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...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, December 13th The EUR/USD pair remains positive today ahead of one of the key events of this week – FOMC meeting...
In the run-up to the publication of the Fed's decision on the rate, there is a low activity of traders. Trading volumes are also small. Investors take into account in the prices of 100% the probability of a rate increase today at 0.25% to 1.5%. Meanwhile, the dollar keeps positive dynamics...
12.12.2017 GBPUSD GBPUSD managed to hit below 1.3320 which may be the sign of break throw. As long as market holding below 1.3360-80 resistance zone more drop will be expected toward 1.3220-30 zone. Above 1.3435 market may head again to re-test downtrend line around 1.3500 zone...
EURUSD: The pair looks to resume its short term downtrend following its upside price rejection. 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...
Presented at the beginning of today's European session, data on consumer inflation in the UK caused a surge in volatility in the dynamics of the pound. The consumer price index (CPI) of Great Britain in November grew by 3.1% (in annual terms), exceeding the forecast by 0...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, December 12th The EUR/USD pair broke out of its consolidation trend at the beginning of European trades on the back of broad retreat of the US dollar...
11.12.2017 USDJPY USDJPY managed to break above 113.20-30 resistance zone which may activate farther advance toward 114.40 zone As long as market holding above 113.00 more advance toward 114.40 zone will be expected Below 113.00 market may enter new downtrend wave that may target 111.50-70 zone...
GBPUSD: The pair closed lower the past leaving risk of more weakness on the cards in the new week. Support lies at the 1.3350 level where a break will turn attention to the 1.3300 level. Further down, support lies at the 1.3250 level. Below here will set the stage for more weakness towards the 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, December 11th The EUR/USD pair remains better bid at the start of this week on the back of broad weakness of the US, as mixed data from the US labor market failed to cheer up US bulls...
Major US stock indices on Monday remain positive dynamics, stably bargaining on eve of the Fed meeting scheduled for December 12-13...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
Bitcoin is making new highs at $19,000. Many brokers have BTC/USD available for trading. With 1 standard lot you can buy around 10 bitcoins as of yesterday. There is an intense debate ranging on whether bitcoin is a bubble or something real...
EURUSD: The pair weakened further the past week leaving risk of more decline on the cards. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1...
First, a review of last week’s forecast: - Medium-term forecasts often come true much faster than expected. 65% analysts had expected that EUR/USD would test the midpoint of the 1.1575-1.2090 side channel - along which it has been moving for several months - in the medium term...
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08.12.2017 USDJPY USDJPY (113.33): The U.S. dollar posted strong gains following the rebound off the 112.00 level of support. Price action remains biased to the upside especially after breaching the 113.20 level of resistance...
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