Federal Reserve issues FOMC statement – December 16, 2020
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.
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 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 […]
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 […]
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