Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, August 18th EUR/USD tested the 1.1050 level falling for the fourth consecutive session as currency traders are waiting to see the release of the FOMC July meeting...
Currently #GBPUSD is declining but CPI data in the #UK may turn everything upside down. As for #Gold, downtrend is not instant now, but the #price is close to the area of unpredictable turbulence. Find out more by checking out the Source Link...
Morgan Stanley is continuing to make a weekly forecast for the currency pairs making on technical analsysi, fundamental analysis and for some Morgan Stanley's expectation about what they want for us to do for example sorry...
H1 price is located between 100 hour SMA and 200 hour SMA: the price is trying to break 200-SMA from above to below for bearish market condition. The price is ranging within consolidating intermediate support/resistance levels which as 1.5595/1.5579 for the 1.5626/1...
Unlike yesterday, on Tuesday we expect lots of important statistics. #RBA has already published its meeting minutes. The #market is waiting for CPI data in the #UK and some important #indicators of the real estate market in the #USA. Find out more by checking out the Source Link...
US Dollar - "Aside from data and the long weight for a return to active sentiment fluctuations, there is another motivator that Dollar traders should keep tabs on as it is unusual active: reserve interest...
Daily price is located below Ichimoku cloud for the primary bearish market condition with secondary ranging between the following s/r lines: 1126.67 key resistance level located below Ichimoku cloud on the border with secondary ranging and bear market rally, and 1164...
As of now, it looks like the gold price is going to continue going up, hence closed the SELL order with profit of around $30. Even if it going to retrace down, probably it will do so only tomorrow...
GBP/USD Forecast Aug. 17-21 GBP/USD rebounded last week, posting gains of close to 100 points. The pair closed the week just shy of 1.5597. This week’s highlights are CPI and Retail Sales. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD...
GBPUSD: Having GBP reversed its Friday gains during Monday trading session, the risk is more weakness to occur. While holding below its cluster of resistance at the 1.5689/77 zone, further decline is likely towards the 1.5550 level where a break if seen will aim at the 1.5500 level...
Outer lowflationary powers keep on keeping UK expansion fundamentally frail, while locally created swelling seems to have been building up as of late, yet is still excessively feeble, making it impossible to counterbalance the impact of modest vitality and imports...
Paid the price of not waiting for the candle to close. Should have waited for the H4 candle to close before deciding on the trade. The gold price doing a double top at fibo level of 50...
It is time to make money Everybody wants to make money and the more, the better. People become traders in the hope of easy pickings and, as a result, it appears that it is hard work, requiring iron discipline and dedication for regular and stable income...
The #market is calm today and the #volatility is low, because there are no important statistics or ambitious #news. But #traders should not drop their guard in any case. Be in the picture with our #TechnicalAnalisys: #Gold, #USDJPY, #EURUSD, #GPBUSD. Find out more by checking out the Source Link...
Today we can see this special episode of the Keiser Report from Chicago. Max Keiser and Stacy Herbert discuss the ‘great manufacturing meltdown’ in the ‘great state of Chicago.’ As usually, in video they will talk about economy, financial problems and the latest news from media...
Since there are some indications of the eurusd price going to 1.09 before going up and the BUY order could turn negative, closed the BUY orders on a profit. If there are positive indications for a BUY from 1.09, then will enter a BUY order in eurusd. Expect the price to reach 1...
#Oil is at 6-1/2 year low amid slowdown of the major Asian economies: Japan and China. The #US statistics also does not give the black gold any reasons to rise. Should we expect a further decline? Find out more by checking out the Source Link...
It seems that the gold price is headed towards 1091.5 or 1097.5 as mentioned in some of my previous posts. Since, i did not want to lose the profit gained so far, entered a SELL order for 0.2 lot size. Will decide about keeping the BUY order after the downward price retracement...
BNP Paribas together with the other int'l financial groups are continuing to make some forecast and analysis concerning about the following: when USD will start to become more stronger this year...
USDJPY: Having capped its strength at the 1.2506 level to close marginally higher the past week, further corrective weakness is envisaged. On the upside, resistance resides at the 124.50 level with a turn above here aiming at the 125.00 level. A break will target the 125.50 level...
