W1 price is located below 200 period SMA and 100 period SMA with the secondary ranging within the primary bearish market condition: The price is ranging between 1.0428 support and 1.1441 resistance levels...
EUR/USD: 'With yesterday’s downside correction out of the way there’s a big question mark over what the next step from here will be. However as long as the hourly pattern with lower highs remains in place (i.e. staying below 1.1278) we will hold a light downside bias...
W1 price is on primary bullish located above 200 period SMA and 100 period SMA: The price is on primary uptrend stopped by 125.85 resistance level on this weekly timeframe...
As the World Bank downgraded its global economic outlook for 2015 blaming contraction in emerging market economies and weaker performance in the U.S., investors got worried over emerging markets' ability to pay for ballooning obligations...
COMMODITIES GOLD Reviews These 10 countries with the Reviews largest gold reserves Developed countries still clutching the gold reserves in the world. Based on data from the World Gold Council by June 2015, the world's gold reserves reach 31 949 tonnes...
NEW YORK. Since the exchange floor, the largest e-commerce company in China, Alibaba Group Holding continues to grow the business and to accumulate good fortune. Most newer, Alibaba plans to invest in Snapchat, a photo sharing application. Alibaba will invest US $ 200 million in Snapchat...
NEW YORK. Efforts Alibaba Group Holding enlarge the contribution of revenue from outside China more aggressively. Alibaba Chairman Jack Ma's visit to the United States (US) to attract more sellers on Alibaba website...
The euro was down against the dollar on Thursday as the greenback gained ground in front of U.S. economic reports later in the day, which were estimated to underline expectations for higher interest rates. EUR/USD was last at 1.1258, down from Wednesday’s highs of 1.1385...
In their recent report, Nomura analysts say recent data suggests that U.S. economy may be gaining momentum, however, a stronger dollar and a drag from the energy center could test the recovery...
EURUSD: With EUR triggering a corrective weakness following its rejection candle print on Wednesday, downside risk is building up. While the 1.1378 level caps, our bias remains lower. Resistance is seen at the 1.1350 level with a cut through here opening the door for more upside towards the 1...
The World Bank trimmed its outlook for global economic growth this year amid slowdown in emerging markets and weaker output in the United States...
2015-06-11 02:30 GMT (or 04:30 MQ MT5 time) | [AUD - Employment Change] past data is -13.7K forecast data is 12.1K actual data is 42.0K according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, June 11th The U.S dollar index was down 0.36% at 94.82 yesterday – the lowest since May 19. It indicates the ongoing weakening of the dollar against the basket of major currencies. USD/CAD dropped to 1...
Why Is This Event Important: Signs of a stronger recovery may encourage the Federal Open Market Committee (FOMC) to adopt a more hawkish tone at the June 17 interest rate decision, and expectations for higher borrowing-costs may spur a resumption of the long-term bullish USD trend as the central...
GBPUSD: Having followed through higher on Wednesday, further bullishness is envisaged. This development leaves the pair targeting further upside towards the 1.5600 level where a break will aim at the 1.5650 level followed by the 1.5700 level. A break will target the 1...
260 percent from the first rectangle, deserves a good adjust, in that regard if quotes adjust by price, the movement is the one drawn, otherwise it will be over time...
FXStreet (Edinburgh) - The FX Research Team at TD Securities suggested that the pair might find strong resistance in the 1.2300 area. Key Quotes “Intraday, we see resistance for USDCAD at 1...
FXStreet (Edinburgh) - The greenback, in terms of the US Dollar Index, is reclaiming the 94.80 area after dropping to session lows around 94.30...
