USDJPY Testing Channel Support
The USDJPY pair is under pressure towards the 111.00 support level on Friday, as traders move into the safety of the Japanese yen currency. The USDJPY pair is currently testing major trendline support from a rising price channel on the...
EURUSD Awaiting US Job Report
The euro currency has remained under downside pressure against the US dollar during the European trading session, with the pair now awaiting the US monthly job report. Bearish intraday selling pressure should continue while price trades below the neckline of...
GBP/USD Outook: Bears Are Taking A Breather Ahead Of Probe Through 30SMA And Attack At Key 200SMA Support
Cable consolidates above strong supports at 1.3050 zone (converged 20/30SMA’s) approached on Thursday’s bearish acceleration through pivotal 1.3129 Fibo support (38.2% of 1.2772/1.3349 rally) that resulted in daily fall of 0.65%. Sterling was pulled lower by Euro’s weakness and Brexit...
Yen Rally Accelerates as Shocking China Export Contraction Adds to ECB Misery
The impact of dovish ECB quickly spread to the whole world. Following weakness in the US and Europe, Asian stocks tumble broadly today. Adding to the misery, China’s February trade data were shockingly terrible, recording -20.7% yoy contraction in exports....
Silver: White Metal Reverses Its Losses In The Morning Session
For the 24 hours to 23:00 GMT, Silver declined 0.33% against the USD and closed at USD15.05 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.06, with silver trading 0.10%...
Crude Oil: Oil Trading Lower, Ahead Of Baker Hughes Weekly Rig Count Data
For the 24 hours to 23:00 GMT, Crude Oil rose 0.48% against the USD and closed at USD56.45 per barrel, after OPEC’s output declined by 60,000 barrels a day to 30.8 million barrels a day, marking its four-year low level...
Elliott Wave View: EURUSD Breaks Down After ECB Meeting, What’s Next?
In today’s meeting, the ECB (European Central Bank) has downgraded their economic growth and inflation forecast. In addition, it has announced a fresh stimulus in the form of TLTRO (Targeted Longer-Term Refinancing Operations). This is basically a long term loan...
Stocks making the biggest moves after hours: Costco, Eventbrite and more
Check out the companies making headlines after the bell: Shares of Costco jumped more than 4 percent in extended trading Thursday following the release of the company’s mixed second-quarter earnings. The retail company posted earnings of $2.01 per share on...
February’s jobs report should show whether there’s anything to really fear about economy
February’s employment report is expected to show strong job and wage growth, and could signal that the economy’s slower growth in the first quarter is just a speed bump rather than a sign of trouble. The economy was expected to...
ECB Review: A Postcard from Japan
Today, the ECB surprised us by announcing a series of TLTRO3 starting in September 2019 and continuing until March 2021, each with a two-year maturity. The ECB further extended the rate forward guidance to rates remaining at present levels ‘at...
Signal2forex.com - Best Forex robots and signals




