Slightly lower. • GBP/USD is consolidating lower after sharp bullish rally. Resistance stands at 1.2905 (18/04/2017 low). The pair is now monitoring hourly support at 1.2775 (21/04/2017 low) as a...
Rally after first round. • EUR/USD is pushing higher. Hourly support can be found at 1.0682 (21/04/2017 base) then 1.0576 (11.04.2017 low). Stronger support can be found at 1.0494 (22/02/2017 low). Resistance...
According to the latest information, during the first round of the presidential elections in France, Emmanuel MacRon won 23.9% of the vote, the second among Marin Le Pen with 21.4%. It is likely that during the second round of elections, Macron can defeat Le Pen...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, April 24th The EUR/USD pair opened today with a huge gap, refreshing its half-year tops at the level of 1.0919, following E.Macron’s win at the first French election round with 23...
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Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bearish The trend upwards last week briefly broke the resistance line at 1.0750, then retraced. The support lines at 1.0700 and 1...
WTI Oil Prices declined after testing 54.00 USD levels. Goldman Sachs made a statement that fundementals are not matching with the declining oil prices. Technicals are telling me the same. In my video I tried to mentioned the key levels and the main direction of OIL prices...
If you are trading the euro, you need to be watching the election in France this weekend. While it is the first of two rounds with a final vote scheduled for May 7th, the winner's lead could set the tone for how European assets trade for the next few weeks...
GBPUSD: With the pair continuing to hold on to its corrective recovery following its past week gains, more strength is envisaged in the new week. Support lies at the 1.2750 level where a break will turn attention to the 1.2700 level. Further down, support lies at the 1.2650 level...
First, a review of last week’s forecast: - In the opinion of almost half of the experts (40%), supported by graphical analysis on H4, the pair EUR/USD, which has been moving in the medium-term rising channel that began in December 2016, had been expected to rise to 1...
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US Treasury Secretary Stephen Mnuchin said in his yesterday's speech that the tax reform plan will appear "very, very soon". This plan will be "decisive, substantial and will be the main priority for President Trump...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, April 21st The EUR/USD pair came out of its brief consolidation phase, seen in Asia, and now is moving in north direction on the back of positive German data...
GBP/USD rallies hard on the new UK Election news and shot up around 500 pips. When Theresa May made the announcement in the House of Commons, GBP/USD shot up like a bullet. When it comes to trading currencies, you should take the speeches made by Presidents and Prime Ministers seriously...
EUR/USD The pair raised a little more than 100 points at the beginning of the week and now is moving in the narrow range just above the level of 1.0700. Most likely, nothing will change in this pair until Monday morning when French presidential election result will be announced...
While the euro and the pound are growing again in the foreign exchange market, the dollar is in no rush to retreat against the yen and gold, which are asset-seekers...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, April 20th The EUR/USD pair is trading on firm note this Thursday, extending its bullish momentum in European morning after relatively quiet Asia...
