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As expected, the RB of New Zealand maintained the current interest rate at the current level of 1.75%. The RBNZ meeting under the leadership of the new manager Grant Spencer took place after the general elections in New Zealand, which did not bring an obvious result...
USD/JPY The pair has stopped in the area of resistance at 113.00. It tested the highs in the area 113.25 yesterday, but it was not enough strength to close above the mentioned level, and today's attempts to breakthrough was unsuccessful...
Hello traders, I saw an opportunity at actual Resistance for USDCAD. Market participants are usually waiting at the Resistance before they sell off. That's why price would be pulled back for some corrections...
GOLD: The commodity closed lower after reversing its Monday gains on Tuesday. This saw it following through lower during early trading on Wednesday. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level...
Today, the financial markets are growing dollar and the resumption of growth in US stock indices. The dollar strengthened after comments from US Federal Reserve Chairman Janet Yellen, which increased the likelihood of another increase in interest rates...
The bears appear to have loosened their grip slightly, prompting a brief consolidative mode in EUR/USD, as focus shifts towards the US durable goods release for the next push lower. EUR/USD: Eyes on Aug lows of 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, September 27th The EUR/USD pair extends its bearish trip for the third consecutive session, having already lost about 2 cents since this week highs, marked in the region of 1.1940...
The U.S. dollar strengthened against its major counterparts as comments from Federal Reserve Chair Yellen and President Trump bode well for some renewed upward momentum in the greenback...
One good tool to be paired with Fibonacci tool is the trend line analysis or trendline. As we already know, Fibonacci levels will work best when the market is trending, so it fits right...
EURUSD: With the pair weakening on Monday and following through lower during Tuesday trading session, further bearishness is expected in the days ahead. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level...
Yesterday, oil prices rose sharply. According to analysts of the oil market, several factors contributed to this. The first reason is the strengthening of geopolitical tensions in the Middle East in connection with the referendum in Iraqi Kurdistan...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, September 26th The EUR/USD pair failed to keep its overnight recovery mode, as demand for the US dollar has returned to the market...
EUR/USD According to the recent dynamics of the pair, we can expect the further downward movement to the area of the August low of $ 1.1660. EUR/USD has finally broken below $ 1.1875, it shows the end of the growth period and the beginning of the correction. If support of $ 1...
GBPUSD: The pair remains weak and vulnerable to the downside as it took back its early intra day gains during Monday trading session. This leaves risk lower on more bear pressure. Support lies at the 1.3450 level where a break will turn attention to the 1.3400 level...
The sentiment seems to be back to bullish. Gold keeps on declining and is now below $1300. North Korea tensions are still there but markets seems not to worry much on a possible escalation. The dollar has been recently strengthened after weakening since the start of the year...
The primary headline of Angela Merkel winning a historic 4th term is the one that will likely drive market activity...
After the elections in Germany, held last weekend, the euro is traded with a decrease of 0.4%, to 1.1880. Investors analyze the results of the elections, and the auctions on the world stock exchanges are multidirectional...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 25th The EUR/USD pair failed its attempt to fill in its today’s bearish gap and returned back in the area of 1.1900 level...
