wrapper

AUD/USD Daily Forecast - 18 December

Though there were no major data releases from Australia, yesterday, Aussie initially fell going all the way to 0.8140 and then slightly rebounded after FOMC statement and following Press Conference, but only to go back once again to finish the day few points above 0.8110 level. There will be no major data releases tomorrow, but at the moment we do not see Aussie anywhere above 0.82 handle, around where we would sell the pair at the sight of resistive candles.

Read more...

EUR/USD Daily Forecast - 17 December

Euro finished session on Tuesday few points above 1.25 handle. It was supported by better than forecasted Economic Sentiment figures. As for tomorrow, we can expect a bit steadier European part of the session since there will no major data release. Main market mover will FOMC interest rate decision and the following Statement.

Read more...

GBP/USD Daily Forecast - 17 December

Despite weaker than expected UK CPI data, after initial fall Sterling managed to rebound and even finish the session above 1.5740 level. This indicates that we are far from deciding trend for this pair and for that reason would not place any larger bids at the moment. Break below 1.55 handle would be bearish as well as raise above 1.60 would indicate further uptrend but we believe that pair would for now remain within its consolidation range. Read more...

AUD/USD Daily Forecast - 17 December

Aussie found area around 0.82 handle to be supportive during the session on Tuesday and aimed higher but by the end of the day give up of all of the gains finishing the session just few points above 0.8210 level. There will be no data releases from Australia tomorrow so focus will be on Fed interest rate decision.

Read more...

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.

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.