Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bearish The market moved sideways from Monday to Thursday last week, and then slid 85 pips on Friday...
Daily price is on secondary correction within the primary bullish market condition: the price is started with the breakdown on open daily bar for now with 1.1140 support level to be tested to below for the bearish reversal to be started...
First, a review of last week’s forecast: – giving the forecast for EUR/USD, the vast majority of experts believed that for a while the pair would be moving sideways backing on the support of 1.1200, which was happening during the whole week, up until the middle of Friday...
Daily price is located above Ichimoku cloud in the bullish area of the chart. The price is on bullish breakout with ascending triangle pattern to be formed by the price to be crossed to above together with 1.3235 res. for the breakout to be continuing...
The recent rise of global long-term bond yields remains the overriding driver of FX markets. Indeed, the move constitutes a tightening in global financial conditions that erodes market risk sentiment, and hurts higher-yielding and commodity currencies...
The chart show negative correlation between both...
If USD Index break 94 to the downside then its trend might have changed its direction from upside to downside. As USD Index is forming lower highs Gold is forming Higher lows getting ready for an upside move...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 16th GBP/USD Current price: 1.3215 (-0.2...
This trading week ended with some interesting daily/intra-day results and setups for USD/JPY so, let's describe some of the interesting moments for this pair. D1 price is on primary bearish market condition: the price is on ranging within 103.80 bullish reversal resistance level and 101...
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions. For the next hours, I prefer sell setups on GBPUSD...
The Pound has been showing strength in the volumes lately, on the major pairs, with congestions showing a demand zone being formed at these prices. GBPUSD In GBPUSD the prices just bounced off the demand zone, which were the first long signal, due to the strength behind. The target is at 1...
Today, the BoE kept its monetary policy unchanged as expected. The BoE left the door open for more easing later this year if data meet expectations of the August projections. However, the BoE signals that the probability has declined, as near-term indicators have been better than expected...
Gold and USD strength still holding direction TP missed by 20 pip maybe tomorrow... Expecting pullback than from the daily low maybe after a false breakout, Gold like that to do. https://www.mql5.com/en/blogs/post/679077 www.CurrencyStrength28.com...
LONDON, Sept 15 The yen inched higher on Thursday as investors' sought safe havens in the face of a shaky atmosphere on stock markets...
The dollar rose against other major currencies after official data was released showing that the US private sector opened 177,000 jobs in August while analysts expected growth of only 175,000 after a gain of 194,000 jobs in July. Forex pair EUR/USD fell to 1.1131...
Chart of the Day – EUR/GBP Euro/Sterling has been trading broadly in a range (albeit with a mild upside bias) for the past few months since the huge volatility in the immediate aftermath of Brexit began to subside...
US DOLLAR Technical Analysis: Understanding 3M LIBOR’s 7-Yr High Talking Points: US Dollar Technical Strategy: Another Test at Key Resistance Deserves Our Attention 3M USD LIBOR 7-Year Highs May Be Indicative Of Increasing USD Strength Blackout Period For Fed Ahead of September 21 FOMC Likely Pus...
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions. For the next hours, I prefer sell setups on GBPJPY...
The yuan terms trade balance (USD terms will come out soon following) August trade surplus of 346bn yuan expected 373bn yuan surplus, prior 342.8bn) Exports +5.9% y/y (expected +2.9%, prior 2.9%) ... BEAT Imports +10.8% y/y (expected +0.7%, prior -5.7%) ... BEAT Awaiting the USD terms...
