- Monday, 07 December 2015
- Daily Technical Analysis
EUR/USD Daily Forecast – 08 December
Euro was initially pushed lower in the course of the session on Monday, but found area around 1.08 handle to be supportive enough in order to rebound and by the end of the session broke once again above 1.0850 level, thus forming a hammer as a daily candle. This decline does not come as a surprise having in mind recent huge uptrend in euro after which pair has to consolidate a bit. Read more...
- Monday, 07 December 2015
- News
Sentix Investor Confidence increased to +15.7 points
- Monday, 07 December 2015
- News
German Industrial Production increased less than expected
- Friday, 04 December 2015
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 07 December
On Friday, from Eurozone, German Factory Orders data was published.Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing in October 2015 increased a seasonally and working-day adjusted 1.8% on September 2015. Smaller incline by 1.3% was expected. In September 2015, the decrease on the previous month showed a corrected –0.7% (primary –1.7%).In October 2015, domestic orders increased 1.7% and foreign orders 1.8% on the previous month. As regards the direction of trade in foreign transactions, new orders from the euro area were up 2.4% on the previous month, new orders from other countries increased 1.4%. Read more...
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