Easy Pips Forex

Better Than Expected ISM Numbers Should Spur The Bear Market Rally Further
The manufacturing sector expanded by a slower rate in August than the previous nine months, we expect today’s ISM manufacturing report to show. The overall slowdown in the economy has been obvious over the summer and we expect it to continue heading into fall and winter. Practically all regional PMIs

EUR/USD – Wave Count and Zig Zag Projection
Although the market was bearish for most of the first 2 sessions. The third session this week started pushing up the Euro in the Asian session. This accelerated in the European session. This is not surprise ahead of the Non-Farm payroll. We expect some lower volatility but after the current

EUR/USD: Trading the Change in U.S. Pending Home Sales

The ongoing weakness in the U.S. housing market could spark a larger-than-anticipated drop in pending sales of existing homes, and the data is likely to spark increased volatility the exchange rate as investors as investors weigh the prospects for future growth.

David Song, Currency Analyst

Daily Forex Update: EUR/CHF
The downtrend on the EUR/CHF moved sharply lower today as the Swiss Franc gained against all major currencies-and the downtrend on the EUR/CHF shows how much the Franc continues to gain against the Euro. Negative sentiment is established enough that the bears will wait and sell into any rally. Therefore,

US ISM Manufacturing PMI increases to 56.3 in Aug from 55.5 in July
FXstreet.com (Barcelona) For more information, read our latest forex news.

For more information, read our latest forex news.

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