19 November, 2017 by Aayush Jindal in Economic News
Traders (especially news traders) can find timely information about future events and news announcements organised by date/time, country and impact (previous and potential). The Economic Calendar provided below updates in real time.
You can filter news events by expected impact and effected currency using the checkbox to the right side of the calendar. Select the currencies...
18 June, 2019 by Aayush Jindal in Market Analysis
The British Pound declined further below the
1.2570 support against the US Dollar. GBP/USD could struggle to recover above 1.2570
and 1.2600 resistance levels.The NY Empire State Manufacturing Index declined
sharply from 17.8 to -8.6 in June 2019.The Euro Zone CPI in May 2019 could increase
0.2% (MoM), less than the last +0.7%.
GBPUSD Technical Analysis
17 June, 2019 by Aayush Jindal in Market Analysis
The Euro failed to gain momentum above 1.1350
and trimmed most gains against the US Dollar. EUR/USD traded below a connecting bullish trend
line with support near 1.1280 on the 4-hours chart.The US Industrial Production in May 2019
increased 0.4% (MoM), more than the +0.2% forecast.The NY Empire State Manufacturing Index in June
2019 could decline from 17.80 ...
16 June, 2019 by Paula Rodriguez in Forex Lifestyle
Throughout a busy week of trading, stay alert and fully focused by practicing good sleeping habits. With a forex market that is open 24 hours a day 5 days a week, traders have plenty of opportunities to open and close a trade. Within this weekly timeframe, one of the best ways to stay sharp and productive is by ensuring quality rest.
When you become a forex trader, you hav...
14 June, 2019 by Aayush Jindal in Market Analysis
The US Dollar found support near 107.80 and
recovered recently against the Japanese Yen. A key bearish trend line is forming with
resistance near 108.85 on the 4-hours chart of USD/JPY.The US Initial Jobless Claims for the week
ending June 08, 2019 increased from 219K to 222K.The US Retail Sales in May 2019 could increase
0.6% (MoM), better than the last -0.2...
13 June, 2019 by Aayush Jindal in Market Analysis
The Aussie Dollar declined sharply below the
0.6980 support level against the US Dollar. AUD/USD traded below a major bullish trend line
with support at 0.6955 on the 4-hours chart.Australia’s unemployment rate remained at 5.2%
in May 2019, whereas the market was looking for a drop to 5.1%.The US Initial Jobless Claims for the week
ending June 08, 2019 coul...
12 June, 2019 by Aayush Jindal in Market Analysis
The US Dollar declined heavily below the 1.3400
support area against the Canadian Dollar. USD/CAD is likely to face resistance near the
1.3330 and 1.3350 levels.The US PPI in May 2019 increased 1.8% (YoY),
less than the +2.0% forecast.The US CPI in May 2019 could increase 0.1%
(MoM), less than the last +0.3%.
USDCAD Technical Analysis
In the past few da...
11 June, 2019 by Aayush Jindal in Market Analysis
The British Pound found support near 1.2560 and
rebounded recently against the US Dollar. GBP/USD broke a major bearish trend line with
resistance at 1.2675 on the 4-hours chart.The UK Industrial Production in April 2019
declined 2.7%, whereas the forecast was +0.1%.The UK Claimant Count in May 2019 could change
22.9K, less than the last 24.7K.
10 June, 2019 by Aayush Jindal in Market Analysis
The Euro started a steady rise above the 1.1250
resistance against the US Dollar. EUR/USD is currently placed above 1.1300 and it
could surpass 1.1350.The US nonfarm payrolls in May 2019 came in at
75K, less than the 185K forecast.The Euro Zone Sentix Investor Confidence in June
2019 could decline from 5.3 to 1.4.
EURUSD Technical Analysis
This past wee...
09 June, 2019 by Paula Rodriguez in Forex Lifestyle
To achieve your forex trading goals, learn the best ways you can become a more calm and zen trader. In a quick-paced forex market, you need to achieve a state of mind that is in the moment, controlled and committed. By applying zen into your trading lifestyle, you can build a way of thinking that is more mindful and self-aware. It can prepare you to take on the different scena...
07 June, 2019 by Aayush Jindal in Market Analysis
The US Dollar declined heavily and settled below
the key 109.00 support against the Japanese Yen. If USD/JPY corrects higher, it is likely to face
a strong resistance near 108.80 and 109.00.The US Initial Jobless Claims for the week
ending June 01, 2019 remained stable at 218K.The US nonfarm payrolls in May 2019 could rise
185K, less than the last 263K.