“Job gains were strong in June following weak growth in May. On balance, payrolls and other labor market indicators point to some increase in labour utilization in recent months” says the FOMC statement. ”Near-term risks to the economic outlook have diminished...
EURUSD: With the pair extending its Wednesday strength on Thursday, further bullishness is likely in the days ahead. 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...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 28th USD/JPY Current price: 104.56 (-0.8...
Talking Points: AUDCAD Technical Strategy: Bullish Elliottwave Count: Short term bullish for A-B-C FLAT correction Analysis: AUDCAD is ticking up for bullish reversal. We are expecting reversal to be happen any time in next week to complete it's A-B-C correction...
After New York closing bell, according to results of markets volatility and direction showed by the majors ( EUR, GBP, JPY, USD ), I purpose my advise on the likely developments, in the next currency markets day...
The probability of the RBA cutting rates on 2nd August have declined a touch after the Q2 inflation data showed a slightly higher trimmed mean rate, which remained at 1.7% rather than falling to 1.5...
AUDUSD. The pair saw a rejection of upside pressure during Wednesday trading leaving risk of dmore weakness on the cards. On the downside, support resides at the 0.7400 level where a breach will aim at the 0.7350 level. Below that level will set the stage for a run at the 0...
TRADING RECOMMENDATIONS Today, the yen has fallen sharply on the currency market after Japanese Prime Minister Shinzo Abe announced the decision to announce on August 2 in the amount of the program to stimulate the economy more than 28 trillion yen...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 27th USD/JPY Current price: 105.66 (1.0...
Every day, after New York closing bell, according to results of markets volatility and direction showed by the majors ( EUR, GBP, JPY, USD ), during the last session, I purpose my advise on the likely developments, in the next trading day. Yesterday we have noticed GBP and JPY bought and EUR sold...
Ahead of this week’s inflation data, there are three main reasons to stay short AUD, whether against an equally weighted G3 basket or just against EUR, as we recommended last week. First, an August rate cut still looks underpriced at 60%. Our economists expect core inflation for Q2 at 0...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, July 26th EUR/USD Current price: 1.1002 (0.01...
USDJPY: The pair remains weak and vulnerable to the downside with more weakness envisaged. On the downside, support comes in at the 105.00 level where a break if seen will aim at the 104.50 level. A cut through here will turn focus to the 104.00 level and possibly lower towards the 103.50 level...
Daily price broke Ichimoku cloud together with 'reversal' Senkou Span line to below for the bearish reversal. The price is testing 45.15 support level on open daily bar for the bearish breakdown to be continuing with 55-day low at 43.30 level as a nearest daily bearish target to re-enter...
USD: Lower USD For Now. Bearish. We expect USD will weaken over the next few months as low US yields and a better risk environment support carry trades and commodity currencies. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
Dynamic trend: Turned down Background: W1 – weak; D1 – weak Phase: Mark down In point 1 the bearish signal is a top reversal. Volume is very high. VSA showed major supply. In point 2 – «No Demand», which confirms the weakness in point 1...
E-Mini made a new high on Monday during Asian hours and followed the last ED wave to complete wave v and wave 1. Last Friday, we expected that market would made a higher weak high because two important levels did not breach on the downside (2151 and 2143.50 - September Contract...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, July 25th GBP/USD Current price: 1.3146 (0.0...
Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published. For analyzing the best pairs to trade looking from a longer term perspective the last 3 months Currency Classification can be used in support...
Welcome to my "Ranking, Rating and Score" article for the coming week, the article "Strength and Comparison" has also been published...
