Forex analytics

• Dmitry.l

  1 Dec 17, 22:15

  OPEC Renews Agreement

  Despite OPEC's decision to extend cuts into 2018, oil prices only made moderate gains.

  Yesterday the Organization of Petroleum-Exporting Countries held their long-awaited summit in Vienna. OPEC members met the expectations of investors perfectly by agreeing to extend their current agreement to reduce oil extraction past its expiration date, from March 2018 until the end of next year.

  More information see here

   

   

• Dmitry.l

  4 Dec 17, 22:39

  USD/CHF Technical Analysis

   

  By the beginning of the trading week the dollar opened in positive territory, despite the political squabbles associated with the resumed investigation of the intervention of the Russian special services in the election of the US president.

  More information see here

  

• Dmitry.l

  5 Dec 17, 23:20

  EUR/USD Technical Analysis

  By the beginning of today's trading session the dollar began to strengthen. Today we expect a number of macroeconomic indicators from the US and the eurozone.

  More information see here

   

   

  

• Dmitry.l

  6 Dec 17, 23:46

  USD/MXN Technical Analysis & Daily Chart

   

  The MXN has been gradually strengthening but next week the situation can change again in favor of the USD.

  Mexico's economy is gradually recovering from the impact of natural disasters, which positively affected the rate of the MXN. After a lasting uptrend and a consolidation phase, the MXN strengthened against the dollar by 4.1%.

  More information see here

  

• Dmitry.l

  7 Dec 17, 22:54

  GBP/USD Technical Analysis

   

  We have a bearish trend with this pair.

  Recently the UK's national currency has been in a state of stress amid political scandals and the Brexit negotiation process. This is why the recent breakdown of the next round of negotiations led to fears about the dismissal of Prime Minister Theresa May and the fall of the pound.

  More information see here

   

   

  

• Dmitry.l

  9 Dec 17, 00:11

  Brexit: A New Hope

   

  The pound marked gains as a deal between the UK and the EU was finally striked on Brexit.

  This week finally brought a piece of good news for the United Kingdom. After months of stagnation in the talks with the European Union on the specific conditions under which the UK will be leaving the bloc, Britain finally managed to take a step forward by meeting some of the EU’s demands.

  More information see here

   

   

• Dmitry.l

  11 Dec 17, 22:54

  EUR/USD Technical Analysis

   

  There are bearish opportunities with this pair today.

  This month there is a 90% chance the Federal Reserve will raise interest rates, as indicated by Fedwatch. In the US data will be published on the labor market and it is predicted that the number of vacancies will be 6,030M, which is slightly fewer seats than last month.

  More information see here

   

   

  

• Dmitry.l

  12 Dec 17, 22:23

  USD/CAD Technical Analysis

  The price is undergoing a correction.

  During the last four trading days oil rallied and gained +6.5% and at the moment the price of Brent is fixed above the mark $65 per barrel, which is a two-year high.

  More information see here

  

• Dmitry.l

  13 Dec 17, 22:40

  GOLD Short Review & Forecast

   

  This day is full of news and events in favor of the USD, so it's time for the deals to SELL.

  Gold continues to lose its appeal for investors. Since September the rates have been in the frames of a downward trend, which intensified this month after a long phase of consolidation.

  More information see here

  

• Forex_addicated

  14 Dec 17, 18:30

   

  Due to The Fed Expecting 3 Hikes in 2018 cause fall in USD Price

   

  Keynotes:
  US Dollar Index Technical Analysis: Failure to soften over 94.20 up Dec. would be troubling

  Dread of expansive drop to finish off the year would elevate on break and close beneath 92.50

  Dealer Sentiment Highlight from IG UK: EUR/USD bearish inclination from retail debilitates

  The agony exchange of 2017 in view of what was required to unfold and transform exchanges into benefits that never did was the shockingly powerless USD. The US Dollar Index (DXY) played another round of that tune on Wednesday after Janet Yellen gave her last question and answer session as Fed Chairwoman.

  The US Dollar record expanded its drop and demonstrated the most shortcoming against the EUR, which increased 0.67%, the Japanese Yen that increased 0.9%, the Australian Dollar (AUD) that picked up 1%, and the New Zealand Dollar, which picked up the most against the US Dollar in the wake of rising 1.25%. The US Dollar Index itself fell 0.7%, yet still can’t seem to trigger offer signs.

  The frenzy catch for US Dollar Index bulls likely ought not to be pushed to the point when a value break and close underneath 92.50 creates. Over 92.50 (November 27 low), the diagram keeps on demonstrating higher highs and higher lows from the 2017 low exchanged at on September 08 when the DXY value hit 91.01.
• Dmitry.l

  15 Dec 17, 23:24

  Fed Hikes Interest Rates

   

  This week the Federal Reserve increased interest rates, but the dollar didn't change much.

  In yet another move contrary to the monetary policy trends elsewhere around the globe, the United States Federal Reserve chose to increase interest rates by another .25% to 1.50% this Wednesday. This week we would take a look at what motivated that decision, as well as what the consequences will be for finance.

