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Continued decline. • EUR/CHF is trading lower. We believe that the medium-term pattern suggests us to see continued bearish pressures towards key support that can be found at 1.0623 (24/06/2016 low...
Growing demand. • EUR/GBP is strengthening despite ongoing bearish consolidation. The technical structure has turned positive since the pair has broken resistance at 0.8530 (25/04/2017 low). Strong...
Pausing above 124.00. • EUR/JPY is trading slightly lower. Hourly support is given at 122.56 (18/05/2017 low). Major support is given at 114.90 (18/04/2017low). Expected to see further renewed buying...
Renewed bearish pressures. • AUD/USD is pushing lower. Hourly support is given at 0.7329 (09/05/2017 low). As long as prices remain below the resistance at 0.7608 (17/04/2017 high), there are strong downside...
Riding downtrend channel. • USD/CAD keeps on weakening since the pair reached 1.3800. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017 high). Expected to show continued bearish...
Consolidating. • USD/CHF is now consolidating after the pair broke support located at 0.9814 (27/03/2017 low). Strong resistance is given at 1.0107 (10/04/2017 high). Expected to show continued...
Ready for another leg lower. • USD/JPY has exited the symmetrical triangle and keeps pushing lower. Hourly support is given at 110.24 (18/05/2017 low). Stronger support is located at 108.13 (17/04/2017 low...
Heading towards support at 1.2757. • GBP/USD is trading lower. Hourly resistance lies at 1.3048 (18/05/2017 high). Hourly support given at 1.2831 (04/05/2017 low) has been broken. The pair is heading towards stronger...
Consolidating below resistance at 1.3000. • EUR/USD is consolidating lower below strong resistance at 1.1300 (09/11/2017 high). Hourly support can be found at 1.1162 (22/05/2017 low...
EUR/USD The pair is in the middle of the range of 1.1200-1.1100 and its fate for the near future depends on whether it will be able to stay above the support level of 1.1150. Also on whether Draghi will confirm the fears about the of the QE program reduction...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, May 29th The EUR/USD pair extends its consolidation phase, remaining within striking distance of its 5-day lows, marked last Friday...
Dear Traders, The pound sterling ended last week in negative territory as U.K. elections are getting tighter. The pound dropped sharply towards its crucial support zone between 1...
Last week, the US dollar strengthened strongly against the pound and about the same weakened against the New Zealand dollar (+ 1.8% and -1.9%, respectively...
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Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish There was consolidation last week as price moved between the support line at 1.1150 and the resistance line at 1...
EURUSD: With the pair failing to hold on to its past week gains to close on a rejection candle the past week, it now faces pullback threats. Resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1...
The EUR/USD pair closed the week marginally lower around 1.1180 but not before settling a fresh 2017 high at 1.1267. The dollar maintained its recent weakness, despite risk aversion disappeared and US equities rallied to record highs...
First, a review of last week’s forecast: - As we wrote last time, whilst experts and technical analysis make predictions, it is politicians that make reality...
Nomura FX Strategy Research notes that investors' positioning in the EUR sends mixed signals: "FX-focused asset managers and equity investors are very long euros, while FX-focused hedge funds and bond managers are very short euros...
You should listen to this Forex Equinox trading system podcast. In this Forex Equinox podcast, Russ Horn talks about his early struggles with forex. Russ Horn reveals that he only got educated up to high school. This should be an eye open for you...
