Binary.com Daily Market Report (11th July)
July 14, 2014 11:08 amVideo
Latest News
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- Technical Analysis – NZDUSD falls back towards 5-month low May 1, 2024
- Technical Analysis – USDJPY erases losses, but risks remain May 1, 2024
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- Technical Analysis – Gold seeks safety after Tuesday’s drop May 1, 2024
- Technical Analysis – USDJPY stabilizes a tad below 160.00 May 1, 2024
- Video market update for April 30, 2024 April 30, 2024
- Analysis of the EUR/USD pair on April 30, 2024 April 30, 2024
- Analysis of the GBP/USD pair on April 30th. Last chance for the dollar April 30, 2024
- GBP/USD: Simple trading tips for novice traders for April 30th (US session) April 30, 2024
- EUR/USD: Simple trading tips for novice traders for April 30th (US session) April 30, 2024
- GBP/USD: trading plan for the US session on April 30th (analysis of morning deals). The pound is kept within the side channel April 30, 2024
- Could Monday’s intervention turn the tide for the yen? – Special Report April 30, 2024
- EUR/USD: trading plan for the US session on April 30th (analysis of morning deals). The euro is trying to end the month on April 30, 2024
- Trading Signals for Bitcoin (BTC/USD) for April 30 – May 7, 2024: sell below $62,500 (21 SMA – 4/8 Murray) April 30, 2024
Gold Struggles On Bastille Day
Morning Report: 08.00 London
• This morning, financial markets are mixed, with commodities suffering and stock markets rebounding. The S&P 500 is on the rise again in early trading, while the dollar index finds new support..
• Gold and silver are the morning’s main movers, down around 0.25% in early trading.
• Elsewhere, the US dollar strength is putting pressure on the dollar pairs, especially the USD/CAD which is pushing higher again this morning.
• The move is also lifting the main yen pairs as money flows away from Japan in the main USD/JPY pairing.
Coming up today:
• Coming up today we have European industrial production at 10.00.
• This is followed by ECB President Draghi speaking at 18.00.
Trade Idea:
• There was some consolidation at the highs yesterday for the NZD/USD, but this could be a pause before another move higher.
A good way to play this is a HIGHER trade predicting that the NZD/USD closes above 0.8825 for a potential return of 113%.
This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.
Summary:
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