Trusted Forex Brokers Rating & Reviews - page 2

 

Daily Technical & Fundamental Analysis

Daily Analysis | EURUSD | 30 of November

There are two VERY imporant, key meetings this month. FED and ECB. ECB meeting is scheduled for this Thursday and we need to be very careful. There is a possibility for a rate cut by 10/20 bp although the expectations are that there will be no cut, but we need to be prepared for everything.... (Read more)

 

Daily Technical & Fundamental Analysis

Daily Analysis from EW-Forecast | USDCHF | 30 of November

USDCHF has been moving sideways since end of March with five swings between two trendlines that reminds us on a triangle formation. That's an A-B-C-D-E pattern that occurs in the direction of a trend, so it's a continuation formation that suggests more upside for USDCHF.... (Read more)

 

Daily Technical & Fundamental Analysis

Fundamental Analysis | EURUSD / GBPUSD | 1 of December

Despite the differences on forecasts and actual data, we predicted the beginning of a correction run. The first nuance was the release of retail sales index in Germany, which showed 0.4% against expectations of growth by 0.3%. The number of Mortgage Approvals in the UK has reached the level of 69.63 ths vs. 70 ths, but it is still higher than the previous month of 69.01 ths.... (Read more)

 

Daily Technical & Fundamental Analysis

Fundamental Analysis | EURUSD / GBPUSD | 2 of December

In anticipation of the Fed meeting, at which there will be announced a decision on interest rates, the market began to feel "turbulence". ISM Manufacturing PMI in the US fell from 50.1 to 48.6 in November. This value released even worse than the Chinese PMI (49.6).... (Read more)

 

Daily Technical & Fundamental Analysis

Daily Analysis | USDJPY| 2 of December

USDJPY is consolidating in a bullish pennant as investors are eagerly awaiting tomorrow's ECB decision and NFP report on Friday. The pair is congested within the bullish pennant and logically it should break to the upside which will confirm the validity of the pattern.... (Read more)

 

Daily Technical & Fundamental Analysis

Daily Analysis from EW-Forecast | EURUSD / AUDUSD | 2 of December

On EURUSD we see prices in downtrend, but bears seems to be loosing strength, so sooner or later pair could bottom. The reason is also an ending diagonal that can make a bottom for the pair around 1.0530 level.... (Read more)

 

Latest Forex News

MACRO EVENTS & NEWS from HotForex | 2 of December

The USD traded mostly softer in Monday trade losing some ground following the November ISM missed expectations, while the U.S. stock market rallied in response to the weakness in the ISM index.... (Read more)

 

Latest Forex News

The ECB's Dilemma

Experts predict that rates of inflation increase are too slow, in order to keep Draghi from continuation the usage of quantitative easing. This week all the market participants expect the ECB President's speech, which is going to increase incentives to enhance the natural growth and economic recovery.... (Read more)

 

Latest Forex News

Rockefeller Treasury Services, Inc. Analytics | 2 of December

Today we get the ADP forecast of the private sector component of nonfarm payrolls on Friday. This often causes the major forecasters to adjust their own forecasts. Some analysts point out that Dec usually gets a seasonal effect.... (Read more)

 

Daily Technical & Fundamental Analysis

Fundamental Analysis | EURUSD / GBPUSD | 3 of December

Yesterday's domination of the dollar, which was reinforced by weak data on the euro area, did not leave any chance to counter-dollar currencies. In Britain, the PMI index for the construction sector in November fell from 58.8 to 55.3.... (Read more)