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.
AUGUST 16, 2019 01:06 am
Charlotte McConnellEUR/USD Daily Analysis: August 16, 2019
A bullish morning star pattern was seen after the surge of the EUR/USD pair last week. Yet, the significant support level of 1.1118 is not yet established, which means that the bears can be in control of the movement. This area is important as this held various declines for this aside from a short drop below in latter days of July. ...Read More
AUGUST 15, 2019 02:30 am
Charlotte McConnellEUR/USD Daily Analysis: August 15, 2019
Fed member Bullard’s view of reducing interest rates once again this year remains despite the volatility this week. Investors’ concern rises as the yield curve shows inversion and pressure continues in the equity markets. The markets anticipate the Federal Reserve to take action and ease rates as the inversion outcome hints a possible recession....Read More
AUGUST 14, 2019 12:32 pm
Charlotte McConnellEUR/USD Daily Analysis: August 14, 2019
Given the volatility in the markets, the decline of the common currency markets is nothing compared to the volatility across the markets. Risky assets rose after Trump announced postponing the imposition of 10% tariff on Chinese goods. Nonetheless, the euro major pair keeps in range over a week. The GDP growth dropped by 0.1%...Read More