EURUSD: With the pair closing further lower on Tuesday, more decline is envisaged in the days ahead. On the upside, resistance comes in at 1.0550 level with a cut through here opening the door for more upside towards the 1.0500 level. Further up, resistance lies at the 1...
In the Currency Strength table the AUD was again the strongest currency while the EUR was the weakest. The USD gained 2 points last week and the NZD lost 2. All the other Currencies remained around the level of the previous week with a maximum difference of just 1 point...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: AUD(4X) followed by the CAD(3X) and the USD(2X). The weaker currencies are the EUR(3X) with the GBP(3X) and the CHF(3X...
First what is the Forex market: The FOREX or Foreign Exchange market is the largest financial market in the world, with an volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, February 14th The EUR/USD pair retreats from session’s peaks, marked at 1.0633 spot, however, still remaining positive...
XAU/USD Because of the strong dollar gold prices are falling. Trump promised to announce his decision on taxes next week, so we are expecting for deeper correction. However, trend line may stop factor for the pair. The best way to trade now is wait, till pair touch its trendline bellow level 1218...
Trading recommendations Sell in the market. Stop-Loss 0.7715. Take-Profit 0.7640, 0.7600, 0.7560, 0.7500, 0.7460 Buy Stop 0.7715. Stop-Loss 0.7670. Take-Profit 0.7760, 0.7800, 0.7840 Overview and Dynamics...
FX Markets Look to Chinese, UK, & US CPI, Yellen Testimony Midweek Talking Points: - Inflation data from across the globe into focus this week; is the world moving away from lowflation? - Fed Chair Yellen heads to Capitol Hill for her semi-annual Humphrey-Hawkins testimony...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, February 13th The USD/JPY pair has lost its upside momentum and now is trading in south direction, as traders are taking some profits off the table. Today the pair refreshed its two-week highs at 114...
Trading recommendations Sell Stop 2305.0. Stop-Loss 2322.0. Objectives 2275.0, 2256.0, 2243.0, 2220.0, 2200.0, 2190.0, 2170.0 Buy Stop 2322.0. Stop-Loss 23050.0. Objectives 2330.0, 2350.0, 2400...
GBP/CHF Pair is trading near resistance 1.2560. This level is not the stronges one, as it was hit several times. We advice You to wait till 1.2640, where sell orders to be made. USD/CAD Canadian dollar is moving to support levels 1.3060 and 1.30. Level 1...
On 09 Feb 2017 02:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for EURCAD currency pair at 1.40062 under 51, 218, 59. The position closed on 12 Feb 2017 10:05 PM UTC at 1.3929 and the profit was 0.55%. AdMACD parameters for EURCAD on close were 5, 13, 23...
GOLD: The commodity continues to retain its upside pressure leaving risk higher prices in the new week on the cards. On the downside, support comes in at the 1,230.00 level where a break will turn attention to the 1,220.00 level...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bearish Last week saw price slide below the resistance line at 1.0650. The trend this month has essentially been bearish, and could continue as the support lines at 1...
Tax and Trade Promises Won’t Carry Last Week’s Dollar, Equities Trend Though the event risk this past week was varied, the effective fundamental motivation was once again derived from trade and competitive policies...
EURUSD: With the pair closing lower the past week on correction, further weakness may occur in the new week. However, we think a move back up could happen. On the upside, resistance comes in at 1.0700 level with a cut through here opening the door for more upside towards the 1.0750 level...
Fiscal stimulus, an independent Federal Reserve and weaker USD form what we call President Trump's 'impossible trinity'. The President wants to boost US growth while keeping the USD from appreciating. This cannot happen with the currently independent Fed, however...
First, a few words about the forecast for the previous week, which proved almost 100% accurate: - As it often happens, the medium-term forecast jumps ahead of the short-term one...
Much rests on: a) what Donald Trump’s dollar policy will be; b) how soon and what the size of the fiscal package will be and c) how protectionist America could become. This week has been a tale of two halves...
