Forex Market Outlook 2/24/2019

Forex Market OutllokTwitter’s stock has dropped sharply in the last two sessions falling 3.4% the stochastic RSI is currently oversold.

Gold has fallen 1.1% over the last session the RSI is currently negative.

USDJPY has lost 0.1% over the last session the stochastic RSI remains negative.

Bitcoin has fallen 1.3% percent in the last session meeting the 4k mark the ADX is currently negative.

 

Japanese leading economic index will be released on Monday at 5:00 GMT.

Canadian consumer price index Wednesday at 13:30 GMT.

German Harmonized Index of Consumer Prices Thursday at 13:00 GMT.

US Gross Domestic Product annualized Thursday at 13:30 GMT.

Eurozone’s Consumer Price Index Friday at 10:00 GMT.

US personal spending Friday at 13.30 GMT

 

Ethereum sheds 3% as a crypto hedge fund manager specializing in shorting claims the market will continue downwards.

US stocks fell following a recent run of gains pressured by weak economic data and a drop-in health care shares.

Sterling remains steady despite the fact that the UK posted a rarely strong budget surplus in January.