- Wednesday, 20 January 2016
- Daily Technical Analysis
EUR/USD Daily Forecast – 21 January
After it was initially pushed higher, euro once again found area around 1.0980 level to be to resistive at the moment and pulled back in the rest of the session, thus forming a shooting star as a daily candle. However, this is more a sign of traders being nervous ahead of tomorrow's ECB Meeting and even more following press conference. Dovish stanzas would push euro all the way to 1.08 handle, as a initial support, while more hawkish tone would probably cause break above major resistance at 1.10 handle and way up to 1.1050 area.
Read more...- Tuesday, 19 January 2016
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 20 January
From Eurozone, on Tuesday, ZEW Economic Sentiment figures were released. The ZEW Indicator of Economic Sentiment for Germany has declined in January 2016. The index has decreased by 5.9 points compared to the previous month, now standing at 10.2 points (long-term average: 24.7 points). Analysts were expecting even larger decline. The indicator has declined for the first time following two consecutive increases. Read more...
- Tuesday, 19 January 2016
- Daily Technical Analysis
EUR/USD Daily Forecast – 20 January
Euro was initially pushed lower in the course of the session on Tuesday, but found area around 1.0860 level to be supportive enough in order to rebound by the end of the session all the way to 1.0930 area. As for tomorrow, with no major data releases from Eurozone, we would be focused on US figures. Pair is likely to find support around 1.0850 level and resistance above 1.0980 area so these would be our short-term buying and selling points. Read more...
- Tuesday, 19 January 2016
- News
Economic Sentiment down both for Germany and Eurozone
- 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
About Us
Forex Web News is part of Rolling Capital Network providing financial consulting.
Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.
Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.
.
All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.
We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.
Menu
Disclaimer
Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.