The expected correction from 1.7305 dipped just below our lower boundary at 1.7188 (the low has been seen at 1.7184), this is enough to complete the correction in the red wave ii and set the stage for the next impulsive rally in the red wave iii towards 1.7505 as the next upside target on the […]
The correction from 131.99 has opted for the deeper correction near the 50% corrective target of the red wave iii at 130.18 (The low has been seen at 130.11). This is more than enough to complete the correction in the red wave iv and start moving higher in the red wave v towards the 133.02 […]
When the European market opens, some Economic Data will be released such as Consumer Confidence. The US will also release the Economic Data such as Existing Home Sales, so amid the reports, EUR/USD will move in a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1797. Strong Resistance:1.1790. Original Resistance: […]
In Asia, Japan today will not release any Economic Data, but the US will release some Economic Data such as Existing Home Sales. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Resistance. 3: 111.54. Resistance. 2: 111.32. Resistance. 1: 111.10. Support. 1: […]
https://pepperstone.com/en/forex-news/market-review -The yen, real and Mexican peso are the week’s big FX movers. -95 is still a barrier for the dollar index. -Trump comments cause widespread concern. -The Yuan is officially in the spotlight. -Is the BOJ going to change course? -The bumpy road to automation. The overnight changes and price moves to be aware […]
Mr. Trump is against everyone. In recent weeks: Trump with a scandal held a meeting with the “Big Seven”, refusing to sign under a general statement. His statements to the head of Canada were in fact insults. The meeting of the “Seven” was a series of attacks by Trump on the Allies – Europe (especially […]
Pepperstone Indicators: https://pepperstone.com/en/trading-platforms/indicators Expert trading educators, FX Evolution, will take you through four of the most common indicators used by traders and explain why they’ve selected these trading systems. Related Posts:USD/JPY: Simple trading tips for novice traders on April… April 16, 2024 Trade Analysis and Advice on Trading the Japanese YenThe price…GBP/USD: Simple trading tips […]
We continue to operate in an environment where politics matters as much to the direction of currencies as economics. In the past week, the U.S. dollar soared after Fed Chair Powell reassured investors that the economy is doing well and interest rates are on the rise. However President Trump halted the dollar’s rally when he […]
We continue to operate in an environment where politics matters as much to the direction of currencies as economics. In the past week, the U.S. dollar soared after Fed Chair Powell reassured investors that the economy is doing well and interest rates are on the rise. However President Trump halted the dollar’s rally when he […]
We continue to operate in an environment where politics matters as much to the direction of currencies as economics. In the past week, the U.S. dollar soared after Fed Chair Powell reassured investors that the economy is doing well and interest rates are on the rise. However President Trump halted the dollar’s rally when he […]
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- Weekly financial new -July 22nd 2018 Related Posts:Weekly forecast based […]
• EURNZD reversed from resistance zone • Likely to fall further EURNZD recently reversed down from the resistance zone lying between the key resistance level 1.7300 (which has been reversing the price from May) and the upper daily Bollinger Band. The downward reversal from this resistance zone continues the active short-term ABC correction (ii) from […]
• Sugar reversed from support zone • Likely to rise further Sugar recently reversed up from the support zone lying between the key support level 0.1090 (which stopped the sharp downtrend in April) and the upper daily Bollinger Band. The upward reversal from this support zone completed the previous medium-term ABC correction (2) from the […]
After making headlines last week in Brussels, the US president continued making news this week after his press conference with Russia’s Vladmir Putin. On Monday, after meeting for two hours with the Russian president, Donald Trump held a press conference where he was asked about Russia’s meddling with the US election. In his response, he […]
Monday is relatively light in terms of fundamentals, but here are the events you could try to trade on. Canadian wholesale sales for May open this agenda at a half past noon GMT. Sales edged up by one tenth of a percent to 63.1 billion Canadian Dollars in April. They were up in three of […]
