Free Forex Signal – The Most at risk Currencies in 2017

Free Forex Signal

Free Forex Signal – The Most at risk Currencies in 2017

Free Forex Signal – The Most at risk Currencies in 2017 by FxPremiere Group.

Talking Points by FxPremiere Today:

Free Forex Signal Mostly All major currencies have both risks / opportunities whilst we move into the new forex trading year, but some tally a riskier score card.
The Euro shares a monetary policy issue similar to the BoJ and a trade barrier Pound with Brexit in sight.

The euro remains normal as EUR/USD trades at 1.0442. The Capital markets are likely to remain inline for the remainder of the forex week, as many investors have closed books prior to the end of the financial year, resulting in thin liquidity in the forex market. There are no European releases on the FX schedule, and the sole US event is Pending Home Sales. The indicator is expected to jump to 0.5%. On  Thursday, the US will release unemployment claims, with the estimate standing at 275 thousand with FX Signals on EUR/USD hitting Targets as predicted reaching the 1.04185 level. XAU/USD also hit Target at a Buy Final TP @ 1141.74 and USD/CHF hitting Target @ 1.02787 on a Sell. Free Forex Signal.

As 2016 begins its end, US consumers confidence in what forex analysts are describing as a post-election surge in optimistic. The Consumer Confidence report surged in December 2016 to 113.9, its highest level since August 2001. Free Forex Signal.

EUR/USD Fundamentals
Wednesday December 28

  • 15:11 US Pending Home Sales. Estimate 0.5%

Thursday December 29

  • 13:11 US Unemployment Claims. Estimate 275K
Free Forex Signal

Free Forex Signal – The Most at risk Currencies in 2017

EUR/USD Technical

  • EUR/USD posted small gains in the Asian session however it reversed directions in the EU session
  • 1.0413 is providing weak support
  • 1.0508 is the next resistance line

Further levels in both directions.

  • Below: 1.0413, 1.0289, 1.0173 and 1.0029
  • Above: 1.0506, 1.0616 and 1.0708
  • Current range: 1.0414 to 1.0506




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