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: As the euro is suffering, its British counterpart looks dreadfully good...
BNP Paribas maintains short position for EURUSD from early this week from 1.1025 with 1.05 as a target, and those are 5 reasons about why this bank is considering the short for this pair: Greek outcome. "The EUR’s attempts to rally on positive Greek news proved short-lived this week...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, July 17th Yesterday, EUR/USD fell, despite the weakening of the dollar caused by lower reading of the Philadelphia Fed Manufacturing Index. Although, the greenback remained supported by the speech of J. Yellen...
Consumer Price Index (CPI) measures the price that consumers pay for those goods. Released at 8:30 am eastern standard on approximately the 15th of each month, the Consumer Price Index (CPI) is a measure of the changes in prices paid by urban consumers for a fixed basket of goods and services...
On the 4 hour chart EUR/USD has a bearish pattern. A Heikin-Ashi chart smooths out the candlestick. You buy when the candlestick is green and has no lower shadows and sell when it red as long it has no higher shadows. Get 100$ free bonus from the best Asian broker https://www.instaforex.com...
W1 price is located above 200-period SMA and below 100-period SMA for the primary bullish market condition with secondary ranging between Fibo support level at 126.08 and Fibo resistance level at 141.05: 38.2.% Fibo level at 135...
Although the Greek parliament accepted austerity measures preventing the country from an immediate default, there are still considerable risks ahead, notes ratings agency Moody’s. Greece’s fiscal strength was “low” and the potential to reduce its debt burden was not clear...
The euro exchange rate complex remains under pressure on news that the ECB will keep its monetary policy unchanged...
Current trend As it was expected, after the correction to the lower border of the ascending channel, the USD went up again. At the end of the last and in first half of this week the "bullish" sentiment prevailed in the pair...
1. At the center or first level of the market is something known as the Interbank market. While technically any bank is part of the Interbank market, when an FX Trader speaks of the interbank market he or she is really talking about the 10 or so largest banks that make markets in FX...
W1 price is located below 200-period SMA and below 100-period SMA for the primary bearish market condition with secondary ranging between 61.8% Fibo support level at 1.0843 and Fibo resistance level at 1.1466: 50.0% Fibo support level at 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 16th AUD/USD falls amid yesterday strong U.S. PPI data and investors looking ahead to the timing of a likely rate hike. The pair is down to 0.7370. The support and resistance levels are located at 0...
Danske Bank is the 3rd bank estimating the EUR/USD to be around 1.02 - 1.04 at year-end. This bank explained it by 3 reasons: "Firstly, the Greek contingent deal implies that the saga continues...
Societe Generale evaluated the daily GBP/USD charts and estimated the bullish breakout for this pair with 61.8% Fibo level as a target at 1.5700: "GBP/USD now appears to inch higher towards 1.57/1.5790. 1.5950 decides about next leg of uptrend...
Citibank provided some forecasts concerning fundamental news events on Thursday related to ECB meeting and potential EUR reaction. Citi described it on 4 points to be mention: "European data has improved, but undeniably the risks to Europe have increased...
NZD/USD: Short position closed The open position for the NZD/USD has been closed on July 13 as a precaution. A profit has been made of 72 pips. The pair is still in a downtrend and had a strong pullback...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price crossed 0...
Data on China's quarterly growth released Wednesday beat analysts' forecasts signalling that the world's second largest economy is gaining momentum. However, these new numbers have spurred concerns over their accuracy...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bullish ranging between 23.6% Fibo support level at 15.40 and Fibo resistance level at 17.75: 23.6% Fibo support level at 15...
