Forexmart's analytical reviews provide up-to-date technical information about the financial market. These reports range from stock trends, to financial forecasts, to global economy reports, and political news that impact the market.
Disclaimer: Company does not offer investment advice and the analysis performed does not guarantee results.
APRIL 18, 2019 08:57 am
Charlotte McConnellEUR/USD Technical Analysis: April 18, 2019
The euro major pair declined yesterday from the high of 1.1325 and then consolidated close to the level of 1.1300. There were signs of a decline during the early Asian hours. It needs to descend to the strong support level in order to confirm the bearish tone. Still, this pair tries to keep the level at a sustainable level of 1.1300. ...Read More
APRIL 17, 2019 12:37 pm
Charlotte McConnellEUR/USD Fundamental Analysis: April 17, 2019
Trading of EUR/USD pair began with some new bids after a strong economic report from China, which surprised the market along with other positive reports that exceeded expectations, particularly the March retail sales of China as well as the Industrial Production and Gross Domestic Product. Consequently, the pair grew by 29 pips which ranges from the support line of 1.1280 to 1.1309. The pair was able to break the steadfast resistance level of 1.1307 and then...Read More
APRIL 16, 2019 12:52 pm
Charlotte McConnellEUR/USD Fundamental Analysis: April 16, 2019
Previously, the German spread slid by 232 bp and gave a strong momentum to the euro major pair. After it grew from its lowest point at 1.1294, the pair was trading close to 1.1307 during the Asian hours. The pair stayed close to the secured level ranging at 1.1302/12. In the international news,...Read More