Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, December 12th The EUR/USD pair broke out of its consolidation trend at the beginning of European trades on the back of broad retreat of the US dollar...
11.12.2017 USDJPY USDJPY managed to break above 113.20-30 resistance zone which may activate farther advance toward 114.40 zone As long as market holding above 113.00 more advance toward 114.40 zone will be expected Below 113.00 market may enter new downtrend wave that may target 111.50-70 zone...
GBPUSD: The pair closed lower the past leaving risk of more weakness on the cards in the new week. Support lies at the 1.3350 level where a break will turn attention to the 1.3300 level. Further down, support lies at the 1.3250 level. Below here will set the stage for more weakness towards the 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, December 11th The EUR/USD pair remains better bid at the start of this week on the back of broad weakness of the US, as mixed data from the US labor market failed to cheer up US bulls...
Major US stock indices on Monday remain positive dynamics, stably bargaining on eve of the Fed meeting scheduled for December 12-13...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
Bitcoin is making new highs at $19,000. Many brokers have BTC/USD available for trading. With 1 standard lot you can buy around 10 bitcoins as of yesterday. There is an intense debate ranging on whether bitcoin is a bubble or something real...
EURUSD: The pair weakened further the past week leaving risk of more decline on the cards. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1...
First, a review of last week’s forecast: - Medium-term forecasts often come true much faster than expected. 65% analysts had expected that EUR/USD would test the midpoint of the 1.1575-1.2090 side channel - along which it has been moving for several months - in the medium term...
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08.12.2017 USDJPY USDJPY (113.33): The U.S. dollar posted strong gains following the rebound off the 112.00 level of support. Price action remains biased to the upside especially after breaching the 113.20 level of resistance...
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Daily economic digest from Forex.ee Stay informed of the key economic events Friday, December 8th The EUR/USD pair keeps navigating southwards for the fourth session in a row, remaining within striking distance of its 2-week lows, marked in the area of 1.1740...
The pound continues to trade stably ahead of the publication (13:30 GMT) of data from the US labor market, including against the dollar...
The popularity of forex automatic trading robots keeps increasing, in spite of the dubious returns generated by using them...
GBPUSD: The pair held of lower prices to close higher on a rally on Thursday. This development has opened the door for more strength in the days ahead. Support lies at the 1.3450 level where a break will turn attention to the 1.3400 level. Further down, support lies at the 1.3350 level...
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Tomorrow we are expecting the NFP release by the USA. The USD currency is seen as positive compared to previous state. As a trader, i would like to advise all my fellow traders to observe the market before placing any trade. There shall be high volatility and huge spikes may be expected...
