DailyForex

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  1. Forex Week in Review October 20 2014
    Investing

    Forex Week in Review October 20 2014

    By: DailyForex.com Last week again saw all the world’s major stock markets losing ground on continuing fears of a global economic slowdown with the one exception of the Dax which managed to rise. In Europe ...
  2. WTI Crude Oil Struggles at $84
    Investing

    WTI Crude Oil Struggles at $84

    By: DailyForex.com The WTI Crude Oil markets have been ruthlessly sold off over the last couple of months. That in itself isn’t anything new or newsworthy, but the fact that the bounce could produce anything ...
  3. EUR/USD Fails at 1.28
    Investing

    EUR/USD Fails at 1.28

    By: DailyForex.com The EUR/USD pair has recently tried to gain strength after falling all the way down to the 1.25 handle. However, the market could not keep any of the gains above the one point to a level, ...
  4. USD/JPY Showing Strength Again
    Investing

    USD/JPY Showing Strength Again

    By: DailyForex.com The USD/JPY pair broke higher during the course of the session on Friday, clearing the top of the hammer that informed on Thursday. What is most important as far as I can see on this ...
  5. AUD/USD Fails at the 0.88 Level
    Investing

    AUD/USD Fails at the 0.88 Level

    By: DailyForex.com The AUD/USD pair failed at the 0.88 level on Friday again, and this only in my opinion strengthens the idea of the Australian dollar continuing to lose strength. On top of that, you ...
  6. USD/CAD Find Support at the 1.12 Level
    Investing

    USD/CAD Find Support at the 1.12 Level

    By: DailyForex.com The USD/CAD pair tends to be rather choppy in general, and the most recent action certainly will do nothing to dissuade traders from thinking so. When you look at the weekly charts, ...
  7. Gold Consolidates in Narrow Range
    Investing

    Gold Consolidates in Narrow Range

    By: DailyForex.com Gold weakened against the American dollar on the back of upbeat U.S. economic data. According to the latest figures released by the Federal Reserve, industrial production advanced 1% ...
  8. EUR/USD Shows Signs of Strength
    Investing

    EUR/USD Shows Signs of Strength

    By: DailyForex.com The EUR/USD pair initially fell during the session on Thursday, as the market reenter the previous consolidation area. The fact that we fell below the 1.28 level of course was a fairly ...
  9. AUD/USD Forms Nice-Looking Hammer
    Investing

    AUD/USD Forms Nice-Looking Hammer

    By: DailyForex.com The AUD/USD pair fell during the session initially on Thursday, but found enough support below to turn things back around and form a nice-looking hammer. This hammer of course suggests ...
  10. Weak U.S. Data Pushes Gold Higher
    Investing

    Weak U.S. Data Pushes Gold Higher

    The XAU/USD pair (Gold vs. the American dollar) had a positive day as disappointing U.S. economic data and continued volatility in the global equities markets increased desire for safe haven diversification. ...
  11. Gold Fails to Break Through $1240
    Investing

    Gold Fails to Break Through $1240

    By: DailyForex.com Gold gave up some of its recent gains against the American dollar during Tuesday's session as the bulls failed to overcome the resistance around the $1240 level. Today the gold market ...
  12. USD/JPY Looking Well Supported at 107
    Investing

    USD/JPY Looking Well Supported at 107

    By: DailyForex.com The USD/JPY pair fell again during the session initially on Tuesday, but bounced in order to form a hammer for the second day in a row. This supports seems to be focused on the 107 level, ...
  13. AUD/USD Continues to Look Very Bearish
    Investing

    AUD/USD Continues to Look Very Bearish

    By: DailyForex.com During the session on Tuesday, the Australian dollar fell again. However, at this point in time it appears that the market is ready to consolidate, at least in the short-term. The overall ...
  14. USD/CAD Breaks Out
    Investing

    USD/CAD Breaks Out

    By: DailyForex.com As I mentioned yesterday, the USD/CAD pair is trying to break out. During the Tuesday session though, we did in fact see that happen. Broke out and touch to the 1.13 level, an area that ...
  15. USD/JPY Forex Signal
    Investing

    USD/JPY Forex Signal

    By: DailyForex.com USD/JPY Signal Update Yesterday’s signal expired without being triggered as the price never hit 108.00. Today’s USD/JPY Signal Risk 0.75% Entries may only be made today until 5pm New ...
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