Daily Forecast
The Forecast
2023.07.04
The technical pattern on the currency majors is ambiguous. Financial markets participants expect additional drivers. We recommend paying attention to statistics from the Eurozone, Canada and the Unite...
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The Forecast
2023.07.04
Demand for the US dollar has weakened significantly. Major currencies have the potential for further growth. The attention is focused on economic reports from the UK and the United States.
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The Forecast
2023.07.04
There is a variety of trends on currency majors. Investors took a wait-and-see attitude before the publication of the FOMC minutes. Positions should be opened from the key support and resistance level...
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The Forecast
2023.07.04
The risks of a trade war put pressure on the US dollar. The demand for safe assets has grown. We expect economic reports from the USA and Canada. We recommend opening positions from the key levels.
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The Forecast
2023.07.04
The US dollar weakened significantly against other major currencies after the Fed meeting. Today investors' attention is focused on the Bank of England meeting. We recommend opening positions from the...
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The Forecast
2023.07.04
The Fed's decision on the interest rate is in the focus of attention. The technical pattern on the main currency pairs is ambiguous. Positions need to be opened from key levels of support and resistan...
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The Forecast
2023.07.04
The US Non-Farm Payrolls statistics strongly disappointed economists. Only 235,000 jobs were added to the US economy in August (vs. 733,000 expected). This signifies a very sharp slowdown in the labor...
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The Forecast
2023.07.04
The dollar index moved away from local highs before the Fed meeting. At the moment, the main currency pairs are consolidating. We recommend opening positions from the key support and resistance levels...
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The Forecast
2023.07.04
The technical pattern on the main currency pairs is ambiguous. Investors expect additional drivers. This week, leading central banks will decide on key interest rates. We recommend opening positions f...
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The Forecast
2023.07.04
The technical pattern is inconsistent for the major currencies. An optimistic UK economy report was published yesterday.
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