All Blogs
U.S. Presidential Election Series: Why Trump can Win the Presidency Dumbfounding many political pundits and proving many more wrong, Donald Trump has emerged as presumptive Republican nominee for the race to the White House...
FxWirePro: GBP/USD Trades Weak on Softer CPI, Good to Sell on Rallies Major Resistance – 1.4550 Major support- 1.4445 (55 day 4H EMA) Cable has retreated from high of 1.45239 after softer CPI data. It is currently trading around 1.4470 level. UK CPI came at 0.3% y/y compared to forecast of 0...
US Mortgage Rates Decline Despite Rising Home Sales; Mortgage Applications Up The United States mortgage rates have gone down in the past despite rising demand for home loans. Mortgage rates are at a historic low of 2.69 pct for a 15-year fixed rate loan, the lowest since the WWII...
GOLD, Weekly Forecast, May 16 - 20: Break Down of 1269 will Open Target on 1240 Main scenario: The pair is trading along an sideways trend between support 1269 and resistance 1294...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, XAU/USD Analysis for May 17th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar has broken the channel of the third descending structure and right now is consolidating. We think, today the price may fall towards 1.1300...
GBP/USD, Weekly Forecast, May 16 - 20: Rebounding from Resistance 1.4525 to Support 1.4345 Main scenario: Market is rebounding from the resistance 1.4525 with target on support level 1.4345. Alternative scenario: An downtrend will start as soon, as the pair drops below support level 1...
EUR/USD, Weekly Forecast, May 16 - 20: Rebounding from Main Support 1.1355 with Possible Target on 1.1615 Main scenario: The pair is trading along an downtrend with target on 1.1215, that may be expected to continue, while pair is trading below resistance level 1.1370...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, May 17th EUR/USD is still keeping its position above 1.13, trading modestly flat. Due to lack of fundamentals from Euroland, focus will remain on US macro releases...
EURUSD: Faces Downside Pressure On Bear Pressure EURUSD: With EURUSD continuing to maintain its downside pressure, further downside pressure is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1150 level...
Crude Oil Prices Remain in the Limelight – Danske Bank Senior Analyst at Danske Bank Morten Helt has assessed the recent price action in crude oil...
EUR/USD Bearish, Eyes 1.1215 – UOB Analysts at UOB Group have turned bearish on EUR/USD, expecting a visit of 1.1215 in the near term. Key Quotes “We turned bearish EUR yesterday but highlighted that the downside potential is likely limited to 1.1215”...
EUR/USD Still Faces Downside Risks – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the likeliness of the pair to resume its downside. Key Quotes “EUR/USD has sold off towards and is seeing a small rebound from the 1.1279 55 day ma”...
Why Should Oil Bulls be Cautious? Production drop in United States to 8.8 million barrels/day, close to 1.8 million per day production drop in Canada due to wildfire and outages in countries like Libya, Nigeria is fuelling the rise in oil prices. WTI is currently trading at $48...
It seems that patience of the bulls in #GPBUSD wore out, as they show serious intentions to leave the familiar area 1.4350-1.4500. Based on the current dynamics and the overall technical picture, there is a possibility of an uptrend resumption. Find out more by checking out the Source Link...
It is a serious obstacle on the way of bulls in #USDJPY. At the same time, it can be passed today, given a significant activity in the last few hours. Today's U.S. statistics may have a decisive influence on the future dynamics of the pair. Find out more by checking out the Source Link...
Summary : Target Level : 0.7423 Target Period : 3 days Analysis : Falling Wedge has broken through the resistance line at 17-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 0.742...
Ahead we have UK CPI from which could be a major mover with US CPI later in the NY session. EURGBP long was stopped out on pound strength along with the recent Brexit poll that showed 55% to stay versus 40% to leave...
The dollar weakened Monday against the euro and a host of other rivals after Federal Reserve data showed a decline in New York-area manufacturing activity. The euro EURUSD, +0.1945% rose to $1.1331 in recent trade, up from $1...
Australian Bonds Slump on Firm Risk Sentiments The Australian government bonds slumped Tuesday on tracking overnight rally in crude oil prices and equities market...
