The dollar continues to bargain with the rise after it rose on Wednesday amid new signs of strengthening the labor market in the US...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, December 7th The EUR/USD pair consolidates its positions today within 1.1790-1810 after 2-days retreat, backed by broad demand for the US dollar...
06.12.2017 EURUSD EURUSD facing first Intraday resistance at 1.1865-80 where as long as market holding below the downtrend pressure will sustain toward 1.1715-30 support zone which may provide some rebound correction for market. Above 1.1880 market may have chance to re-test 1...
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GBPUSD: The pair failed to follow through lower on Wednesday causing to decline further. This leaves GBPUSD weak and vulnerable to the downside with eyes on the 1.3300 zone. Support lies at the 1.3350 level where a break will turn attention to the 1.3200 level. Further down, support lies at the 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, December 6th The EUR/USD pair failed to keep its yesterday’s recovery trend and once again came under selling pressure, moving closer to its 2-week lows, marked near the level of 1.1800 a day before...
In the focus of attention of traders today will be the meeting of the Bank of Canada and publication of the decision on the interest rate. Bank of Canada twice this year raised rates - in July and September. Inflation remains below the target level of 2...
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05.12.2017 USDJPY USDJPY facing Intraday resistance at 113.20-30 where as long as market holding below another drop wave toward 111.50 will be expected. Above 113.30 more advance toward 114.30-40 zone is expected. Below 110.85 market may head for farther drop wave toward 109.50 zone...
CRUDE OIL: The commodity faces further downside pressure as it looks to follow through lower on Tuesday. On the downside, support resides at the 57.00 level where a break will expose the 56.50 level. A cut through here will set the stage for a run at the 56.00 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, December 5th The EUR/USD pair regained bearish tone in early Europe, as the greenback caches fresh bids on Tuesday...
During today's Asian trading session, the Australian dollar was growing. First, it rose against the background of more positive than expected retail sales figures for October. According to the data, retail sales in October in Australia increased by 0.5%, exceeding expectations...
04.12.2017 XAUUSD XAUUSD (1274.36): Gold prices remain volatile as price attempted to test the resistance level at 1285 before closing lower. The retest back to the support level at 1274.70 signals a possible move back to the upside...
GBPUSD: The pair now faces risk of a trend resumption after reversing its Friday losses on during Monday trading session. Support lies at the 1.3500 level where a break will turn attention to the 1.3450 level. Further down, support lies at the 1.3400 level...
A Christmas rally is possible. (By Yann Quelenn) • Bitcoin is now consolidating below 12k. The technical structure shows a tremendous positive short-term momentum. Hourly support is located...
Ready for another leg higher. (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...
SHARE Share on Twitter Share on Facebook More options BTC/USD marks during Asian hours a brand new record to beat It is moving within a short-term bullish channel of complex resolution The BTC/USD bullish bias is so entrenched that it makes for just enough to meet the retracement patterns...
Collapsing. (By Yann Quelenn) • Silver is heading lower. Hourly support can be found at 16.13 (07/08/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high...
Ready for further downside. (By Yann Quelenn) • Gold is pushing lower. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017...