16 July, 2019 by Aayush Jindal in Market Analysis
Key Highlights
The British Pound recovered recently after
trading as low as 1.2439 against the US Dollar. GBP/USD is now struggling below the 1.2580
resistance and a bearish trend line on the 4-hours.The NY Empire State Manufacturing Index
increased from -8.6 to 4.3 in July 2019.The UK Claimant count in June 2019 could change
by 18.9K, less than the last 23.2K.
GBPUSD Te...
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Tags: British PoundGBPUSD Technical AnalysisNY Empire State Manufacturing Survey IndexUK Claimant Count ChangeUK UnemploymentUS dollar
17 June, 2019 by Aayush Jindal in Market Analysis
Key Highlights
The Euro failed to gain momentum above 1.1350
and trimmed most gains against the US Dollar. EUR/USD traded below a connecting bullish trend
line with support near 1.1280 on the 4-hours chart.The US Industrial Production in May 2019
increased 0.4% (MoM), more than the +0.2% forecast.The NY Empire State Manufacturing Index in June
2019 could decline from 17.80 ...
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Tags: EuroEURUSD Technical AnalysisNY Empire State Manufacturing Survey IndexUS dolllar
15 April, 2019 by Aayush Jindal in Market Analysis
Key Highlights
The Euro started a strong rebound after trading
as low as 1.1183 against the US Dollar.A crucial bullish trend line is formed with
support at 1.1250 on the 4-hours chart of EUR/USD.The Michigan Consumer Sentiment Index in April
(Prelim) declined from 98.4 to 96.9.The NY Empire State Manufacturing Index in April
2019 might increase from 3.7 to 6.0.
EURUSD T...
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Tags: EURUSD Technical Analysis Euro US DollarNY Empire State Manufacturing Survey IndexUS dollar
15 August, 2016 by Aayush Jindal in Uncategorized
EURUSD - Euro Remains in the Driver's Seat versus US Dollar
Key Highlights
Euro traded higher recently against the US Dollar, and may continue to gain bids.
There is a critical bullish trend line formed on the 4-hours chart of EURUSD, acting as a support area for the Euro.
Today in the US, the NY Empire State Manufacturing Survey index will be by the Federal Reserve...
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Tags: EURUSD Technical AnalysisNY Empire State Manufacturing Survey IndexUK RightMove House Price Index
