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  1. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: March 15, 2019 The euro major pair moved in a two-way price movement driven by investor sentiment because of headlines. There is high-risk appetite throughout the day which supported the euro to move in a positive price action early in the day. However, news of a...
  2. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: March 13, 2019 Yesterday’s trading of the EUR/USD pair began in a subdued manner for this week. Meanwhile the price moved upward during the Asian and early European session which limited the gains of investors prior to the UK parliament meeting and limits having...
  3. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: March 11, 2019 The euro is trading higher on Monday for a while prior to the opening of the US session, driven by the reaction of the market to oversold induced by a steep decline last week. The dovish signals from the ECB last week affect the long-term price...
  4. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    USD/JPY Technical Analysis: February 22, 2019 The dollar against the Japanese yen is trading slightly higher on Friday amid a relatively low volume. For the sixth trading day, volatility stays below the average after below expectations outcome of the US economic data. Various data including...
  5. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: February 8, 2019 After four succeeding bearish trading, the euro major pair finally gained some momentum towards the end of the week. However, the euro bulls have limited the downward movement and close optimistically for the week. The week began with the US...
  6. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: February 7, 2019 The euro major pair is moving in a steady decline following a bearish breakthrough during the US session. Yesterday, it closed on optimistically for the fifth straight session after it struggled in the morning when Donald Trump gave his speech...
  7. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: February 6, 2019 The euro major pair had a steep drop during yesterday’s trading as the US dollar took the lead in the broad market for the fourth straight days. And yet, the pair was able to move downward with the recent price rally of the pair boosted by the...
  8. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: February 4, 2019 The euro major pair movement was driven by fundamental data, bringing a mixed price reaction. After a very active month, February began with optimism on trading the EUR/USD pair. Yet, it was not able to surpass the high levels with not so good...
  9. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: February 1, 2019 The euro major pair is consolidating close to the previous low during trading session amid high-risk appetite in the broad market which limited the decline to 1.14, which has been steady support across the week. News on trade deal being extended...
  10. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: January 31, 2019 The euro major is trading within the range close to last night high during the Asian market hours. The profit gain gave a bullish trend previously after the statement from MPC, who decided to keep the interest rates as anticipated. Yet, the...
  11. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: January 23, 2019 The euro closed on a neutral stance yesterday after a sudden two-way price action due to recent headlines. While there is a high demand for safe-haven assets reaching a 16-day low in the early trading session, the US equities dropped on conflict...
  12. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: January 21, 2019 The euro major pair struggles amid the geopolitical and economic problems that resulted in calm price action. It broke the significant support level of 1.1364 on Friday. It drops as low as 1.1353 given the dovish pressure from the European market...
  13. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: January 15, 2019 The euro was able to close yesterday with optimism despite risk-off trading that is predominant in the market after a disappointing release from Chinese import and export data. Today, we can expect the pair trading range-bound with a bit of a...
  14. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: January 10, 2019 The euro major pair was successful to have a bullish breakout in a wider price range for the past three months. It was driven mainly by a dovish Fed meeting after an update in China-US trade deal which was being followed by almost everyone...
  15. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: December 27, 2018 After the holidays, the pair has moderate gains while the pair undergoes pressure on Wednesday, removing weekly gains. However, despite no macroeconomic data releases and thin trading sessions, the dollar strengthened amid the rising US Treasury...
  16. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: December 26, 2018 The euro major pair began with a lead over the dollar for this week due to various negative reasons such as high tensions with the US government tension concerning the White House and the Federal Reserve. Trading has been calmed during the Asian...
  17. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: December 19, 2018 The euro major pair stays higher than the mid-level of 1.13 during the Asian session today. Early morning the price grew by 100 pips from Friday last week low of 1.1270 and rebounded from a two-week low and continues to move forward on Tuesday...
  18. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: December 17, 2018 The euro major pair had a reduction triangle breakdown on Friday after the rise of global growth fears, resulting for traders to shift to equities to minimize risks. The pair is currently trading in the flat as investors are looking forward to...
  19. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: December 12, 2018 The euro major pair is trading within a range after the sudden drop to the overnight lows at 1.1400 below the middle of 1.13. The US dollar reversed the majority of its early losses following the release of the core PPI data which is one of the...
  20. Obasi FXMart

    Daily Market Analysis from ForexMart (Fundamentals)

    EUR/USD Fundamental Analysis: December 11, 2018 The euro major pair induced a bearish outside reversal on Monday and was not successful to breakthrough the symmetrical triangle on another Brexit uncertainty. The UK Prime Minister Theresa May postponed the vote on the exit deal which was...