- Friday, 29 January 2016
- News
M3 Money Supply decreased to 4.7%
- Friday, 29 January 2016
- News
Spanish CPI fell to -1.9%
- Thursday, 28 January 2016
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 29 January
From Eurozone, yesterday, Spanish Unemployment Rate and German Prelim CPI data was published. The unemployment rate in Spain fell more-than-expected last month, official data showed on Thursday. In a report, Ministry of Labour and Immigration said that Spanish unemployment rate fell to an annual rate of 20.90%, from 21.18% in the preceding month. Analysts had expected Spanish unemployment rate to fall to 21.05% last month. Read more...
- Thursday, 28 January 2016
- Daily Technical Analysis
EUR/USD Daily Forecast – 29 January
Euro spent most of the yesterday's session in an uptrend, forming a support slightly below 1.09 handle and even breaking above 1.0950 handle in the course of the session. This is of course a bullish sign, but we can expect a lot of sideways trading as we are approaching to important resistance at 1.10 handle. As for tomorrow, we believe that pair is likely to find some amount of support around 1.0870 level, initial, while we can expect resistance around 1.10 and 1.1050 level so these would be our short-term buying and selling points. Read more...
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