07/04/2023 Evening Reports

While Unemployment Declines in the USA, Non-Farm Employment Remains Below Expectations… *In the USA, non-farm employment was expected to increase by 239,000 in March, while an increase of 236,000 was recorded. An increase of 311,000 was announced last month. The unemployment rate fell from 3.6% to 3.5%. Average hourly earnings, on the other hand, met […]

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

07/04/2023 Daily Reports

Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD EUR/USD is topping the extreme of the day in late New York in holiday calmness. The pair is currently trading at 1.0930 at hourly resistance. The pair has travelled between a low of 1.0884 and a high of 1.0937. The […]

06/04/2023 Evening Reports

Many Products Will Be Closed To Transactions Tomorrow Due To Good Friday… *Tomorrow, many products will be closed due to Easter / Good Friday. At the same time, non-farm employment data will be released tomorrow in the USA. Due to the fact that the data is announced when the market is closed, market pricing may […]

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

06/04/2023 Daily Reports

Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD The EUR/USD corrected to the 1.0900 zone after the beginning of the American session and despite weaker-than-expected US economic data. The US Dollar gained momentum, pushing the pair to the downside. ADP released its employment report showing that in March […]

05/04/2023 Evening Reports

PMI Data From Different Regions Over 50 Neutral Regions… *In Germany, Services PMI in March rose to 53.7 even though it was below the 53.9 expectation. The data was announced as 50.9 last month. Composite PMI rose to 52.6 as expected. The data was announced as 50.7 last month. *In the Euro Area, the Services […]

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

05/04/2023 Daily Reports

Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD The EUR/USD edges above the 1.0900 figure for the second consecutive day after data from the US shifted expectations that the US Fed would pause its tightening cycle. At the time of writing, the EUR/USD is trading at 1.0955 after […]

04/04/2023 Evening Reports

Producer Inflation Decreased in the Euro Zone… * In the Euro Area, PPI data for February decreased from 15.1% to 13.2% annually, while it was recorded as -0.5% from -2.8% monthly. Although the decrease in producer prices continued in monthly data, it slowed down in February. However, annual data remains high. * In his speech, […]

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

04/04/2023 Daily Reports

Support Level: 1.0790 – 1.0700 – 1.0630 Resistance Level: 1.0930 – 1.1030 – 1.1100 EUR/USD The EUR/USD rose further following the release of US Economic data and printed a fresh daily high at 1.0916. It then pulled back to 1.0900. The US Dollar is under pressure amid lower yields and risk appetite. Data showed that […]

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

03/04/2023 Daily Reports

Support Level: 1.0820 – 1.0700 – 1.0630 Resistance Level: 1.0930 – 1.1030 – 1.1100 EUR/USD The Euro drops from around weekly highs of 1.0925 on a buoyant US Dollar and on buyers’ failure to crack the YTD high at 1.0929. Nevertheless, a triple bottom in the daily chart is intact, at the brisk of being […]

31/03/2023 Evening Reports

PCE Price Index Increase Rate Decreased in USA… *The UK’s fourth-quarter GDP, announced today, exceeded expectations and grew by 0.1% quarterly and 0.6% year-on-year. The data was expected to come in at 0.0% and 0.4%, respectively. The Housing Price Index, another data we follow in the UK, came in at -0.8% monthly and -3.1% annually, […]