contraction better than forecast, but still the worst ever The euro zone announced its final reading of the second-quarter GDP on Tuesday, which showed a better-than-expected contraction of the economy, but it remains t Read More
2020-09-08T13:08:43	Forex News Created : 2020-09-08 , at 13:08 0 352 Germany exports rise, yet still below pre-Covid levels Exports from Germany climbed in July, reflecting the rebound in trade after the ease in the corona closure measures, yet overseas sales are still far beneath th Read More
2020-09-08T10:51:08	Technical Analysis Created : 2020-09-08 , at 10:51 0 284 Daily Technical analysis for September 8, 2020 The EURUSD is moving in an upward direction on the hourly interval. The price has fallen from the lower bound of the classical channel and is likely to rise fro Read More
2020-09-07T17:53:52	Fundamental Comment Created : 2020-09-07 , at 17:53 0 376 Crude oil records the lowest since July on Saudi price cut Crude oil prices extended drop on Monday, falling more than 1%, to record its lowest level since July 20, after Saudi Arabia announced the largest price cuts in Read More
2020-09-07T12:18:29	Forex News Created : 2020-09-07 , at 12:18 0 309 China exports report largest rise in 18 months as trade rebounds Trade data released on Monday showed that exports from China reported the strongest rise in 18 months in August, as trade rebounded worldwide after the ease of Read More
2020-09-07T10:46:15	Technical Analysis Created : 2020-09-07 , at 10:46 0 296 Daily Technical analysis for September 7, 2020 The EURUSD is moving in an upward direction on the hourly interval. The price has fallen from the lower bound of the classical channel and is likely to rise fro Read More
2020-09-04T17:00:36	Forex News Created : 2020-09-04 , at 17:00 0 416 American employers add fewer jobs, unemployment drops significantly The U.S. jobs report released on Friday showed that American employers added fewer than predicted jobs in August, while the unemployment rate retreated signific Read More
2020-09-04T12:29:33	Fundamental Comment Created : 2020-09-04 , at 12:29 0 455 Asian stocks trail hefty losses on Wall Street, NFP eyed Asian stocks trailed hefty losses on Wall Street, where technology stocks faced a sharp sell off on profit taking last nigh after the enormous gains achieved si Read More
2020-09-04T10:42:04	Technical Analysis Created : 2020-09-04 , at 10:42 0 345 Daily Technical analysis for September 4, 2020 The EURUSD is moving in an upward direction on the hourly interval. The price has fallen from the lower bound of the classical channel and is likely to rise fro Read More
2020-09-03T18:33:01	Forex News Created : 2020-09-03 , at 18:33 0 304 US services PMI rises to 17-month high in August After the improvement in the manufacturing sector, the services PMI figures released on Thursday showed a rise to the highest level in 17 months in August, prov Read More
2020-09-03T13:08:33	Fundamental Comment Created : 2020-09-03 , at 13:08 0 536 CAC 40 leads gains as France launches €100bn stimulus The French CAC 40 index led gains among European shares on Thursday, as France launched a 100-billion-euro stimulus package to jolt its economy out of recession Read More
2020-09-03T10:50:33	Technical Analysis Created : 2020-09-03 , at 10:50 0 272 Daily Technical analysis for September 3, 2020 The EURUSD is moving in an upward direction on the hourly interval. The price has fallen from the lower bound of the classical channel and is likely to rise fro Read More
2020-09-02T16:44:05	Forex News Created : 2020-09-02 , at 16:44 0 328 US private employers create fewer than estimate jobs in August U.S. private employers created 428,000 jobs in August, clawing back to peak in jobs in February, according to the ADP non-farm employment report released on Wed Read More
2020-09-02T11:57:37	Fundamental Comment Created : 2020-09-02 , at 11:57 0 434 Australian dollar drops from record high after dismal GDP figures The Australian dollar dropped for a second straight session versus the U.S. dollar, easing from its highest level since May 2018, after a report showing the Aus Read More
2020-09-02T10:42:00	Technical Analysis Created : 2020-09-02 , at 10:42 0 293 Daily Technical analysis for September 2, 2020 The EURUSD is moving in an upward direction on the hourly interval. the price has fallen from the upper bound of the classical channel, it is preferable to wait Read More
2020-09-01T17:43:29	FX Graph Created : 2020-09-01 , at 17:43 0 614 Eurozone relapses into deflation in August The euro zone announced today the inflation data in the region for the month of August, which showed a negative reading and the fall of the euro area into defla Read More
2020-09-01T16:49:32	Fundamental Comment Created : 2020-09-01 , at 16:49 0 311 Pound sets new eight-month peak on weaker dollar The pound traded near its highest level since December 2019 versus the U.S. dollar, resuming its advance for a third straight session, taking advantage of the d Read More
2020-09-01T10:48:00	Technical Analysis Created : 2020-09-01 , at 10:48 0 243 Daily Technical analysis for September 1, 2020 The EURUSD is moving in an upward direction on the hourly interval. The price is facing a resistance level at the upper bound of the ascending classical channel Read More
2020-08-31T17:23:42	Fundamental Comment Created : 2020-08-31 , at 17:23 0 294 Brent crude climbs to 5-month high on higher demand expectations Oil prices rose during Monday’s trading session, as the price of Brent crude jumped to its highest level in five months, supported by Chinese data, as well as c Read More
2020-08-31T17:09:31	Cryptocurrency Created : 2020-08-31 , at 17:09 0 904 Binance places new Bitcoin ads in 17 London bus stations Continuing its targeting to the U.K., Binance, the world’s largest cryptocurrency exchange, has placed new ads in London featuring Bitcoin, which it described a Read More
2020-08-31T11:43:44	Forex News Created : 2020-08-31 , at 11:43 0 298 China’s services sector lead recovery in August China’s services sector led recovery from the Coronavirus in August, offsetting the slowdown in the manufacturing sector, the official manufacturing Purchasing Read More
2020-08-31T10:42:07	Technical Analysis Created : 2020-08-31 , at 10:42 0 204 Daily Technical analysis for August 31, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We should wait for the breakout or breach of the triangle pattern to buy or sell. Read More
2020-08-28T17:07:19	Forex News Created : 2020-08-28 , at 17:07 0 375 Canada economy contracts 11.5% in the second quarter The Canadian economy posted a sharp contraction of 11.5 percent in the quarter ended June, following a 2.1 percent drop in the first quarter. Read More
2020-08-28T15:16:21	Fundamental Comment Created : 2020-08-28 , at 15:16 0 402 Yen rises sharply after PM Shinzo Abe’s resignation Japanese Prime Minister Shinzo Abe resigned from his post today for health reasons, pushing the yen up versus the dollar Read More
2020-08-28T14:51:51	Forex News Created : 2020-08-28 , at 14:51 0 298 Eurozone confidence continues recovery for fourth month The European Commission data on confidence released on Friday showed an improvement for a fourth consecutive month in August, after hitting a record low due to Read More
2020-08-28T10:37:49	Technical Analysis Created : 2020-08-28 , at 10:37 0 231 Daily Technical analysis for August 28, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We should wait for the breakout or breach of the triangle pattern to buy or sell. Read More
2020-08-27T11:40:41	Fundamental Comment Created : 2020-08-27 , at 11:40 0 352 Why will the euro drift lower in the coming period? The euro traded lower versus the US dollar, resuming its fall from its highest level since May 2018, as the common currency continues to provide signs of overbo Read More
2020-08-27T10:39:54	Technical Analysis Created : 2020-08-27 , at 10:39 0 299 Daily Technical analysis for August 27, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We should wait for the breakout or breach of the triangle pattern to buy or sell. Read More
2020-08-26T12:04:56	Fundamental Comment Created : 2020-08-26 , at 12:04 0 637 Gold resumes plunge ahead of Jackson Hole Symposium Gold prices extended their drop for a fourth straight session on Wednesday, as investors remained cautious ahead of the awaited Jackson Hole Symposium on Thursd Read More
2020-08-26T10:44:04	Technical Analysis Created : 2020-08-26 , at 10:44 0 288 Daily Technical analysis for August 26, 2020 The EURUSD is moving in a volatile direction on the hourly interval. We should wait for the breakout or breach of the triangle pattern to buy or sell. Read More
2020-08-25T12:57:22	Forex News Created : 2020-08-25 , at 12:57 0 353 German business confidence surpasses expectations The Ifo business climate indicator in Germany came better than forecasts in August, raising hopes that Europe’s biggest economy is on the right recovery path. Read More
2020-08-25T10:42:37	Technical Analysis Created : 2020-08-25 , at 10:42 0 303 Daily Technical analysis for August 25, 2020 The EURUSD is moving in a downward direction on the hourly interval. We should wait for the breakout or breach of the triangle pattern to buy or sell. Read More
2020-08-24T12:21:56	Fundamental Comment Created : 2020-08-24 , at 12:21 0 459 Oil rises on supply disruptions, optimism regarding plasma treatment Oil prices rose on Monday as a hurricane on the Gulf of Mexico forced energy companies to halt part of their oil production, and amid optimism after the U.S. co Read More
2020-08-24T10:47:36	Technical Analysis Created : 2020-08-24 , at 10:47 0 261 Daily Technical analysis for August 24, 2020 The EURUSD is moving in a downward direction on the hourly interval, where the price is on its way to target the 1.1720 price level. Read More
2020-08-21T13:48:30	Forex News Created : 2020-08-21 , at 13:48 0 384 UK growth rises to seven-year high; eurozone activity slows U.K. growth hit a seven-year high in August as the ease of lockdowns helped companies, the flash Purchasing Managers’ Index data released on Friday showed. Read More
2020-08-21T10:47:10	Technical Analysis Created : 2020-08-21 , at 10:47 0 346 Daily Technical analysis for August 21, 2020 The EURUSD is moving in a downward direction on the hourly interval. Where the price is facing a strong resistance level, and a drop from it is likely. Read More
2020-08-20T17:22:25	Forex News Created : 2020-08-20 , at 17:22 0 413 US jobless claims rise above 1m once again The weekly jobless claims report showed a rise once again above the 1 million last week, coming above analysts’ projections, raising concerns that the U.S. reco Read More
2020-08-20T11:47:57	Fundamental Comment Created : 2020-08-20 , at 11:47 0 355 Asian pacific stocks post worst day in a month Asia-Pacific stocks were hit hard on Thursday, posing the worst day in a month, after the Federal Reserve minutes raised concerns regarding U.S. recovery and am Read More
2020-08-20T10:42:18	Technical Analysis Created : 2020-08-20 , at 10:42 0 468 Daily Technical analysis for August 20, 2020 The EURUSD is moving in a downward direction on the hourly interval. The price fell strongly yesterday until it reached the level of 1.1830, and it is likely th Read More
2020-08-19T15:17:51	Fundamental Comment Created : 2020-08-19 , at 15:17 0 386 Dollar bounces off 27-month low ahead of Fed minutes The U.S. dollar recuperated its earlier losses when it fell to a fresh 27-month low, as investors eye the Federal Reserve meeting minutes due later in the day. Read More
2020-08-19T13:54:58	Forex News Created : 2020-08-19 , at 13:54 0 303 UK inflation unexpectedly jumps in July Inflation rates in Britain unexpectedly jumped to the highest level since March, with stores refusing to apply summer discounts to compensate for the losses inc Read More
2020-08-19T11:09:27	Technical Analysis Created : 2020-08-19 , at 11:09 0 254 Daily Technical analysis for August 19, 2020 The EURUSD is moving in an upward direction on the hourly interval. The euro rose strongly against the US dollar, and it is likely to target the 1.2000 level. Read More
2020-08-18T11:45:25	Fundamental Comment Created : 2020-08-18 , at 11:45 0 315 Aussie dollar climbs as RBA downplays need to ease policy The Australian dollar traded higher for a third straight session versus its U.S. counterpart on Tuesday after the Reserve Bank of Australia (RBA) minutes lowere Read More
2020-08-18T10:48:43	Technical Analysis Created : 2020-08-18 , at 10:48 0 241 Daily Technical analysis for August 18, 2020 The EURUSD is moving in an upward direction on the hourly interval after the breach of the ascending triangle pattern. We should await the breach of the resista Read More
2020-08-17T11:48:50	Forex News Created : 2020-08-17 , at 11:48 0 389 Japan posts worst contraction on records in Q2 The Gross Domestic Product (GDP) in Japan saw a sharp contraction in the second quarter on the back of the pandemic lockdown measures, which wiped out all the g Read More
2020-08-17T10:40:49	Technical Analysis Created : 2020-08-17 , at 10:40 0 235 Daily Technical analysis for August 17, 2020 The EURUSD is showing volatile movements on the hourly interval, where we should wait for a break or breach of the triangle to buy or sell. Read More
2020-08-14T11:47:12	Forex News Created : 2020-08-14 , at 11:47 0 292 China retail sales drop for seven straight months Data released on Friday from the National Bureau of Statistics showed that China’s retail sales plunged for a seventh straight month, while industrial productio Read More
2020-08-14T10:51:51	Technical Analysis Created : 2020-08-14 , at 10:51 0 269 Daily Technical analysis for August 14, 2020 The EURUSD is showing volatile movements on the hourly interval, where we should wait for a break or breach of the triangle to buy or sell. Read More
2020-08-13T16:49:00	Forex News Created : 2020-08-13 , at 16:49 0 396 US jobless claims fall below 1m for the first time since March The weekly jobless claims report showed a retreat last week, coming below analysts’ projections, as the ease of lockdown measures helped the job market to start Read More
2020-08-13T15:01:03	Fundamental Comment Created : 2020-08-13 , at 15:01 0 279 IEA lowers oil demand forecasts for the rest of the year The International Energy Agency (IEA) lowered its oil demand forecasts for the third and fourth quarters this year, as the rising covid-19 cases would hit deman Read More
2020-08-13T10:45:03	Technical Analysis Created : 2020-08-13 , at 10:45 0 223 Daily Technical analysis for August 13, 2020 The EURUSD is showing volatile movements on the hourly interval, where the price is moving in a triangle pattern, and it is likely that it will target the upper Read More
2020-08-12T18:21:34	Forex News Created : 2020-08-12 , at 18:21 0 319 US inflation exceeds expectations in July The United States of America announced today data on inflation during the month of July, so that inflation from the consumer point of view has stabilized over t Read More
2020-08-12T18:10:53	Fundamental Comment Created : 2020-08-12 , at 18:10 0 193 Sterling retreats after UK dull growth data The British Pound witnessed negative pressure in its trading against the dollar for the second day in a row, due to the negative impact of the growth data issue Read More
2020-08-12T10:50:48	Technical Analysis Created : 2020-08-12 , at 10:50 0 210 Daily Technical analysis for August 12, 2020 The EURUSD is moving to the downside on the hourly interval, where the price has broken the bullish trend line, and we expect more decline to the level of 1.165 Read More
2020-08-11T11:51:28	Forex News Created : 2020-08-11 , at 11:51 0 274 UK employment marks the worst quarterly decline since 2009 Despite the steadiness of the unemployment rate near a record low in the second quarter, the employment posted the worst quarterly decline since mid-2009, as th Read More
2020-08-11T10:46:31	Technical Analysis Created : 2020-08-11 , at 10:46 0 201 Daily Technical analysis for August 11, 2020 The EURUSD is moving to the upside on the hourly interval, where the price has broken the bullish trend line, and we expect more decline to the level of 1.6500. Read More
2020-08-10T17:04:47	Fundamental Comment Created : 2020-08-10 , at 17:04 0 394 Crude oil prices rise on positive Chinese data Crude oil prices rose during today's trading with the beginning of the week, supported by improved Chinese factory data, along with a rise in energy demand, as Read More
2020-08-10T16:51:19	Forex News Created : 2020-08-10 , at 16:51 0 237 Inflation in China at the highest level since April China today announced inflation data during the month of July, which witnessed a significant recovery on the part of consumers to push inflation rates to their Read More
2020-08-10T10:43:44	Technical Analysis Created : 2020-08-10 , at 10:43 0 290 Daily Technical analysis for August 10, 2020 The EURUSD is moving to the upside on the hourly interval, where the price touches the uptrend line and is likely to rise in the coming hours. Read More
2020-08-07T16:43:57	Forex News Created : 2020-08-07 , at 16:43 0 293 American employers add 1.76m jobs, unemployment retreats The U.S. jobs report released on Friday showed that American employers added jobs a more than forecast jobs in July, while the unemployment rate retreated, wher Read More
2020-08-07T12:15:41	Fundamental Comment Created : 2020-08-07 , at 12:15 0 303 Asian stocks slide on US-China tensions, stimulus uncertainty Asian stocks were mostly lower on Friday amid elevating tensions between the United States and China, and on worries that the U.S. Congress may not reach consen Read More
2020-08-07T11:01:05	Technical Analysis Created : 2020-08-07 , at 11:01 0 236 Daily Technical analysis for August 7, 2020 The EURUSD is moving to the upside on the hourly interval. The price is now facing resistance area, so we should wait and see how the price will interact with i Read More
2020-08-06T16:10:12	Fundamental Comment Created : 2020-08-06 , at 16:10 0 356 Pound climbs to 5-month high on less dovish BOE stance The British pound drifted higher versus major currencies on Thursday after a less dovish tone from the Bank of England, as policymakers highlighted the disadvan Read More
2020-08-06T10:56:05	Technical Analysis Created : 2020-08-06 , at 10:56 0 233 Daily Technical analysis for August 6, 2020 The EURUSD is moving to the upside on the hourly interval. The price has fallen from the level of 1.1900 to 1.1750 and it is possible to rise from these levels. Read More
2020-08-05T13:44:12	Forex News Created : 2020-08-05 , at 13:44 0 408 Euro area, UK business activity move to growth territory in July The final composite purchasing managers’ index for July released on Wednesday showed that the euro area may be emerging from recession. Read More
2020-08-05T12:15:50	Fundamental Comment Created : 2020-08-05 , at 12:15 0 348 Gold smashes $2,000 on money printing, covid-19 fears Gold hit a new record high on Wednesday amid expectations that the money printing policies by major economies would drive inflation higher and on fears of a sec Read More
2020-08-05T10:35:24	Technical Analysis Created : 2020-08-05 , at 10:35 0 253 Daily Technical analysis for August 5, 2020 The EURUSD is moving to the upside on the hourly interval. The price has fallen from the level of 1.1900 to 1.1750 and it is possible to rise from these levels. Read More
2020-08-04T15:16:57	Forex News Created : 2020-08-04 , at 15:16 0 380 Spain’s jobless claims mark first drop since February Spain’s jobless claims dropped for the first time since February in July as the euro area’s fourth-biggest economy reopened business activities after strict loc Read More
2020-08-04T12:42:12	Fundamental Comment Created : 2020-08-04 , at 12:42 0 685 Aussie dollar rises as RBA sounds less pessimistic on economy The Australian dollar traded higher for the first time in three sessions versus its U.S. counterpart on Tuesday after the Reserve Bank of Australia (RBA) provid Read More
2020-08-04T11:26:33	Technical Analysis Created : 2020-08-04 , at 11:26 0 264 Daily Technical analysis for August 4, 2020 The EURUSD is moving to the upside on the hourly interval. The price has fallen from the level of 1.1900 to 1.1750 and it is possible to rise from these levels. Read More
2020-08-03T15:48:13	Forex News Created : 2020-08-03 , at 15:48 0 297 Britain's factory production registers fastest growth since 2017 The British economy released data on Monday showing progress in the performance of the manufacturing sector in July, where the sector saw the fastest pace in ne Read More
2020-08-03T15:38:50	Fundamental Comment Created : 2020-08-03 , at 15:38 0 273 Eurozone manufacturing records first growth since 2019 The manufacturing sector in the euro zone was able to record its first growth since early 2019 in July, in light of the recovery of domestic demand after easing Read More
