EURUSD: The pair closed higher the past week triggering the resumption of long term uptrend. On the upside, resistance comes in at 1.2250 level with a cut through here opening the door for more upside towards the 1.2300 level. Further up, resistance lies at the 1...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
Today I want to discuss a position opening. We are talking about the AOTI indicator. Product URL I have already told you about The Simplest Way to Trade by the Levels Remind you a little bit...
First, a review of last week’s forecast: - EUR/USD. Recall that the majority of experts (55%), supported by graphical analysis and oscillators on D1, voted for the pair's growth to 1.2200...
GBPUSD: The pair faces further move higher as it builds up on its Thursday gain. Support lies at the 1.3600 level where a break will turn attention to the 1.3550 level. Further down, support lies at the 1.3500 level. Below here will set the stage for more weakness towards the 1.3450 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, January 12th The EUR/USD pair extends its sharp bullish rally, having refreshed its 3-year highs at 1.2137 spot this morning...
While the dollar continues to scale down, the rally in the US stock market continues. On Friday, the main US indices reached new record highs, having successfully started in 2018...
As the statistical agency Eurostat reported on Thursday, industrial production in the Eurozone rose by 1.0% in November (+ 3.2% in annual terms). The forecast of economists assumed an increase of 0.6% (+ 2.9% compared to the same period of the previous year...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, January 11th The EUR/USD pair remains defensive this Thursday, having lost the most part of its recent gains...
USDJPY: The pair closed further lower on sell off on Wednesday. On the downside, support lies at the 111.00 level where a break if seen will aim at the 110.50 level. A cut through here will turn focus to the 110.00 level and possibly lower towards the 109.50 level...
Ready for a bearish breakout. • Bitcoin is suffering these past few days. The technical structure has shown a tremendous positive short-term momentum so far. Hourly support area located around 10775 (22/12/2017...
According to official data published on Wednesday, UK manufacturing production in November increased by 0.4% (forecast was + 0.3%) and by 3.5% in annual terms. Data for October were revised upwards (+ 0.3%, and not 0.1%, as previously thought...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, January 10th The EUR/USD pair stalled its recent retreat and now is attempting to recover positions. On Tuesday, the major currency pair met some support in the vicinity of 1...
EURUSD: The pair continues to decline extending its corrective pullback on Tuesday. On the upside, resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1.2100 level where a break will expose the 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, January 9th The EUR/USD pair remains offered for the third consecutive session, extending its retreat from the area of its multi-year tops, located near the level of 1.2090...
With the coming of the new year, the decline in the dollar, especially noticeably observed at the end of the past year, continued. Nevertheless, the dollar is gradually beginning to win back the lost positions...
EURJPY: With the pair following through lower to decline further on Monday, more weakness is envisaged towards its key support located at 134.79. On the downside, support comes in at the 134.50 level where a break if seen will aim at the 134.00 level. A cut through here will turn focus to the 133...
