Skip to content

TOP FOREX BROKERS REVIEW

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

Forex Forecast & Forex Technical Outlook for 02 October 2023 to 06 October 2023

Forex Forecast & Forex Technical Outlook for 02 October 2023 to 06 October 2023

After the latest FOMC meeting, during which the focus remained on the Federal Reserve’s reliance on incoming data to shape its future interest rate decisions, particularly with regard to the potential duration of elevated interest rates, this week has witnessed a flurry of economic indicators that shed light on the viability of the Fed’s forecast…

Read More

Forex Forecast & Forex Technical Outlook for 25 September 2023 to 29 September 2023

Forex Forecast & Forex Technical Outlook for 25 September 2023 to 29 September 2023

In the previous week, the US housing data highlighted the continuing effect of elevated mortgage rates and a limited housing supply on market activity. Claims for unemployment insurance remained low, but indicators such as the Leading Economic Index (LEI) on a downward trajectory and rising Treasury yields and oil prices indicate a possible slowdown in…

Read More

Forex Forecast & Forex Technical Outlook for 18 September 2023 to 22 September 2023

Forex Forecast & Forex Technical Outlook for 18 September 2023 to 22 September 2023

In August, the Consumer Price Index rose by 0.6%, signifying the most notable monthly increase since June 2022. Given the recent rise in petrol prices, this outcome was widely anticipated. Intriguingly, both short-term and long-term consumer inflation expectations have decreased, indicating an increase in consumer confidence. In the European Central Bank’s (ECB) September monetary policy…

Read More

Forex Forecast & Forex Technical Outlook for 11 September 2023 to 15 September 2023

Forex Forecast & Forex Technical Outlook for 11 September 2023 to 15 September 2023

The ISM Services Index exceeded consensus expectations in August, reaching 54.5, the highest level since February. This monthly increase demonstrates the sustained strength of the service sector and the resiliency of the U.S. economy as a whole despite rising interest rates. In addition, the rise in the prices paid component of the ISM services index…

Read More

Forex Forecast & Forex Technical Outlook for 04 September 2023 to 08 September 2023

Forex Forecast & Forex Technical Outlook for 04 September 2023 to 08 September 2023

In the US, last week’s data indicate that the economy continues to be robust. Employers added a net of 187,000 new positions in August. While the labor market modifies, we do not anticipate another interest rate increase in this cycle. Nevertheless, significant rate reductions are not imminent, given the labor market’s continued tightness and wage…

Read More

Forex Forecast & Forex Technical Outlook for 28 August 2023 to 01 September 2023

Forex Forecast & Forex Technical Outlook for 28 August 2023 to 01 September 2023

The US durable orders appear to stagnate due to rising mortgage rates, which pressure the housing market. Simultaneously, preliminary benchmark revisions from the BLS indicate that the labor market’s strength is not as intense as previously believed. The PMI surveys released last week for Europe highlight the growth challenges facing the continent’s main economies and…

Read More

Forex Forecast & Forex Technical Outlook for 21 August 2023 to 25 August 2023

Forex Forecast & Forex Technical Outlook for 21 August 2023 to 25 August 2023

The data for the retail and manufacturing sectors revealed unexpected outcomes that exceeded expectations. Simultaneously, residential construction gained impetus. The FOMC meeting minutes acknowledged the resilience of the economy and reaffirmed the Committee’s commitment to bringing inflation back to the 2% target. In other countries, the most recent U.K. The GDP report confirmed the impressive…

Read More

Forex Forecast & Forex Technical Outlook for 14 August 2023 to 18 August 2023

Forex Forecast & Forex Technical Outlook for 14 August 2023 to 18 August 2023

The U.S. economy continues to experience a reduction in price pressure. In July, both the overall and core Consumer Price Index (CPI) registered a modest 0.2% increase. From a yearly perspective, the core CPI increased by 4.7% in July.  The core CPI has maintained a three-month annualized growth rate of 3.1% over the past few…

Read More

Forex Forecast & Forex Technical Outlook for 07 August 2023 to 11 August 2023

Forex Forecast & Forex Technical Outlook for 07 August 2023 to 11 August 2023

After the encouraging updates on the easing inflation, the latest week provided an early look at key indicators for the month of July. This glimpse provided evidence of the labor market’s gradual decline. The burden within credit markets is palpable. The quarterly SLOOS report, which was released on Monday, detailed stricter lending standards and a…

Read More

Forex Forecast & Forex Technical Outlook for 31 July 2023 to 04 August 2023

Forex Forecast & Forex Technical Outlook for 31 July 2023 to 04 August 2023

Last week, the US real GDP grew at an annualized rate of 2.4% in the second quarter, which was stronger than expected. While inflation and compensation costs have moderated, the Federal Open Market Committee (FOMC) prefers to observe sustained moderation before concluding that inflation is sufficiently low and stable. At its July meeting, the Federal…

Read More
Scroll To Top