wrapper

Monday, 29 December 2014
Daily Technical Analysis

GBP/USD Daily Forecast - 30 December

Sterling finished yesterday's session few points above 1.5520 level. It was a less eventful session with no data releases both from UK and USA but pair spent most of it in decline testing 1.55 handle once again. We believe that this is the sign of general bearishness and though we are still within consolidation range and would place any larger bids at the moment, we do recognize the fact that break below 1.55 handle would be a signal for start selling the market with a target set at 1.50 handle. Read more...

Monday, 29 December 2014
Daily Technical Analysis

AUD/USD Daily Forecast - 30 December

Aussie went back and forth during the session on Monday, with a daily closing few points above 0.8130 level. It was a tighter-range trading, within 50 points, without any major data releases both from Australia and USA, and with holiday season having negative impact on the liquidity. With no data releases from Australia tomorrow, we can expect similar trading. Read more...

Friday, 26 December 2014
Weekly Technical Analysis

EUR/USD Weekly Forecast - 29 December - 02 January

Euro continued its downtrend last week though in somewhat tighter-range with a support around 1.2150 level and resistance above 1.2250 area, since there were no major data releases from Eurozone and with euro coming under pressure after much better than forecasted US GDP figures. Next week should also be less volatile since with New Year holiday in focus so we cannot expect large movements.

Read more...
Friday, 26 December 2014
Weekly Technical Analysis

GBP/USD Weekly Forecast - 29 December - 02 January

Sterling even broke below 1.55 handle at one moment in the course of the last week but managed to rebound and finish it around 1.5550 area. Sterling came under pressure after much better than forecasted US GDP data. Main market mover next week will be UK Manufacturing PMI data, though with New Year holiday and holiday season still there will probably be less volatility at the markets.

Read more...

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.