All Blogs
EURUSD gets a positive close – Analysis - 02-02-2018 The EURUSD pair continued to provide positive trades to close the daily candlestick above the bullish channel’s support, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards...
01.02.2018 USDJPY USDJPY managed today to hit target 109.50-70. Market now facing resistance zone at 109.50-70 where as long as market holding below another drop wave may hit the market toward 108.25 and 107.35. Above 109.70 market may head for a farther advance toward 110.50 and maybe 111.35...
AUDUSD. The pair looks to weaken further after selling off during Thursday trading session. On the downside, support resides at the 0.7950 level where a breach will aim at the 0.7900 level. Below that level will set the stage for a run at the 0...
Chinese economy has proven itself robust last month. Showing signs of continuous progression in manufacturing production following Chinese New Year, Chinese January PMI was at 51.3, slightly weaker than December (51...
EUR/CHF came under renewed selling pressure yesterday in the late afternoon as it slid from 1.1637 to 1.1554 before consolidating at around 1.1570...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, February 1st The EUR/USD pair was trading under bearish pressure during the Asian session on the back of hawkish rhetoric, sounded at the last FOMC meeting presided by Janet Yellen...
As the research company IHS Markit Ltd. reported today, the purchasing managers' index (PMI) for the UK manufacturing sector in January was 55.3 against 56.2 in December and the forecast of 56.5...
31.01.2018 USDJPY (108.87): The USDJPY was seen trading flat yesterday with price action caught within the range from last Friday’s high and low. Price action remains trading close to the 108.26 level in the near term...
Good afternoon. Soon there will be an output of the indicator, made on technology of trade by "baskets" of currency pairs. This indicator is called UniWPR. It is designed according to the principles in this article. In the meantime, I'm laying out two open-source scripts for MT4 and MT5...
EURUSD: The pair was seen heading higher during early Wednesday trading session today. While it holds on to that strength, more bull pressure is likely in the days ahead. On the upside, resistance comes in at 1.2500 level with a cut through here opening the door for more upside towards the 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, January 31st The EUR/USD pair follows broad market trend, having regained its positive traction after its recent retracement...
US stocks had a poor performance during the last two days, with a performance of -1.43% for Nikkei 225, -1.37% for Dow Jones and -1.09% for S&P500...
Its widely expected that the FOMC will hold policy steady and signal that the next likely interest rate hike will come in March. Therefore, the focus will be on the language around the meeting...
Dollar index DXY rose on Tuesday to 89.45, however, at the beginning of today's European session again decreases, approaching the level of 88.80. The value of US bonds continued to decline. The yield on 10-year bonds rose on Tuesday to 2.725% (the highest level in almost four years) from 2...
GBPUSD: The pair closed higher after taking back all of its intra day losses on Tuesday. This has opened the door for more strength in the days ahead. Support lies at the 1.4100 level where a break will turn attention to the 1.4050 level. Further down, support lies at the 1.4000 level...
30.01.2018 GBPUSD GBPUSD managed to add more drop where the first target met at 1.4000 while the second target still looking toward 1.3915. As long as market holding trades below 1.4130-40 the chance for the downtrend wave to sustain toward 1.3915 is expected. Above 1...
USDCHF: The With the pair seen reversing its Monday gains during early trading on Tuesday, further weakness is expected. On the downside, support lies at the 0.9300 level. A turn below here will open the door for more weakness towards the 0.9250 level and then the 0.9200 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, January 30th The EUR/USD pair remains bearish for the second session in a row, retreating from its 3-year highs, marked on the level of 1.2537 last week, as the US dollar extends its upside correction...
Friday’s Preliminary 4Q 2017 US Gross Domestic Product publication is deceiving and lies below expectations at 2.60% (consensus: 3.0%; real GDP at 2.30% and +1.50% in 2016) while December core PCE Y/Y stands at 1.50% (3Q: 1.35%), signaling a relatively weak performance, lower than 3Q GDP of 3.20...
