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Skandinaviska Enskilda Banken made some technical analysis for EUR/USD: EUR/USD: secondary correction is started "Mr. Market did chose to follow the alternate correction path and prices accordingly moved up in close proximity to the recent correction high, 1.1098...
GOLD: With GOLD weakening further on the back of its past week losses during Monday trading session, additional decline is envisaged. On the downside, support comes in at the 1125.00 level where a break will turn attention to the 1110.00 level...
European stock markets rose on Monday following a negative start of the day after an index of factory activity in the euro area saw a surprising improvement...
Trading recommendations and Technical Analysis – HERE! The level of consumer spending in the US in September rose by 0.1% compared with the previous month (forecast 0.2%). The price index for personal consumption expenditures (PCE) in September decreased by 0.1% compared to August (forecast 0...
Although Norwegian oil giant Statoil is still investing a lot in the sector, the company is planning for oil to stay near $50 a barrel until 2018...
The MetaTrader 4 and MetaTrader 5 trading platforms now support China UnionPay system. Clients of this system can make purchases in the Market, pay for virtual hosting, order exclusive trading robots and subscribe to trading signals...
D1 price is on primary bullish condition with the ranging between 125.85 resistance level and 118.05 support level. The price is moved to be around 121.63/121.50 for the ranging market condition to be continuing...
The week ahead is marked by a series of PMIs; the Reserve Bank of Australia meeting and minutes from the Bank of Japan and Bank of England will be closely watched. Let us have a detailed look at what market players should await this week...
The euro will be weaker than previously thought, Morgan Stanley said on Monday, citing further easing from the ECB in December...
The shared currency held higher Monday as data showed growth in the eurozone manufacturing sector ticked higher in October...
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...