USD/CAD Yesterday the pair tested the level of 1.2135 (minimum since June 2015), although till the end of the day the pair reached about 100 pips and finished the day above 1.22. Now USD/CAD is consolidating in the range and may continue to fall...
According to the data published on Thursday, the growth of the Eurozone economy in the second quarter (in annual terms) was 2.3% (the forecast was + 2.2%). The data show that the economy of the Eurozone grew faster than in early 2017...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, September 7th The EUR/USD pair came out of its overnight phase of consolidation to the upside, having refreshed its daily tops at 1...
EURUSD: With the pair continuing to retain its downside pressure on correction, more weakness is likely despite present price hesitation. Resistance comes in at 1.1950 level with a cut through here opening the door for more upside towards the 1.2000 level. Further up, resistance lies at the 1...
Watch CAD on BoC meeting today At today’s Bank of Canada monetary policy meeting we now expected a 25bp hike. The Canadian economy has accelerated for multiple quarters and expectations for rapid rise in inflation will persuade the bank to act now...
Received yesterday, during the US trading session, weak macro data on the US contributed to a sharp intraday decline in major US stock indexes. The US Department of Commerce on Tuesday reported that production orders in July fell 3.3% compared to June, while orders for durable goods fell by 6...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, September 6th The EUR/USD pair shows subdued trading activity at the middle of this week, consolidation its positions in the 1.1920-30 tight range...
USD/JPY Yesterday the pair closed at the level of 108.80 - it is the minimum of the end of April 2017. The pair tested the level of 108.49 today. Any events at the European session today, so the dynamics of the pair will be determined by a subjective perception...
CRUDE OIL: The commodity has extended its bull pressure as it looks to build up on it further. On the downside, support resides at the 47.50 level where a break will expose the 47.00 level. A cut through here will set the stage for a run at the 46.50 level. Further down, support resides at the 46...
After yesterday, marked by sluggish dynamics and low volumes, today we see an increase in volatility and the resumption of a decline in the US dollar. The continuing tension in the Asia-Pacific region continues to stimulate purchases of assets-shelters, such as gold, yen, and franc...
//+------------------------------------------------------------------+ //| Calculate all pending orders for currebt symbol | //+------------------------------------------------------------------+ int CalculateAllPendingOrders() {...
USD/CHF The pair reached the local support in the area of 0.9550. Technically, a confident breakthrough below will speed up the sale, however in the long term the main support is at the level of 0.9450. USD/JPY The pair fell to 109.30 today and may move beyond the level of 109.00...
USD/JPY The pair closed at 110.25 on Friday, but this morning it was opened with a fall. A quick and strong recovery from the low seems to be able to close the gap, but a stable move above the 110.25 seems unlikely. Support is located at 109.50, followed by a minimum of 109.30. EUR/USD...
Gap lower. (By Peter Rosenstreich) • Bitcoin has set a new all-time high but declined today confirming increasing selling pressures. Monitor the key support at 4480. Strong support...
Challenging the key resistance at 47.15. (By Peter Rosenstreich) • Crude oil is showing some buying interest near key support at 45.46. Strong resistance can be found at 50.41 (31/07/2017). Hourly support is...
Bulls take-out resistance at 17.75. (By Peter Rosenstreich) • Silver has broken its key resistance at 17.75 opening the way for a test of the strong resistance at 18.65 (17/04/2017 high) while...
Dominate bullish pressure. (By Peter Rosenstreich) • Gold is strengthening with a sizable bullish gap on at the open. Hourly support is given at a distance 1251 (08/08/2017 low). Stronger support...
