Sideways price action. (By Yann Quelenn ) • USD/CHF keeps on bouncing. Strong resistance is given at 0.9771 (15/06/2017 high). The technical structure shows that the the pair is...
The focus of the traders this week will be the meetings of the central banks of the United States and Japan. Wednesday (18:00 GMT) will publish the Fed's decision on the interest rate. Also, economic forecasts of the Federal Reserve will be presented, including for 2020...
Monitoring resistance area. (By Yann Quelenn ) • USD/JPY is now monitoring resistance area around 111. Strong support is located at 107.32 (08/09/2017 high). Expected to show further...
Surging. (By Yann Quelenn ) • GBP/USD is consolidating lower. The pair has broken hourly resistance at 1.3329 (13/09/2017 high). Strong support is given at 1.2774...
Consolidation. (By Yann Quelenn ) • EUR/USD lies in a bullish trend despite ongoing consolidation. Hourly resistance can be found at 1.2092 (08/09/2017 high) while hourly...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 18th The EUR/USD pair came out of its consolidation range to the downside at the European opening on the back of attempts of the US dollar to correct higher across the market...
GOLD: The commodity closed lower the past week to open the door for more weakness. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290.00 level...
EURUSD: With the pair still holds on to its broader uptrend despite lower close the past week. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1.2100 level where a break will expose the 1...
First, a review of last week’s forecast: - EUR/USD. Recall that 40% of experts and graphical analysis on H4 expected the pair would transition into a lateral trend in the 1.1885-1.2070 range...
EURUSD: With the pair halting its weakness to close higher on Thursday, a move further higher is envisaged. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1...
During today's Asian session, the Japanese broadcaster NHK announced the next launch of the North Korean ballistic missile towards Japan. Investors reacted rather sluggishly to the next launch of the missile. The price of oil in response to this message has slightly decreased...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 15th Today the EUR/USD pair consolidated its positions in the region of 1.1900-20 after moderate recovery from its 2-week lows, marked at 1.1838 on Thursday...
EURGBP- The cross continues to hold on to its downside pressure selling off on Thursday and opening the door for more weakness. Support lies at the 0.8850 level where a violation will turn focus to the 0.8800 level. A break will expose the 0.8850 level. Resistance resides at the 0...
Today was a busy day of publication of important macro-economic news. After the Swiss National Bank decided to leave the deposit rate at -0.75%, the franc declined in the foreign exchange market...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, September 14th Today the GBP/USD pair consolidates its positions near the level of 1.3200 amid broad cautiousness, triggered by upcoming BoE meeting...
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