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AUD/USD For the first time in two years AUD/USD rose above 0.7800 on Friday. From a technical point of view it is a very remarkable event, potentially indicating the possibility of growth to the next target in the area of 0.80. However, it is not necessary to hurry up with optimistic conclusions...
"Trading is Life", is my view after all this investment and trading field. How come? In life, we always go through the journey up and down. There is always a peak and there is always a base. Our quality as human in life is determined by the journey itself...
GOLD: With the commodity continuing to retrain its recovery, more gain is envisaged. On the downside, support comes in at the 1,210.00 level where a break will turn attention to the 1,200.00 level. Further down, a cut through here will open the door for a move lower towards the 1,190.00 level...
Trade in the market and life. What is common to them. The common thing is that you never know what's going to be next. You can only predict. And your forecast will be better if it takes into account the maximum variations of events. But it's never possible to foresee all details...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish This pair has been climbing since June 27 (maintaining its bullishness), and continued to zig-zag up last week to close above the support line at 1.1450 on Friday...
EURUSD: The pair continues to hold on to its medium term uptrend with more strength envisaged in the new week. Resistance comes in at 1.1500 level with a cut through here opening the door for more upside towards the 1.1550 level. Further up, resistance lies at the 1...
Hi traders, How have you been last week on GBPUSD ? :) Today, I am thinking about USDJPY, I saw there's a critical ranging level and next break...
The global economy is in good shape and the CIO believes areas of weakness are not a cause for immediate concern. The CIO remains confident in the global recovery, writes Mark Haefele. Optimism about the outlook for the global economy has been relatively high...
Inflation data and central bank meetings will be the focus of next week. But we wouldn't hold our breath – the meetings in emerging market countries are unlikely to bring major changes. EURUSD bulls, like us, will be more concerned about the ECB press conference on Thursday...
To begin with, a few words about the forecast for the previous week, which ended up being almost 100% correct for EUR/USD, GBP/USD and USD/JPY. - Recall that the overwhelming majority (70%) of experts and almost 100% of indicators voted for the growth of the EUR/USD. 1...
Many forex traders underestimate successful trading on demo accounts. Unrealized profits make them think that success is a waste. Actually, trading performance in a demo account can be a barometer of beginner's progress...
The EUR/USD pair recorded a 50-pip jump in the first hour of the NA session and approached its 14-month top, which it set on Wednesday at 1.1473. While holding on to its daily gains, the pair is trading at 1.1467, up 0.6%, or 70 pips, on the day...
The demand for the shared currency remains firm at the end of the week, taking EUR/USD to the upper end of the range in the 1.1460/70 band...
Today, the main US stock indexes are traded in a narrow range in anticipation of the publication of key US inflation indicators. Investors will also closely monitor the reporting of the largest US banks. Today begins the reporting period for US banks, including Citigroup Inc., J.P...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, July 14th The EUR/USD pair remains largely flat-lined near the level of 1.14 on the final day of this week, barely benefiting from shrinking expectations of Fed aggressive tightening policy...
The EURJPY pair ends the negative fluctuation by providing clear positive close above 128.35 main support, hinting keeping the main bullish bias domination, while the price needs to surpass 129...
The EURUSD pair hovers around the EMA50 since yesterday, and we still waiting to surpass 1.1418 barrier to confirm resuming the main bullish trend, which is organized inside the bullish channel that appears on chart, as our next main targets located at 1.1565 followed by 1.1665...
The greenback, in terms of the US Dollar Index, is trading on the back footing early in the European session although it manages to keep the area around 95.50 for the time being...
