TheGeekKnows | Forex Made Easy
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Offering correlation reports and opinion articles, thegeekknows.com has a great section on foreign exchange education, making it ideal for beginners. Just in this part of the site alone you can discover great blog entries on forex software tools, risk management techniques and tips on investing in weaker currencies. It also has a handy gold price forecast page.
TheGeekKnows | Forex Made Easy
2y ago
Inflation sizzling in the eurozone Inflation has been skyrocketing in the US and UK, giving the Fed and BoE plenty of sleepless nights. Inflation levels had been lower in the eurozone, and ECB President Christine Lagarde has not made inflation a priority, arguing that high inflation would ease. Meanwhile, eurozone inflation for March jumped to ..read more
TheGeekKnows | Forex Made Easy
2y ago
The dollar dropped on Wednesday, with the safe-haven currency hitting a nearly two-week low, while the euro rose on cautious optimism over peace talks between Russia and Ukraine. The dollar index, which measures the greenback against a basket of six peer currencies, was down 0.56% at 97.85, having earlier touched its lowest level since March ..read more
TheGeekKnows | Forex Made Easy
2y ago
Daily Market Analysis from NordFX in Fundamental_zQ2SMLl Daily Market Analysis from NordFX in Fundamental_kXTaon5 Daily Market Analysis from NordFX in Fundamental_oziZt4m Forex and Cryptocurrency Forecast for March 21 – 25, 2022 EUR/USD: Has the Market Gone Crazy? What happened in the market after the US Federal Reserve meeting can be called "the theater of the ..read more
TheGeekKnows | Forex Made Easy
2y ago
Euro, EUR/USD, EUR/CHF – Talking points EUR/USD TECHNICAL OUTLOOK After making a 2-year low at 1.08062 two weeks ago, EUR/ USD has managed to gain some short-term bullish momentum as it crossed above the 10-day simple moving average (SMA) and it’s gradient is positive. Further bullish momentum may unfold if the price is to cross ..read more
TheGeekKnows | Forex Made Easy
2y ago
EUR/USD prints three-day downtrend on breaking fortnight-long support. DXY renews weekly top as yields rally on hawkish Fed, ECB’s Lagarde refrains from following Fed. Ukraine-led fears ease as Russia again avoids default, Kyiv ready to discuss separation from NATO. Speeches from ECB, Fed policymakers to join Russia-Ukraine headlines to direct immediate moves. EUR/USD pares intraday ..read more
TheGeekKnows | Forex Made Easy
2y ago
Financial markets continue to reject risk due to the crisis in Eastern Europe. Investors were surprised by a tightening of monetary policy by the US Federal Reserve. A new yearly low of 1.0805 is on the horizon for the EUR/USD pair. The EUR/USD weekly forecast is slightly positive as the US dollar retreated last week ..read more
TheGeekKnows | Forex Made Easy
2y ago
US Dollar, EUR/USD, GBP/USD, AUD/USD, USD/JPY – Weekly Technical Outlook EUR/USD – Bearish The US Dollar ended little changed against the Euro this past week, but it should be noted that EUR/ USD trimmed all its gains that it once achieved from earlier in that period. While this is primarily a technical piece, it should ..read more
TheGeekKnows | Forex Made Easy
2y ago
EUR/USD ANALYSIS EURO FUNDAMENTAL FORECAST: BEARISH The Euro zone is under pressure from rising inflation due to commodity supply constraints (of which monetary policy cannot rectify) as well as its reliance on Russia/Ukraine. This has only exacerbated the divergence between the Fed and ECB respectively. Looking ahead to next week, the Fed’s interest rate decision ..read more
TheGeekKnows | Forex Made Easy
2y ago
EUR was one of the major beneficiaries of more positive sounding rhetoric from Russia’s Putin, with EUR/USD a tad higher. The pair currently trades in the 1.1000 area. But the pair remains very much in a downwards trend, with Thursday’s stagflationary ECB’s forecast revisions doing little to help. The euro has been one of the ..read more
TheGeekKnows | Forex Made Easy
2y ago
Central bankers rush to tighten monetary policies as inflation fails to recede. The Russia-Ukraine crisis continues to dominate financial markets. EUR/USD bearish case is firmly in place, lower lows for the year in sight. The EUR/USD pair kept trading on sentiment throughout the week, ending it at around the 1.1000 figure. The pair plummeted to ..read more