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Market Outlook

The Euro (1.3835) is attempting to ricochet from our help zone of 1.3790-60 and rally higher over 1.3865. From the more extensive viewpoint, for real increase it need to break over 1.40 and all the while Dollar Index must break underneath 79. Dollar-Yen (102.42) has been pushed down a bit by the saf...
by CommexFX
Apr 25, 2014
 
Forum: Dubai Business Talk
Topic: Market Outlook
Replies: 0
Views: 800

Fundamental Analysis May 1

EUR/USD gained 11 points after eurozone inflation printed better this month than the previous months. But it still does not take the ECB off the hook. GBP/USD eased by 11 points to trade at 1.6817 as traders sold off to book profits after the pair skyrocketed on yesterday’s GDP data. The pound perfo...
by CommexFX
May 01, 2014
 
Forum: Dubai Business Talk
Topic: Fundamental Analysis May 1
Replies: 0
Views: 678

Fundamental Analysis May 2

EUR/USD is exchanging at 1.3880 crawling higher on Thursday having ridden out two days of more terrible than anticipated news on Eurozone swelling and the US economy that have not in a broad sense modified observations of the approach viewpoint in either. GBP/USD outperformed its crosses to hit a 20...
by CommexFX
May 02, 2014
 
Forum: Dubai Business Talk
Topic: Fundamental Analysis May 2
Replies: 0
Views: 656

Fundamental Analysis May 7

EUR/USD picked up 52 focuses to exchange at 1.3927 setting itself up for a significant fall. Climbing relentlessly after eurozone administrations PMI basically beat desires and Spanish unemployment reported much superior to anticipated. Numerous accept this is all a measurable abnormality as Spain i...
by CommexFX
May 07, 2014
 
Forum: Dubai Business Talk
Topic: Fundamental Analysis May 7
Replies: 0
Views: 693

Daily Outlook 8-05-2014

Dollar Index (79.2340) is attempting to ricochet from 79 yet work it exchanges over 79.50-55 soon, the danger remains. At the same time the band of 79.00-78.60 has given backing to almost 2 years now and that is the desire for bulls. The Euro (1.3913) is going under a little rectification in the wak...
by CommexFX
May 08, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 8-05-2014
Replies: 0
Views: 658

Daily Outlook 9-05-2014

The Euro (1.3837) has fallen off forcefully from a high close to 1.3994 on Draghi’s clues of maneuvering in June. The absence of take after-through purchasing over 1.3967 emulated by the fall beneath 1.3900 could be an indication of longer term shortcoming, however a break underneath 1.3780 is requi...
by CommexFX
May 09, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 9-05-2014
Replies: 0
Views: 630

Daily Outlook 14-05-2014

The Euro (1.3716) has broken beneath the vital 1.3735 help level and can decrease further towards 1.3625. The Euro-Yen (140.21) discovered Resistance at 1.4100 yesterday, not surprisingly, and has fallen, dragging the Euro down with it. A test of pivotal Support at 139.50-25 is likely throughout the...
by CommexFX
May 14, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 14-05-2014
Replies: 0
Views: 577

Daily Outlook 19-05-2014

Dollar-Yen (101.52) continues exchanging close to the significant help zone of 101.30-20 and a break beneath 101.20 may drag it down to the following long haul backing close to 101.70-60. The Euro-Yen (139.24) is in an affirmed significant downtrend now. It is trying a paramount trendline Support he...
by CommexFX
May 19, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 19-05-2014
Replies: 0
Views: 656

Daily Outlook 27-05-2014

Euro (1.3662) is making a Matching Low at 1.3613, near the trendline help at 1.3590-80 and this bob may take Euro higher to 1.3700-30. Anyway the shortcoming stays in place beneath 1.3800 and any skip is required to face offering weight. Dollar-Yen (101.97) is trying our safety region of 102 and a b...
by CommexFX
May 27, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 27-05-2014
Replies: 0
Views: 682

Daily Outlook 28-05-2014

Euro (1.3637) is attempting to discover some purchasing near the trendline help at 1.3590-80 and this endeavor, if fruitful, may take Euro higher to 1.3700-30. Be that as it may the shortcoming stays in place beneath 1.3800 and any bob is relied upon to face offering weight at the more elevated amou...
by CommexFX
May 28, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 28-05-2014
Replies: 0
Views: 706

Daily Outlook 29-05-2014

Euro (1.3605) is trying the trendline help at 1.3590-80 and may attempt to bob once more to 1.3700-30. Anyway the shortcoming stays in place beneath 1.3800 and any skip is required to face offering weight at the larger amounts. Dollar-Yen (101.68) has been pushed down precisely from our safety at 10...
by CommexFX
May 29, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 29-05-2014
Replies: 0
Views: 679

Daily Outlook 30-05-2014

No indication of quality is noticeable yet in the Euro (1.3605) as it tests the trendline help at 1.3590-80 and may attempt to skip over to 1.3700-30. Be that as it may the shortcoming stays in place beneath 1.3800 and any skip is relied upon to face offering weight at the larger amounts. Dollar-Yen...
by CommexFX
May 30, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 30-05-2014
Replies: 0
Views: 642

Daily Outlook 2-06-2014

Euro (1.3628) has been attempting to make a bullish example like the Morning Star and may attempt to skip once more to 1.3700-30. Be that as it may the shortcoming stays in place beneath 1.3800 and any bob is required to face offering weight at the larger amounts. Dollar-Yen (102.05) is near breakin...
by CommexFX
Jun 02, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 2-06-2014
Replies: 0
Views: 710

Daily Outlook 26-08-2014

EUR/USD The EUR declined 0.08% against the USD and closed at 1.3186. Over the weekend at the Jackson Hole Summit, the ECB Chief, Mario Draghi, revealed that the policymakers are willing to introduce additional stimulus, if there is further drop in inflation in the region. In the US, the pace of grow...
by CommexFX
Aug 26, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 26-08-2014
Replies: 0
Views: 801

Daily Outlook 25-09-2014

EUR/USD The EUR declined 0.55% against the USD and closed at 1.2776. Yesterday, the Euro further lost ground after the ECB Chief, Mario Draghi, in an interview, stated that the central bank would keep its monetary policy accommodative for a considerable period of time. In the US, the new home sales ...
by CommexFX
Sep 25, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 25-09-2014
Replies: 0
Views: 711

Daily Outlook 23-10-2014

EUR/USD The EUR declined 0.52% against the USD and closed at 1.2646. The greenback traded on a stronger footing after the US consumer prices advanced 0.1% on a monthly basis in September, beating market expectations. The MBA mortgage applications in the US rose 11.6% in the week ended October 17, af...
by CommexFX
Oct 23, 2014
 
Forum: Dubai Business Talk
Topic: Daily Outlook 23-10-2014
Replies: 0
Views: 725
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