Hotforex.com - Market Analysis and News.

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Wed Dec 17, 2014 9:55 am

Date : 17th December 2014

EURUSD TRADING LOWER AHEAD OF THE US SESSION. FOMC MEETING MINUTES AND FEDERAL FUNDS RATE ON FOCUS.


EURUSD rose yesterday and closed at 1.2510. Data released yesterday indicated that the German ZEW Economic Sentiment rose to a level of 34.9 in December. The ZEW Economic Sentiment in the Eurozone also rose to a level of 31.8. The single European currency was also supported by the German Flash Manufacturing PMI which advanced to a level of 51.2 in December.

Data from the United States showed that the Flash Manufacturing PMI dropped to a level of 53.7 in December. The Building Permits and Housings starts in the US also registered a small drop.

Investors are now looking forward for the US CPI and Core CPI releases due in the afternoon and the FOMC Meeting Minutes, FOMC Statement and the Federal Funds rate due from the United States later today. The possibility of high volatility on the market during the FOMC releases exists and investors should be fully aware of the potential volatile price action which may be seen.

Support for the EURUSD is seen at 1.2414 and resistance is seen at 1.2553.

Image

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Fri Dec 19, 2014 9:43 am

Date : 19th December 2014

EURUSD CONTINUES TO PRINT NEW LOWS ON FRIDAY.


EURUSD dropped yesterday and closed at 1.2285. Data released yesterday indicated that the German Ifo Business Climate rose to a level of 105.5 in December. Data from the United States indicated that the Unemployment Claims during the last week dropped to 289K. On the other hand the Philly Fed Manufacturing Index dropped more than the market expectations to a level of 24.5 in December. The Flash Services Purchasing Managers Index also recorded a drop to a level of 53.6 in December. The CB Leading Index month over month came out in line with the market expectations at a reading of 0.6 percent in November.

Image

No major economic releases are due from Europe and the United States for the rest of the trading day, but investors should be fully aware that any potential market commentary may bring volatility on the market.

Support for the EURUSD is seen at 1.2258 and resistance is seen at 1.2369.

Image

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Mon Dec 22, 2014 10:12 am

Date : 22nd December 2014

EURUSD TRADING LOWER AHEAD OF THE US EXISTING HOME SALES REPORT.


EURUSD dropped on Friday and closed at 1.2227. The German Consumer Confidence Index rose to a level of 9. The Current Account in the Eurozone dropped more than expected to 20.5B in October. In the United States the Kansas Fed Manufacturing Index rose to a level of 8.0 in December, beating the market expectations for a steady reading of 7.0 which was recorded during the previous month.

The President of the United States Federal Reserve in Richmond Jeffrey Lacker supported the latest decision of Fed to keep the interest rates steady and added that he would look for a little more data before actually supporting an interest rate hike.

Support for the EURUSD is seen at 1.2218 and resistance is seen at 1.2349.

Image

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Tue Dec 23, 2014 9:32 am

Date : 23rd December 2014

EURUSD PRINTING NEW LOWS AHEAD OF THE US FINAL GDP REPORT.


EURUSD rose yesterday and closed at 1.2229. Data released from the Eurozone indicated that the Consumer Confidence in the single currency bloc rose slightly to -11 in November. In Germany the Import Price Index dropped to -0.8 percent on a monthly basis in November.

Data from the United States showed that the Existing Home Sales dropped to a six-month low in December coming at a reading of 4.93M.

Investors are now looking forward for the Final GDP data for the 3rd quarter from the United States as well as the Core Durable Goods Orders month over month and the New Home Sales reports. During the time of the releases high volatility may be seen on the market and investors should be fully aware of that.

Support for the EURUSD is seen at 1.2205 and resistance is seen at 1.2300.

Image

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Fri Jan 02, 2015 7:58 am

Date : 2nd January 2015

EURUSD CONTINUES TO PRINT NEW LOWS IN THE FIRST TRADING DAY FOR 2015. US ISM MANUFACTURING PMI DUE TODAY.


EURUSD dropped on Wednesday and closed at 1.2100. The President of the European Central Bank Mario Draghi indicated that ECB is in technical preparations to amend the size and the speed of its measures in 2015. Yesterday Lithuania became the 19th member o the single currency bloc.

Data released on the 31st of December indicated that the Unemployment Claims in the United States rose to 298K. The Chicago PMI dropped to a level of 58.3 in December 2014.

Investors are now looking forward for the ISM Manufacturing PMI due from the United States later today.

Support for the EURUSD is seen at 1.2046 and resistance is seen at 1.2130.

Image

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Mon Jan 05, 2015 9:15 am

Date : 5th January 2015

EURUSD PRINTED FRESH 9 YEAR LOWS ON WORRIES OF GREEK EUROZONE EX.


EURUSD dropped on Friday and closed at 1.2001. The Manufacturin PMI in Germany remained unchanged at a reading of 52.1 in December 2014. On the other hand the Manufacturing PMI in the Eurozone dropped to a reading of 50.6 in December. Data released from the United States revealed that the ISM Manufacturing PMI dropped of 55.5. The Final Manufacturing PMI in the US also dropped to a level of 53.9 in December.

