The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
Read More »EURUSD
EURUSD has been trading within a well defined uptrend over the last several months, since breaking out in early 2017. 1.2360 provided support to the pair in early February and now switches to resistance. The pair’s top level was $1.2555, and recent low was 1.2155. Immediate resistance is seen around ...
Read More »Forex Technical analysis week: 9-13 October 2017
Forex Technical analysis week: 9-13 October 2017 10-12-2017 GBPUSD regains bullish momentum breaking above the 50 hour moving average and also breaking above the 50 daily moving average after rumors that EU may offer UK a 2 year transition period, stay long as the pair is trading above 1.32 10-11-2017 ...
Read More »Forex Technical analysis week: 17-21 July 2017
USDJPY Technical analysis July-19-2017 USDJPY is under selling pressure today and sellers now are in full control as the pair broke below the 50d MA and 100d MA and now it is targeting the 111.21 level, meanwhile USD is weak across the board. AUDUSD Technical analysis July-12-2017 AUDUSD made an ...
Read More »Technical Analysis for EURUSD and USDCAD
Technical Analysis for EURUSD and USDCAD EURUSD gapped up higher today and is keeping most of the gains after the results of French election. The pair hit the daily high at 1.0904 and made the low at 1.0820 just below the 200d MA and is moving slower higher after. It ...
Read More »Technical Analysis USDJPY and EURUSD
Technical Analysis USDJPY and EURUSD USDJPY is under pressure today breaking and the 113 level. The pair will rebound from current level as it has reached oversold level and the shorts will run for some profit taking. EURUSD is trading today in positive bias again as dollar is under pressure. ...
Read More »EURUSD hits fresh 14-year low at 1.0339
EURUSD hits fresh 14-year low at 1.0339 EURUSD fell to fresh 14 year lows, breaking the low from December at the 1.03517 hitting the low for the day at 1.0339 the worst level since 2002. The strong USD supported by data showing strong ISM manufacturing and construction spending data. Bearish ...
Read More »Daily Technical Aanlysis
USDJPY USDJPY tumbled in Asia-Pacific trading today. That fall took the price through the 38.2% of the move up from the December 7th low at 116.537. That was the low price back on December 19th EURUSD EURUSD is looking bullish today as it managed to broke above the 50h and ...
Read More »EURUSD in 14-years Low
EURUSD in 14-years Low EURUSD pair is trading at its lowest in 14 years, hitting the low at 1.0366 following the US Federal Reserve latest monetary decision. Investors view that the US economy will pick up pace in 2017. Also ECB extended monetary stimulus in the EU by more than expected last ...
Read More »Two important interest rate decisions for forex traders
Two important interest rate decisions for forex traders Two important interest rate decisions for forex traders this week FOMC interest rate decision on Wednesday, December 14 at 2:00 PM ET/1900 GMT. It was a year ago that the FED last hiked and all investors believe they will hike again this ...
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