- Tuesday, 05 January 2016
- Daily Technical Analysis
GBP/USD Daily Forecast – 06 January
Sterling was pushed lower in the course of the Tuesday's session going all the way to 1.4630 level, where it found some amount of support, and added few points, however, pair is definitely in a downtrend and we have no interest in buying this pair at the moment. We believe that it will test 1.45 handle, where we can expect some amount of support, since this is important level based on a long-term charts. Read more...
- Tuesday, 05 January 2016
- News
UK Construction PMI rose more than expected
- Monday, 04 January 2016
- Daily Fundamental Analysis
GBP/USD Daily Forecast – 05 January
Yesterday's session brought UK Manufacturing PMI data. The end of 2015 saw the rate of growth in the UK manufacturing sector slow further from the recent peak reached in October. At 51.9 in December, the seasonally adjusted Markit/CIPS Purchasing Manager’s Index slipped back towards its long-run survey average of 51.5. Analysts were expecting slight incline to 52.8. Over the final quarter as a whole, the average readings for the headline PMI, Output Index, New Orders Index, New Export Orders Index and Employment Index were all above their respective averages. However, averages over 2015 were in each case below those achieved in 2014.
Read more...- Monday, 04 January 2016
- Daily Technical Analysis
GBP/USD Daily Forecast – 05 January
Sterling initially rebounded in the course of the Monday's session and even broke above 1.48 handle in the European part of the session, after which a serious pullback occurred with pair going all the way to 1.4660 area. By the end of the session pair slightly rebounded and manage to break above 1.47 handle, but this is of course sign of a serious downtrend and therefore we have no interest in buying this pair at the moment. 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.