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After the usual March-April contraction, Switzerland’s trade surplus bounced back in May amid a sharp recovery in exports. The trade surplus rose to CHF 3.4 billion in May from CHF 1.96 a month earlier. Exports - in real terms - increased 2.9% m/m while imports eased to 2% m/m...
Estimated levels for today: Support (S1 / S2 / S3 = 111.125 / 110.966 / 110.710), resistance (R1 / R2 / R3 = 111.637 / 796 / 112.052). The key resistance levels (1st of 111,260 to 111,419 at the end of the day, 2nd to 111,543 to 111,438...
Estimated levels for today: Support (S1 / S2 / S3 = 1.26099 / 1.25813 / 350), resistance (R1 / R2 / R3 = 1.27026 / 312/776). Key levels (1 st from 1.26538 to 1.26594 at the end of the day, 2nd loop 1.27073 to 1.26723...
USD/JPY The yen continued the correction, which was started on Tuesday after the unsuccessful attempt to break through the technically significant level of 111.80. The pair enters the support zone of 111.00-110.70, which can delay further downward movement...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, June 22nd The EUR/USD pair is trading with a bullish bias this Thursday, keeping its positions in the region of 1.1170, as the US dollar has not been in demand lately...
According to a weekly report released yesterday by the US Department of Energy, US oil inventories fell by 2.451 million barrels last week (the forecast was expected to reduce inventories by 2.1 million barrels...
Estimated levels for today: Support (S1 / S2 / S3 = 0.97198 / 123/003), resistance (R1 / R2 / R3 = 0.97438 / 513/633). The key resistance levels (1 st from 0.97293 to 0.97364 at the end of the day, 2nd drive 0.97443 to 0.97426...
Estimated levels for today: Support (S1 / S2 / S3 = 1.11366 / 1.11267 / 1.11108), support (R1 / R2 / R3 = 1.11685 / 1.11784 / 1.11944). Key support levels (1 st from 1.116.73 to 1.11469 at the end of the day, 2nd drive 1.11639 to 1.11421...
On Wednesday, the stock indices of America have not shown a single dynamics, and closed mixed. Dow Jones down 0.27% (21410.03), S&P 500 declined by 0.06% (2435.61), the Nasdaq rose 0.74% (6233.95). European markets were moving in single direction down and closed in the red zone...
EurUsd Down Today. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors...
Here's what everyone is talking about on Wednesday: Oil slips further into bear market ahead of inventory data Oil continued to edge down on Wednesday after West Texas Intermediate officially closed in bear market territory the prior session. U.S...
AUDUSD. The pair continues to hold on to its downside pressure leaving risk lower. On the downside, support resides at the 0.7500 level where a breach will aim at the 0.7450 level. Below that level will set the stage for a run at the 0...
Analysts at UOB Group explained that the Reserve Bank of Australia June Rate Meeting Minutes on Tuesday (20 Jun) showed that the central bank continued to believe it is appropriate to keep accommodative stance of policy unchanged...
Analysts at Scotiabank explained that comments from BoE economist Haldane that favoured removing some stimulus echoes the sentiment revealed by last week’s 5-3 split on holding policy unchanged at the BoE’s latest policy meeting...
GOLD: The commodity continues to face downside pressure on bearishness. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level. Further down, a cut through here will open the door for a move lower towards the 1,220.00 level...
No one should think that Amazon’s (AMZN) innovative play for Whole Foods is a done deal. News of Amazon’s acquisition of the grocer (WFM) for $13.4bn shocked up the grocery industry and sent big box retailers' stocks tumbling...
Yesterday's collapse of oil to a seven-month low clearly punctuates the demise of OPEC in our view. The thin veil of control that markets provided to this dysfunctional committee is no longer...
Estimated levels for today: Support (S1 / S2 / S3 = 45.65 / 24 / 44.58), resistance (R1 / R2 / R3 = 46.17 / 47.38 / 48.04). The key resistance levels (1 st from 47.38 to 46.55 at the end of the day, 2nd from 47.51 to 46.77...
Estimated levels for today: Support (S1 / S2 / S3 = 1241.92 / 1240.31 / 1237.71), resistance (R1 / R2 / R3 = 1247.12 / 1248.73 / 1251.33). The key levels of resistance (1 st from 1247.94 to 1243.87 at the end of the day, 2nd ox 1249.89 to 1248.28...