Forex Analytics

Technical analysis and forex forecast of the euro dollar (EUR / USD) as of today 01/19/2017

In currency trading on Wednesday greenbacks could partially reverse the previous losses against the euro, while the market awaited speech of the Chairman of the American regulator. The European currency showed a temporary increase on the background of the resulting consumer price index for December, as a result in line with expectations. Today to learn the ECB decision on interest rates, which is likely to remain unchanged.
 

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Technical analysis and forex forecast of the euro dollar (EUR / USD) as of today 01/20/2017

On the currency market yesterday, the euro once again in demand as investors sold the dollar. The European regulator has decided to keep interest rates at the same ground level, with regard to interest rates on deposit accounts, they also remained unchanged at -0.40%, confirming forecasts. Today, market attention shifted to the key event of the week - the inauguration of Donald Trump.

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Forex traders events today:

12:30 MSK. USA: The retail volume, taking into account the cost of fuel for December (the previous value of 5.9% y / y; the forecast of 7.2% y / y).

17:00 MSK. USA: President Donald Trump will make a speech.

Forex forecast of EUR / USD EUR / USD today 20/01/2017

Investors in the euro in tandem with the American two reasons to sell EUR / USD:

Wave Analysis and Forecast EUR USD EUR / USD on the week 23.01 - 27.01.2017 : expected decrease in pair EUR / USD. 

Estimated pivot point is at 1.0718. 

Our opinion : Sell EUR / USD pair from correction below 1.0718 with the aim of 1.0500. 

Alternative scenario : A break and consolidation of EUR / USD rate above the level of 1.0718 will allow the pair to continue to grow to the level of 1.0856.

Forex rate forecast gold XAU / USD on the week 23-27.01.2017

The last four weeks of trading precious metal finishes bids growth of quotations, and it is likely overdue technical correction down.

Forex Forecast EUR USD EUR / USD today 23/01/2017

The US stock market reacted positively to the inauguration J. Trump - the major indices closed in the "green zone". 

Technical analysis and forex forecast of the euro dollar (EUR / USD) as of today 01/24/2017

On Monday, news calendar was weak, and the mood in the market to set the pace of the dollar price movement. Growth of euro, mainly determined pessimism of investors after the speech of the new president's inauguration. Today, trading volatility may vary, as it is expected a slight decrease in the index of business activity in Germany's manufacturing sector this month.

European indexes on the stock markets came under pressure as a result of weakening Essentra securities and banking stocks. Meanwhile, the growth showed Generali shares after news of the takeover.
 

Yesterday, oil fell under pressure against the background of the news received about the likely increase in US production. However, sentiment on the oil remains positive, as the representatives of OPEC compliance with the terms of the production reduction agreement.

In the course of trading on Monday precious metal prices peaked in November, while the four weeks in a row to lead the gold background of the weak dollar.Safe assets especially now popular among investors, as fears grow because of the ambiguity policy of the new American president.
 

Forex Events today:

11:30 MSK. Germany: PMI in the manufacturing sector in January (the previous value of 55.6, forecast 55.6).

18.00 MSK. USA: Sales of housing in the secondary market in December (the previous value of 0.7% m / m; the forecast -2.0% m / m).

Forex. Forecast EUR USD EUR / USD today 01/24/2017

Today in the forex euro in tandem with the greenbacks generated positive

Forex Technical Analysis and Forecast of the euro dollar (EUR / USD) as of today 25/01/2017

On Tuesday, the media noted that in Germany, the first EU economy increased pace of business activity in the manufacturing sector, contrary to forecasts. However, the Euro was unable to hold the position and stepped in front of greenbacks. Meanwhile, investors' attention has shifted to January data from the IFO business climate with respect to growth in Germany.

Forex events today:

12.00 MSK. Germany: The indicator of business environment from IFO for January (the previous value of 111; the forecast 111.3).

18.00 MSK. US data on crude oil inventories from the Department of Energy in January (previous value 2,347M; 2,724M forecast).

Forex Forecast EUR USD EUR / USD today 01/25/2017

After three days of growth the pair today may show the correction to 1.0690 / 1.0660. Why is the "bears" will dominate today?

Technical analysis and forex forecast for the euro dollar (EUR / USD) as of today 27/01/2017

The euro exchange rate in tandem with bucks on forex trading on Thursday, despite the strong fundamental data from the Euro zone countries. Gfk Research Institute in Germany reported that the consumer climate index exceeded growth forecasts in December, while in Spain in the 4th quarter decreased unemployment. Investors are waiting for data on US GDP in the 4th quarter with a lower value compared to the previous quarter.

Forex Events today:

02.30 MSK. Japan: Consumer price index for December (the previous value of 0.5% y / y; the forecast of 0.2% y / y).

16.30 MSK. USA: Change in GDP for the 4th quarter (the previous value of 3.5% q / q, the forecast of 2.1% q / q).

Forex Forecast EUR USD EUR / USD today 01/27/2017

Two reasons for traders to sell the EUR / USD: