Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.
Disclaimer: Company does not offer investment advice and the analysis performed does not guarantee results.
JULY 17, 2019 12:29 pm
Charlotte McConnellEUR/USD Daily Analysis: July 17, 2019
Markets are still not sure on how the Fed will be on the next meeting scheduled at the end of the month. Rhetorics from Fed member, Evans has triggered a deep decline last week by half a percent at the end of the year. Investors are following the data releases closely, concerned by the possibility of the ECB to follow the Fed in monetary easing. ...Read More
JULY 16, 2019 11:47 am
Charlotte McConnellEUR/USD Daily Analysis: July 16, 2019
Looking back at what happened last week, the dollar had gone weaker after Fed chair became more dovish than anticipated. However, with the presence of resistance on the upside and range support, the EUR/USD pair could stay range-bound. Nonetheless, the market will monitor the upcoming data to assess the probability of Fed easing at the...Read More
JULY 15, 2019 12:42 pm
Charlotte McConnellEUR/USD Daily Analysis: July 15, 2019
It seems that the markets believe a rate reduction by 25 bp from the Fed on July 31. The figure shows the likelihood of 30% and a bearish tone could raise the rate and could induce a surge for the euro major pair. On the daily chart, the EUR/USD pair is directed higher. However,...Read More