eurusd

  1. syamfx2020

    DAILY MARKET REPORT - Thursday, Sep 24, 2020

    The US dollar index surged to two months high on Thursday. At the time writing, the index trades steady above 94.40. Moving ahead to the North American session, the investors and traders will closely monitor the latest US home sales and weekly jobless claims data. EQUITIES Global equity...
  2. syamfx2020

    DAILY MARKET REPORT - Wed, Sep 23, 2020

    Reserve Bank of New Zealand maintained its official cash rate at a record low of 0.25%. The RBNZ Monetary Policy Committee said it would keep the OCR at 0.25% for at least a year and planning to introduce a Funding for Lending Programme (FLP) before the end of this calendar year. The Committee...
  3. Zulbahri_GB

    Intraday Forex Wednesday, September 23 (USDJPY, EURUSD, & etc.) The U.S. dollar held onto gains against major currencies on afternoon Asian trading.

    Hi everyone. This observation is made around 4:30 UTC today, with 15 minutes time frames. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed. Asia’s stock markets struggled to emulate Wall Street’s rebound on Wednesday as persistent...
  4. syamfx2020

    European markets under pressure after spike in Covid-19 cases

    European equities and Euro remained under pressure as several European countries reintroducing fresh lockdowns. The EUR/USD slips to a new monthly low of 1.1730 on Monday and German DAX30 witnessed the largest daily loss since June 11th. The new Coronavirus cases across Europe and the UK now...
  5. syamfx2020

    DAILY MARKET REPORT - Monday, Sep 21, 2020

    US markets are set to open lower today. Dow and the S&P 500 futures are down more than 1% at the time of writing, while Nasdaq has declined by 1.5%. EQUITIES UK shares plunged on Monday led by HSBC and Standard Chartered shares after an investigation released over the weekend based on leaked...
  6. Zulbahri_GB

    Intraday Forex Friday, September 18 (USDJPY, EURUSD, & etc.) Central bankers globally pledges to do whatever it takes to support the economic recovery

    Hi everyone. This observation is made around 4:00 UTC today, with 15 minutes time frames. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed. Asian shares looked set to rise on Friday, despite Wall Street declines overnight...
  7. syamfx2020

    DAILY MARKET REPORT - Wednesday, Sep 16, 2020

    The two days FOMC meeting that began Tuesday and concludes with a statement and a press conference due later today. The central bank scheduled to issue its policy statement at 18.00 GMT. The investors will closely watch the press conference of U.S. Federal Reserve chair Jerome Powell for clues...
  8. syamfx2020

    EURUSD surged to 1.19

    EURUSD climbed to 1.19 on Tuesday supported by better-than-expected German economic data. The ZEW economic sentiment rose to 77.4 in Sept vs. 69.8 expected. Technical levels to watch today: 1.1860 & 1.1830 1.1917 & 1.1940
  9. syamfx2020

    DAILY MARKET REPORT - Monday, Sep 14, 2020

    As per the recent update, Oracle would become TikTok's US technology partner and manage US user data. "I think Oracle is a great company, and I think its owner is a tremendous guy," US President Trump said. "He's a tremendous person. I think that Oracle would be certainly somebody that could...
  10. syamfx2020

    DAILY MARKET REPORT - Friday, Sep 11, 2020

    UK Gross domestic product expanded 6.6% in July from June; the data published by the Office for National Statistics showed Friday. While the numbers came in slightly lower than the 6.7% expected by analysts, and significantly lower than the 8.7% growth seen in June. On the other hand, Industrial...
  11. Zulbahri_GB

    Intraday Forex Friday, September 11 (USDJPY, EURUSD, & etc.) Euro hit a one-week high. Pound slipped to a six-week low.

    Hi everyone. This observation is made around 4:00 UTC today, with 15 minutes time frames. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed. Market were expected to tumble on Friday in response to declines in technology stocks that...
  12. syamfx2020

    DAILY MARKET REPORT - Thursday, Sep 10, 2020

    Today’s session in Europe will see most its attention turns toward important ECB Monetary Policy Statement which is set to be released at 11:45 GMT. Along with this release will see the ECB president Christine Lagarde Conference 45-minutes after at 12:30. The ECB kept its main refinancing rate...
  13. GlobalMacroTrader

    The Rise and Fall of the Euro - Fundamental Analysis

    EURUSD Fundamental Overview (1-6 month) Ever since the global lock down and pandemic in March 2020 EURUSD started quite a bull run. We saw the EURUSD prices increase from 1.08 all the way to 1.18, this is about a 9% increase in value in around 5 months which is out of the ordinary for EURUSD...
  14. syamfx2020

    DAILY MARKET REPORT - Wednesday, Sep 09, 2020

    On Tuesday, crude oil prices ended at their lowest since June and Brent closed at $39.78 per barrel, while WTI futures ended at $36.76 per barrel. Oil slipped amid fears that rising COVID-19 cases and fears OPEC will begin picking up production soon after an output cut put in place to support...
  15. syamfx2020

    Key technical levels to watch this week

    Dollar Index Support: 92.55 and 92 Resistance: 93.55 and 94. EURUSD Support: 1.1770 and 1.1700 Resistance: 1.1880 and 1.1940. GBPUSD Support: 1.3100 and 1.3040 Resistance: 1.3260 and 1.3320 GOLD Support: 1920 and 1900 Resistance: 1955 and 1980
  16. syamfx2020

    EURO capped at 1.20: Watch for a breakout

    The Euro started last week with a positive note. On September 1, the EUR/USD reached to 1.2010 -level against the greenback for the first time since May 2018 but later the currency pair retreated from the top and closed below 1.1850 on Friday. The currency pair has come under pressure following...
  17. syamfx2020

    Key technical levels to watch ahead of NFP report

    After heavy Wall Street correction on Thursday, today the Investors and traders will closely monitor the US non-farm payrolls report due later in the session. The market participants are anticipating a gain of 1.4 million jobs in August, the unemployment rate is expected to tick down to 9.8%...
  18. Zulbahri_GB

    Intraday Forex Friday, September 4 (USDJPY, EURUSD, & etc.) Dollar steadied against major currencies on Friday as traders awaited key U.S. jobs data.

    Hi everyone. This observation is made around 4:00 UTC today. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed. Asia’s stock markets slipped on Friday, following the steepest Wall Street selloff since June, with deeper worries that...
  19. syamfx2020

    DAILY MARKET REPORT - Wednesday, Sep 02, 2020

    The Nasdaq Composite rose 1.4% a day after the technology-heavy index closed at a record boosted by technology stocks. Shares of Zoom Video Communications (NASDAQ: ZM) climbed more than 40% on Tuesday after the company reported strong Q2 financial results. Apple stock climbed 3.6% after a report...
  20. syamfx2020

    DAILY MARKET REPORT - Tuesday, Sep 01, 2020

    EUR/USD climbed to more than 2- year high of 1.1995 on Tuesday supported by a weaker dollar. At the time of writing, the currency pair slightly retreated from the daily highs after mixed economic data. The US dollar has been falling following the speech by Chief Jerome Powell at the Jackson Hole...
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