Tag: Analysis

Outlook for the Week of December 2 – 6

Key Points to Watch Out For: Will the NFP data confirm bets on a Fed pause?  Loonie traders await employment numbers.  Australia’s GDP could test the credibility...

Daily Technical Analysis EUR/USD: EUR/USD Plunges Below 1.0550 Amid Lagarde’s Statement and U.S. PMI Data

EUR/USD is under selling pressure around 1.0530 during early trading hours, driven by a strengthening U.S. dollar. Investors are keenly anticipating European Central Bank...

Outlook for the Week of November 25 – 29

Key Points to Watch Out For: The RBNZ is expected to cut rates by 50 basis points at its final policy meeting of the year. PCE...

Daily Technical Analysis EUR/USD: EUR/USD Looks for Resistance Around 1.0500 After Bouncing Off Two-Year Lows

The EUR/USD is recovering after hitting a two-year low of 1.0332 on Friday and is currently trading near 1.0480 at the time of writing....

Daily Technical Analysis EUR/USD: The Pair Is Expected to Break Above the 1.06 Level

During Tuesday's trading, the EUR/USD pair fluctuated between 1.0550 and 1.0600, initially attempting to move lower but recovering slightly to close down about 0.14%...

Outlook for the Week of November 18 – 22

Key Points To Watch Out For: The dollar awaits more PMI signs to potentially delay Fed tapering. Eurozone PMI indices will also be in focus amid...

Daily Technical Analysis : EUR/USD Hovers Near 1.0550, Close to Annual Lows Amid Fed Caution

The EUR/USD traded around 1.0550 during the Asian session on Monday, remaining near its yearly low of 1.0496, recorded on November 14. Downside risks...

Daily Technical Analysis EUR/USD: Rises Above 1.06 but Remains Near Yearly Lows

The EUR/USD pair resumed its downward trajectory on Tuesday, shedding another third of a percentage point. It briefly tested levels slightly below 1.0600 during...

Outlook for the Week of November 11–15

Key Points To Watch Out For: Markets begin to stabilize after Trump's return to the White House. U.S. CPI data is central to Fed rate cut...

Daily Technical Analysis: EUR/USD Stays Tepid Near 1.0700 Amid Rising Dollar and Political Uncertainty

The EUR/USD pair remains under significant pressure, primarily driven by the strengthening U.S. dollar and escalating political uncertainty in Germany. The prospect of Donald...

Daily Technical Analysis EUR/USD: Rallies on Greenback Weakness on U.S. Election Day

The EUR/USD pair capitalized on a broad-based decline in the U.S. dollar as markets prepared for the initial results of the U.S. presidential election...

Outlook for the Week of November 4–8

Key Points to Watch: U.S. Elections on Tuesday: Trump and Harris in a Tight Race Federal Reserve's Decision on Interest Rates Monetary Policy Announcements from the Reserve...

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