Sideways price action. (By Yann Quelenn ) • EUR/GBP is trading slightly lower. The pair is trading between support at 0.8689 (08/12/2017 low). Resistance is located at 0.8867 (05/12/2017...
Pushing higher. (By Yann Quelenn ) • AUD/USD's upside pressures are growing. Hourly resistance is given at a distance at 0.7695 (15/12/2017 high). Support stands at 0.7502...
Monitoring 1.29. (By Yann Quelenn ) • USD/CAD is testing hourly resistance at 1.2917 (27/10/2017 high). Expected to show continued buying pressures...
Riding downtrend channel. (By Yann Quelenn ) • USD/CHF is trading lower. Yet, the technical structure indicates further downside risks. The pair has failed to hold consistently above the...
Ready for another leg lower. (By Yann Quelenn ) • USD/JPY is ready to push lower. Hourly resistance is given at 113.75 (12/12/2017 high) while hourly support is given at 112.03...
Riding short-term downtrend channel. (By Yann Quelenn ) • GBP/USD continues to move lower within downtrend short-term channel. The technical structure indicates further weakness. Support is...
Consolidating above 1.1700. (By Yann Quelenn ) • EUR/USD's short-term bearish momentum has abruptly ended. Hourly resistance is given at 1.1961 (27/11/2017 high). Hourly support given at...
After the RBA kept the interest rate at the current level of 1.5% at the beginning of the month, the Australian dollar strengthened its decline. In the accompanying statement of the RBA it was stated that "interest rates correspond to the goals in relation to GDP, inflation...
EURUSD: The pair closed lower after reversing its earlier gains for the week. On the upside, resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
Hello, friends. Some time ago I promised to buyers of my Color Trend FX indicator to make an EA that trades by its signals. Today I want to present to your attention the first version of the Color Trend EA. This is only the first version of the EA...
First, a review of last week’s forecast: - The Christmas holidays simply cannot help affecting financial market participants. They are the reason most analysts expected EUR/USD to move in the rather narrow range of 1.1685-1.1900...
ETH Ethereum price surged from around $8 to $600 in 12 months this year. ETH Ethereum thus beat Bitcoin that only surged 1700% in 12 months. Which cryptocurrency will win in the long run? I have written a blog post on how Ethereum will win in the long run...
GBPJPY: The cross closed lower the past week leaving risk of more weakness on the cards. On the downside, support comes in at the 149.50 level where a violation will aim at the 149.00 level. A break below here will target the 148.50 level followed by the 148.00 level...
Against the backdrop of the newly emerging uncertainty around Brexit, the pound is declining during today's European session. Today, on the second day of the EU summit, its leaders ordered the UK to outline the prospects and goals of signing an agreement on mutual trade in the coming weeks...
14.12.2017 GBPUSD British Pound managed to jump above 1.3360-80 resistance yesterday which may spur advance to re-test downtrend line again around 1.3490-1.3500 zone. From that zone will expect another drop wave that may hit the market toward 1.3320-40 and 1.3220-30 zone. Above 1...
I am often asked how to trade using the levels of the All-in-One Trade (AOTI)? When we need to enter a position and when to get out of it? Today we learn all the rules of work with these levels...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, December 14th The EUR/USD pair keeps its positions above the level of 1.1800, however, having retreated from its daily highs during the Asia trading session on the back of the US dollar’s correction...
In the focus of attention of traders yesterday was the meeting and the decision of the Fed on the rate, which was published at 19:00 (GMT). As it was already known, the rate was raised by a quarter of a percentage point, to the range of 1.25% -1.50%, for the third time in 2017...
USDCHF: The With the pair continuing reject lower prices risk of a recovery higher is likely. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0.9800 level. On the upside, resistance resides at the 0...