EURUSD (1.2264) Trend: Neutral Support/Resistance: 1.2180 - 1.2340 For the last business day of this week there is one event U.S. Wholesale Inventories but you can forget about the fundamental factors today and focus over the technical indicators. The gains of the dollar by the last day shows that the trend is slow and may end shortly. World-Signals.com trading...
Daily Strategy - EURUSD to follow the trend by the last couple of days EURUSD (1.2280) Trend: Neutral + Downward Support/Resistance: 1.2145 - 1.2340 For today you can pay your attention at 8:30 AM Eastern Time for U.S. Initial Claims and Continuing Claims. It is not expecting changes to prior week. Also some of the events to focus today are Germany Trade...
The record prices of the Crude Oil are about the end. The Crude Oil price is in uptrend since July 2017. Several factors support the high oil prices as the major is the agreement between Russia and Saudi Arabia. The explosion of Libya’s pipeline and the world economic growth also support the rising oil prices. The end of the high oil prices may come soon as the...
In the full business week for 2018 EURUSD start in consolidation at levels about 1.20. The consolidation is fact after key Non-farm payroll report on Friday. The power of the Euro is about the end while the dollar receives positive signals to restart the gains towards 1.16. In the coming week the most important event to focus is Non-monetary policy’s ECB meeting...
The Dollar may gains against the Euro after Fed interest rates hike. It was widely expecting the action of Fed with the hike of interest rates. United States key interest rates are at 1.50% as that action showed some losses of the Dollar with about 70-80 pips against the Euro. But the losses of the dollar were temporary and the exchange rate recovered to 1.1750....
At the end of the business week are expecting positive news for U.S. Nonfarm Payrolls and Unemployment rate. According to World-Signals.com the Unemployment rate may down to 4.0% while Nonfarm payrolls to release at levels between 200K and 240K. But first the focus is over EU GDP and ECB President Draghi's Speech on Thursday. The Dollar takes advantage over the...
Draghi and Yellen are on focus this week for further EURUSD trend. The Euro and Dollar is in process of waiting for a new direction. The reason is that after more than one month of weak dollar and partially recovery of the dollar is time for new events to put the new trend. In the coming week the news come first on Monday when at 14:00 GMT is ECB President...
Saudi Arabia moves the Energy market in the last few weeks. The situation in Saudi Arabia is very important and delicate for the price of black gold. The changes in Saudi major ministers, princes also helicopter crash with death of high-ranking officials and Prince Mansour bin Moqren may change dramatically the situation in Saudi Arabia and Energy politic in the...
Crude Oil (New York) prices upward movement is over. It is time for correction down below $50. The technical analysis shows that the double top, signal for down movement at least to $50 from the current $51.30. The World-Signals.com trading strategy is to open short positions. Also key factor for oil price is OPEC’s compliance rate with the oil production cut...
Russia - Saudi Arabia meeting in Moscow to change Oil prices soon. The meeting in Moscow today is the event that will move the Crude Oil price into upward direction. The king of Saudi Arabia is in Moscow and one of the details who are focus in discussion refers to oil prices. The two countries Russia and Saudi Arabia are absolute leader of oil producer and they...
The fundamental analysis supports the rise of Crude Oil price in the last few days. Although that the technical analysis shows the end of the uptrend of Crude Oil. The fundamental is very strong during the last few days. Russia working hard to push the prices of Oil up while at the same time there are other factors to support the growth of the price. The...
EURUSD this week start in downtrend but may end the downtrend in Tuesday or Wednesday. Then World-Signals.com expects to see turn into uptrend. The best trading strategy this week is to open long position on Tuesday or Wednesday at levels close to 1.1710-1.1720. At the end of the week the target is at 1.1850. The most important event this week is set for...
The upward movement of EURUSD is so strong that the stop is expecting far above 1.19. The rumors that Fed will not hike interest rates this year or one 25 bps up to 1.50% as maximum is one of the factors to move the Euro from 1.11 to 1.16. The World-Signals.com trading strategy this week is to keep long positions or to open long positions using any correction...
EURUSD could not find a clear direction already 5-weeks. The process of consolidation continues at levels of 1.12. It is waiting for a key event that would move the market into new direction. The consolidation process may continue next week with slightly movements within the trading range of 1.1110 and 1.1290. The events that are important for the last week of...
This week start with a holiday in United States - Memorial Day. But the focus on Monday is at 13:00 GMT ECB President Draghi's Speech. EURUSD trading in the last week is almost flat and in consolidation process of 1.1150-1.1260. The Euro lost the initiatives to gain against the dollar as the consolidation process may continue till Friday when is the one of the...
The Euro gains at the start of the new week after the news that Marine Le Pen won the second position at French vote but without chances to became the new French president. The French election is the factor that moves the forex market and the Euro will continue gains against the dollar till Friday end of trading. It is widely expecting Emmanuel Macron to win the...
What will happen in 2017 and our forecasts in this article. In the forex market the forecasts for EUR/USD is to reach levels of 0.90. The Euro weakness continue in 2017 due too serious budget problems in the Euro Zone also interest rates divergence. The Pound to cut the half of the losses against the dollar in 2017 and became more attractive currency. Crude Oil...
The pressure for the US dollar will continue this week, although it will be weak and not so frequent. US Dollar will loose some of his price over the Euro's strong support. The main Dollar lost will be just in the beginning of this week and by the end, it will regain some influence again. The most important events witch will take place in the market’s movements...