21-07-2016

Today the key currency pair AUD/USD trades on negative area. Currently, the pair trades near the level of 0.7471 by losing 0.01%.

30-05-2016

On Friday, the EUR/USD pair fell to the mark of 1.11 after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the US could be around the corner.

27-04-2016

On Wednesday, 27th of April the Australian dollar tumbled more than 1.7% after releasing surprisingly soft local inflation data.

18-04-2016

US Crude Oil

On Monday, US Crude oil plunged below the key mark of $40 as output talks in Doha between the world’s biggest oil producers ended without any agreement on limiting supplies.

14-04-2016

On Thursday, 14th of April the key currency pair EUR/USD fallen below the level of 1.1250 as an improvement in global sentiment led investors to trim bearish dollar positions. Currently, the EUR/USD pair trades near to the mark of 1.126 by losing 0.1%.

06-04-2016

EURUSD

The EURUSD pair closed on Tuesday, 5th of April 2016, at 1.13834. A breakout above daily pivot which is 1.13743 will technically lead us to R1 = 1.14008, and later to R2 = 1.14172. Overextension of price will lead us to R3, which is 1.14436. A breakout below daily pivot which is 1.13743 will technically lead us to S1 = 1.13479 and later to S2 = 1.13315. Overextension of price will lead us to S3, which is 1.13050. Exponential moving average of 21 periods indicates a bullish price movement.

30-03-2016

EURUSD

The EURUSD pair closed Tuesday, 29th of March 2016, at 1.12889. A breakout above daily pivot which is 1.12543 will technically lead us to R1 = 1.13057, and later to R2 = 1.13374. Overextension of price will lead us to R3, which is 1.13888. A breakout below daily pivot which is 1.12543 will technically lead us to S1 = 1.12029 and later to S2 = 1.11712. Overextension of price will lead us to S3, which is 1.11198. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

18-03-2016

EURUSD

The EURUSD pair closed Wednesday, 16th of March 2016, at 1.12156. A breakout above daily pivot which is 1.11708 will technically lead us to R1 = 1.12413, and later to R2 = 1.12848. Overextension of price will lead us to R3, which is 1.15110. A breakout below daily pivot which is 1.11708 will technically lead us to S1 = 1.11002 and later to S2 = 1.10567. Overextension of price will lead us to S3, which is 1.09862. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

09-12-2015

On Wednesday the 16th of December, it is a near certainty that the US Federal Reserve will raise interest rates for the first time in over 9 years. And currently, the Dollar has begun coming down even with a certain rate hike looming. Why is this?

01-12-2015
This first week of December is likely the busiest week of the year for Forex traders, as there are about 20 economic events ahead, all ranging from high to very high importance.

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