Forex Market Outlook 2/13/2019

Forex Market Outlook

AUDUSD has shown slight losses in the last three sessions falling 0.4% in the last session ROC enters the oversold area.

EURUSD has shown slight losses in the last session stochastic enters the negative area.

The price of crude oil has lost 0.7% in the last session the stochastic RSI settles in the overbought area.

GBPUSD has seen some downward movement falling 0. 8 % in the last two sessions stochastic remains negative.

US consumer price index will be released at 13.30 GMT.

UK retail price index at 9:30 GMT.

UK consumer price index at GMT the euro zone’s industrial production at 9:30 GMT.

US MBA mortgage applications at 12:00GMT.

Japanese gross domestic product of 23;50 GMT.

Apple iPhone sales in China fell 20 percent year-on-year in the fourth quarter of 2018.

Analysts claim oil prices could fall if disappointing UK GDP data amplifies fears about a global economic slowdown.