EURUSD to test the record levels since the beginning of January 2021 at 1.2349. The test of the highest level this year and at all since April 2018 is on the way to happen next week. Few hours earlier we saw very good economic news for the United States but nevertheless these news did not support the Dollar. The positive report for Durable Goods orders from 1.2%...
EURUSD hit the top of 1.2169 as this level was a signal for the selling process. The Dollar recovered from the high of 1.2169 a level reached on January 26th 2021. The recovery is already generated of 70 pips. The tendency for continued recovery remains for the next couple of hours. The fundamental focus comes for tomorrow the key data for the U.S. Retail Sales...
Trading Strategy for EURUSD ahead of U.S. Holiday on Monday. There remains little more than 24-hours to complete this week's trading. EURUSD in this second week of February is currently trading at about +90 pips from the start of the week. The lossing process of the Dollar continues. In the next trading hours EURUSD may make some recovery based on technical...
The new business week started sluggish in the first part of Monday. There is not a clear direction and as overall the trading EURUSD is into neutral direction. The trading level (EURUSD) below 1.20 is a very good entry for many investors to buy Euros. Until the end of the day and tomorrow (Tuesday) there are no important fundamental events in the United States and...
The Dollar has no power and potential to recover after the losses against the Euro in the last few months. EURUSD was trading in the range of 1.17-1.18 in September-October 2020. The Dollar lost over 450 pips against the Euro as the following recovery of 250 pips. EURUSD is trading at about and below 1.2100 but finds strong support at 1.2060-1.2070. In the next...
The Swiss Franc remains one of the most strong currencies. The Franc is currently trading at USDCHF 0.8878. To get the best trading performance, open a short position and expect your profit till the end of the week. The expected trading level for profit is at the range of 0.8780 - 0.8805.
Political events will move the market as Inauguration on Wednesday. This flat market today Monday January 18th (U.S. Holiday - Martin Luther King Jr. Day) will not be the same on January 20th when is Inauguration Day in Washington. What will follow on this day we can see but the markets may boom in very unexpected events. We prepare some scenarios as almost all...
The minimal chance of Donald Trump to save the president post is the reason for last movements on the markets. The chance is too minimal but it was a reason EURUSD to keep below 1.23 in the first two business days of 2021. On 6th January 2021 is the last key day and final decision for election of U.S. president. After the event tomorrow EURUSD may jump over 1.24...
In the week of holidays the market is very dynamic. The key fundamental and geopolitical news comes one after another. The extended travel bans in Europe due to the new virus strain in the United Kingdom is one of the factors but the end date of Brexit is the other factor to influence the dynamic of the markets. The new U.S. stimul deal of $900 billion supports...
If you follow our forecasts about EURUSD from November 30th you know that the Dollar will lose ground. The main akcent in the forecast was the confirmation of Biden winning the election may push the Dollar to levels of EURUSD 1.25. The forecast is in progress as World-Signals confirms that the target of 1.2450-1.2500 at the end of December is possible. For the...
Since the start of November 2nd the first business day of the month the dollar is in losing position. On the first business day of the month EURUSD was trading at 1.1630. For one full month the dollar loses 350 pips. It is slowly moving but constantly as today in the last day of November EURUSD is trading at 1.1982. Next month we are expecting confirmation from...
The Bitcoin rally is on a step to make a new record from the last record of $19270 since December 2017. It is sure that in the next couple of weeks Bitcoin will set a new record above the last one since December 2017. The reasons are couple one is the corona crisis that makes the virtual payments attractive and prefer than rest other methods. Also many companies,...
The news for the positive results from vaccine testing is like a trampling for the markets. The U.S. Market jumps to an absolutely records. Dow Jones reached to 30097 the first time over 30 000 ever. At the same time S&P 500 hit 3674 also first time record. The optimism push the Oil price (WTI) back to levels above $41 while at the same time the Gold down over...
Oil price down and continue into down direction. The Oil price follows our expectation into down direction. The lockdown in Europe is the major factor for the falling oil price. World-Signals in the forecast from October 26th predicted this scenario with target of oil price (US Oil) at $34-$35. If you are following our free forecasts hold this short position...
The financial markets do not calculate the markets in Europe. Almost all countries in the Euro Zone ban many actions due to the corona virus. At the same time the oil prices remain at the same level. The reason is that the locomotive of the world industry is South-East Asia. The situation in this part of the world with the corona virus is normal and the economy is...
The current trading level of EURUSD is at 1.1747 and is on the way to back to 1.18. We expects to see level of 1.1800/10 today or latest tomorrow morning in Asian session.
Our last Gold target from September 3rd is reached with a good profit of about $30 per ounce. The big movements in upward direction are ended already from the beginning of August 2020. The investors are not willing to bet to Gold and the price may stay at the current levels till December. The movements are possible in the range between $1860/85 and $1970....
In the mid of the week the trend is changed. EURUSD downward movement is over. It is time to sell Dollars and bet to Euro in the next days till the end of this week and the first half of next week. EURUSD in August and the first days of September is trading in the levels between 1.17 - 1.20. Our trading idea is to open long position from the current levels...