2020-08-03T11:04:46	Technical Analysis Created : 2020-08-03 , at 11:04 0 201 Daily Technical analysis for August 3, 2020 The EURUSD is moving to the upside on the hourly interval. The price has fallen from the level of 1.1900 to 1.1750 and it is possible to rise from these levels. Read More
2020-07-31T10:41:06	Technical Analysis Created : 2020-07-31 , at 10:41 0 230 Daily Technical analysis for July 31, 2020 The EURUSD is moving to the upside on the hourly interval. The price could not rise higher from the resistance of 1.1900 and is likely to fall. Read More
2020-07-30T10:46:36	Technical Analysis Created : 2020-07-30 , at 10:46 0 218 Daily Technical analysis for July 30, 2020 The EURUSD is moving to the upside on the hourly interval. The price could not rise higher from the resistance of 1.1750 and is likely to fall. Read More
2020-07-29T16:02:47	Forex News Created : 2020-07-29 , at 16:02 0 362 Hong Kong's recession deepens due to Corona pandemic The Hong Kong government announced Wednesday that the economy has deepened its recession during the second quarter of 2020 due to the negative repercussions of Read More
2020-07-29T10:52:19	Technical Analysis Created : 2020-07-29 , at 10:52 0 230 Daily Technical analysis for July 29, 2020 The EURUSD is moving to the upside on the hourly interval. The price could not rise higher from the resistance of 1.1750 and is likely to fall. Read More
2020-07-28T10:44:11	Technical Analysis Created : 2020-07-28 , at 10:44 0 214 Daily Technical analysis for July 28, 2020 The EURUSD is moving to the upside on the hourly interval. The price could not rise higher from the resistance of 1.1750 and is likely to fall. Read More
2020-07-27T15:45:45	Fundamental Comment Created : 2020-07-27 , at 15:45 0 289 Gold skyrockets to new all-time high on market jitters Gold prices skyrocketed to a new all-time high on Monday amid market jitters with the rise in coronavirus cases in several countries and elevating tensions betw Read More
2020-07-27T10:41:35	Technical Analysis Created : 2020-07-27 , at 10:41 0 249 Daily Technical analysis for July 27, 2020 The EURUSD is moving to the upside on the hourly interval. The price is facing a resistance level at 1.1750, and we are waiting for it to close above to buy. Read More
2020-07-24T16:20:03	Fundamental Comment Created : 2020-07-24 , at 16:20 0 284 Pound leaps to six-week high after upbeat UK PMI data The pound traded near its highest level in six weeks versus the U.S. dollar on Friday after a report showing U.K. business activities hit five-year high at the Read More
2020-07-24T11:00:32	Technical Analysis Created : 2020-07-24 , at 11:00 0 264 Daily Technical analysis for July 24, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness and closing above 1.1600 price level, which would push the price towards 1 Read More
2020-07-23T12:22:27	Fundamental Comment Created : 2020-07-23 , at 12:22 0 374 Yuan hits one-week low as US-China tensions escalate The Chinese yuan dipped to a one-week low versus the U.S. dollar on Thursday after escalation in the tensions between the U.S. and China that raised concerns ab Read More
2020-07-23T10:47:48	Technical Analysis Created : 2020-07-23 , at 10:47 0 246 Daily Technical analysis for July 23, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1600 price level. Read More
2020-07-22T14:50:04	Fundamental Comment Created : 2020-07-22 , at 14:50 0 334 Gold hits its highest level since 2011 on weak dollar Gold prices climbed to their highest level since 2011, in light of the continuing factors that increased the demand for safe havens in the financial markets, fo Read More
2020-07-22T11:35:55	Technical Analysis Created : 2020-07-22 , at 11:35 0 308 Daily Technical analysis for July 22, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1600 price level. Read More
2020-07-21T12:12:19	Fundamental Comment Created : 2020-07-21 , at 12:12 0 459 European shares climb to four-month high on EU deal, vaccine optimism European shares climbed to the highest level in four months on Tuesday as EU leaders finally agreed to a €750 billion Recovery Fund and amid optimism after enco Read More
2020-07-21T10:45:50	Technical Analysis Created : 2020-07-21 , at 10:45 0 292 Daily Technical analysis for July 21, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1500 price level. Read More
2020-07-20T10:53:21	Technical Analysis Created : 2020-07-20 , at 10:53 0 280 Daily Technical analysis for July 20, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1500 price level. Read More
2020-07-17T12:51:32	Fundamental Comment Created : 2020-07-17 , at 12:51 0 416 European shares fluctuate ahead of EU summit European shares fluctuated on Friday as German Chancellor Angela Merkel said it would be difficult to see a deal between EU leaders for a recovery fund worth 75 Read More
2020-07-17T10:43:40	Technical Analysis Created : 2020-07-17 , at 10:43 0 280 Daily Technical analysis for July 17, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1500 price level. Read More
2020-07-16T16:07:50	Forex News Created : 2020-07-16 , at 16:07 0 381 ECB vows to keep stimulus until next summer After holding the headline interest rate at 0% and the deposit rate -0.5%, the ECB continued its pledge to keep stimulus until next summer to help the economy o Read More
2020-07-16T13:02:21	Fundamental Comment Created : 2020-07-16 , at 13:02 0 300 China’s growth beats forecasts, yet consumption remains fragile The Chinese economy reported a better than forecast growth in the second quarter, buoyed by strong industrial production, but household consumption remained wea Read More
2020-07-16T10:43:53	Technical Analysis Created : 2020-07-16 , at 10:43 0 338 Daily Technical analysis for July 16, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1500 price level. Read More
2020-07-15T12:16:32	Forex News Created : 2020-07-15 , at 12:16 0 370 UK CPI inflation marks first increase since January The consumer price index, the Bank of England’s preferred gauge for inflation, rose to 0.6 percent in the year ended June, recording its first rise since Januar Read More
2020-07-15T10:46:02	Technical Analysis Created : 2020-07-15 , at 10:46 0 531 Daily Technical analysis for July 15, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1500 price level. Read More
2020-07-14T12:28:58	Forex News Created : 2020-07-14 , at 12:28 0 376 UK returns to growth in May after record fall in April Following a sharp tumble of 20.3 percent in April, the U.K. economy returned to growth in May on expansion in wholesale and retail. Read More
2020-07-14T10:55:50	Technical Analysis Created : 2020-07-14 , at 10:55 0 211 Daily Technical analysis for July 14, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1500 price level. Read More
2020-07-13T12:23:29	Forex News Created : 2020-07-13 , at 12:23 0 359 China’s drop in exports eases in June as economies reopen The drop in China’s exports likely eased in June as major economies reopened their business activities after closures to contain the spread of the coronavirus p Read More
2020-07-13T10:49:46	Technical Analysis Created : 2020-07-13 , at 10:49 0 241 Daily Technical analysis for July 13, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1500 price level. Read More
2020-07-10T15:40:21	Fundamental Comment Created : 2020-07-10 , at 15:40 0 321 IEA raises expectations for 2020 global oil demand The International Energy Agency (IEA) has risen its forecast for global demand for crude oil during 2020, but it clearly warned of the consequences of the Coron Read More
2020-07-10T10:42:59	Technical Analysis Created : 2020-07-10 , at 10:42 0 240 Daily Technical analysis for July 10, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1500 price level. Read More
2020-07-09T14:18:40	Forex News Created : 2020-07-09 , at 14:18 0 475 Significant recovery in German exports, but less than expected Germany released today showed that exports witnessed a significant recovery in May, compared to the sharp collapse in the figures for April, but the large recov Read More
2020-07-09T10:51:26	Technical Analysis Created : 2020-07-09 , at 10:51 0 264 Daily Technical analysis for July 9, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1500 price level. Read More
2020-07-08T15:03:53	Education Created : 2020-07-08 , at 15:03 0 1230 Pros and Cons of Investing in Index Funds Index Funds are simply investing your money through a fund that tracks a designated market index, which is characteristically composed of equities or bonds. The Read More
2020-07-08T14:43:56	Fundamental Comment Created : 2020-07-08 , at 14:43 0 368 Gold pasts physiological level of $1800 on haven demand Gold prices rose during trading on Wednesday to record the highest level in 8 years, surpassing the psychological level of $1,800 an ounce, in light of the high Read More
2020-07-08T10:36:52	Technical Analysis Created : 2020-07-08 , at 10:36 0 396 Daily Technical analysis for July 8, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1400 price level. Read More
2020-07-07T10:55:06	Technical Analysis Created : 2020-07-07 , at 10:55 0 237 Daily Technical analysis for July 7, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1400 price level. Read More
2020-07-06T15:44:45	Fundamental Comment Created : 2020-07-06 , at 15:44 0 252 Global stocks climb to 4-week high on hopes of v-shaped recovery Global stock indices witnessed a rise to their highest level in four weeks during Monday's trading, with the recovery returning to economic activities in both C Read More
2020-07-06T15:35:29	Forex News Created : 2020-07-06 , at 15:35 0 264 Euro recovers after upbeat German factory data Today's German data helped the euro to record widen it gains against the dollar for the second straight session, in light of signs of economic recovery in Germa Read More
2020-07-06T10:59:40	Technical Analysis Created : 2020-07-06 , at 10:59 0 258 Daily Technical analysis for July 6, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1400 price level. Read More
2020-07-03T17:16:12	Fundamental Comment Created : 2020-07-03 , at 17:16 0 513 Pound fluctuates, on track for a weekly rise after PMI data The British pound witnessed fluctuation versus the U.S. dollar during Friday's trading, but it is on its way to record a rise at the weekly basis, following the Read More
2020-07-03T17:03:07	Forex News Created : 2020-07-03 , at 17:03 0 351 Eurozone business sector recovers, yet remains in contraction The eurozone final composite purchasing managers’ index including both services and manufacturing, which is a measure of business activity in the euro area, sho Read More
2020-07-03T10:54:11	Technical Analysis Created : 2020-07-03 , at 10:54 0 282 Daily Technical analysis for July 3, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1400 price level. Read More
2020-07-02T17:17:25	Forex News Created : 2020-07-02 , at 17:17 0 391 American employers add 4.8m jobs, unemployment drops The U.S. jobs report released on Thursday showed that American employers added jobs a more than forecast jobs in June, while the unemployment rate retreated, wh Read More
2020-07-02T13:38:05	Fundamental Comment Created : 2020-07-02 , at 13:38 0 698 Investment Test in Q2: S&P 500 vs Gold vs Bitcoin One the top comparisons that we have been seeing recently is between stocks, gold and Bitcoin. In other words, the battle between high-risk assets, classic safe Read More
2020-07-02T10:47:30	Technical Analysis Created : 2020-07-02 , at 10:47 0 234 Daily Technical analysis for July 2, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1400 price level. Read More
2020-07-01T10:42:02	Technical Analysis Created : 2020-07-01 , at 10:42 0 278 Daily Technical analysis for July 1, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1400 price level. Read More
2020-06-30T15:23:45	Fundamental Comment Created : 2020-06-30 , at 15:23 0 394 Euro extends losses despite improvement in eurozone inflation Inflation rates in the euro area unexpectedly rose during the month of June, while core inflation levels fell again, which prompted the euro to decline and expa Read More
2020-06-30T12:39:56	Forex News Created : 2020-06-30 , at 12:39 0 397 Britain’s economy contracts 2.2% in Q1 The British economy contracted 2.2 percent in first quarter this year, biggest contraction since 1979, where the reading only captured the first impact of the C Read More
2020-06-30T12:21:53	FX Graph Created : 2020-06-30 , at 12:21 0 789 China’s economic activity shows signs of recovery in June China’s economic activity is showing signs of recovery from of the Covid-19 crash in June, as both manufacturing and services improved, through external demand Read More
2020-06-30T10:43:47	Technical Analysis Created : 2020-06-30 , at 10:43 0 235 Daily Technical analysis for June 30, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1400 price level. Read More
2020-06-29T15:01:50	Forex News Created : 2020-06-29 , at 15:01 0 332 Euro area economic sentiment rises to 3-month high Euro area economic sentiment for June climbed to the highest level since March, as the removal of the lockdown restrictions helped the index to recover. Read More
2020-06-29T12:44:15	Fundamental Comment Created : 2020-06-29 , at 12:44 0 400 Asian Stocks Fall As Covid-19 Infections Surpass 10M Asian stocks were down at the beginning of the week, with mounting worries of Covid-19 as the infections surpassed 10 million and as key U.S. States re-imposed Read More
2020-06-29T10:46:56	Technical Analysis Created : 2020-06-29 , at 10:46 0 278 Daily Technical analysis for June 29, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1400 price level. Read More
2020-06-26T14:56:34	Infographic Created : 2020-06-26 , at 14:56 0 1482 America add 29 new billionaires during pandemic The U.S. added 29 new billionaires since the beginning of the Covid-19 pandemic spread on March 18, pushing the aggregate wealth of America’s billionaires by 20 Read More
2020-06-26T12:58:02	FX Graph Created : 2020-06-26 , at 12:58 0 701 Copper set for longest run this year on supply disruptions Copper prices resumed their rally on Friday, set for the longest run of weekly gains this year, due to disruption in supplies from key producers, more specifica Read More
2020-06-26T10:39:35	Technical Analysis Created : 2020-06-26 , at 10:39 0 331 Daily Technical analysis for June 26, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more bullishness towards 1.1400 price level. Read More
2020-06-25T16:47:54	Forex News Created : 2020-06-25 , at 16:47 0 386 US economy shrinks 5% in Q1, claims surpass forecasts U.S. data released on Thursday confirmed that the U.S. economy dropped 5 percent in the first quarter, while the initial jobless claims soared nearly by 1.5 mil Read More
2020-06-25T12:12:19	Fundamental Comment Created : 2020-06-25 , at 12:12 0 516 Oil prices add to losses on corona fears, rise in inventories Oil prices extended their losses for a third straight session on Thursday amidst persisting anxiety of a second wave of coronavirus infections and after a rise Read More
2020-06-25T10:45:28	Technical Analysis Created : 2020-06-25 , at 10:45 0 339 Daily Technical analysis for June 25, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more upside towards 1.1400 price level. Read More
2020-06-24T13:29:26	Forex News Created : 2020-06-24 , at 13:29 0 404 German, French business confidence signal cautious recovery Business confidence in both Germany and France showed government support and ease of lockdown measures could boost recovery in the second half of the year. Read More
2020-06-24T12:26:13	Fundamental Comment Created : 2020-06-24 , at 12:26 0 461 NZ dollar drops after RBNZ statement, sentiment shifts toward safety The New Zealand dollar dipped against its U.S. counterpart on Wednesday after the Reserve Bank of New Zealand held interest rates and pointed to further stimulu Read More
2020-06-24T10:40:05	Technical Analysis Created : 2020-06-24 , at 10:40 0 270 Daily Technical analysis for June 24, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more upside towards 1.1400 price level. Read More
2020-06-23T18:47:11	Forex News Created : 2020-06-23 , at 18:47 0 352 US business activity surges to 4-month high in June U.S. business activity climbed to the highest level in four months in June, as the Covid-19 slump eased with more firms and states starting to reopen following Read More
2020-06-23T13:35:35	FX Graph Created : 2020-06-23 , at 13:35 0 599 Britain's manufacturing returns to growth in June The manufacturing sector in Britain returned to recovery and growth during the month of June, according to statistical data of purchasing managers index, after Read More
2020-06-23T13:20:27	Fundamental Comment Created : 2020-06-23 , at 13:20 0 341 Euro strengthens as eurozone economic slump eases The euro managed to recover significantly during trading today’s trading session, set for ad second straight daily gain, recording its highest level in nearly a Read More
2020-06-23T10:44:45	Technical Analysis Created : 2020-06-23 , at 10:44 0 230 Daily Technical analysis for June 23, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more upside towards 1.1400 price level. Read More
2020-06-22T16:26:04	Cryptocurrency Created : 2020-06-22 , at 16:26 0 1055 China’s Digital Yuan May Come to Light Soon Many rumors have been recently swirling around the digital yuan that aims to establish a digital payment infrastructure, but it seems that the digital yuan coul Read More
2020-06-22T14:08:08	Forex News Created : 2020-06-22 , at 14:08 0 361 New Covid-19 outbreak prompts PBOC to hold interest rates The Chinese central bank kept interest rates unchanged, as the resurgence of the coronavirus pandemic once again will probably prompt the PBOC to hold stimulus Read More
2020-06-22T12:30:35	Fundamental Comment Created : 2020-06-22 , at 12:30 0 417 Gold leaps to one-month high on renewed corona infection fears Gold prices climbed to a one-month high on Monday as frets about a second wave of coronavirus infections boosted safety demand on the precious metal, yet the pr Read More
2020-06-22T10:44:37	Technical Analysis Created : 2020-06-22 , at 10:44 0 244 Daily Technical analysis for June 22, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more upside towards 1.1400 price level. Read More
2020-06-19T12:50:25	FX Graph Created : 2020-06-19 , at 12:50 0 572 S&P long rally highlights inverse relation with dollar As the Covid-19 pandemic exacerbates the battle between risky and safety assets, the inverse relation between the S&P 500 index and the dollar index appears to Read More
2020-06-19T11:43:40	Forex News Created : 2020-06-19 , at 11:43 0 449 UK retail sales rebound, cost of lockdown grows Retail sales in the United Kingdom showed a strong rebound in May, yet another report showed that the cost of economic lockdowns to limit the spread of the pand Read More
2020-06-19T10:40:25	Technical Analysis Created : 2020-06-19 , at 10:40 0 310 Daily Technical analysis for June 19, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more upside towards 1.1400 price level. Read More
2020-06-18T15:33:03	Fundamental Comment Created : 2020-06-18 , at 15:33 0 341 BOE expands QE by 100bn to reinvigorate economy The Bank of England opted to expand its quantitative easing programme by 100 billion pounds to reinvigorate the ailing UK economy that was hit hard by the Covid Read More
2020-06-18T11:58:13	Forex News Created : 2020-06-18 , at 11:58 0 365 SNB holds interest rate, reiterates readiness to intervene in FX market The Swiss National Bank (SNB) decided to hold its interest rates at negative levels to continue to stimulate the economy to recover from the corona pandemic hit Read More
2020-06-18T11:43:03	Fundamental Comment Created : 2020-06-18 , at 11:43 0 353 Asian stocks retreat amid corona resurgence concerns Most Asian stocks were down on Thursday, as the rise in new coronavirus cases in some US states and in Beijing weighed on investors’ sentiment, while downbeat d Read More
2020-06-18T10:45:04	Technical Analysis Created : 2020-06-18 , at 10:45 0 258 Daily Technical analysis for June 18, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more upside towards 1.1400 price level. Read More
2020-06-17T13:45:49	Forex News Created : 2020-06-17 , at 13:45 0 335 Inflation stabilizes in euro area, retreats in Britain Inflation data released in Europe on Wednesday showed that inflation rates in the euro area remained unchanged during May, while annual inflation rates in Brita Read More
2020-06-17T13:37:31	Forex News Created : 2020-06-17 , at 13:37 0 289 Japan's exports fall to the lowest level since 2009 Japan's exports fell during May at their fastest pace since the global financial crisis in 2009, in light of the sharp decline in car sales destined for the Uni Read More
2020-06-17T10:36:22	Technical Analysis Created : 2020-06-17 , at 10:36 0 252 Daily Technical analysis for June 17, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more upside towards 1.1400 price level. Read More
2020-06-16T17:15:01	Fundamental Comment Created : 2020-06-16 , at 17:15 0 354 Significant recovery in retail sales push US futures higher US equity futures rose sharply today, after US retail sales data for May showed a record high, which added to optimism among traders that the worst impact of th Read More
