Next Week in Forex
Next Week in Forex Here is a list of important news coming up this week and forex traders must watch: Monetary data: Monday, 9:00. According to the ECB, M3 Money Supply, or the amount of […]
Sign of life for EURUSD
Sign of life for EURUSD As we mentioned yesterday after 10 days the pair finally shows some sign of life. EURUSD had an impressive trading today, it hit the daily high at 1.0657, above the […]
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Technical Analysis EURUSD 9-8
Technical Analysis EURUSD EURUSD broke above the 1.13 level and also above the 1.1318 resistance but sellers rushed and push the pair back below the 1.13 and this is not a good sign for the […]
EURUSD Technical Analysis 9-7
EURUSD Technical Analysis 9-7 The pair shows sideways trading today after breaking yesterday the 1.12 level due to worst than expected ISM number from USA, EURUSD affected by stochastic negativity that might push the price […]
EUR/USD buy signal
EUR/USD buy signal The pair has been trading sideways since the Brexit decline. The lower level is at 1.0980 and the top at 1.11. The ECB will cut rates by the end of 2016 and […]
EUR/USD buy signal
Nice move from our favorite forex pair EUR/USD, after hit the daily high at 1.1349 the sellers stepped in and drove the euro back down to 1.1242, which now acts as a strong support, entering […]
Strong short term support for EUR/USD at 1.11
Strong short term support for EUR/USD at 1.11 The most favorite currency pair remains unable to gather traction on Monday, relegating EUR/USD to the 1.1100 neighbourhood the Wall Street open. Despite the prevailing selling interest […]
EUR/USD after Draghi
EUR/USD after Draghi The day after an ECB event is important. It gives traders an important clue about how strong any moves were and whether sentiment remains strong enough to keep those moves intact. Traders […]
Forex Daily Report
Forex Daily Report (5-8-2015 8:00pm GMT) US dollar supported against all the other major currencies, after data showed that the U.S. economy created slightly less jobs than expected last month, while unemployment declined in line […]
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