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...
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 ...
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"]
Daily Forex Market Preview, 21/05/2018 The U.S. dollar continued to maintain gains on the day on Friday and marks a strong close to the week. The gains come amid higher bond yields and mounting expectations of a rate hike from the Fed in the coming months in the Intraday Analysis 21st May 2018. On the economic front, data on Friday saw the r...
Daily Forex Market Preview, 18/05/2018 The U.S. dollar was seen maintaining steady ground on Thursday. Economic data for the day saw the release of the weekly unemployment claims which rose higher than expected to 222k. The Philly Fed manufacturing index post strong gains, rising to 34.4 beating estimates of 21.1. The euro currency continued...
The charts are showing, from a technical analysis standpoint with patterns at decisive levels, that the Dollar Index (DXY) could be heading towards significant levels. USD has been enjoying an impressive bullish rally for an entire month, a swing which was mentioned and explained in the “Is The USD Getting Stronger?” article. Is it time for ...
Intraday Analysis 17th May 2018 - Daily Forex Market Preview The U.S. dollar continued to remain strong across its peers on Wednesday. Economic data showed that the consumer prices in the Eurozone came out as expected. Headline inflation was seen rising 1.2% while core inflation rate was registered at 0.7%, marking a slower increase in core CPI...
Daily Forex Market Preview, 16/05/2018 The markets were trading mixed amid a day that saw weaker economic reports from the Eurozone and a slightly upbeat jobs report from the UK. The U.S. dollar gained strength late in the day as the currency surged on rising yields. The UK’s monthly jobs report showed that real wages were finally starting...
Intraday Analysis 15th May 2018 - Daily Forex Market Preview The markets were seen trading mixed with the U.S. dollar showing signs of easing back on Monday. Economic data was sparse with only the speech by Cleveland Fed President Loretta Mester. Speaking at a conference in Paris, Mester said that the Federal Reserve will most likely maintai...
Gold managed to head for rebound correction as we advised last week where market managed to hit target 1325-27 zone Market still facing downtrend pressure as long as the daily close sustain below 1333 as we advised before Intraday Levels showing support at 1317 and 1302 Support Resistance ...
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