Yen Selloff Accelerates, Dollar at Critical Juncture
The markets are now in full risk-seeking mode. DOW jumped 0.95% to record high at 26656.98 overnight. S&P also made new record at 2930.75, up 0.78%. The sentiments carried forward to Asian session with Nikkei up 1.13%, Hong Kong HSI...
European stocks open higher as trade fears ease; Smiths Group falls 9%
European stocks opened higher Thursday as investors shrugged off worries over the U.S.-China trade dispute. The pan-European Stoxx 600 edged up 0.4 percent, with all sectors in positive territory. Among the bourses, Italy’s FTSE MIB led the upward charge, over...
USD/JPY Reaches Key 88.6% Fibonacci Decision Zone
The USDJPY stayed in the bullish channel and broke above the resistance trend line (dotted orange) and the 78.6% Fibonacci retracement level for a continuation higher. The price is now approaching the next key decision zone, which is the 88.6%...
EUR/USD Bullish Breakout Above Critical 1.1730 Resistance Zone
The EUR/USD broke above the key resistance zone (dotted red) and is showing the start of bullish momentum. There could space available for a bullish continuation towards the 100%Fibonacci target at 1.1958, if price manages to stay above the broken...
Japan’s PMI Rise – We Expect Euro Area To Follow Suit
Market movers today Today is PMI day. In the overnight session we got Japanese PMI, which came in at 52.9 and later today both US and euro area PMI are due. After starting the year on a declining trend, we...
Euro-Zone’s Consumer Confidence Rased To A 15-Month Low Level In September
For the 24 hours to 23:00 GMT, the EUR rose 0.93% against the USD and closed at 1.1779. On the data front, Euro-zone’s preliminary consumer confidence index slid to a level of -2.9 in September, marking its lowest level in...
Signal2forex.com - Best Forex robots and signals




