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The #digital #currency #Bitcoin retraced gains on Tuesday after surging above the $4,400 level for the first time in its nine-year #history. On the U.S.-based #Bitfinex exchange, Bitcoin was last at $4,065.7, down $176.5 or 4.41%. It earlier set a fresh all-time high of $4,430.0...
EURUSD: The pair followed through lower on Tuesday leaving risk of more weakness on the cards. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1...
A month before the German election, news regarding the German fundamentals data are still positive. Yet, GDP Growth has slightly slowed. The figure, which has been released this morning, came in at 0.6%, a inch below markets’ expectations at 0.7...
The Australian dollar was little changed after the Reserve Bank of Australia published the minutes of its August meeting. AUD/USD was treading water at around $0.7870 following the release. However, in late Asian session the Aussie started to tumble amid a broad-based USD strength...
The consumer price index (CPI) of the UK in July compared with July last year increased by 2.6% (the forecast was + 2.7%). Thus, according to the data presented today, in July the annual rate of consumer inflation did not change with respect to June...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, August 15th The EUR/USD pair accelerated its downside traction this morning after Germany released weaker-than-expected preliminary GDP data, however, meeting resistance near the level of 1.1700...
Japan’s growth came in much higher than forecasted at 1% q/q versus 0.6% for the second quarter. Looking back, this release is the best data in the last two and a half years. It also represents the sixth consecutive quarter of positive GDP growth...
The US dollar came under renewed selling pressure on Friday amid a soft CPI report. Headline CPI printed at 1.7% y/y, while the market was expecting a reading of 1.8%. The core gauge, which excludes the most volatile components, held steady at 1.7%, matching expectations...
New all-time high!! (By Yann Quelenn ) • Bitcoin keeps on surging. The digital currency has set a new all-time high at 4125 (14/08/2017 high) and hourly support lies very far at 2403...
Wide-open for further weakness. (By Yann Quelenn ) • Crude oil is trading lower. Hourly support is given at a distance at 45.40 (24/07/2017 low). Strong resistance can be found at 50.41...
Bullish pressures are on. (Yann Quelenn ) • Silver's bullish pressures are on. Hourly resistance lies at 17.24 (10/08/2017 high) while support can be found at 16.13 (07/08/2017 high...
Bearish consolidation. (Yann Quelenn ) • Gold is consolidating lower. Hourly support is given at 1251 (08/08/2017 low). Stronger support lies at 1204 (10/07/2017 high). The commodity is...
Bouncing higher. (Yann Quelenn ) • EUR/CHF's short-term buying pressures are back on. Hourly support is now located at 1.1260 (04/08/2017 low). Expected to show continued...
Consolidating below 0.9100. (Yann Quelenn ) • EUR/GBP is trading around its highest levels of the year despite ongoing consolidation. Hourly resistance lies at 0.9087 (08/08/2017 high). Hourly...
Growing selling pressures. (Yann Quelenn ) • AUD/USD's short-term technical structure is bearish. Hourly support can be found at 0.7786 (18/07/2017 low) has been broken. Hourly...
Short-term bullish momentum continues. (Yann Quelenn ) • USD/CAD's short-term bullish momentum continues. The road is wide open for further increase. Hourly support is given at a distance at...
Edging higher. (Yann Quelenn ) • USD/CHF is pushing higher. Resistance is given at at 0.9771 (15/06/2017 high). Hourly support lies at at 0.9584 (08/11/2017 low...
Bouncing after breaking 108.83 (Yann Quelenn ) • USD/JPY has bounced back after the pair broke support at 108.83 (17/04/2017 low). The pair is still located within downtrend channel...
Pausing above support at 1.2933. (Yann Quelenn ) • GBP/USD is now trading sideways. Hourly resistance is given at 1.3267 (03/08/2017 high). Hourly support is given at 1.2933 (20/07/2017...