2020-06-16T14:02:59	Forex News Created : 2020-06-16 , at 14:02 0 312 UK jobs report: Unemployment benefits continue to rise Today, the British economy released its jobs report, which showed that the number of people registered in the salaries of British companies decreased by more th Read More
2020-06-16T11:16:33	Technical Analysis Created : 2020-06-16 , at 11:16 0 271 Daily Technical analysis for June 16, 2020 The EURUSD is moving to the upside on the hourly interval. We expect more upside towards 1.1400 price level. Read More
2020-06-15T10:46:08	Technical Analysis Created : 2020-06-15 , at 10:46 0 267 Daily Technical analysis for June 15, 2020 The EURUSD is moving to the upside on the hourly interval, despite its recent drop, where it is possible to reach the level of 1.1100 before going up again. Read More
2020-06-12T12:21:29	Forex News Created : 2020-06-12 , at 12:21 0 279 Britain’s economy contracts 20.4% in April The British economy contracted 20.4 percent in April, biggest contraction since records began in 1997, due to the restrictions imposed by the government to cont Read More
2020-06-12T10:50:38	Technical Analysis Created : 2020-06-12 , at 10:50 0 320 Daily Technical analysis for June 12, 2020 The EURUSD is moving to the upside on the hourly interval, despite the drop yesterday, where it is possible to reach the level of 1.1100 before going up again. Read More
2020-06-11T10:39:27	Technical Analysis Created : 2020-06-11 , at 10:39 0 321 Daily Technical analysis for June 11, 2020 The EURUSD is moving to the upside on the hourly interval, where the pair finds support level represented in the upward trend plan and it is possible to rise fr Read More
2020-06-10T10:38:57	Technical Analysis Created : 2020-06-10 , at 10:38 0 319 Daily Technical analysis for June 10, 2020 The EURUSD is moving to the upside on the hourly interval, where the price rose after retesting the trend line and is likely to target the level of 1.1400 durin Read More
2020-06-09T13:18:04	Forex News Created : 2020-06-09 , at 13:18 0 441 German exports collapse in April on Covid-19 restrictions Data released on Tuesday showed that German exports and imports declined in April, marking their largest decline since 1990, as the Coronavirus crisis reduced d Read More
2020-06-09T10:42:31	Technical Analysis Created : 2020-06-09 , at 10:42 0 309 Daily Technical analysis for June 9, 2020 The EURUSD is moving to the upside on the hourly interval, where the price is retesting the support level of 1.1250 and it is expected to target the level of 1. Read More
2020-06-08T11:27:08	Technical Analysis Created : 2020-06-08 , at 11:27 0 363 Daily Technical analysis for June 8, 2020 The EURUSD is moving to the upside on the hourly interval, where the price is retesting the support level of 1.1250 and it is expected to target the level of 1. Read More
2020-06-05T16:41:51	Forex News Created : 2020-06-05 , at 16:41 0 587 American employers add 2.5M jobs, unemployment retreats The U.S. jobs report released on Friday showed that American employers unexpectedly added jobs in May, while the unemployment rate retreated, yet the figures st Read More
2020-06-05T12:09:08	FX Graph Created : 2020-06-05 , at 12:09 0 651 Bundesbank: German economy may shrink 7% in 2020 The latest estimates by the Bundesbank showed that the German economy may shrink more than 7 percent this year, as the measures imposed to rein in the Covid-19 Read More
2020-06-05T10:37:43	Technical Analysis Created : 2020-06-05 , at 10:37 0 237 Daily Technical analysis for June 5, 2020 The EURUSD is moving to the upside on the hourly interval, where the price may breach resistance at 1.1250 and therefore it is possible to rise to the level of Read More
2020-06-04T16:14:15	Forex News Created : 2020-06-04 , at 16:14 0 607 ECB Expands QE program by €600bn After holding interest rates, as predicted, the European Central Bank decided to expand its quantitative easing program further by 600 billion euros to stimulat Read More
2020-06-04T10:40:55	Technical Analysis Created : 2020-06-04 , at 10:40 0 321 Daily Technical analysis for June 4, 2020 The EURUSD is moving to the upside on the hourly interval, where the price may face a resistance level at 1.1200 and therefore it is possible to correct until 1 Read More
2020-06-03T14:40:27	Forex News Created : 2020-06-03 , at 14:40 0 415 PMI data show worst may be over for Europe Data released today by the euro area showed that companies have suffered another devastating contraction in service sector activity during May, but indicators s Read More
2020-06-03T10:43:18	Technical Analysis Created : 2020-06-03 , at 10:43 0 295 Daily Technical analysis for June 3, 2020 The EURUSD is moving to the upside on the hourly interval, where the price may face a resistance level at 1.1200 and therefore it is possible to correct until 1 Read More
2020-06-02T10:41:35	Technical Analysis Created : 2020-06-02 , at 10:41 0 304 Daily Technical analysis for June 2, 2020 The EURUSD is moving to the upside on the hourly interval, where the price is expected to target 1.1200 price level over the coming hours. Read More
2020-06-01T13:07:48	Forex News Created : 2020-06-01 , at 13:07 0 407 UK manufacturing PMI shows narrowing contraction in May IHS Markit data released on Monday showed that manufacturing in Britain confirmed a narrowing contraction in May, but still new orders and employment dropped at Read More
2020-06-01T10:42:05	Technical Analysis Created : 2020-06-01 , at 10:42 0 221 Daily Technical analysis for June 1, 2020 The EURUSD is moving to the upside on the hourly interval, where the price is expected to target 1.1200 price level over the coming hours. Read More
2020-05-29T13:54:22	Forex News Created : 2020-05-29 , at 13:54 0 420 Euro elevates to two-month high despite weak data The euro continued to rise against the dollar for a fourth consecutive session, on its way to record its second consecutive weekly gain, where it leaped to the Read More
2020-05-29T10:14:10	Technical Analysis Created : 2020-05-29 , at 10:14 0 515 Daily Technical analysis for May 29, 2020 The EURUSD is moving to the upside on the hourly interval, where the price rose until it reached the resistance level of 1.1100. Therefore, we expect a correcti Read More
2020-05-28T16:55:22	Forex News Created : 2020-05-28 , at 16:55 0 411 US economy shrinks 5% in Q1, claims drop to 2.1M U.S. data released on Thursday showed that the U.S. economy dropped 5 percent in the first quarter, while the initial; jobless claims retreated to 2.1 million l Read More
2020-05-28T11:51:29	Fundamental Comment Created : 2020-05-28 , at 11:51 0 418 Asian stocks mixed amid reopening optimism, Hong Kong tensions Asian stocks were mixed on Thursday amid optimism about the possibility of the having economic recovery after reopening and ongoing concerns regarding the US-Ch Read More
2020-05-28T10:37:53	Technical Analysis Created : 2020-05-28 , at 10:37 0 287 Daily Technical analysis for May 28, 2020 The EURUSD is moving to the upside on the hourly interval, where the price is likely to rise to the 1.1100 price level during the coming hours. Read More
2020-05-27T15:51:44	FX Graph Created : 2020-05-27 , at 15:51 0 364 Consumer confidence in France continues to decline Despite global economies’ willingness to gradually end the closure procedures for the Corona pandemic, and some have already implemented this, so far the consum Read More
2020-05-27T13:49:43	Technical Analysis Created : 2020-05-27 , at 13:49 0 244 Daily Technical analysis for May 27, 2020 The EURUSD is showing volatility on the hourly interval, where the price the pair is facing the upper border of the triangle pattern and we expect it to drop in Read More
2020-05-26T16:08:31	Forex News Created : 2020-05-26 , at 16:08 0 300 BOJ pumps $16 billion to mitigate corona crisis The Bank of Japan announced on Tuesday that it pumped 1.7 trillion yen ($15.8 billion) into the economy under a lending plan aimed at boosting loans to companie Read More
2020-05-26T16:00:02	Fundamental Comment Created : 2020-05-26 , at 16:00 0 302 European stocks hover near 11-week high on gradual reopening European stocks were trading near an 11-week high on Tuesday, led British stocks, after companies around the world gradually reopened following a month-long clo Read More
2020-05-26T10:34:55	Technical Analysis Created : 2020-05-26 , at 10:34 0 314 Daily Technical analysis for May 26, 2020 The EURUSD is showing volatility on the hourly interval, where the price has fallen from the upper boundary of the triangle pattern and further decline is expec Read More
2020-05-25T10:35:33	Technical Analysis Created : 2020-05-25 , at 10:35 0 320 Daily Technical analysis for May 25, 2020 The EURUSD is showing volatility on the hourly interval, where the price has fallen from the upper boundary of the triangle pattern and further decline is expec Read More
2020-05-22T10:34:02	Technical Analysis Created : 2020-05-22 , at 10:34 0 329 Daily Technical analysis for May 22, 2020 The EURUSD is showing volatility on the hourly interval, where the price is now resistance compatible with the upper border of the triangle pattern. Read More
2020-05-21T11:00:21	Technical Analysis Created : 2020-05-21 , at 11:00 0 332 Daily Technical analysis for for May 21, 2020 The EURUSD pair s showing volatility on the hourly interval, where the price is now resistance compatible with the upper border of the triangle pattern. Read More
2020-05-20T10:35:05	Technical Analysis Created : 2020-05-20 , at 10:35 0 393 Daily Technical analysis for May 20, 2020 The EURUSD is showing volatility on the hourly interval, where the price is now resistance compatible with the upper border of the triangle pattern. Read More
2020-05-19T17:33:52	Fundamental Comment Created : 2020-05-19 , at 17:33 0 393 European stocks fall despite hopes of reaching corona vaccine European stock indexes fell during Tuesday’s trading, despite hopes of a possible coronavirus vaccine and continued easing of closures undertaken by global econ Read More
2020-05-19T10:33:40	Technical Analysis Created : 2020-05-19 , at 10:33 0 247 Daily Technical analysis for May 19, 2020 The EURUSD is showing volatility on the hourly interval, where the price is now resistance compatible with the upper border of the triangle pattern. Read More
2020-05-18T10:36:03	Fundamental Comment Created : 2020-05-18 , at 10:36 0 396 Economic Week: PMI data for May, FOMC minutes Financial markets' participants will be on a date with a number of important economic data this week, led by Purchasing Managers’ Index data for May and the U.S Read More
2020-05-18T10:33:48	Technical Analysis Created : 2020-05-18 , at 10:33 0 285 Daily Technical analysis for May 18, 2020 The EURUSD is moving in an upward direction on the hourly interval, where the price is now targeting the 1.1000 price level. Read More
2020-05-15T17:12:00	Forex News Created : 2020-05-15 , at 17:12 0 332 US retail sales report sharpest plunge on record Retail sales in the United States saw its sharpest decline on record in April, reflecting the fall in consumer spending due to the lockdown, the US Census Burea Read More
2020-05-15T10:34:12	Technical Analysis Created : 2020-05-15 , at 10:34 0 403 Daily Technical analysis for May 15, 2020 The EURUSD is moving in an upward direction on the hourly interval, where the price is now targeting the 1.1000 price level. Read More
2020-05-14T16:45:32	Forex News Created : 2020-05-14 , at 16:45 0 368 Nearly 3M Americans filed for jobless benefits The United States announced today its weekly jobless claims data that continued to reflect the negative impact of the coronavirus outbreak on the labor market, Read More
2020-05-14T10:38:37	Technical Analysis Created : 2020-05-14 , at 10:38 0 258 Daily Technical analysis for May 14, 2020 The EURUSD is moving in an upward direction on the hourly interval, where the price is now targeting the 1.1000 price level. Read More
2020-05-13T16:40:09	Forex News Created : 2020-05-13 , at 16:40 0 385 US producer prices plunge 1.3% in April Producer prices in the United States fell more than forecasts in April on a decline in demand goods and services after the restrictions imposed by the governmen Read More
2020-05-13T16:31:28	Cryptocurrency Created : 2020-05-13 , at 16:31 0 763 Bitcoin surpasses 9K after third historical halving Bitcoin rose during Wednesday trading, after the largest digital currency in terms of market cap underwent the third historical technical adjustment (halving) s Read More
2020-05-13T16:01:18	Fundamental Comment Created : 2020-05-13 , at 16:01 0 365 Euro rises despite dull industrial production data The euro traded higher on Wednesday despite the release of dull economic data showing that eurozone industrial production recorded the sharpest monthly decline. Read More
2020-05-13T10:33:43	Technical Analysis Created : 2020-05-13 , at 10:33 0 276 Daily Technical analysis for May 13, 2020 The EURUSD is moving in an upward direction on the hourly interval, where the price is now targeting the 1.1000 price level. Read More
2020-05-12T16:41:25	Forex News Created : 2020-05-12 , at 16:41 0 378 US annual CPI decelerates to 0.3% in April Consumer prices in the United States dropped more than forecasts in April on lower demand for goods and services due the outbreak of Covid-19, Labor Department Read More
2020-05-12T10:33:59	Technical Analysis Created : 2020-05-12 , at 10:33 0 255 Daily Technical analysis for May 12, 2020 The EURUSD is moving in an upward direction on the hourly interval, where the price is now targeting the 1.1000 price level. Read More
2020-05-11T10:33:35	Fundamental Comment Created : 2020-05-11 , at 10:33 0 284 Economic Week Ahead: Growth, US data Financial markets' participants will be on a date with a number of important economic data this week, led by growth data from major economies, in addition to a Read More
2020-05-11T10:29:10	Technical Analysis Created : 2020-05-11 , at 10:29 0 246 Daily Technical analysis for May 11, 2020 The EURUSD is moving in an upward direction on the hourly interval, where the price is now targeting the 1.1000 price level. Read More
2020-05-08T16:43:36	Forex News Created : 2020-05-08 , at 16:43 0 428 American employers shed 20.5M jobs, unemployment skyrockets The U.S. jobs report released on Friday showed that American employers cut more than forecast jobs in April, while the unemployment rate skyrocketed, largely re Read More
2020-05-08T10:45:03	Technical Analysis Created : 2020-05-08 , at 10:45 0 291 Daily Technical analysis for May 8, 2020 The EURUSD is moving in an upward direction on the hourly interval, where the price is now targeting the 1.1000 price level. Read More
2020-05-07T16:53:31	Forex News Created : 2020-05-07 , at 16:53 0 541 US jobless benefits rise more than forecast The United States announced today its weekly jobless claims data that continued to reflect the negative impact of the coronavirus outbreak on the labor market, Read More
2020-05-07T10:42:24	Technical Analysis Created : 2020-05-07 , at 10:42 0 479 Daily Technical analysis for May 7, 2020 The EURUSD is moving in an upward direction on the hourly interval. The price is now retesting the breached triangle and may ascend to the 1.0930 price level. Read More
2020-05-06T14:19:28	Fundamental Comment Created : 2020-05-06 , at 14:19 0 667 European Commission: Eurozone GDP may drop 7.7% in 2020 According to its report on the economic outlook the European Commission predicts eurozone GDP to shrink by 7.7 percent in 2020, while public debt and budget def Read More
2020-05-06T12:34:46	FX Graph Created : 2020-05-06 , at 12:34 0 570 German factory orders post record plunge in March German factory orders posted a record plunge in March after drop in all sectors as a result of the coronavirus safety measures. Read More
2020-05-06T12:00:25	Technical Analysis Created : 2020-05-06 , at 12:00 0 261 Daily Technical analysis for May 6, 2020 The EURUSD is moving in an upward direction on the hourly interval. The price is now retesting the breached triangle and may ascend to the 1.0930 price level. Read More
2020-05-05T13:37:06	Forex News Created : 2020-05-05 , at 13:37 0 310 UK business activity reports strongest downturn since 1998 IHS Markit data released on Tuesday showed that U.K. business activity recorded its sharpest downturn since 1998 in April, as measures to slow the spread of the Read More
2020-05-05T10:33:17	Technical Analysis Created : 2020-05-05 , at 10:33 0 288 Daily Technical analysis for May 5, 2020 The EURUSD is moving in an upward direction on the hourly interval. If the price stabilizes above the level of 1.0930, it will target the 1.1000 price level. Read More
2020-05-04T14:44:34	Fundamental Comment Created : 2020-05-04 , at 14:44 0 537 Dollar index rises on renewed US-China tensions The US dollar returned to rise against major currencies on Monday again, ending a wave of decline that continued for seven consecutive sessions, according to th Read More
2020-05-04T10:35:10	Fundamental Comment Created : 2020-05-04 , at 10:35 0 333 US Non-farm Payrolls, BOE In Focus Financial markets' participants will be following important economic reports this week, the foremost of which is the jobs report from the United States, as well Read More
2020-05-04T10:32:33	Technical Analysis Created : 2020-05-04 , at 10:32 0 246 Daily Technical analysis for May 4, 2020 The EURUSD is moving in an upward direction on the hourly interval, where the price is now facing support at 1.0930 and is likely to rise to the 1.1000 price le Read More
2020-05-01T18:23:14	Forex News Created : 2020-05-01 , at 18:23 0 551 US manufacturing PMI falls to the lowest since 2009 The ISM manufacturing PMI showed a drop to the lowest level since April 2009 as the government restrictions to lower the spread of the Covid-19 weighed on the l Read More
2020-05-01T10:19:29	Technical Analysis Created : 2020-05-01 , at 10:19 0 337 Daily Technical analysis for May 1, 2020 The EURUSD is moving in an upward direction on the hourly interval, where yesterday it rose to the level of 1.0950 and it is likely that the rise will continue Read More
2020-04-30T16:45:49	Forex News Created : 2020-04-30 , at 16:45 0 605 US jobless benefits add another 3.8 million The United States of America today announced its weekly jobless claims data that continued negative impact of the coronavirus outbreak, as unemployment benefit Read More
2020-04-30T16:22:34	Fundamental Comment Created : 2020-04-30 , at 16:22 0 875 ECB eases TLTRO conditions, announces PELTROs After holding interest rates, as predicted, the European Central Bank decided ease the targeted longer-term refinancing operations (TLTRO III) further, while an Read More
2020-04-30T13:37:18	Fundamental Comment Created : 2020-04-30 , at 13:37 0 367 European shares mostly lower ahead of ECB decision Most European shares were down in early trading on Thursday, with the expectation of a monetary policy decision by the European Central Bank, and as the euro ar Read More
2020-04-30T13:28:54	Forex News Created : 2020-04-30 , at 13:28 0 357 Euro area reports worse than forecast contraction in Q1 The euro area reported a more than forecast contraction during the first quarter this year, raising expectations of falling into recession, worse than the finan Read More
2020-04-30T10:34:19	Technical Analysis Created : 2020-04-30 , at 10:34 0 565 Daily Technical analysis for April 30, 2020 The EURUSD is moving in an upward direction on the hourly interval, where the price is likely to target 1.0930. Read More
2020-04-29T22:31:25	Fundamental Comment Created : 2020-04-29 , at 22:31 0 447 Fed holds interest rates, pledge to support economy The Federal Reserve held interest rates at the target area between 0% - 0.25% to match market expectations, where central bank pledged to use a full set of tool Read More
2020-04-29T17:14:27	Forex News Created : 2020-04-29 , at 17:14 0 413 US economy shrinks 4.8% in Q1 on Covid-19 response The U.S. economy showed a more than predicted contraction in the first quarter this year due to the government’s response to the spread of COVID-19. Read More
2020-04-29T15:20:20	FX Graph Created : 2020-04-29 , at 15:20 0 471 European economic sentiment drops near record low Economic sentiment in the euro area fell near its lowest level in more than a decade in April, as the coronavirus lockdowns crushed confidence at businesses and Read More
2020-04-29T14:42:46	Fundamental Comment Created : 2020-04-29 , at 14:42 0 481 European stocks mixed ahead of Fed decision, earnings eyed European stock indexes were mixed in early trading on Wednesday, ahead of the announcement of the US monetary policy decision and as companies continue to annou Read More
2020-04-29T10:34:46	Technical Analysis Created : 2020-04-29 , at 10:34 0 455 Daily Technical analysis for April 29, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0700. Read More
2020-04-28T18:49:46	Forex News Created : 2020-04-28 , at 18:49 0 436 US consumer confidence drops to five-year low The Conference Board’s Consumer Confidence Index showed a significant drop in April, largely reflecting the deterioration in the labor market on the back of loc Read More
2020-04-28T10:29:55	Technical Analysis Created : 2020-04-28 , at 10:29 0 359 Daily Technical analysis for April 28, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0700. Read More
2020-04-27T10:33:04	Fundamental Comment Created : 2020-04-27 , at 10:33 0 584 Economic Week: Central bank decisions, growth data Financial markets' participants will follow interest rate decisions by the Federal Reserve and the European Central Bank this week, as well as some important da Read More
2020-04-27T10:31:00	Technical Analysis Created : 2020-04-27 , at 10:31 0 392 Daily Technical analysis for April 27, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0700. Read More
2020-04-24T16:59:27	FX Graph Created : 2020-04-24 , at 16:59 0 592 Ifo President: Sentiment at German companies is catastrophic “Sentiment at German companies is catastrophic,” said Ifo President Clemens Fuest after a business confidence gauge fell to a record low in April. Read More
2020-04-24T10:49:29	Forex News Created : 2020-04-24 , at 10:49 0 370 UK retail sales drop 5.1% in March Retail sales in the United Kingdom showed 5.1 percent drop in March, compared to analysts’ forecasts of 4.5 percent fall. In February, retail sales saw a 0.3 pe Read More
2020-04-24T10:35:41	Technical Analysis Created : 2020-04-24 , at 10:35 0 304 Daily Technical analysis for April 24, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0750. Read More
2020-04-23T18:07:59	Forex News Created : 2020-04-23 , at 18:07 0 869 US economy contracts at fastest pace in a decade The U.S. economy reported a contraction at the fastest pace in a decade in April, as the government lockdown negatively affected both businesses and households. Read More
2020-04-23T12:49:14	Forex News Created : 2020-04-23 , at 12:49 0 426 Euro area, UK suffer from steepest fall in business activity in April Business activity in the euro area saw the steepest decline ever in April on the back of the economic damages caused by the outbreak of the Covid-19 pandemic. Read More
2020-04-23T10:35:17	Technical Analysis Created : 2020-04-23 , at 10:35 0 446 Daily Technical analysis for April 23, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0750. Read More
2020-04-22T10:56:06	Forex News Created : 2020-04-22 , at 10:56 0 733 UK CPI inflation falls to the lowest since December U.K. consumer prices for March fell the lowest level since December as the restrictions imposed by the British government to contain the spread of Covid-19 weig Read More
2020-04-22T10:37:30	Technical Analysis Created : 2020-04-22 , at 10:37 0 324 Daily Technical analysis for April 22, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0750. Read More
2020-04-21T11:09:11	Forex News Created : 2020-04-21 , at 11:09 0 540 UK unemployment rises even before Covid-19 outbreak U.K. unemployment report released on Tuesday showed that the unemployment rate rose even before the Covid-19 outbreak, reflecting the weakness in the economy. Read More
2020-04-21T10:35:06	Technical Analysis Created : 2020-04-21 , at 10:35 0 354 Daily Technical analysis for April 21, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0750. Read More
2020-04-20T12:15:07	Forex News Created : 2020-04-20 , at 12:15 0 382 PBOC slashes LPR rate to stimulate the corona-hit economy For the second time this year, the People Bank of China opted to cut bank lending interest rates to stimulate the economy after the hard hit of the coronavirus Read More
2020-04-20T10:36:53	Fundamental Comment Created : 2020-04-20 , at 10:36 0 379 Economic Week: PMIs, Coronavirus developments Financial markets' participants will be carefully monitoring a number of important reports due this week, most notably the Service and Manufacturing Purchasing Read More
2020-04-20T10:34:03	Technical Analysis Created : 2020-04-20 , at 10:34 0 337 Daily Technical analysis for April 20, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0750. Read More
2020-04-17T12:42:24	Fundamental Comment Created : 2020-04-17 , at 12:42 0 423 European shares rise after Trump's plan to reopen America European shares rose during Friday’s trading, after the US President's statements about new guidelines aimed at easing restrictions of social divergence and a g Read More
2020-04-17T11:54:49	Forex News Created : 2020-04-17 , at 11:54 0 417 China’s economy reports first contraction on record The Chinese economy reported the first contraction on record during the first quarter this year, as the lockdowns and restrictions to contain the Covid-19 sprea Read More
2020-04-17T10:39:51	Technical Analysis Created : 2020-04-17 , at 10:39 0 439 Daily Technical analysis for April 17, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0750. Read More
2020-04-16T16:49:55	Forex News Created : 2020-04-16 , at 16:49 0 455 US jobless benefits rose 5.25m last week, dollar snaps gains Initial jobless claims climbed by another 5.25 million in the week ended April 4, coming below forecasts of 5.24 million. The previous week’s reading was revise Read More
2020-04-16T14:05:31	Fundamental Comment Created : 2020-04-16 , at 14:05 0 412 Dollar rises amid worries ahead of US jobless claims The U.S. dollar traded higher versus major currencies on Thursday, as worries about the economic impact of the Covid-19 restrictions boosted safety demand on th Read More
2020-04-16T12:55:14	Fundamental Comment Created : 2020-04-16 , at 12:55 0 366 Asian stocks retreat amid negative investor’s sentiment Most Asian stocks were down on Tuesday, as the continuing concerns about the economic impact of Covid-19 on global economies weighed on investors’ sentiment. Read More
2020-04-16T12:05:09	Forex News Created : 2020-04-16 , at 12:05 0 380 Australian employers surprisingly add jobs in March Australia added new jobs in March, as the employment report surveys were conducted during the first half of March and therefore did not reflect the full effect Read More
2020-04-16T10:31:27	Technical Analysis Created : 2020-04-16 , at 10:31 0 313 Daily Technical analysis for April 16, 2020 The EURUSD is moving in a downside direction on the hourly interval, where the price is likely to target 1.0750. Read More
2020-04-15T12:24:45	Forex News Created : 2020-04-15 , at 12:24 0 409 PBOC cuts medium-term interest rate ahead of GDP figures The People’s Bank of China continued its efforts to stimulate the economy following, as the world’s second-biggest economy brace for its first quarterly contrac Read More
2020-04-15T10:25:49	Technical Analysis Created : 2020-04-15 , at 10:25 0 461 Daily Technical analysis for April 15, 2020 The EURUSD is moving in an upside direction on the hourly interval, where the price is likely to target 1.1000 levels. Read More
2020-04-14T10:59:03	Technical Analysis Created : 2020-04-14 , at 10:59 0 274 Daily Technical analysis for April 14, 2020 The EURUSD is moving in a volatile direction on the hourly interval, where the price is likely to target 1.0750 levels. Read More
2020-04-13T10:34:58	Fundamental Comment Created : 2020-04-13 , at 10:34 0 384 Economic Week: China GDP and US data Financial markets' participants will be on a date with a number of important economic data this week, led by the growth data in China, in addition to retail sal Read More
2020-04-13T10:32:35	Technical Analysis Created : 2020-04-13 , at 10:32 0 334 Daily Technical analysis for April 13, 2020 The EURUSD is moving in a volatile direction on the hourly interval, where the price is likely to target 1.0750 levels. Read More
2020-04-10T16:56:52	Forex News Created : 2020-04-10 , at 16:56 0 385 US consumer prices drop more than forecast in March Consumer prices in the United States dropped more than forecasts in March on lower demand for goods and services due the outbreak of Covid-19, Labor Department Read More
2020-04-10T10:36:03	Technical Analysis Created : 2020-04-10 , at 10:36 0 272 Daily Technical analysis for April 10, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is likely to target 1.0750 levels in the coming hours. Read More
2020-04-09T11:08:37	Forex News Created : 2020-04-09 , at 11:08 0 294 UK economy shrinks 0.1% in February The British economy shrank in February, reflecting the weakness in the economy even before the emergence of the damaging effect of the coronavirus, the monthly Read More
2020-04-09T10:37:04	Technical Analysis Created : 2020-04-09 , at 10:37 0 275 Daily Technical analysis for April 9, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is likely to target 1.0750 levels in the coming hours. Read More
2020-04-08T10:26:53	Technical Analysis Created : 2020-04-08 , at 10:26 0 291 Daily Technical analysis for April 8, 2020 The EURUSD is moving in a volatile direction on the hourly interval. The price is likely to target 1.0750 levels in the coming hours. Read More
2020-04-07T10:29:19	Technical Analysis Created : 2020-04-07 , at 10:29 4 398 Daily Technical analysis for April 7, 2020 The EURUSD is moving in a bearish direction on the hourly interval. The price is likely to target 1.0750 levels in the coming hours. Read More
2020-04-06T10:32:07	Technical Analysis Created : 2020-04-06 , at 10:32 0 238 Daily Technical analysis for April 6, 2020 The EURUSD is moving in a bearish direction on the hourly interval. The price is likely to target 1.0750 levels in the coming hours. Read More
2020-04-06T10:23:45	Fundamental Comment Created : 2020-04-06 , at 10:23 0 229 Economic Week: Coronavirus developments, US data Financial markets' participants will be on a date with a number of important economic data this week, led by inflation data in China and the United States, in a Read More
2020-04-03T16:44:36	Forex News Created : 2020-04-03 , at 16:44 3 535 American employers shed 701k jobs in March The U.S. jobs report released on Friday showed that American employers cut more than forecast jobs in March, while the unemployment rate climbed. Read More
2020-04-03T12:21:24	Forex News Created : 2020-04-03 , at 12:21 0 324 Eurozone business activity reports biggest monthly fall ever European business activity recorded the worst monthly drop on record in March, due to shutdowns and lockdowns to prevent the spread of the Covid-19 pandemic. Read More
2020-04-03T10:39:55	Technical Analysis Created : 2020-04-03 , at 10:39 0 256 Daily Technical analysis for April 3, 2020 The EURUSD is moving in a bearish direction on the hourly interval. The price is likely to target 1.0750 levels in the coming hours. Read More
2020-04-02T16:53:12	Forex News Created : 2020-04-02 , at 16:53 0 288 US jobless benefits climb to 6.6 million Initial jobless claims climbed to a record high of 6.6 million in the week ended March 28, beating forecasts of 3.6 million. The previous week’s reading was rev Read More
2020-04-02T12:02:56	Forex News Created : 2020-04-02 , at 12:02 0 293 Span’s jobless claims hit highest on record in March Jobless claims on Spain saw a surge by 302.3 thousand in March, the highest on record, following a decrease by 7.8 thousand in February, as Spain suffer to cont Read More
2020-04-02T10:27:01	Technical Analysis Created : 2020-04-02 , at 10:27 0 201 Daily Technical analysis for April 2, 2020 The EURUSD is moving in an upside direction on the hourly interval. The price is likely to rise from these levels, but it is preferable to wait for the breach o Read More
2020-04-01T18:37:06	Forex News Created : 2020-04-01 , at 18:37 0 265 US manufacturing contracts at the fastest since 2009 IHS Markit data released on Wednesday showed that manufacturing output contracted at the fastest pace since August 2009 in March due to company closure and lock Read More
2020-04-01T16:34:38	Forex News Created : 2020-04-01 , at 16:34 0 243 US private employers lay off 27k employees in March U.S. private employers laid off 27,000 jobs in March, according to the ADP non-farm employment report released on Wednesday. Read More
2020-04-01T12:36:51	Forex News Created : 2020-04-01 , at 12:36 0 313 European manufacturing PMI hits lowest level since 2012 European manufacturing PMI hit its lowest level since 2012 in March, as output and new orders dipped as a result of the coronavirus outbreak. Read More
2020-04-01T10:37:06	Technical Analysis Created : 2020-04-01 , at 10:37 0 263 Daily Technical analysis for April 1, 2020 The EURUSD is moving in an upside direction on the hourly interval. The price is likely to rise from these levels, but it is preferable to wait for the breach o Read More
2020-03-31T14:18:01	FX Graph Created : 2020-03-31 , at 14:18 0 692 How long did it take stocks to recover after crashes? After setting an all-time-high of 29,568.57 in February, the Dow Jones plunged into a bear market, losing more than 38 percent, as the outbreak of the coronavir Read More
2020-03-31T13:24:43	Forex News Created : 2020-03-31 , at 13:24 0 284 Cheaper oil prices push eurozone inflation lower Cheaper oil dwarfed a rise in food prices to push euro area inflation lower in March, as the 19-nation region suffer from the economic damages of the coronaviru Read More
2020-03-31T10:33:17	Technical Analysis Created : 2020-03-31 , at 10:33 0 181 Daily Technical analysis for March 31, 2020 The EURUSD is moving in an upside direction on the hourly interval. The price is likely to rise from these levels, but it is preferable to wait for the breach o Read More
2020-03-30T12:16:10	Forex News Created : 2020-03-30 , at 12:16 0 371 PBOC slashes bank rates to stimulate economy While China seems to be recovering faster than other major economies, the People Bank of China decided to cut bank rates to stimulate the economy after the hard Read More
2020-03-30T10:34:28	Fundamental Comment Created : 2020-03-30 , at 10:34 0 269 US Non-farm Payrolls, PMIs Under Scrutiny Financial markets' participants will be following important economic reports this week, the foremost of which is the jobs report from the United States, as well Read More
2020-03-30T10:32:48	Technical Analysis Created : 2020-03-30 , at 10:32 0 349 Daily Technical analysis for March 30, 2020 The EURUSD is moving in an upside direction on the hourly interval, where the price is touching the upper border of the channel and it is possible to do a downs Read More
2020-03-27T10:52:52	Technical Analysis Created : 2020-03-27 , at 10:52 0 205 Daily Technical analysis for March 27, 2020 The EURUSD is moving downwardly on the hourly interval inside a flag pattern. We should wait for a breakout to sell. Read More
2020-03-26T11:26:00	Forex News Created : 2020-03-26 , at 11:26 0 305 UK retail sales drop 0.3% in February Retail sales in the United Kingdom showed 0.3 percent drop in February, defying analysts’ forecasts of 0.2 percent fall. In January, retail sales saw a 1.1 perc Read More
2020-03-26T10:34:39	Technical Analysis Created : 2020-03-26 , at 10:34 0 193 Daily Technical analysis for March 26, 2020 The EURUSD is moving downwardly on the hourly interval inside a flag pattern. We should wait for a breakout to sell. Read More
2020-03-25T17:10:25	Forex News Created : 2020-03-25 , at 17:10 0 257 US durable goods unexpectedly advance in February U.S. durable goods orders showed an unexpexcted rise in February on strong demand for autos, yet analysts predict new order to tumble in the coming period amid Read More
2020-03-25T11:44:43	Forex News Created : 2020-03-25 , at 11:44 0 247 UK CPI inflation eases to 1.7% in February U.K. consumer prices slowed from the highest level in six months recorded in January on cheaper petrol prices, data from the Office for National Statistics show Read More
2020-03-25T10:33:09	Technical Analysis Created : 2020-03-25 , at 10:33 0 196 Daily Technical analysis for March 25, 2020 The EURUSD is moving downwardly on the hourly interval. The price is facing resistance at 1.0800, compatible with the falling trend line, which may fall from it Read More
2020-03-24T18:02:56	Forex News Created : 2020-03-24 , at 18:02 0 294 US services PMI slides to 39.1 in March Business activity in the United States dropped significantly in March, pulled down by the sharp fall in the services sector that was hardly hit by the rapid spr Read More
2020-03-24T13:43:38	Forex News Created : 2020-03-24 , at 13:43 0 534 Euro area, UK business activity crash in March Business activity in the euro area dropped dramatically in March on the back of the economic damages caused by the outbreak of the Covid-19 pandemic. Read More
2020-03-24T12:14:16	Forex News Created : 2020-03-24 , at 12:14 0 258 Australia, Japan economic activity slump on Covid-19 outbreak The data starts with the release of dismal economic data from Australia and Japan, which showed part of the negative impact of the coronavirus outbreak on econo Read More
2020-03-24T10:37:26	Technical Analysis Created : 2020-03-24 , at 10:37 0 199 Daily Technical analysis for March 24, 2020 The EURUSD is moving upwardly on the hourly interval. The price is facing resistance at 1.0775, which is likely to fall from it or it may drop from 1.0700. Read More
2020-03-23T17:03:28	FX Graph Created : 2020-03-23 , at 17:03 0 382 What is the key reason behind oil’s stumble? Any marked rise or drop in oil prices mainly stem from either demand or supply side, which actually raises question whether the latest tumble in oil prices is t Read More
2020-03-23T10:35:32	Fundamental Comment Created : 2020-03-23 , at 10:35 0 270 Economic Week: Coronavirus developments, PMIs Financial markets' participants will continue to monitor the latest developments of the spread of the deadly Coronavirus and its impact on global markets. Read More
2020-03-23T10:32:45	Technical Analysis Created : 2020-03-23 , at 10:32 0 193 Daily Technical analysis for March 23, 2020 The EURUSD is moving upwardly on the hourly interval. The price is facing resistance at 1.0775, which is likely to fall from it or it may drop from 1.0700. Read More
2020-03-19T10:41:05	Technical Analysis Created : 2020-03-19 , at 10:41 0 341 Daily Technical analysis for March 19, 2020 The EURUSD is moving upwardly on the hourly interval. The price is may find support at 1.0775, so we should wait for its breach before selling. Read More
2020-03-18T13:50:29	Fundamental Comment Created : 2020-03-18 , at 13:50 0 567 Dollar rises to record high amid stimulus hopes The U.S. dollar continued to rise on Wednesday, supported by facilitating action to support the global economy in its challenges against the huge impact of the Read More
2020-03-18T10:39:08	Technical Analysis Created : 2020-03-18 , at 10:39 0 215 Daily Technical analysis for March 18, 2020 The EURUSD is moving upwardly on the hourly interval. We expect more upside from the current levels due to the presence of strong support. Read More
2020-03-18T10:29:12	Fundamental Comment Created : 2020-03-18 , at 10:29 0 207 Oil hovers near four-year low amid calls for emergency OPEC meeting Oil prices traded near the lowest level in four years on Wednesday due the rapid spread of the deadly coronavirus, amid Iraqi calls for an emergency OPEC and no Read More
2020-03-17T17:03:53	Forex News Created : 2020-03-17 , at 17:03 0 220 US retail sales unexpectedly plunge 0.5% in February Retail sales in the United States saw an unexpected drop in February, reflecting the slowdown in consumer spending even before the outbreak of the coronavirus. Read More
2020-03-17T14:01:36	Forex News Created : 2020-03-17 , at 14:01 0 220 UK unemployment, jobless benefits rise U.K. unemployment report released on Tuesday showed that the unemployment rate rose from record low and jobless benefits surged more than forecast. Read More
2020-03-17T12:25:21	Fundamental Comment Created : 2020-03-17 , at 12:25 0 445 Pound extends losses amid expectations of BOE action The British pound extended its losses versus major currencies on Tuesday amid expectations the Bank of England would act soon to combat the dismal economic impa Read More
2020-03-17T10:32:50	Technical Analysis Created : 2020-03-17 , at 10:32 0 193 Daily Technical analysis for March 17, 2020 The EURUSD is moving upwardly on the hourly interval. We expect more upside from the current levels due to the presence of strong support and the test of the br Read More
2020-03-16T16:17:08	Forex News Created : 2020-03-16 , at 16:17 0 265 US treasury yield drop after Fed’s strong actions U.S. treasury yields dropped sharply, but currently above the low, after the emergency action from the Federal Reserve overnight to mitigate the economic damage Read More
2020-03-16T12:31:27	Fundamental Comment Created : 2020-03-16 , at 12:31 0 268 Coronavirus woes rattle markets despite central banks measures Asian stocks dropped sharply at the beginning of the week despite efforts from global central banks, especially the Federal Resave, to stimulate their economies Read More
2020-03-16T10:41:28	Technical Analysis Created : 2020-03-16 , at 10:41 0 200 Daily Technical analysis for March 16, 2020 The EURUSD is moving upwardly on the hourly interval. We expect more upside from the current levels due to the presence of strong support and the test of the br Read More
