World-Signals

World-Signals

The discoveries of new gold deposits in Russia are much slower than mining, and as a result, the country may face the depletion of precious metal reserves. Pavel Grachev, CEO of the largest Russian gold mining company Polyus, said this in an interview with RBC. According to him, a critical moment may come in the next few decades. The current reserves of gold in...

World-Signals

The oil price quickly moved down after the release of the news that New Mexico broke oil production records. "New Mexico broke an oil production record in May, pumping an average 1.22 million barrels daily as the Permian Basin returned to output growth again." The Oil price dropped about 150 pips after one hour of the news release and is on the way to continue...

World-Signals

The higher U.S. consumer price may support the dollar in a short term period. Inflation climbs for third straight month: U.S. consumer prices rose 5.4% in June from a year ago, again higher than expected. The dollar became stronger after today's key report for U.S. inflation. The Dollar gained about 55 pips after the release of the news. This year...

World-Signals

During the current European session the trend of EURUSD will change. The current downward trend started last Friday and is about to end today. The Dollar gained about 130-140 pips in this period of 4 days. For today the key event is ISM Manufacturing PMI(May) at 14:00 GMT. But overall the key event that everyone is waiting for is Friday Non-farm payroll report. It...

World-Signals

Today at 14:00 Eastern Time will be published the decision of the US Federal Reserve on interest rates in the country. The expectations for today's meeting are that the interest rates will not be changed and will remain at the level of 0.25%. The Fed's press conference, which will start at 14:30 Eastern Time, is also expected with increased interest. Investors are...

World-Signals

EURUSD - Trading signal is to open long positions. We expect to see EURUSD at levels close to 1.2200 in a couple of hours or latest tomorrow. The current entry level is at 1.2100/10.

World-Signals

EURUSD currently hit the highest level of 1.2266. This is the record high level for the last 5-months. The highest trading level of EURUSD in 2021 is 1.2349. The big questions is the potential of Euro to hit 1.2349 and the levels above this key resistance. Since the beginning of April 2021 EURUSD is in upward trend. In the last week of May is expected to show key...

World-Signals

Fed Interest Rates and GDP reports on focus to the end of the week. The EURUSD trading found a good support line at 1.2055. Although EURUSD trading is possible down correction to 1.2038 where is the next support level the trend into upward direction starts again. The most important coming events that will take effect over the trading crosses are Fed Interest Rate...

World-Signals

The Dollar is on the way to make temporary recovery against the Euro in the next couple of hours. The recovery is based on technical correction.  EURUSD trend in the mid-term period remains upward. There are some key fundamental events that can move the market. The first one and most important is the U.S. Retail Sales for March. It is expecting a strong recovery...

World-Signals

The strong data for U.S. ISM Services today for March of 63.7 very higher than the key border of 50.00 do not help the Dollar. ISM Services consensus expectation was 58.5 also higher than one month earlier of 55.3. The potential of the Dollar ends at levels below 1.17 and many investors open long positions with expectations to hold EURUSD long above 1.20....

World-Signals

The positive news from Alaska for Oil (Alaska’s North Slope holds heavy oil of billions barrels shows 4-years study) is a very important news for oil industries in the long-term period. At the same time the locomotive of the world economy - Asia started to weaken as the Chinese buyers orders went to lower levels. At the same time we can see technical corrections...

World-Signals

How U.S. citizens will use helicopter money and how they will lose these money? Each American citizen is on the way to receive $1200. How will they spend the money? The question of how it is planned to order the use of the money from the helicopter, 37% of the surveyed applications, is sought in order to collect shares on the stock market. The inflation of the...

World-Signals

The effect of U.S. Economy support and Dollar gains is about to end. The Dollar already generated the news about the new stimulus for the U.S. Economy. The effect of the $1.9 trillions plan supports the Dollar wins and gains of about 330-380 pips against the Euro in the last 10-days. EURUSD reached the lowest level of 1.1835 today that is the lowest level since...

World-Signals

EURUSD to test the record levels since the beginning of January 2021 at 1.2349. The test of the highest level this year and at all since April 2018 is on the way to happen next week. Few hours earlier we saw very good economic news for the United States but nevertheless these news did not support the Dollar. The positive report for Durable Goods orders from 1.2%...

World-Signals

EURUSD hit the top of 1.2169 as this level was a signal for the selling process. The Dollar recovered from the high of 1.2169 a level reached on January 26th 2021. The recovery is already generated of 70 pips. The tendency for continued recovery remains for the next couple of hours. The fundamental focus comes for tomorrow the key data for the U.S. Retail Sales...

World-Signals

Trading Strategy for EURUSD ahead of U.S. Holiday on Monday. There remains little more than 24-hours to complete this week's trading. EURUSD in this second week of February is currently trading at about +90 pips from the start of the week. The lossing process of the Dollar continues. In the next trading hours EURUSD may make some recovery based on technical...

World-Signals

The new business week started sluggish in the first part of Monday. There is not a clear direction and as overall the trading EURUSD is into neutral direction. The trading level (EURUSD) below 1.20 is a very good entry for many investors to buy Euros. Until the end of the day and tomorrow (Tuesday) there are no important fundamental events in the United States and...

World-Signals

The Dollar has no power and potential to recover after the losses against the Euro in the last few months. EURUSD was trading in the range of 1.17-1.18 in September-October 2020. The Dollar lost over 450 pips against the Euro as the following recovery of 250 pips. EURUSD is trading at about and below 1.2100 but finds strong support at 1.2060-1.2070. In the next...