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EUR/USD Technically, the break through the resistance level of 1.0780-1.0800 looks promising, but an even more significant level of 1.0850/60 is ahead, the break through which will return the pair to the range that preceded the presidential election in the US last November...
Financial markets feared a second round between Jean-Luc Mélenchon and Marine Le Pen who was likely to trigger some volatility. Marine Le Pen’s final result below 22% is disappointing as she was expected in various polls to reach between 27% and 30...
Financial markets across the planet welcomed the result of the first round of the French election, with the qualification of Le Pen and Macron for the second round. European equities rallied massively this morning with the CAC 40 jumping 3.40...
Ready for further downside. • Crude oil has declined sharply, breaking the support at 50.71, yet now has paused. Support now lies at 49.63 (08/12/2017 low). Resistance for a short-term bounce can be found at 50.71 (old...
Weakening. • Silver has broken strong support at 18.16 (rising trendline) indicating further downside risk. Hourly support is given at 17.65 (intraday low) then 16.82 (15/03/2017 low). Strong resistance is...
Bearish consolidation. • Gold has faded near the hourly resistance at 1295 (18/04/2017 high), suggesting a pickup in selling pressures. Support can be located at 1265 (intraday low...
Bouncing higher very sharply. • EUR/CHF has exited the downtrend channel. However, despite the bullish breakout, the medium-term pattern suggests us to see continued bearish pressures towards key support...
Moving sideways. • EUR/GBP is now pausing after unsuccessfully challenged its key support at 0.8304. Resistances for a temporary rebound are given by 0.8500 (intraday high) and 0.8512...
Consolidating after short-term increase. • EUR/JPY has broken the resistance at 117.43 (23/11/2016 low). Other resistance stands at 122.88 (13/03/0217 high). Major support is given at 114.90 (18/04/2017low...
Failing to find demand. • AUD/USD is still trying to bounce off strong support at 0.7473 (12/04/2017 low). However, as long as prices remain below the resistance at 0.7608 (17/04/2017 high), the short-term...
Consolidating. • USD/CAD has increased sharply this week. The pair is now consolidating. There is still a strong upside momentum. Resistances can now be found 1.3535 (09/03/2017 high). Hourly support...
Sharp bounce. • USD/CHF keeps on declining despite strong volatility. The short-term technical structure is negative as long as prices remain below the hourly resistance at 1.0171 (07/03/2017). Monitor...
Moving higher. • USD/JPY has drifted higher. Hourly resistance at 109.10 (18/04/2017 high) has been broken. Other resistance can be found at 110.11, while a key resistance stands at 112.20 (31/03/2017 high...
Slightly lower. • GBP/USD is consolidating lower after sharp bullish rally. Resistance stands at 1.2905 (18/04/2017 low). The pair is now monitoring hourly support at 1.2775 (21/04/2017 low) as a...
Rally after first round. • EUR/USD is pushing higher. Hourly support can be found at 1.0682 (21/04/2017 base) then 1.0576 (11.04.2017 low). Stronger support can be found at 1.0494 (22/02/2017 low). Resistance...
According to the latest information, during the first round of the presidential elections in France, Emmanuel MacRon won 23.9% of the vote, the second among Marin Le Pen with 21.4%. It is likely that during the second round of elections, Macron can defeat Le Pen...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, April 24th The EUR/USD pair opened today with a huge gap, refreshing its half-year tops at the level of 1.0919, following E.Macron’s win at the first French election round with 23...
How To Secure Copy Trading EUR/USD Take profit Hit at 1.0800 |📌+205 pips profit . Check out Trade details on Telegram messenger https://telegram.me/tradingupdate...
In doing forex trading, actually we are given flexibility in determining the risks and rewards that we will bear or we receive. This value is not bound by anything in the sense that we are free of the maximum risk that we bear the responsibility and how much reward we can accept...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bearish The trend upwards last week briefly broke the resistance line at 1.0750, then retraced. The support lines at 1.0700 and 1...
