Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.
Disclaimer: Company does not offer investment advice and the analysis performed does not guarantee results.
MAY 24, 2019 11:24 am
Charlotte McConnellEUR/USD Daily Analysis: May 24, 2019
The euro meets pressure again during the Thursday session with the looming from the markets again. Presently, we cannot be certain on what pushed this trend to occur but we can just base it on the common reasons. One of which is a trade war between the US and China. Directly stating the situation, it seems there is more from what is happening. Hence, the present market reflects the standing of the US dollar. If we look at the price, significant support is found at 1.11, which will likely be...Read More
MAY 23, 2019 11:32 am
Charlotte McConnellEUR/USD Daily Analysis: May 23, 2019
The euro major pair declined on Thursday morning from 1.1155, aiming for a breakdown at the support level of 1.1149. Today, there will be the EU Parliamentary Elections which may greatly affect the pair and further be pressured. On the other hand, the Brexit is presumed to take place prior to the elections....Read More
MAY 22, 2019 12:49 pm
Charlotte McConnellEUR/USD Daily Analysis: May 22, 2019
In the beginning, the euro major pair shows a high chance of recovery. Although the pair attempted for a breakout, it failed to surpass the resistance level of 1.1164. Moving forward, the pair stayed close to the level of 1.1155, showing an opposite downward curve. On the eve, the pair rose by 0.13%...Read More