- Thursday, 03 March 2016
- Daily Technical Analysis
EUR/USD Daily Forecast – 04 March
Euro spent most of the Thursday's session in an uptrend, finding area around 1.0850 handle to be supportive enough and with pair breaking above 1.0950 area, thus going towards next major resistance at 1.10 handle. As for Friday, focus will be on US NFP figures. Pair is likely to find some amount of support around 1.09 and 1.0850 level in extension, yesterday's low, while area around 1.1050 level, in a case of a break above 1.10 handle, which was previously supportive should offer some amount of resistance.
Read more...- Thursday, 03 March 2016
- News
Spanish Services PMI fell, but remains solid
- Wednesday, 02 March 2016
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 03 March
Yesterday's session brought Spanish Unemployment Change data from Eurozone. The number of unemployed in Spain registered at the offices of the Public Employment Services rose by 2,231 people in February over the previous month. Analysts predicted increase by 200. In 2015 it fell by 13,538 in 2014 and 1,949 people. The total number of registered unemployed stood at 4,152,986. In seasonally adjusted terms, unemployment fell in February at 21,959 people. In the last 12 months unemployment has fallen by 359,167 people. This is the largest reduction of the entire series in February. Registered unemployment rate is reducted on yearly basis by around 8% (7.95%). Read more...
- Wednesday, 02 March 2016
- Daily Technical Analysis
EUR/USD Daily Forecast – 03 March
Euro was initially pushed lowerin the course of the session on Wednesday, but found area around 1.0820 handle to be supportive enough, in order for pair to rebound by the end of the session. As for Thursday, pair is likely to find some amount of support around 1.0830 and 1.08 level in extension, as this is the bottom of recent consolidation range, while area around 1.09 level which was previously supportive should offer some amount of resistance, at least initially, and then 1.0950 level in extension in a case of a larger uptrend.
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.