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W1 price is on bullish market condition with secondary correction with the following key levels: 20975 key resistance level located far above Ichimoku cloud; if the price breaks this level from below to above so the bullish trend will be continuing...
USDCHF: With USDCHF strengthening further on Thursday, it looks to target further upside pressure. On the downside, support comes in at the 0.9700 level. A turn below here will open the door for more weakness to occur towards the 0.9650 level and then the 0.9600 level...
EURUSD: Bearish Momentum Turns Risk To Key Support. EURUSD: EUR took further losses on Thursday for a second day in a row This development leaves risk of more weakness towards its key support located at the 1.1016 level, its Aug 18 2015 low. Support lies at the 1...
On Thursday, following the central bank’s monetary policy meeting, where interest rates were left unchanged, ECB President Mario Draghi said the staff now projects gross domestic product (GDP) to increase by 1.4% in 2015, down from June’s forecast of 1.5% growth. GDP is expected to grow 1...
2015-09-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Trade Balance] past data is -45.2B forecast data is -43.2B actual data is -41.9B according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
On Thursday the dollar was mostly higher against its peers, after data signaled that U.S. jobless claims rose more than expected last week, but remained in territory consistent with a strengthening labor market...
As we know - the Federal Reserve officials did not make any decision concerning when to start raising short-term interest rates so please find some quotes which may help to clue it up: Fed Vice Chairman Stanley Fischer: "I will not and indeed cannot tell you what decision the Fed will reach by Se...
GBPUSD: The pair may have hesitated on Wednesday but continues to hold on to its downside pressure. This price action leaves risk of a move lower on the cards though with caution as we may see a temporary halt in weakness. On the downside, support lies at the 1...
Press conference following the meeting of the Governing Council of the European Central Bank on 3 September 2015 at its premises in Frankfurt am Main, Germany , starting at 14:30 CET: Introductory statement by Mario Draghi, President of the ECB. Question and answer session...
On Thursday crude-oil futures were lower, but the market was subdued with Chinese traders away from their monitors for national holidays...
Current trend Yesterday, the American currency gained back some of its losses even amid the publication on not so much favorable US macroeconomic statistics. It happened partly due to the highly anticipated ECB meeting...
W1 price is on bullish market condition with ranging between the following key levels: 98.33 key resistance level located far above Ichimoku cloud; if the price breaks this level from below to above so the bullish trend will be continuing up to 100.39 as the next bullish target. 92...
Despite the slowdown in France, the euro zone’s private sector is expanding at its fastest rate in four years. Spain's performance was particularly impressing...
On Thursday gold futures edged lower, as market players awaited the decisions form the European Central Bank's regular meeting due later Thursday, as well as highly anticipated upcoming data on U.S. employment...
Softer commodity prices, hampering trade and a turmoil in global equities make it likely the European Central Bank president Mario Draghi will lower the bank’s quarterly inflation forecasts at his press conference later in the day...
Stay informed of the key economic events Thursday, September 3rd AUD/USD continued its decline falling as low as 0.6992 this morning. Australian retail sales data showed contraction in retail sales in July, while trade balance deficit narrowed more than expected...
2015-09-04 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Non-Farm Payrolls] past data is 215K forecast data is 220K actual data is n/a If actual > forecast = good for currency (for USD in our case...
On Thursday the Australian dollar dropped to almost six-year lows against its U.S. peer, as soft retail sales data from Australia put the local currency under pressure. Meanwhile, investors eyed the release of U.S. economic reports later in the day...
