Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, August 10th The EUR/USD pair has lost its bid tone and currently is navigating to the south, extending its retreat below the level of 1.1750, as the US dollar is recovering ground across the market...
As expected, the RBNZ kept the current interest rate in New Zealand at the same level of 1.75%. The RBNZ stated that against the backdrop of "many uncertainties," monetary policy "will remain soft in the foreseeable future," but "can be adjusted accordingly...
EURUSD: The pair continues to hold on to its downside pressure closing lower on Tuesday and set to extend further decline. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1...
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AUD/USD The Australian dollar suffered some losses today, falling to a three-week low. AUD/USD fell by 0.4% to the level of 0.7882. Some time before the pair reached the level of 0.7855, the minimum since July 18...
The escalation of geopolitical tensions, provoked by North Korea's threats against the United States, caused a sharp increase in demand for safe haven assets - yen, franc and precious metals...
Crypto rally is ongoing and there is no sign of slowing down anytime soon. ICOs are brewing everywhere, more and more businesses are willing to accept cryptos and people are interested to know more about it. What is/are the reason(s) behind this "madness"? Are the cryptos the new safe haven...
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GBPUSD: The pair continues to hold on to its downside pressure. Support lies at the 1.3000 level where a break will turn attention to the 1.2950 level. Further down, support lies at the 1.2900 level. Below here will set the stage for more weakness towards the 1.2850 level...
Despite data provided yesterday by the German Ministry of Economy, industrial production in June fell by 1.1%. This was the first reduction in production since December last year. Germany's exports in June compared with May decreased by 2.8...
AUD/USD The Australian dollar is trying to stabilize after the six days fall. Today published Business Confidence Index in Australia has reached the maximum values for the past three months. Such favorable business conditions were last observed in early 2008...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, August 8th The EUR/USD pair managed to retake its psychological level of 1.1800 in Asian trading session, extending its recovery after major pullback, seen last Friday...
All-time high!! (Yann Quelenn) • Bitcoin has surged above 3000. Hourly resistance is given at 3292 (06/08/20181 high) and hourly support lies very far at 2403...
Riding symmetrical triangle. (Yann Quelenn) • Crude oil is trading mixed. Hourly support is given at 47.86 (26/07/2017 low). Strong resistance can be found at 50.41 (31/07/2017...
Short-term bullish momentum is fading. (Yann Quelenn) • Silver's bullish pressures have faded after the commodity reached hourly resistance at 16.94 (02/08/2017 high). The commodity has broken...
Pushing lower. (Yann Quelenn) • Gold is consolidating lower. The commodity has broken support at 1254 (27/07/2017 low)/ Strong support is given at 1204 10/07/2017 high...
Profit-taking. (Yann Quelenn) • EUR/CHF's buying pressures are fading and selling pressures arise. Hourly support is located at a distance at 1.1412 (04/08/2017 low...
