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Technical Analysis

GBPUSD analysis 20 April 2017

4/20/2017 9:09:45 AM

GBPUSD analysis 20 April 2017   The pair could not keep rising during yesterday after the announcement of May about the elections so it supports the negotiations with the euro zone about the Brexit. Also the rise of the dollar made the pair decline Today Mark Carne will give a speech in the US Technically If the pair stays down of 1.2775 it may keep falling to 1.2675 and then 1.2603 If it breaks 1.2775 it may rise to 1.2900 and then 1.2980

EURUSD analysis 20 April 2017

4/20/2017 9:08:21 AM

EURUSD analysis 20 April 2017   EURUSD is declining again after two sessions of a rise after the release of the inflation data in the euro zone which recorded 1.5% while the previous reading was 2.0%. the main index recorded 0.7% when the previous was 0.9% The decline comes also due to the fears of the French elections Lapen's chances to win is not so high so the pair rose before the fall. Technically Stabling down of 1.0730 may push the pair to 1.0675 and if it breaks it it ...

GBPUSD analysis 19 April 2017

4/19/2017 8:44:28 AM

GBPUSD analysis 19 April 2017   The pound made yesterday his best performance in 3 months and recorded its highest level in 6 months and half after the support gained of May's announcement about making the elections in next July. This election may give support to May during the Brexit Technically Staying above 1.2775 may push the pair to 1.2915 and then 1.3050 In contrast falling down of 1.2775 may decline to 1.2675 and then to 1.2606 and 1.2600   

EURUSD analysis 19 April 2017

4/19/2017 8:38:55 AM

EURUSD analysis 19 April 2017   The pair made a rise during yesterday and recorded its highest level in two weeks after the best performance in more than a month in spite of the fears of the French elections but the weakness of the dollar made the pair rise. Also, the Euro gained support after the announcement of making the elections in the UK next month. The market is not expecting that the central bank will keep working on the easing program Today is the announcement of the final ...

GBPUSD ANLYSIS 18 April 2017

4/18/2017 10:45:39 AM

GBPUSD ANLYSIS 18 April 2017   For the 2nd session in a row the pair is rising and it recorded its highest level in 3 weeks at 1.2595 in spite of the Brexit fears and the fears of the decline especially after the decline in the growth of British Economy sectors. Also the USD decline made the pair rise again next to expectations of rising the interest rate. It was expected to see a decline due to the holiday but it did not happen, today there are no important data Technically Stabling ...

EURUSD ANALYSIS 18 April 2017

4/18/2017 10:43:26 AM

EURUSD ANALYSIS 18 April 2017   The pair started the week rising in spite of the holiday in more than one European country but most important is the future of the US currency and the fear of Trump's policy and his talks about weakening the dollar in order to increase exports. Also Lapen is losing the support that she gained in France and if she does not win there will be no referendum, the French elections will take control of the market next week. Today there are no important ...

GBPUSD analysis 17-21 April 2017

4/17/2017 10:32:37 AM

GBPUSD analysis 17-21 April 2017   The pair managed to rise during last week trading due to a high moral in the market that the UK economy will overcome all obstacles in spite of the decline of the manufacturing and the building sectors but the volatility in the labor market and the low unemployment rate and the weakness of the dollar made the pair rise during last week. Most important data for this week Thursday mark carne will give two speeches in the US  Friday retail sales ...

EURUSD analysis 17-21/4/2017

4/17/2017 10:31:09 AM

EURUSD analysis 17-21/4/2017   After two weeks of a decline the pair managed to hold due to the decline of the dollar but the concerns from the French elections and the possibility of Lapin victory, that could mean a start of the end of the euro zone made a pressure on the euro.  Also the geopolitical fear and the starting of the real Brexit are making pressure on the euro Most important data for this week Wednesday is the announcement of the consumer price index and it is ...

Gold analysis 17-21/4/2017

4/17/2017 10:29:50 AM

Gold analysis 17-21/4/2017   For the 5th session in a row gold kept rising taking advantage of the fact that traders are turning to safe heaven due to geopolitical pressure in Korea and the winds of war with the US From the other hand Trumps announcements last week about the dollar that he prefers a decline in order to increase the export made the gold rise. Most important data for this week Tuesday buildings permissions is expected to record 1.25 M while the previous was 1.29 ...

EUR/USD analysis 13/4/2017

4/13/2017 8:50:44 AM

EUR/USD analysis 13/4/2017   The pair kept rising for the 3rd session in a row and recorded its best performance in three weeks after the announcements of trump that he will not reduce taxes till deciding on the health low and till getting of Obama care. From the other hand the euro got strength from the expectations that the central European bank will end the encouraging policy this year in spite of the fear from the France election. Technically Stabling above 1.0655 may push ...