2020-03-12T10:27:46	Technical Analysis Created : 2020-03-12 , at 10:27 0 287 Daily Technical analysis for March 12, 2020 The EURUSD is moving upwardly on the hourly interval. We expect more upside from the current levels or test the newly broken trend line and then rise again. Read More
2020-03-11T17:10:03	Forex News Created : 2020-03-11 , at 17:10 0 396 US consumer prices report 0.1% soar in February Consumer prices in the United States unexpectedly rose in February on increase in food and accommodation costs, Labor Department data showed on Wednesday day. Read More
2020-03-11T13:55:03	Forex News Created : 2020-03-11 , at 13:55 0 448 UK economy stagnates even before coronavirus outbreak The British economy stagnated in January, reflecting the weakness in the economy even before the outbreak of the coronavirus, the monthly GDP data released on W Read More
2020-03-11T12:41:01	Fundamental Comment Created : 2020-03-11 , at 12:41 0 289 BOE surprisingly cuts rates by 50bp, announces stimulus Following the suit of the Federal Reserve, the Bank of England decided in an unscheduled meeting to cut interest rates by 50 basis points to bolster the U.K. ec Read More
2020-03-11T11:00:47	Technical Analysis Created : 2020-03-11 , at 11:00 0 649 Daily Technical analysis for March 11, 2020 The EURUSD is moving upwardly on the hourly interval. We expect more upside from the current levels, where the analysis fails with the breach of 1.1250. Read More
2020-03-10T13:36:18	Forex News Created : 2020-03-10 , at 13:36 0 372 China producer prices drop again in February China’s producer prices data returned to decline again after the rise in January, in light of what the country is going through a misty period due to the outbre Read More
2020-03-10T10:29:16	Technical Analysis Created : 2020-03-10 , at 10:29 0 188 Daily Technical analysis for March 10, 2020 The EURUSD is moving upwardly on the hourly interval, where the pair has fallen from 1.1500 levels. We expect more decline until 1.1250 price level. Read More
2020-03-09T14:54:24	Forex News Created : 2020-03-09 , at 14:54 0 628 Euro area investor confidence drops on corona crisis Confidence among euro area investors dropped sharply this month, as the spread of the coronavirus raised expectations the 19-nation recession would relapse into Read More
2020-03-09T10:36:00	Fundamental Comment Created : 2020-03-09 , at 10:36 0 377 Economic Week: ECB rate decision, coronavirus developments Financial markets' participants will be on monitoring a number of important economic events and data this week, as the European Central Bank will set the rate o Read More
2020-03-09T10:34:02	Technical Analysis Created : 2020-03-09 , at 10:34 0 227 Daily Technical analysis for March 9, 2020 The EURUSD is moving upwardly on the hourly interval, and it faces a strong resistance level at 1.1500. We expect a correction until the 1.1250 price level and Read More
2020-03-06T17:43:43	Forex News Created : 2020-03-06 , at 17:43 0 266 American employers create more than forecast jobs in February The U.S. jobs report released on Friday showed that American employers created more than forecast jobs in February, and the unemployment rate dropped. Read More
2020-03-06T13:12:00	Fundamental Comment Created : 2020-03-06 , at 13:12 0 277 Covid-19 jitters trigger scramble for refuge assets Financial markets' participants continued to charge for safe havens on Friday, amidst the rapid rise in corona infections outside China, corporate profit warnin Read More
2020-03-06T10:22:13	Technical Analysis Created : 2020-03-06 , at 10:22 0 199 Daily Technical analysis for March 6, 2020 The EURUSD is moving upwardly on the hourly interval, and it faces a strong resistance level at 1.1250. Therefore, it is preferable to buy from 1.1000 levels. Read More
2020-03-05T10:34:57	Technical Analysis Created : 2020-03-05 , at 10:34 0 193 Daily Technical analysis for March 5, 2020 The EURUSD is moving upwardly on the hourly interval, and it faces a strong resistance level at 1.1175. Therefore, it is preferable to buy from 1.1000 levels. Read More
2020-03-04T14:03:32	Fundamental Comment Created : 2020-03-04 , at 14:03 0 204 Mixed sentiment in financial markets after Fed’s surprise cut Financial markets are showing mixed sentiment on Wednesday following yesterday’s off-schedule interest rate cut by the Federal Reserve, as the surprise move fai Read More
2020-03-04T10:29:23	Technical Analysis Created : 2020-03-04 , at 10:29 0 218 Daily Technical analysis for March 4, 2020 The EURUSD is moving upwardly on the hourly interval, and it faces a strong resistance level at 1.1175. Therefore, it is preferable to buy from 1.1000 levels. Read More
2020-03-03T19:46:19	Fundamental Comment Created : 2020-03-03 , at 19:46 0 647 Fed surprises markets by 50bp rate cut to combat corona impact After a scheduled interest rate cut by the Reserve Bank of Australia earlier today, the Federal Reserve surprised markets by a 50-basis point interest rate cut Read More
2020-03-03T13:16:29	Forex News Created : 2020-03-03 , at 13:16 0 574 Swiss economy slows as exports drop, manufacturing stalls The Swiss economy slowed on the last quarter of 2019 as exports dropped and manufacturing activities stagnated, the government’s GDP report released on Tuesday Read More
2020-03-03T10:44:34	Technical Analysis Created : 2020-03-03 , at 10:44 0 207 Daily Technical analysis for March 3, 2020 The EURUSD is moving upwardly on the hourly interval, and it faces a strong resistance level at 1.1175. Therefore, it is preferable to buy from 1.1000 levels. Read More
2020-03-02T14:16:19	Forex News Created : 2020-03-02 , at 14:16 0 397 European factories struggle as corona disrupts supply chain European factories struggled in February as the outbreak of the coronavirus caused supply chain disruptions due to factory shutdowns in China. Read More
2020-03-02T10:32:24	Fundamental Comment Created : 2020-03-02 , at 10:32 0 209 Investors to watch US jobs report, PMIs this week Financial markets' participants will be carefully watching a number of important reports, the foremost of which is the jobs report in the United States, in addi Read More
2020-03-02T10:30:15	Technical Analysis Created : 2020-03-02 , at 10:30 0 204 Daily Technical analysis for March 2, 2020 The EURUSD is moving upwardly on the hourly interval, and it faces a strong resistance level at 1.1090. Therefore, it is preferable to buy from 1.1000 levels. Read More
2020-02-28T18:09:53	Forex News Created : 2020-02-28 , at 18:09 0 191 US personal spending rises less than forecast in January Personal spending in the United States rose less than forecast in January, yet the personal income reported the strongest increase in nearly a year. Read More
2020-02-28T16:09:00	Fundamental Comment Created : 2020-02-28 , at 16:09 0 320 Euro takes advantage of dollar's drop, corona updates in focus The euro rose in today's trading against its US counterpart, to record its highest level in 3 weeks, amid a state of increasing panic that overshadowed the glob Read More
2020-02-28T10:29:37	Technical Analysis Created : 2020-02-28 , at 10:29 0 323 Daily Technical analysis for February 28, 2020 The EURUSD is moving upwardly on the hourly interval, yet the pair is now facing a strong resistance level. Therefore, we should wait for a downside correction Read More
2020-02-27T17:42:53	Forex News Created : 2020-02-27 , at 17:42 0 281 US GDP unrevised, durable goods drop 0.2% U.S. economic growth remained unrevised at 2.1 percent in the fourth quarter on annual basis, the second GDP estimate released on Thursday showed. Read More
2020-02-27T10:28:41	Technical Analysis Created : 2020-02-27 , at 10:28 0 353 Daily Technical analysis for February 27, 2020 The EURUSD is moving in a bearish direction on the hourly interval, yet the pair is expected to drop from the current levels until the price level of 1.0650. Read More
2020-02-26T12:52:49	FX Graph Created : 2020-02-26 , at 12:52 0 797 VIX hits 12-year high as corona fears smash risky assets The CBOE Volatility Index hit a 12-month high on Tuesday due to the sharp sell off in riskier assets on the back of the rapid spread of the coronavirus outside Read More
2020-02-26T10:54:47	Technical Analysis Created : 2020-02-26 , at 10:54 0 218 Daily Technical analysis for February 26, 2020 The EURUSD is moving in a bearish direction on the hourly interval, yet the pair is expected to drop from the current levels until the price level of 1.0650. Read More
2020-02-25T16:03:02	Cryptocurrency Created : 2020-02-25 , at 16:03 0 265 Cryptocurrencies cut $14.5 billion on sell off contagion Cryptocurrencies wiped off $14.5 billion of the total market capitalization amid sell off in digital currencies despite the spread of fears in financial market Read More
2020-02-25T14:18:25	FX Graph Created : 2020-02-25 , at 14:18 0 217 Yield on 10-year U.S. bonds falls to the lowest level since 2016 U.S bond yields fell to a record low on Monday, with a wide spread of corona virus outside china, but showed some signs of recovery on Tuesday. Read More
2020-02-25T11:46:41	Forex News Created : 2020-02-25 , at 11:46 0 272 Slow consumption drives Germany economy to stagnation Slowdown in household consumption caused the German economy to stagnate in the final three months last year, Federal Statistical Office data released on Tuesday Read More
2020-02-25T10:30:17	Technical Analysis Created : 2020-02-25 , at 10:30 0 203 Daily Technical analysis for February 25, 2020 The EURUSD is moving in a bearish direction on the hourly interval, yet the pair is expected to drop from the current levels until the price level of 1.0650. Read More
2020-02-24T13:41:32	Forex News Created : 2020-02-24 , at 13:41 0 348 Germany business confidence unexpectedly rises in February Business confidence in Germany showed an unexpected rise in February, reflecting the lack of concerns from Europe’s biggest economy regarding the spread of the Read More
2020-02-24T10:32:28	Fundamental Comment Created : 2020-02-24 , at 10:32 0 454 Economic Week: GDP data, coronavirus developments Financial markets' participants will be carefully watching the Gross Domestic Product (GDP) data released by number major economies this week, while they will c Read More
2020-02-24T10:29:47	Technical Analysis Created : 2020-02-24 , at 10:29 0 258 Daily Technical analysis for February 24, 2020 The EURUSD is moving in a bearish direction on the hourly interval, yet the pair is expected to rise this week until the price level of 1.0990. Read More
2020-02-21T13:51:30	Forex News Created : 2020-02-21 , at 13:51 0 200 European, UK manufacturing show marked improvement European manufacturing managed to ease the pace of contraction in February despite the negative impact of the coronavirus on the economy, the flash PMI data rel Read More
2020-02-21T10:49:27	Technical Analysis Created : 2020-02-21 , at 10:49 0 201 Daily Technical analysis for February 21, 2020 The EURUSD is moving in a bearish direction on the hourly interval. The pair has reached the lower bound of the descending classical channel and it is expected Read More
2020-02-20T14:59:24	FX Graph Created : 2020-02-20 , at 14:59 0 545 UK retail sales rise 0.9% in January, yet pound declines Retail sales in the United Kingdom showed 0.9 percent rise in January, beating forecasts of 0.7 percent, yet the British pound continued to trade lower. Read More
2020-02-20T10:33:06	Technical Analysis Created : 2020-02-20 , at 10:33 0 217 Daily Technical analysis for February 20, 2020 The EURUSD is moving in a bearish direction on the hourly interval. The pair has reached the lower bound of the descending classical channel and it is expected Read More
2020-02-19T23:28:04	Fundamental Comment Created : 2020-02-19 , at 23:28 0 248 Fed minutes: Interest rates to remain on hold for a while The Federal Reserve's minutes for the January 30-31 meeting highlighted that interest rates would remain unchanged for a while and that the current monetary pol Read More
2020-02-19T14:26:37	Forex News Created : 2020-02-19 , at 14:26 0 223 UK inflation climbs to six-month high in January U.K. consumer prices rose to the highest level in six months in January, easing pressure on the Bank of England to cut interest rates, data from the Office for Read More
2020-02-19T10:35:39	Technical Analysis Created : 2020-02-19 , at 10:35 0 239 Daily Technical analysis for February 19, 2020 The EURUSD is moving in a bearish direction on the hourly interval. The pair has reached the lower bound of the descending classical channel and it is expected Read More
2020-02-18T14:36:04	Forex News Created : 2020-02-18 , at 14:36 0 263 UK employment hits record high, yet pay growth slows U.K. employment rate set a new record high of 76.5 percent, yet the wage growth slowed, the unemployment data released on Tuesday showed.b Read More
2020-02-18T12:13:49	Fundamental Comment Created : 2020-02-18 , at 12:13 0 338 Australian dollar drops as RBA minutes hint to policy easing The Australian dollar continued to trade lower versus its U.S. counterpart on Tuesday after the Reserve Bank of Australia’s minutes showed policymakers were rea Read More
2020-02-18T10:37:26	Technical Analysis Created : 2020-02-18 , at 10:37 0 221 Daily Technical analysis for February 18, 2020 The EURUSD is moving in a bearish direction on the hourly interval. The pair has reached the lower bound of the descending classical channel and it is expected Read More
2020-02-17T11:57:05	Forex News Created : 2020-02-17 , at 11:57 0 352 Japan’s economy contracts at the fastest pace in six years The Japanese economy reported its fastest contraction pace in six years in the last quarter of 2019 as sales take rise and weak global demand pulled down consum Read More
2020-02-17T10:33:15	Fundamental Comment Created : 2020-02-17 , at 10:33 0 298 Economic Week: Fed minutes, PMIs Financial markets' participants will be carefully watching the Federal Reserve's minutes of the latest monetary policy meeting, while eyes will also follow the Read More
2020-02-17T10:31:13	Technical Analysis Created : 2020-02-17 , at 10:31 0 214 Daily Technical analysis for February 17, 2020 The EURUSD is moving in a bearish direction on the hourly interval. The pair has reached the lower bound of the descending classical channel and it is expected Read More
2020-02-14T17:50:44	Forex News Created : 2020-02-14 , at 17:50 0 240 US retail sales rise 0.3% in January Retail sales in the United States saw a rise in line with forecasts in January, buoyed by higher spending on food and furniture. Read More
2020-02-14T11:51:00	Forex News Created : 2020-02-14 , at 11:51 0 282 Germany stagnates in Q4 on slowdown in spending, exports The German economy unexpectedly stagnated in the last quarter of 2019 on slowdown in both spending and exports, preliminary GDP figures released on Friday showe Read More
2020-02-14T10:34:15	Technical Analysis Created : 2020-02-14 , at 10:34 0 326 Daily Technical analysis for February 14, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval inside a classic bearish channel. The price may currently find support a Read More
2020-02-13T17:46:30	Forex News Created : 2020-02-13 , at 17:46 0 277 US consumer prices rise less than forecast in January Consumer prices in the United States rose less than forecast in January, Labor Department data showed on Thursday. Read More
2020-02-13T12:25:27	Fundamental Comment Created : 2020-02-13 , at 12:25 0 313 Safe havens tighten their grip as corona fears exaggerate Investors resorted to safe havens on Thursday, as fears of the corona epidemic intensified, with the rise in infected cases to 15,000 and deaths toll to 240 dea Read More
2020-02-13T10:30:12	Technical Analysis Created : 2020-02-13 , at 10:30 0 232 Daily Technical analysis for February 13, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval inside a classic bearish channel. The price may currently find support a Read More
2020-02-12T14:46:53	Forex News Created : 2020-02-12 , at 14:46 0 268 Euro area industrial production shrinks 2.1% in December After weak industrial surveys from the region’s largest economies, most notably Germany and France, euro area industrial production fell sharply in December. Read More
2020-02-12T14:34:04	Cryptocurrency Created : 2020-02-12 , at 14:34 0 348 Cryptocurrencies leap after Fed Powell’s remarks Cryptocurrencies soared sharply after Fed Chair Jerome Powell’s Congressional testimony last night, as he acknowledged the Fed was working hard on crypto to kee Read More
2020-02-12T10:36:31	Technical Analysis Created : 2020-02-12 , at 10:36 0 209 Daily Technical analysis for February 12, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval inside a classic bearish channel. The price may currently find support a Read More
2020-02-12T10:29:25	Fundamental Comment Created : 2020-02-12 , at 10:29 0 212 New Zealand dollar jumps as RBNZ cuts rate cut chances The New Zealand dollar jumped against its U.S. counterpart on Wednesday after the Reserve Bank of New Zealand left interest rates unchanged and cited confidence Read More
2020-02-11T10:27:08	Technical Analysis Created : 2020-02-11 , at 10:27 0 241 Daily Technical analysis for February 11, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval inside a classic bearish channel. The price may currently find support a Read More
2020-02-10T12:17:45	Fundamental Comment Created : 2020-02-10 , at 12:17 0 290 Economic Week: GDP reports in Europe, US data Financial markets' participants will be on a date with a number of important economic data this week, led by the growth data in the euro area and Britain and da Read More
2020-02-10T10:26:18	Technical Analysis Created : 2020-02-10 , at 10:26 0 288 Daily Technical analysis for February 10, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval inside a classic bearish channel. The price may currently find support a Read More
2020-02-07T17:52:01	Forex News Created : 2020-02-07 , at 17:52 0 252 American employers create more than forecast jobs in January The U.S. jobs report released on Friday showed that American employers created more than forecast jobs in January, while unemployment rate rose. Read More
2020-02-07T12:11:29	Infographic Created : 2020-02-07 , at 12:11 0 351 Deaths, coronavirus cases surpass SARS; WHO report Deaths toll and coronavirus cases in mainland China have exceeded the SARS epidemic that hit China in 2002-2003, the latest report by the World Health Organizat Read More
2020-02-07T10:23:04	Technical Analysis Created : 2020-02-07 , at 10:23 0 231 Daily Technical analysis for February 7, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval inside a classic bearish channel. The price has fallen from the upper bo Read More
2020-02-06T11:51:40	Fundamental Comment Created : 2020-02-06 , at 11:51 0 460 Dollar resumes rebound versus yen as risk appetite improves The U.S. dollar resumed its advance versus the Japanese yen for a fourth straight session on Thursday amid renewed risk appetite in financial markets on the bac Read More
2020-02-06T10:33:19	Technical Analysis Created : 2020-02-06 , at 10:33 0 217 Daily Technical analysis for February 6, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval inside a classic bearish channel. Read More
2020-02-05T18:02:37	Forex News Created : 2020-02-05 , at 18:02 0 245 US private employers add more than forecast jobs U.S. private employers created a robust 291,000 jobs in January, the highest since 2015, according to the ADP non-farm employment report released on Wednesday. Read More
2020-02-05T14:09:17	Forex News Created : 2020-02-05 , at 14:09 0 268 UK services grow at the fastest pace in 16 months The services sector in Britain reported its fastest pace of expansion in 16 months in January, the final services Purchasing Managers’ Index data released on We Read More
2020-02-05T12:23:17	Cryptocurrency Created : 2020-02-05 , at 12:23 0 349 Ripple rises more than 10% after partnership with Intermex Ripple XRP climbed more than 10 percent, becoming one of the best-performing top 20 cryptocurrencies, after entering a partnership with International Money Expr Read More
2020-02-05T10:31:03	Technical Analysis Created : 2020-02-05 , at 10:31 0 221 Daily Technical analysis for February 5, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval. The price has reached the upper boundary of the bullish classic channel Read More
2020-02-05T10:28:14	Fundamental Comment Created : 2020-02-05 , at 10:28 0 302 Euro area PMI, US ADP employment under scrutiny The key focus on Wednesday will be on the euro area's PMI data and then the U.S. ADP employment for the first month of 2020, yet investors will keep their focus Read More
2020-02-04T12:28:10	Fundamental Comment Created : 2020-02-04 , at 12:28 0 335 Australian dollar rebounds from four-month low as RBA holds rates The Australian dollar rebounded from four-month low versus the U.S. dollar on Tuesday after the Reserve Bank of Australia opted to hold interest rates and kept Read More
