Binary.com Daily Market Report (17th Feb)
February 17, 2014 9:36 amVideo
Latest News
- Technical Analysis – EURCHF pulls back from 14-month peak May 28, 2024
- USA and Europe: market trends during the holidays May 28, 2024
- Market Comment – Euro takes advantage of weak dollar May 28, 2024
- Technical Analysis – EURJPY advances towards 40-year high May 28, 2024
- Technical Analysis – GBPUSD challenges new 2-month high May 28, 2024
- Technical Analysis of Intraday Price Movement of Silver Commodity Asset, Tuesday May 28, 2024. May 28, 2024
- Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Tuesday May 28, 2024. May 28, 2024
- Forecast for GBP/USD on May 28, 2024 May 28, 2024
- Forecast for AUD/USD on May 28, 2024 May 28, 2024
- The bullish bias is gaining momentum. Overview of GBP/USD May 28, 2024
- CFTC report: investors continue to USD sell-off despite high yields May 28, 2024
- Investors bet on the euro’s strength. Overview of EUR/USD May 28, 2024
- Video market update for May 27, 2024 May 27, 2024
- Analysis of GBP/USD pair on May 27, 2024 May 27, 2024
- Euro area inflation unlikely to change ECB’s outlook – Preview May 27, 2024
- EUR/USD. Analysis of the upcoming inflation report in the European Union. What to expect? May 27, 2024
- USD/JPY: Simple trading tips for novice traders on May 27th (US session) May 27, 2024
- GBP/USD: Simple trading tips for novice traders on May 27th (US session) May 27, 2024
- EUR/USD: Simple trading tips for novice traders on May 27th (US session) May 27, 2024
- GBP/USD: trading plan for the US session on May 27th (analysis of morning deals). The pound reached 1.2756 May 27, 2024
Japanese GDP estimates hit sour note
Morning Report: 08.30 London
• This morning the yen pairs are on the rise as a risk averse environment sees money flow back into the yen. Ironically this is happening on the back of below par Japanese GDP figures and a slump in revised industrial production.
• The GBP/JPY is up 0.29%, with the EUR/JPY up 0.16%.
• Generally markets have a positive bias helped by strong momentum on Wall Street. Even the dollar index is finding support this morning.
• The big movers are commodities, with Silver and Gold extending recent gains.
Coming up today:
• It’s a US bank holiday so it’s a very quiet day today, with a Eurogroup meeting the only item of note.
Trade Idea:
• The pound looks to be in the early stages of printing a classic reversal candlestick which could spell and end to the recent bull run.
A LOWER trade looks the order of play here. A LOWER trade predicting that the GBP/USD will close below 1.6725 in 4 days could return 125%.
This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.
Summary:
Email [email protected] or skype me at bomaffiliates-karen
Related Posts: