Dollar trades generally weaker today except versus Yen and Canadian Dollar, where it's consolidating in oversold conditions. The greenback, nonetheless, continues to feel the weight added by dovish testimony of Fed Chair Janet Yellen...
Litecoin – despite the name “Lite”, this digital currency is far from being “Lite”, with more than $2B in market cap, rank fourth in Cryptocurrency chart by aforementioned criteria, after Bitcoin, Ethereum (being available for trading, along with Litecoin against USD and EUR) and Ripple...
In the last closed session GBPJPY has rewinded for 0,55% going over 146,00 again. For the next hours, I still prefer short setups with stop loss over 147,00...
USDJPY: The pair continues to retain its downside pressure on correction. On the downside, support comes in at the 113.00 level where a break if seen will aim at the 112.50 level. A cut through here will turn focus to the 112.00 level and possibly lower towards the 111.50 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 13th Seems that the sharp sell-off of the USD/CAD pair, triggered by hawkish BoC decision, ran out of steam, after the pair faced support at the level of 1.2681, which was last seen on June 24, 2016...
Today, the pair AUD / USD again approached the annual highs of 4-month old near the 0.7745 mark. The Australian currency is growing, receiving double support from strong data on China's foreign trade balance and after the publication of the consumer price inflation indicator in Australia...
USD/JPY The first day of Janet Yellen speech in the Congress made a mixed impression on foreign exchange markets, but the yen reacted very positively. The head of the US Federal Reserve System issued a very conservative forecast for the economy and monetary policy...
The daily close of GBPJPY under the support 146,00, now resistance, suggest me to keep short setup even for the next session...
USDCHF: With the pair closing lower on Tuesday, further bearishness is envisaged. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level...
As per my previous post, Ethereum is, to say at least, the most interesting cryptocurrency this year (so far). Angel and Demon (depending on when and what price you bought it) for the past month or so, currently is hovering around $200 and there is no clear direction for the near future...
After the National Bureau of Statistics of Great Britain presented today very encouraging data from the UK labor market, the pound strengthened in the foreign exchange market. According to the data provided, for the period March-May unemployment fell to 4...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 12th The EUR/USD pair corrected slightly lower from its 14-month highs, posted at 1.1489 this morning, on the back of minor profit-taking actions ahead of Fed Chair J.Yellen’s testimony...
We got what we were looking for in yesterday’s analysis: A breakout in the EUR/USD. The euro broke out of its narrow trading range and surpassed the 1.1445-barrier. Our long entry has thus proved a success. We are now looking for additional upside in this pair and look at higher targets at 1...
USD/JPY The pair managed to overcome resistance level of 114.36 yesterday and tested the maximum in the area of 114.49. However, the breakout was false and the pair returned to the range below 114.00 by the end of the day. An anti-risk sentiment and a decrease of U.S...
This week Yellen testifies and USA. Inflation information is free (along with sales data) thus investors are able to place a lot of precise guesses on once Fed can rise Interest Rates once more this year...
The EURUSD pair succeeded to confirm breaching 1.1418 level strongly after closing the daily candlestick above it, to reinforce the expectations of continuing the rise on the short term basis, and the way is open to head towards our targets that reach to 1.1565 followed by 1.1615...
Crypto currencies...blockchains...digital currency...you're hearing this terms almost every day. Today we will talk about Ethereum...
Hello Traders, on 11th of july session we have seen a negative variation of -0,33% on GBPJPY that can be considered a substantial inversion signal for daytraders. So for the next opening session of 12th july I prefer short setups , especially under 146,00 area floor...
