News

Daily Strategy - 3-weeks downtrend of EURUSD end and may go up this week
Posted by Admin on Monday, 14 May 2018

EURUSD (1.1953) Trend: Neutral/Upward Support/Resistance: 1.1825 - 1.2050 The potential of the Dollar gains are on the way to end. The Dollar gained against the Euro for 3-weeks about 550 pips. The downtrend end on Wednesday and turned into neutral. This week the focus is over the inflation in the Euro Zone with report on Wednesday that may send a signal whether ECB will hike the key interest rates soon. For the Euro Zone the most important events comes on Tuesday GDP in Germany and Europe. It is not expecting so positive report that started to generate in EURUSD exchange rate already and may continue few days more. In United States the Retail Sales may also send negative signal to the Dollar. According to the above information and follow the technical signals World-Signals.com trading strategy is to keep open long positions for the first part of the week. In the second half of the week we will continue with the long positions or will start with trading in neutral direction with positions with 30-40 pips profit.

Daily Strategy - The positive news for the Dollar continue
Posted by Admin on Monday, 07 May 2018

EURUSD (1.1945) Trend: Neutral/Downward Support/Resistance: 1.1830 - 1.2070 The U.S. Unemployment rate down to a new record low level of 3.9% from 4.1% last month. Non-farm payroll report was positive since month of March but not so much as the expectations. Nevertheless the key Friday's report was positive together with the interest rates divergence with Euro Zone push the Dollar to make new gains. This week the most important event is U.S. CPI report on Thursday but is not expecting surprises. World-Signals.com trading strategy with the start of the new business week is to wait for a temporary EURUSD correction up and then to open short positions.

Daily Strategy - Interest rates on focus and ECB to keep it unchanged this week
Posted by Admin on Monday, 23 April 2018

EURUSD (1.2271) Trend: Neutral/Downward Support/Resistance: 1.2215 - 1.2350 This week the most important event is ECB Interest rates decision. It is widely expecting ECB to leave the interest rates unchanged. ECB probably will focus as a main reason to leave the interest rates at the current level of 0.00% the low inflation. The decision about interest rates in the Euro Zone is schedule for Thursday at 11:45 GMT. On Monday there are many fundamental events from Euro Zone but the focus of these events probably will be temporary within 30-60 minutes. The Dollar will continue to gain new pips against the Euro. The interest rates in United States will continue to rise while ECB will keep at the same level probably at least till the mid of the year. World-Signals.com trading strategy for today is to open short position at levels of about 1.2320 and gain 30-40 pips or hold for the week for higher gains.

Daily Strategy - Geopolitics instead Fundamental for the Forex trading forecasts
Posted by Admin on Monday, 16 April 2018

EURUSD (1.2330) Trend: Neutral Support/Resistance: 1.2215 - 1.2395 Retail Sales is on focus today as we expect positive report. Also expect today Empire Manufacturing, Business Inventories and Net Long-Term TIC Flows. The expecting new sanctions against Russia and the escalating conflict in Syria may soon influence over the Dollar therefore we will focus over the geopolitics that may start leading for the Forex markets. As overall already two months Euro/Dollar is in consolidation process in the levels of 1.2150 and 1.25. The Dollar may make small gains against the Euro to levels of 1.22 in the next few days. World-Signals.com trading strategy for today is to trade into neutral direction and try to open short positions with gains of 25-40 pips.

Daily Strategy - EURUSD trading strategy for the next few days
Posted by Admin on Monday, 09 April 2018

EURUSD (1.2277) Trend: Neutral Support/Resistance: 1.2215 - 1.2360 The events that will move the forex market are the continue trade war between United States and China. Also the effect of U.S. Nonfarm payroll will take a place at the beginning of the week. The Dollar lost about 50-60 pips after the Friday's key report and may lose still more pips at the beginning of the week. As overall the trend of EURUSD is downtrend but with big chance to stop and turn into neutral and upward this week. World-Signals.com trading strategy for today is to try open long positions close to the support level of 1.2215 and up to 1.2240 and hold during the next few days.

Daily Strategy - Trade war USA - China on focus
Posted by Admin on Tuesday, 03 April 2018

EURUSD (1.2304) Trend: Neutral Support/Resistance: 1.2240 - 1.2360 The most important news that will move the Dollar is the starting trade war between United States and China and the effect over the economy. If the United States duty helps to economic growth the effect probably will be temporary within couple of months. The Dollar may growth during these months against the major currencies. The day after The Eastern the Dollar is flat into neutral direction against the Euro. But this week is the important Non-farm payroll report on Friday. World-Signals.com trading strategy today is to trade into neutral direction with chance to open short positions from levels above 1.2335/40.

Daily Strategy - EURUSD after Fed decision and new directions
Posted by Admin on Monday, 26 March 2018

EURUSD (1.2371) Trend: Neutral Support/Resistance: 1.2240 - 1.2415 The major news from the last week will continue to influence over the forex trading. The Federal Reserve changes the key interest rates with 25 bps up to 1.75% and the big difference with the Euro Zone will stop the fall of the Dollar fast. World-Signals.com trading strategy for today is to trade into neutral direction during the European session and open long position during the U.S. session. We will try to open long position if EURUSD fall to level of 1.2335-40 and then with target of 35-40 pips.

Daily Strategy - On focus FOMC Rate Decision tomorrow
Posted by Admin on Tuesday, 20 March 2018

EURUSD (1.2339) Trend: Neutral Support/Resistance: 1.2260 - 1.2415 The biggest event come not today but tomorrow on Wednesday but is widely dominate over the forex market. It is FOMC Rate Decision as is expecting Fed to hike Interest rates with 25 bps. It is expecting the key Interest rates to up to 1.75% from the current 1.50%. For today is possible temporary recovery of the Dollar. The recovery may continue as the Interest rates in United States rises while ECB Interest rates are at 0.0% and may stay for longer time. World-Signals.com trading strategy for today is to use the key support at 1.2260. Use this level as Stop and higher level to open long positions with a profit 25-35 pips today.