Daily Forex Market Preview, 24/05/2018 It was a busy day for the markets yesterday with a number of economic releases lined up. The Eurozone flash services and manufacturing PMI's showed that activity in both the sectors fell to 18-month and a 16-month low. This brought the Eurozone composite output index to an 18-month low. The euro was l...
Daily Forex Market Preview, 23/05/2018 The U.S. dollar was seen trading mixed yesterday. Economic data was sparse for the day. The UK’s public sector net borrowing data showed that government borrowing fell to the lowest levels in a decade. The deficit dropped by 1.6 billion GBP on a year over year basis in April to 7.8 billion GBP. Earlie...
Daily Forex Market Preview, 22/05/2018 In today's The U.S. dollar continued to strengthen on Monday. The gains came as the markets opened to the weekend news reports about the U.S. Treasury Secretary announcing that the U.S. had put on hold its trade war against China. Both administrations are expected to chalk out a mutually beneficial deal wh...
Dow managed to head for rebound correction with gap price today while market still facing resistance at 25000 zone Intraday Levels showing support at 24600-700 zone while resistance at 25000 Above 25000 market may give new signals for more advance toward target 25500-700 zone Below 24600 more drop towaard 24400 and 24200 is expected ...
Gold managed to retreat from 1325-27 resistnce zone where managed to hit target 1302 as we advised last week Market managed to broke below 1302 which activated another drop wave toward target 1260-70 as we avdised befor Market now showing Short-Run resistance at 1302 where as long as market holding below more drop toward 1260-70 zone will ...
Crude Oil managed to test resistance zone 72.00-50 as we advised early last week Market now facing Intraday trading zone between support 70.00 and resistance 72.50 As long as market keep holding trades above 70.00 the Short-Run target will sustain toward 75.00 as we advised last month Below 70.00 more drop toward 68.60-80 may hit the ma...
USDJPY managed last week to hit target 110.40-80 zone Market managed to hit above 110.80 which may activate farther advance to test Short-Run resistance zone at 111.80 - 112.20 zone Market facing support at 110.70 and 110.00 where as long as market holding trades above 110.00 more advance toward 111.80 will be on hand Below 110.00 more ...
British Pound managed early today to break below support 1.3460 which may activate another drop wave toward 1.3300-20 zone Market may hold Intraday trading levels between 1.3300 and 13460 Above 1.3470 market may head for rebound correction toward 1.3570-90 Below 1.3300 more drop toward 1.3220 will be expected &n...
Euro managed to sustain drop wave after breaking below 1.1900 where market managed early this week to hit target 1.1700-20 zone as we advised early at the start of this month Short-Run still showing support at 1.1560 zone while reistance laying at 1.1820 and 1.2000-20 zone As long as market holding daily close below 1.1820-30 the downtrend...
In the newest episode of Surfing the Waves, Richard Tataru is following up on his previously posted views and the way the Market unfolded its swings, specifically addressing the Crucial USD Decision. Richard then steams ahead, continuing the analysis with a fresh update. [shortcode-variables slug="applyrichardsta"]
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