GOLD: The commodity continues to hold on to its upside pressure short term though hesitating on Tuesday. On the downside, support comes in at the 1,250.00 level where a break will turn attention to the 1,240.00 level...
The pound is now suffering a one-month low against the greenback after the pair hit $1.30 for the first time in nine months. Traders and investors are monitoring the UK election as it looks like that the Conservatives lead is getting smaller...
The latest batch of data from the world’s largest economy failed to impress, suggesting that investors continue to discount President Trump’s reflation trade. The Fed’s favourite gauge of inflation, the core personal expenditure, slid to its lowest level since 2015 as it printed at 1...
EUR/USD Published retail sales statistics in Germany could not inspire the pair to break through support in the area of 1.1150/60, despite the fact that the index lost 0.2% (monthly) and 0.9% (annual). A confident breakthrough of 1.1150 will lead us to the significant support level of 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, May 31st The EUR/USD pair recovered a smile in early Europe on the back of broad dollar’s retreat, trying to retake the level of 1.1200...
It seems that the main European stock indexes can finish this week in a negative territory. The election of the president of France is already behind, and the positive momentum begins to fade as weak macro statistics from the Eurozone arrive...
What are Forex Signals? A Forex signal means an exchange that is recommended for two or three cash. This proposal is for the most part worked out by an inspector who is human or a customized Forex robot. This proposition is given to the endorser of the signal organization of Forex...
EURUSD: With the pair rejecting lower prices to close higher on Tuesday, further bullishness is likely in the days ahead. Resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1...
ECB Governor Mario Draghi remains convinced that the Eurozone needs an extra support stemming from current monetary policy...
The US dollar rose across the board on Tuesday after a day off for US and UK investors. The Japanese yen was the only G10 currency that was able to keep its head above the water, thanks to solid April’s retail sales data (3.2%y/y versus 2.3% median forecast...
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Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, May 30th The EUR/USD pair extends its downside trend for the fourth session in a row, having dropped to its 7-day lows on the back of recent news of Greek debt troubles...
The Australian dollar has recently remained one of the weakest against the US dollar. Despite the fact that earlier in the month the RBA retained the interest rate in Australia at 1...
Paul Singer - investor and billionaire is bracing for “all hell to break loose” in the stock market.
Market Watch informs that Paul Singer the head of Elliott Management is preparing to the collapse on the financial markets and saves billions against the rainy day...
EUR/USD is a great pair. Most of the time it doesn't move. But when it moves it easily moves 150-200 pips. When you are trading EUR/USD make sure you avoid entering the market when it moves sideways. If you have been reading my blog, you should by now know that I take risk management very serious...
The ECB 8th June meeting has become a critical event. With EU economic data continuing to outperform and French legislative elections further removing political risk, the ECB has additional freedom to adjust policy...
Strong volatility. • Crude oil has collapsed after the bounce on short-squeeze move. Support is given at a distance 43.76 (05/05/2017 low). Demand was very strong and the road is wide-open for further...
