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Growing demand. • USD/CHF has ended its consolidation above 0.9900. The volatility is getting higher. The shortterm technical structure is turning positive as long as prices remain below the hourly resistance at 1.0171 (07/03/2017). Monitor strong...
Testing 112.20. • USD/JPY is consolidating. Strong resistance can be found at 112.20 (31/03/2017 high). Closest support can be located at 108.13 (17/04/2017 low). Other key supports lie at a...
Ready to target 1.3000. • GBP/USD keeps pushing higher. Resistance at 1.2905 (18/04/2017 low) has been broken. The pair has exited the short-term bearish momentum. Hourly support can be found at...
Consolidating. • EUR/USD is trading sideways. Hourly support is given at 1.0852 (27/04/2017 low) then 1.0682 (21/04/2017 base). Stronger support can be found at 1.0494 (22/02/2017 low). Hourly...
After all of the excitement from the French election, Donald Trump’s “big” tax reform announcement and the prospect of another U.S. government shutdown, there was very little consistency in the performance of the dollar...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish Last week opened with a massive gap-up that also affected other EUR pairs. Price reached the resistance line at 1.0950 then consolidated until the end of the week...
EURUSD: With the pair still retaining its downside pressure, more weakness is likely. Resistance comes in at 1.0950 level with a cut through here opening the door for more upside towards the 1.0000 level. Further up, resistance lies at the 1.1050 level where a break will expose the 1.1100 level...
Весь апрель система Legion была в боковике, несколько провайдеров уходили в глобокие просадки, однако прибыль от других провайдеров вытягивала график. В последние два торговых дня апреля был зафиксирован убыток в размере 11.23%, также имеется плавающая просадка в размере 6.47...
The first half of April was very calm. The second half was full of events that made the markets move well. Tensions around Korea, the first round of elections in France, the expectation of the publication of a new tax policy by Donald Trump. This allowed us to increase the balance by 17.90...
First, a review of last week’s forecast: - When giving the forecast for EUR/USD, 35% of experts and indicators on D1 insisted that it should return to the highs of February and March 2017. This is what happened in response to the first round of the French presidential elections...
USDCHF: The pair closed higher on Friday following its turn off lower prices. This development now leaves it targeting further upside in the new week. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0...
Alan Greenspan has recently stated that gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments and central banks...
The first 100 days of the Trump administration has been a particularly exciting time for financial markets, primarily because many of Wall Street’s assumptions about how markets would react to the Republican’s purportedly pro-growth policies were way off base...
What a way for the EUR/USD pair to close April! The common currency surged to fresh 2017, gapping around 200 pips on Sunday, amid the result of the first round of the French presidential election...
EUR/USD The euro rising against the US dollar on Friday after Core CPI data. CPI showed a steady increase in April. Basic inflation in April rose to 1.3%. Economists had expected the growth of 1%. The euro rose 0.63% against the dollar after the publication of the data and reached the level of 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, April 28th Seems that the euro bulls have finally taken control over the EUR/USD pair in early Europe, following positive German data, however, staying unable to break through resistance, located at 1.0900 spot...
According to official data released on Friday, the state of trade balance of New Zealand in March compared with the same period last year improved. In March, the trade surplus amounted to NZ $ 332 million against the negative balance in February (-50 million NZ dollars...
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