Category: Daily FX News

11
Nov

TriumphFX Intraday Forex Analysis – 1 Hour Charts – November 11, 2019

Posted BySamuel Morton Category Daily FX Analysis Daily FX News

AUDUSD – 1 Hour Chart As suggested in our last chart analysis, price has been bearish and has swung lower. AUDUSD is down-trending. Price action has formed a bearish channel and the moving averages are bearish and steady, all signalling that the downtrend could continue. Opportunities to go …

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30
Nov

Euro is rising ahead of European inflation data

Posted ByMohammad Abdelkhalik Category Daily FX News

Euro rose at European Markets on Thursday against a basket of world currencies, to continue hiking for the second day in a row against the US dollar, prior to the release of significant data on the European inflation over the month of November, which provides new indicators about the future …

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29
Nov

Oil prices fell after an unexpected rise in crude stocks in the United States

Posted ByMohammad Abdelkhalik Category Daily FX News

Oil prices fell at the European market on Wednesday to assume incurring losses for the third consecutive day, after an unexpected rise in crude stocks in the United States, according to data released by the Institute of Petroleum. Traders outlook data expected to be released by the US Energy Information …

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28
Nov

Euro has risen against a basket of major and minor currencies

Posted ByMohammad Abdelkhalik Category Daily FX News

Euro has risen against a basket of major and minor currencies, on Tuesday, in a resumption of making gains against the US dollar, after such gains had temporarily suspended yesterday as a part of correction and profit processes. Euro is still supported as the formation of an expanded government in …

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27
Nov

most important economic events for this week 27 November – 1 December

Posted ByMohammad Abdelkhalik Category Daily FX News

Investors pay attention to the monthly data of The China’s transformative industries sector, which will be an indicator on the leverage of the world’s second-largest economy. It is worth mentioning that the Energy markets will pay attention to the long-awaited OPEC’s formal meeting in order to know the decisions which …

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24
Nov

Gold prices have been stable for today driven by the fall of the USD

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices have been stable for today; Friday, at the European market within a limited range of trading close to the high over one week, driven by the fall of the US dollar against a basket of global currencies. It is expected that upon overtaking this level, prices will achieve …

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23
Nov

Euro resumed rise against some major currencies during today’s trading

Posted ByMohammad Abdelkhalik Category Daily FX News

Euro resumed rise against some major currencies during today’s trading; Thursday, in the European session, and recorded the third daily consecutive gain against the US dollar. The rise comes as a result of the big US dollar decline after the Federal Reserve issued yesterday its last meeting’s minutes, which weakened …

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22
Nov

Oil prices recorded their highest levels in two and a half years

Posted ByMohammad Abdelkhalik Category Daily FX News

Crude oil rose at European market for the second consecutive day, on Wednesday, in pursuit to expanding its gains, hitting the highest curve over two and a half years. Brent crude futures rose to the highest level over one week after unofficial data released in the United States which showed …

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21
Nov

Gold prices are rising and attention is on Yenin’s comments

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices rose, in the European Markets on Tuesday, to be steady above the lowest recorded level over a week, at earlier time in yesterday’s trading, during which gold prices incurred the biggest daily loss in five months driven by the rise of the US dollar and the US bond …

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20
Nov

The most important economic events expected in the week 20-24 November

Posted ByMohammad Abdelkhalik Category Daily FX News

Within the current week, it is planned that the Federal Reserve Bank will release its final meeting minutes on Wednesday. Such minutes will be focused on by markets in order to get knowledge about any new indicator of monetary policy. In respect of the US data, Durable Goods Orders are …

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