  More informations see here

   

   

• Dmitry.l

  18 Dec 17, 23:36

  AUD/USD Technical Analysis

  Today the index for the AUD/USD from Investing, which shows the percentage of traders with long positions, was released. The new data is 62.2%, which indicates a bullish situation with this trading instrument.

  More information see here

  

   

   

• Dmitry.l

  21 Dec 17, 22:00

  GBP/USD Technical Analysis

  We are waiting for the bulls.

  Right now we expect a number of macroeconomic indicators. Today data on the growth of the GDP of the United States for the third quarter will be published, as well as the index of production activity from the Federal Reserve Bank of Philadelphia.

  More information see here

   

   

  

• Dmitry.l

  22 Dec 17, 22:32

  2017: The Year of Bitcoin

   

  As the end of the year approaches, we take a look at Bitcoin, the year's best performing asset.

  As we are only a week away from the new year, it is a good time to reflect on what went on with the global markets this year. Without a doubt the most fascinating instrument to watch in 2017 was the world’s most famous cryptocurrency, Bitcoin.

  More information see here

   

   

• Dmitry.l

  26 Dec 17, 22:29

  EUR/USD Technical Analysis

  The pair today seems to be trading flat.

  Today after the celebration of Christmas and in preparation for New Year's Eve, our pair entered the price corridor. Markets are almost completely inactive during Christmas vacations and the volatility in the markets has declined.

  More information see here

   

   

   

• Dmitry.l

  28 Dec 17, 00:13

  NZD/USD: review and forecast

   

  The rapid downward trend has been completed in late November. The NZD was under pressure because of the political situation in New Zealand, RBNZ monetary policy. the minimum has been reached but now NZD has found incentives to counter the U.S. dollar.

  More information see here

   

• Dmitry.l

  28 Dec 17, 22:00

  GBP/USD Technical Analysis

   

  Today we do not expect the release of macroeconomic news from the UK. With regards to the United States, a weekly report on crude oil reserves and a number of other less significant indices will be published.

  More information see here

   

   

  

• Dmitry.l

  29 Dec 17, 20:59

  AUD/CAD: Short Review and Forecast for the Next Year

  Both currencies have been supported by the increased commodity prices but the CAD feels more confident and has more perspectives for investors. The deals to SELL would be most effective.

  More information see here

  

• Dmitry.l

  4 Jan 18, 23:18

  GBP/USD Technical Analysis

  Today we expect the release of macroeconomic indicators for both currencies, which can accelerate the market and, in the case of improved indicators, turn around the direction of our pair.

  More information see here

   

   

  

• Dmitry.l

  9 Jan 18, 23:53

  EUR/USD Technical Overview & Daily Chart

  Today we would take another look at the EUR/USD currency pair. From around the middle of December the euro began to rally against the dollar and soared around 1.20 right after we entered 2018. However, as of this week the dollar has begun to recover some of its lost positions.

  More information see here

   

   

  

• Dmitry.l

  10 Jan 18, 22:28

  USD/MXN: Fundamental Review & Short-term Forecast

   

  The last half of the 2017 showed that the MXN cannot resist the strong dollar, despite the rising oil prices and a relative improvement of the economic situation in Mexico. At the same time, the Mexican government didn't impact the MXN value. As a result, in December the inflation rate increased to 6.77% which is the highest level for the last 17 years. This has been achieved mainly due to the weakening of the Mexican peso.

  More information see here

  

• Dmitry.l

  11 Jan 18, 22:23

  USD/CAD Technical Analysis

  
  

  Yesterday, the US announced that in the near future they could withdraw from the NAFTA agreement and against this background the Canadian dollar fell under the sell-off against other currencies. Oil prices yesterday also stopped their upcoming rally and entered a corridor, which may well indicate the completion of the upward momentum.

  More information see here

   

   

  

  
  
• Dmitry.l

  12 Jan 18, 23:56

  What to Expect in 2018

  A look at what this year might have in store for some of the most popular currencies.

  2018 is here and so are some of the first report from Europe, Asia, and North America. With this mind, we thought it might be helpful to look at some general expectations that experts have for this year in terms of the financial markets: what’s going to grow, what would decline, and all that good stuff.

  More information see here

   

  
  

• Dmitry.l

  15 Jan 18, 22:14

  USD/CAD Technical Analysis

  
  

  For seven months we have seen a rise in the prices for petroleum. As of now prices have already reached three-year highs. At the moment the Brent crude oil prices have approached $70 per barrel and the bullish movement is in no hurry to weaken.

  More information see here

   

  

  
  
• Dmitry.l

  16 Jan 18, 22:09

  AUD/USD Technical Analysis

  
  

  Today, after the weekend and the celebration of Martin Luther King's Day, the US is returning to the market and we can expect an increase in the volume of trading, as well as increasing volatility in the markets. By the start of the trading day, after a prolonged fall, the dollar index won back 0.22% and we can expect that by the beginning of the American session.

  More information see here