World-Signals

World-Signals

EURUSD - Daily analysis - Downtrend is over, pay attention to geopolitics. As the elections in the United States approach, we increasingly begin to pay attention to geopolitics, which affects the currency markets, and especially the dollar, at the expense of technical and fundamental analysis. In reality, only one working week remains until the all-important...

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EURUSD - Daily analysis - 3 weeks in a row the dollar is on a winning streak. Throughout the month of October, the dollar grew against the Euro. In the three weeks of this month, the dollar gained more than 330 pips. For most of the month, economic data for the United States was upbeat. By all accounts, the US economy looks set to continue to outperform that of...

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EURUSD Daily Analysis - Consolidation day ahead of key data from both sides of the Atlantic. Since the beginning of October, the dollar has strengthened steadily and smoothly against the Euro. For half of the month, EURUSD movement is only in a downward direction with a gain of 300 pips for the dollar. The dollar is currently in its strongest position since August...

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Throughout the first day of the new week EURUSD remained consolidated at the levels of 1.0960/85. Today at 6 o'clock GMT we expect data on Industrial Production for the month of August in Germany, with expectations for a growth of 0.8% compared to the previous month, where we had a drop of -2.4%. The Eurogroup Meeting is another key event of the day that is likely...

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Among the important fundamentals from Monday is Factory Orders for the month of August in Germany from 8am GMT. It is very likely that we will see another contraction that will negatively affect the Euro. In general, the industry in Germany has started to shrink and there are no chances for growth. The other important news is related to retail sales in the...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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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...

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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...

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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...