Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 16th GBP/USD Current price: 1.3215 (-0.2...
This trading week ended with some interesting daily/intra-day results and setups for USD/JPY so, let's describe some of the interesting moments for this pair. D1 price is on primary bearish market condition: the price is on ranging within 103.80 bullish reversal resistance level and 101...
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions. For the next hours, I prefer sell setups on GBPUSD...
The Pound has been showing strength in the volumes lately, on the major pairs, with congestions showing a demand zone being formed at these prices. GBPUSD In GBPUSD the prices just bounced off the demand zone, which were the first long signal, due to the strength behind. The target is at 1...
Today, the BoE kept its monetary policy unchanged as expected. The BoE left the door open for more easing later this year if data meet expectations of the August projections. However, the BoE signals that the probability has declined, as near-term indicators have been better than expected...
Gold and USD strength still holding direction TP missed by 20 pip maybe tomorrow... Expecting pullback than from the daily low maybe after a false breakout, Gold like that to do. https://www.mql5.com/en/blogs/post/679077 www.CurrencyStrength28.com...
LONDON, Sept 15 The yen inched higher on Thursday as investors' sought safe havens in the face of a shaky atmosphere on stock markets...
The dollar rose against other major currencies after official data was released showing that the US private sector opened 177,000 jobs in August while analysts expected growth of only 175,000 after a gain of 194,000 jobs in July. Forex pair EUR/USD fell to 1.1131...
Chart of the Day – EUR/GBP Euro/Sterling has been trading broadly in a range (albeit with a mild upside bias) for the past few months since the huge volatility in the immediate aftermath of Brexit began to subside...
US DOLLAR Technical Analysis: Understanding 3M LIBOR’s 7-Yr High Talking Points: US Dollar Technical Strategy: Another Test at Key Resistance Deserves Our Attention 3M USD LIBOR 7-Year Highs May Be Indicative Of Increasing USD Strength Blackout Period For Fed Ahead of September 21 FOMC Likely Pus...
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions. For the next hours, I prefer sell setups on GBPJPY...
The yuan terms trade balance (USD terms will come out soon following) August trade surplus of 346bn yuan expected 373bn yuan surplus, prior 342.8bn) Exports +5.9% y/y (expected +2.9%, prior 2.9%) ... BEAT Imports +10.8% y/y (expected +0.7%, prior -5.7%) ... BEAT Awaiting the USD terms...
The AUD/USD pair keeps range near the upper bound of today’s trading range, as investors digest the latest upbeat Australian trade balance data. AUD/USD: 0.7700 closer? Currently, the AUD/USD pair now trades modestly flat at 0.7677, flirting with session tops previously posted at 0.7683...
In trend terms, the balance on goods and services was a deficit of $2,485m in July 2016, an increase of $62m (3%) on the deficit in June 2016...
Oil prices extended gains by more than 1.5 percent on Thursday after industry data showed what might be the largest weekly crude stock draw in over three decades. U.S. crude stocks surprisingly plunged 12...
PBOC inject 60bn yuan through 7-day reverse repos in open market operations (OMOs) today And 20bn through 14-dayers...
It will be difficult for ECB President Draghi to reach a consensus on extending bond purchases at this meeting...
Gold Prices Channel Deeper into Bull Flag Formation Talking Points: Gold Technical Strategy: Longer-term up-trend still alive, near-term bearish channel (bull flag formation). Gold prices are moving lower as investors have responded to a recent uptick in hawkishness from the Federal Reserve...
Fed's Beige Book "Prepared at the Federal Reserve Bank of San Francisco and based on information collected on or before August 29, 2016...
The Japanese economy posted only modest growth in the second quarter, placing more pressure on the Bank of Japan (BOJ) to enact new policies to stimulus growth. Japan’s gross domestic product (GDP) advanced 0...
