Market Outlook

Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
EURCAD: Downwards to Nowhere
EURCAD Looks Bearish on All Timeframes but Which Support Can Hold It? The strengthening of the Canadian economy cannot be separated from the success of the government in handling the Omicron variant cases. Meanwhile in other parts of the world, in Europe to be precise, several governments in the blue continent countries had to relax their COVID policies when Omicron infected workers in vital
11-01-2022 07:33
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
GBPJPY, Time for Correction?
GBPJPY Has Been Very Bullish for the Last Time, When Will it Be Retraced? The bullish trend for GBPJPY does not need to be doubted. This pair successfully closed bullish for the last 5 weeks. This was partly due to the policy of the Bank of England (BoE) which increased the UK interest rate from 0.10% to 0.25% last December. On the other hand, there was a tightening of the economy in Japan,
10-01-2022 06:04
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
USDCHF Breaking Key Level, Reaching Top Level Since Christmas
USDCHF Closed Bullishly and Break Its Daily Resistance Yesterday, USDCHF closed with a strong bullish trend and successfully breaking the key level at 0.91900. The main reason of this bullish is the Fed decision to increase US interest rate. Moreover on last Wednesday FOMC, Fed gave hawkish signal that leads to appreciation value for USD. On the other hand, Switzerland's economy is also good;
07-01-2022 07:42
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
EURGBP Keeps Declining with Rising Interest Rates
Euro Pound Falling Down to a Near Long-term Support After the Bank of England (BoE) increased UK's interest rates at the end of last December, Pound Sterling's value increased significantly, pushing the EURGBP pair further down, breaking the weekly and daily support, reaching out to the monthly support. From an inflation perspective, the UK inflation won't top to the 6% vicinity until April –
06-01-2022 06:18
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
USDJPY Skyrockets Early in 2022
Pair’s Traders and Fans Rejoice Over Price Skyrocket USD/JPY skyrockets after price continuously creates support and breaks resistance. This pair has seen reaching this high way back in January 2017. Thanks to the efforts of the American government to deal with Covid-19 and also bullish sentiment for USD that includes the Fed's signals to tapering and interest rate hikes. Quick Recap on
05-01-2022 07:31
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
Daily Technical Analysis: ETH Still Weak!
ZFX Indonesia – Today's technical analysis will focus on forex, indices, American stocks, and cryptocurrencies. Also, at the end of the article there is a trading idea (signal) for CADCHF that might be an insight for you. Every afternoon in the London session, ZFX provides a technical analysis or outlook in the form of a video, don't forget to check the analysis video. So how about today's
04-01-2022 09:37
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
Daily Technical Analysis: AUDUSD Taking 2022 by the Bullhorns
ZFX - The AUDUSD pair is looking to throttle into 2022 with a long-term bullish bias. [caption id="attachment_283162" align="alignnone" width="640"] Monthly View of AUDUSD. Graph taken from TradingView.[/caption] The all-time-high for the AUDUSD pair was reached way back on Feb. 25 at 0.8006 with a soft resistance of 0.8000. It wasn't until Dec. 3 that the price low was reached (which was
31-12-2021 10:15
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
Daily Technical Analysis: McDonald’s Shares Hit ATH!
ZFX – Today's technical analysis will focus on Forex, Indices, American Stocks and Cryptocurrencies. Also, at the end of the article there is a GBPNZD trading idea (signal) that might be an insight for you. Every afternoon in the London session, ZFX provides a technical analysis or outlook in the form of a video, don't forget to check the analysis video on our YouTube channel! So how
30-12-2021 08:28
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
Technical Analysis: XAUUSD Needs to Retrace First!
ZFX - Today's technical analysis will focus on Forex, Indices, American Stocks and Cryptocurrency. Also, at the end of the article there is a trading idea (signal) NZDUSD that may be an insight for you. Every afternoon during the London session, ZFX Indonesia provides technical analysis or outlook in the form of video, don't forget to check the video analysis on our YouTube channel! Well how
29-12-2021 12:02
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
Daily Technical Analysis: Bitcoin at $50,000 Yet Again!
ZFX - Today's technical analysis will focus on Forex, Indices (Hang Seng), and Cryptocurrencies (BTCUSD). Also, at the end of the article there is a EURGBP trading idea (signal) that might be an insight for you. Every afternoon in the London session, ZFX provides a technical analysis or outlook in the form of a video, don't forget to check the analysis video on our YouTube channel! So how about
24-12-2021 07:55