We would like to invite our clients and all those who want to keep their finger on the pulse of the financial world to watch an exciting debate on 24 October 2018, conducted by some of the most acknowledged Italian market experts. Sponsored by the reputable global financial portal Investing.com, the live broadcast can be […]
The data released by the end of the North American session on Friday, as well as the presentation of the representative of the US Federal Reserve Williams, did not lead to a serious change in bullish or bearish sentiment. However, the market remains on the side of dollar buyers, as a number of investors after […]
It’s time for the midday snapshot where we assess the performance of traders until 12PM GMT this Monday. First up we look at the EUR/USD where a drop of 65 pips sees the pair point 40% in the red at midday. Trading has been average in terms of volume and sentiment is neutral. A good […]
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication […]
Here are the latest developments in global markets: FOREX: With Japan being shut for the Health and Sports public day and risk-off sentiment strengthening amid trade uncertainties and political noises in the Eurozone, the Japanese yen managed to rebound, sending dollar/yen straight down to a 1 ½ -week low of 113.33 (-0.33%). Yesterday, the People’s Bank […]
Trading recommendations: According to the H1 time frame, I found potential end of the downward correction (expanded flat), which is a sign that selling looks risky. I also found the breakout of supply trendline, which is another sign of the strength. My advice is to watch for buying opportunities. The upward targets are set at […]
Recently, the GBP/JPY pair has been trading downwards. The price tested the level of 147.70. According to the H1 time – frame, I have found the breakout of the support trendline in the background, which is a sign that sellers are in control. I also found potential creation of C wave (from ABC flat), which […]
Recently, Gold has been trading downwards. The price tested the level of $1,193.00. According to the H1 time – frame, I have found that end of the upward correction (irregular type 2), which is sign that buying looks risky. I have also found a hidden bearish divergence on the MACD oscillator in the background, which […]
USD/JPY has been quite impulsive with the bearish recently after having an impulsive non-volatile bullish momentum pushing the price above 113.00 area with the daily close. Having mixed economic reports, USD is currently struggling against JPY which is expected to have short-term pullbacks along the way. Due to observance of Health-Sports day, today JPY does […]
Overview: The USD/CAD pair has broken resistance at the level of 1.3003, which acts as support now. So, the pair has already formed a minor support at 1.3003. The strong support is seen at the level of 1.3003, because it represents the weekly pivot. In the H1 time frame, the RSI and the moving average […]
Hello, traders, it is the end of the week and time for the last spike controller brought to you by the Dukascopy TV team. we begin with the euro-dollar pair it has a daily average spread of point 36 pips and a maximum spread of point 9 pips. the pair has fallen by almost half […]
EUR/USD has been quite impulsive amid the bearish momentum that led the price to reside below 1.1500 currently. USD has been quite impulsive with the gains despite mixed nonfarm payrolls on Friday. Since Friday, EUR/USD has been quite indecisive, closing the previous impulsive bearish week. However, today the bearish pressure seemed to have continued again […]
Overview: The EUR/USD pair continues to trade downwards from the zone of 1.1620 and 1.1559. The pair dropped from the level of 1.1620 to 1.1500 which coincides with a ratio of 38.2% Fibonacci on the daily chart. Today, resistance is seen at the levels of 1.1559 and 1.1620. So, we expect the price to set […]
Trend analysis (Fig. 1). On Monday, the market will move up with the first goal of the support level at 1.1551 (white dotted line), and it is only possible to overcome this level with the subsequent goal of the rollback level of 38.2% – 1.1599 (blue dotted line) in order to continue the upward movement. […]
Last week, China had a week’s long holiday as the country celebrated its independence. Over the weekend, the People’s Bank of China (PBOC) moved to stimulate the economy by lowering the capital reserve requirements for banks. The new measure will likely free more than $109 billion in capital. This move was also aimed at helping […]
Last week marked the start of the fourth quarter of this year. As expected, the quarter’s first week was shaky, to say the least. In the United States, the bitter confirmation process of Brett Kavanough consumed most of the time for investors. They wanted to know whether the US president will have another victory. On […]
On Friday, the United States Labour department released the jobs numbers which missed analysts’ forecasts. In September, the economy added more than 138K jobs. This was lower than the 185K that traders were expecting and lower than the 230K that ADP had released on Wednesday. The wage growth softened a bit to 2.3% as the […]
Gold is still holding within a short-term trading range over the last two months with strong resistance boundary the 1212.50 level and support boundary the 1180.60 level. Notice that currently, the price is moving below the 20- and 40-simple moving averages (SMAs) in the 4-hour chart. The bearish pressure in the channel has been confirmed by the technical indicators. The […]
Good morning traders its Monday and time for the Dukascopy TV Trading Signals. Let’s start with Euro-Dollar pair it has 7 sell signals in the short term the id term has mixed results 3 sell, 3 neutral and 2 buy signals. The daily scale has 5 neutrals. the interbank sentiment for this pair matches 1-hour […]
Risk Warning: 69.39% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Taking the average annual pattern since 1950, of the year in which the mid-term US elections fall, there is a fourth quarter (Q4) uptick in market performance as the incumbent pushes ahead with economic and market friendly policies that will sustain them for the next year. Ron William, from RW Advisory, says that this year […]
Risk Warning: 69.39% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Here are the latest developments in global markets: FOREX: The dollar is higher by 0.18% against a basket of six major currencies on Monday, recovering the modest losses it recorded in the previous session. The British pound posted notable gains after media reports suggested the EU is ready to offer the UK a “super charged” free […]
Bitcoin continues to trade inside the long-term sideways triangle pattern that has been formed since February. Traders should be patient and not try and front run the market. Traders should wait for the triangle boundaries to break before taking action. Red line – resistance trend line Green rectangle – support Bitcoin has reached more than […]
Gold price remains inside the trading range below the important resistance of $1,207-11. As long as we are below this level there is still danger of moving back towards $1,180. A break above this level will open the way for a push higher towards $1,220-40. Red lines – trading range Green lines – long-term bearish […]
Morning Report: 07.00 London The US dollar is back on the front foot following Friday’s NFP inspired sell-off. Payrolls increased less than expected, while unemployment improved. This gave a boost to dollar pairs on Friday, but this boost is receding this morning as the dollar pairs reassert its dominance. The Austrian dollar is of particular […]
Stay informed about headline news and trends across the world’s ever-fluctuating financial markets through Binary TV. From stocks and commodities to global currencies, indices, and more, we help you keep up-to-date with our Daily Financial Market News, all brought to you exclusively from Binary.com Binary_com – Daily financial news – 08.10.2018 Related Posts:Market Comment – […]
EURUSD had lost its positive momentum over the previous two weeks, after the bounce off the 1.1800 psychological level, challenging a new seven-month low of 1.1460. The neutral trend in short-term though could stay in place given that prices continue to fluctuate within the inverse head and shoulders pattern with neckline 1.1800 and head 1.1300. From the technical […]
EUR/USD bounced towards resistance area of 1.1530-1.1545 but got rejected once again. Bulls now try to hold prices above short-term support at 1.1480-1.15. Losing this area will open the way for a move lower towards 1.14-1.1420. Red lines – bearish channel Blue line – short-term support Organge dots – medium strength resistance Red dots – […]
According to a press release, the largest state-owned bank in Russia, Sberbank, has signed a partnership agreement with the state energy giant, Rosseti, to promote new technologies. The latest step of Sberbank will make the bank together with Rosseti cooperate on many projects, including accelerators, education, research and exchange of expertise. Sberbank will also send […]
