Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, December 5th The EUR/USD pair regained bearish tone in early Europe, as the greenback caches fresh bids on Tuesday...
During today's Asian trading session, the Australian dollar was growing. First, it rose against the background of more positive than expected retail sales figures for October. According to the data, retail sales in October in Australia increased by 0.5%, exceeding expectations...
04.12.2017 XAUUSD XAUUSD (1274.36): Gold prices remain volatile as price attempted to test the resistance level at 1285 before closing lower. The retest back to the support level at 1274.70 signals a possible move back to the upside...
GBPUSD: The pair now faces risk of a trend resumption after reversing its Friday losses on during Monday trading session. Support lies at the 1.3500 level where a break will turn attention to the 1.3450 level. Further down, support lies at the 1.3400 level...
A Christmas rally is possible. (By Yann Quelenn) • Bitcoin is now consolidating below 12k. The technical structure shows a tremendous positive short-term momentum. Hourly support is located...
Ready for another leg higher. (By Yann Quelenn) • Crude oil has finished its consolidation and is now ready to challenge the 60-dollar level. Expected to show continued increase. Support is...
SHARE Share on Twitter Share on Facebook More options BTC/USD marks during Asian hours a brand new record to beat It is moving within a short-term bullish channel of complex resolution The BTC/USD bullish bias is so entrenched that it makes for just enough to meet the retracement patterns...
Collapsing. (By Yann Quelenn) • Silver is heading lower. Hourly support can be found at 16.13 (07/08/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high...
Ready for further downside. (By Yann Quelenn) • Gold is pushing lower. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017...
Continued increase. (By Yann Quelenn) • EUR/CHF continues to push towards resistance area above 1.17 and support given at 1.1610 (27/10/2017 low). Expected to show continued...
Monitoring symmetrical triangle. (By Yann Quelenn) • EUR/GBP is consolidating after the recent collapse. The pair has broken hourly support at 0.8791 (07/11/2017 low). Resistance is located at...
Irish border roadblock drags GBP and boosts FTSE US markets boosted by tax reform expectations UK construction output rises at five-month high Hopes of an early-morning Brexit breakthrough have been dashed, with discussions over an Irish border resolution seemingly no closer to a resolution...
Riding downtrend channel. (By Yann Quelenn) • AUD/USD is ready to go even lower showing that downside pressures are still lively. Hourly resistance is given at a distance at 0.7897...
Monitoring resistance at 1.2667. (By Yann Quelenn) • USD/CAD is approaching hourly support lies at 1.2667 (10/11/2017 low). Hourly resistance stands at 1.2917 ( 27/10/2017 high).Expected to show...
GBPUSD, "Great Britain Pound vs US Dollar" The GBP/USD pair is falling. We think, today the price may reach 1.3384 and then grow towards 1.4370. Later, in our opinion, the market may continue falling with the target at 1.3296...
Lack of follow-through. (By Yann Quelenn) • USD/CHF has been very volatile lately. The technical structure indicates further downside risks. The pair has failed to hold consistently...
Short-term increase. (By Yann Quelenn) • USD/JPY keeps on pushing higher. The pair has strongly bounced back. Hourly resistance is given at 112.70 (30/11/2017 high...
Strong buying demand. (By Yann Quelenn) • GBP/USD has been trading lower over the past few days but the technical structure indicates an extension of bullish momentum. Support is given...
Ready to bounce back. (By Yann Quelenn) • EUR/USD's bullish momentum continues. Hourly resistance is now given at 1.1961 (27/11/2017 high). Hourly support is given at...
