Home Become a Member Contact Us WinPicks Software Scoresline Sports Forum

Forums   Register   Profile   Inbox   Address Book   Subscribe   My Forums   Search   FAQ   Login   Log Out
RE: Daily Market Analysis from ForexMart   Logged in as: Guest
Users viewing this topic: none
  Printable Version
All Forums >> [Miscellaneous] >> General discussion forum (topics not related to stock market) >> RE: Daily Market Analysis from ForexMart Page: <<   < prev  19 20 21 22 [23]
Login
Message << Older Topic   Newer Topic >>
RE: Daily Market Analysis from ForexMart - 4/16/2018 7:46:11 PM   
Andrea ForexMart

 

Posts: 657
Joined: 9/15/2016
Status: offline
EUR/USD Fundamental Analysis: April 16, 2018

Missile launch directed to the specific target in Syria from the U.S. and their allies although the effect is not that big impact. Last week, there are topics regarding the possibility of a war between the U.S. and Syria. The situation is worsening that resulted in choppiness in the market.

A lot of investors has become anxious because of choppiness and the market has become more appealing. Hence, the trend was seen to have consolidated and trades in a range. The attacks over the weekend were said to be from the United States. On a lighter note, this is just for short-term which happened one time that cooled down concerns about a war. This has largely calmed down the market that is reflected in the market in the present condition.

Euro has been trading in a range for a number of weeks already and the tendency to break out in any direction is not clearly visible at this time. Although, there are breakout attempts on either side but did not come out with anything due to uncertainties caused by various factors including the area of Syria, the trade war between China and the U.S. as well as, the QE program.

For today, the retail sales data from the U.S. is unexpected to be released today as the first day of the week. Nonetheless, there is a slow data for today. Excluding the geopolitics concern, this data is anticipated to be more appealing that could initiate the trend for short-term.





_____________________________

Andrea ForexMart, Official Representative
ForexMart

(in reply to Andrea ForexMart)
Post #: 441
Page:   <<   < prev  19 20 21 22 [23]
All Forums >> [Miscellaneous] >> General discussion forum (topics not related to stock market) >> RE: Daily Market Analysis from ForexMart Page: <<   < prev  19 20 21 22 [23]
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts


Forum Software © ASPPlayground.NET Advanced Edition 2.4.5 Unicode

0.020