Volatility continued to decline as political concerns fade into the background. VIX is now at levels seen before the James Comey memo rocked equity markets...
Swiss trade data came on the soft side in April, highlighting the negative effects of a high level of political uncertainty that stemmed from the French elections and Brexit talks. Exports contracted 2.5% m/m in April compared to a downwardly revised reading of 1.8% in the previous month...
Against the background of the weakening of the US dollar and the rise in commodity prices, the NZD / USD pair has significantly increased over the past 1.5 weeks...
The euro further advanced against the U.S. dollar after German Chancellor Angela Merkel said the euro is "too weak" because of the European Central Bank's monetary policy. Her statement gave traders yet another reason to buy euros towards the next resistance level at 1.13...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, May 23rd Today the GBP/USD pair once again came under influence of negative events that have triggered another wave of risk-aversion sentiments across the board...
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EUR/USD The pair descended below the level of 1.12 and since then has been moving in a narrow range. The euro crossed two significant levels last week, however the downward movement will be limited by the growth of the euro paired with the pound...
Markets have refocused on fundamentals yet are keeping one eye on the political risks. With US President Donald Trump - the lone source of market volatility - now traveling in the world’s most unstable region, even the most bullish investor is skittish...
Strong demand. • Crude oil continues to bounce on shortsqueeze move. Support is given at a distance 43.76 (05/05/2017 low). Demand is very strong and the road is wide-open for further increase. • In the long-term, crude oil has recovered after...
Short-term bullish. • Silver increases. Strong support is given at 15.63 (20/12/2017 low). Closest support is given at 16.20 (04/05/2017 low). Key resistance is given at a distance at 19.00 (09/11/2017 high...
Ready for another leg higher. • Gold seems on its way back up. Hourly support is located at 1246 (18/05/2017 low). Stronger support is given at 1195 (10/03/2017 low). Expected to show further upside pressures...
Continued weakness. • EUR/CHF is getting lower. Despite the sharp increase and the recent bullish breakout which was very likely psychological, we believe that the medium-term pattern suggests us to see at...
Coinmarketcap gives information that on the 21st of May Bitcoin was above 2100$, and reached the peak of 2142,15$. The marketcap of Bitcoin reached 25 billion US dollars. Adam Davis from Altus Consulting said in CNBC interview, that bitcoin may reach 3000$ by the end of 2017...
Strengthening. • EUR/GBP is strengthening. The technical has turned positive since the pair has broken resistance at 0.8530 (25/04/2017 low). Support can be found at 0.8304 (05/12/2017 low...
Sideways price action. • EUR/JPY is trading mixed. Hourly support is given at 122.56 (18/05/2017 low). Major support is given at 114.90 (18/04/2017low). Expected to see further renewed buying pressures towards...
Monitoring symmetrical triangle. • AUD/USD is pushing higher since the pair reached hourly support at 0.7329 (09/05/2017 low). As long as prices remain below the resistance at 0.7608 (17/04/2017 high), the shortterm technical structure is negative. Expected to...
Wide-open for further decline. • USD/CAD keeps on weakening since the pair reached 1.3800. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017 high). Expected to show continued bearish...
Wide-open towards support at 0.9550. • USD/CHF continues to push lower since the pair broke support located at 0.9814 (27/03/2017 low). Strong resistance is given at 1.0107 (10/04/2017 high). Expected to continue going...
