Today will be released the FOMC meeting minutes. Traders will monitor carefully any further hint about the Fed rate path until the end of the year. For the time being, markets are expecting an optimistic tome from May’s FOMC policy meeting...
As expected, Moody’s has downgraded China’s sovereign credit rating to A1 from Aa3 with revised outlook stable. According to Moody’s, the cut was due to growing leverage and the fact indirect liabilities will be pressured as economic growth decelerates...
The US stock markets recovered completely after a sharp fall in the middle of last week, which arose amid growing political tensions in the US, which could become an obstacle to the implementation of President Donald Trump's program...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, May 24th Today the EUR/USD is consolidating its positions in 20-pips range in the area of 1.1180, after sharp reversal, seen in the last trading session...
On Tuesday, France and Germany released a series of positive macro data that helped strengthen the euro and the EUR / USD pair at the beginning of the European session. Nevertheless, during the US trading session, the dollar recovered significantly in the foreign exchange market...
How to use the OrdersTotal() int OpenPos() { int total=PositionsTotal(); int count=0...
AUDUSD. The pair continues to retain its recovery threats strengthening strongly on Tuesday and leaving risk of price extension. On the downside, support resides at the 0.7450 level where a breach will aim at the 0.7400 level. Below that level will set the stage for a run at the 0...
Volatility continued to decline as political concerns fade into the background. VIX is now at levels seen before the James Comey memo rocked equity markets...
Swiss trade data came on the soft side in April, highlighting the negative effects of a high level of political uncertainty that stemmed from the French elections and Brexit talks. Exports contracted 2.5% m/m in April compared to a downwardly revised reading of 1.8% in the previous month...
Against the background of the weakening of the US dollar and the rise in commodity prices, the NZD / USD pair has significantly increased over the past 1.5 weeks...
The euro further advanced against the U.S. dollar after German Chancellor Angela Merkel said the euro is "too weak" because of the European Central Bank's monetary policy. Her statement gave traders yet another reason to buy euros towards the next resistance level at 1.13...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, May 23rd Today the GBP/USD pair once again came under influence of negative events that have triggered another wave of risk-aversion sentiments across the board...
Forex Profit Ribbon is a simple yet powerful system. Simple systems are the best systems when it comes to winning trade after trade. You can download Forex Profit Ribbon system FREE. It is a gift from Russ Horn who is considered to be a genius forex trader...
EUR/USD The pair descended below the level of 1.12 and since then has been moving in a narrow range. The euro crossed two significant levels last week, however the downward movement will be limited by the growth of the euro paired with the pound...
Markets have refocused on fundamentals yet are keeping one eye on the political risks. With US President Donald Trump - the lone source of market volatility - now traveling in the world’s most unstable region, even the most bullish investor is skittish...
Strong demand. • Crude oil continues to bounce on shortsqueeze move. Support is given at a distance 43.76 (05/05/2017 low). Demand is very strong and the road is wide-open for further increase. • In the long-term, crude oil has recovered after...
Short-term bullish. • Silver increases. Strong support is given at 15.63 (20/12/2017 low). Closest support is given at 16.20 (04/05/2017 low). Key resistance is given at a distance at 19.00 (09/11/2017 high...
Ready for another leg higher. • Gold seems on its way back up. Hourly support is located at 1246 (18/05/2017 low). Stronger support is given at 1195 (10/03/2017 low). Expected to show further upside pressures...
