New Zealand Dollar Technical Analysis Forecast Friday’s nonfarm payrolls will yield the usual influence on forex markets as investors look to this key data for an indication of the future path of monetary policy in the US. Figures for March were a big disappointment – 98,000 was well below the recent average. However, so far that has not dissuaded the…
will the markets continue to go up or we have an opportunity Global financial markets rose yesterday by centrist Emmanuel Macron’s win in the first round of French presidential election.CAC 40 closed at 9 years high at 5268.85, DAX rose 3.37% to close at a record high.US indices followed with NASDAQ closing at a record high at 5983.82, up 1.24%.…
Will the euro going to meet 1.10 price area Monday kicks off with the result of the French presidential first round; Macron was seen winning the first round of the French election, ahead of Marine Le Pen who is widely seen as being the Euro-negative candidate.The latest exit poll has Macron with 23%, while Le Pen won 22% of the…
What is the next step for GBP/USD price? K PM Theresa May is out on the wires now, via Reuters, issuing a scheduled statement at the press conference in Downing Street. Key Headlines: Election to be held 8th June, Britain is leaving EU and there can be no turning back, other parties oppose the government’s Brexit approach The announcement was…
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…
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…
pound sterling analysis after Brexit Brexit – countdown to the UK’s historic EU breakaway will begin on Wednesday March 29, 2017, Theresa May informed the European council that she will trigger article 50 on Wednesday 29 March. Reasons Brexıt was listed on the board of GBPUSD It is impossible for Britain to leave the EU until Article 50 is triggered…
Did Markets crash begin? As I said and argued last year, look at the years 1998-1999 we are very similar! Markets crash If the situation is such, and if not technically then the situation is this:We currently have a break of 20800 and a technical correction exit Looking at the index, the picture now shows that as long…
EUR/USD Price Technical Analysis Forecast EUR/USD approaches 1.085 area, Breakdown 1.050 will target 1.0460 key support zone, and break of 1.0461 will confirm the bearish case will continue EUR/USD Technical Analysis EUR/USD also produces a bowl patternWhen the resistance level is located in the 1.082 area, a break of this level will send it to deal with my 1.10 +…