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Volatility declines. • EUR/GBP has broken resistance at 0.8787 (13/03/2017 high). The pair keeps on going higher. Strong support can be found at 0.8304 (05/12/2017 low...
Fading momentum. • EUR/JPY is trading lower. Hourly support is given at 122.56 (18/05/2017 low). Hourly resistance can be found at 125.82 (16/05/2017 high). Major support is given at 114.90...
Short-term consolidation. • AUD/USD is pushing higher since the pair has failed to reach hourly support given at 0.7329 (09/05/2017 low). As long as prices remain below resistance at 0.7608 (17/04/2017 high), there are...
Trading mixed. • USD/CAD is trading sideways. Hourly support can be found at 1.3388 (25/01/2017 high). Expected to show continued weakness. • In the longer term, there is now a death cross...
Back to bearish. • USD/CHF continues its decline despite some ongoing consolidation. Hourly resistance can be found at 0.9808 (30/05/2017 high). Strong resistance is given at 1.0107 (10/04/2017 high...
Bearish pressures arise, • USD/JPY's short-term bearish pressures are back. The pair is bouncing lower. Hourly support can be found at 109.12 (07/06/2017 high). Strong support is located at 108.13 (17/04/2017 low...
+ Consolidating. • GBP/USD is now consolidating around former hourly support given at 1.2757 (21/04/2017 low). Hourly resistance lies at 1.3046 (18/05/2017 high...
Sideways price action. • EUR/USD is trading mixed below strong resistance given at 1.1300 (09/11/2017 high). Hourly support is given at 1.1110 (22/05/2017 low) has been broken. Stronger support lies at...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, June 12th Seems that the EUR/USD pair has recovered a smile and today remains above the level 1.1200 after negative rally, seen last week...
EUR/USD The euro is trying to return to the area above 1.1200. In the macroeconomic calendar is nothing interesting today, so the dynamics of the euro will depend on the technical factors and movements of the British currency. The nearest local support is in the area of 1...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish The bias on this pair remains bullish but under threat as price consolidated last week, moving between the resistance lines at 1.1200 and 1...
The US Dollar Index gained ground on Friday, rising above the level it opened on Monday. The greenback rose particularly against the yen and pound on Friday and remained steady versus the AUD and CAD...
EURUSD: With the pair continuing to retain its upside pressure, more strength is envisaged though hesitating the past week. Resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1...
Currency Strength Analytics for Gold: As posted last Tuesday gold has hit the high of month April at the PIP (!) and started its reversal move while the indicator showing now a hook from currency market Fibonacci +100...
First, a review of last week’s forecast: - Let us recall that in the forecasts regarding EUR/USD, most experts (70%), supported by graphical analysis on H4, spoke about the possible decline of the pair to 1.1100...
USDCHF: With the pair continuing to retain its downside pressure, more decline is envisaged despite price hesitation. However, we a close higher seen the past week, further bullishness is likely. On the downside, support lies at the 0.9650 level...
That was a surprising result in the UK, Theresa May has lost her bet and did not win a clear majority. Her plan fell apart. A few weeks ago, markets had expected a large Conservative victory...
The outcome of the UK general election was quite a surprise as the market was broadly anticipating a victory for the Conservatives. Investors had bet heavily that Theresa May would have been able to reinforce her party's support in the House of Commons...
GPB/USD The British currency will be determined by economic dynamics and monetary policy in the long term...
