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 01 April 2024 to 05 April 2024

Forex Forecast & Forex Technical Outlook for 01 April 2024 to 05 April 2024

The economic data released last week confirmed existing patterns of growth for the US economy. Consumer activity exhibits resilience, inflationary pressures appear to be diminishing albeit at a decelerated pace, and sectors susceptible to interest rates maintain their stability. Emerging market economies and G10 nations issued monetary policy declarations. The Riksbank of Sweden maintained its…

Read More

Forex Technical Outlook for 25 March 2024 to 29 March 2024

forex technical outlook

As indicated by last week’s economic indicators, the housing sector continues to provide substantial support for the robust expansion of the U.S. economy. Existing home sales and housing starts both exceeded expectations in February, suggesting substantial expansion. Furthermore, the number of initial unemployment claims has remained relatively low for the entire month of March. On…

Read More

Forex Forecast & Forex Technical Outlook for 18 March 2024 to 22 March 2024

Forex Forecast & Forex Technical Outlook for 18 March 2024 to 22 March 2024

Although last week’s data was not entirely positive, it offers potential avenues for progress that the US economy has reached the preferred equilibrium in inflation, closer to the target set by the FOMC. Despite the efforts of several Latin American countries to combat inflation, regional disinflation encountered challenges, which could potentially disrupt strategies aimed at…

Read More

Forex Forecast & Forex Technical Outlook for 11 March 2024 to 15 March 2024

Forex Forecast & Forex Technical Outlook for 11 March 2024 to 15 March 2024

Considerable traction has been lent to the discourse preceding the March FOMC meeting by the recent performance of a variety of indicators, labor market-related ones in particular. In February, total nonfarm payrolls increased by $275K, exceeding expectations. The European Central Bank and the Bank of Canada maintained their policy rates unchanged last week. Inflationary concerns…

Read More

Forex Technical Outlook for 04 March 2024 to 08 March 2024

forex-technical-outlook for-04-march-2024-to-08-march-2024

The upcoming trading days will be crucial to gauge the US economy is direction. On March 8, the focus will shift to non-farm payrolls and the unemployment rate. Before that, the final S&P Global Services PMI, the ISM Services PMI, and Factory Orders are all scheduled to occur on March 5, preceding these events. In…

Read More

Forex Forecast & Forex Technical Outlook for 26 February 2024 to 01 March 2024

Forex Forecast & Forex Technical Outlook for 26 February 2024 to 01 March 2024

Economic indicators exhibited a lackluster performance last week, although the Consumer Price Index (CPI) for January exceeded initial expectations. A deviation from consensus predictions was observed in economic data, as declines were reported in retail sales, industrial production, and housing starts. In the UK, the fourth quarter GDP decreased by 0.3% quarter-over-quarter, whereas January inflation…

Read More

Forex Forecast & Forex Technical Outlook for 19 February 2024 to 23 February 2024

The US dollar enjoyed a prosperous week as it surged in response to reports that US inflation is not diminishing. As a result of this unforeseen development, traders reversed their wagers on imminent Fed rate cuts. Wednesday’s publication of the minutes from the most recent Federal Reserve meeting will be scrutinized for indications concerning the…

Read More

Forex Forecast & Forex Technical Outlook for 12 February 2024 to 16 February 2024

Forex Forecast & Forex Technical Outlook for 12 February 2024 to 16 February 2024

In January, the ISM services index entered expansionary territory, indicating a positive economic expansion. Nevertheless, a significant surge in the prices paid sub index indicates the persistence of inflationary pressures. Furthermore, consumer borrowing is confronted with escalating interest rates, as evidenced by the comparatively modest growth of $1.6 billion in aggregate consumer credit in December.…

Read More

Forex Forecast & Forex Technical Outlook for 05 February 2024 to 09 February 2024

Forex Forecast & Forex Technical Outlook for 05 February 2024 to 09 February 2024

In January, nonfarm payrolls increased by 353K, exceeding the 185K increase anticipated by the consensus. Furthermore, revisions suggest that a strong employment trend persisted into the prior year’s final quarter. The average growth for payrolls during the fourth quarter of 2023 has increased from the previously reported 165K to 203K. It appears that the labor…

Read More

Forex Forecast & Forex Technical Outlook for 29 January 2024 to 02 February 2024

Forex Forecast & Forex Technical Outlook for 29 January 2024 to 02 February 2024

The data published this week contributed to the increasing confidence in the economy’s capacity to endure the Federal Reserve’s endeavors to mitigate inflation. Contrary to expectations, economic activity concluded the year more robustly, whereas inflation persisted downward. The Bank of Japan’s indication of a possible increase in interest rates for April and the Bank of…

Read More
FP Markets Join Now
FXTM - join now
Scroll To Top