EURUSD: With the pair closing lower the past week, it now looks to weaken further as we enter a new week. Resistance comes in at 1.0700 level with a cut through here opening the door for more upside towards the 1.0750 level. Further up, resistance lies at the 1...
USD/ZAR is an exotic pair. ZAR is the South African Rand. Last week South African President fired the Finance Minister. South African Rand plummeted around 5% in one day. This was a big shock to the investors...
First, a review of last week’s forecast: - The forecast for EUR/USD proved to be 100% accurate. Recall that the main scenario we laid out was the following: the pair’s continued growth was seen to be entirely possible albeit negligible in magnitude. Once it reached the 1.0850-1...
EURUSD is a wonderful pair when it comes to trading. It can give you very low risk trades. It trends in one direction for a long time. So once you have the trend direction confirmed, you can look for a low risk entry...
USDCHF: The pair looks to extend its upside pressure after closing strongly higher the past week. On the downside, support lies at the 0.9950 level. A turn below here will open the door for more weakness towards the 0.9900 level and then the 0.9850 level...
Daily Currencies: Tuesday, March 28 we saw all currencies seemed to struggle/hook after the FOMC Speaks. CS continuing with inside direction GAPs: Strong: AUD, USD, CAD Weak: JPY, CHF, EUR...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, March 31st The EUR/USD pair was trading around flat line in 20 pips range during Friday’s Asia, consolidating this week sharp decline in the region of 1.0680 level...
During the day of active decline from the level of 1.0863, the pair EUR / USD lost about 1.8% (190 points). There is a small recovery in the opening of today's European session; however, the negative dynamics of the pair remains...
Daily Currencies: yesterday before we saw all currencies seemed to struggle/hook after the FOMC Speaks. Now we see all Currencies with inside direction GAPs continuing...
EURUSD: With the pair closing further lower on Wednesday, it now looks to weaken further in the days ahead. This exposes its support located at 1.0700 level. Resistance comes in at 1.0800 level with a cut through here opening the door for more upside towards the 1.0850 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, March 30th The GBP/USD pair was deadly quiet in Asia, keeping its range between 1.2430 – 50 marks, as market’s participants are now awaiting for a response of President of the European Council D...
UK Prime-minister Theresa May signed the papers about British exit from European Union. It was sent to the head of EU Donald Tusk. GBP/USD reacted with a fall because of Article 50. Support was found at 1.2380. Now it is very hard to predict the future of the pair...
Current dynamics Nine months after the vote for secession from the EU, British Prime Minister Theresa May signed Wednesday a decree on the beginning of the British divorce proceedings with the European Union...
British Prime Minister Theresa May signed a letter for the start of Article 50 proceeding leading to Brexit. This news caused GBP/USD to fall more than 200 pips then it stopped. Currency pairs react a lot to news in the market. If you are a currency trader, you should watch the news daily...
USDCHF: The pair looks to extend its upside pressure leaving of bull pressure. On the downside, support lies at the 0.9950 level. A turn below here will open the door for more weakness towards the 0.9900 level and then the 0.9850 level. On the upside, resistance resides at the 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, March 29th The GBP/USD pair fell for more than two cents from yesterday’s highs and now is consolidating its sharp decline in the region of 1...
Current dynamics On Tuesday, Donald Trump signed a decree to repeal measures to protect the environment, which was introduced by Barack Obama...
Mindset: I moved my own cheese If my heading makes no sense to you, it refers to a book, about change, called “Who moved my cheese?” Before we get started please don’t think that this will be a generic “You can do it” or “I believe in you” piece...
EURUSD, H1: Trend is Buy but the best time for LONG entry is when Intelligent CCI get out of overSold or Exponential momentum change to green or begin to raise...
