EURGBP- The cross continues to hold on to its upside pressure closing strongly higher the past week and opening the door for more strength. Support lies at the 0.9200 level where a violation will turn focus to the 0.9150 level. A break will expose the 0.9100 level. Resistance resides at the 0...
GBP NZD GOING FOR NEW HIGHS AND VERY BIG LONG POSITION IN GBP NZD...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, August 25th The EUR/USD pair trades with bearish bias at the end of this week, extending its retreat below the level of 1.1800, having barely reacted on positive data from the German economy...
Market participants took a wait-and-see approach on the eve of the Fed Chairman's statement (14:00 GMT) and the ECB head (19:00 GMT). As follows from the minutes of the ECB meeting of July 20 published last week, the ECB's Governing Council is alarmed by the current strength of the euro...
USDCHF: With the pair continuing to hold on to its downside pressure despite its consolidation threats, more decline is envisaged. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level...
On Thursday, oil prices showed a slight decrease, without leaving the range between the levels of 53.00, 51.00 dollars per barrel of Brent crude oil. A wider range is located between the levels of 53.40, 50.0 dollars per barrel, in which Brent crude is traded last month...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, August 24th Seems that the EUR/USD pair corrects lower today, slipping below the level of 1...
RENKO MACD JATINPRHTVI...
Did you read the last post on Forex Scorpio Code by Vladimir Ribakov? He is giving his Forex Directional Edge Strategy FREE as part of pre-launch of Forex Scorpio Code. Forex Directional Edge Strategy is based on Bollinger Bands...
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GBPUSD: The pair continues to retain its downside pressure as it reversed its Monday gains to close on Tuesday. Support lies at the 1.2800 level where a break will turn attention to the 1.2750 level. Further down, support lies at the 1.2700 level...
According to a report published on Tuesday on economic and financial conditions in New Zealand, forecasts for the growth of the New Zealand economy were revised with a slight decrease...
GPB/USD At the moment the pound seems to be going to test the support in the range of 1.2275/59. The pair has now fallen below the Fibonacci mark at 1.2825 and is reaching the July low at the level of 1.2811. The fall below it will move the pair to the area of 1.2775/59...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, August 23rd The EUR/USD pair came out of its bearish consolidation phase in European morning and refreshed its daily highs at 1...
EURGBP- The cross closed higher on Monday opening the door for additional gains in the days ahead. Support lies at the 0.9100 level where a violation will turn focus to the 0.9050 level. A break will expose the 0.9000 level. Resistance resides at the 0...
EUR/GBP The inflation forecast, economical trends and effects of the 4th quarter — all this makes parity in EUR/GBP impossible, because the uncertainty around the Brexit does not outweigh these factors. Negative news for GBP is already appreciated by the Forex market, and the 0...
During today's Asian session and at the beginning of the European session, the US dollar is restoring its positions in the foreign exchange market...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, August 22nd The EUR/USD pair corrects lower after yesterday's rally, having broken through the level of 1.1800 on the back of recovery of the US dollar across the market...
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