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Ready for further downside. (By Yann Quelenn) • Gold is pushing lower. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017...
Continued increase. (By Yann Quelenn) • EUR/CHF continues to push towards resistance area above 1.17 and support given at 1.1610 (27/10/2017 low). Expected to show continued...
Monitoring symmetrical triangle. (By Yann Quelenn) • EUR/GBP is consolidating after the recent collapse. The pair has broken hourly support at 0.8791 (07/11/2017 low). Resistance is located at...
Irish border roadblock drags GBP and boosts FTSE US markets boosted by tax reform expectations UK construction output rises at five-month high Hopes of an early-morning Brexit breakthrough have been dashed, with discussions over an Irish border resolution seemingly no closer to a resolution...
Riding downtrend channel. (By Yann Quelenn) • AUD/USD is ready to go even lower showing that downside pressures are still lively. Hourly resistance is given at a distance at 0.7897...
Monitoring resistance at 1.2667. (By Yann Quelenn) • USD/CAD is approaching hourly support lies at 1.2667 (10/11/2017 low). Hourly resistance stands at 1.2917 ( 27/10/2017 high).Expected to show...
GBPUSD, "Great Britain Pound vs US Dollar" The GBP/USD pair is falling. We think, today the price may reach 1.3384 and then grow towards 1.4370. Later, in our opinion, the market may continue falling with the target at 1.3296...
Lack of follow-through. (By Yann Quelenn) • USD/CHF has been very volatile lately. The technical structure indicates further downside risks. The pair has failed to hold consistently...
Short-term increase. (By Yann Quelenn) • USD/JPY keeps on pushing higher. The pair has strongly bounced back. Hourly resistance is given at 112.70 (30/11/2017 high...
Strong buying demand. (By Yann Quelenn) • GBP/USD has been trading lower over the past few days but the technical structure indicates an extension of bullish momentum. Support is given...
Program Development Life Cycle W hen we want to develop a program using any programming language, we follow a sequence of steps. These steps are called phases in program development...
Ready to bounce back. (By Yann Quelenn) • EUR/USD's bullish momentum continues. Hourly resistance is now given at 1.1961 (27/11/2017 high). Hourly support is given at...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, December 4th The EUR/USD pair remains under bearish pressure, as optimism around the greenback dominates the market on Monday...
Last week in Vienna, OPEC, Russia and a number of other major oil-producing countries agreed to further reduce oil production by about 1.8 million barrels a day, or about 2% of global oil production. The deal was extended until the end of 2018...
What is the indicator Color Trend FX? What is it for? Is it so simple? In fact, it is a very useful tool for trading. Today I will tell you how to use it correctly...
EURUSD: The pair faces further upside as it looks for more strength. Resistance comes in at 1.1950 level with a cut through here opening the door for more upside towards the 1.2000 level. Further up, resistance lies at the 1.2050 level where a break will expose the 1.2100 level...
The US labor market report next Friday should have lesser importance for once. Given how solid US economic data has been of late, a Federal Reserve rate hike in December seems highly likely and is almost fully priced by markets...
For economists, the end of the year is often a gentle wind-down. This is not the case in 2017. The dullest event is the US Federal Reserve meeting (December 13). The Fed has basically told markets that there will be a 0.25 percent rate increase. Markets, for once, have listened...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
What’s inside: EUR/USD thoroughly tested the November trend-line, and so far with success This trend threshold holds the key to our near-term outlook Stay above support and a challenge of top-side levels looks likely in days ahead; drop below and the tune changes Heading into last week we were op...
