#gbpusd will maybe give a bullish signal only when it will broke up the downtrend line and so the symbolic 1.30xx wait and see...
The recovery of prices for oil and other commodities supports US stock indices. The increase in prices for iron ore and base metals supported the shares of companies in the mining sector. In the oil market, positive dynamics has also been prevailing over the last week...
Trading recommendations Sell Stop 1.0990. Stop-Loss 1.1045. Objectives 1.0950, 1.0900, 1.0875, 1.0820, 1.0800, 1.0780 Buy Stop 1.1045. Stop-Loss 1.0990. Objectives 1.1100, 1.1200, 1...
According to Bloomberg with it’s opinion poll of 15 investment bankers, nevertheless Euro Stoxx 600 (INDEX: EURO STOXX 600 PR Index [STOXX 600]) is showing the best rates since 2009, till the end of 2017 the European stocks will go lower the current level...
Short-term bounce above $16.00. • Silver's bearish pressures are still lively despite short-term consolidation. Strong support is given at 15.63 (20/12/2017 low). Closest support is given at 16.20 (04/05/2017 low). Key resistance is...
Strong upside pressures. • Crude oil continues to bounce on shortsqueeze move. Support is given at a distance 43.76 (05/05/2017 low). Demand is very strong and crude oil is set to be monitor again the $50 mark...
Golden cross. • Gold seems on its way back up. Hourly support is now located at 1195 (10/03/2017 low). Expected to show further upside pressures. • In the long-term, the technical structure...
Fading below 1.1000. • EUR/CHF's volatility is getting stronger. Resistance given is given at 1.0978 (09/05/2017 high). Despite the sharp increase and the recent bullish breakout which is very likely...
Ready for further decline. • EUR/GBP is trading lower. The technical structure remains negative as long as the resistance at 0.8530 (25/04/2017 low) holds. Expected to show continued weakness until...
Sideways price action. • EUR/JPY's bullish run has stalled below range resistance at 124.59 (07/05/2017 high), Hourly support is given at 122.93 (05/05/2017 low). Major support is given at 114.90 (18/04/2017low...
Bouncing within symmetrical triangle. • AUD/USD has paused above key support at 0.7339 (intraday low). As long as prices remain below the resistance at 0.7608 (17/04/2017 high), the short-term technical structure is negative...
Weakening. • USD/CAD has declined after failing to reach 1.3800 before bouncing back. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017 high). Expected to show...
Bouncing back lower. • USD/CHF has paused after sharp reversal off 1.0107 high (10/04/2017 high). Support located at 1.0049 (10/05/2017 low) has been broken. Expected to consolidate around parity...
Consolidation phase. • USD/JPY is pushing higher since the pair broke resistance given at 112.20 (31/03/2017 high). Hourly support can be found at 113.86 (11/05/2017 low). Stronger support is located at...
Sideways price action. • GBP/USD is trading mixed. Hourly resistance is given at 1.2989 (07/05/2017 high). Hourly support can be found at 1.2757 (21/04/2017 low). An unlikely break of this support would indicate...
Medium-term bullish. • EUR/USD is trading higher towards resistance at 1.1023 (07/05/2017 high). Stronger support is now given at 1.0682 (21/04/2017 base) and key support can be found at 1.0494 (22/02/2017 low...
USD/JPY The dollar is falling today in almost all currency pairs except the yen. The USD/JPY returned to the middle of the range of 113.00-114.00 after testing intraday lows in the area of 113.15 mainly due to decrease of U.S. government bond prices on the Friday session...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, May 15th Today the EUR/USD pair continues to keep its bid tone, refreshing its weekly tops at 1.0947 mark, on the back of ongoing softness of the US dollar...
