EURUSD: Having EURUSD sold off the past week, further downside pressure is expected. 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...
First, a review of last week’s forecast, which for all four pairs may be considered if not 100%, but at least 90% fulfilled: – all three variants of the forecast for EUR/USD, suggested by the experts last week, considered the level of 1...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 35th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, EURGBP, AUDUSD, EURAUD, NZDUSD, USDCAD, EURCAD and USDZAR...
We break down the USD response function to Fed tightening into two components. The first is the expected total number of hikes in the coming years, approximated by the slope of the short-end of the US yield curve...
Daily price is breaking 0.7583 support level to below for the daily secondary correction within the primary bullish trend . The price is breaking descending triangle pattern to below for the local downtrend as the secondary correction to be continuing...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, August 26th EUR/USD Current price: 1.1287 (0.0...
Daily price is above Ichimoku cloud in the bullish area of the chart for the ranging within the following support/resistance levels: 10,803.8 resistance level located far above Ichimoku cloud in the bullish area, and 10,384...
This is the third year in which I write an article about Indian market. One year ago I wrote an article about it HERE. I constructed the chart below depending on the same template I use one year ago, which depends on: -Renko Chart with 200 point box size. - Logarithmic Scale...
Heading into Jackson Hole and FOMC Chairwoman, Janet Yellen’s, speech, investors are treading water...
TRADING RECOMMENDATIONS The New Zealand dollar reacted with restraint to the data on trade balance, published earlier in the week. The trade balance in New Zealand in July was negative (-0.433 billion NZ $, -3.03 billion New Zealand dollars in annual terms...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, August 25th EUR/USD Current price: 1.1269 (0.0...
This will be a thread to discuss the Colin Systems. These are still waiting for the seller to be approved (which should happen in a week) but we have received several enquiries about how it works and how it was made etc...
When the BoJ started Quantitative and Qualitative Easing (QQE), the Governor, Haruhiko Kuroda, said that the BoJ would achieve its 2% inflation target by doubling the size of its balance sheet. Currently the BoJ has nearly tripled its balance sheet, however YoY CPI inflation is at -0...
2016-08-24 14:30 GMT | [USD - Crude Oil Inventories] past data is -2.5M forecast data is -0.5M actual data is 2.5M according to the latest press release [USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week...
TRADING RECOMMENDATIONS The Australian economy has recently shown signs of slowing growth. For example, the construction of engineering structures has continued to decline. In the 2nd quarter the reduction of civil engineering structures was the biggest in almost 16 years...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, August 24th EUR/USD Current price: 1.1295 (0.1...
The EUR has been well supported of late. This appears to be on the back of stable ECB rate expectations and reduced sensitivity to risk sentiment...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, August 23rd EUR/USD Current price: 1.1339 (0.2...
