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Bullish consolidation. (By Yann Quelenn ) • EUR/JPY is now consolidating after its recent rally. Key resistance is located at 128.83 (30/06/2017). Hourly support can be found at...
Consolidating. (By Yann Quelenn ) • AUD/USD's technical structure is bullish since early May. Recovery bounce near former resistance at 0.7636 is gaining momentum. The...
Bearish breakout. (By Yann Quelenn ) • USD/CAD is way into bearish mode. Strong support given at 1.2969 (31/01/2017 low) has been broken. Resistance is located at 1.3010...
Bullish consolidation. (By Yann Quelenn ) • USD/CHF remains weak as long as prices remain below the key resistance at 0.9647 (28/06/2017 high). Hourly resistance can be...
Strengthening again. (By Yann Quelenn ) • USD/JPY is back to bullish after strong bullish rally while remaining within an uptrend channel. Hourly support can be found at 111.73...
Stalling below support given at 1.3046. (By Yann Quelenn ) • GBP/USD's momentum is higher than expected and the pair is now targeting key resistance give at 1.3046 (18/05/2017 high...
Starting a consolidation phase. (By Yann Quelenn ) • EUR/USD is now consolidating after its recent rally above 1.1400. Hourly support can be found at 1.1076 (18/05/2017 low). Stronger support lies...
Tomorrow at 04:30 (GMT), the RB of Australia publishes an interest rate decision. It is widely expected that the rate will remain at the same level of 1.5...
EUR/USD The pair tested the highs in the 1.1445 area on Thursday and today returned to the support of 1.1400 and it can continue correction to 1.1280 without affecting the newly acquired uptrend. AUD/USD The Australian dollar didn’t stay long above the key resistance of 0...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, July 3rd The EUR/USD pair extends its downside correction from its 3-month highs, having broken through resistance, located at 1.14 level, as bulls have taken a breather ahead of eventful week...
Both EUR/USD and GBP/USD opened this summer week near their highs with the U.S. dollar remaining weak ahead of Friday’s U.S. jobs report. Trading volumes could however be light at the start of this holiday shortened week with U.S. markets being closed Tuesday. The U.S...
USD/JPY has suffered a slight setback in the early hours of Monday trade, with the exchange rate reaching a session low of 112.10 from 112.42 NY close last Friday, before an attempt to recover its footing and fill the gap, last at 112.30...
AUD/USD clocked a low of 0.7673 after the data released in Australia showed the building permits in May tanked 5.6% m/m. The drop was way bigger than the expected -1.3% print. China Caixin PMI showed the manufacturing activity returned to expansionary territory in June...
GOLD: The commodity continues to face downside pressure leaving risk to the downside. On the downside, support comes in at the 1,230.00 level where a break will turn attention to the 1,220.00 level. Further down, a cut through here will open the door for a move lower towards the 1,210.00 level...
Failure is another opportunity to start everything first. But start with a lot of experience and wisdom. A failed transaction when trading in the financial market is also a signal. A signal that points to the need to take everything under tight control...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex...
EURUSD: The pair closed higher on a rally the past week leaving risk of price extension on the cards. Resistance comes in at 1.1500 level with a cut through here opening the door for more upside towards the 1.1550 level. Further up, resistance lies at the 1...
After 15 straight quarters of growth, the Eurozone is currently at mid-cycle, with economic expansion above trend, core inflation low, and there is room for unemployment to fall further, said UBS Chief Investment Office (CIO...
The upcoming week will be dominated by PMI releases and labor market data from around the globe. CIO expects the data to support the view of strong global growth. The central bank meetings in Australia and Sweden are unlikely to bring any big surprises...
Opening of the transaction of BUY happens at Ask price, and closing on Bid. Thereafter spread is paid when opening the transaction. Opening of the transaction of SELL happens at Bid price, and closing on Ask. Thereafter spread is paid when closing the transaction...
