something interesting

<  BACK TO Market Analysis

Forex Week Ahead

FOREX_Market-comment-and-analysis_week-ahead-dollar-slows-down_FXPIG

The US dollar had massive weekly gains against all majors. The release of the gross domestic product for the first quarter of 2018 beat expectations but did little for a dollar that had rallied all week. Dovish central bank rhetoric from the European Central Bank (ECB) and the Bank of Japan (BOJ) have increased the anticipation for the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday, May 2 at 2:00 pm EDT. There is little chance that the Fed will hike rates in May, but the strong data has put three more rate hikes firmly on the table. Employment data will play a big part in that decision and with the release of the U.S. non farm payrolls (NFP) on Friday, May 4 at 8:30 am EDT all eyes will be on average hourly earning for any insight into inflationary pressures.

  • Reserve Bank of Australia (RBA) to keep rates unchanged on Tuesday
  • U.S. non farm payrolls (NFP) rebound expected with all eyes on inflation data
  • Strong US GDP in Q1 probably not enough for US hike in May

Inflation to be Key in U.S. non farm payrolls (NFP) Report

The EUR/USD lost 1.28 percent during the week. The single currency is trading at 1.2129 after the growth of the US economy beat the forecast. Gross domestic product in the United States came in at 2.3 percent when the market expected 2.0 percent. The hawkish tone of the Fed’s latest comments and strong indicators are boosting the US across the board. In contrast European data has been disappointing and has put the European Central Bank (ECB) in a tough spot, as its QE program is nearing its end in September.

The week of April 24 to 27 had few economic calendar releases. The European Central Bank (ECB) and the Bank of Japan (BOJ) were the highlights, but as expected held their respective quantitive easing programs unchanged. The US dollar is ahead versus major pairs after Fed members have been talking up the probabilities of three more interest rate hikes this year. The U.S. Federal Reserve already hiked once in March and with steady growth of the economy it aims to increase the interest rate divergence with the major central banks.

The European Central Bank (ECB) opted to leave its benchmark rate intact and made no announcements regarding the end of the quantitative easing program. ECB President Mario Draghi was neither hawkish nor dovish, which resulted in little support for the euro. The eyes of the market will now be fixed in the June and July meetings for some insights into the plans of the central bank.

US companies reported earnings this week with the good results driving stock prices higher in particular the tech sector. US yields continue to flirt with the 3.0 percent line, but this time it is under as the 10 year note fell to 2.990 percent. US unemployment claims fell to 209,000 fell to its lowest level in 48 years with next week’s U.S. non farm payrolls (NFP) to show if there is any impact of strong US employment on wage growth.

RBA expected to hold rates unchanged at 1.5 percent. The RBA could be on the sidelines for the rest of 2018. Central bank has a balanced outlook. Global trade uncertainty to be a factor coupled with a Chinese economic slowdown.

US jobs reports to have strong headline numbers, but the devil is in the inflation details. Employment has been a strong pillar of the US recovery, but wages have lagged behind. The more dovish members of the Fed make a point to cite the lack of inflationary pressure when they point to their more hawkish colleagues. Higher wages would validate the Fed’s plans for 3 or 4 rate hikes this year.

The Fed will meet next week with no changes expected to be announced on Wednesday. The Fed has hinted through rhetoric that if growth keeps up 3 more rate lifts would be needed. The market had already priced in 3 this year, so the fourth bump in borrowing costs has given the US dollar a boost in April.

Pound Looking Ahead at PMIs after Disappointing Q1 GDP

The GBP/USD lost 1.59 percent in the past five days. The currency pair is trading at 1.3780 after the disappointing GDP reading for the first quarter is putting serious doubts on a May rate hike by the Bank of England (BoE).

The British economy had a slow start to 2018. Purchasing manager indices (PMIs) for manufacturing, construction and services have disappointed this year. With Bank of England (BoE) Governor Mark Carney surprising investors last week with comments suggesting the central bank could not hike rates in May, economic indicators, specially leading ones such as PMIs gain more relevance in trying to forecast the moves of the central bank. Carney has pointed out that mixed data could push out a rate rise until later this year.

Source: marketpulse.com

The US dollar had massive weekly gains against all majors. The release of the gross domestic product for the first quarter of 2018 beat expectations but did little for a dollar that had rallied all week. Dovish central bank rhetoric from the European Central Bank (ECB) and the Bank of Japan (BOJ) have increased the anticipation for the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday, May 2 at 2:00 pm EDT. There is little chance that the Fed will hike rates in May, but the strong data has put three more rate hikes firmly on the table. Employment data will play a big part in that decision and with the release of the U.S. non farm payrolls (NFP) on Friday, May 4 at 8:30 am EDT all eyes will be on average hourly earning for any insight into inflationary pressures.

