Category «Forex brokers»

Forex Analytics. The dollar is not enough “bullish” impulse

Dollar shows more confident strengthening, rather than the day before, most notably manifested against the yen. The Japanese currency bears impressive losses in terms of growth of risky assets after reaching agreement on the limitation of OPEC oil production. USDJPY intraday gain is about 100 points, supporting the dollar in other currency pairs. A good …

Brent Oil succeeds to breach – Analysis – 30.09.2016

Brent oil price managed to breach the falling wedge resistance mentioned yesterday, which motivated the price to rally upwards strongly to surpass 48.91 barrier and with a settled daily close above it, which reinforces our positive overview on the intraday and short term basis, as the price started to test the psychological barrier at 50.00$ …

EUR/USD following a neutral week on the Daily Chart

EUR/USD (current price: 1.1205) The most traded pair remained choppy on Thursday, as investors are still uncertain about the next moves by the central banks. The ongoing banking crisis in Europe point easy to monetary conditions, but the U.S. economic releases were mostly positive this week, possibly leaving the opportunity open for the FED to …

Euro back the lost positions

The European currency fell against the US Dollar in the first half of the day, even in spite of good data for Inflation in the Euro zone, but investors are again buying euros, since the macro-meadows-economic indicators in the U.S., a slight decline in economic growth rates. According to the Agency for statistics of Eurostat, …