Weekly Outlook

Most Asian markets were slightly lower on Thursday following a key Federal Reserve interest rate hike in the US and as traders remain cautious ahead of new monetary meetings in the day.  

At Forex with the start of the American session, USD currency moved to some weakness, after data on consumer prices showed that the value of inflation was lower than analysts had expected.


The GBP/JPY pair moved to the red figures when sellers dragged the pound to the 151.50 region where the EMA50 blocked their way down. 


The euro remained heavily offered on Wednesday and extended its bearish momentum to the 133.00 region during the European hours.

The bullish market structure remained in place on Wednesday.


Buyers kept struggling with the 13100 level on Wednesday. 


NASDAQ remained positive on Wednesday trading around 6400.


EUR / USD continues to update its local lows amid stronger USD dollar. 

On Wednesday, the dynamics in the world stock markets are rather restrained, as the focus of investors shifted towards updated information from the Federal Reserve on the US economy forecasts and interest rates.