Breaking resistance at 114.49. (By Yann Quelenn) • USD/JPY is edging higher above resistance stands at 114.49 (11/07/2017 high). Support is located at 111.12 (20/09/2017 low...
Monitoring support at 1.3000. (By Yann Quelenn) • GBP/USD is back towards support given at 1.3027 (06/10/2017 low). String resistance is given at 1.3338 (13/10/2017 high). Expected to...
Significant selling pressures. (By Yann Quelenn) • EUR/USD is biased to the downside after setting a new hourly support at 1.1575 (27/10/2017 low). Hourly resistance is located at...
A number of positive news of a fundamental nature helped the major US stock indices last week to reach new absolute highs...
EURUSD: With the pair trading flat following price rejection the past week, more weakness is likely. Resistance comes in at 1.1650 level with a cut through here opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
03.11.2017 GBPUSD GBPUSD managed to head for fast drop wave after BOE rate hike yesterday while market add more drop below target 1.3100 zone. Short-Run support 1.3030-50 still holding in market where as long as market holding above 1.3030 another advance wave will be expected toward 1...
The index of supply managers (PMI) for the UK services sector in October was 55.6 (forecast was 53.4, in September PMI for the UK services sector was 53.6). Such data was presented today by the Royal Institute of Procurement and Supply in conjunction with Markit Economics...
02.11.2017 GBPUSD GBPUSD managed to hold our trading levels yesterday where managed early today to break below 1.3240 support. Market closing from BOE rate decision today, while as long as market holding trades below 1.3240-50 more drop toward 1.3100-10 zone is expected. Above 1...
Bitcoin over $7,000, Market Cap above $116 Billion. At this moment, Bitcoin Market Cap is above BP and less than 10 Billion of MasterCard. Will it stop here...
Yesterday’s trading was not to our liking with the euro and pound moving sideways within limited price ranges. We now hope for better and more profitable market conditions today as we have a big risk event coming up...
For several days in a row, the main US stock indexes are traded in a narrow range, while maintaining, in general, a positive dynamic. As it became known, on Saturday Trump stopped on the candidacy of Powell...
01.11.2017 USDJPY USDJPY managed to jump above 113.75 where we still awaiting testing 114.10-25 zone. From this zone 114.10-25 will expect market to construct another drop wave that may target 111.70-90 zone. Above 114.50 market may head for new advance that may target 115.40-50 zone...
According to statistics, more than 85% of transactions in financial markets are made with the participation of the US dollar, and about 30%, with the participation of the Euro. So, what do experts expect from the EUR/USD at the end of 2017 and in 2018...
GBPUSD: The pair looks to strengthen further higher towards it key resistance at 1.3337. Support lies at the 1.3250 level where a break will turn attention to the 1.3200 level. Further down, support lies at the 1.3150 level. Below here will set the stage for more weakness towards the 1.3100 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, November 1st The EUR/USD pair failed to sustain its bid tone, seen in early Europe, and returned to the red zone, as demand for the US dollar dominates the market today...
After the publication of data on the New Zealand labor market for the 3rd quarter, the New Zealand currency sharply increased in price during today's Asian session...
31.10.2017 GBPUSD GBPUSD still looking to test resistance trend aroun 1.3250-60 zone. As long as market holding below this resistance another drop wave will be expected toward 1.3040-60 zone. Above 1.3335 market may enter a new uptrend wave that may target 1.3500 zone...
CRUDE OIL: The commodity may be hesitating but it retains its broader medium term uptrend. On the downside, support resides at the 53.50 level where a break will expose the 53.00 level. A cut through here will set the stage for a run at the 52.50 level. Further down, support resides at the 52...
