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Daily economic digest from Forex.ee Stay informed of the key economic events Friday, January 19th The EUR/USD pair extends its rebound from weekly lows, marked at 1.2165 spot a day before, on the back of renewed sell-off of the greenback...
18.01.2018 USDJPY USDJPY posted a recovery as price action turned bullish yesterday. Closing above the 111.00 level of support, further gains could be expected if USDJPY manages to find support near 111.00 on a dip. We expect that the currency pair will target the next upside resistance at 111...
Every decent Forex Trader must have a twitter account because it provides immediate news, analysis, charts and many interesting articles. In order to help you to find the right accounts to follow, here is the list you should follow. http://thetraderfx.blogspot...
EURUSD: The pair continues to retain its upside pressure as it looks to target the 1.2322 level . On the upside, resistance comes in at 1.2300 level with a cut through here opening the door for more upside towards the 1.2350 level. Further up, resistance lies at the 1...
The recent US economic releases boosted equity markets to higher ends yesterday while EU markets remained on the sidelines: Dow Jones Industrial Average: +1.25%, Nasdaq: +1.03%, S&P500: +0.94% and Euro Stoxx 50: -0.25...
It has been a quite week so far for the Australian dollar. The Aussie economic calendar was relatively light, while market participants mostly focused their attention on Trump comments and fears about an US government shutdown...
Today, the dollar gained support and grew at the beginning of the Asian trading session. On Wednesday, Fed representatives, Robert Kaplan and Loretta Mester, spoke in favor of raising interest rates. They expect acceleration in the growth of the US economy and inflation...
17.01.2018 GBPUSD GBPUSD managed again today to head or another test to resistance zone 1.3820-40 before market retreat again for drop correction. Intraday Levels showing support at 1.3725 where as long as market holding above this zone more advance toward 1.3980 is expected. Below 1...
USDCHF: The pair halted its broader weakness on Wednesday leaving risk of more correction on the cards. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level...
Despite the fact that the probability of today's interest rate increase in Canada is high, the Canadian dollar declined during the Asian session, and the pair USD / CAD rose today to 1.2460. In December, the Bank of Canada kept its interest rate at 1.0% after doubling it during 2017...
The entire crypto-asset market went through a massive sell-off since the beginning of the week with the total market capitalisation shrinking by $262 billion, down to $450 billion, the lowest level since mid-December last year...
For the second consecutive year, Germany has become the country with the largest current account surplus in the world in 2017 according to the ifo Institute Center for Economic Studies (CES...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, January 17th The EUR/USD pair followed today a broad market trend and refreshed its 3-year highs at 1.2323 spot during the Asian session...
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16.01.2018 GBPUSD British Pound failed to break above resistance 1.3820-40 which activated another drop correction wave that may target 1.3640-60 zone as we advised before. From that zone 1.3640-60 will expect the uptrend to back again to affect market toward 1.3820-40 again. Below 1...
USDJPY: The pair closed further lower on Monday opening the door for more weakness. This view remains valid despite its present price hesitation. On the downside, support lies at the 110.00 level where a break if seen will aim at the 109.50 level. A cut through here will turn focus to the 109...
On the eve, the DXY dollar index has reached its minimum for more than three years near the 90.13 mark, and for the year of 2017 the index has decreased by almost 10%, which was the strongest annual decline since 2003. At the beginning of the European session, the DXY index is near the 90.50 mark...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, January 16th The EUR/USD pair was consolidating its positions during Asia in the region of its 3-year highs, marked at 1...
Since the recent US government bonds yield hike of last week (2-year government bond rates reaching above 2%, a 10 years high) and the market excitement that followed, coupled with possible Japanese and European central bank policy tightening, we could wonder whether we might be expecting an immi...
