22.11.2017 EURUSD EURUSD is still holding the downtrend wave where it met the first target 1.1730 and is still awaiting the second target towards 1.1660. The market is looking today at the FOMC Meeting Minutes to gain some insight over the coming Fed rate hike...
EURUSD: The pair remains weak and vulnerable to the downside despite its price hesitation. 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...
World stock indexes on Wednesday continued to rise. On the eve, the major US stock indices Dow Jones Industrial Average, S & P 500 and Nasdaq Composite updated record highs. The Dow Jones Industrial Average rose 0.7% to 23590, S & P 500 added 0.7%, Nasdaq Composite rose 1.1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, November 22nd The EUR/USD pair extends its recovery trend, as broad retreat of the US dollar remains key driving theme across the market on Wednesday...
21.11.2017 USDJPY USDJPY attempted to post a pullback following the declines from Friday. This came amid a bounce off the support level seen at 112.04. USDJPY is expected to remain range bound within the 113.00 and 112.04 levels of resistance and support...
GOLD: The commodity remains weak and vulnerable to the downside after it reversed its Friday gains on Monday. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level...
$10'000 very soon. (By Yann Quelenn) • Bitcoin has broken the $8000. The technical structure shows a tremendous positive shortterm momentum. Hourly support is located at...
Bullish pressures continues. (By Yann Quelenn) • Crude oil has finished its consolidation and is now ready to challenge again its 1-year high. Expected to show further short-term bullish...
Increasing slightly. (By Yann Quelenn) • Silver is heading higher. Hourly support can be found at 16.60 (27/10/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high...
Bouncing on rising trendline support. (By Yann Quelenn) • Gold is pushing higher. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017...
Strengthening. (By Yann Quelenn) • EUR/CHF has broken key resistance at 1.1711 before bouncing back. Support is given at 1.1610 (27/10/2017 low). Expected to show continued...
Wide-open for further downside. (By Yann Quelenn) • EUR/GBP was rejected from rising trendline showing an aggressive reversal. Hourly support is given at a distance at 0.8733 (01/11/2017 low...
Break of key support. (By Yann Quelenn) • AUD/USD is ready to go even lower showing that downside pressures are still lively. Hourly resistance is given at a distance at 0.7897...
Short-term bullish (By Yann Quelenn) • USD/CAD has failed to clear resistance indicating downside risk. Resistance at 1.2820 (07/11/2017 high) has been broken. Hourly...
Bullish bounce halted. (By Yann Quelenn) • USD/CHF declining trendline has halted progress. The technical structure indicates further downside risks. The pair has failed to...
Selling pressure builds. (By Yann Quelenn) • USD/JPY has broken short-term uptrend channel. Hourly support is now given at 111.89 (20/11/2017 low). Stronger support is located at...
Continued recovery bounce. (By Yann Quelenn) • GBP/USD has broken 1.3230 resistance indicate an extension of bullish momentum. Support is given at 1.3027 (06/10/2017 low...
Bearish consolidation. (By Yann Quelenn) • EUR/USD is consolidating. Hourly resistance is located at 1.1878 (12/10/2017 high). Hourly support is given at a distance at 1.1554...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, November 21st The EUR/USD pair consolidates its positions today, within its tight range of 1.1730-50, however, being weighed by developments on the political field of Germany...