  • Reserve Bank of Australia (RBA) to keep rates unchanged on Tuesday
  • U.S. non farm payrolls (NFP) rebound expected with all eyes on inflation data
  • Strong US GDP in Q1 probably not enough for US hike in May

Inflation to be Key in U.S. non farm payrolls (NFP) Report

The EUR/USD lost 1.28 percent during the week. The single currency is trading at 1.2129 after the growth of the US economy beat the forecast. Gross domestic product in the United States came in at 2.3 percent when the market expected 2.0 percent. The hawkish tone of the Fed’s latest comments and strong indicators are boosting the US across the board. In contrast European data has been disappointing and has put the European Central Bank (ECB) in a tough spot, as its QE program is nearing its end in September.

The week of April 24 to 27 had few economic calendar releases. The European Central Bank (ECB) and the Bank of Japan (BOJ) were the highlights, but as expected held their respective quantitive easing programs unchanged. The US dollar is ahead versus major pairs after Fed members have been talking up the probabilities of three more interest rate hikes this year. The U.S. Federal Reserve already hiked once in March and with steady growth of the economy it aims to increase the interest rate divergence with the major central banks.

The European Central Bank (ECB) opted to leave its benchmark rate intact and made no announcements regarding the end of the quantitative easing program. ECB President Mario Draghi was neither hawkish nor dovish, which resulted in little support for the euro. The eyes of the market will now be fixed in the June and July meetings for some insights into the plans of the central bank.

US companies reported earnings this week with the good results driving stock prices higher in particular the tech sector. US yields continue to flirt with the 3.0 percent line, but this time it is under as the 10 year note fell to 2.990 percent. US unemployment claims fell to 209,000 fell to its lowest level in 48 years with next week’s U.S. non farm payrolls (NFP) to show if there is any impact of strong US employment on wage growth.

RBA expected to hold rates unchanged at 1.5 percent. The RBA could be on the sidelines for the rest of 2018. Central bank has a balanced outlook. Global trade uncertainty to be a factor coupled with a Chinese economic slowdown.

US jobs reports to have strong headline numbers, but the devil is in the inflation details. Employment has been a strong pillar of the US recovery, but wages have lagged behind. The more dovish members of the Fed make a point to cite the lack of inflationary pressure when they point to their more hawkish colleagues. Higher wages would validate the Fed’s plans for 3 or 4 rate hikes this year.

The Fed will meet next week with no changes expected to be announced on Wednesday. The Fed has hinted through rhetoric that if growth keeps up 3 more rate lifts would be needed. The market had already priced in 3 this year, so the fourth bump in borrowing costs has given the US dollar a boost in April.

Pound Looking Ahead at PMIs after Disappointing Q1 GDP

The GBP/USD lost 1.59 percent in the past five days. The currency pair is trading at 1.3780 after the disappointing GDP reading for the first quarter is putting serious doubts on a May rate hike by the Bank of England (BoE).

The British economy had a slow start to 2018. Purchasing manager indices (PMIs) for manufacturing, construction and services have disappointed this year. With Bank of England (BoE) Governor Mark Carney surprising investors last week with comments suggesting the central bank could not hike rates in May, economic indicators, specially leading ones such as PMIs gain more relevance in trying to forecast the moves of the central bank. Carney has pointed out that mixed data could push out a rate rise until later this year.

