USDJPY: With the pair selling off further on Thursday, further bearishness is likely. On the downside, support comes in at the 109.00 level where a break if seen will aim at the 108.50 level. A cut through here will turn focus to the 108.00 level and possibly lower towards the 107.50 level...
EUR/USD Forex traders are waiting the inflation data in the US, which will be published today. It is expected that the growth of consumer prices accelerated from 1.6% in June (annually) to 1.8% in July. A weak inflation data may be enough to close the euro above $1...
As reported today by the International Energy Agency (IEA), the world oil supply in July increased by 520,000 barrels a day, even despite the arrangements in OPEC. Growth in the supply of oil has been observed for 3 consecutive months. The supply of oil in the world increased in July to 98...
EUR/USD Euro tested the area under the level of 1.17 yesterday. By the end of the US session it managed to return to the middle of the range 1.17-1.18, but today in Asia the euro was under pressure again. Technically the pair can adjust to the level of 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, August 10th The EUR/USD pair has lost its bid tone and currently is navigating to the south, extending its retreat below the level of 1.1750, as the US dollar is recovering ground across the market...
As expected, the RBNZ kept the current interest rate in New Zealand at the same level of 1.75%. The RBNZ stated that against the backdrop of "many uncertainties," monetary policy "will remain soft in the foreseeable future," but "can be adjusted accordingly...
EURUSD: The pair continues to hold on to its downside pressure closing lower on Tuesday and set to extend further decline. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1...
MQL5 is an object oriented programming language similar to C++. MQL5 is better than MQL4 when it comes to programming. The problem with MQL5 is it lacks good libraries. When I say good libraries I mean machine learning and deep learning libraries. I have an easy solution...
AUD/USD The Australian dollar suffered some losses today, falling to a three-week low. AUD/USD fell by 0.4% to the level of 0.7882. Some time before the pair reached the level of 0.7855, the minimum since July 18...
The escalation of geopolitical tensions, provoked by North Korea's threats against the United States, caused a sharp increase in demand for safe haven assets - yen, franc and precious metals...
Crypto rally is ongoing and there is no sign of slowing down anytime soon. ICOs are brewing everywhere, more and more businesses are willing to accept cryptos and people are interested to know more about it. What is/are the reason(s) behind this "madness"? Are the cryptos the new safe haven...
Ethiopia Land of Origin We have organized Tour Join Our Group Ethiopia Invites you to discover why it is the Origin of so much History and Culture, Vibrantly Alive in a landscape of dramatic Beauty. 1...
GBPUSD: The pair continues to hold on to its downside pressure. Support lies at the 1.3000 level where a break will turn attention to the 1.2950 level. Further down, support lies at the 1.2900 level. Below here will set the stage for more weakness towards the 1.2850 level...
Despite data provided yesterday by the German Ministry of Economy, industrial production in June fell by 1.1%. This was the first reduction in production since December last year. Germany's exports in June compared with May decreased by 2.8...
AUD/USD The Australian dollar is trying to stabilize after the six days fall. Today published Business Confidence Index in Australia has reached the maximum values for the past three months. Such favorable business conditions were last observed in early 2008...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, August 8th The EUR/USD pair managed to retake its psychological level of 1.1800 in Asian trading session, extending its recovery after major pullback, seen last Friday...
