Check Trading Recommendations - HERE! Overview and Dynamics In anticipation of the key news from the Eurozone and the US, the EUR / USD will remain under pressure...
United Overseas Bank made a technical forecast for GBP/USD stated that bear market rally will be continuing up to 1.55 as a real target: "We maintains it bullish view on the pair with a target of 1.5570." "We just shifted to a bullish at this stage, there is no change to our view...
Bank of America Merrill Lynch confirm the outlook favours the British pound over the euro despite recent advances in the EURGBP exchange rate. The euro has come under pressure once more as the medium-term recovery rally runs into resistance...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, October 19th NZD/USD slipped lower on Monday as Chinese GDP growth rate slowed from the previous 7% to its current 6.9%. Industrial production figures in China were in red colour at 5...
There was a rebound of #AUDUSD from a medium-term downtrend line. It should be noted that today #China has published important #indicators that were sufficiently mixed. #Economies of China and #Australia are closely related, so the #market reaction may still occur in the near future...
#Bulls failed to consolidate above a #resistance level. On Friday, a corrective decline of #EURUSD was caused with consumer sentiment data published in the USA. At the same time, we state the fact that #quotes were fixed directly on a #support line of a current #uptrend...
BNP Paribas suggested to make a short with EUR/USD with 1.0900 target and 1.1630 stop loss, and it is based on 3 fundamental reasons: "Further risk-on – Eurozone capital outflows resume and markets start to reprice Fed hikes = EURUSD lower...
Daily price is on bullish condition located to be above Ichimoku cloud within the following key support/resistance levels: 1.1713 key resistance level located far above Ichimoku cloud in the primary bullish area of the chart; 1...
A new week in #Forex has started with a large portion of mixed data released in #China. Asian #markets reacted to statistics with a multidirectional movement. The #euro is rising against the #dollar, recovering losses, received during the last week. Find out more by checking out the Source Link...
CRUDE OIL: The commodity may have closed lower the past week and reversed most of its previous week gains but on the daily chart it has put in a temporary bottom. This could trigger further recovery in the new week. On the downside, support resides at the 47...
United Overseas Bank made some technical forecast for AUD/USD for the coming days stated that the price will unlikely cross 0.74 resistance from below to above because this resistance level is the crucial one: "The short-term AUD/USD strength tested 0.7360 (high of 0...
Here’s the market outlook for this week: EURUSD Dominant bias: Bullish This pair initially moved upwards last week, but could not reach the resistance line at 1.1500 before correcting downwards. Price closed at 1...
Hello traders and welcome to the new trading week, you will now see the most important fundamental news that might affect your trading...
EURUSD: Having EUR closed slightly lower the past week on a rejection candle print, it faces additional weakness in the new week. This view remains valid as long as the pair can trade and hold below its key resistance zone at 1.1459/94 level. Support lies at the 1...
Michael Liebreich, the founder of Bloomberg New Energy Finance, set forth three trends the global energy market is being through. They mark the “age of plenty”...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week. When looking at the Top 10 in the Weekly Ranking and Rating list we can see that many pairs are not in a trend...
EURJPY: The cross took back most its previous week gains to close lower on Friday. This development leaves it vulnerable to the downside in the days ahead. While holding below the 136.96/137.44 zone,its key overhead resistance, risk remains lower. Support comes in at the 135...
First, a few words about the forecast for the previous week: - the forecast for EUR/USD can be considered to have been fulfilled by 99...
