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Forex Forecast for EURUSD, GBPUSD, USDJPY, and USDCHF for 09 -13 January 2017

First, a review of last week’s forecast:

 – The main forecast for the EUR/USD pair had said that early in the week the pair could rise to 1.0685 or even higher to the 1.0700-1.0800 area. This is what happened in reality. By just Tuesday, the pair reached the 1.0720 level, before returning 130 points downwards and jumping back up again, finishing the week near the 1.0700 mark; 

 – GBP/USD. Regarding the behaviour of this pair, 50% of the experts predicted its movement to the north and graphical analysis indicated a target in the area of ​​1.2400-1.2500. This turned out to be 100% correct. In the first half of the week, the pair did the seemingly impossible: inspired by the speeches of the Governor of the Bank of England M. Carney and the British Prime Minister T. May, as well as by optimistic indicators of the economy of this island state, the pair leapt upwards by 430 points and returned to the strong level support/resistance of the last four months in the 1.2385-1.2415

The post Forex Forecast for EURUSD, GBPUSD, USDJPY, and USDCHF for 09 -13 January 2017 appeared first on forexnewstoday.net.


No Image

Forex Forecast for EURUSD, GBPUSD, USDJPY, and USDCHF for 09 -13 January 2017

First, a review of last week’s forecast:

 – The main forecast for the EUR/USD pair had said that early in the week the pair could rise to 1.0685 or even higher to the 1.0700-1.0800 area. This is what happened in reality. By just Tuesday, the pair reached the 1.0720 level, before returning 130 points downwards and jumping back up again, finishing the week near the 1.0700 mark; 

 – GBP/USD. Regarding the behaviour of this pair, 50% of the experts predicted its movement to the north and graphical analysis indicated a target in the area of ​​1.2400-1.2500. This turned out to be 100% correct. In the first half of the week, the pair did the seemingly impossible: inspired by the speeches of the Governor of the Bank of England M. Carney and the British Prime Minister T. May, as well as by optimistic indicators of the economy of this island state, the pair leapt upwards by 430 points and returned to the strong level support/resistance of the last four months in the 1.2385-1.2415

The post Forex Forecast for EURUSD, GBPUSD, USDJPY, and USDCHF for 09 -13 January 2017 appeared first on forexnewstoday.net.


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Passenger with heroin in his stomach caught at Riyadh airport

Author: 
Arab News
Sat, 2017-01-21
ID: 
1485007412406488200

RIYADH: Customs authorities at Riyadh’s King Khalid International Airport (KKIA) have foiled an attempt by a passenger to smuggle nearly a kilogram of heroin into the Kingdom, the Saudi Press Agency said on Saturday.
KKIA Custom chief Sultan Al-Faheed was quoted by SPA as saying the banned drug, weighing 865 grams and contained in 110 capsules, were found inside the passenger’s stomach during a routine inspection.
Al-Faheed said the drugs have been recovered and legal procedures have been taken against the smuggler.
Customs authorities have foiled similar drug smuggling attempts in the country’s airports in the past years.

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Turkey: Ruling party’s Istanbul headquarters attacked

A suspected Kurdish terror attack has struck Istanbul again, this time targeting Turkey’s ruling Justice and Development Party’s (AKP) headquarters in the centre of the historical metropolis with a rocket attack. Hours earlier, a major Istanbul police headquarters building was also attacked. The first attack involved an unknown number of militants, who fired off a rocket at the Istanbul Police Directorate in the Emniyet neighbourhood of Fatih district in central Istanbul. The governor of Istanbul, Vasip Sahin, said that the munitions used in the attack were anti-tank rounds fired from a rocket launcher. MEMO has seen photographs that indicate that the weapon used could be an M72 LAW, a US-made, single-shot anti-armour rocket launcher. According to the governor, there were […]


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UN envoy to Yemen returns to Riyadh without meeting Houthis

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UN envoy to Yemen returns to Riyadh without meeting Houthis

The UN Special Envoy to Yemen returned to Riyadh on Friday without meeting the Houthis or anyone representing ousted President Ali Abdullah Saleh, Moheet.com has reported. The rebels refused to sanction the visit by Ismail Ould Cheikh Ahmed until the coalition siege of Sanaa Airport is lifted. Riyadh was the first destination of a tour by Ahmed during which he also visited Doha, Muscat and Amman. He planned to conclude his tour with a visit to Sanaa, but the Houthis refused. On his return to Riyadh, the envoy met with Saudi Foreign Minister Adel Al-Jubeir and discussed the Yemen issue, official media reported, without giving further details. Sources close to the Houthis told Anadolu that they asked Ahmed to lift […]