All Blogs
USD remains under pressure despite thin trading volume. 100-DMA and 200-DMA levels form a strong resistance for USD/JPY. Markit PMI data from the U.S. is awaited. After rising toward mid-111s, the USD/JPY pair came under pressure in the last hour and erased the majority of its daily gains...
China's Central Economic Work Conference is a few weeks away. The meeting will set out economic policy aims. This matters a lot. China is changing, and the world around China is changing. China's debt growth is likely to be a focus at the conference...
A wave of inflation, GDP and PMI releases are scheduled for the week ahead. CIO expects a benign picture that promotes growth-related currencies like the euro, the CAD and the SEK. Tuesday, 28. November DEU GfK Consumer Sentiment (December; prior: 10.7) JAP Retail Sales YY (October; prior: 2.2...
24.11.2017 EURUSD The euro extended it’s gains yesterday as economic data was upbeat, including the regional data from Germany. The U.S. and Japan markets were closed but the currency managed to push higher amid lower trading volumes...
Nicola Delic is releasing his Forex Master Levels system in the next few days. He has has been trading for many years now with a hedge fund. As part of the prelaunch of his Forex Master Levels, he is giving one of his top notch system gratis...
Financial markets always tend to closely monitor German’s economic data not only because the country is always acting as the locomotive of the European economy but also because the current political uncertainties currently occurring in Germany...
Investors have been waiting for months for a USD rally. Expectations have kept building up as investors expected that the combination of tighter monetary policy, sustained gains in the jobs market and a tax reform would trigger a dollar rally. Unfortunately, it didn’t unfold as expected...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, November 24th The EUR/USD pair consolidates its recent bullish rally in the vicinity of 1.1850 level at the last trading session of the week...
The third day, the EUR / USD is growing and at the beginning of today's European session again reached the level of 1.1875 (last month's highs...
23.11.2017 GBPUSD GBPUSD managed finally to hit target 1.3290-1.3300 while market still facing last resistance at 1.3335. As long as market holding below 1.3335 atrading zone between this resistance and support 1.3270 may hit the market. Below 1.3270 more drop toward 1.3220 and maybe 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, November 23rd The EUR/USD pair keeps positive mood for the third session in a row in wake of increased selling pressure on the US dollar. Currently the pair is trading in the area of its multiday highs at 1...
After yesterday (19:00 GMT) minutes from the November meeting of the Fed were published, the dollar collapsed throughout the currency market...
According to the Fed meeting minutes released yesterday, interest rates will be raised in the “near term”. Markets’ expectations regarding a rate hike have not changed much and are still standing above 90%. The fed was clearly not in a hurry to send a very hawkish signal...
It is going to be a quiet day in the stock market day as US financial markets are closed in observance of the Thanksgiving Day holiday. In addition, markets will close earlier on Friday...
Quants are using stochastic calculus a lot now a days in building algorithmic trading strategies. Do you know fresh PhDs are getting hired as quants with enticing salaries as high as $400K? Way forward is algorithmic trading. Day of using technical analysis are coming to an end...
22.11.2017 EURUSD EURUSD is still holding the downtrend wave where it met the first target 1.1730 and is still awaiting the second target towards 1.1660. The market is looking today at the FOMC Meeting Minutes to gain some insight over the coming Fed rate hike...
EURUSD: The pair remains weak and vulnerable to the downside despite its price hesitation. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1...
World stock indexes on Wednesday continued to rise. On the eve, the major US stock indices Dow Jones Industrial Average, S & P 500 and Nasdaq Composite updated record highs. The Dow Jones Industrial Average rose 0.7% to 23590, S & P 500 added 0.7%, Nasdaq Composite rose 1.1...
The precious metal is pushing higher. Later last week, Gold challenged $1300 before bouncing lower. The momentum is largely bullish, which underpins global uncertainties. In particular geopolitical uncertainties are strong for the future...