2020-02-04T08:20:10	Technical Analysis Created : 2020-02-04 , at 08:20 0 209 Daily Technical analysis for February 4, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval. The price has reached the upper boundary of the bullish classic channel Read More
2020-01-31T15:32:27	Forex News Created : 2020-01-31 , at 15:32 0 278 Euro area growth slows, inflation picks up GDP in the 19-nation region came in at 0.1 percent growth in the three months ended December last year, compared to both prior and excepted readings of 0.2 perc Read More
2020-01-31T12:23:36	Forex News Created : 2020-01-31 , at 12:23 0 394 China manufacturing PMI retreats in January Official Purchasing Managers' Index for the manufacturing sector showed a retreat in January despite the fact the survey was conducted before the outbreak of th Read More
2020-01-31T08:22:52	Technical Analysis Created : 2020-01-31 , at 08:22 0 456 Daily Technical analysis for January 31, 2020 The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval, but the best selling areas are at 1.1086 levels. Read More
2020-01-30T16:18:44	Fundamental Comment Created : 2020-01-30 , at 16:18 0 313 BOE holds interest rates, slashes growth estimates Britain’s central bank has decided to leave Bank Rate at 0.75%, despite recent weak economic data. Read More
2020-01-30T08:23:42	Technical Analysis Created : 2020-01-30 , at 08:23 0 483 Daily Technical analysis for January 30, 2020 The EURUSD reached its target of 1.0990 and it is possible that it will find support at this price level. The pair is still moving in a in a bearish direction b Read More
2020-01-29T23:22:14	Forex News Created : 2020-01-29 , at 23:22 0 206 Fed holds interest rates, markets show muted reaction Following three cuts in the second half of 2019, the Fed left interest rates steady during the first rate decision in 2020. As expected, the Fed opted to keep i Read More
2020-01-29T08:28:19	Fundamental Comment Created : 2020-01-29 , at 08:28 0 302 Eyes to focus on the Fed's rate decision All eyes will focus on the outcome of Federal Reserve's first meeting in 2020 later on Wednesday, with no expectations of any change in monetary policy, as most Read More
2020-01-29T08:16:59	Technical Analysis Created : 2020-01-29 , at 08:16 0 199 Daily Technical analysis for January 29, 2020 The EURUSD reached its target of 1.0990 and it is possible that it will find support at this price level. The pair is still moving in a in a bearish direction b Read More
2020-01-28T12:25:56	FX Graph Created : 2020-01-28 , at 12:25 0 404 Will the VIX inversion halt US stocks sell off? On Monday, U.S. stocks in general and the S&P 500 specifically ended lower, amid rising fears from the spread of the coronavirus, resulting in inversion in the Read More
2020-01-28T10:29:26	Technical Analysis Created : 2020-01-28 , at 10:29 0 724 Daily Technical analysis for January 28, 2020 The EURUSD is still moving in a downside direction on the hourly interval, as shown in the following image. It is likely that it will find support at the price Read More
2020-01-27T13:33:52	Forex News Created : 2020-01-27 , at 13:33 0 282 Germany business confidence unexpectedly drops Business confidence in Germany showed an unexpected drop in January, raising some concerns about growth in Europe’s biggest economy. Read More
2020-01-27T11:52:56	Cryptocurrency Created : 2020-01-27 , at 11:52 0 395 Bitcoin breaches $8,500, acting once again as safe haven The Bitcoin led cryptocurrencies higher on Monday after surpassing the $8,500 level, probably gaining haven demand once again as the outbreak of China’s coronav Read More
2020-01-27T08:31:37	Fundamental Comment Created : 2020-01-27 , at 08:31 0 304 Economic Week: Fed, BOE meetings on radar Financial markets' participants will carefully watch interest rate decisions by the Federal Reserve and the Bank of England this week, as well as the release of Read More
2020-01-27T08:29:23	Technical Analysis Created : 2020-01-27 , at 08:29 0 222 Daily Technical analysis for January 27, 2020 The EURUSD is still moving in a downside direction on the hourly interval, as shown in the following image. It is likely that it will find support at the price Read More
2020-01-24T13:22:55	Forex News Created : 2020-01-24 , at 13:22 0 279 Euro area private sector growth stabilizes in January Business activity in the euro area private sector slowed stability in January, as the improvement in the manufacturing was offset by the slowdown in the service Read More
2020-01-24T08:26:52	Technical Analysis Created : 2020-01-24 , at 08:26 0 583 Daily Technical analysis for January 24, 2020 The EURUSD is still moving in a downside direction on the hourly interval after breaking the head and shoulders pattern and breaking the level of 1.1088, as we Read More
2020-01-23T12:55:52	FX Graph Created : 2020-01-23 , at 12:55 0 1738 Why Palladium, Rhodium still offer good investment in 2020 While gold prices climbed locked an 18.58 percent increase over the course of 2019, Rhodium and palladium Read More
2020-01-23T08:25:14	Technical Analysis Created : 2020-01-23 , at 08:25 0 239 Daily Technical analysis for January 23, 2020 The EURUSD is still moving in a downside direction on the hourly interval after breaking the head and shoulders pattern. It is preferable to wait until the supp Read More
2020-01-22T08:33:36	Fundamental Comment Created : 2020-01-22 , at 08:33 0 222 BOC to hold interest rates despite weak data Following the Bank of Japan’s decision on Tuesday, eyes will focus on the Bank of Canada’s monetary policy decision later on Wednesday, ahead of Thursday’s Euro Read More
2020-01-22T08:28:41	Technical Analysis Created : 2020-01-22 , at 08:28 0 598 Daily Technical analysis for January 22, 2020 The EURUSD is still moving in a downside direction on the hourly interval after breaking the head and shoulders pattern. It is preferable to wait until the supp Read More
2020-01-21T11:43:32	Forex News Created : 2020-01-21 , at 11:43 0 290 Chinese yuan drops to one-week low after virus outbreak Both Chinese onshore and offshore yuan dropped from six-month peak versus the U.S. dollar on Tuesday as the outbreak of a pneumonia-like virus in China boosted Read More
2020-01-21T08:23:40	Technical Analysis Created : 2020-01-21 , at 08:23 0 375 Daily Technical analysis for January 21, 2020 The EURUSD is still moving in a downside direction on the hourly interval after breaking the head and shoulders pattern. It is preferable to wait until the supp Read More
2020-01-20T11:58:31	Forex News Created : 2020-01-20 , at 11:58 0 366 PBOC holds LPR despite economic slowdown After holding interest rates unchanged last week, the People’s Bank of China opted to keep its lending benchmark rate steady on Monday, ignoring calls for rate Read More
2020-01-20T08:23:15	Fundamental Comment Created : 2020-01-20 , at 08:23 0 554 Economic Week: ECB meeting, preliminary PMI Financial market participants will be carefully watch key events this week, as a number of major central banks, led by the European Central Bank, will decide on Read More
2020-01-20T08:21:15	Technical Analysis Created : 2020-01-20 , at 08:21 0 617 Daily Technical analysis for January 20, 2020 The EURUSD is still moving in a downside direction on the hourly interval after breaking the head and shoulders pattern. It is preferable to wait until the supp Read More
2020-01-17T08:26:30	Technical Analysis Created : 2020-01-17 , at 08:26 0 578 Daily Technical analysis for January 17, 2020 The EURUSD is still moving in an upside direction on the hourly interval and up from the head and shoulders pattern. The price has reached the resistance level Read More
2020-01-16T12:38:22	Fundamental Comment Created : 2020-01-16 , at 12:38 0 686 Why the Swiss franc hold near record highs? The Swiss franc remained on firm against the U.S. dollar and euro on Thursday as the United States added Switzerland to its watchlist of currency manipulators, Read More
2020-01-16T08:31:42	Technical Analysis Created : 2020-01-16 , at 08:31 0 245 Daily Technical analysis for January 16, 2020 The EURUSD is still moving in an upside direction on the hourly interval and up from the head and shoulders pattern. The price has reached the resistance level Read More
2020-01-15T14:10:21	FX Graph Created : 2020-01-15 , at 14:10 0 293 UK inflation slides to three-year low in December U.K. consumer prices fell to the lowest level in three years in December, adding more pressure on the Bank of England to cut interest rates, data from the Offic Read More
2020-01-15T12:10:00	Fundamental Comment Created : 2020-01-15 , at 12:10 0 220 Japanese yen resumes recovery from 7-1/2-month trough The Japanese yen soared slightly against the U.S. dollar on Wednesday, resuming its rebound from a 7-1/2-month trough, amid some deterioration in risk sentiment Read More
2020-01-15T08:43:27	Fundamental Comment Created : 2020-01-15 , at 08:43 0 294 Market watch: UK, US inflation data Participants in global markets will be on a date with a number of important economic data this week, led by the inflation reports due from the U.K. and the Unit Read More
2020-01-15T08:30:21	Technical Analysis Created : 2020-01-15 , at 08:30 0 247 Daily Technical analysis for January 15, 2020 The EURUSD is still moving in an upside direction on the hourly interval and up from the head and shoulders pattern. In the case of maintaining the neckline, th Read More
2020-01-14T15:47:05	Cryptocurrency Created : 2020-01-14 , at 15:47 0 578 Bitcoin SV leads gains after CME launches futures BTC trading The top 10 cryptocurrencies, led by the Bitcoin SV, augmented on Tuesday, on optimism regarding the crypto market after the launch of the derivatives exchange C Read More
2020-01-10T17:45:12	Forex News Created : 2020-01-10 , at 17:45 0 297 American employers create fewer than forecast jobs in December The U.S. jobs report released on Friday showed that American employers created a fewer than forecast jobs in December, while unemployment rate stabilized at rec Read More
2020-01-10T08:27:41	Technical Analysis Created : 2020-01-10 , at 08:27 0 638 Daily Technical analysis for January 10, 2020 The EURUSD is still moving in an upside direction on the hourly interval and near the trend line. We expect more bullishness today to 1.2500 levels. Read More
2020-01-09T16:06:33	Forex News Created : 2020-01-09 , at 16:06 0 309 China CPI stabilizes, yet PPI resumes fall Inflation rates from the consumer point of view continued to stabilize near high levels in China during the month of December, while the producer prices resumed Read More
2020-01-09T08:31:25	Technical Analysis Created : 2020-01-09 , at 08:31 0 359 Daily Technical analysis for January 9, 2020 The EURUSD is still moving in an upside direction on the hourly interval and near the trend line. We expect more bullishness today to 1.2500 levels. Read More
2020-01-08T08:32:11	Fundamental Comment Created : 2020-01-08 , at 08:32 0 297 Germany factory orders, US ADP employment under scrutiny The key focus on Wednesday will be on Germany’s factory orders data and then the U.S. ADP employment for the last month of 2019, yet investors will keep their f Read More
2020-01-08T08:30:12	Technical Analysis Created : 2020-01-08 , at 08:30 0 229 Daily Technical analysis for January 8, 2020 The EURUSD is still moving in an upside direction on the hourly interval and near the trend line. We expect more bullishness today to 1.2500 levels. Read More
2020-01-07T08:37:34	Technical Analysis Created : 2020-01-07 , at 08:37 0 683 Daily Technical analysis for January 7, 2020 The EURUSD rose yesterday, as we expected, and reached a price level of 1.1192 today, and we expect more upside movements to the level of 1.1250. Read More
2020-01-06T08:44:35	Fundamental Comment Created : 2020-01-06 , at 08:44 0 384 Dollar: US jobs report to grab attention Financial market watchers will be followed by a number of important reports, especially the jobs report in the United States, as it is considered a leading indi Read More
2020-01-06T08:34:57	Technical Analysis Created : 2020-01-06 , at 08:34 0 573 Daily Technical analysis for January 6, 2020 The EURUSD is still moving in an upside direction over the one-hour timeframe. The pair has reached its maximum correction and touched the trend line, where it Read More
2020-01-03T17:34:32	Forex News Created : 2020-01-03 , at 17:34 0 283 Slowdown in Britain’s construction sector deepens in December U.K. construction sector signaled a worsening contraction in December, driven by the decline in demand due to uncertainty in the future of the British economy, Read More
2020-01-03T08:32:53	Technical Analysis Created : 2020-01-03 , at 08:32 0 154 Daily Technical analysis for January 3, 2020 The EURUSD fell, as we expected yesterday, where the pair is still in an upside direction on the one-hour timeframe and close to the support level of 1.1175. We Read More
2020-01-02T08:30:21	Technical Analysis Created : 2020-01-02 , at 08:30 0 146 Daily Technical analysis for January 2, 2020 The EURUSD pair is moving in an upside direction over the one-hour timeframe, as shown in the following image, where the price is now close to the upper limit o Read More
2019-12-30T08:27:42	Fundamental Comment Created : 2019-12-30 , at 08:27 0 403 Economic Week: PMIs; calmness to dominate markets Financial market watchers will witness the release of the final Purchasing Managers’ Index from a number of major economies, which are likely to give some clues Read More
2019-12-30T08:23:14	Technical Analysis Created : 2019-12-30 , at 08:23 0 206 Daily Technical analysis for December 30, 2019 The EURUSD pair is moving in an upside direction over the one-hour timeframe, as shown in the following image, where the price is now close to the upper limit o Read More
2019-12-27T08:38:30	Technical Analysis Created : 2019-12-27 , at 08:38 0 219 Daily Technical analysis for December 27, 2019 The EURUSD pair rose and is close to breaching the descending classical channel pattern. If it settles higher from it, it will likely target 1.1175 price level. Read More
2019-12-26T08:29:13	Technical Analysis Created : 2019-12-26 , at 08:29 0 203 Daily Technical analysis for December 26, 2019 The EURUSD is still moving in a downward direction on the one-hour timeframe inside the classic downside channel. We expect further drop for the pair in the com Read More
2019-12-24T08:26:59	Technical Analysis Created : 2019-12-24 , at 08:26 0 265 Daily Technical analysis for December 24, 2019 The EURUSD is still moving in a downward direction on the one-hour timeframe, moving inside the classic downside channel. We expect further drop for the pair in Read More
2019-12-23T17:36:24	Forex News Created : 2019-12-23 , at 17:36 0 232 US durable goods orders fall 2% in November U.S. durable goods unexpectedly dropped in November, amid tranquility in markets as investors and traders prepare for the year-end holidays. Read More
2019-12-23T08:36:07	Fundamental Comment Created : 2019-12-23 , at 08:36 0 200 Calmness, low volume to dominate markets due to year-end holidays Participants in global financial markets will take some rest this week in light of the beginning of the year-end holidays, a period in which traders usually clo Read More
2019-12-23T08:26:06	Technical Analysis Created : 2019-12-23 , at 08:26 0 209 Daily Technical analysis for December 23, 2019 As we expected, the EURUSD fell strongly on Friday until it reached the level of 1.1080, where the price is now facing a support level represented in the lower Read More
2019-12-20T15:26:29	Fundamental Comment Created : 2019-12-20 , at 15:26 0 235 UK growth revised up despite weak business investment The U.K. economy reported a more than forecast growth in the third quarter this year despite zero growth in business investment, the final GDP data released on Read More
2019-12-20T08:32:24	Technical Analysis Created : 2019-12-20 , at 08:32 0 221 Daily Technical analysis for December 20, 2019 As we expected yesterday, the EURUSD fell after retesting the broken upward trend line on the one-hour timeframe. Now, we expect more decline in the coming hour Read More
2019-12-19T08:23:38	Technical Analysis Created : 2019-12-19 , at 08:23 0 182 Daily Technical analysis for December 19, 2019 The EURUSD pair broke the bullish trend over the one-hour time, as shown in the following picture, and is now moving inside a classical bearish channel and is l Read More
2019-12-18T15:13:45	Forex News Created : 2019-12-18 , at 15:13 0 277 UK inflation holds at three-year low in November U.K. consumer prices remained at its lowest level in three years in November, with the rise in food prices, data from the Office for National Statistics showed Read More
2019-12-18T08:31:50	Fundamental Comment Created : 2019-12-18 , at 08:31 0 214 Pound may resume retreat ahead of UK inflation data After the release of weak flash manufacturing and services PI readings from the United Kingdom on Monday, eyes will focus on the inflation data ahead of the Ban Read More
2019-12-18T08:30:44	Technical Analysis Created : 2019-12-18 , at 08:30 0 208 Daily Technical analysis for December 18, 2019 The EURUSD is still moving upward on the hourly timeframe, as the price is now close to the lower boundary of the bullish classic channel and is likely to rise Read More
2019-12-17T14:53:57	Forex News Created : 2019-12-17 , at 14:53 0 290 UK wage growth slows, unemployment stabilizes U.K. unemployment report released on Tuesday showed that wage growth slowed and the unemployment rate stabilized at a record low. Read More
2019-12-17T08:31:21	Technical Analysis Created : 2019-12-17 , at 08:31 0 272 Daily Technical analysis for December 17, 2019 Yesterday the EUR/USD pair rose, as we expected, where the pair is currently moving in an upside direction on the one-hour timeframe and is close to the lower b Read More
2019-12-16T15:31:17	FX Graph Created : 2019-12-16 , at 15:31 0 237 China’s industrial output, retail sales beat expectations in November The Chinese economy released on Monday retail sales and industrial production for the month of November, where both readings witnessed a jump that exceeded expe Read More
2019-12-16T08:36:33	Technical Analysis Created : 2019-12-16 , at 08:36 0 251 Daily Technical analysis for December 16, 2019 As we expected last week, the EURUSD pair fell after touching the upper limit of the bullish classic channel pattern. The price is now at a good support area. Read More
2019-12-16T08:27:24	Fundamental Comment Created : 2019-12-16 , at 08:27 0 212 Economic Week: PMIs, BOE interest rate decision Flash purchasing managers’ index data for December, which will be issued in a number of major economies, will receive great attention from investors, as well as Read More
2019-12-13T13:48:56	Fundamental Comment Created : 2019-12-13 , at 13:48 0 202 Pound climbs to 18-month high as Conservatives seal majority Pound rose to the highest level in 18 months versus the U.S. dollar on Friday after the victory of the Conservative Party, headed by Prime Minister Boris Johnso Read More
2019-12-13T08:46:36	Technical Analysis Created : 2019-12-13 , at 08:46 0 211 Daily Technical analysis for December 13, 2019 The EURUSD pair rose strongly yesterday from 1.1110 levels, as we expected, the pair now faces a resistance level at 1.1175 and the upper limit of the bullish c Read More
2019-12-12T08:34:09	Technical Analysis Created : 2019-12-12 , at 08:34 0 298 Daily Technical analysis for December 12, 2019 The EURUSD pair broke the resistance levels located at 1.1098 - 1.1110 and settled above it, so it has become a support area. We expect more rise during the com Read More
2019-12-11T08:56:01	Fundamental Comment Created : 2019-12-11 , at 08:56 0 292 Markets to focus on the last Fed meeting this year The U.S. dollar will face a hard test as the markets await the last Federal Reserve meeting this year, amid worries about the deadline for a new round of tariff Read More
2019-12-11T08:48:09	Technical Analysis Created : 2019-12-11 , at 08:48 0 334 Daily Technical analysis for December 11, 2019 The euro continued to rise against the US dollar, as we expected yesterday, until the 1.0985 price level, which represents a resistance area along with the leve Read More
2019-12-09T15:32:31	Forex News Created : 2019-12-09 , at 15:32 0 254 Euro area economic confidence unexpectedly jumps Economic confidence in the euro area saw an unexpected jump in December, as the investor morale measure rose to +0.7 after recording -4.5 in November, the Senti Read More
2019-12-09T14:06:37	Technical Analysis Created : 2019-12-09 , at 14:06 0 344 Daily Technical analysis for December 9, 2019 The EURUSD pair fell last Friday as a result of the US labor market data until it reached the breached trend line on the one-hour timeframe. We expect the pair Read More
2019-12-05T18:38:45	Fundamental Comment Created : 2019-12-05 , at 18:38 0 305 Euro remains firm despite dismal economic data The euro held its gains despite the release of weak economic data from the euro zone, returning to the rise today against the dollar after hitting a four-week h Read More
