When the European market opens, some economic news will be released such as the Belgian NBB Business Climate, Long Term Refinancing Option, Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash Services PMI, and French Flash Manufacturing PMI.
Thursday, June 23, 2016
Monday, June 6, 2016
Daily Report in FOREX .. Read more ..
EUR/USD: This pair shot upwards on Friday, overturning the bearish outlook on the market. Since the price has moved upwards by 220 pips, a bullish signal has been formed. However, EUR needs to continue to be stronger than USD for this pair to continue moving upwards; otherwise things could reverse in favor of bears. After all, the outlook on EUR is bearish for the month of June.
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