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The British currency jumped Monday after official report said manufacturing activity in the U.K. rose at the fastest rate since June 2014 in October, supporting optimism over the country’s economic outlook and thus the case for higher interest rates...
We continue to improve the MetaTrader 4 Web Platform expanding its functionality further. The new version contains a number of enhancements making trading in your favorite browser even more convenient...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, November 2nd EUR/USD was flat in Asia trading at 1.1029. Last week, euro zone reported that inflation fell 0.1% in August. It was the first time in six months that the region saw declining inflation...
EURUSD (Daily chart): EURUSD (4 hour chart): EURUSD (1 hour chart): EURUSD (15 min. chart): GBPUSD (Daily chart...
W1 price is located below 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish market condition with the secondary ranging between Fibo resistance level at 1.5929 and Fibo support level at 1.5106: the price is ranging near 38.2% Fibo level and 23...
“If we are convinced that our medium-term inflation target is at risk, we will take the necessary actions,” Draghi said in an interview with Italian Il Sole 24 Ore published on Saturday...
The Aussie gained in Asia on Monday as the Chinese Caixin survey on manufacturing showed better than expected...
Daily price is on the primary bearish market condition for the secondary ranging below Ichimoku cloud and 'reversal' Senkou Span lines within the following key support/resistance levels: 1.1494 key resistance level located far above Ichimoku cloud in the primary bullish area of the chart; 1...
GBPJPY: The cross may have closed the week flat but still faces upside threats while its key support at the 183.86 level remains unbroken. Its also continues to trade above its rising trendline (red). On the downside, support comes in at the 185.00 level where a violation will aim at the 184...
Analysts at one of Italy's leading research house have lowered their expection for the Euro and projections for Dollar and British Pound in the wake of news the ECB and U.S. FED are ready to act once more. The three month outlook for the pound v dollar exchange rate has meanwhile been raised...
Societe Generale made a technical and fundamental forecast for USD/CAD for 2016: "The Canadian dollar has been heavily affected by movements in crude oil prices in recent years. There has been an average correlation of -0...
The US dollar partially enjoyed some Fed hawkishness in the last week of October. The new month presents rate decisions in Australia and the UK, employment data from New Zealand, Canada and the all-important US monthly jobs report. In addition, Janet Yellen and Mario Draghi speak...
USD: Fed Ends the Correction. Bullish. The Fed surprised markets by sounding more hawkish than expected, driving a re-pricing in the probability of a December hike. We now expect a more bullish USD going forward, as investment works its way into the US...
EURUSD: The pair may have closed flat the past week, a sign of price exhaustion but it still holds on to broader downside bias. Support is located at the 1.0950 level But if violated, expect more weakness to occur towards the 1.0896 level. Further down, support lies at the 1...
Please be aware that trading will begin one hour later following the Daylight Saving Time (DST) change in the US this weekend. Market Opening Time The currencies markets will open at 22:00 GMT+0 on November 1st, 2015 which is equivalent to 17:00 EST...
The weather phenomenon known as El Nino, is back now and is among the three strongest since 1950. As it is already hitting Australia's farmers, Macquarie Research analysts Niraj Shah and Daryna Kovalska have calculated who else willbe a loser, and who will win...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
EURGBP: The cross closed lower the past week leaving risk of more weakness in the new week. As long as it trades and holds below the 0.7170/96 zone, further weakness cannot be ruled out. Support comes in at 0.7080 level. Further down, support lies at the 0...
