CRUDE OIL: The commodity is building up on its Tuesday gains as it eyes it key resistance residing at 49.39 zone. On the downside, support resides at the 48.00 level where a break will expose the 47.50 level. A cut through here will set the stage for a run at the 47.00 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, September 13th Today the EUR/USD pair extends its yesterday’s positive trend, remaining just a few pips below its psychological level of 1.2000...
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EURUSD: With the pair seen closing lower on correction on Monday and following through on Tuesday, more decline is envisaged in the days ahead. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level...
At the beginning of today's European session, after the Office of National Statistics of Great Britain was presented a report on consumer inflation, the pound rose sharply in the foreign exchange market...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, September 12th The EUR/USD pair trades with a positive bias, having regained its positions above the level of 1.1950, on the back of broad retreat of the US dollar...
USDJPY: The pair saw a saw recovery during early trading today opening the door for correction in the days ahead. On the downside, support comes in at the 108.00 level where a break if seen will aim at the 107.50 level. A cut through here will turn focus to the 107...
Consolidating above $4000. (By Yann Quelenn ) • Bitcoin has seen some buying interest. However, short term selling pressure suggests a limited upside potential. However, technical...
Sharp decline. (By Yann Quelenn ) • Crude oil has strongly declined after the commodity monitored the $50 level. Key support is given at 45.40 (17/08/2017 high). Strong...
Pushing higher. (By Yann Quelenn ) • Silver has broken its key resistance at 17.75 opening the way for a test of the strong resistance at 18.65 (17/04/2017 high) while...
Consolidating within uptrend channel. (By Yann Quelenn ) • Gold has seen increased buying interest, clearing rising trend-line. Hourly support is given at a distance 1326 (gap low). Key resistance is...
Further sideways consolidation likely. (By Yann Quelenn ) • EUR/CHF has sharply declined near the resistance area between 1.1356 and 1.1472 Further medium-term sideways moves are...
Riding lower. (By Yann Quelenn ) • EUR/GBP has bounced off support. However, as long as prices remain below the resistance at 0.9176 (declining trendline), the short-term...
Bearish consolidation. (By Yann Quelenn ) • AUD/USD is now consolidating lower after the pair successfully tested the rising trendline support at 0.7881 and has broken the hourly...
Bearish. (By Yann Quelenn ) • USD/CAD is moving lower, confirming an underlying declining trend. Hourly support is located at 1.1945 (29/04/2015 low). Resistance is...
Challenging support area above 0.9400. (By Yann Quelenn ) • USD/CHF is trying to bounce. Strong resistance is given at 0.9771 (15/06/2017 high). The pair is likely to head further lower below...
Bullish consolidation. (By Yann Quelenn ) • USD/JPY is consolidating higher but the trend is clearly negative. Strong support is located at 106.95 (08/09/2017 high). Expected to show...
Strong bullish trend. (By Yann Quelenn ) • GBP/USD has pushed above rising trend-line resistance, confirming an improving short-term technical structure. Strong support is given at...
