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Daily Fundamental Analysis

GBP/USD Daily Forecast - 19 April

The pair plummeted during Wednesday's session and tested the 200 SMA at H1 chart, where a dynamic support is being found. This is according to instaforex.com

EUR/USD Daily Forecast - 18 April

The EUR/USD pair initially tried to rally during the session on Tuesday but found the 1.24 level to be a bit too resistive to continue going higher. Because of this, we pulled back towards the 1.2350 level, an area that…

AUD/USD Daily Forecast - 17 April

According to fxempire.com, the Australian dollar has been very choppy during trading on Monday initially, but it does look like we are going to continue to try to go higher. The 0.78 level above will be the initial target, but…

GBP/USD Daily Forecast - 16 April

According to dailyfx.com, The pair has been in a bullish up-trend for over a year now, and prices moved up to a fresh post-Brexit high in January; eventually catching resistance around the 76.4 and 78.6% Fibonacci retracements of the ‘Brexit…

EUR/USD Daily Forecast - 13 April

Intraday bias in EUR/USD remains neutral as this point, as it drew support from 1.2302 and recovered. On the upside, above 1.2396 will extend the rise from 1.2214 to 1.2475 and then 1.2555. 1.2516/55 is the key resistance zone to…

AUD/USD Daily Forecast - 12 April

AUD/USD has been struggling below 0.7750 price area after an impulsive bearish pressure bouncing off the 0.81 area earlier. After the recent worse economic reports of USD got published, AUD gained good momentum which is turning quite unsustainable currently. Recently…

GBP/USD Daily Forecast - 11 April

The British pound has rallied a bit during the trading session on Tuesday, reaching towards the 1.4175 level. The market looks likely to continue to be very noisy, but keep in mind that this market is likely to continue to…

EUR/USD Daily Forecast - 10 April

According to investing.com, this currency pair is located in a narrow range of oscillations before noon. This morning he disappointed the trade balance of Germany. Namely, the surplus was much lower than expected. Today there are no major economic announcements…

EUR/USD Daily Forecast - 27 March

There were no data releases from Eurozone yesterday. The Bundesbank President repeated that the ECB’s policy normalization should start soon, adding again that expectations for a rate hike around the middle of next year are “not unrealistic”. No real surprise…

GBP/USD Daily Forecast - 27 March

There were no data releases from the UK yesterday. David Davis’s Brexit department suffered a blow as the lead civil servant tasked with finding a solution for the Irish border quit after less than a year. Simon Case is leaving…

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