Daily technical analysis

ECB did not change interest rates

The European Central Bank has held a meeting, at which decided to keep the base interest rate at the current level. The interest rate on deposits has remained the same

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Saxo Bank’s shocking outlook for 2019

Saxo Bank has made a shocking forecast for 2019.  Saxo Bank chief economist Steen Jakobsen commented: “We find the forecast rather interesting and intriguing. It enables investors to keep an

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Technical Analysis for 24/01/2017

EUR / USD – EURO US DOLLAR The speech of the new US president after his inauguration added to the pessimistic mood of investors and caused the next drop of

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Technical Analysis for 23/01/2017

EUR / USD – EURO US DOLLAR The main event of the previous week is the inauguration of Donald Trump. This event and the statement of Janet Yellen influenced the

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Technical Analysis for 20/01/2017

EUR / USD – EURO US DOLLAR The European regulation body kept the interest rate at the same level. Deposit account rates also stayed the same. The key event is

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Technical Analysis for 19/01/2017

EUR / USD – EURO US DOLLAR The euro showed a temporary growth as a result of the consumer reports rate for December. Further the euro left the weekly minimum,

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Technical Analysis for 18/01/2017

EUR / USD – EURO US DOLLAR The dollar is dropping while the euro is stabilizing. Investors are waiting for the consumer price rate to be published. According to forecasts,

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Technical Analysis for 17/01/2017

EUR / USD – EURO US DOLLAR The growth of the trading balance in Europe is higher than it was forecasted. Though, the main event shall be the decision of

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Technical Analysis for 16/01/2017

EUR / USD – EURO US DOLLAR The American currency started recovering. The euro dropped in price, even though the reports on bulk prices from Germany and  consumer prices in

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Technical Analysis for 13/01/2017

EUR / USD – EURO US DOLLAR The European currency stopped growing in relation to the dollar. That could not be avoided even though there was optimistic news from Europe.

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