Analytical Reviews

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.

SEPTEMBER 21, 2018 11:43 am

Charlotte McConnell

EUR/USD Fundamental Analysis: September 21, 2018

The euro against the US dollar broke the resistance level of 1.175 amid the weakened dollar as there is lesser demand during the Thursday session due to positive data from the UK and Brexit-related news. The US Dollar Index dropped to a fresh multi-week low at 93.83 despite the good data from the weekly jobless claims and the Philly Fed Manufacturing data from the U.S. as it cannot be translated into a significant recovery. Meanwhile, the...

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SEPTEMBER 20, 2018 07:13 am

Charlotte McConnell

EUR/USD Fundamental Analysis: September 20, 2018

The euro major pair is directed northward within the range previously, but it is being hindered around the level of 1.17. Currently, the price is at 1.1679 with an increase of 0.05% on the day and it is necessary to surpass the level of 1.1700 to keep the present price action with bulls dominating the trend.Trading during the Asian market shows a neutral stance with both sides trying to take lead. If the market fails to reach the are of 1.17, it will lead to an increase...

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SEPTEMBER 19, 2018 06:54 am

Charlotte McConnell

EUR/USD Technical Analysis: September 19, 2018

The euro rallied at the beginning of the trading session but markets sided to the US dollar as soon China retaliated to tariffs imposition causing them to jump to the Treasury market. The downtrend line was being tested influencing trading more that make add some difficulty overall. Looking at the hourly chart, there is likely to add more pressure in this area which is already expected. There are chances for equity traders to not give attention...

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