EUR/USD broke resistance level Spanish Unemployment Rate U.S. CB Consumer Confidence Price Movement Since yesterday, EUR/USD has been moving upwards slowly. Trend EUR/USD is trending downwards. Macro Background The unemployment rate measures the percentage of total work force that is unemployed and actively seeking employment. The Spanish...
GBP/USD tested and rejected key level GBP/USD testing support level U.S. CB Consumer Confidence Price Movement Since yesterday, GBP/USD has been moving downwards for around 60pips. Trend GBP/USD is on an uptrend. Macro Background The Conference Board (CB) Consumer Confidence, which measures the level of a composite index based on surveyed...
U.S. CB Consumer Confidence Price Movement Since yesterday, USD/JPY has been moving within a 40pips range. Trend Overall, USD/JPY is trending upwards. Macro Background The Conference Board (CB) Consumer Confidence, which measures the level of a composite index based on surveyed households, is expected to be lower than previous month. If the data...
AUD/USD rejected key level AUD/USD heading towards support U.S. CB Consumer Confidence Price Movement Since yesterday, AUD/USD’s bullishness came to an end as the bears took over, resulting in a 50pips drop. Trend AUD/USD is moving across in a wide range. Macro Background The Conference Board (CB) Consumer Confidence, which measures the level of a...
USD/CAD bouncing-off support Trump temporarily reopens government Price Movement Since last Friday, USD/CAD moved downwards by more than 100pips. Trend USD/CAD is currently moving on a downtrend. Macro Background No major economic data release. Important Issue U.S. president Donald Trump reopens government temporarily for 3 weeks (through 15th...
EUR/USD testing support level ECB President Draghi Speaks Trump temporarily reopens government Price Movement Since last Friday, EUR/USD has been on a bullish rally, moving up for around 90pips. Trend Overall, EUR/USD has been moving on a downtrend. Macro Background No major economic data release. Important Issue ECB President Mario Draghi will...
GBP/USD testing 1.32 level BOE Governor Carney Speaks Trump temporarily reopens government Price Movement Since last Friday, GBP/USD moved down by around 40pips before moving up for more than 100pips. Trend GBP/USD is trending upwards. Macro Background No major economic data release. Important Issue As BOE Governor Mark Carney is attending a Q&A...
USD/JPY rejected resistance level for the third time in 2 weeks Trump temporarily reopens government Price Movement Since last Friday, USD/JPY moved up by around 20pips before coming back down by around 50pips. Trend USD/JPY is on an uptrend. Macro Background No major economic data release. Important Issue U.S. president Donald Trump reopens...
AUD/USD broke key levels Australian Day Trump temporarily reopens government Price Movement Since last Friday, AUD/USD has been very bullish and had moved for more than 100pips. Trend AUD/USD is currently on an uptrend. Macro Background No major economic data release. Important Issue Since Australian banks will be closed in observance of...
FED in no position to assess rate hike USD/CAD rejected resistance level World Economic Forum Annual Meetings Day 3 Price Movement Since yesterday, USD/CAD has been moving downwards. Trend Overall trend for USD/CAD is downtrend. Macro Background No major economic data release. Important Issue Due to ongoing Government Shutdown, the Federal...
ECB to maintain rate through summer 2019 EUR/USD broke support level World Economic Forum Annual Meetings Day 3 Price Movement Since yesterday, EUR/USD moved down for around 90 pips before recovering for around 30pips. Trend EUR/USD is on a downtrend. Macro Background Last night, ECB left interest rate unchanged at 0.00%. ECB President Mario Draghi...
GBP/USD rally breaks key level PM May receives support from DUP World Economic Forum Annual Meetings Day 3 Price Movement Since yesterday, GBP/USD moved downwards before a strong rally, moving up by more than 100pips. Trend GBP/USD is trending upwards. Macro Background No major economic data release. Important Issue GBP/USD responded bullishly...
Tokyo Core CPI y/y USD/JPY testing resistance World Economic Forum Annual Meetings Day 3 Price Movement Since yesterday, USD/JPY has been moving up for around 25pips. Trend USD/JPY is trending upwards. Macro Background Core CPI measures the change in the price of goods and services purchased by consumers (excluding fresh food). Although Tokyo Core...
AUD/USD broke support and key levels World Economic Forum Annual Meetings Day 3 Price Movement Since yesterday, AUD/USD has been bearish and had moved downwards for around 70pips. Trend AUD/USD is currently trending downwards. Macro Background No major news. Important Issue Day 3 of the World Economic Forum annual meeting. Comments made by highly...
USD/CAD broke resistance U.S. Flash Manufacturing and Services PMI World Economic Forum Annual Meetings Day 2 Price Movement Since yesterday, USD/CAD has been moving upwards. Trend USD/CAD’s overall trend is downwards. Macro Background The Manufacturing PMI measures the level of a diffusion index based on surveyed purchasing managers in the...
Euro Main Refinancing Rate and ECB Press Conference French/German/Euro Services and Manufacturing PMI World Economic Forum Annual Meetings Day 2 Price Movement Since yesterday, EUR/USD moved up by around 40pips and is gradually coming down. Trend EUR/USD is currently on a downtrend. Macro Background It is unlikely that the ECB will raise interest...
GBP/USD broke key level U.S. Flash Manufacturing and Services PMI World Economic Forum Annual Meetings Day 2 Price Movement Since yesterday, GBP/USD has been bullish and had moved around 50pips. Trend GBP/USD is trending upwards. Macro Background The Manufacturing PMI measures the level of a diffusion index based on surveyed purchasing managers in...
USD/JPY rejected resistance level Japan’s Flash Manufacturing PMI World Economic Forum Annual Meetings Day 2 Price Movement Overall since yesterday, USD/JPY has been moving downwards. Trend USD/JPY is trending upwards. Macro Background The Manufacturing PMI measures the level of a diffusion index based on surveyed purchasing managers in the...