Daily Fundamental Analysis
- Thursday, 31 May 2018
- Daily Fundamental Analysis
EUR/USD Daily Forecast - 31 May
EURUSD (1.1657): The EURUSD currency pair managed to close on a bullish note for the first time in three consecutive days. The rebound in prices came following slightly weaker fundamentals for the USD and an extremely oversold market in the…
- Wednesday, 30 May 2018
- Daily Fundamental Analysis
GBP/USD Daily Forecast - 30 May
GBP/USD remains weak after breaking to the downside range defined by the support at 1.3503 (2008 low and 200d MA). Further weakness towards the support at 1.3223 is favored. Key support and resistance are given at 1.3068 (13/11/2017 low) and…
- Tuesday, 29 May 2018
- Daily Fundamental Analysis
AUD/USD Daily Forecast - 29 May
AUD/USD has recently only been able to make marginal new highs, suggesting a potential weakening momentum. Hourly support and resistance remain at 0.7412 (09/05/2018 low) and 0.7813 (19/04/2018 high). The technical structure suggests short-term increase.
- Monday, 28 May 2018
- Daily Fundamental Analysis
EUR/USD Daily Forecast - 28 May
EURUSD (1.1718): The EURUSD currency pair extended strong losses on Friday as price action broke past the 1.1672 handle. However, with price closing around 1.1649, a rebound off this level is expected. In the near term, we expect the EURUSD…
- Friday, 25 May 2018
- Daily Fundamental Analysis
GBP/USD Daily Forecast - 25 May
GBP/USD is trying to bounce near the 1.03324 strong support. Hourly support and resistance are given at 1.3324 (19/12/2017 low) and 1.3458 (11/01/2017 low. The technical structure suggests further downside.
- Thursday, 24 May 2018
- Daily Fundamental Analysis
AUD/USD Daily Forecast - 24 May
AUD/USD is trying to bounce after the break of the supports at 0.7652 and 0.7502. Hourly support and resistance remain at 0.7412 (09/05/2018 low) and 0.7813 (19/04/2018 high). The technical structure suggests short-term increase.
- Wednesday, 23 May 2018
- Daily Fundamental Analysis
EUR/USD Daily Forecast - 23 May
The EUR/USD bullish rally has disappeared and price is now retesting the 1.1750 support zone again, which is a critical and key decision zone for a downtrend continuation or larger bullish reversal.
- Tuesday, 22 May 2018
- Daily Fundamental Analysis
BTC/USD Daily Forecast - 22 May
Cryptocurrency Bitcoin (BTC / USD) is trading at 8232.99. Quotes of the cryptocurrency are traded below the moving average with a period of 55, indicating a bearish trend for Bitcoin.
- Monday, 21 May 2018
- Daily Fundamental Analysis
GBP/USD Daily Forecast - 21 May
The Sterling continues to weaken against the US Dollar for the second consecutive session. As a result, the pair breached an important support level, which is also the 2018 low, at 1.3462.
- Friday, 18 May 2018
- Daily Fundamental Analysis
AUD/USD Daily Forecast - 18 May
AUD/USD bounce continues, trading above 0.75 and heading along the 0.7530 range. Hourly support and resistance remain at 0.7412 (09/05/2018 low) and 0.7813 (19/04/2018 high). The technical structure suggests short-term increase.- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…
Tags
aud/usd2605
boe106
brexit96
china122
cpi147
daily fundamental2278
daily technical2199
ecb113
eur/usd1497
eurozone88
EurUsd1227
forex8896
gbp/usd1447
GbpUsd1111
gdp95
industrial production106
inflation73
interest rates219
ppi93
rba91
resistance71
retail sales125
support71
trade balance108
uk188
unemployment claims160
unemployment rate122
usd1004
weekly fundamental565
weekly technical419