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...
Short-squeeze. • USD/JPY has exited the symmetrical triangle and keeps pushing lower despite ongoing bullish consolidation. Hourly support is given at 110.24 (18/05/2017 low). Stronger support is...
Trading around 1.30. • GBP/USD is trading sideways. Hourly resistance is given at 1.3048 (18/05/2017 high). Hourly support are given at 1.2831 (04/05/2017 low) and1.2757 (21/04/2017 low). An unlikely...
Strengthening. • EUR/USD is trading higher. Resistance now lies at 1.1212 (19/05/2017 high). Hourly support can be found at 1.0842 (11/05/2017 low). Strong support is now given at 1.0682 (21/04/2017 base...
Dear Traders, We welcome you to a new trading week. Last week ended with a spike high of 1.1212 in the EUR/USD while continuing U.S. dollar weakness remains the dominant market theme...
The previous week, oil prices continued to rise. Optimism of investors was caused by media reports that Saudi Arabia and Russia are in favor of a 9-month extension of the agreement...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, May 22nd The EUR/USD pair extended its consolidation pattern of 15-pips into early Europe, however, remaining near lower bound of its trading corridor just below 1...
On Monday, the dollar is restoring its positions against the euro and yen. At the beginning of the European session, the pair EUR / USD is trading near the level of 1.1180...
short open at 1.5160 first target 100pips at 1.5060,target 2 = 1.50100 if all good is 160 pips...
