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Weakening. • USD/CAD has declined after failing to reach 1.3800 before bouncing back. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017 high). Expected to show...
Bouncing back lower. • USD/CHF has paused after sharp reversal off 1.0107 high (10/04/2017 high). Support located at 1.0049 (10/05/2017 low) has been broken. Expected to consolidate around parity...
Consolidation phase. • USD/JPY is pushing higher since the pair broke resistance given at 112.20 (31/03/2017 high). Hourly support can be found at 113.86 (11/05/2017 low). Stronger support is located at...
Sideways price action. • GBP/USD is trading mixed. Hourly resistance is given at 1.2989 (07/05/2017 high). Hourly support can be found at 1.2757 (21/04/2017 low). An unlikely break of this support would indicate...
Medium-term bullish. • EUR/USD is trading higher towards resistance at 1.1023 (07/05/2017 high). Stronger support is now given at 1.0682 (21/04/2017 base) and key support can be found at 1.0494 (22/02/2017 low...
USD/JPY The dollar is falling today in almost all currency pairs except the yen. The USD/JPY returned to the middle of the range of 113.00-114.00 after testing intraday lows in the area of 113.15 mainly due to decrease of U.S. government bond prices on the Friday session...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, May 15th Today the EUR/USD pair continues to keep its bid tone, refreshing its weekly tops at 1.0947 mark, on the back of ongoing softness of the US dollar...
After in April British Prime Minister Theresa May unexpectedly announced early parliamentary elections the British stock market collapsed. The index of the London stock exchange FTSE100 has lost almost 2.9%. It was followed by all European major stock indexes...
After many years in the markets I have created a robust stable and profitable trading system I o rider to have stable monthly returns, 5-50% depending how much you want to risk...
Trading recommendations Sell Stop 1.0920. Stop-Loss 1.0955. Objectives 1.0900, 1.0875, 1.0820, 1.0800, 1.0780 Buy Stop 1.0955. Stop-Loss 1.0920. Objectives 1.1000, 1.1020, 1.1050, 1.1100 Ambiguous macro statistics, received on Friday from the US, caused a decline in the dollar...
It is trusted that boost prompting the making and spreading of exchange trade was the minute when man began delivering more agrarian harvests than they can devour. The overabundance was then exchanged for things they were keen on with others...
GOLD: The commodity halted its weakness to close higher the past week. On the downside, support comes in at the 1,220.00 level where a break will turn attention to the 1,210.00 level. Further down, a cut through here will open the door for a move lower towards the 1,200.00 level...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish Last week saw price test the support line at 1.0850 before closing above the support line at 1...
EURUSD: With the pair retaining its short term uptrend, more strength is envisaged. Resistance comes in at 1.1000 level with a cut through here opening the door for more upside towards the 1.1050 level. Further up, resistance lies at the 1.1100 level where a break will expose the 1.1150 level...
Good evening, First of all sorry this one is late. The server my blog is running on went to mainenance in the middle of me writting this blog. And I was too lazy to post this the next day :/ I'll try to do better. So let's continue. Read more here...
XAUUSD WEEKLY (MAY 15-26), AN ARTIFICIAL NEURAL NETWORK APPROACH === XAUUSD Neural Network Future predictions from end of training data === Predictions Date High (%Probability...
Ray Dalio, the founder of Bridgewater, the world’s largest hedge fund, says the economy has gotten as good as it can get. That makes future improvement unlikely. As a matter of fact, he writes the future looks “scary...
Federal Reserve Chair Janet Yellen said Friday that women have made major strides in the workplace in the past 125 years, but she expressed concern about barriers that are still holding women back today...
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