fundamental analysis

  1. syamfx2020

    DAILY MARKET REPORT - Thursday, July 02, 2020 - NFP day

    The U.S. non-farm payrolls report is one of the most important data scheduled for release later today. The consensus is for an increase of 3 million non-farm payroll jobs, and for the unemployment rate to decrease to 12.3%. NFP measures employment levels in the United States that does not...
  2. syamfx2020

    FedEx surprised Wall Street with stronger-than-expected earnings

    The U.S. package delivery giant FedEx (NYSE: FDX) reported better-than-expected fourth-quarter earnings results on Tuesday after the market close. While the company reported a loss of $334 million in its fiscal fourth quarter but its revenue surpassed the expectations as the Covid-19 pandemic...
  3. syamfx2020

    DAILY MARKET REPORT - Wednesday, July 01, 2020

    European stocks and EUR/USD trading lower on Wednesday despite the release of the upbeat economic data. Germany Manufacturing PMI climbed higher to 45.2 in June of 2020 from a preliminary of 44.6 and 36.6 in the previous month and the German jobless rate ticked lower to 6.4% in June. While...
  4. syamfx2020

    DAILY MARKET REPORT - Monday, June 29, 2020

    The British pound trading lower against the Dollar and Euro on Monday as Brexit trade talks resume this week. On Monday, Britain’s chief negotiator Frost will meet in person EU’s deputy chief negotiator Martinez Alberola in Brussels for the first time since March. Meantime, Ireland’s Foreign...
  5. syamfx2020

    DAILY MARKET REPORT - Friday, June 26, 2020

    The commerce department reported on Thursday, the US gross domestic product (GDP) decreased at an annual rate of 5 per cent in the first quarter of 2020. This is the sharpest quarterly decline since an 8.4 per cent fall in the fourth quarter of 2008 during the depths of the financial crisis...
  6. syamfx2020

    DAILY MARKET REPORT - Thursday, June 25, 2020

    The IMF said on Wednesday the global economy will shrink 4.9% this year, compared with its April estimate of 3%. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected to be more gradual than previously forecast...
  7. syamfx2020

    EUR/USD - Daily outlook

    EUR/USD remains under pressure, at the time writing the pair trading around 1.1240 support zone. Moving ahead today the EURO traders will focus on the minutes from June European Central Bank meeting- which will release at 11.30 GMT. Important levels to watch today: Support: 1.1210 and 1.1170...
  8. syamfx2020

    DAILY MARKET REPORT - Wed, June 24, 2020

    US plan to impose new tariffs on $3.1 billion of exports from the EU and UK. United States Trade Representative revealed on Wednesday the Trump administration may impose new tariffs on goods coming from the European Union and the United Kingdom. The new tariffs include on European exports like...
  9. syamfx2020

    DAILY MARKET REPORT - Tuesday, June 23, 2020

    Eurozone, Germany, Australia, and UK manufacturing and service PMI reported a noticeable rebound in recent months. UK manufacturing PMI - Actual: 50.1 Forecast: 45 Previous: 40.7 UK services PMI – Actual: 47 Forecast: 40 Previous: 29 Eurozone Manufacturing PMI - Actual: 46.9 Forecast: 44.5...
  10. syamfx2020

    Australian Dollar rebounded from the daily low

    At the time writing AUD/USD trading above 0.69, the pair dropped to 0.6860 during the Asian session after US trade adviser Peter Navarro said that the trade deal with China has been terminated. The currency pair recovered later after the comments from US President Donald Trump tweeted “The China...
  11. syamfx2020

    DAILY MARKET REPORT - Monday, June 22, 2020

    Global markets started the week on a bearish note, amid fears over a resurgence of coronavirus cases. The World Health Organization reported a record increase in global coronavirus cases on Sunday, with more than 183 thousand cases in a 24-hour period. Brazil led with nearly 55,000 new cases...
  12. syamfx2020

    DAILY MARKET REPORT - Friday, June 19, 2020

    Moving ahead today the investors look forward to the updates from European leaders meeting and Quadruple witching - when large derivatives positions rollover as futures and options expire in what is called ‘quadruple witching’, which happens once a quarter. The European Union 27 leaders meeting...
  13. syamfx2020

    DAILY MARKET REPORT - Thursday, June 18, 2020

    The British pound down on Thursday ahead of Bank of England monetary policy decision later today. The market participants expect the central bank will announce an increase in its asset purchase program by at least GBP 100 billion. EQUITIES Asian markets slipped on Thursday, Japan’s Nikkei 225...
  14. syamfx2020

    GBP unchanged ahead of BOE Super Thursday

    GBP/USD trading unchanged ahead of BOE's super Thursday. The market participants expect the central bank may announce more stimulus measures after the inflation rate fell in May, the weakest since 2016. Levels to watch today: Support: 1.2500 and 1.2450 Resistance: 1.2610 and 1.2690
  15. syamfx2020

    AUD and NZD slightly under performed

    AUD and NZD have underperformed during the Asian session after disappointing Australian Employment numbers(Australia's jobless rate hits 7.1% - the highest level in nearly 20 years) and New Zealand's GDP fell 1.6% in the last quarter, the largest drop in 29 years. At the time of writing, AUD/USD...
  16. syamfx2020

    Oil prices slide as OPEC meeting concluded with mixed outcomes

    During the weekend, the 179th meeting of the OPEC was held via e-conferencing on Saturday, 6th of June, 2020, under the leadership of its president, Mohamed Arkab, Minister of Energy in Algeria. The OPEC led by Saudi Arabia and other key oil producers has agreed to extend the 9.7 mbpd deal to...
  17. syamfx2020


    The Alibaba stock slid as much as 4% in Hong Kong on Monday after the e-commerce giant has forecasted slow growth for this year. The company projected sales of about 650 billion yuan ($91 billion) and fourth-quarter profit fell 88% from the same period a year ago. The (NYSE: BABA) stock price...
  18. Sive Morten

    Gold GOLD PRO WEEKLY, May 11 - 15, 2020

    Fundamentals At the eve of last week, market sentiment suggested US Dollar retracement as it was seemed overvalued due fundamental background and outstanding liquidity injections from the Fed. The whole week gold was keeping bullish context, preparing to upside continuation and accurately...
  19. Sive Morten

    Forex FOREX PRO WEEKLY, May 11 - 15, 2020

    Fundamentals No doubts the central moment of this week was NFP report on Friday and ADP report on Wed. Market reaction was moderate as everybody mostly was prepared to negative numbers, but these numbers are yet to be analyzed with scrutiny. Still, there are some other events that are important...
  20. luckyanand12

    Daily technical & fundamental analysis for multi-forex pairs

    I used to post my analysis in which I have moved here. You can go to that thread for older posts.