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Daily economic digest from Forex.ee Stay informed of the key economic events Friday, July 14th The EUR/USD pair remains largely flat-lined near the level of 1.14 on the final day of this week, barely benefiting from shrinking expectations of Fed aggressive tightening policy...
The EURJPY pair ends the negative fluctuation by providing clear positive close above 128.35 main support, hinting keeping the main bullish bias domination, while the price needs to surpass 129...
The EURUSD pair hovers around the EMA50 since yesterday, and we still waiting to surpass 1.1418 barrier to confirm resuming the main bullish trend, which is organized inside the bullish channel that appears on chart, as our next main targets located at 1.1565 followed by 1.1665...
The greenback, in terms of the US Dollar Index, is trading on the back footing early in the European session although it manages to keep the area around 95.50 for the time being...
Dollar trades generally weaker today except versus Yen and Canadian Dollar, where it's consolidating in oversold conditions. The greenback, nonetheless, continues to feel the weight added by dovish testimony of Fed Chair Janet Yellen...
Litecoin – despite the name “Lite”, this digital currency is far from being “Lite”, with more than $2B in market cap, rank fourth in Cryptocurrency chart by aforementioned criteria, after Bitcoin, Ethereum (being available for trading, along with Litecoin against USD and EUR) and Ripple...
In the last closed session GBPJPY has rewinded for 0,55% going over 146,00 again. For the next hours, I still prefer short setups with stop loss over 147,00...
Analysts at Nomura explained that the euro has moved a long way (nearly 6% since our entry), and they feel it is prudent to tactically book profits. Key Quotes: "Expectations for the ECB have swung from low expectations of tightening to tapering and possibly two rate hikes by the end of next year...
EUR/USD is hovering around 1.1400, marginally lower. It is falling for the second day in a row as it continues to correct lower from 1-year highs that reached on Wednesday during the Asian session at 1.1489...
USDJPY: The pair continues to retain its downside pressure on correction. On the downside, support comes in at the 113.00 level where a break if seen will aim at the 112.50 level. A cut through here will turn focus to the 112.00 level and possibly lower towards the 111.50 level...
At the 6.75 range, the USD/CNY has hit its lowest level so far in 2017, and our outlook is that it will keep falling. China’s export surplus balance is holding strong at +$42.4 billion, and its surplus to the USA grew $3 billion in June alone...
The US dollar extended losses yesterday after the Fed Chair expressed uncertainty about the effects of tightening on inflation. After retreating as much 0.80% during the day, EUR/USD bounced back to 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 13th Seems that the sharp sell-off of the USD/CAD pair, triggered by hawkish BoC decision, ran out of steam, after the pair faced support at the level of 1.2681, which was last seen on June 24, 2016...
Today, the pair AUD / USD again approached the annual highs of 4-month old near the 0.7745 mark. The Australian currency is growing, receiving double support from strong data on China's foreign trade balance and after the publication of the consumer price inflation indicator in Australia...
FX Strategists at UOB Group now expect the pair to navigate between 1.1320 and 1.1520 in the near term. Key Quotes “EUR traded in a choppy manner yesterday, rising initially to a fresh high of 1.1489 before plummeting to hit a low of 1.1390 during NY hours...
USD/JPY The first day of Janet Yellen speech in the Congress made a mixed impression on foreign exchange markets, but the yen reacted very positively. The head of the US Federal Reserve System issued a very conservative forecast for the economy and monetary policy...
Price changes and trend lines show us that there isn't any permanent pattern for a day or any periods of time. But chart of High and Low differences has a daily oscillation. I drew chart of High minus Low for different currency pairs...
USER GUIDE 1.0) Input Parameters of The EA 1. Lots Management LotsType: Select any of lots management type . EquityPercent: Lot is chosen automatically based on percentage of the equity. FixedLots: Fixed Lots...
USDCHF: With the pair closing lower on Tuesday, further bearishness 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...
