CRUDE OIL: With Crude Oil putting in a temporary bottom on Monday, it faces a move higher on correction. Resistance is located at the 45.50 level where a break will expose the 46.20 level. A break below here will aim at the 47.00 level and then the 48.00 level...
Barclays is suggesting to buy USD/CHF as the most tradable pair for this week: "We think poor Swiss fundamentals continue to support CHF depreciation from still-overvalued levels...
This is busy week for euro with one high impacted news event - on Tuesday morning we will see ZEW German business confidence data which is expected to remain the same as last month’s figure: 63.9. And the figure which comes in below the expectations could prompt weakness...
This is the other interesting pair you can make money with, together with AUDCAD and NZDUSD. W1 price is on primary bullish with ranging between the levels: 2.1525 resistance level, and 1.9822 support level...
Refer to my old posts for more details on the forecast. As predicted in my previous posts, Gold and EURUSD are on their upward trend in D1. Please do remember that, i believe it as a retracement in MN and hence it could really go up in spikes...
EUR/USD: Erratic moves. Minutes before NFP the pair 30 pips to 1.0975 just to lose 100 pips just subsequently and afterward again coming back to the high 1.09's. Difficult to get the waves set up in such a situation...
GBPUSD: GBP looks to recover higher following its rejection candle print on Friday. This development leaves the immediate risk higher with its lower level charts (see 4 hourly chart) turning higher. On the downside, support lies at the 1.5450 level where a break if seen will aim at the 1...
Center of the day: "USD: Keeping September on the Table. Bullish. We stick to our bullish USD view. Late remarks from Fed Governor Lockhart propose that September is still all that much in play, and as businesses bring the timing of the first climb forward, this ought to bolster USD...
W1 price is on primary bearish with secondary bear market rally with good possibility to reversal. The price was on bearish ranging market condition and the secondary market rally just started last week only. The price is located between 0.9361 support and 0.9879 resistance levels...
Majors, USD JPY Forecast, Weekly Forex Forecasts USD/JPY pushed above the 125 line for the first time since June, but then retracted and was unchanged at the end of the week. This week has six events...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish EURUSD is now a volatile pair - characterized by serious struggles between bulls and bears in the context of a downtrend. The support line at 1.0850 was tested last week, but could not be broken...
GBP USD Forecast, Majors, Minors, Weekly Forex Forecasts GBP/USD reversed directions last week, as the pair dropped about 170 points. The pair closed the week at 1.5615. This week’s highlights are the Average Earnings Index and Claimant Count Change...
FOMC 9:00 to 10:00 A bunch of financial information in the impending week will reveal insight into the economy's quality as it entered the second from last quarter. The enormous report will be retail deals, offering a checkup of customers, who have been restless generally...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, August 10th NZD/USD drops to 0.6598 after closing above 0.66 on Friday...
Current trend On Friday, the AUD managed to strengthen against the USD and reached the local high near the level of 0.7428. The reason for a rising dynamics was poor data on the NFPR from the US and the RBA statement...
#Dollar holds gains against major #Forex competitors despite Friday's mixed labor market data. #News that #Greece is going to finish talks with creditors tomorrow supported #EURUSD and the European #StockMarket. Find out more by checking out the Source Link...
Daily price is on bearish condition for ranging between the following s/r levels: 1.0847 support level located below Ichimoku cloud and far below Senkou Span A line on the bearish area of the chart, and 1...
