Dollar Awaits US GDP and Next Trump Volley, Volatility Simmers Talking Points: • UK GDP offered less motivation to the Pound than the government's Brexit bill for Parliament to digest • President Trump charges the anti-trade concerns once again with suggestions of a 20% tax on Mexican imports • T...
GOLD: The commodity closed further lower on Thursday leaving risk of more weakness on the cards. On the downside, support comes in at the 1,180.00 level where a break will turn attention to the 1,170.00 level. Further down, a cut through here will open the door for a move lower towards the 1,160...
DAX Challenging 2015 Levels, CAC 40 Correction Looks Over What’s inside: DAX breaks out…finally Top-side levels in play CAC 40 looks to resume higher after ending corrective phase...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, January 26th Brexit developments continue to direct the market lately, sending the GBP/USD to refresh its 6-week highs at 1.2662...
Trump Policy Guessing Game Continues, Pound to Look Past UK GDP Talking Points: British Pound unlikely to find strong lead in 4Q UK GDP data Trump-watching continues to preoccupy the financial markets An augmented “Trump trade” narrative may be taking shape...
EURUSD: With the pair pulling back on Tuesday and remaining vulnerable to the downside, risk of a follow through lower is likely. On the down, support lies at the 1.0700 level where a violation will aim at the 1.0650 level. A break of here will aim at the 1.0600 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, January 25th The GBP/USD pair regained most part of its losses after recent drop, however, now is easing from its overnight highs...
GBP/USD Event Risk Fails Clear Break, S&P 500 Grows More Extreme Talking Points: Despite event risk on crucial themes for both sides of the pair (Brexit, US trade policy), GBP/USD failed to break The short-term impact from Australian 4Q CPI proves more productive for AUD/USD and other Aussie...
In the Currency Strength table the AUD was the strongest currency while the GBP was the weakest for the second week. The AUD gained 4 points last week and the JPY gained 3. The USD and CHF lost 3 points...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: AUD(4X) with the NZD(3X) followed by the USD(2X). The weaker currencies are the JPY(4X) followed by the CAD(3X) and the GBP(2X...
On 15 Jan 2017 10:05 PM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for EURCAD currency pair at 1.39739 under 60, 233, 50. The position closed on 24 Jan 2017 05:00 PM UTC at 1.41366 and the profit was 1.16%. AdMACD parameters for EURCAD on close were 60, 233, 50...
On 23 Jan 2017 01:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for NZDUSD currency pair at 0.71859 under 22, 179, 8. The position closed on 24 Jan 2017 10:00 AM UTC at 0.72296 and the profit was 0.61%. AdMACD parameters for NZDUSD on close were 22, 179, 8...
On 19 Jan 2017 09:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for USDJPY currency pair at 114.812 under 8, 25, 26. The position closed on 24 Jan 2017 05:00 AM UTC at 112.989 and the profit was 1.59%. AdMACD parameters for USDJPY on close were 8, 26, 25...
On 20 Jan 2017 05:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for GBPUSD currency pair at 1.23283 under 8, 74, 4. The position closed on 24 Jan 2017 04:00 AM UTC at 1.25209 and the profit was 1.56%. AdMACD parameters for GBPUSD on close were 8, 74, 4...
USDJPY: The pair may be hesitating but remains weak and vulnerable to the downside on correction. On the downside, support comes in at the 113.00 level where a break if seen will aim at the 112.50 level. A cut through here will turn focus to the 112.00 level and possibly lower towards the 111...
Pivot Points Hourly Last Updated: Jan 24, 4:01 am -08:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.06988 1.07177 1.07299 1.07366 1.07488 1.07555 1.07744 USD/JPY 112.881 113.103 113.185 113.325 113.407 113.547 113.769 GBP/USD 1.23964 1.24225 1.24387 1.24486 1.24648 1.24747 1.25008 USD/CHF 0.9962 0...
GBP/USD Sinks After Supreme Court Says Brexit Needs Parliamentary Approval Talking Points - Government needs parliament’s approval to trigger Article 50, Supreme Court rules - GBPUSD slumps as ‘hard Brexit’ still the most likely outcome The British Pound sank Tuesday, making a fresh low for the d...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, January 24th The GBP/USD eases its positions after three consecutive session of gains, as we head into European session...