Dear colleagues. For the EUR / USD pair, there is a high probability of canceling the downward structure from July 17, for which a breakdown of 1.1688 is necessary. For the GBP / USD pair, the continuation of the development of the downward structure from July 16 is expected after the breakdown of 1.2990. For […]
GOLD PRICES rallied 1% on Friday from yesterday’s new 12-month Dollar low of $1211 per ounce after US President Donald Trump attacked both China on trade and the Federal Reserve for raising interest rates in an interview with CNBC. “I’m not thrilled” about the Fed raising rates, Trump told CNBC anchor Joe Kernen in […]
It’s noon GMT on this week’s last trading day, so let’s see how traders have managed to work out the rate movements. Euro/Dollar shows limited rate movement range of 48 pips, but the pair has attracted 55% more than typical funds. Sentiment of the traders is neutral, short positions are up by 3%. There have […]
In the past few months, the US dollar has been the major gainer among the global currencies. The rise has been because of the Federal Reserve, which has remained quite hawkish, even with the ongoing trade crisis. In his testimony this week to congress, the Fed chair remained bullish about the US economy and supported […]
Honeywell stock price has been consolidating since March 21 and has been stuck in the sideways channel with upper boundary the 152.40 resistance level and lower boundary the 141.80 support. The neutral picture in the medium-term looks to last for a while longer as prices hold near the middle of the trading range. Support was […]
Here are the latest developments in global markets: FOREX: The US dollar was trading lower against the Japanese yen on Friday, though by not much, at 112.40 (-0.07%) remaining below the 1-year high of 113.15 reached on Thursday as investors kept in mind Trump’s criticism made on Thursday about higher US interest rates and a stronger dollar. Renewed US trade warnings against China today did […]
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand howCFDs 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 and […]
Daily Outlook In April 2018, the EUR/USD pair outlook turned to become bearish when the pair pursued trading below the broken uptrend as well as the lower limit of the depicted consolidation range. Shortly after, the price zone (1.1850-1.1750) offered temporary bullish rejection towards 1.1990. The EUR/USD bulls failed to pursue towards higher bullish targets. […]
The NZD/USD pair had been trapped between the price levels of 0.7170 and 0.7350 until bearish breakdown of 0.7200 occurred on April 23. Breakdown of 0.7220-0.7170 (neckline zone) was needed to confirm the depicted reversal pattern. Bearish target levels around 0.7050 and 0.7000 have been achieved already. The price level of 0.7050 was considered a […]
Analysis of wave counting: During the trades on Thursday, the currency pair EUR / USD gained about 70 percentage points from the day’s low. Thus, the assumed wave 3, 5, assumes a slightly more complicated form than was originally intended, nevertheless continues its construction. The wave 4 of the trend’s downward part can theoretically take […]
Unexpected yesterday’s statements by D. Trump in the media that he is not satisfied with the strengthening of the dollar, led to a local decline in national currencies, and the question arises: should we expect to continue its decline? In our view, although Trump’s words were emotional, they contained an important aspect of the success […]
Make sure your broker’s price feed quality isn’t stopping you from performing at your best on this Friday by watching the Dukascopy Spike Controller. Euro/Dollar’s long term average and maximum spreads are point 38 and 2.2 pips respectively. The pair rose yesterday, gaining a total of point 9% or 104 pips to hit the daily […]
In 2017, the focus among investors worldwide was in the United States and the Trump administration. The US president had just defied the convectional wisdom to win the closely-contested election. During the year, investors placed their bets that a former businessman would help turn around the economy by lowering taxes and deregulating the industry. They […]
The preliminary estimate of US GDP growth for the second quarter and the latest monetary policy meeting by the European Central Bank will be the most keenly awaited events of the next seven days. While there should be plenty of headlines from these two risk events, the remainder of the week is looking unusually quiet, […]
The NZD/USD pair continues to move downwards from the level of 0.6807. The pair has dropped from the level of 0.6807 to trade around the 0.6775 level. This level of 0.6807 coincides with the major resistance today. Today, the first resistance level is seen at 0.6807 followed by 0.6880, while daily support 1 is found […]
