USDCHF: With the pair closing lower the past week, further weakness is likely. However, we may see an initial run to the upside in the new week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0...
The USD is in a soft spot amid a global rush into yield and little perceived threat from the Fed, at least until Chair Yellen’s Jackson Hole appearance. While we think USD pullbacks still represent medium-term buying opportunities, bulls will need to be patient...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, August 12th GBP/USD Current price: 1,2954 (0.0...
Weekly price is located far below 100 SMA/200 SMA reversal area on primary bearish market condition with 1...
The USD has been in retreat of late. It appears that goldilocks and the USD bears are playing for the same team these days.The recent underperformance of the USD reflects investors’ scepticism that the Fed will be able to hike anytime soon...
GBPUSD: Having the pair rejected higher level prices to close lower on Wednesday, further downside pressure. On the downside, support lies at the 1.2950 level where a break will turn attention to the 1.2900 level. Further down, support lies at the 1.2850 level...
TRADING RECOMMENDATIONS According to previously submitted data for the week, consumer prices fell 0.4% in July compared with the previous month and by 0.2% compared with the same period last year. Real retail sales in Switzerland in July fell by 3.9% in annual terms...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, August 11th NZD/USD Current price: 0.7242 (0.6...
NZD/USD Intra-Day Fundamentals: RBNZ Official Cash Rate and 155 pips range price movement 2016-08-10 21:00 GMT | [NZD - Official Cash Rate] past data is 2.25% forecast data is 2.00% actual data is 2.00% according to the latest press release...
AUDUSD reaches a new 3-month high above 0.77 as the risk-rally in FX continues. S&P has reached a new peak too at 2187. Our STEER model signals that global equities are the principal driver of AUD (rather than yields) which supports the link between the S&P 500 and AUDUSD...
USDJPY: With the pair closing lower on Tuesday and extending it on Wednesday, more weakness should build up. On the downside, support comes in at the 101.00 level where a break if seen will aim at the 100.50 level. A cut through here will turn focus to the 100...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, August 10th USD/CAD Current price: 1.3070 (-0.4...
What the BoJ, ECB and Major Central Banks Do to Rest of the World Talking Points: The world's largest central banks are near, at or even below the zero threshold on their benchmark rates Policy groups for the world's major, developing (emerging market) economies are comparably in disarray Extreme...
Pivot Points Hourly Last Updated: Aug 10, 6:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11236 1.11361 1.11421 1.11486 1.11546 1.11611 1.11736 USD/JPY 100.764 101.034 101.19 101.304 101.46 101.574 101.844 GBP/USD 1.3011 1.30411 1.30533 1.30712 1.30834 1.31013 1.31314 USD/CHF 0.97805 0...
Pivot Points Daily Last Updated: Aug 10, 5:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.09973 1.10495 1.10821 1.11017 1.11343 1.11539 1.12061 USD/JPY 100.571 101.311 101.584 102.051 102.324 102.791 103.531 GBP/USD 1.28195 1.29097 1.29548 1.29999 1.3045 1.30901 1.31803 USD/CHF 0.97535 0...
EURUSD: The pair may have stalled and headed higher on Tuesday but still maintain its medium term downside pressure. Support lies at the 1.1050 level. Further down, support comes in at the 1.1000 level where a violation will aim at the 1.0950 level. A break of here will target the 1.0900 level...
Retail GBP/USD Sentiment Approaches Post-Brexit Extreme Talking Points: - Retail GBP/USD Sentiment Approaches Post-Brexit Extreme as Weakness Persists. - USDOLLAR Struggles as Mixed U.S. Data Dampens Bets for 2016 Fed Rate-Hike. GBP/USD...
The Global Manufacturing PMI Index increased for the second consecutive month in July. It is also showing modest signs of acceleration with the index now rallying above major moving averages...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, August 9th GBP/USD Current price: 1.2981 (-0.5...
