Int'l financial institutions are continuing to analyse the situation with the USD after FOMC Meeting Minutes, and "developments" in China, Greece and commodities...
EURGBP: Sees Price Extension With Eyes On 0.7222 Level EURGBP: With the cross strengthening further on Friday following its Thursday gain, further bullishness is likely towards its key resistance seen at the 0.7222 level. On the upside, resistance lies at the 0...
Current trend Yesterday, the CHF significantly grew against the USD, which was a result of the poor FOMC Minutes, published on Wednesday. Furthermore, Jobless Claims in the US grew from 273 K to 277 K. At the same time, the CHF was supported by macroeconomic statistics, published on Thursday...
Data on manufacturing PMI in China worsened investors' sentiment regards #economic of this country. This caused another wave of decline in Asian #StockMarkets and the #CommodityMarket. The #oil price falls the eighth week in a row, which is the most lingering fall since 1986...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, August 21st EUR/USD surged more than 1% amid Fed rate hike uncertainty as currency traders analyze the outcome of FOMC minutes that were published on Friday. The pair traded between 1.1107 and 1...
Waiting for today's D1 candle to close, i have some thoughts to share about the eurusd price movements. To have known for more than a month about the euusd price movement to 1.12 and not make money on that knowledge and face the risk of losing the account is very typical in forex trading...
Gold prices are sharply higher and trading close to a five-week high on Thursday but the metal must to keep the momentum. Market strategist Bill Baruch said that the minutes from Wednesday’s FOMC is the key catalyst behind gold’s run...
Waiting for today's D1 candle to close, i have some thoughts to share about the gold price movements. To have known for more than a month about the gold price movement to 1170 and not make money on that knowledge and face the risk of losing the account is very typical in forex trading...
The current week in #Forex was busy and today it ends with another day full of important #releases. Some countries will report on the data regards economic activity in various sectors of economies. #Canada is to publish statistics on retail sales and inflation...
GBP/NZD: bullish. The pair is on bullish condition for the ranging between 2.2671 key support level and 2.4021 key resistance level. Tenkan-sen line is far above Kijun-sen line of Ichimoku indicator for the bullish trend to be continuing. We think that 2...
GBPJPY: GBPJPY may be consolidating within its broader range but looks to weaken further towards the 191.93 zone. On the downside, support comes in at the 192.00 level where a violation will aim at the 191.00 level. A break below here will target the 190.00 level followed by the 189.00 level...
W1 price is on primary bearish with secondary ranging: key support level is 0.7234 as a good bearish target. Descending triangle pattern was fomed by the price with 0.7234 support to be crossed for the bearish trend...
For some time now that I’ve been looking closely at the Yen’s daily movements. Prices are swinging around a resistance made back in 2007, and it’s interesting to note that so far there has been a rejection of new highs...
GOLD (XAUUSD) Gold experienced a smooth downwards movement in July - consolidating for about two weeks from the beginning of August before breaking upward last week, consolidating again at the end of last week and breaking northwards again this week… a particularly interesting outcome, as Gold wa...
USD/JPY: bullish. This pair is on bullish market condition with the ranging between 121.69 key support level and 125.85 key resistance level. The price is trying to break two ascending triangle patterns for the breakout to be started. We think that 125...
Glencore Plc's first sale of stock stamped six extremely rich people in 2011, when Ivan Glasenberg and five different officials together controlled stakes worth $24 billion...
Common gas in the U.K., Europe's greatest business sector for the fuel, tumbled to new lows as oil costs tumbled and imports of condensed regular gas took off. U.K...
Abu Dhabi's oil advertisers plan to host a gathering for purchasers amid a vitality exchanging meeting one month from now in Singapore, a push by the Persian Gulf emirate to raise piece of the overall industry in the midst of a worldwide supply excess. State-run Abu Dhabi National Oil Co...
Li & Fung Ltd., the world's biggest supplier of garments and toys to retailers, reported first-half center working benefit drooped 20 percent in the midst of powerless interest from its clients in the U.S. what's more, Europe...
EURUSD: With EUR turning higher to reverse part of its four-day losses on Wednesday, further push higher is likely. It was seen at the time of this analysis heading further higher with eyes on the 1.1213 level. Support lies at the 1.1100 level where a violation will aim at the 1.1050 level...
