Binary.com Daily Market Report (10th Mar)
March 10, 2016 9:03 amVideo
Latest News
- Analysis of GBP/USD on April 26th. The pound trades on Friday without changes April 26, 2024
- USD/JPY: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- GBP/USD: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- EUR/USD: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- GBP/USD: trading plan for the US session on April 26th (analysis of morning deals). The pound attempted, but it didn’t go April 26, 2024
- EUR/USD: trading plan for the US session on April 26th (analysis of morning deals). The euro continues to rise April 26, 2024
- Trading Signals for GOLD (XAU/USD) for April 26-29, 2024: buy above $2,324 and sell below $2,352 (21 SMA – 6/8 Murray) April 26, 2024
- Technical Analysis – AUDUSD set to complete best week of the year April 26, 2024
- Will Apple finally drop its AI hint? – Stock Markets April 26, 2024
- Bitcoin slips as markets pare back Fed rate cuts – Crypto News April 26, 2024
- EUR/USD. April 26th. Bulls continue to advance after the GDP report April 26, 2024
- Can Chinese PMIs solidify the economy’s recovery prospects? – Preview April 26, 2024
- Weekly Forex Outlook: 26/04/2024 – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too April 26, 2024
- XM’s Lombok Collaboration: Brightening Futures April 26, 2024
- Week Ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too April 26, 2024
- Market Comment – Yen keeps sinking after Bank of Japan decision April 26, 2024
- Fed faces dilemma amid sticky inflation and slowing economy – Preview April 26, 2024
- USD/JPY: trading tips for beginners for European session on April 26 April 26, 2024
- GBP/USD: trading tips for beginners for European session on April 26 April 26, 2024
- EUR/USD: trading tips for beginners for European session on April 26 April 26, 2024
Kiwi Rate Cut
Morning Report: 06.30 London
• New Zealand opted to cut rates to 2.25% last night, causing the NZD/USD crash lower.
• By contrast, the AUD/USD is holding up well, with the AUD/JPY following suit.
• The US Dollar remains range bound after last week’s losses, while the USD/JPY nudged slightly higher.
• The Yen pairs are generally performing well, with the GBP/JPY and EUR/JPY climbing higher this morning.
• Commodities are back on the rise with oil prices creeping above $40 again.
Coming up today:
• Coming up today we have the ECB bid rate at 12.45. The ECB press conference follows at 13.30. No significant change is expected.
• Canadian NHPI is released at 13.30.
Trade Idea:
• Now that oil prices are making something of a sustained recovery, the USD/CAD is worth a look.
• With the US Dollar slipping into neutral mode, the Canadian Dollar has enjoyed the rebound in oil prices, driving the USD/CAD lower.
A good way to play this is a LOWER trade predicting that the USD/CAD will close below 1.3200 in 14 days for a potential return of 132%.
Disclaimer: This financial market report is intended for educational and information purposes only. It should not be construed as investment or financial advice and you should not rely on any of its content to make or refrain from making any investment decisions. The views expressed in this report are those of the author and do not necessarily reflect the views or position of Binary.com accepts no liability whatsoever for any losses incurred by users in their trading. Binary options trading may incur losses as well as gains.
Email [email protected] or skype me at bomaffiliates-karen
Related Posts: