Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, May 10th Today the EUR/USD pair performed attempt to recover from its nearly 2-week lows, witnessed during last trading session, but faced strong resistance just a few pips before 1...
As the electoral situation in France fades into the background, investors' attention is shifted again to the probability of an early increase in the interest rate in the United States. So, according to the CME Group, the probability of a June interest rate hike is estimated by investors at 88...
On 08 May 2017 08:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for GBPJPY currency pair at 146.505 under 29, 79, 9. The position closed on 10 May 2017 02:00 AM UTC at 147.389 and the profit was 0.6%. AdMACD parameters for GBPJPY on close were 29, 79, 9...
On 09 May 2017 07:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for USDJPY currency pair at 113.483 under 6, 15, 5. The position closed on 09 May 2017 06:00 PM UTC at 114.181 and the profit was 0.62%. AdMACD parameters for USDJPY on close were 6, 15, 5...
The Swiss unemployment rate decreased to 3.3% in April - but we recall that since 2011, the unemployment rate has increased from 2.7%. There are two major things that can be said about this. First, the Swiss economy is very resilient despite the strong franc and the jobless rate is still very low...
After falling 1.60% last week, the Australian dollar printed a fresh multi-month low amid disappointing retail sales. AUD/USD reached $0.7353 on Tuesday morning as retail sales contracted -0.1%m/m in March, missing estimates of +0.3% but this was better than a downwardly revised figure of -0...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, May 9th The EUR/USD pair was consolidating its yesterday’s drop during the Asian trading session, having stepped away from its half-year highs, posted at 1.1022 spot. As E...
EURCAD H4 CHART EURCAD price is at the FIBO 50.0 retracement level. CRUDEOIL price is moved a little bit up. It is a good intraday trade opportunity : SHORT EURCAD...
The graph shows the profit that the investor could receive in the Forex market, having completed only one transaction in 2016 - having opened the position on January 1 and having closed it on December 31...
Direct Emmanuel Macron, an ace EU ex-agent and past economy serve won French races. US. Nonfarm Payrolls and Unemployment Rate solid better than foreseen. The dollar is still in clear oversold extend...
EUR/USD The pair tested the area above 1.10 yesterday, but finished the day at the level of 1.0930. Now when political factors have been left behind, the economy of the Eurozone will take the main role again. Theoretically, it can limit the downward correction of the euro...
EUR/USD: Bullish: Diminished odds for further EUR strength. Despite breaking above the major 1.1000 resistance (high of 1.1023 early yesterday), EUR closed lower and registered a ‘bearish outside bar’...
USDJPY: The pair remains on the offensive leaving further upside pressure on the cards. Despite its current price hesitation this view remains valid. On the downside, support comes in at the 112.00 level where a break if seen will aim at the 111.50 level...
Last Friday, the last US labour market report surprised on the upside as the economy created 211k private job in April, beating forecast of 190k. Previous month’s reading was revised slightly to the downside (79k versus 98k first estimate). Similarly, the unemployment rate slid to 4.4% from 4...
Short-squeeze. • Crude oil is bouncing back on short-squeeze move. The commodity has reached a level below $44. Strong support is given at 42.20 (14/11/2017 low). Expected to see renewed bearish...
Starting a consolidation phase. • Silver is consolidating after the strong decline. Hourly support is given at 16.20 (04/05/2017 low). Strong resistance is given at a distance at 19.00 (09/11/2017 high). Expected to see continued...
Consolidating around $1230. • Gold continues its decline after the yellow metal has faded near the hourly resistance at 1295 (18/04/2017 high). Hourly support is now located at 1195 (10/03/2017 low). The road is...
Strong bullish pressures. • EUR/CHF's volatility is getting stronger and is now targeting resistance given at 1.0898 (08/12/2017 high). Despite the sharp increase and the recent bullish breakout which is very...
Trading sideways. • EUR/GBP is trading mixed. The technical structure remains negative as long as the resistance at 0.8530 (25/04/2017 low) holds. Expected to show continued weakness until...
