GBPUSD: With the pair taking back its Wednesday gains to weaken further on Thursday, further move lower is expected. On the downside, support lies at the 1.2600 level where a break will turn attention to the 1.2550 level. Further down, support lies at the 1.2500 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, October 6th EUR/USD Current price: 1,1185 (-0,2%) Session range: Open 1.1205 High 1.1214 Low 1.1184...
The two primary themes in the foreign exchange market today was sterling weakness and U.S. dollar strength. In many ways, these two trends came hand in hand as sterling’s losses were compounded by the rise in the dollar while the dollar’s attractiveness was driven by problems in Europe...
Trading recommendations Buy Stop 1278.00. Stop-Loss 1265.00. Objectives 1290.00, 1300.00, 1324.00, 1350.00, 1370.00, 1385.00 Sell in the market. Stop-Loss 1278.00. Objectives 1252.00, 1218.00 Technical analysis In late September, the pair XAU / USD has broken the important support level of 1324...
EURUSD: The pair continues to face consolidation risk after closing marginally lower on Tuesday. It follow through on recovery within its range is now underway. Support lies at the 1.1200 level. Further down, support lies at the 1.1150 level where a violation will aim at the 1.1100 level...
Trading recommendations Sell Stop 1.1190. Stop-Loss 1.1225. Targets 1.1120, 1.1045, 1.0975 Buy Stop 1.1240. Stop-Loss 1.1205. Targets 1.1285, 1.1350, 1.1400, 1.1430, 1.1485, 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, October 5th EUR/USD Current price: 1.1217 (0.1%) Session range: Open 1.1204 High 1.1230 Low 1.1199...
USDJPY: The pair saw a rally on Tuesday opening the door for more strength in the days ahead. On the downside, support comes in at the 102.00 level where a break if seen will aim at the 101.50 level. A cut through here will turn focus to the 101.00 level and possibly lower towards the 100...
GOLD: The commodity looks to extend its weakness following its Monday losses. On the downside, support comes in at the 1,300.00 level where a break will turn attention to the 1,290.00 level. Further down, a cut through here will open the door for a move lower towards the 1,280.00 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, October 4th GBP/USD Current price: 1.2773 (-0.5%) Session range: Open 1.2842 High 1.2861 Low 1.2756...
AUD/USD Little Changed as RBA Opts for Status Quo Post Rate Cut Talking Points The Australian Dollar was little changed against its major peers after the RBA policy announcement The Reserve Bank of Australia maintained its status quo forecast after cutting rates back in August No dovish surprise...
GBPUSD: The pair continues to threaten further downside pressure after declining on Monday. On the downside, support lies at the 1.2800 level where a break will turn attention to the 1.2750 level. Further down, support lies at the 1.2700 level...
Pivot Points DAILY Last Updated: Oct 3, 2:30 pm PDT Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10167 1.11141 1.11735 1.12115 1.12709 1.13089 1.14063 USD/JPY 99.192 100.225 100.747 101.258 101.78 102.291 103.324 GBP/USD 1.28033 1.28896 1.29303 1.29759 1.30166 1.30622 1.31485 USD/CHF 0.94864 0.95954 0...
AUD to Eye Sept High on Upbeat RBA; GBP Weighed by Brexit Timeline Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller Talking Points: - AUD/USD to Stage Larger Recovery on Wait-and-See RBA, Rebound in Retail Sales...
EUR/GBP, GBP/JPY, & GBP/USD near Breaking Points as Brexit Fears Resurface Talking Points: - UK Prime Minister Theresa May signals triggering of Article 50 by March 2017. - Increasingly looking like a 'hard Brexit' is a likely outcome...
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USDCHF: The pair now faces upside pressure having halted its weakness the past week. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level. On the upside, resistance resides at the 0...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, October 3rd GBP/USD Current price: 1.2858 (-0.9%) Session range: Open 1.2919 High 1.2947 Low 1.2845...
The biggest story in the financial markets today is Deutsche Bank and the growing fear that they will become the next Lehman Brothers. In the last 24 hours shares of DB has fallen more than 7% intraday, the Dow dropped nearly 1% and currencies are falling out of bed...