Macron closes to win French elections help to the euro
Posted by Admin on Monday, 24 April 2017
The Euro gains at the start of the new week after the news that Marine Le Pen won the second position at French vote but without chances to became the new French president. The French election is the factor that moves the forex market and the Euro will continue gains against the dollar till Friday end of trading. It is widely expecting Emmanuel Macron to win the elections in France.
The trading strategy of World-Signals.com this week is to open long EURUSD positions at technical corrections with target above 1.09.
Also you can focus over the ECB Interest rates decisions on Thursday but it is not expecting changes of the current interest rates level.
The dollar may lose about 100 pips ahead Nonfarm payrolls report
Posted by Admin on Monday, 03 April 2017
This week the most important news is far in the last business day of the week. The Unemployment report and NonFarm Payrolls are on focus. It is expecting worse results than a prior week. Nevertheless the dollar gains in the last 4 days by last week and stop the gains today.
The current support level is at 1.0595 while we found resistance at 1.0730.
World-Signals.com trading strategy this week is to open long EURUSD position with target above 1.0730 close to 1.08 level when is possible turn down at current levels.
EURUSD trading closing Fed interest rates hike and France elections
Posted by Admin on Monday, 13 March 2017
It is started a very dynamic week for the forex market according to World-Signals.com. Undoubtedly the main focus this week is on Wednesday Fed interest rates decision. It is widely expecting Fed to hike the interest rates with 25 bps to 1.00% but the signals after that may push the market into new trend. Currently the EURUSD consolidate at levels of 1.06.
Almost all economic news from United States in the last couple of months is positive but that do not allow the dollar to gain.
On the other side of the Atlantic in the second economic in Euro Zone France is close to very important elections that may change anything. The France elections are on April 23rd and probably second tour one week later.
For EURUSD the first support is formed at 1.0495 while we see resistance at 1.0715 and 1.0830.
World-Signals.com trading strategy this week is trading within the support/resistance levels as the effect of Fed interest rates hike is already generated by the market.
Again support for the dollar in the coming week
Posted by Admin on Sunday, 19 February 2017
The Euro takes advantage against the Euro for two days only in serial of almost 7 losing days.
Better than expected data for United States support the gains of the dollar. Meanwhile in the Euro Zone day after day the fears about the economic rises.
One of the key supports for the dollar comes by the Fed Chairman Janet Yellen who hints that on the next Fed meeting in March is possible hike of the Interest rates.
The major support level is formed at 1.0580 followed by 1.0520. The resistance is formed at levels of 1.0670.
On Monday is a holiday in United States for the President's Day so we expect flat market as overall while during the week the dollar may gain below 1.0520.
World-Signals.com trading strategy is to keep or open short positions at levels above 1.0640 and target 1.0520 and below.
The first steps of Donald Trump on focus for the investors
Posted by Admin on Sunday, 22 January 2017
The forex market in the next couple of days expects the first steps of the new president of United States. As overall the steps of Donald Trump is to restart the U.S. economy and cut the unemployment. If he executes his words in action the dollar probably very fast will go to parity with the euro.
The fundamental news may not influence so much this week over the forex trading. World-Signals.com trading idea this week after 4 losing weeks for the dollar is stop of the process and slowly recovery of the dollar. Although that the trend remains bullish at the mid of the week we expect that end. World-Signals.com recommend using the moment to close any long positions and change into short.
World-Signals.com forecasts for Year 2017
Posted by Admin on Sunday, 18 December 2016
What will happen in 2017 and our forecasts in this article.
In the forex market the forecasts for EUR/USD is to reach levels of 0.90. The Euro weakness continue in 2017 due too serious budget problems in the Euro Zone also interest rates divergence.
The Pound to cut the half of the losses against the dollar in 2017 and became more attractive currency.
Crude Oil slowly will recover to $65 for a barrel (New York) as the trading range is $42 - $65.
The war in Syria will end in 2017 but in Iraq the war will continue together with new escalating of the conflict in Libya.
A bad year for Europe we expecting where there are two scenarios in 2017-2018. The most negative expectations are the start of civil war in Western Europe. The other way is Western Europe to start cooperating with the Russian Federation and end of the sanctions.
After Brexit other countries will try to leave European Union as higher chance to see for France and Italy.
Holiday presents - Service time for free
Posted by Admin on Wednesday, 14 December 2016
World-Signals make holiday presents for all customers. 1-month free service for each 3-months registration, 2-months free service for 6-months registration and so on. Also if you use 1-month registration you will receive 1-week free extra time. These offers are valid for all World-Signals.com services from today till January 10th of January 2017!
Crude Oil trading strategy in the next couple of days
Posted by Admin on Tuesday, 06 December 2016
Crude Oil price recovery may end in the next couple of days. World-Signals.com expects to see technical correction down below $48.00. The Crude Oil price jumped from $45 in New York to $51 after OPEC members agreed to cut by 1.2 million barrels per day. But there is strong resistance at levels above $52. World-Signals.com trading strategy is to sell Crude oil at the levels at $51.00-$51.35 with target $48.00.