- Thursday, 07 January 2016
- Daily Technical Analysis
EUR/USD Daily Forecast – 08 January
Euro was pushed higher in the course of the yesterday's session, breaking decisively above 1.08 handle and heading towards 1.09 handle by the end of the session. By doing this euro completely rebounded from downtrend it went through initially this week. As for tomorrow, main market mover will US NFP figures. Weaker than expected data would push pair above 1.0930 level, which is next resistance with pair probably heading towards 1.10 handle.
Read more...- Thursday, 07 January 2016
- News
Eurozone Unemployment rate at lowest rate since October 2011
- Thursday, 07 January 2016
- News
German Factory Orders rose more than expected
- Wednesday, 06 January 2016
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 07 January
Yesterday, Spanish and Italian Services PMI data was published. The Spanish service sector carried on the trend of sharp growth of activity seen throughout 2015 in December, despite the rate of expansion easing from November. Moreover, business sentiment picked up to an eight-month high. Slower, but still solid increases were seen with regards to new business and employment. Meanwhile, the rate of cost inflation remained relatively muted and companies lowered their output prices. The headline seasonally adjusted Business Activity Index dipped to 55.1 in December from 56.7 in November, but still signalled a marked monthly rise in activity at services companies. Analysts were predicting incline to 56.9.
Read more...- 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.