- Monday, 15 December 2014
- Daily Technical Analysis
EUR/USD Daily Forecast - 16 December
Euro finished session on Monday around 1.2440 area. It was initially pushed down, but managed to rebound with USD coming under pressure on global concerns, pulling back once again by the end of the day. As for tomorrow we can expect much more volatility with Eurozone PMI and Manufacturing PMI figures being released.
- Monday, 15 December 2014
- Daily Technical Analysis
GBP/USD Daily Forecast - 16 December
Sterling spent most of the session on Monday in decline, with a daily closing just few points above 1.5630 level. Decline is mostly due to traders being cautious ahead of UK CPI and job figures as well as FOMC Meeting. Focus of the session tomorrow will be on UK CPI data.
- Monday, 15 December 2014
- Daily Technical Analysis
AUD/USD Daily Forecast - 16 December
Aussie broke all the way to 0.82 handle in the course of the session yesterday, after morning Australian data, but found this area to offer some amount of support at the moment in order to bounce out and finish the session few points above 0.8210. Tomorrow, main market movers will be RBA Meeting Minutes but perhaps more importantly China Manufacturing PMI data.
- Friday, 12 December 2014
- Daily Technical Analysis
EUR/USD Daily Forecast - 15 December
Euro was pushed higher in the course of the session on Friday finishing it above 1.2460 level. Good Industrial Production figures but more importantly weak US PPI data pushed euro higher ahead of the week where we can expect much more volatility. However, Monday should be less volatile as there will be no major data releases from Eurozone.
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