- Thursday, 28 January 2016
- News
Spanish Unemployment Rate decreased more than expected
- Wednesday, 27 January 2016
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 28 January
From Eurozone, yesterday, German Consumer Climate data was released. Consumer mood has changed only slightly in January of this year, while the consumer climate has remained stable. Following a value of 9.4 points in January, the overall indicator is still forecasting 9.4 points for February. Analysts were forecasting decline to 9.3. While both economic expectations and willingness to buy have risen by a small amount, income expectations have suffered losses. Read more...
- Wednesday, 27 January 2016
- Daily Technical Analysis
EUR/USD Daily Forecast – 28 January
Euro went back and forth in the course of the yesterday's session. Pair formed a support around 1.0850 level, but did not manage to break decisively above 1.09 handle, even after FOMC statement. As for tomorrow, we believe that pair is likely to find some amount of support around 1.0850 level, initially, and 1.08 handle in extension, while we can expect resistance around 1.0940 and 1.0980 level so these would be our short-term buying and selling points.
Read more...- Wednesday, 27 January 2016
- News
German Consumer Climate unchanged in January
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