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Daily Technical & Fundamental Analysis
Daily Analysis from EW-Forecast | GOLD and German DAX | 24 of March
Gold moved lower yesterday, beneath 1225 level so it looks like a deeper pullback is in play. An updated count still shows a three wave decline in play for wave 4-cirled, currently in sub-wave C) that can be headed even back to 1190 where metal can be looking for a support; probably at the start of April.... (Read more)
Daily Technical & Fundamental Analysis
Daily Analysis | EURUSD | 24 of March
The EURUSD is standing at very important POC 1.1145-60. This is 4h support and POC ( T-89 ™, Inner Trend Line, Historical Bullish Order Block). If EURUSD wants to go up it should spike from POC else we might see a drop towards 1.1055 -a historical BPC pattern.... (Read more)
Latest Forex News
Do rates will be increased in April?
Resolute performances of Bullard, Evans and other Fed officials this week give investors further speculation about possible interest rate increase already at the April meeting.... (Read more)
Latest Forex News
Rockefeller Treasury Services, Inc. Analytics | 24 of March
So-called intermarket analysis is a snare and a delusion, and we dislike having to try to escape the trap. The most pernicious of the intermarket themes is “oil is down because the dollar is up,” implying demand for oil instantly and automatically sinks when it becomes more expensive in dollar terms.... (Read more)
Daily Technical & Fundamental Analysis
Fundamental Analysis | EURUSD / GBPUSD | 25 of March
As we predicted yesterday, the correction was perfomed. However, market sentiments picked as a leader not the euro, but the British pound sterling. One of the reasons - is Retail Sales With Auto Fuel in the UK, which fell by 0.4% instead of 0.7% in February.... (Read more)
Daily Technical & Fundamental Analysis
Daily Analysis from EW-Forecast | GBPUSD / AUDUSD | 25 of March
GBPUSD is turning nicely down as expected, now already beneath the channel line which is an important evidence for a trend change as we talked about in our recent updates.... (Read more)
Latest Forex News
Reducing of European shares before the holidays
The shares of retail companies in European indices continue to decline over the past four days because of short week due to the holidays. Next Pic Shares fell to record low levels of productivity in the Stoxx Europe 600 index collapsed by 15% amid falling annual sales forecast.... (Read more)
Latest Forex News
Rockefeller Treasury Services, Inc. Analytics | 25 of March
Since Asia is the only place open for business today, we can talk about Asia. Japan got no inflation, as expected, raising expectations for something, anything, on the policy front going forward.... (Read more)
Daily Technical & Fundamental Analysis
Fundamental Analysis | EURUSD / GBPUSD | 28 of March
Friday's trading session had just one important piece of news - the final estimate of US GDP for the fourth quarter, which amounted to 1.4% against the previous level of 1.0%. However, due to the fact that markets were closed, the news had no impact on stock values.... (Read more)
Latest Forex News
US banks are protesting against the soft Fed policy
Directors of the US largest banks had high hopes for 2016. This year they planned to take a breather after the zero rate, which puts great pressure on profit of the whole sector.... (Read more)