14/04/2023 Evening Reports

FED/Waller “Fees Needed to Increase Further“ *In the monthly report published today by the International Energy Agency (IE), OPEC+ countries can reduce their oil supply by 400 thousand barrels per day until the end of the year, and Russia’s daily oil exports increased by 600 thousand barrels in March, the largest increase in the last […]

The daily reports for important events that affects the forex, stocks and commodities markets.

14/04/2023 Daily Reports

Support Level: 1.0970 – 1.0880 – 1.0800 Resistance Level: 1.1070 – 1.1180 – 1.1300 EUR/USD EUR/USD keeps the bid stance well and sound for the third session in a row on Thursday and trades in levels last seen around a year ago on the back of the unabated sell-off in the dollar. The upside momentum […]

13/04/2023 Evening Reports

US Producer Prices Decreased in March… *The UK GDP, which we tracked for February, did not change on a monthly basis, but grew by 0.1% on a quarterly basis and by 0.5% on an annual basis. Apart from this data, while the manufacturing sector came in at the level of 0.0% in February, industrial production […]

The daily reports for important events that affects the forex, stocks and commodities markets.

13/04/2023 Daily Reports

Support Level: 1.0935 – 1.0880 – 1.0800 Resistance Level: 1.1030 – 1.1100 – 1.1180 EUR/USD EUR/USD extends the bullish performance and prints new monthly highs around 1.0990 on Wednesday. Following a consolidation phase in the first half of the day on Wednesday, the US Dollar (USD) came under heavy selling pressure and registered large losses […]

12/04/2023 Evening Reports

US Inflation Weakened But Core Side Issues Warning… *The Headline Consumer Price Index (CPI), which we tracked in the US for March, remained below the expectations, increasing by 0.1% monthly and 5.0% annually. The previous data was at the level of 0.4% monthly and 6.0% annually.Core CPI, on the other hand, did not weaken like […]

The daily reports for important events that affects the forex, stocks and commodities markets.

12/04/2023 Daily Reports

Support Level: 1.0830 – 1.0790 – 1.0710 Resistance Level: 1.0930 – 1.0980 – 1.1030 EUR/USD The EUR/USD rose to 1.0928, reaching the highest level since last Thursday, and then pulled back. The Euro holds a bullish tone but remains unable to break above 1.0930. Data from the Eurozone showed a decline of 0.8% in Retail […]

11/04/2023 Evening Reports

FED/Williams “Lower Interest Rates If Inflation Drops“ *In his speech today, New York FED President Williams said that they saw some slowdown in employment demand but still high, inflation still hovers above the 2% target, they should monitor inflation, retail sales and other data, there are policies towards a restrictive stance, bank failures He stated […]

The daily reports for important events that affects the forex, stocks and commodities markets.

11/04/2023 Daily Reports

Support Level: 1.0830 – 1.0790 – 1.0710 Resistance Level: 1.0930 – 1.0980 – 1.1030 EUR/USD EUR/USD started the new week on the back foot and touched its lowest level in a week at 1.0830 in the American session. The pair was last seen trading a few pips below 1.0860, losing 0.5% on a daily basis. […]

10/04/2023 Evening Reports

Global Economy Slowing Down in Japan.. Ueda, the new head of the Bank of Japan (BOJ), said in his speech that large-scale monetary easing will continue, that negative interest rates are appropriate for now, that it is very possible to reach the sustainable price target as wage growth strengthens, and that he is aware that […]

The daily reports for important events that affects the forex, stocks and commodities markets.

10/04/2023 Daily Reports

Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD The EUR/USD falls during the North American session and retraces towards the 1.0900 figure after a solid US Nonfarm Payrolls report. However, the Euro (EUR) is set to finish the week with decent gains of 0.61%, though it ended short […]