Trusted Forex Brokers Rating & Reviews - page 11

 

Daily Technical & Fundamental Analysis

Fundamental Analysis | EURUSD / GBPUSD | 6 of January

One of our yesterday's assumption is justified. Despite the positive data from euro zone, traders continued to buy the dollar. It should be added that the market last year was lower than this. Employment rates in the euro area were able to release better than expected. In Spain, the number of unemployed decreased by 55.8 ths against the expected 52.6 ths.... (Read more)

 

Daily Technical & Fundamental Analysis

Fundamental Analysis | AUDJPY | 6 of January

As I have stated many times in the articles and analysis the AUDJPY is heavily correlated with Chinese data. Bad Chinese data and equities drop. AJ drops too. It is called a positive correlation.... (Read more)

 

Daily Technical & Fundamental Analysis

Daily Analysis from EW-Forecast | GOLD / USDCAD | 6 of January

Gold is trading higher, now finally took out the high of a former wave iii which has been expected. We see price now in a black wave v that can still touch 1088 from start of December before price turns down for a new correction. We think that this new corrective set-back will occur by the end of the week.... (Read more)

 

Latest Forex News

Rockefeller Treasury Services, Inc. Analytics | 6 of January

In normal times, one of the key data points is the PMI, used in recent years as a proxy for the robustness of growth. This is an improvement over earlier years when indirect data was the obsession, especially money supply and inflation (and before that, trade). From those you have to deduce business confidence and growth, whereas PMI’s are more direct.... (Read more)

 

Latest Forex News

New shocks in the oil market

The tense political situation between Saudi Arabia and Iran, the two OPEC members, creates a strong pressure on the oil market. Another time such news would cause a rise in oil prices, but as it turns out it is not so simple. A little chaos in the market illustrates how the oil market can be unpredictable.... (Read more)

 

Daily Technical & Fundamental Analysis

Daily Analysis | USDJPY | 7 of January

The USDJPY has weakened making a bearish zig-zag and the weakness followed the World Bank report which cut Japan 2016 forecast growth. Against JPY, USD is losing the battle which I see as a risk off sentiment.... (Read more)

 

Daily Technical & Fundamental Analysis

Daily Analysis from EW-Forecast | EURAUD / USDCAD | 7 of January

AUD and GBP are very weak today while EUR is doing quite well against the USD which makes some strong move up on EURAUD and even other EUR crosses. EURAUD is trading nicely to the upside in impulsive fashion.... (Read more)

 

Daily Technical & Fundamental Analysis

Fundamental Analysis | EURUSD / GBPUSD | 8 of January

Yesterday there was published a block of macroeconomic data from Europe, which turned out to be quite positive. However, investors took them insufficiently optimistic. Retail sales in Germany showed an increase by 0.2% m/m against the expected growth by 0.5% m/m. German industrial orders in November rose by 1.5% m/m against the background of projected growth by 0.1% m/m.... (Read more)

 

Latest Forex News

Rockefeller Treasury Services, Inc. Analytics | 7 of January

As we wrote yesterday, market turmoil can trump boring old economics any time. The additional drop in the yuan today and the accompanying stock market drop and trading halt are becoming a crisis. The fast-and-easy interpretation is that the Chinese economy is slowing so much that assets are overpriced.... (Read more)

 

Latest Forex News

Wall Street hopes for good data on the non-farms

Investors who have suffered from the destruction of the stock market this week, hope that Friday's employment data will come out better than expected and will be able to slow down the collapse. The number of people employed in non-farm payrolls in December could reach 202 ths against 211 last month.... (Read more)