Over the weekend fears about a potential Greek exit of the Eurozone if the Greek opposition party Syriza wins the elections in January caused large gaps on the market. EURUSD stops were triggered and the pair hit a 9 year low level dropping to 1.1856.

Investors are now awaiting the German Preliminary CPI data and the speech of the FOMC Member John Williams.

Support for the EURUSD is seen at 1.1869 and resistance is seen at 1.1978.

Image

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Tue Jan 06, 2015 9:53 am

Date : 6th January 2015

EURUSD TRADING BELOW THE 1.19 LEVEL AHEAD OF THE US SESSION. ISM NON-MANUFACTURING PMI FROM THE UNITED STATES DUE TODAY.


EURUSD dropped yesterday and closed at 1.1932. The German Preliminary Consumer Price Index remained flat in December against the market expectations of a 0.1 percent rise. On the other hand the Sentix Investor Confidence in the Eurozone rose to a level of 0.9 in January. The number of unemployed people in Spain dropped to a level of 64.4K in December.

During his statement the President of the United States Federal Reserve in San Francisco, John Williams opined that the increase of the interest rates should be gradual at the beginning. He also indicated that the policymakers have been discussing the potential rate increase by the middle of 2015.

Investors are now looking forward for the ISM Non-Manufacturing PMI due from the United States later today.

Support for the EURUSD is seen at 1.1869 and resistance is seen at 1.1978.

Image

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Wed Jan 07, 2015 10:10 am

[CENTER]Date : 7th January 2015

EURUSD PREPARING TO TEST THE 1.18 LEVEL AFTER NEGATIVE CPI FROM THE EUROZONE AND BETTER THAN EXPECTED ADP NON-FARM EMPLOYMENT CHANGE REPORT FROM THE UNITED STATES.
[/CENTER]

EURUSD dropped yesterday and closed at 1.1889. The Final Services PMI in the Eurozone came out closed to the market expectations at 51.6. The same report from the United States followed and also came close to the market expectations at a reading of 53.3. The ISM Non-Manufacturing PMI failed to meet the market expectations and came out at a reading of 56.2 in December.

Image

Data released today pushed to EURUSD even lower. The CPI Flash Estimate year over year report from the Eurozone came out at a reading of -0.2 percent. That’s the first time since 2009 where the Eurozones’s CPI declines. A report from the United States pressurized the single European currency after the ADP Non-Farm Employment Change came out better than the market expectations at a reading of 241K.

While the EURUSD is looking to potentially break the 1.18 level investors are looking forward for the FOMC Meeting Minutes due later today.

Support for the EURUSD is seen at 1.1817 and resistance is seen at 1.1936.

Image

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Thu Jan 08, 2015 8:25 am

Date : 8th January 2015

EURUSD KEEPS PRINTING NEW LOWS IN THE EUROPEAN SESSION. THE US UNEMPLOYMENT CLAIMS REPORT DUE TODAY.


EURUSD dropped yesterday and closed at 1.1838. The Consumer Price Index in the Eurozone dropped -0.2 percent on an annual basis in December. The fall of the prices for a 2nd consecutive month might pressurize the European Central Bank to start its stimulus program immediately.

Image

The FOMC Meeting Minutes showed that most of the Fed officials agreed that the central bank do not consider increasing rates before April 2015. The Trade Balance in the United States came out better than expected at -39.0B in November 2014. The positive tone for the US dollar was also confirmed by the better than expected ADP Non-Farm Employment Change report which came out 241K in December against the expected reading of 227K.

Investors are now looking forward for the Unemployment Claims report.

Support for the EURUSD is seen at 1.1763 and resistance is seen at 1.1889.

Image[/CENTER]

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

Re: Hotforex.com - Market Analysis and News.

Postby HFblogNews » Fri Jan 09, 2015 10:24 am

Date : 9th January 2015

EURUSD TRADING FLAT AHEAD OF THE US NON-FARM PAYROLLS REPORT.


EURUSD dropped yesterday and closed at 1.1792. The single European currency came under pressure after the German Factory Orders dropped 2.4 percent on a monthly basis in November. On the other hand the Retail Sales data from the Eurozone came out better than expected recording a gain of 0.6 percent in November.

Data from the United States indicated that the Unemployment Claims during the last week were 294K which was close to the market expectations of a reading of 291K and less than the previous week’s report of 298K.

Investors are now looking forward for the US Non-Farm Employment Change report and the Unemployment rate data. The possibility of high volatility on the market prior and after the releases exists and investors should be fully aware of it.

Support for the EURUSD is seen at 1.1763 and resistance is seen at 1.1889.

Image

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers.
User avatar
HFblogNews
 
Posts: 2025
Joined: Thu Jun 26, 2014 7:28 am

PreviousNext

Return to EUR/USD



cron