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TOP FOREX BROKERS REVIEW

THE INTERNET'S MOST COMPREHENSIVE LIST OF ONLINE FOREX BROKERS AND FOREX REVIEWS. 

Forex Forecast & Forex Technical Outlook for 24 July 2023 to 28 July 2023

Forex Forecast & Forex Technical Outlook for 24 July 2023 to 28 July 2023

Last week, the FOMC confronted a steadily more difficult balancing act. Despite their rate increases, consumer spending remains resilient, but other rate-sensitive sectors. Therefore, it is difficult to classify the state of the economy as wholly positive or negative; it is a mixture of both. In June, the FOMC decided to maintain the status quo…

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Forex Forecast & Forex Technical Outlook for 17 July 2023 to 21 July 2023

Forex Forecast & Forex Technical Outlook for 17 July 2023 to 21 July 2023

Last week’s economic indicators indicate a progressive easing of price pressures across the economy. In June, the headline and core CPI increased by 0.2%, the smallest monthly increase since early 2021. In addition, core producer prices posted their lowest annual growth rate since February 2021. Despite the robust demand for labor, there are indications that…

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Forex Forecast & Forex Technical Outlook for 10 July 2023 to 14 July 2023

Forex Forecast & Forex Technical Outlook for 10 July 2023 to 14 July 2023

The employment data for June fell short of projections, indicating a downward trend in hiring. Despite this, the Federal Reserve has the confidence to tighten monetary policy on July 26 due to the economy’s resilience as a whole and positive incoming data. The latest figures on construction expenditure for the month of May reveal a…

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Forex Forecast & Forex Technical Outlook for 03 July 2023 to 07 July 2023

Last week’s economic data released in the United States demonstrated strength across various sectors. Claims for unemployment insurance decreased, the housing market continued to outperform expectations, and there were encouraging signs of increased business equipment expenditure. After a significant decline during the pandemic, immigration levels have rebounded in the United States. In 2022, immigration flows…

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Forex Forecast & Forex Technical Outlook for 26 June 2023 to 30 June 2023

Forex Forecast & Forex Technical Outlook for 26 June 2023 to 30 June 2023

Federal Reserve Chair Jerome Powell testified before Congress last week, noting that economic activity has been resilient in the face of higher interest rates. However, he also said that more work needs to be done to achieve the Fed’s 2% inflation target. Powell’s testimony came as the housing market remains a dominant theme in the…

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Forex Forecast & Forex Technical Outlook for 19 June 2023 to 23 June 2023

Forex Forecast & Forex Technical Outlook for 19 June 2023 to 23 June 2023

The financial markets and monetary policymakers were extremely active during the past week. Inflation and output growth, according to economic data, decelerated gradually rather than suddenly. Although the Chinese economy initially demonstrated strong performance in the first quarter after Zero-COVID measures were lifted, the momentum has not been sustained, and growth prospects are rapidly diminishing. …

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Forex Forecast & Forex Technical Outlook for 12 June 2023 to 16 June 2023

Forex Forecast & Forex Technical Outlook for 12 June 2023 to 16 June 2023

In the US, the ISM Services index decreased to 50.8, indicating that the service sector may be losing momentum. An unanticipated increase in unemployment claims is indicative of a deteriorating labor market.  The resurgence of the housing market is being hampered by rising mortgage rates, with purchase mortgage applications falling for four consecutive weeks. In…

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Forex Forecast & Forex Technical Outlook for 05 June 2023 to 09 June 2023

Forex Forecast & Forex Technical Outlook for 05 June 2023 to 09 June 2023

By resolving to suspend the debt ceiling until the end of 2024, Congress and the president successfully averted the first-ever default in U.S. history last week. Despite an unexpected increase in employment gains, contrary to market expectations, the overall data continue to indicate a gradual decline in economic activity. On the other hand, the Canadian…

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Forex Forecast & Forex Technical Outlook for 29 May 2023 to 02 June 2023

Forex Forecast & Forex Technical Outlook for 29 May 2023 to 02 June 2023

The uncertain outcome of the debt ceiling agreement has rendered the near-term economic outlook uncertain. Recent data indicate, however, that the actual economy is exhibiting resilience. Stabilization in new home sales and orders for durable products, as well as an unexpected increase in real personal spending, are positive indicators. The FOMC considers the natural rate…

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Forex Forecast & Forex Technical Outlook for 22 May 2023 to 26 May 2023

Forex Forecast & Forex Technical Outlook for 22 May 2023 to 26 May 2023

The most recent economic data indicate that the U.S. economy is gradually decelerating. Despite this, consumer spending remains stable, and industrial and housing activity shows evidence of stability. In spite of the fact that we continue to anticipate a recession by the end of the year, it is undeniable that the data reveals an underlying…

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