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#EURUSD has been traded to test lower level of reversal Neck pattern. We are expecting that pair to continue descending towards the level at 1.1190. #USDJPY has been traded on descending impulse. We are expecting it to cover the level at 102.00. Then pair should test the level at 102...
Dear Traders, We welcome you to a new trading week which could be quite interesting in terms of fresh economic data from the U.S. in the run-up to the Federal Reserve meeting on Sept 20-21...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 12th GBP/USD Current price: 1.3275 (0.1...
The South Korean government bonds closed lower Monday as the United States Federal Reserve rate hike speculation gathered steam following hawkish comments from the Fed policymakers...
Poland’s flash CPI is expected to have remained negative on year-on-year basis in August. According to a Societe Generale’s research note, flash CPI is likely to have come in at -0.8 percent year-on-year in August, a slight acceleration from -0.9 percent year-on-year in July...
CFTC commitment of traders report was released on Friday (9th September) and cover positions up to Tuesday (6th September...
We encourage longs in USDTWD on its attractive carry and China exposure sentiment toward EM currencies could be in the procedure of shifting and we prefer to focus on regional low yielders in expressing a bullish dollar view...
AUD/CAD is hovering around 20-DMA at 0.9844, finds major support by 200-DMA at 0.98. Techs are bearishly inclined, but weakness only below 200-DMA. Major support levels - 0.9816 (38.2% Fib), 0.98 (200-DMA), 0.9761 (Aug 19 low) Major resistance levels - 0.9844 (20-DMA), 0.9866 (50-DMA), 0.99, 0...
USD/ZAR is currently trading around 14.45 levels. It made intraday high at 14.46 and low at 14.36 levels. Intraday bias remains bullish till the time pair holds major support at 14.27 levels. A daily close above 14.50 will take the parity higher towards key resistances around 14.68, 14.96, 15...
The Japanese government bond traded mixed Monday, following hawkish comments made by the United States Federal Reserve policymakers...
Economic growth in Russia is expected to decline in 2016 and next year, before returning to growth in 2018 and the years ahead...
Market Roundup Hillary Clinton diagnosed with pneumonia, rumors swarm – various media. CFTC IMM CTA data – Specs lift USD bets for first time in six weeks, JPY longs down to 54.4k contracts, EUR shorts up to 92.6k, AUD longs off, GBP outlier with shorts off...
Major support – 135.09 (38.2% retracement of 138.83 and 129.06). Major resistance – 137.66 (55-day EMA). GBP/JPY has retreated after making a high of 137.13. It is currently trading around 136.08. On the lower side, major support is around 135.09 (38.2% retracement of 138.83 and 129...
The upcoming GDP data of New Zealand is expected to indicate that the economy remained in sound shape in the second quarter. Following a decent expansion of 0.7 percent in the prior quarter, the economy is projected to have expanded 1 percent in the June quarter, said Westpac in a research note...
EUR/JPY rangebound in the Asian session, Doji formation seen. Upside capped by 55-EMA at 115.37, break above finds next major resistance at 115.87 (trendline). We see scope for test of 20-DMA at 114.31, break below finds next support at 114 (rising trendline...
The New Zealand government bonds closed mixed Monday, succumbing to thin trading activity during a relatively quiet session that witnessed data of little significance...
Wholesale inventories in the United States remained unchanged during the month of July, while sales declined to six-month low during the same period, suggesting that a modest growth is awaiting at the start of the third quarter...
Major support – $1332 (21-day MA). Major resistance - $1345 The yellow metal has broken major support at $1332 and slightly declined till $1325 at the time of writing . It is currently trading around $1328...
USD/CNY is currently trading around 6.6752 marks. It made intraday high at 6.6860 and low at 6.6640 levels. Intraday bias remains bullish till the time pair holds key support at 6.6600 marks. On the top side, a sustained close above 6.6722 mark will test key resistances at 6.6870, 6.7017, 6...
PMI survey data indicated that the global economic growth accelerated higher for the third straight month in August. However, it was unsuccessful in breaking out of its worst spell for three years, said IHS Markit in a research note...