2019-12-05T13:47:34	Forex News Created : 2019-12-05 , at 13:47 0 463 German industrial orders crisis continues in Q4 Industrial orders in Germany unexpectedly fell in October due to weak domestic and external demand from the euro zone, which reflect the slowdown in growth rate Read More
2019-12-05T13:03:10	Technical Analysis Created : 2019-12-05 , at 13:03 0 321 Daily Technical Analysis for November 5 Today, the EURUSD faces resistance at 1.1095, so we expect a downside correction to retest the breached downtrend line. Read More
2019-12-04T12:21:42	Technical Analysis Created : 2019-12-04 , at 12:21 0 351 Daily Technical Analysis for 04-12-2019 The EURUSD faces resistance at 1.1095, so we expect a downside correction today to retest the breached downtrend line. Read More
2019-12-03T13:49:08	Forex News Created : 2019-12-03 , at 13:49 0 343 UK construction rise more than forecast in November U.K. construction sector rose more than forecast in November, the Purchasing Managers’ Index data released on Tuesday showed. Read More
2019-12-03T13:13:35	Technical Analysis Created : 2019-12-03 , at 13:13 0 473 Daily Technical Analysis for 03-12-2019 Yesterday, the EURUSD rallied strongly to 1.0775 levels, which is very close to the 1.1095 resistance level, so we expect a downside correction today to retest Read More
2019-12-02T14:49:19	Forex News Created : 2019-12-02 , at 14:49 0 301 Euro area, UK manufacturing remain in contraction The IHS Markit report released on Monday indicated that the manufacturing sector activities in the euro area have remained in contraction in November. Read More
2019-12-02T14:29:34	Cryptocurrency Created : 2019-12-02 , at 14:29 0 334 November yield: Cryptocurrencies resume downside correction The top 10 cryptocurrencies reported a loss in November, where the Bitcoin, the leading digital currency, posted its fourth monthly drop in five months. Read More
2019-12-02T13:01:37	Technical Analysis Created : 2019-12-02 , at 13:01 0 112 Daily Technical Analysis for 02-12-2019 EUR/USD is moving in a bearish direction on the one-hour timeframe and is close to the resistance level of 1.0300, but due to the sharp rise last Friday, we pre Read More
2019-11-28T13:35:05	Technical Analysis Created : 2019-11-28 , at 13:35 0 372 Daily Technical Analysis for 28-11-2019 As we expected yesterday, the EURUSD broke the flag pattern on the hourly timeframe and fell to the 1.0990 support level, where pair is likely to continue its d Read More
2019-11-27T12:49:55	Technical Analysis Created : 2019-11-27 , at 12:49 0 306 Daily Technical Analysis for 27-11-2019 EURUSD is moving in a bearish direction on the one-hour timeframe forming a flag pattern. We should sell directly after the pattern’s breakout, with first targe Read More
2019-11-26T13:31:41	Technical Analysis Created : 2019-11-26 , at 13:31 0 511 Daily Technical Analysis for 26-11-2019 EURUSD is moving in a bearish direction over on-hour time interval, with a break of 1.0990 likely to target 1.0940 Read More
2019-11-13T13:49:24	Forex News Created : 2019-11-13 , at 13:49 3 489 Lower energy bills push UK inflation to the lowest since 2016 U.K. consumer prices hit its lowest level since 2016 in October, dragged down by lower energy bills, data from the Office for National Statistics showed Wednesd Read More
2019-11-12T14:04:54	Forex News Created : 2019-11-12 , at 14:04 3 434 UK wage growth slows, unemployment drops U.K. unemployment report released on Tuesday showed that wage growth slowed and the unemployment rate fell. Read More
2019-11-11T14:01:25	Forex News Created : 2019-11-11 , at 14:01 2 373 UK escapes recession, yet economy still weak The U.K. economy reported a growth in the third quarter to avoid relapsing into recession, yet the economy is still looking weak as it posted the weakest annual Read More
2019-11-07T16:20:18	Fundamental Comment Created : 2019-11-07 , at 16:20 3 359 BOE holds rates with a surprising 7-2 vote The Bank of England decided to hold its benchmark interest rate at 0.75 percent, but surprisingly two MPC members dissented calling for a rate cut. Read More
2019-11-07T15:16:12	Forex News Created : 2019-11-07 , at 15:16 3 350 EC slashes eurozone growth, warns of growing headwinds The European Commission has slashed its growth forecasts for the euro area for this year and next and warned of ‘growing headwinds.’ Read More
2019-11-06T13:45:55	Forex News Created : 2019-11-06 , at 13:45 2 284 Eurozone economic activities accelerate in October The final Purchasing Managers’ Index data released on Wednesday showed an acceleration in euro area business activities in October, thanks to improvement in the Read More
2019-11-05T16:51:25	Cryptocurrency Created : 2019-11-05 , at 16:51 3 432 October yield: Cryptocurrencies return to gains The top 10 cryptocurrencies reported a gain in October, where the Bitcoin, the leading digital currency, posted its first monthly advance in four months. Read More
2019-11-05T13:51:33	Forex News Created : 2019-11-05 , at 13:51 3 350 UK services improve despite weak confidence, political uncertainty U.K. services PMI showed a more than forecast improvement in October but the dominant sector is still suffering amid the undergoing weak confidence and politica Read More
2019-11-01T16:41:03	Forex News Created : 2019-11-01 , at 16:41 4 511 American employers create more than forecast jobs in October The U.S. jobs report released on Friday showed that American employers created a more than forecast jobs in October, yet pay growth missed forecasts and unemplo Read More
2019-10-18T09:34:01	FX Graph Created : 2019-10-18 , at 09:34 16 606 China growth ease to three-decade low on sluggish investment China’s economic growth showed a weaker than forecast ease to a three-decade low in the third quarter on slowdown in investment, GDP figures released on Friday Read More
2019-10-17T11:33:12	Fundamental Comment Created : 2019-10-17 , at 11:33 16 423 Pound hits new high on Brexit deal, what’s next? The pound hit a new five-month high on Thursday after the U.K. and EU said they have reached a Brexit deal, but it snapped some of its gains on worries the Brit Read More
2019-10-16T13:03:12	Forex News Created : 2019-10-16 , at 13:03 10 418 US consumer prices fall for first time in seven months Retail sales in the United States saw its first fall in seven months in September, the Commerce Department data released on Wednesday showed. Read More
2019-10-16T08:46:13	Forex News Created : 2019-10-16 , at 08:46 15 322 UK consumer prices hold at 1.7% in September U.K. consumer prices remained at its lowest level since 2016 in September, data from the Office for National Statistics showed Wednesday. Read More
2019-10-15T08:58:34	Forex News Created : 2019-10-15 , at 08:58 14 487 UK wage growth decelerates to 3.8%, unemployment rises U.K. unemployment report released on Tuesday showed that wage growth decelerated, while the unemployment rate rose from record low. Read More
2019-10-15T08:31:02	FX Graph Created : 2019-10-15 , at 08:31 15 396 China inflation divergence adds to slowdown concerns China’s inflation data released on Tuesday showed divergence between the producer prices and consumer prices, reflecting the suffer of the world’s second bigges Read More
2019-10-14T08:11:21	Fundamental Comment Created : 2019-10-14 , at 08:11 9 468 Economic Week: China's growth data, trade war developments Observers of global markets will be on track with a number of important economic data this week, led by growth data from the Chinese economy, as well as inflati Read More
2019-10-10T12:59:23	Forex News Created : 2019-10-10 , at 12:59 7 268 US consumer prices unexpectedly stall in September Consumer prices in the United States unexpectedly stalled in September, as used-car costs slipped by the most in a year, Labor Department data showed on Thursda Read More
2019-10-10T08:59:11	Forex News Created : 2019-10-10 , at 08:59 9 219 UK economy contracts 0.1% in August The U.K. economy reported a contraction of 0.1 percent in the month of August, but the three-month growth was stronger than expected. Read More
2019-10-08T07:46:29	Forex News Created : 2019-10-08 , at 07:46 6 360 German industrial output rises for the first time in 3 months German industrial production rose for the first time in three months in August, yet uncertainty still surrounds the outlook of Europe’s biggest economy. Read More
2019-10-07T08:42:41	Fundamental Comment Created : 2019-10-07 , at 08:42 5 567 Economic Week: Eyes on trade talks, FOMC minutes Financial markets will follow the latest developments in the US-China trade war, with a delegation from China coming to the United States this week for a new ro Read More
2019-10-07T07:54:28	Forex News Created : 2019-10-07 , at 07:54 6 423 German factory orders resume drop in August German factory orders resumed its drop in August, raising concerns that Europe’s biggest economy may experience a technical recession. Read More
2019-10-04T12:48:15	Forex News Created : 2019-10-04 , at 12:48 6 373 US jobs report provides mixed signs, dollar fluctuates The U.S. jobs report released on Friday showed mixed signs regarding the labor market in September, as U.S. employers crated fewer than forecasts jobs in Septem Read More
2019-10-03T08:59:55	Forex News Created : 2019-10-03 , at 08:59 5 387 UK services unexpectedly shrink in September U.K. services PMI showed an unexpected contraction in September, raising concerns the British economy may on the brink of economic recession. Read More
2019-10-03T08:22:22	Forex News Created : 2019-10-03 , at 08:22 6 371 Eurozone economic activities slow on September The final Purchasing Managers’ Index data released on Thursday showed a slowdown in euro area business activity in September. Read More
2019-10-02T11:52:32	Cryptocurrency Created : 2019-10-02 , at 11:52 9 409 September harvest: Bitcoin extends losses, Ethereum locks gain The top 10 cryptocurrencies reported a loss in September after a month that saw some rise in trading volume, where the Bitcoin, the leading digital currency, po Read More
2019-10-02T09:00:50	Forex News Created : 2019-10-02 , at 09:00 3 283 UK construction unexpectedly widens contraction in September U.K. construction sector was hit by a tremendous fall in new orders in September, adding to growth concerns, the Purchasing Managers’ Index data released on Wed Read More
2019-10-01T10:11:29	FX Graph Created : 2019-10-01 , at 10:11 8 397 UK factory rebounds from seven-month low, yet remains in contraction U.K. manufacturing sector rose from a seven-month low recorded in August, lifted by rise in stocks of purchases and input buying volumes, the Purchasing Manager Read More
2019-10-01T09:03:33	Forex News Created : 2019-10-01 , at 09:03 9 324 European manufacturing PMI falls to seven-year low The final Purchasing Managers’ Index data released on Monday showed that euro area manufacturing widened its contraction to hit its lowest level in seven months Read More
2019-09-30T08:50:24	Forex News Created : 2019-09-30 , at 08:50 7 373 UK annual growth revised up to 1.3% The pace of annual growth in Britain’s economy saw an upside revision, yet the economy sill contracted on the quarterly basis, data from the ONS showed on Monda Read More
2019-09-30T08:26:06	Fundamental Comment Created : 2019-09-30 , at 08:26 7 353 Economic Week: US jobs report, PMI reports to grab attention After many of the world's central banks have either cut interest rates or launched economic stimulus programs, financial markets will be following a number of i Read More
2019-09-26T12:47:34	Forex News Created : 2019-09-26 , at 12:47 6 279 US economy confirms ease in growth to 2% in Q2 The U.S. confirmed the ease in the pace of expansion in the second quarter, giving support to the Federal Reserve after it decided to cut interest rates. Read More
2019-09-26T09:21:02	FX Graph Created : 2019-09-26 , at 09:21 8 512 Gold outpaces copper over the last six months Precious-Gold has outperformed copper over the last six months as global concerns have triggered strong safety demand on the yellow metal. Read More
2019-09-23T12:53:07	Forex News Created : 2019-09-23 , at 12:53 10 366 Euro area economic activity slows to six-year low Euro area business activity slowed in to the lowest level in nearly six years in September, dragged down by a sharp fall in the manufacturing sector, the prelim Read More
2019-09-19T15:19:02	Fundamental Comment Created : 2019-09-19 , at 15:19 14 523 BOE warns of Brexit uncertainty, trade war The Bank of England opted to hold the benchmark interest rate at 0.75 percent while warned of Brexit uncertainty and trade war and there impact on the UK Read More
2019-09-19T12:52:02	Forex News Created : 2019-09-19 , at 12:52 13 468 UK retail sales drop 0.2% in August Retail sales in the United Kingdom showed a 0.2 percent fall in August, data from the Office for National Statistics showed on Thursday. Read More
2019-09-18T23:13:07	Fundamental Comment Created : 2019-09-18 , at 23:13 19 547 Federal Reserve cuts its interest rates by 25bp The Federal Reserve decided at its meeting on Wednesday to cut interest rates, as expected in the markets, by a quarter percentage point, as the Bank seeks to s Read More
2019-09-18T12:40:49	Forex News Created : 2019-09-18 , at 12:40 9 443 UK consumer prices slide to the lowest since 2016 U.K. consumer prices fell to the lowest level since 2016, data from the Office for National Statistics showed Wednesday. Read More
2019-09-16T12:57:10	Fundamental Comment Created : 2019-09-16 , at 12:57 10 341 Economic Week: Central bank meetings to grab attention After the ECB announced stimulus plans last week, financial markets will be closely watching the meetings of major central banks this week to see the direction Read More
2019-09-13T16:53:56	Forex News Created : 2019-09-13 , at 16:53 15 405 US retail sales rise more than forecast in August Retail sales in the United States saw a more than forecast rise in August, the Commerce Department data released on Friday showed. Read More
2019-09-13T13:27:17	Forex News Created : 2019-09-13 , at 13:27 16 402 Euro area trade surplus widens in July on higher exports Euro area seasonally adjusted trade surplus widened to 19.0 billion euros in July, compared to a revised surplus of 17.7 billion euros in June, Eurostat data re Read More
2019-09-12T17:14:42	Fundamental Comment Created : 2019-09-12 , at 17:14 9 335 ECB Draghi cuts forecasts, euro falls near record low At the beginning of the press conference, ECB President Mario Draghi has confirmed the central bank decision of cutting the deposit rate to -0.5 percent and ann Read More
2019-09-12T16:10:17	Forex News Created : 2019-09-12 , at 16:10 13 373 ECB announces stimulus, cuts deposit rate The European Central Bank announced a new stimulus package to bolster growth in the euro area economy, while decided to slash the deposit rate to encourage lend Read More
2019-09-11T16:44:32	Forex News Created : 2019-09-11 , at 16:44 15 302 US producer prices rise more than forecast in August Producer prices in the United States rose more than forecasts in August, data released on Wednesday showed, helping the dollar to remain firm. Read More
2019-09-10T12:46:48	Forex News Created : 2019-09-10 , at 12:46 10 346 UK wage growth accelerates to 4%, unemployment falls U.K. unemployment report released on Tuesday showed that wage growth accelerated, while the unemployment rate hit to a new record low. Read More
2019-09-06T16:51:26	Forex News Created : 2019-09-06 , at 16:51 12 308 US job creation misses forecasts, dollar stumbles U.S. employers crated fewer than forecasts jobs in August, the non-farm payrolls report released on Friday showed, pushing the U.S. dollar lower. Read More
2019-09-05T16:25:11	Forex News Created : 2019-09-05 , at 16:25 8 303 US private employers create more than forecast jobs in August U.S. private employers created 195,000 jobs in August, according to the ADP non-farm employment report released on Thursday. Read More
2019-09-04T12:26:57	Forex News Created : 2019-09-04 , at 12:26 10 347 Euro area business activity improves on progress in services The Purchasing Managers’ Index data released on Wednesday showed an improvement in the euro area business activity in August. Read More
2019-09-03T18:40:47	Forex News Created : 2019-09-03 , at 18:40 11 311 US manufacturing reports first contraction in there years U.S. manufacturing sector reported its first contraction in three years in August, the Institute for Supply Management data released on Tuesday showed. Read More
2019-09-03T13:11:18	Forex News Created : 2019-09-03 , at 13:11 13 275 UK construction hit by significant drop in new orders U.K. construction sector was hit by a tremendous fall in the new orders, adding to growth concerns, the Purchasing Managers’ Index data released on Tuesday show Read More
2019-09-02T18:23:39	Cryptocurrency Created : 2019-09-02 , at 18:23 14 386 Top cryptocurrencies extend losses in August The top cryptocurrencies reported a loss in August after a month characterized by significant drop in volume, where the Bitcoin, the leading digital currency, p Read More
2019-09-02T13:19:48	Forex News Created : 2019-09-02 , at 13:19 10 349 UK factory slumps to seven-year low in August U.K. manufacturing sector reported a narrowing expansion in August, hitting the lowest level in seven years, raising concerns about the growth pace in the third Read More
2019-09-02T12:46:14	FX Graph Created : 2019-09-02 , at 12:46 13 350 European manufacturing remains in contraction The final Purchasing Managers’ Index data released on Monday showed that euro area manufacturing remained contraction for seven months in August. Read More
2019-08-21T22:19:08	Fundamental Comment Created : 2019-08-21 , at 22:19 11 444 Fed cut interest rate to avert low inflation, economic slowdown The Federal Open Market Committee minutes for July meeting showed that it was necessary to cut interest rates to avoid risks stemming from the too low inflation Read More
2019-08-19T13:22:07	Forex News Created : 2019-08-19 , at 13:22 14 751 Euro area inflation unexpectedly falls to 1% in July Unexpectedly, inflation in the euro area, measured by the consumer prices, decelerated further in July, adding further pressure on the European Central Bank to Read More
2019-08-19T13:01:50	Fundamental Comment Created : 2019-08-19 , at 13:01 14 750 Economic Week: FOMC Minutes, Jackson Hole Symposium This week, financial markets will follow the FOMC minutes of the latest Federal Reserve meeting, in light of the divergence in interest rate cut in the coming p Read More
2019-08-16T13:46:17	Fundamental Comment Created : 2019-08-16 , at 13:46 7 650 Oil prices rebound as US data eases recession fears Oil prices rose during Friday's trading, set for a weekly gain, driven by positive U.S. economic data, ahead of the disclosure of crude oil rigs data. Read More
2019-08-16T13:23:49	Forex News Created : 2019-08-16 , at 13:23 10 772 Euro area trade surplus narrows as exports plunge Euro area trade surplus narrowed to 17.9 billion euro in June from a revised of 19.6 billion euros surplus in May, compared to forecasts of 18.7 billion-euro su Read More
2019-08-15T17:33:48	Forex News Created : 2019-08-15 , at 17:33 9 675 US retail sales beat forecasts, yet industrial production drops US retail sales improved significantly in July, beating expectations, helping quelling concerns the world’s biggest economy may be heading into recession, but i Read More
2019-08-15T13:37:54	Fundamental Comment Created : 2019-08-15 , at 13:37 12 862 Australian dollar finds support from employment data The Australian dollar gained some support from economic data released today showing a better than forecast jobs added in July in Australia. Read More
2019-08-15T13:09:48	Forex News Created : 2019-08-15 , at 13:09 4 688 UK retail sales show unexpected rise in July U.K. retail sales showed an unexpected rise in July due to a large increase in online sales, the Office for National Statistics reported. Read More
2019-08-14T15:06:12	FX Graph Created : 2019-08-14 , at 15:06 16 727 Get to know all US-China tariffs since March 2018 U.S. President Donald Trump announced on Tuesday the split of the new intended tariffs on Chinese products, but taking a look at all the imposed tariffs since M Read More
2019-08-14T13:58:54	Forex News Created : 2019-08-14 , at 13:58 5 627 Euro area confirms slowdown to 0.2% in Q2 Eurostat data released on Wednesday confirmed a slowdown in the euro area economy, the flash GDP reading showed. Read More
2019-08-13T16:54:58	Forex News Created : 2019-08-13 , at 16:54 5 697 US consumer prices accelerate to 1.8% in July U.S. consumer prices rose in July, but the intensifying trade war with China will probably prompt the Federal Reserve to tighten monetary policy in the coming m Read More
2019-08-13T15:33:09	Fundamental Comment Created : 2019-08-13 , at 15:33 5 692 Yen strengthens to 7-month high as safety demand continues The Japanese yen continued to rise in currency markets as persisting geopolitical tensions prompted investors to turn to the Japanese currency as a safe-haven, Read More
