Monthly Archives: April 2017

How will the markets react to NFP after high expectations

MARKETS FORECAST TECHNICAL ANALYSIS yesterday The rally in the markets reversed toward closingDowjones surged initially on strong ADP employment and reached high . But the index then reversed to close down, The hawkish FOMC minutes are seen as a factor weighing on sentiments. But more importantly, House speaker Paul Ryan’s comments on tax reform further reduced market confidence on US…

Read more

What an interesting pattern is created in the Turkish Lira

Turkish lira Price Technical Analysis Forecast update Long time no speak about usdtry – it’s about time to take look on this pair, let’s test and review the Turkish lira momentum From my last post, I wrote couple scenarios The first option – breaking area of 3.82-3.86 will lead the usd try to cope with + 4.10Option Two: Amendment to the…

Read more