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GBPUSD: The pair remains weak and vulnerable to the downside as it took back its early intra day gains during Monday trading session. This leaves risk lower on more bear pressure. Support lies at the 1.3450 level where a break will turn attention to the 1.3400 level...
The sentiment seems to be back to bullish. Gold keeps on declining and is now below $1300. North Korea tensions are still there but markets seems not to worry much on a possible escalation. The dollar has been recently strengthened after weakening since the start of the year...
The primary headline of Angela Merkel winning a historic 4th term is the one that will likely drive market activity...
After the elections in Germany, held last weekend, the euro is traded with a decrease of 0.4%, to 1.1880. Investors analyze the results of the elections, and the auctions on the world stock exchanges are multidirectional...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 25th The EUR/USD pair failed its attempt to fill in its today’s bearish gap and returned back in the area of 1.1900 level...
Work indicator Forex trading guide is based on an internal crossing indicator RSI of a mathematically trained level of smoothing. At the beginning of the intersection within the same candle appears dashed line of the corresponding color direction opposite to the previous incident...
GOLD: The commodity closed lower the past week leaving risk of more decline on the cards in the new week. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level...
Content courtesy of Tallinex Limited https://www.tallinex.com Here is the market outlook for this week: EURUSD Dominant bias: Neutral A faint bullish attempt occurred between the 18th and 19th, fell back on the 20th, then rose on the 21st and 22nd...
EURUSD: With the pair still facing price correction despite its past week price hesitation, more correction 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...
TD FX Strategy Research thinks that we are only in the early stages of the unwind of the broad USD bull market. "Other major central banks are moving to a more hawkish stance, rotating emphasis away from the Fed...
Next week starts on Sunday, at least for German voters, who are asked to cast their vote in the federal election. Opinion polls point firmly to Angela Merkel retaining the chancellery, to which CIO attaches a 90 percent likelihood. CIO expects the short-term market reaction to be somewhat muted...
Crypto-currencies like Bitcoin fail two key tests of what makes a currency a currency, Global chief economist Paul Donovan argues in the new 'Thought of the Week'. No currency has a natural value. The fact that Bitcoin is just computer code doesn't matter...
First, a review of last week’s forecast: - EUR/USD. Recall that experts appeared to be completely bewildered when giving last week’s forecast: 40% of them voted for the growth of the pair, 40% for its fall and 20% for a sideways trend...
USDCHF: With the pair following through higher on the back of previous week gains the past week, more strength should follow. 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...
North Korea once again threatened to test a nuclear bomb, and again quotations of gold prices crawled up. Foreign Minister Li Yong-ho said on Thursday that his country could conduct the most powerful test of a hydrogen bomb in the Pacific Ocean...
EURJPY: The pair continues to hold on to its broader medium term uptrend though facing price hesitation. On the downside, support comes in at the 133.50 level where a break if seen will aim at the 133.00 level. A cut through here will turn focus to the 132...
The EURCHF pair has reached its highest level since the floor was abandoned in January 2015. The pair has even reached 1.1620 CHF for one euro coin. The bullish move is mostly due because of the anticipation of the asset purchase program being reduced by the ECB in October...
Chinese equities ended lower for the second day in a row after Standard & Poor’s stripped China of AA- rating. The Shanghai Composite fell as much as 0...
