Daily price was on the secondary correction within the primary bullish market condition: the price was bounced from 0.7489 support level to above for the ranging condition to be started. For now, the price is on ranging within the following support/resistance levels: 0...
All G10 central banks have meetings in September and next week we will hear from the ECB, the RBA, the Riksbank and the BoC. Not so long ago, having four central bank meetings in one week would have been a treat for the FX vol markets...
Hello traders, "Plan your trade, trade your plan" Here is a plan for GBP/JPY next week, to find major Resistance for Swing. You can also make a plan by yourself with A2SR for your own trading style. For you who understand how to work with SR, then this image can bring the benefit...
Welcome to my "Strength and Comparison" article for the coming month, the article "Ranking, Rating and Score" has also been published for this month. For analyzing the best pairs to trade looking from a longer term perspective the last 12 months currency classification can be used in support...
Welcome to my "Ranking, Rating and Score" article for the coming month, the article "Strength and Comparison" has also been published...
USDCHF: With the pair losing upside pressure to close lower on Thursday, further bearishness is likely in the days ahead. On the downside, support lies at the 0.9750 level. A turn below here will open the door for more weakness towards the 0.9700 level and then the 0.9650 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 2nd GBP/USD Current price: 1.3274 (0.1...
TRADING RECOMMENDATIONS According to Eurostat data released today, the final GDP of Italy, whose economy is the second largest after Germany, in the 2nd quarter + 0% and + 0.8% in annual terms. PPI of Eurozone in July is + 0.1% and -2.8% in annual terms...
Forex, 2nd september 2016 : suggestions for main currencies After New York closing bell, 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, until the next London close time...
On the previous week post about the Yen, we noticed that there was consistent buying in the hourly chart, and that a dip into the lower part of the range would give a long opportunity. This happened, and right in the next London session...
GBPUSD: With the pair strengthening on Thursday, more strength is expected. However, that move remains within its established range. On the downside, support lies at the 1.3200 level where a break will turn attention to the 1.3150 level. Further down, support lies at the 1.3100 level...
TRADING RECOMMENDATIONS Market participants are waiting for release of key data this week - on the state of the labor market in the US data for August, which will be published on Friday in the 12:30 (GMT...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, September 1st GBP/USD Current price: 1.3141 (0.0...
Daily price is located above Ichimoku cloud in the bullish area of the chart: the price is testing 10,686.2 resistance level together with ascending triangle pattern to above for the bullish trend to be continuing with 10,803.8 resistance as a nearest bullish target to re-enter...
Important information on changes in trading hours on 5th of September 2016 We would like to draw your attention to the trading schedule over the upcoming Labor Day in the United States of America on 5th of September 2016 (Monday...
TRADING RECOMMENDATIONS Today at 14:30 (GMT) US Department of Energy publishes the official weekly report on US oil storages and petroleum products. As the average analysts say the oil market, commercial oil reserves in the vaults of the country in the week 20 - 26 August rose by 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, August 31st EUR/USD Current price: 1.1140 (0.0...
#EURUSD has broken another consolidation range downwards. We think, today the price may test 1.1157 from below, rebound from it, and then continue falling to reach 1.1100. #GBPUSD is still consolidating inside a narrow range...
A lot of important economic news is scheduled for this week Due to the rise in oil prices last week, commodity currencies such as Canadian, Australian and New Zealand’s dollars have grown. The RBNZ had lowered interest rate by 0.25% to 2...
EURUSD: Having EURUSD weakened on Tuesday, further decline is envisaged. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim at the 1.0950 level...
