Free Daily Forex Market News 27/10/2016

EUR / USD

The EUR market increases +0.30% against the USD. Yesterday EUR/USD market closed at 1.0908. Today market will range 1.0892 – 1.0912.

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Today the EUR / USD started with -0.06%, down from yesterday close. The EUR / USD is trading now at 1.0901

Daily Camarilla Forex Technical analysis shows that the EUR/USD pair may find the immediate support at 1.0902 below which 1.0895 and 1.0888 could be tested. On the other side the immediate resistance 1.0916 and may go for further test 1.0923. A break beyond the last, doors will open for a test of 1.0930

Today Investors will look forward to the following economic data:

1. EUR – Spanish Unemployment Rate
2. EUR – M3 Money Supply y/y
3. EUR – Private Loans y/y

GBP / USD

GBP increases +0.66% against the USD and yesterday market closed at 1.2245.

Today the GBP / USD started with -0.22%, down from yesterday close. The GBP / USD is trading now at 1.2218

Daily Camarilla Forex Technical analysis shows that GBP/USD pair may find the immediate support at 1.2239 below which 1.2230 and 1.2221 could be tested. On the other side the immediate resistance 1.2257. A break beyond the last, doors will open for a test of 1.2266 and from there to 1.2275.

Upcoming Economic News:

1. GBP – Prelim GDP q/q
2. GBP – Index of Services 3m/3m
3. GBP – CBI Realized Sales

USD / JPY 

The JPY rose +0.76% against the USD during USA session and the pair was closed at 104.23 yesterday. Today Day’s Range 104.03 – 104.38.

Today the USD / JPY started with +0.02%, up from yesterday close. The GBP / USD is trading now at 104.49

Daily Camarilla Forex Technical analysis shows USD/JPY pair may find the immediate support at 104.41 below which 104.35 and 104.30 could be tested. On the other side the immediate resistance 104.53. A break beyond the last, doors will open for a test of 104.59 and from there to 104.64.

Upcoming Economic News:

1. USD – Core Durable Goods Orders m/m
2. USD – Unemployment Claims
3. USD – Durable Goods Orders m/m
4. USD – Pending Home Sales m/m

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