Forex Market Outlook March 11, 2019

Forex Market OutlookEURUSD has gained 0.3% to the last sessions to stochastic enters the positive area.

Crude oil has fallen 0.8% in the last session the commodity channel index is giving a positive signal.

Bitcoin has gained 1.6% in the last session flirting with a 4k mark the ATR enters the high volatility area.

Gold has bounced up 1% in the last session sending the ATR into the high volatility area.

 

US Retail Sales will be released at 12:30 GMT.

Japanese Machine-Tool Orders at 6:00 GMT.

German industrial production at 7:00 GMT.

German Exports at 7:00 GMT.

German Trade Balance at 7:00 GMT and the

US Business Inventories at 14:00 GMT.

 

British Pound extended declines against the Dollar after the UK reportedly rejected the EU latest offer.