forex technical analysis 17th

Daily Forex Market Preview, 17/08/2018 Australia's wage report showed that the unemployment rate fell 5.3% in July. The decline came on a slight decrease in the participation rate. Data showed that the economy lost a net 3.9k jobs. This missed expectations of a 15k increase. In the UK, retail sales jumped 0.7% on the month in July beating es...

2018-08-17 John Benjamin Read more
technical analysis 16th august

Daily Forex Market Preview, 16/08/2018 The U.S. dollar was seen trading a bit subdued on Wednesday. However, price action was seen staying firm for the most part. Economic data over the day saw the Australia wage price index. For the second quarter, wages grew at a pace of 0.6% matching estimates. In the UK, inflation was seen rising for the...

2018-08-16 John Benjamin Read more

As we advised early this week and as we see over our previous chart Euro managed to sustain drop where managed today to get close from support 1.1300 As long as market holding trades above 1.1290 another rebound correction may hit market toward 1.1420-30 and 1.1480 where from there another drop wave may control the market as we see Belo...

2018-08-15 رامي أبو دراع Read more

Daily Forex Market Preview, 15/08/2018 The U.S. dollar maintained its dominance on Tuesday. Economic data showed China's industrial production rising 6.0% on the year. The data missed estimates of a 6.3% increase. Retail sales in China also came out lower than expected at 8.8%. The data underlined the fact that the trade wars were starting to h...

2018-08-15 John Benjamin Read more

Daily Forex Market Preview, 14/08/2018 The U.S. dollar index was seen trading flat on Monday with the technical pattern confirming a doji close. A bearish follow through from here on could signal a near-term correction. Economic data for the day was sparse. Still, the Turkish lira continued to plunge dragging down the euro currency rather brief...

2018-08-14 John Benjamin Read more

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 12k contracts to take the total position to 11k contracts. The record long position that built up in EUR over the first few months of the year, on expectations of faster ECB monetary tightening, has now been reduced by around 90% as the market has reacted ...

2018-08-13 James Harte Read more

Euro managed to broke below Short-Run support 1.1500-20 as we advised last week where market managed to re-test resistance 1.1620-30 before market head from there to breake below 1.1500 Intraday Levels showing market inside oversold zone which still trying to provide rebound correction over Euro before downtrend resume toward 1.1300 zone whic...

2018-08-13 رامي أبو دراع Read more
forex technical analysis 13th august

Daily Forex Market Preview, 13/08/2018 The U.S. dollar gained on Friday as the geopolitical tensions saw the Turkish lira plummeting. The euro was also not spared as initially news reports citing the ECB showed that the central bank was concerned about exposure to Turkey. The U.S. dollar index surged to new highs by Friday's close. [shortcod...

2018-08-13 John Benjamin Read more
technical analysis 10th august

Daily Forex Market Preview - 10/08/2018 The markets were trading mixed with the U.S. Dollar managing to hold firm by market close. The markets were influenced by headline reports about China imposing a new round of tariffs of $16 billion. [shortcode-variables slug="learn-forex-basics"] Reports about the ongoing tussle between the U.S. and...

2018-08-10 John Benjamin Read more
daily technical analysis

Daily Forex Market Preview - 09/08/2018 The U.S. Dollar was on the back foot on Wednesday. China is set to hit the U.S with fresh trade tariffs of the amount of $60 billion. The market reaction was however largely muted. [shortcode-variables slug="learn-forex-basics"] The British Pound was hit by a bout of negative sentiment. The currency...

2018-08-09 John Benjamin Read more