According to data provided today by IHS Markit Ltd., the Purchasing Managers Index (PMI) for the UK manufacturing sector rose to 58.2 in November (the previous estimate was 56.6, the forecast was 56.5). Thus, the November figure was the highest in 51 months...
After an active 4-week growth, the GBP / USD is declining during today Asian and European sessions. Nevertheless, the current decline is of a short-term nature. The positive dynamics of the pound and GBP/USD remains...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, December 1st The EUR/USD pair extends its upside trend for the third session in a row, keeping its positions above the level of 1.19 at the last working day of the week...
30.11.2017 GBPUSD British pound managed to print above resistance 1.3430-60 which may be the sign of more advance toward 1.3560. Intraday levels showing supports at 1.3430 and 1.3370 where as long as market holding above one of those supports more advance toward 1.3560 is expected. Below 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, November 30th The EUR/USD pair failed to keep positive tone in early Europe and dropped to session lows, marked in the region of 1.1810, despite better-than-expected data reports from German labor market...
According to the US Department of Commerce, the gross domestic product, the broadest indicator of the production of goods and services in the economy, increased by 3.3% per annum in the third quarter (the forecast was + 3.0% and + 3.1% quarter). This growth was the strongest in three years...
29.11.2017 GBPUSD GBPUSD managed to fell below 1.3280 where managed to re-test 1.3230 before maret advance fast after the U.K. cleared a major Brexit hurdle. Market managed to hit target 1.3415 while Intraday showing resistance zone at 1.3430-60. As long as market holding below 1...
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Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, November 29th The pair EUR/USD resumed the upside on Wednesday, correcting higher from its weekly lows, marked at 1.1827 during the last NA session...
After yesterday, the main US stock indexes updated the absolute highs, today the indices are traded in a narrow range, maintaining a positive momentum...
28.11.2017 EURUSD Euro failed to hold trades above first support 1.1910 which may lead for more drop to test second support 1.1860 zone. As long as market holding above 1.1860 the chance for another advance toward 1.1980 still on hand. Below 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, November 28th The EUR/USD pair came out of its consolidation phase this morning, having dropped below the level of 1.1900 on the back of attempts of the US dollar to extend yesterday’s recovery trend...
"I think that the agreement (between the government and the Bank of Japan on the target inflation rate of 2%) remains in force, and I do not see any need to change anything", Japanese Prime Minister Shinzo Abe said today in a speech to members of the parliamentary committee...
27.11.2017 GBPUSD British pound managed to print above 1.3335 resistance zone last week in signs of more advance yet to come. Market facing first support at 1.3305 where as long as market holding above more advance toward 1.3460 is expected. Below 1...
GOLD: The commodity looks to extend upside pressure as it was seen following through higher on Monday. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level...
Ready to reach 10k. (By Yann Quelenn) • Bitcoin has jumped over the weekend. The technical structure shows a tremendous positive short-term momentum. Hourly support is located...
Ready for further upside. (By Yann Quelenn) • Crude oil has finished its consolidation and is now ready to challenge the 60-dollar level. Expected to show continued increase. Support is...
Holding above 17.00 (By Yann Quelenn) • Silver is heading higher. Hourly support can be found at 16.60 (27/10/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high...
Riding uptrend channel. (By Yann Quelenn) • Gold is pushing higher. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017...
