EUR/USD The pair rose by 0.3% today and overcame the level of 1.1100. Let’s see if the report on inflation in the euro zone will push the pair to the next resistance zone in the area of 1.1141. According to forecasts, the overall CPI grew by 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, May 17th Having faced resistance in the area of 1.1120 level, the EUR/USD pair pulled back slightly, as bulls seems to be exhausted after 4-day northern rally. Today the pair refreshed its half-year tops at 1...
Interrupted by a series of non-stop 4-day growth, the price for Brent crude oil finished yesterday's trading day with a decrease of 1% or $ 0.6 per barrel...
Trading recommendations Sell Stop 1.1080. Stop-Loss 1.1125. Objectives 1.1035, 1.1000, 1.0950, 1.0900, 1.0875, 1.0820, 1.0800 Buy Stop 1.1125. Stop-Loss 1.1080. Objectives 1.1200, 1.1280. 1...
EURUSD: With the pair retaining its short term uptrend by rallying further on Tuesday, more strength is envisaged in the days ahead. Resistance comes in at 1.1100 level with a cut through here opening the door for more upside towards the 1.1150 level. Further up, resistance lies at the 1...
AUD/USD The Australian dollar is growing for the fifth consecutive day. The currency has strengthened by almost 0.2% today in AUD/USD, but has not yet reached yesterday’s intraday highs in the area of 0.7446. Technically the daily closing above 0...
The lack of a real driver has created choppy directionless trading. Yet for today, traders' attentions will focus back on the US data for support of the Fed policy path...
Later this afternoon, the UK will release April’s inflation report. Following last week's BoE meeting, investors will undoubtedly react negatively to an upside surprise in inflation. Indeed, Mark Carney warned that UK consumers will be squeezed this year as price pressures pick-up...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, May 16th The EUR/USD pair accelerated its upside traction in early Europe, keeping its bullish trend for the third consecutive session...
the gbp/usd will maybe give a bullish signal only when it will broke up the downtrend line and so the symbolic 1.30xx wait and see...
daily view of #eurusd seem to be a bullish breakout but at this price i prefer to wait and see how will be the pull back or maybe reversal bulltrap on a surprise speech of the ECB...
#gbpusd will maybe give a bullish signal only when it will broke up the downtrend line and so the symbolic 1.30xx wait and see...
The recovery of prices for oil and other commodities supports US stock indices. The increase in prices for iron ore and base metals supported the shares of companies in the mining sector. In the oil market, positive dynamics has also been prevailing over the last week...
Trading recommendations Sell Stop 1.0990. Stop-Loss 1.1045. Objectives 1.0950, 1.0900, 1.0875, 1.0820, 1.0800, 1.0780 Buy Stop 1.1045. Stop-Loss 1.0990. Objectives 1.1100, 1.1200, 1...
According to Bloomberg with it’s opinion poll of 15 investment bankers, nevertheless Euro Stoxx 600 (INDEX: EURO STOXX 600 PR Index [STOXX 600]) is showing the best rates since 2009, till the end of 2017 the European stocks will go lower the current level...
Short-term bounce above $16.00. • Silver's bearish pressures are still lively despite short-term consolidation. 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...
Strong upside pressures. • 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 crude oil is set to be monitor again the $50 mark...
Golden cross. • Gold seems on its way back up. Hourly support is now located at 1195 (10/03/2017 low). Expected to show further upside pressures. • In the long-term, the technical structure...
