Daily Strategy - Temporary recovery of the dollar against the Euro. EURUSD (1.2383) Trend: Neutral/Downward Support/Resistance: 1.2320 - 1.2495 After the rest day in United States the new week started with less economic events in United States. The key events today come from Germany and EU at 10:00 AM GMT Germany ZEW Survey - Current Situation, ZEW Survey -...
EURUSD (1.2542) Trend: Neutral/Upward Support/Resistance: 1.2390 - 1.2580 The last day of this dynamic and full of fundamental events week will release another events like: Housing Starts and Building Permits at 8:30 AM ET, Import Prices ex-oil, Export Prices ex-ag. and Michigan Consumer Sentiment - Prelim. These events probably will not change the current trend...
EURUSD (1.2461) Trend: Neutral/Upward Support/Resistance: 1.2330 - 1.2490 The dollar recovery against the Euro for a short time after yesterday reports for CPI and Retail Sales. But it was temporary and the dollar losses continue few hours after the key U.S. data. For today the key events are at 8:30 AM Eastern Time is Initial Claims, Continuing Claims, PPI, Core...
Daily Strategy - Important events will move EURUSD at 1.24 and above EURUSD (1.2379) Trend: Neutral/Upward Support/Resistance: 1.2285 - 1.2400 For today the most important events come from Euro Zone and Germany. These events are Germany, Euro Zone GDP, Euro Zone Industrial Production at 10:00 AM GMT. In United States pay attention to Retail Sales, CPI at 13:30...
EURUSD (1.2322) Trend: Neutral/Upward Support/Resistance: 1.2205 - 1.2340 If you follow our forecast for EURUSD from the first business day of this week you know that we expected consolidation at the current level. The dollar gains for the last 6-days are over. The consolidation process may end if we see levels above 1.2340. The fundamental events today are not...
EURUSD (1.2289) Trend: Neutral Support/Resistance: 1.2205 - 1.2340 At the beginning of the new business week expect U.S. Treasury Budget report at 14:00 Eastern Time. As overall continue to use technical analysis today. The dollar gains against the Euro are limited and may end today. World-Signals.com trading strategy for today is to open long position during...
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...