Daily Technical & Fundamental Analys Fundamental Analysis | EURUSD / GBPUSD | 12 of August During this week the oil market has been experiencing daily shocks. Yesterday was no exception thanks to hints of Saudi Arabia Oil Minister. Against the background of his arguments about freezing of quo
Latest Forex News Rockefeller Treasury Services, Inc. Analytics | 11 of August We don’t have much to hang our hat on today by way of US data, just the usual Thursday jobless claims (expected at 265,000). Yesterday the JOLTs report showed a rise in job openings to 5.6 million (from 5.5 in May), wi
Latest Forex News American statistics and Saudi Arabia brought down oil prices Oil prices in early trading on Thursday declined due to pressure on market on the background of strong data on increase in oil reserves in the US stores. And also due to announcement of a record extraction in Saudi Ara
Daily Technical & Fundamental Analys Daily Analysis | USDCAD | 11 of August The USD/CAD has been dropping after a strong marubozu candle (purple) breakout to upside. At this point it is looking like a dead cat bounce. For all who are wondering what a dead cat bounce is there is an old adage.
Daily Technical & Fundamental Analys Daily Analysis from EW-Forecast | USDCAD | 11 of August USDCAD has made a five wave of decline from 1.4683 which is a very strong evidence for a bearish trend. We are talking about black wave A/I that is first wave of a minimum three wave decline, so more
Daily Technical & Fundamental Analys Fundamental Analysis | EURUSD / GBPUSD | 11 of August At trading on Wednesday the oil tried to turn out from the range of 43.00-44.00. It could have been under the protection of large investors. Besides, data on oil inventories showed an increase by 1.055
Latest Forex News Rockefeller Treasury Services, Inc. Analytics | 10 of August We wanted fresh data and alas, we got it. US labor productivity fell 0.5% in an ongoing loss—it’s the third quarter of falling productivity after Q1 posted a drop of 0.4%. The WSJ reports average annual productivit...
Latest Forex News Сompanies stocks are growing through the popular mobile game Pokémon GO Mobile Game Pokémon GO during the first weeks after release broke all records of mobile applications. This game is a joint development by Nintendo and Niantic Labs corporations. The last one was owned by ...
Daily Technical & Fundamental Analys Daily Analysis | EURCHF | 10 of August The EUR/CHF is in a strong uptrend but it is getting close to historical sellers. As we can see on the chart, the inner trend line has been broken and the pair is currently slightly above H3 - in no man's land. There
Daily Technical & Fundamental Analys Daily Analysis from EW-Forecast | GOLD / German DAX | 10 of August Gold made a nice pullback down to 1329 over the last few days from where price turned sharply to the upside in the last 24 hours. Bullish price action is looking promising but we still need
Daily Technical & Fundamental Analys Fundamental Analysis | EURUSD / GBPUSD | 10 of August Yesterday's economic data could not help the counter-dollar currencies to continue the growth. Possible consequences of the British referendum restrain excessive weakening of main competitors of the dol
Latest Forex News Rockefeller Treasury Services, Inc. Analytics | 9 of August Today the US reports Q2 productivity. And unit labor costs, pretty important to an evaluation of present and futures GDP. We also get the wholesale inventory report for June, also important to GDP. Productivity is a Big
Latest Forex News Oil price has not sustained pressure Despite yesterday's rise of oil prices, quotes fell again today. Primarily because of excitements about overabundance of global markets, as well as due to profit-taking by investors who closed their positions after growth by almost 3% in the
Daily Technical & Fundamental Analys Daily Analysis from EW-Forecast | US Index / EURUSD | 9 of August USD found some support last week, and it appears that momentum in the favor of the buck is picking up. Which can be constructive for a resumption of a bigger uptrend. On the one hour chart w
Daily Technical & Fundamental Analys Fundamental Analysis | EURUSD / GBPUSD | 9 of August Yesterday did not show us any significant macroeconomic results. But all attention was on the Energy Minister of Qatar Mohammed bin Saleh Al-Sada. He announced the informal OPEC meeting in late September
Latest Forex News Rockefeller Treasury Services, Inc. Analytics | 8 of August The US 10-year note is quoted this morning at the same 1.582% as the Friday close. It was 1.502% on Friday morning before the payrolls release. Bloomberg reports that the odds of a rate hike in 2016 rose from 37.3% befo
Latest Forex News New rumors about an agreement inside the OPEC In morning trading on Monday, oil prices has been growing on the background of news. There is possible resumption of negotiations between individual members of OPEC on production constraints. The price for North American WTI crude oi
Daily Technical & Fundamental Analys Daily Analysis | EURUSD | 8 of August The EUR/USD spiked straight from our POC after the analysis on Session Recap webinar. After initial spike the pair dropped after stronger than expected NFP data. Next POC zone is 1.1120-40 (38.2, WPP, H3, Inner trend l
Daily Technical & Fundamental Analys Daily Analysis from EW-Forecast | 10 Year US Notes / GBPJPY | 8 of August I noticed that USD index finally found some support. That could drive price much higher in days ahead after better than expected NFP report on Friday. At the same time we can see sto
Daily Technical & Fundamental Analys Fundamental Analysis | EURUSD / GBPUSD | 8 of August Friday's US labor indicators were released unexpectedly strong, other news appeared on the forecast level. Results of the Ministry of Labor in July showed the following data: growth of new workplaces out