At the closure of the Asian trading session the currency pair is seen with price decrease. The market has formed a strong downtrend. In the short time period the next target is support at 0.7372 and further 0.7354 and 0.7336. Trend indicators and oscillators are predicting a further decline of th...
The currency pair is seen between next levels of support and resistance at 133.13 and 135.31. Today the trand is characterized by a slightly bearish sentiment. The market is trying to overcome the level of support with a further target at 132.80 and then at 132.46. In the medium- and long-term pe...
On last trading session the market has tested the near-term support at 122.18 and bounced at 122.92. Then the market keep testing same level of support and formed a bullish candle at the end of the session. This involves climbing this market further to 123.88 and even to 124.62. http://www.newforex
Bears much pushed the market. Price during yesterday’s trading session fell to 1.0993. This is a strong support level. Now the market is back to the nearest resistance level at 1.1036. The market still has a bearish sentiment. Thus, trades to bay will be a bit risky. The risk for a long trades ...
The Sterling has strong is much related to European currency. Thus, investors interest in Stirling has increased under the influence of the Greek factor in the European economy. On yesterday’s trades we could see the market bounce off resistance at 1.5627. Now under the pressure of bears price ...
The bullish advantage is clearly felt at the trades. The market has been testing near-term resistance at 0.9471. It moves up to 0.9548. If the market will rebound, we expect to see a price at 0.9416. In this case, the market is expected new attempts of the bulls to turn the advantage in short ran...
Technical analysis is considered as a universally acknowledged approach to study the financial market processes in order to provide a very precise, as far as it is possible, forecasting of the currency movement. Making a technical analysis a trader usually relies on the fact that the financial mark
NewForex offers clients low fixed spreads on all financial instruments. Thus, you can be sure that the spread volume will not change under the influence of various economic news.
Trades of this pair have a slight bearish sentiment within the levels of support and resistance at 1.5548 and 1.5624, respectively. However, it might be just a temporary market pullback. Judging by the bearish candle formed in the first part of the trades today it might be assumed that the market...
Dear NewForex clients! Please, note the following changes in the trading schedule on July 3, 2015. Due to the celebration of the US Independence Day trades for metals will be closed at 13:30 GTM today. Trades for CDF contracts are not held today. http://www.newforex.com/assets/images/news//0307201
During the trading session on July 3rd the currency pair bounded upwards from yesterday’s low at 1.1031 and the market aims for testing the nearest level of support at 1.1147. If it is successfully breached, we can observe trading above 1.1221 USD for the euro. According to a 3, 7 and 25-day mo...
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Forex News from New Forex: Alexis Tsipras accepts the conditions of the European commission In the trading on Wednesday, July 1, the euro continues to decline against the basic currencies, the default threatening Greece pushes the euro down. The International Monetary Fund confirmed that the Greek
During the Asian trading session the currency instrument streamed slightly back from the nearest level of resistance at 0.7657 and it keeps its downward trend intending to test again a strong level of support at 0.7597. It is highly unlikely that this level will be breached, consequently, the mos...
A trade dynamics of this currency pair has been demonstrating a decline of the pound and strengthening of the US dollar since last month. This week is not an exception. Today the pair has been trading with some priority of bears, the market is directed towards the level of support at 1.5528. The ...
The current week is not very successful for gold. Its price has been sliding for the fourth trading session in a row approaching the nearest level of support at 1162 USD per troy ounce. If this level is breached successfully, then the price might slump to 1146 and then probably further to 1142. A...
The majority of traders-beginners quite often can not understand the difference between Forex and the futures market. This fact can lead to the wrong choice of the further trading platform. That is why before commencing your own financial activity and trading it is worth finding out the differenc...
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