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

29/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0665 – 1.0740- 1.0850 EUR/USD The EUR/USD failed to break the current range despite hitting the highest level in 13 days. The pair peaked at 1.0675 and then pulled back. It is trading at daily lows near 1.0610, still bullish in the daily chart. The short-lived […]

28/12/2022 Evening Reports

Markets Remain Stable Towards the End of the Year… ØLimited price volatility continues in global markets. ØThere is a slight decline in the government bond rates, which has been on the rise with the statements of the hawk central banks recently, but the price activity is limited. ØWhile major instruments are traded at almost the […]

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

28/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0665 – 1.0740- 1.0850 EUR/USD The EUR/USD has recovered 1.0611, reaching the lowest level since last Thursday and then bounced sharply to the upside, approaching daily highs as equity prices in Wall Street rebounded. It ended the day at around 1.0645, bullish in the daily chart. […]

27/12/2022 Evening Reports

Last Week of the Year Global Bond Rates On An Uptrend… *Limited movements continue in post-Christmas market pricing. EURUSD parity is priced at 1.0625, Ounce Gold 1807, GBPUSD parity at 1.2020 and USDJPY at 133.35. *Global bond yields are on the rise in Germany and the USA. *Yesterday, Dutch Central Bank Governor Knot’s continued statements […]

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

27/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD The EUR/USD pair holds ccomfortably above the 1.0600 round-figure mark through the early North American session and moves little in reaction to the mixed US macro data. It ended Friday near 1.0620, still bullish in the daily chart. The US Bureau […]

23/12/2022 Evening Reports

Home Sales Increase in the USA, Durable Goods Orders Decrease… The Number of Foreign Tourists in Turkey for the month of November, which we follow today, increased by 44.64% on an annual basis and reached 2,552 million people. The Number of Foreign Tourists for the January-November period also increased by 84.77% to 42,164 million people. […]

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

23/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD EUR/USD is moving in towards a price imbalance between 1.0580 and 1.0570 having already made a low of 1.0573. The price is coiled below the top of the bullish cycle up at 1.0763 and is breaking down the trend which leaves […]

22/12/2022 Evening Reports

Dollar Index Gains Value After US Data… In the UK, the GDP we track for the third quarter fell short of expectations, shrinking by 0.3% on a quarterly basis, while growing by 1.9% on an annual basis. The economy was expected to contract by 0.2% on a quarterly basis and to grow by 1.9% on […]

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

22/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD ØThe EUR/USD continues to move without a clear direction. It printed a fresh daily low at 1.0595 and then rebounded back above 1.0600 to ended the day at around 1.0610, still bullish in the daily chart. ØRisk sentiment prevailed after the […]

21/12/2022 Evening Reports

While Consumer Confidence Increases in the USA, Home Sales Decrease… The Consumer Price Index (CPI) for November, which we tracked in Canada, exceeded the expectations and increased by 0.1% monthly and 6.8% annually. The data was expected to come in at -0.1% and 6.7%, respectively. Core CPI, on the other hand, remained unchanged at 0.0% […]