All Blogs
21.12.2017 EURUSD EURUSD (1.1866): The euro managed to post another day of gains, marking a three-day winning streak. Price action managed to rise above the 1.1843 – 1.1822 region of resistance and the currency pair looks set to target the 1.1920 resistance further up...
The resignation of Deputy Prime Minister Teresa Mei Damian Green, as it became known on Wednesday, caused a decline in the pound. Damian Greene was Teresa May's companion, and his departure changes the balance of power in the Cabinet...
The Swiss watch industry’s exports of traditional watches rose 5.8% to CHF 1.98 billion. Not only is this a boost to sector with six years of sales declines, but a hopeful sign for 2018. Exports to China increased a whopping 39...
As expected, the Bank of Japan kept rates unchanged at -0.1%, and the 10-year bond target stayed at 0%. BoJ officials expressed their confidence that the inflation will rise toward its target of 2%. The BoJ were also happy about the Q3 economic growth of an annualised 2.5...
The greenback continued to weaken for three straight sessions, as traders rotated into EUR and emerging market currencies. The Trump tax cut’s positive effect on equites is beginning to fade...
Instruction manual FoxTrotTWO EA General information FoxTrotTWO EA is a Scalper Expert Advisor intended for EURUSD. He is also available for other major pairs and cross currency pairs. Recommended timeframe is M15. FT2 trades a narrow range at night...
20.12.2017 NZDUSD intra-day analysis NZDUSD (0.6958): The New Zealand dollar was seen declining for the second day as price action failed to reach the 0.70 handle. The declines could see the kiwi dollar falling back to the 0.6917 level where support could be established...
USDJPY: The pair closed higher on Tuesday following through higher on Wednesday. On the downside, support lies at the 113.00 level where a break if seen will aim at the 112.50 level. A cut through here will turn focus to the 112.00 level and possibly lower towards the 111.50 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, December 20th The EUR/USD pair extends its upside trend for the third session in a row, as ongoing softness of the US dollar remains key driving factor across the market this Wednesday...
The total holdings of the Bank of Japan’s is now standing at all-time high. The Japanese quantitative easing has sent the level of debt very high because of the massive quantitative easing over the past decade. It has been a while that the sustainability of such a debt level is being questioned...
As it became known at the beginning of today's European session, the US Senate approved a reduction of taxes for 1.5 trillion dollars within the tax reform by 51 votes "in favor" and 48 "against...
19.12.2017 USDJPY Market showing resistance level at 112.90 where as long as market holding below moe drop will be expected toward 111.00-40 zone. Above 112.90 more advance toward 113.70 will be expected. Support...
GOLD: The commodity faces further recovery higher as it eyes a move towards the 1,270.36 resistance zone. On the downside, support comes in at the 1,250.00 level where a break will turn attention to the 1,240.00 level...
With a warning from US Federal Reserve banker Neel Kashkari that increasing interest could trigger a recession, dollar doves are alive and vocal. We believe they will prevail enough to block some additional hikes...
Global markets are celebrating US tax reform. Asian stocks followed the record session on Wall Street. This bull market keeps running past forecasts, and profit-taking to lock in a solid year is not happening. The World Bank increased its forecast for China’s economic growth in 2017 to 6...
As it was reported today during the Asian session by the Reserve Bank of New Zealand, the confidence index in the business circles of New Zealand in December is still deep in the negative territory and amounts to -37.8% (in November the value of the index was -39.3...
18.12.2017 GBPUSD British pound managed to test 1.3300-20 zone last week while Intraday levels showing a trading zone between 1.3300 and 1.3390. As long as market holding below 1.3390 the downtrend pressure will sustain over market toward 1.3220-30 zone. Above 1...
Do you know that as everyone begins to wonder how to buy an asset – this is a clear signal – time to sell! For you, notes of a currency speculator dealing with short-term positions trading in the Forex market. Week 51/17 (18/12 /20 17-24 / 12/2017...
USDCHF: The pair faces further downside pressure after it triggered a correction during early trading today. On the downside, support lies at the 0.9850 level. A turn below here will open the door for more weakness towards the 0.9800 level and then the 0.9750 level...
