The dollar continues to strengthen in the foreign exchange market, and gold - to decline in price amid news and talk about the appointment of President Donald Trump the new chairman of the Fed...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, October 23rd The EUR/USD pair remains under bearish control on Monday, as continuing political uncertainty surrounding Spain and positive mood of the US dollar are limiting pair’s chances to recover its positions...
GOLD: The commodity reversed its previous week losses to close lower on Friday. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 level...
EURUSD: With the pair seen closing lower the past week, more weakness is envisaged. Resistance comes in at 1.1850 levels 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 1.2000 level...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
The soul of the expert advisor lies in its custom indicator. If the custom indicator gives high quality buy/sell signals, expert advisor will work like charm. Designing a custom indicator is the challenge that requires a lot of hard work however...
First, a review of last week’s forecast: - Last week, we were unwilling to give any forecast for EUR/USD pair. Our reluctance proved to be well-founded...
GBPUSD: The With a temporary bottom seen, we may see further recovery higher. Support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level. Below here will set the stage for more weakness towards the 1.3000 level...
After a 6-week continuous growth, the Japanese stock index Nikkei reached several multi-year highs, bargaining at the end of today's Asian session near the mark of 21500.00...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, October 20th The EUR/USD pair met strong selling pressure on Friday after two consecutive session with gains, falling below the level of 1.1800...
EURUSD: With the pair seen following through on the back of its Wednesday gains on Thursday, more strength is expected in the days ahead. 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...
According to official data released on Thursday, in September, as compared to August, retail sales decreased by 0.8% (the forecast was -0.1% and weak growth in August +0.9%). In the third quarter, compared to the same period last year, retail sales grew by only 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, October 19th The EUR/USD pair stays positive on Thursday, having refreshed this week tops at 1.1822 level, as slight weakness of the US dollar is one of the key driving factors on the market...
In Crypto World, fork became a very common term, Ethereum being the latest one to do (another) one...
USDJPY: The pair looks to correct further higher as it followed through higher on the back of its Tuesday gains on Wednesday. On the downside, support comes in at the 112.50 level where a break if seen will aim at the 112.00 level. A cut through here will turn focus to the 111...
Speaking today at the opening of the conference dedicated to structural reforms held at the ECB headquarters, the president of the European Central Bank, Mario Draghi, did not concern the monetary policy decisions expected from the ECB on October 26...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, October 18th The EUR/USD pair extends its bearish trend for the fifth consecutive session, remaining within striking distance of its weekly lows, marked yesterday at 1.1736 spot...
EURUSD: With the pair weakening further during Tuesday trading session, more decline is envisaged with eyes on its psycho support at 1.1700. 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...