2019-08-12T15:32:24	Fundamental Comment Created : 2019-08-12 , at 15:32 6 249 Economic Week: US Data, Trade War Developments Markets will follow closely the major economic reports released this week from major economies to see the direction of central banks’ monetary policy in the com Read More
2019-08-09T16:51:38	Forex News Created : 2019-08-09 , at 16:51 6 580 US producer prices rise more than forecast Producer prices in the United States rose more than forecasts in July, data released on Friday showed, while the dollar showed muted effect. Read More
2019-08-08T17:17:23	Forex News Created : 2019-08-08 , at 17:17 6 578 US initial jobless claims drop more than estimates U.S. initial jobless claims showed a more than forecast last week, reflecting the strength of the labor market despite caution from Fed policymakers of the impa Read More
2019-08-07T13:13:38	Forex News Created : 2019-08-07 , at 13:13 4 648 German industrial output drop raises recession concerns German industrial production reported a more than forecast drop in June, raising recession concerns in Europe’s biggest economy. Read More
2019-08-06T14:09:15	Fundamental Comment Created : 2019-08-06 , at 14:09 3 220 Australian dollar rebounds despite RBA dovish statement The Australian dollar rebounded moderately after the Reserve Bank of Australia left the interest rate without any change at 1 percent, as expected by analysts, Read More
2019-08-06T12:44:16	Cryptocurrency Created : 2019-08-06 , at 12:44 9 802 Bitcoin pasts $12,000 amidst growing trade war The Bitcoin surpassed $12,000 as many investors sought safety amidst the melting U.S.-China trade war and global macro-economic concerns. Read More
2019-08-05T18:20:19	Forex News Created : 2019-08-05 , at 18:20 4 584 US services post slowest growth since 2016 The services sector trailed the slowdown in manufacturing, as the ISM gauge fell to 53.7 in July, the lowest level in nearly three years. Read More
2019-08-05T12:37:34	Fundamental Comment Created : 2019-08-05 , at 12:37 3 350 Economic Week: Trade War, Services Sector Data Perhaps the most notable economic reports this week are the service sector data released in a number of major economies, while attention will remain focused on Read More
2019-08-02T17:28:57	Cryptocurrency Created : 2019-08-02 , at 17:28 6 763 Top Cryptocurrencies Post losses in July The top cryptocurrencies reported a loss in July after a month characterized by high volatility, where the Bitcoin, the leading digital currency, posted its fir Read More
2019-08-02T16:41:59	Forex News Created : 2019-08-02 , at 16:41 4 604 US job creation matches forecasts, dollar fluctuates U.S. employers crated jobs in July in line with median forecasts, the non-farm payrolls report released on Friday showed, pushing the U.S. dollar lower. Read More
2019-08-02T13:31:37	Fundamental Comment Created : 2019-08-02 , at 13:31 3 314 Gold retreats from two-week high, looks for support from NFP Gold retreated from a two-week high on Friday, but the U.S. non-farm payrolls report may trigger more safety demand on the yellow metal, given the undergoing un Read More
2019-08-01T12:31:53	Forex News Created : 2019-08-01 , at 12:31 4 261 European manufacturing witnesses sharpest deterioration in 7 years The final Purchasing Managers’ Index data released on Thursday showed that euro area manufacturing declined the most in 7 years in July. Read More
2019-07-31T22:37:35	Fundamental Comment Created : 2019-07-31 , at 22:37 4 361 Fed slashes interest rates by 25bp, yet dollar rises In a widely predicted move, the Federal Reserve opted to cut interest rates by 25 basis points to a range of 2%-2.25% to support the economy amidst the global s Read More
2019-07-31T17:04:10	Forex News Created : 2019-07-31 , at 17:04 3 285 US private employers create more than forecast jobs in July U.S. private employers created 156,000 jobs in July, according to the ADP non-farm employment report released on Wednesday. Read More
2019-07-31T13:19:30	Forex News Created : 2019-07-31 , at 13:19 3 342 Euro area growth slows, inflation retreats to 17-month low Data from the euro area released on Wednesday confirmed the slowdown in the second quarter growth and inflation slipped to a 17-month low, raising expectations Read More
2019-07-29T12:58:21	Fundamental Comment Created : 2019-07-29 , at 12:58 4 375 Economic Week: Fed poised to cut rates for the first time in a decade After many central banks have either cut interest rates or launched economic stimulus programs, financial markets will be on track with the Federal Reserve's in Read More
2019-07-26T16:45:24	Forex News Created : 2019-07-26 , at 16:45 8 319 US reports better than forecast Q2 growth, dollar strengthens The U.S. economy reported a better-than-forecast growth in the second quarter, the advanced GDP reading released on Friday showed. Read More
2019-07-25T16:51:42	Fundamental Comment Created : 2019-07-25 , at 16:51 9 317 ECB Draghi: There was no discussions of cutting interest rates At the beginning of the press conference, ECB President Mario Draghi highlighted the softening global growth dynamics, weak international trade and weakness in Read More
2019-07-25T16:06:52	Forex News Created : 2019-07-25 , at 16:06 8 426 ECB: Policy will remain “highly accommodative” for “a longer period” The European Central Bank opted to hold interest rates, in line with market forecasts, but it set a strong guidance on the future monetary policy path. Read More
2019-07-24T12:31:28	Forex News Created : 2019-07-24 , at 12:31 7 253 Euro area economic activities slow, German manufacturing falls sharply Euro area business activity slowed in July, dragged down by a sharp fall in Germany’s manufacturing sector, the preliminary Purchasing Managers’ Index (PMI) sho Read More
2019-07-22T02:53:22	Fundamental Comment Created : 2019-07-22 , at 02:53 9 574 Economic Week: ECB Monetary Policy Meeting, US Data Global market watchers will be following a number of important events and economic data this week as the European Central Bank will set interest rates, while hi Read More
2019-07-17T12:46:42	Forex News Created : 2019-07-17 , at 12:46 11 250 UK consumer prices hold at 2% in June U.K. consumer prices held at 2.0 percent in the year through June, data from the Office for National Statistics showed Wednesday. Read More
2019-07-16T17:19:38	Forex News Created : 2019-07-16 , at 17:19 8 272 US retail sales beat estimates, dollar strengthens Retail sales in the United States saw a more than forecast rise in June, the Commerce Department data released on Friday showed, helping the U.S. dollar to stre Read More
2019-07-16T14:11:21	Forex News Created : 2019-07-16 , at 14:11 7 312 Dollar strengthens ahead of U.S. retail sales, Powell speech The U.S. retail sales report due today is likely to weigh on the U.S. dollar index movements since it directly reflects the strength of consumer spending in the Read More
2019-07-08T13:38:26	Fundamental Comment Created : 2019-07-08 , at 13:38 13 310 Economic Week: Fed minutes, US inflation data This week, financial markets will put the minutes of latest Federal Reserve policy meeting under scrutiny, especially after a number of major central banks have Read More
2019-07-05T17:21:26	Forex News Created : 2019-07-05 , at 17:21 16 442 US job creation surpasses forecasts, dollar strengthens U.S. employers created more than forecast jobs in June, the non-farm payrolls report released on Friday showed, pushing the U.S. dollar higher. Read More
2019-07-04T14:35:39	Cryptocurrency Created : 2019-07-04 , at 14:35 25 1114 Is the Bitcoin’s bull run losing steam? The Bitcoin saw the biggest increase in June, but it also witnessed sharp volatility to raise doubts about the ability of the bullish trend to continue in July. Read More
2019-07-03T01:06:44	Fundamental Comment Created : 2019-07-03 , at 01:06 19 380 US stocks recover earlier losses to finish on record high US stocks slipped down afternoon but closed on a record higher for a second straight session on Tuesday, as news of proposed US tariffs on $4 billion worth of i Read More
2019-07-01T13:25:00	Forex News Created : 2019-07-01 , at 13:25 21 786 UK manufacturing PMI falls to six-year low in June U.K. manufacturing sector reported an unexpected widening contraction in June, hitting the lowest level in 6 years, raising concerns about the growth pace in th Read More
2019-06-28T02:00:18	Fundamental Comment Created : 2019-06-28 , at 02:00 25 696 US stocks close on moderate gains amid trade deal hopes U.S. stocks closed modestly on Thursday, after four days of losses, as investors await further news on U.S. China trade relations from the G-20 meeting tomorrow Read More
2019-06-26T16:52:55	Forex News Created : 2019-06-26 , at 16:52 21 756 US durable goods orders rise more than forecast U.S. durable goods orders showed a more than forecast rise in May, while goods trade deficit widened more than forecast. Read More
2019-06-25T12:32:27	Cryptocurrency Created : 2019-06-25 , at 12:32 21 941 Bitcoin climbs to 15-month high on brighter outlook The Bitcoin continued to lead rally in cryptocurrencies on Tuesday, setting a new record high for 2019, as investors see a bright future for the leading digital Read More
2019-06-20T15:41:54	Fundamental Comment Created : 2019-06-20 , at 15:41 21 375 Bank of England stands pat on interest rates The Bank of England (BoE) nine-member monetary policy committee have voted unanimously to keep interest rates at the current levels of 0.75 percent, matching ma Read More
2019-06-19T23:31:04	Fundamental Comment Created : 2019-06-19 , at 23:31 17 280 Fed holds interest rates, leaves door open to possible rate cuts The Federal Reserve kept its interest rates unchanged at the monetary policy meeting held on Wednesday, but noted the central bank's willingness to cut interest Read More
2019-06-19T12:17:56	Fundamental Comment Created : 2019-06-19 , at 12:17 16 345 Dollar plunges as investors await Fed decision The US dollar moved lower against its major counterparts on Wednesday, as investors await the outcome of the Federal Reserve’s monetary policy meeting. Read More
2019-06-18T13:42:41	Forex News Created : 2019-06-18 , at 13:42 31 799 Euro area inflation confirms deceleration to 1.2% Euro area inflation confirmed deceleration to 1.2 percent in the year through May, the final consumer price index reading showed. Read More
2019-06-17T12:46:20	Fundamental Comment Created : 2019-06-17 , at 12:46 16 434 Economic Week: Federal Reserve Policy Meeting in Focus The most important event that may affect the movements of major currencies this week will be the Federal Reserve monetary policy meeting Read More
2019-06-14T16:56:23	Forex News Created : 2019-06-14 , at 16:56 43 1064 US retail sales rise below forecasts in May Retail sales in the United States saw a lower than forecast rise in May, the Commerce Department data released on Friday showed. Read More
2019-06-13T15:50:21	Fundamental Comment Created : 2019-06-13 , at 15:50 43 1816 Swiss franc remains firm after SNB rate decision The Swiss franc strengthened versus major currencies after the Swiss National Bank (SNB) opted to maintain its current monetary policy, where it has remained fi Read More
2019-06-12T16:36:32	Forex News Created : 2019-06-12 , at 16:36 22 2812 US consumer prices slow in May Consumer prices in the United States showed a slowdown in May, keeping inflation weak ahead of the Federal Reserve’s meeting next week, Labor Department data sh Read More
2019-06-12T12:44:56	Fundamental Comment Created : 2019-06-12 , at 12:44 19 944 Oil prices extend losses on weaker demand outlook Oil prices tumbled for a third straight session on Wednesday on weaker oil demand outlook, soar in U.S. crude inventories and bearishness in sentiment. Read More
2019-06-11T18:10:59	FX Graph Created : 2019-06-11 , at 18:10 25 708 Traders still bet on Fed rate cut despite ease in trade tensions Despite the ease in trade tensions between the United States and Mexico, traders still bet the Federal Reserve would cut interest rates in within months. Read More
2019-06-11T13:15:42	Forex News Created : 2019-06-11 , at 13:15 21 2051 UK wage growth stronger than forecast, jobless rate steadies U.K. unemployment report released on Tuesday showed that wage growth rose more than forecast while the unemployment rate steadied at its record low in the quart Read More
2019-06-10T14:26:35	Fundamental Comment Created : 2019-06-10 , at 14:26 19 396 This Week: Trade Tensions, US Inflation Data in Focus Markets will continue to follow the latest trade crisis between the United States and China after the conflict between the two sides has intensified over the pa Read More
2019-06-10T13:15:52	Forex News Created : 2019-06-10 , at 13:15 24 896 UK economy contracts 0.4% in April Britain’s economy reported a more than forecast contraction in April, yet it saw a growth over the quarter, data from the ONS showed on Monday. Read More
2019-06-07T16:51:10	Forex News Created : 2019-06-07 , at 16:51 32 426 US job creation miss forecasts, dollar slides to seven-week low U.S. employers created fewer than forecast jobs in May, the non-farm payrolls report released on Friday showed, pushing the U.S. dollar to its lowest level in s Read More
2019-06-06T17:26:24	Fundamental Comment Created : 2019-06-06 , at 17:26 25 351 ECB raises growth, inflation forecasts despite glob al headwinds Draghi started his press conference by highlighting the risks stemming from global headwinds Read More
2019-06-04T16:00:40	FX Graph Created : 2019-06-04 , at 16:00 29 498 Euro area inflation falls to 1.2%, piling pressure on ECB Euro area inflation, measured by the consumer price index, showed a more than predicted fall in May, adding pressure on the European central Bank before its pol Read More
2019-06-03T15:49:24	Fundamental Comment Created : 2019-06-03 , at 15:49 27 403 Market Focus: US Jobs Report, ECB Policy Meeting The most important reports this week are the monthly U.S. jobs report and the European Central Bank's monetary policy meeting Read More
2019-05-30T14:35:21	Fundamental Comment Created : 2019-05-30 , at 14:35 27 376 Bonds, dollar outshine gold as US-China trade dispute intensifies Gold prices fell on Thursday as the lingering trading war between the United States and China supported demand on bonds and the U.S. dollar at the expense of go Read More
2019-05-29T02:27:49	Fundamental Comment Created : 2019-05-29 , at 02:27 26 442 US stocks finish lower amid simmering trade tensions US stocks declined on Tuesday, as the escalating trade tensions between the U.S. and Read More
2019-05-24T16:42:14	Forex News Created : 2019-05-24 , at 16:42 33 541 US durable goods drop more than forecast U.S. durable goods dropped more than forecast in April, adding further downside pressure on the U.S. dollar Read More
2019-05-23T18:49:15	FX Graph Created : 2019-05-23 , at 18:49 36 513 Trade war escalation could shave 0.6% of global GDP Further escalation between Washington and Beijing of the year-long trade war would hinder global growth at a time when the global economy is already slowing Read More
2019-05-23T13:12:56	Forex News Created : 2019-05-23 , at 13:12 33 495 Euro area private sector growth slows further in May Business activity in the euro area private sector slowed further in May, dragged down by trade war concerns, IHS Markit data released on Thursday showed Read More
2019-05-22T13:24:58	Forex News Created : 2019-05-22 , at 13:24 35 329 UK consumer prices accelerate to 2.1% in April U.K. consumer prices accelerated to 2.1 percent in the year through April, buoyed by rising energy prices and air fares. Read More
2019-05-21T15:44:05	Fundamental Comment Created : 2019-05-21 , at 15:44 31 580 European shares trail gains in Asia on sentiment improvement European shares gained on Tuesday, trailing gains in Asia, clawing back Monday’s sharp losses on optimism after easing of U.S. trade restrictions on Huawei Read More
2019-05-21T12:58:20	Education Created : 2019-05-21 , at 12:58 33 1091 A deep dive into the new era of IEOs and STOs The fund-raising process in crypto industry has started to witness some changes, as new projects are undergoing Initial Exchange Offering and Security Token Off Read More
2019-05-20T14:00:37	Fundamental Comment Created : 2019-05-20 , at 14:00 30 412 Trade tensions, Fed minutes top economic agenda this week Markets will continue to focus on the latest update regarding US-China trade talks and minutes of the Federal Reserve meeting Read More
2019-05-18T03:01:30	Cryptocurrency Created : 2019-05-18 , at 03:01 32 500 Bitcoin recovers above $7000 after sudden “flash crash” Bitcoin led sharp losses in cryptocurrencies today after a “flash crash” in the price of Bitcoin that took it down by thousand dollars in a matter of minutes Read More
2019-05-17T02:44:57	Fundamental Comment Created : 2019-05-17 , at 02:44 32 430 US stocks rise despite trade dispute, dollar hits two-week high US stocks saw a significant gains by the end of Thursday’s session despite trade dispute, while the dollar climbed to two-week high Read More
2019-05-10T16:46:00	Forex News Created : 2019-05-10 , at 16:46 36 2724 US consumer prices decelerate to 0.3% in April Consumer prices in the United States decelerated to 0.3 percent increase in April, Labor Department data showed on Friday. Read More
2019-05-10T16:06:08	Fundamental Comment Created : 2019-05-10 , at 16:06 34 1590 Gold set for weekly gain as US revives trade war with China Gold prices held gains on Friday, headed for a weekly gain, on safety demand after the U.S. raised tariffs on Chinese goods Read More
2019-05-09T17:09:25	Forex News Created : 2019-05-09 , at 17:09 38 2521 US trade deficit with China narrows in March U.S. trade figures released on Thursday showed that the United States trade deficit with China narrowed on March Read More
2019-05-09T15:54:16	Fundamental Comment Created : 2019-05-09 , at 15:54 32 480 Dollar climbs to four-month high versus yuan on trade war escalation Read More
2019-05-08T13:54:26	FX Graph Created : 2019-05-08 , at 13:54 44 584 China exports unexpectedly fall in April China’s exports reported an unexpected drop in April, reflecting the slowdown in global demand on Chinese goods Read More
2019-05-07T16:24:48	Fundamental Comment Created : 2019-05-07 , at 16:24 33 404 European shares widen losses on renewed trade tensions European shares traded in red on Tuesday amid fading hopes of a US-China trade deal after the latest threats from President Donald Trump to hike tariffs on Chin Read More
2019-05-07T15:29:26	Cryptocurrency Created : 2019-05-07 , at 15:29 41 744 Ripple holds above $0.30 after upgrading xCurrent 4.0 Ripple joined other cryptocurrencies in advancing on Tuesday, attempting to take part in the latest bull run in the crypto market, after announcing an upgrade t Read More
2019-05-06T14:08:33	Forex News Created : 2019-05-06 , at 14:08 37 850 Euro area economic activity starts Q2 on weak note Euro area economic activity started the second quarter on a weak note after the final Composite Purchasing Managers’ Index fell slightly below March’s reading Read More
2019-05-06T13:38:31	Fundamental Comment Created : 2019-05-06 , at 13:38 31 460 Economic Week: Trade Talks, US Inflation Data Under Scrutiny The most prominent economic events this week are the continuation of trade talks between the United States and China in Washington as well as the release of US Read More
2019-05-03T16:51:57	Cryptocurrency Created : 2019-05-03 , at 16:51 39 883 After April’s Rally: Should You Hold Bitcoin or Alcoins? Cryptocurrencies started a bull run in April after they have ended their bullish direction that hit the digital market since the record highs registered at the Read More
2019-05-03T16:44:58	Forex News Created : 2019-05-03 , at 16:44 35 534 US job creation beats forecasts, unemployment falls to 50-year low U.S. employers created a more than forecast jobs in April, the non-farm payrolls report released on Friday showed Read More
2019-05-03T12:53:05	Forex News Created : 2019-05-03 , at 12:53 40 441 British services leave contraction in April Read More
2019-05-02T15:06:26	Fundamental Comment Created : 2019-05-02 , at 15:06 30 448 BOE holds interest rates amid Brexit uncertainty The Bank of England has voted unanimously to leave UK interest rates unchanged at 0.75 percent, amidst the undergoing Brexit uncertainty Read More
2019-05-02T12:45:58	FX Graph Created : 2019-05-02 , at 12:45 39 563 Euro area manufacturing remains in contraction for third month Euro area manufacturing sector remained in contraction for a third straight month in April, the final Purchasing Managers’ Index report showed Read More
2019-05-01T16:38:18	Forex News Created : 2019-05-01 , at 16:38 34 409 US private employers create more than forecast jobs in April U.S. private employers created 275,000 jobs in April, according to the ADP non-farm employment report released on Wednesday Read More
2019-04-30T13:44:54	Forex News Created : 2019-04-30 , at 13:44 33 393 Euro area growth accelerates more than forecast Read More
2019-04-29T15:39:16	Fundamental Comment Created : 2019-04-29 , at 15:39 34 437