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Forex market reviews

19 December 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (19/12/17)

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DAX continues the upswing that started on the 6th of December when the price defended the 12900 points support. In the meantime brokers broke the mid-term downwards trend line and created the bullish wedge. The new week starts with nice upswing and the breakout of 13190 points (grey).
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15 December 2017

Market sessions

Gabriel Ojimadu

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EURUSD: frozen at the balance line

On Thursday the 14th of December, the ECB decided to maintain its key interest rate at 0.0% and the deposit rate at -0.4%. The euro/dollar pair jumped to 1.1863 after the publication of economic forecasts before dropping back to 1.1771 (-92) after Mario Draghi’s speech and the publication of US data.
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