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.
JANUARI 18, 2019 11:30 am
Charlotte McConnellEUR/USD Fundamental Analysis: January 18, 2019
The euro major pair consolidated during yesterday’s trading session. The global market has toned down because of a risk-off in investor sentiment. Despite lack in solid momentum for a breakthrough, both bulls and bear fight over power across the day that led to range-bound trading close to weekly lows. An after effect abrupt decline at the beginning of the week on dovish comments from the ECB president Mario Draghi due to the sluggish euro economic growth,...Read More
JANUARI 16, 2019 12:47 pm
Charlotte McConnellEUR/USD Fundamental Analysis: January 16, 2019
There has been a lot of noise during the Tuesday trading session and broke down the level of 1.14, where there are also buyers found in this area. We have been forming a slight rounding at the bottom in the past months. Although, it seems that there is a strong bullish pressure below. On the other hand, there is a selling pressure on the 200-EMA that is near the area of 1.550. ...Read More
JANUARI 15, 2019 10:49 am
Charlotte McConnellEUR/USD Fundamental Analysis: January 15, 2019
The euro was able to close yesterday with optimism despite risk-off trading that is predominant in the market after a disappointing release from Chinese import and export data. Today, we can expect the pair trading range-bound with a bit of a positive bias but not a major increase as traders are still careful with the upcoming Brexit approval vote in the UK House of Commons. The output is anticipated to have a strong impact on short-term...Read More