Bouncing back. • AUD/USD's technical structure is positive since early May. Yet, in the short-term there will likely be bearish pressures towards support given at 0.7520 (09/06/2017 low...
Buying demand is fading. • USD/CAD is in a consolidation phase after the strong decline. Hourly support lies at 1.3165 (14/06/2017 high). Expected to show continued weakness towards support given at 1.3010...
Short-term selling pressures. • USD/CHF is pushing lower. Hourly resistance can be found at 0.9771 (09/06/2017 high). Strong resistance is given at 1.0107 (10/04/2017 high). Expected to show continued short-term bearish...
Continued consolidation before testing again resistance at 112.13. • USD/JPY has failed to monitor resistance given at 112.13 (24/05/2017 high). Hourly support can be found at 108.89 (14/06/2017 high). Stronger...
Strengthening within downtrend bearish move. • GBP/USD is still bouncing higher since the pair failed to hold below former hourly support given at 1.2636 (09/06/2017 low). Hourly resistance lies...
Selling pressures are important at 1.1200. • EUR/USD is trading mixed. The pair is still trading below strong resistance given at 1.1300 (09/11/2017 high). Hourly support can be found...
Dear Traders, We warmly welcome you to a new trading week in the extremely low-volatile markets where liquidity dried up substantially. Facing these challenges, day traders will have to settle for less, at least as long as catalysts are absent...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, June 26th The EUR/USD pair regained positive tone on the European opening, as the US dollar remains unable to recover its positions across the market...
Today, global stock indexes are growing. The stabilization of oil prices renders support to the stock market. In recent days, there has been a sharp drop in energy prices. The price of WTI oil last week fell by more than 20% from the February high...
USD/JPY The US dollar rallied during the week, breaking above the top of the candle from the previous week. I think that short-term pullbacks will be buying opportunities. Ultimately, I expect that this market will go looking for the 112.50 level above...
USD/CAD The US dollar initially tried to rally during the week, but turned around to show signs of weakness. Pay attention to the crude oil market, it will drive where this pair goes. If we can break down below the uptrend line underneath, I feel that the market goes down to the 1.30 level...
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Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Neutral After moving between the resistance line at 1.1250 and the support line at 1.1100, no other significant movement was seen last week...
GBPUSD: The pair continues to face upside pressure but within its established range. Support lies at the 1.2700 level where a break will turn attention to the 1.2650 level. Further down, support lies at the 1.2600 level. Below here will set the stage for more weakness towards the 1.2550 level...
WEEKLY FOREX ASTROLOGY REVIEWS WEEK 26/2017 Ideas and thoughts can become a reality. You have to give time for the idea to mature and moved into physical condition. If the emerging market trend change - you have to wait until the market forth this change. As long as it ripens and is confirmed...
EUR/USD rises towards 1.12, turns flat on the weekWith a daily gain of more than 50 pips, the EUR/USD pair was able to erase it weekly losses and is about to close the week near the 1.12 handle, for the second week in a row. As of writing, the pair is trading at 1.1197, up 0.4% on the day...
First, a review of last week’s forecast: the holiday season is approaching, which may be the cause of the diminishing stream of significant economic events...
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New Home Sales (MoM)Link The number of New Home Sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated...
GBPUSD: The pair continues to face upside pressure but within its established range. Support lies at the 1.2700 level where a break will turn attention to the 1.2650 level. Further down, support lies at the 1.2600 level. Below here will set the stage for more weakness towards the 1.2550 level...
