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GOLD: The commodity declined further on Tuesday leaving risk of more weakness on the cards. On the downside, support comes in at the 1,210.00 level where a break will turn attention to the 1,200.00 level. Further down, a cut through here will open the door for a move lower towards the 1,190...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, March 8th The EUR/USD pair extends its bearish slide for the third session in a row, refreshing this week’s lows at 1.0551 spot, in wake of broadly higher the US dollar...
According to Greg Gibbs, Director at Amplifying Global FX Capital, headline inflation has jumped sharply to surpass the ECB’s medium-term target for the first time since Jan-2013 which may be generating some thoughts of a less dovish ECB statement on Thursday...
Trading recommendations Sell Stop 2364.0. Stop-Loss 2378.0. Objectives 2330.0, 2300.0, 2275.0, 2213.0, 2200.0, 2180.0 Buy Stop 2378.0. Stop-Loss 2364.0. Objectives 2390.0, 2400.0 Overview and dynamics...
GBPUSD: The pair faces further weakness following its continued downside pressure. Support lies at the 1.2150 level where a break will turn attention to the 1.2100 level. Further down, support lies at the 1.2050 level. Below here will set the stage for more weakness towards the 1.2000 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, March 7th The EUR/USD pair is attempting to recover from its overnight lows, located at 1.0573, but still keeps its range below the 1.06 level...
Outrageous misrepresentation in football sponsorship a danger to the FX industry and must be stopped
Unregulated binary options firms with no registered physical address and a litany of less than flattering diatribe adorning internet forums, as well as misleading company names are still being accepted as major sponsors for prominent British football teams...
On 24 Feb 2017 04:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for AUDUSD currency pair at 0.76808 under 48, 316, 52. The position closed on 07 Mar 2017 07:00 AM UTC at 0.76165 and the profit was 0.84%. AdMACD parameters for AUDUSD on close were 54, 360, 47...
The markets trade in mild risk aversion today and the sentiments sent Yen broadly higher. Meanwhile, Dollar regains some ground from Friday's profit taking pull back. The greenback stays supported by firm expectation of a March Fed hike...
In the Currency Strength table the USD was the strongest currency while the GBP was the weakest. There were a lot of changes last week...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: USD(4X) followed by the AUD(3X). The weaker currencies are the GBP(5X) followed by the NZD(2X) and CAD(2X). A nice combination for coming week may be e...
USDJPY: The pair still faces downside pressure though closing higher the past week. On the downside, support comes in at the 114.00 level where a break if seen will aim at the 113.50 level. A cut through here will turn focus to the 113.00 level and possibly lower towards the 112.50 level...
The U.S. dollar closed on Friday on a weaker note despite the markets showing an increased probability for a rate hike in March. The economic calendar today is light with no major releases lined up. So far, Australia's retail sales figures showed a 0...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, March 6th The EUR/USD pair steps higher in early Europe in wake of strong risk-off sentiments across the market after brief pull back during Asia...
On 02 Mar 2017 11:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for XAUUSD currency pair at 1243.413 under 35, 37, 26. The position closed on 06 Mar 2017 04:00 AM UTC at 1234.208 and the profit was 0.74%. AdMACD parameters for XAUUSD on close were 46, 96, 17...
On 02 Mar 2017 11:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for XAGUSD currency pair at 18.331 under 34, 35, 30. The position closed on 05 Mar 2017 11:01 PM UTC at 17.949 and the profit was 2.08%. AdMACD parameters for XAGUSD on close were 14, 27, 27...
On 28 Feb 2017 11:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for NZDUSD currency pair at 0.71808 under 22, 179, 8. The position closed on 05 Mar 2017 10:05 PM UTC at 0.70292 and the profit was 2.11%. AdMACD parameters for NZDUSD on close were 19, 232, 8...
GOLD: The commodity closed lower the past week though with caution. 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...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bearish Last week saw a down move which tested the support line at 1...
