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Ready for a bullish breakout. (Yann Quelenn ) • USD/JPY is still riding within symmetrical triangle towards resistance given at 114.37 (10/05/2017 high). Hourly support can be found...
Continued short-term selling pressures. (Yann Quelenn ) • GBP/USD is still trading lower. The pair failed to monitor resistance given at 1.3046 (18/05/2017 high). The road is wide-open for further...
Ready for another leg higher. (Yann Quelenn ) • EUR/USD is still consolidating and should target resistance at 1.1445 (29/06/2017 high). Hourly support can be found at 1.1292...
After some decline during the Asian session, the dollar today resumed its growth. Ambiguous data on the US labor market for June, published on Friday, caused a surge in volatility in the foreign exchange market. And yet, despite the fact that unemployment rose in June from 4.3% to 4...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, July 10th The EUR/USD pair was showing minor volatility during Asian session, keeping position within 10 pips narrow range near the level of 1.14...
The pair XAU / USD continues to decline actively. At the beginning of today's European session, the pair XAU / USD is trading near the mark of 1206.00 dollars, which is $ 5 less than the closing price on Friday. The pair XAU / USD broke through the important support levels 1241...
The USD/JPY pair held on to its gains beyond the 114.00 handle, albeit has retreated few pips from fresh two-month tops touched in the past hour...
Forex today kicked-off the week on quieter note, although amid a better risk environment induced by the oil-price recovery, which triggered a risk-on rally in the Asian equities...
The greenback, tracked by the US Dollar Index, keeps meandering around Friday’s close near 95.80, alternating gains with losses so far in the day. US Dollar interim target at 96...
Every trader is talking about what are the characteristic of a professional trader are and perhaps some of them vary from trader to trader, this is an important aspect that every trader should understand because this is the key to successful trading, this opinion can be in a general level...
It seems High and Low are as independent as Open and Close of price candles. However, the graph of [ High minus Low ] shows a sinusoid pattern with constant period of 24 hours. The above picture shows EURCAD price chart and HIGH-LOW chart below it. As we can see, a main sine wave exists...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish A bearish correction occurred from Monday to Wednesday before rallying on Thursday and closing on a bullish note on Friday...
I AM EXPECTING A GAP FROM LAST WEEK CLOSE OF 1.1398 UP .OTHERWISE ,THERE WOULD BE OPPORTUNITY TO MAKE SOME MORE PIP FROM A GAP DOWN RIDING UP TO PRICE AT 1.1430 AT LEAST FOR SOME HOURS OF THE OPENING OF MARKET ON MONDAY BASED ON 3O MINS FRAME...
WEEKLYFOREX ASTROLOGY REVIEWS WEEK 28/2017 Ask the trader who trades positionally about what is most difficult in our work? This is to wait. Wait for the moment when the market will enter into it. When the market will take profit from it. Are you willing to wait...
Hello traders, I saw that GBPUSD has critical support point at 1.271x - 1.272x as beginning to sideways range or even as next key breakdown. Btw, this is not trade recommendation :) I just share it for us able to see the situation and prevent anything bad in markets. Good luck...
The coming week will be extremely light with respect to scheduled risk events. At its July meeting, UBS Chief Investment Office (CIO) expects the Bank of Canada to either hike or prepare markets for a rate hike later in the year...
Former Federal Reserve chairman William McChesney Martin once famously said that central banks should "take away the punch bowl just as the party gets going". UBS Chief Economist Paul Donovan asks if this is really happening right now...
First, a review of last week’s forecast: - EUR/USD. As a result of a powerful breakthrough in late June, the pair reached the upper boundary of the side channel in which it has been moving for more than two years since the winter of 2015. It was this that gave reason to expect the pair to fall...
Probably everyone knows that without the technical analysis on Forex it is impossible to clearly imagine where the market will now move. The automatic analysis of the situation on the market and the giving of signals about the favorable moment for entry is the dream of most traders...
USDCHF: With the pair backing off lower prices following a reversal of its intra day losses to close higher on Friday, more strength should build up. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0...
