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93.75% Probability That EURUSD Will Close Downside in July2017 I think EURUSD is getting ready to move in a low volatility ranging area then to change its direction to the downside because: USD is 1.25% interest rate while EUR is Zero. Negative Divergence between momentum oscillators and EURUSD...
GOLD: The commodity has halted its weakness and triggered a recovery higher as it lookd for more correction. On the downside, support comes in at the 1,215.00 level where a break will turn attention to the 1,210.00 level...
Analysts at Nomura explained that the bottom line is that the coming months will be pivotal for markets. Key Quotes: "In recent weeks, we have suggested USD/JPY could face significant downside pressures...
EUR/USD spiked higher after the release of the FOMC minutes but it quickly tuned to the downside, trimming recent gains. The pair rose to 1.1355 immediate after the release but now is trading near the 1.1320 area, moving toward daily lows. Earlier today the pair bottomed at 1...
USER GUIDE 1.0) Input Parameters of The EA When loading the expert to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks...
The Gold price is on its way down and has reached its weakest level since the 10th of May. Selling pressures seem none-the-less to fade around $1220. The North Korean missile launched into Japanese waters yesterday barely boosted the precious metal for the time being...
It has been a relatively light week in terms of economic data so far and investors are desperately looking for drivers. After falling as much as 2%, the dollar index got some colours back this week amid building expectations for monetary tightening from the Federal Reserve...
This week, investors will closely monitor the publication of a number of important macroeconomic data...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 5th The EUR/USD pair regained its positive tone in Asia, as traders remain cautious ahead the key risky event of this Wednesday...
BoJ last month stated that inflation expectations remains in “weakening phase”, there would appear to be good reason behind Governor Kuroda recent statement that it was “too soon to discuss an exit plan”, according to Jane Foley, Senior FX Strategist at Rabobank...
The services sector activity in the UK economy extended deterioration for the second straight month, posting a slightly bigger-than expected drop in the month of June, a fresh report from Markit Economics showed on Wednesday. The services PMI slumped to 53.4 in June versus a 53...
Although the EUR/USD pair remained stuck in a tight 40-pip range on Tuesday, it is looking to close the third day in a row with losses. As of writing, the pair is trading at 1.1350, down 0.14% on the day...
Currently, USD/JPY is trading at 113.19, down -0.18% on the day, having posted a daily high at 113.47 and low at 112.74. Bulls were capped just below where offers were sited at 113.50 and N.Korea said that their first intercontinental ballistic missile test was successful. Gold inched up as N...
AUD/USD is consolidating post RBA losses as it remains unable to rally above 0.7600. Recently it climbed to 0.7615 but lost strength. Currently, it trades at 0.7605, 80 pips below Asian session highs...
Currently, EUR/GBP is trading at 0.8784, down 0.00% on the day, having posted a daily high at 0.8793 and low at 0.8764. On the grander scale of the charts, EUR/GBP is weakening within its consolidation of the daily sticks rally from last summers' rally to 0.9229 from just below 0.76 the figure...
EURUSD: The pair closed lower on Monday opening the door for more weakness in the days ahead. Resistance comes in at 1.1400 level with a cut through here opening the door for more upside towards the 1.1450 level. Further up, resistance lies at the 1.1500 level where a break will expose the 1...
The Swiss franc is still trading below 1.10 against the single currency despite short-term bullish pressures on the pair. We believe that there is at the moment two major reasons that are pushing the euro against the Helvetic currency...
As expected, the Reserve Bank of Australia kept its cash rate unchanged at 1.50%. Despite the widely-held view for no change, there was still a level of disappointment that the RBA refrained from discussing “normalisation” or offering a hawkish lean...
