Browsing Tag

forex technical analysis

Intraday Analysis 13th June 2018

Daily Forex Market Preview, 13/06/2018 The U.S. dollar was seen strengthening on the day after data showed that consumer prices had increased 0.2% on the month as expected. Core inflation rate increased 0.2%, beating estimates of a 0.1%… Read More

Intraday Analysis 6th June 2018

Daily Forex Market Preview, 06/06/2018 The U.S. dollar was seen trading mixed on Tuesday. The declines came despite a strong non-manufacturing PMI report from ISM. The ECB President, Mario Draghi was scheduled to speak on Tuesday but the… Read More

Intraday Analysis 5th June 2018

Daily Forex Market Preview, 05/06/2018 The U.S. dollar was seen trading broadly weaker across the board on Monday. The decline in the dollar came on rising uncertainty surrounding the U.S. trade policies against its trading partners. On… Read More

Intraday Analysis 1st June 2018

Daily Forex Market Preview, 01/06/2018 The U.S. dollar was seen trading flat on Thursday as investors prepared for Friday’s payrolls report. On the political front, the U.S. steel and aluminum tariffs go into effect from Friday. Canada,… Read More

Intraday Analysis 31st May 2018

Daily Forex Market Preview, 31/05/2018 The U.S. dollar was seen easing back from its strong patch of gains on Wednesday. The softer USD was attributed to the revised GDP estimates for the first quarter. Data showed that the U.S. economy… Read More

Intraday Analysis 29th May 2018

Daily Forex Market Preview, 29/05/2018 The U.S. and the UK markets were closed yesterday on account of their respective bank holidays. However, that didn't stop investors from selling the euro currency. Ongoing developments from Italy on… Read More

Intraday Analysis 28th May 2018

Daily Forex Market Preview, 28/05/2018 The markets were seen trading on the back foot on Friday amid an array of rising global political risks. Investors were seen facing risks from the proposed U.S. and North Korea talks that President… Read More