"Core inflation is still slow and has not yet shown convincing signs of acceleration. Price pressure and wage growth are still restrained, "European Central Bank board member Yves Mersch said today in Singapore. The rate of price growth in the Eurozone last month slowed to 1...
EUR/USD Euro has firmly established in the middle of the range 1.16-17. The currency is in no hurry to move from the two-year highs. The US currency is still under the pressure across the market, it means that EUR/USD has a chance to test the upper limit of the mentioned range in the near future...
USDJPY: The pair continues to hold on to its downside pressure closing lower the past week. On the downside, support comes in at the 110.50 level where a break if seen will aim at the 110.00 level. A cut through here will turn focus to the 109.50 level and possibly lower towards the 109.00 level...
Consolidating around 2700. (By Yann Quelenn ) • Bitcoin has surged strongly last week. Hourly resistance can be found at 3000 (12/06/2017 high) and hourly support is given at 2615...
Renewed bearish pressures. (By Yann Quelenn ) • Crude oil is trading lower. Hourly support is given at 43.65 (10/07/2017 low). Strong resistance given at 48.42 (05/06/2017). Expected...
Bullish. (By Yann Quelenn ) • Silver is pushing higher after the bounce still bouncing from hourly support given at 15.18 (10/07/2017 low). Key resistance is given at a...
Bullish momentum continues. (By Yann Quelenn ) • Gold's is trading higher after the precious metal reached the support given at 1204 10/07/2017 high). Hourly resistance lies at 1258...
Pushing higher. (By Yann Quelenn ) • EUR/CHF is still trading above psychological level at 1.1000 and the pair is ready to monitor 1.1100. Selling pressures are growing below...
Stalling below 0.9000. (By Yann Quelenn ) • EUR/GBP is very volatile. The pair has surged toward 0.9000. Hourly resistance is given at a distance at 0.8742 (16/07/2017 low). Downside...
Consolidating. (By Yann Quelenn ) • AUD/USD's technical structure is bullish since early May despite some profit-taking. Hourly resistance is given at 0.7989 (19/07/2017 high...
Riding lower. (By Yann Quelenn ) • USD/CAD is going lower and the pair remains in a strong bearish momentum. Hourly support is given at 1.2524 (21/07/2017 low). Hourly...
Continued weakness. (By Yann Quelenn ) • USD/CHF is pushing lower. Hourly resistance can be found at 0.9696 (09/06/2017 high). Strong resistance is given at 1.0107 (10/04/2017 high...
Strong bearish pressures. (By Yann Quelenn ) • USD/JPY still lies in a bearish momentum. Hourly support is given at 110.65 (16/06/2016 low). Stronger support is located at a distance at...
Sideways price action. (By Yann Quelenn ) • GBP/USD is around the 1.3000 mark. Hourly resistance is given at 1.3126 (16/07/2017 high). Hourly support is given at 1.2933 (20/07/2017...
Continued bullish momentum. (Yann Quelenn ) • EUR/USD bullish pressures continue. Hourly resistance given at 1.1584 (18/07/2017 high) has been broken. Hourly support can be found at...
On Monday in St. Petersburg is a meeting of some members of OPEC and countries outside the cartel. Saudi Energy Minister Khaled Al-Falih and Russian Energy Minister Alexander Novak will chair this meeting...
EUR/USD The forecast for EUR/USD remains positive, there are any changes. The nearest support is provided by the short-term uptrend at the level of 1.1384 and the uptrend at 1.1481. There is an opportunity for testing 1.1713/36, the high of August 2015...
