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CRUDE OIL: The commodity continues to retain its upside pressure on correction. On the downside, support resides at the 43.00 level where a break will expose the 42.50 level. A cut through here will set the stage for a run at the 42.00 level. Further down, support resides at the 41.50 level...
USDJPY: The pair is now see a move higher with more strength envisaged. On the downside, support comes in at the 111.00 level where a break if seen will aim at the 110.50 level. A cut through here will turn focus to the 110.00 level and possibly lower towards the 109.50 level...
The Swiss deposits data release continues to outpace expectations. They are now reaching almost 580 billion CHF (578.2b vs 577.4b expected...
Volatility in interest rates continues to pick up as inflation data is mixed and central banks' guidance becomes more important. Nowhere is this more apparent than within the Fed. Markets go a full docket for FOMC members speaking publicly last week...
Consolidating before another likely decline. • Crude oil is now consolidating since the recent collapse from $52. Support given at a 42.20 (14/11/2017 low) has been broken. Expected to...
Ready for another leg lower. • Silver's selling pressures are strong despite ongoing bullish consolidation. Closest support is given at 16.36 (21/06/2017 low). Strong support is given at 16.06 (09/05/2017 low). Key resistance...
Setting higher-lows. • Gold's medium-term momentum is positive. Hourly support is located at 1240 (yesterday low). Stronger support is given at 1214 (09/05/2017 low). Expected to show short-term upside...
Heading lower. • EUR/CHF's bearish pressures are definitely on. Yet, we believe that the medium-term pattern suggests us to see continued bearish pressures towards hourly support that can be found at...
Selling pressures increase round 0.8800. • EUR/GBP is struggling to go any higher. Hourly resistance is given at 0.8866 (12/06/2017 high). Other support can be found at 0.8652 (08/06/2017 low). Expected to show renewed...
Sideways price action. • EUR/JPY has bounced back after breaking hourly support given at 122.56 (18/05/2017 low) has been broken. Hourly resistance can be found at 125.82 (16/05/2017 high). Major support is...
Bouncing back. • AUD/USD's technical structure is positive since early May. Yet, in the short-term there will likely be bearish pressures towards support given at 0.7520 (09/06/2017 low...
Buying demand is fading. • USD/CAD is in a consolidation phase after the strong decline. Hourly support lies at 1.3165 (14/06/2017 high). Expected to show continued weakness towards support given at 1.3010...
Short-term selling pressures. • USD/CHF is pushing lower. Hourly resistance can be found at 0.9771 (09/06/2017 high). Strong resistance is given at 1.0107 (10/04/2017 high). Expected to show continued short-term bearish...
Continued consolidation before testing again resistance at 112.13. • USD/JPY has failed to monitor resistance given at 112.13 (24/05/2017 high). Hourly support can be found at 108.89 (14/06/2017 high). Stronger...
Strengthening within downtrend bearish move. • GBP/USD is still bouncing higher since the pair failed to hold below former hourly support given at 1.2636 (09/06/2017 low). Hourly resistance lies...
Selling pressures are important at 1.1200. • EUR/USD is trading mixed. The pair is still trading below strong resistance given at 1.1300 (09/11/2017 high). Hourly support can be found...
Dear Traders, We warmly welcome you to a new trading week in the extremely low-volatile markets where liquidity dried up substantially. Facing these challenges, day traders will have to settle for less, at least as long as catalysts are absent...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, June 26th The EUR/USD pair regained positive tone on the European opening, as the US dollar remains unable to recover its positions across the market...
Today, global stock indexes are growing. The stabilization of oil prices renders support to the stock market. In recent days, there has been a sharp drop in energy prices. The price of WTI oil last week fell by more than 20% from the February high...
USD/JPY The US dollar rallied during the week, breaking above the top of the candle from the previous week. I think that short-term pullbacks will be buying opportunities. Ultimately, I expect that this market will go looking for the 112.50 level above...
