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 […]
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 – 04.10.2018 Related Posts:Energy in Focus: […]
USDJPY reached a new 11-month high of 114.54 early on Thursday after the bullish rally yesterday, creating a new higher high in the medium-term structure. However, it started today’s session with negative momentum. The pair is trading above the ascending trend line and well above the 20- and 40-simple moving averages (SMAs), suggesting further significant gains. In […]
Here are the latest developments in global markets: FOREX: The dollar index is higher on Thursday (+0.29%), extending the impressive gains it recorded in the previous session as US yields raced higher. The US currency touched a fresh 11-month high against the yen, buoyed by strong US data and confident remarks by Fed chief Powell. Meanwhile, […]
Gold price has pulled back below $1,200 again. This is not a good sign for bulls. However there is a chance we see a higher low in Gold. Key resistance remains at $1,211. Bulls need to break this obstacle in order to continue higher. This pull back could very well be a back test of […]
EUR/USD has entered a buy zone. Selling pressures are expected to soon stop and prices to reverse to the upside. Technically we remain in a bearish trend but I believe that the bullish divergence signs will play out this time. Bullish reversal confirmation will come with a break above 1.1555. Red lines – bullish wedge […]
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 […]
AUDUSD lost around 1.20% on Wednesday, printing its biggest daily loss since June 14. On Thursday, the bearish mood turned stronger, driving the pair towards a 32-month low of 0.7075, with the technical indicators suggesting that a rebound is around the corner. Still, bearish signals have not fully faded yet. According to the RSI, the downfall […]
After a successful trading seminar in Manila on 25th August, during the weeks to follow XM organized two forex trading seminars for Filipino online traders, the event destinations being Davao and Iloilo in the Philippines. As always, it was a heart-warming experience to meet with our existing and new clients in person and welcome them […]
During the night the USD remained strong after Wednesday’s rally, which was fueled by the boom of US Treasury yields. Profitability of the 10-year-old US exceeded 3.22% and it was at most until 2011. In the case of 30-year-olds, we have 4-year highs. Strong data from the US in the form of ADP and ISM […]
The IBM technology conglomerate has been granted a patent for the Blockchain-based security system. The patent application has been published on the website of the United States Patent and Trademark Office (USPTO). As explained by IBM in a document filed for the first time in September 2017, this technology makes it possible to detect security […]
EUR/NZD is currently testing the minor resistance-line near 1.7677 a break above this resistance-line will be the first good indication that red wave ii/ has completed at 1.7484 and red wave iii/ towards at least 1.8030 and more likely 1.8369 is developing. We would not be surprised if the minor resistance-line is able to contain […]
Ideally minor support at 130.94 will be able to protect the downside for a new impulsive rally above minor resistance at 131.49 and more importantly above resistance at 131.98 that confirms blue wave (5) towards 133.96 is developing. Should an unexpected break below support at 130.94 be seen, that would indicate a final dip to […]
Morning Report: 07.00 London The US dollar is the currency of choice this morning after Hawkish Fed comments sparked a surge in bets on further and faster rate hikes. This was coupled with better than expected ISM non-manufacturing PMI. The Australian dollar has been hit hardest, with the AUD/USD plunging yesterday to below 0.7100 with […]
https://pepperstone.com/en/forex-news/market-review -The USD pushes all before it. -AUD & NZD get thumped on interest rate differentials. -EUR & GBP are also sold. -EM FX and economies will feel the heat. -The US and China to clash over South China seas. -Treasury Bond yields point the way for US interest rates in 2019. The overnight changes […]
If the assets that have been marching in different directions for a long time begin to move in the same direction, there is a reason for bewilderment and search for the causes of what is happening. It turns out – you can find a good investment idea. Over the past few months, the main driver […]
