EUR / USD: trend - bearish, medium long movement and lastly: a negative trend. A lower top and deeper bottom, sharp movements, which implies that today’s movements will be strong and sharp. Price below moving averages arranged in bearish formation...
USDJPY: The pair followed through lower on the back of its Thursday weakness during early trading on Friday. This leaves risk of more weakness. On the downside, support comes in at the 118.50 level where a break will target the 118.00 level. Below here if seen will aim at the 117...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 4th AUD/USD was one of the biggest losers this morning as traders switched to less risky assets ahead of high-volatility session on Friday. The pair opened trades at 0.7015 and subsequently fell to 0...
The Royal Bank of Scotland evaluated some scenarios concerning NFP for today (September 4 at 13:30 GMT). "250k to 300k: Long USD/CHF." "200k to 250k (Base-Case): Short EUR/USD." "150k to 200k: Short USD/CAD." "150k or below: Short USD/JPY...
#Forex is volatile today, prior to the important U.S. employment data. It's recommended to hold short positions in #EURUSD, which is falling after yesterday's #Draghi speech. As for #GPBUSD, we should wait for clear rebound #signals before entering the #market...
Have been expecting the formation of a 'W' zz formation in H4, but didn't expect the price to come to the current level. Probably the W looks more like a W at this price level. If the price goes below the previous low of 1.101, then it is going to be a free fall for the next few weeks...
Have been expecting the formation of a 'W' zz formation in H4, but didn't expect the price to come to the current level. Probably the W looks more like a W at this price level. If the price goes below the previous week's low, then it is going to be a free fall for the next few weeks...
M5 price is above SMA with period 100 (100-SMA) and above SMA with the period 200 (200-SMA) for ranging between the following key levels: 1.1139 resistance level located far above 200-SMA/100-SMA on the bullish area of the chart; 1...
The yen gathered pace on Friday as investors geared up for U.S. jobs data later in the day and shrugged off disappointing wages data. USD/JPY traded at 119.79, down 0.24%, while AUD/USD changed hands at 0.6995, down 0.33%.In Japan, preliminary wages data rose 0...
Today's U.S. employment data may determine dynamics of the #dollar and other #currencies for the near future. Also today the #G20 meeting opens in Turkey and Canada us going to release data on unemployment and employment at the same time with the #USA...
W1 price is on bullish market condition with secondary correction with the following key levels: 20975 key resistance level located far above Ichimoku cloud; if the price breaks this level from below to above so the bullish trend will be continuing...
USDCHF: With USDCHF strengthening further on Thursday, it looks to target further upside pressure. On the downside, support comes in at the 0.9700 level. A turn below here will open the door for more weakness to occur towards the 0.9650 level and then the 0.9600 level...
EURUSD: Bearish Momentum Turns Risk To Key Support. EURUSD: EUR took further losses on Thursday for a second day in a row This development leaves risk of more weakness towards its key support located at the 1.1016 level, its Aug 18 2015 low. Support lies at the 1...
An unfixed #profit on our #sales #trading position in #GPBUSD is still increasing and we had some #signals to add volume to it. Currently we are out of the #market in #USDJPY but have some pending orders. Find out more by checking out the Source Link...
2015-09-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Trade Balance] past data is -45.2B forecast data is -43.2B actual data is -41.9B according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
GBPUSD: The pair may have hesitated on Wednesday but continues to hold on to its downside pressure. This price action leaves risk of a move lower on the cards though with caution as we may see a temporary halt in weakness. On the downside, support lies at the 1...
#Forex #traders have high hopes for Friday's #non-farm #employment data to show the possibility of Fed rate hike. But can we judge on it by only one economic #indicator? Especially if it is not so reliable. Find out more by checking out the Source Link...
Current trend Yesterday, the American currency gained back some of its losses even amid the publication on not so much favorable US macroeconomic statistics. It happened partly due to the highly anticipated ECB meeting...
Softer commodity prices, hampering trade and a turmoil in global equities make it likely the European Central Bank president Mario Draghi will lower the bank’s quarterly inflation forecasts at his press conference later in the day...