Current trend The US Dollar is strengthening again against “commodity” currencies, oil and precious metals. Yesterday, the US released GDP and GDP Price Index data which proved the stability of the economic situation in the country...
USDCAD: With USDCAD seen halting its corrective weakness and turning higher during Friday trading session today, risk of more strength is likely. This development leaves the pair targeting its key year-to-date resistance located at 1.3352 level. Further out, resistance resides at the 1...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: Will investors' questions on rate hike, inflation be answered in Jackson Hole...
#Oil is steady after the previous day #rally amid the growth of #StockMarkets, srong statistics on the U.S. GDP and #news from Nigeria. Although #Vista Brokers analysts note that the long-term #trend is still downward. Find out more by checking out the Source Link...
#GPBUSD is likely to determine with the direction soon. Maybe it will happen today, when the #UK reports on the #GDP data for Q2. #Analysts recommend to be out of the market in #EURUSD. Do you want to know why? Discover more by checking out the Source Link...
H4 price is located near and above Ichimoku cloud for primary bullish market condition. The price is on breakdown now for trying to cross Ichimoku cloud with 1.1202 support level located in the bearish area of the chart. If the price crosses 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, August 28th Yen was weaker in Asia as mixed data from Japan came in this morning. National CPI reading was flat versus negative figure expectations, while household spending rose modestly 0.6...
Some interesting data, which can affect #Forex #market #quotes will be released today in European countries. Switzerland and UK will report on #GDP and Germany will publish the #inflation data. According to #forecasts, #CPI has declined in the biggest economy of the #eurozone...
Some analytics are predicting for the Federal Reserve to rise the rates in September, some of them are expecting it in December or in the first half of 2016. So, when do you believe the Fed will raise rates? 1. Howard Simons, President of Rosewood Trading Inc...
GBPJPY: GBPJPY has halted its weakness to close higher on Thursday, leaving eyes on further upside. On the downside, support comes in at the 186.00 level where a violation will aim at the 185.00 level. A break below here will target the 184.00 level followed by the 183.00 level...
With the eurusd price retracing to the 1.12, which i was expecting it to do last week, i expect a price ranging at this level. I expect the price to touch 1.101, another key eurusd price fibo level, but probably next month...
With the gold price retracing to the 1118, which i was expecting it to do last week, i expect a price ranging at this level as it is a key fibo level of 50.0 of last month. I expect the price to touch 1101, another key gold price fibo level, but probably next month...
As Capital Economics found out, the MSCI Emerging Markets Index's 11 percent decline in local currency terms so far this month has pressed its 12-month forward price-to-earnings (P/E) ratio to 9.4 – a touch below its 5-year average of 10...
The U.S. economy looks a great deal more vivacious in the second quarter than beforehand suspected, as a report discharged Thursday indicated organizations got off the sidelines and spent some cash...
National brokers at Jackson Hole chase for answers on low swelling. Why is expansion subsequently low? Is it a proof that the U.S. economy hasn't recouped? Then again is it because of universal elements? These ar the inquiries Fed officers and global national investors can ponder at the U.S...
“Forget buying the dips. Sell the rips,” says The Daily Reckoning’s blogger Greg Guenthner, who advises investors against immediately trusting this rally or the big ones that will possibly come in the next few weeks...
EURUSD: EUR declined sharply on Wednesday and was seen weakening further during Thursday trading today. This development leaves the pair targeting its key support located at the 1.1128 level. Immediate support lies at the 1.1200 level where a violation will aim at the 1.1150 level...
Call Levels published a new chart on their Facebook page, showing alerts that users have created for AUDSGD over the past 3 days or so. The chart can be found below: Call Levels can be downloaded from Google Play and the App Store: https://play.google.com/store/apps/details?id=com...
W1 price is located below 200 period SMA (200-SMA) and below 100 period SMA (100-SMA) for the primary bearish with secondary ranging between Fibo resistance level at 1.1712 and Fibo suppoer level at 1.0807: The price is ranging between Fibo resistance level at 1.1712 and Fibo suppoer level at 1...