technical analysis 20 september

Daily Forex Market Preview, 20/09/2018 The U.S. dollar pulled back on Wednesday amid a slight improvement in the emerging markets. Economic data was mostly quiet from the U.S. Consumer prices in the UK advanced 2.7% on the year ending August 2018. This beat the median forecasts of a 2.4% increase. Core CPI also advanced 2.1% beating estimate...

2018-09-20 John Benjamin Read more
forex technical analysis

Daily Forex Market Preview, 19/09/2018 The U.S. dollar was seen trading down on Tuesday. Fresh news about the U.S. slapping China with higher tariffs was met by China responding in the same. The markets were however to the reports. Economic data on the day was sparse. [shortcode-variables slug="act_tradeideas"] In New Zealand, the curr...

2018-09-19 John Benjamin Read more

British pound managed to hold advance wave after broke above 1.3090 where market cloing from target 1.3200 As we see over the chart, Pound seems building a Rising Wedge formation which may push market for a drop correction toward 1.2900-20 zone and that will stand as long as market holding trades below resistance 1.3200-15 Below 1.3100 the...

2018-09-18 رامي أبو دراع Read more
tech analysis

Daily Forex Market Preview, 18/09/2018 The U.S. Dollar eased back on Monday. The declines came after a renewed threat of trade tariffs. The U.S. administration announced that it would impose new tariffs of 10% on over $200 billion in goods imported from China. A further increase to 25% is expected from January. President Trump warned that re...

2018-09-18 John Benjamin Read more
forex institutional

EURUSD Non-Commercials increased their net long positions in the Euro last week buying a further 3k contracts to take the total position to 11k contracts. EUR upside positioning has grown steadily over the last two weeks as the market aligns itself with the ECB which it announced it will reduce monthly asset purchases by 15 billion EUR ...

2018-09-17 James Harte Read more
fx majors eurusd

Here is our weekly video analysis for the FX Majors. Starting with the USD Index, we will be breaking down time-frames while highlighting what you should be looking out for this week! [shortcode-variables slug="act_tradeideas"]

2018-09-17 Ian Coleman Read more
technical analysis

Daily Forex Market Preview, 17/09/2018 The U.S. dollar managed to post gains on Friday reversing the losses from earlier in the week. On the economic front, the U.S. retail sales advanced 0.1% on a month over month basis. This missed estimates of a 0.4% increase. Core retail sales also slowed, rising just 0.3% on the month. Core retail sales al...

2018-09-17 John Benjamin Read more
technical analysis

Daily Forex Market Preview, 14/09/2018 The Bank of England and the ECB’s monetary policy meetings were held yesterday. Both the central banks left interest rates unchanged as widely expected. The BoE was seen preparing the markets for a no-deal Brexit. The Governor, Mark Carney will be extending his term as the central bank’s governor until 202...

2018-09-14 John Benjamin Read more
technical analysis 13th September

Daily Forex Market Preview, 13/09/2018 The U.S. dollar eased back strongly on Wednesday. The United States was seen making attempts to hold trade talks with China. On the economic front, data from the Labor Department showed that producer prices fell 0.1% in August unexpectedly. This was the first monthly decline since February 2017. Economists...

2018-09-13 John Benjamin Read more
technical analysis

Daily Forex Market Preview, 12/09/2018 The British pound managed to post some modest gains on Tuesday after data showed that average earnings increased 2.9% on the year excluding bonuses in July. The data beat estimates and the unemployment rate held steady at 4.0%. The pound sterling was giving up the gains from Monday following Barnier’s c...

2018-09-12 John Benjamin Read more