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USDJPY: With the pair halted its weakness to strengthen on Monday, it faces the risk of further move higher in the days ahead. On the upside, resistance resides at the 120.00 level with a turn above here aiming at the 120.50 level. A break will target the 121.00 level...
EUR/USD has moved closer to the upper-side of its daily range but overall continues to trade very quietly given the US Labour Day holiday. EUR/USD recovered some ground and has continued to move away from last week’s lows but lacked...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish Though EURUSD consolidated for the most part last week, the bias on the market is bearish as bullish pressure has seriously waned. This pair consolidated to the downside and might reach the support lines at 1.1100 or even 1...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish Though EURUSD consolidated for the most part last week, the bias on the market is bearish as bullish pressure has seriously waned. This pair consolidated to the downside and might reach the support lines at 1.1100 or even 1...
Morgan Stanley believes in neutral JPY related to USD that means the bullish trend to be continuing with secondary ranging market condition: JPY: Watch Wages. Neutral...
The European Central Bank’s plan to pour cash into the financial system by purchasing bonds was supposed to ignite the same celebration of risk-taking it did in the U.S. six years ago...
GBPJPY: With the cross halting its weakness to trigger a rally during Monday trading session today, further bullish offensive is expected in the days ahead. This price action leaves room for more strength towards the 183.00 level followed by the 184.00 level...
Current trend On Friday, the price of Brent crude oil continued falling and reached the level of $50.00 per barrel. The price started the fall after the ECB revised it economic forecasts for the eurozone...
Friday’s August nonfarm payrolls report did little to change analysts’ expectations, which are split almost evenly, that the Fed will raise rates on September 17...
Morgan Stanley estimated the EUR to be in neutral situation related to fundamental factors - the price will be ranging within the familiar levels: EUR: The ECB Pushes Back. Neutral...
Oil prices were down slightly on Monday as traders start to position ahead of economic growth data from the eurozone due out this week...
According to a new poll, more citizens of the United Kingdom expressed willingness to leave than to stay in the European Union. The potential for an exit has spurred real concerns among British businesses and investors, which have enjoyed trading benefits associated with EU membership...
Market sentiment has been damaged with the recent correction and will hardly improve in the short term, setting stocks up for a volatile September as international worries overshadow domestic ones...
This post is relevant, if you are running an EA (Expert Advisor). If you are using VPS (Virtual Private Server). This post is about your VPS restarted while you are sleeping and dreaming about the growth you gonna make when your EA did some successful trades...
Morgan Stanley believes in bullish USD irrespective of commodity, China and some insinuations around Fed hike: USD: USD Strong Against EM. Bullish. "We believe that USD strength will continue to be focused against commodity and EM currencies...
This week starts with a very quiet economic calendar but continues potentially with three policy meetings of major central banks. Moreover, market players expect the euro area and the U.K. to release the final GDP, and Australia and the U.K...
On Monday, the Shanghai market was jittery, despite calming comments from the governor of China’s central bank over the weekend and more efforts by the government to contain market rout. The Shanghai Composite gauge was up nearly 2% earlier, before falling back to close with a loss of 2...
The long-term “bearish divergence” in the S&P 500’s chart signals it is still much too soon to try to pick a bottom. Let us have a look at four charts...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 7th AUD/USD is slowly recovering after decline of last week, when the pair fell below 0.70 to 0.6908 level – the six year lows. Data showed that job advertisements in Australia rose 1...