Trading Plan 03.10.2018 Overall picture: the market is waiting for momentum. As we wrote earlier, the “Italian crisis”, due to a small budget deficit, turned out to be greatly exaggerated: Italy makes concessions to the EU and reduces the target for the budget deficit. The market is waiting for new moves in the US-China trade […]
To open long positions for GBP/USD, it is required: Buyers could not catch hold of the resistance level of 1.3011 after the release of a weak report on activity in the UK services sector, which led to a decrease and update of the support level of 1.2973, which I drew attention to in my morning […]
In this video, Chris looks at the recent moves in rates, the USD and fixed income, and assesses if expectations are simply too lofty. Stay informed and manage your risk. Website: https://pepperstone.com/ Twitter: https://twitter.com/pepperstonefx Chris Weston: https://twitter.com/chrisweston_ps Subscribe: https://bit.ly/2NlF6rI Related Posts:GBP/USD. April 8th. Nonfarm Payrolls did not help the dollar April 8, 2024 On the […]
Bitcoin sank below $6,500 area today which triggered certain volatility in the market leading to indecision and corrections along the way. The price pushed below $6,500 area with strong impulsive bearish momentum which was immediately engulfed by the bullish pressure but it failed to push higher above $6,500 area with a daily close. The dynamic […]
To open long positions for GBP / USD, you need: Further upward movement in the pound will directly depend on the PMI data on the UK services sector. If the data indicates an increase in activity, a breakthrough of the resistance level of 1.3011 will be a good signal to buy the pound in order […]
While gold has traditionally held the status of the safe-haven asset, investors shunned it aside in the midst of trade concerns lately, favoring havens like the yen instead. The precious metal did see some demand in recent days amid worries around Italy, but was still unable to break the relatively narrow range it established over […]
The ADP report figures showed, that the private sector created 230,000 jobs in September. This is one of the highest results this year and higher readings than this appeared only in February or January (although then the report concerned December last year). The published value definitely beats forecasts of analysts who expected an increase of […]
Wave pattern graphics H4: The bearish segment of the pound major chart of April 14 completes the downward correction of the daily scale. The price reached the upper limit of the target zone. Wave pattern graphics H1: The rising wave of August 15 has a reversal potential. In recent weeks, the formation of the correction […]
Wave counting analysis: In the course of trading on Tuesday, the EUR / USD currency pair lost another 40 percentage points more and broke through the low of the previous downward wave. Thus, the entire wave counting has suffered some refinement. The trend segment between August 15 and September 24 is now viewed as a […]
Tesco shares fell by more than 8% after first-half adjusted operating profit fell short of estimates and profit in Asia declined by 29%. Eric Moore, income fund manager at Miton Group, says the weakness in Asia has the potential to ‘make a mess of the numbers’. He says Booker’s performance has been ‘tremendous’, while the […]
EURJPY edges lower over the last couple of hours, sliding below the 20- and 40-simple moving averages’ (SMAs) bearish crossover. The upside momentum appears to have run out of steam as prices have been attempting and failing to close above the 133.10 high in the previous days. The negative bias is further supported by the […]
4-hour timeframe Technical data: The senior channel of linear regression: direction – sideways. The younger linear regression channel: direction – up. Moving average (20; smoothed) – down. CCI: -49.0092 The EUR / USD currency pair began the long-awaited correction at the Asian trading session on Wednesday, October 3. Yesterday’s speech by Fed Chairman Jerome Powell, […]
4-hour timeframe Technical data: The senior channel of linear regression: direction – sideways. The younger linear regression channel: direction – up. Moving average (20; smoothed) – down. CCI: -78.4459 The currency pair GBP / USD on the night of October 3 made an attempt to start an upward correction. This is signaled by one closed […]
Fed Chairman Jerome Powell, speaking at the National Association of Business Economics, confirmed the Fed’s policy of gradually increasing interest rates. Powell’s confidence is based on some long-term trends that previously in the past fairly accurately reflected the relationship between Fed policy and the real state of the economy. In particular, Powell noted that unemployment […]
