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Dollar Index Oversold Condition

March 8, 2016 6:32 pm

On 9th March, 2016, the dollar index already in previous 11 days low means strong oversold condition. Our recommendations about trading in sell EURUSD 1.1035 between 1.1045. But keep in view the economical event of Crude Oil Inventories with forecast 3.578M from 10.374M.

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Don’t Expect NFP To Help USD

March 4, 2016 3:35 am

At this stage, no one expects the Federal Reserve to tighten in March, which is one of the reasons why we believe non farm payrolls won’t help the dollar.If the labor-market report is weak, it will reinforce the market’s expectations that the dollar won’t receive a boost in yields and […]

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ISM Manufacturing PMI (Feb) Updates

March 1, 2016 7:01 pm

Today we are expecting that the high importance event ISM Manufacturing PMI (Feb) of U.S will be positive, but not to much. The EURUSD  pair is also under pressure so due to economical reasons the best buying range to near key support level 1.0813.

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Eur/Usd Still in very Famous Range

6:30 pm
Eur/Usd Still in very Famous Range

On technically Prospective: Eur/Usd is still in a very famous range which is 1.1450 Key Resistance Level and 1.0800 Key Support range.. Eur/Usd is near term In short trend so We could see next key support level 1.0800 in coming days or hours for rejection. On Fundamental Prospective: USD dollar […]

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EURUSD Under Pressure Outlook for 01 March 2016

February 29, 2016 11:52 pm

Today EURUSD pair was in bearish trend and move lower 1.0858 due to negative eurozone CPI (YoY) of February. Furthermore U.S Pending Home Sales (MoM) (Jan) also negative to -2.5% from 0.9%, so the pair under pressure. As per overall outlook tomorrow pair will move to near resistance level 1.930 […]

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US GDP Grew Slower in Q4

February 26, 2016 6:26 pm

Today U.S Commerce Department will announce the GDP report of Fourth Quarter of 2015,  in Q4 the GDP growth slower but better from Q1 to Q3, now the effect is positive for U.S Dollar. Enjoy the Sell Trading in EURUSD.

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