After on Wednesday the Fed announced an increase in the key interest rate, the dollar is steadily increasing its positions in the foreign exchange market. The index of the dollar WSJ rose above the level of 88.60...
Key Benefits of Forex Trading 1: Accessibility: Forex market can be effectively gotten to by any person. To begin exchanging, the capital required is moderately little. In the event that you need to exchange stocks, you may need to store about $10,000 into your record...
Since the beginning of the year, the pair USD / JPY is trading in the range between the levels 115.00 and 108.00, always returning to the balance line at 111.00. Near this level passes EMA200, EMA144, and EMA50 on the daily chart. Recently, the level of 111...
USD/JPY The Japanese yen fell by almost 150 pips yesterday and today continues falling, having overcome the level of 111.00. The Bank of Japan left monetary policy unchanged, what fully met the market expectations...
EUR/USD continued to decline after the beginning of the American session and bottomed at 1.1130, hitting a fresh 2-week low. The pair then bounced modestly to the upside and it was consolidating around 1.1150, headed toward the lowest close since late-April...
RED: BUY Blue:SELL You like my post? Pleae LIKE...
As a result of a two-day meeting, the Fed raised yesterday the interest rate by 0.25% to 1.25%. The decision was expected, and the dollar reacted with sufficient restraint to it...
Talking Points - The Swiss National Bank has left all its key interest rates unchanged, as expected. - Both EUR/CHF and USD/CHF could now strengthen as other central banks withdraw monetary stimulus...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, June 15th The EUR/USD pair is consolidating Wednesday’s reversal, however, keeping its positions above the level of 1.1200 throughout the Asian trading session...
EUR/USD Analysis The supportive trend line held throughout the session yesterday, with the price rising strongly following poorer than expected U.S. economic data, topping at the multi-month high of 1.1295, before falling sharply upon the FOMC release and interest rate hike. The level at 1...
AUD/USD The Australian dollar is growing due to the positive report on the labor market in Australia. The pair is trying to gain a foothold over the resistance of 0.7600. If it succeeds, we can expect the moving to the area of the next local resistance of 0.7660...
Despite the fact that the Fed is expected to raise the key interest rate by a quarter of a percentage point following its two-day meeting, which will end today, the dollar remains under pressure in the foreign exchange market...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 14th The EUR/USD pair is showing lack of direction this Wednesday, as cautious moods are prevailing across the market ahead of upcoming big event...
The Pound recovered, and continues to rise, as it becomes clearer that the British Government will very shortly announce a deal which should allow them to govern for 2 or 3 more years before another general election would need to be held. There may be minor resistance at 1...
USD/CAD The Canadian dollar continues to be in demand after comments by the senior deputy governor of the Bank of Canada. Investors realized that the Central Bank is able to raise the rate this year. USD/CAD updated the April lows in the area of 1.3223 and approached the support line 1...
The UK Election fallout sees Theresa May’s party remain the largest in the next Parliament. However, they will not have sufficient numbers and are endeavouring to form alliances to seek a minority government...
USD/CAD is correlated with crude oil price in the market. But you cannot use this information in your trading. Now you should use candlestick patterns when making entry and exit decisions. Read this blog post in which I analyze in detail a recent USD/CAD short trade...