Source: marketpulse.com

lastest Articles

PAMM News
Managed Forex Accounts Weekly Results (18-22.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
FOREX Week Ahead: Dollar Mixed as EU Trade Spat Escalates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (22.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Euro rises on growth data, Italian assurances to stay the course
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY struggles to clear 200-DMA hurdle
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOREX Tech Targets 22.06.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD above 0.7455 should indicate a low is in place – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote:Trading Discipline
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
US Dollar extends the drop to 94.50 ahead of data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD loss of downside momentum – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (21.6.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Auto makers, Italian stocks drag European shares lower
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AMC’s new subscription service is a formidable competitor for MoviePass, analysts say
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY falls to retest 200-DMA support near 110.25 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Sterling falls to seven-month low before Bank of England meeting
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: get your facts-Buffett
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
FOREX Tech Targets 21.06.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Kiwi weakest in Asia, Swiss National Bank, Bank of England rate decisions eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (20.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Mr. Markets
The Return of “Influence”
https://secure.gravatar.com/avatar/8b0332acc130dc650331fd558f82add2
Market Analysis
AUD trading like an Emerging Market currency - AmpGFX
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Sterling pinned at seven-month lows before parliament Brexit vote
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Quote: playing the market-Livermore
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Dollar catches breath after scaling 11-month peak as trade concerns brew
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Aussie rebounds amid risk-recovery, ECB Sintra Forum - Key
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (19.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
AUD/USD Technical Outlook: Charts Highlight Nearby Price Support
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
NZD/USD struggles to recover above 0.69 after dismal GDT auction outcome
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD consolidates daily losses below 1.32
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
KKR explores sale of $3.5 billion European telecom United Group
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Draghi’s speech at ECB Forum in Sintra
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (18.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold attempts rebound after marking 2018’s lowest settlement
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: Because trading seems difficult today
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
US Dollar gathers pace, flirting with 95.00
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD in a bearish mood as last week's selloff sees the pair struggling to recover to 1.33
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Weekly Update (11.06-15.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Forex Week Ahead: Dollar Higher After Fed Hike and Dovish ECB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (15.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
GBP/USD remains near 1.3300, consolidates weekly losses
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD struggles to recover its losses, stays near mid-0.74s
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD off lows, still in red near 1-month lows
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: You will always remember the trades
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
USD/JPY fails ahead of 111.00 mark, drops back closer to session lows
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD drifting below 1.3250 ahead of a thin Friday session
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (14.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold climbs toward highest finish in a month after ECB, Fed policy decisions
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD retreats from tops near 1.3450
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: Focus instead on those-eckhart
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Euro climbs, dollar slips with ECB decision on deck
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Asian markets swing lower after Fed rate hike
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (13.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Fed will raise interest rates - here’s what it will do to keep market calm
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
DAX moves higher ahead of Fed rate announcement
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Pound at Risk on UK CPI, US Dollar to Rise on Hawkish Fed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Prices May Finally Break Trend Support on Hawkish Fed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (12.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Mr. Markets
Where do we go from here?
https://secure.gravatar.com/avatar/8b0332acc130dc650331fd558f82add2
Market Analysis
FTSE 100 pulls back, with investors underwhelmed by Trump-Kim pledge
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold prices drop in wake of Trump-Kim pact as attention fixes on interest rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Blow to Theresa May as U.K. minister resigns ahead of crucial Brexit vote
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
European stocks step lower as Trump-Kim pledge ‘lacks some detail’
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: Novice traders trade 5 to 10 times too big-kovner
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
AUD/USD Outlook Mired by Failed Attempt to Break Trendline Resistance
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (11.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
PAMM News
Managed Forex Accounts Weekly Update (04.06-08.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold holds to tight range ahead of North Korea summit, expected Fed rate action
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Trump Continues to Lash Out at Allies
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD a test of 1.35/1.36 remains on the cards – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/GBP faces upside prospects this week – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY makes a run for 110.00 as risk appetite swings back into the Monday markets
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Market Events Ahead
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead: Dollar Struggles as Geopolitics and Central Banks Take Center Stage
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (08.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Pound rebound to be kept in check by Brexit talks: Reuters poll
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD room for a move above 1.3100 – Scotiabank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
China: May trade surplus of just less than $25 bln - BBH
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD stays above 1.3000 ahead of Canadian jobs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote:Never depend on single Income. Make investment to create a second source
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
EUR/JPY gains to 131.34/48 are not ruled out – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/GBP faces further upside very near term – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (07.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Sterling at two-week highs on broad dollar rout
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Mr. Markets
Simplicity; The art of success.
https://secure.gravatar.com/avatar/8b0332acc130dc650331fd558f82add2
Market Analysis
USD/JPY – Japanese Yen Edges Higher, Final GDP Next
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY neutral, still within 108.50/110.50 range – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote:Trade within your ability and risk tolerance-pig insider
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
AUD/USD sticks to softer Aussie data-led weakness, downside seems limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD stays firm around 1.1800 ahead of EMU data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (06.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
GBP/USD – Pound Slightly Higher, Investors Look for Economic Cues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Dollar recovery seen as an earnings risk on horizon
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Canada: Ivey PMI drops to 62.5 to miss market expectation of 69.7
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
NZD/USD could advance to the 0.7080 region – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: The game is my wife-pig insider
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
USD/JPY jumps to 2-week tops, testing 200-DMA hurdle
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD looks to consolidate the breakout of 1.1700
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (05.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold rebounds and approaches $1300
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY Technical Analysis: breaks below 50-hour SMA, now seems vulnerable
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613