0.0 00 EUR/USD (1.2863) After the FOMC announcement, the euro once again broke sharply lower. We see short term support no lining up in a congestion area that runs from 1.2860 to 1.2870. A daily close …
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0.0 00 USD/CAD (1.0951) The dollar suffered a false breakout higher after we formed a Harami candlestick. Please see the below daily chart. This was a key reversal and we moved lower. We are currently back …
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0.0 00 AUD/JPY (97.241) The Macro news events: Market analysts often point to this pair in relation to the short to mid-term US equities. Investors are encouraged to follow the reports from the US CPI due …
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0.0 00 S&P 500 (1,998.98) The market shot up sharply from the support near 1,985.50, briefly rising back above the key technical barrier of 2,000 before closing at 1,998.98 overnight. A break above 2,000, with a …
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0.0 00 (AUD/USD) 0.90359 Resistance Levels: 0.905, 0.908 Support Levels: 0.877, 0.895 We are noting a continuing negative trend on the strength of the Australian dollar. This trend reflects the monetary policy of their central bank and is …
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0.0 00 S&P 500 (1,985.54) The market looks like it has lost a considerable amount of momentum. It appears we have formed a top and could be in for a correction lower. We are currently testing …
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0.0 00 GBP/USD (1.62585) The Sterling is looking to complete a base and inch higher. We note the appearance of a morning star on our daily chart, seen below, which is a reversal pattern. It was …
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0.0 00 EUR/USD (1.29115) The euro could be looking for a bottom and a recovery against the dollar. We have noted a piercing line formation on our daily chart, please see below. We have resistance at …
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0.0 00 USD/JPY (106.618) The dollar continues to climb against the yen. At this point, now that we are firmly above ¥106, and with no signs of bearish reversal patterns we should continue to inch higher. …
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0.0 00 S&P 500 (1,988.44) The S&P 500 saw its biggest drop in over five weeks. The market fell below the key technical level of 2,000 and closed firmly lower. Sellers are now eying the support …
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Forex Marketz Daily Forex News – Fully Markets Update