Binary.com Daily Market Report (11th May)
May 11, 2016 7:48 amVideo
Latest News
- Analysis for GBP/USD on April 29th. The market is waiting for important statistics April 29, 2024
- Technical Analysis – GBPAUD in danger of bearish shift as it tests 50% Fibonacci April 29, 2024
- Trading Signals for EUR/USD for April 29-30, 2024: sell below 1.0750 (200 EMA – 4/8 Murray) April 29, 2024
- Trading Signals for GBP/USD for April 29-30, 2024: sell below 1.2553 (200 EMA – overbought) April 29, 2024
- Weekly Technical Outlook – USDJPY, EURUSD, Oil April 29, 2024
- Trading Signals for GOLD (XAU/USD) for April 29-30, 2024: buy above $2,322 (21 SMA – rebound) April 29, 2024
- Weekly Technical Outlook: 29/04/2024 – USDJPY, EURUSD, Oil April 29, 2024
- Technical Analysis – Apple stock bounces off 1-year low April 29, 2024
- Technical Analysis – GBPUSD recovers from 5-month low April 29, 2024
- USD/JPY: Simple trading tips for novice traders on April 29th (US session) April 29, 2024
- GBP/USD: Simple trading tips for novice traders on April 29th (US session) April 29, 2024
- EUR/USD: Simple trading tips for novice traders on April 29th (US session) April 29, 2024
- GBP/USD: trading plan for the US session on April 29th (analysis of morning deals). The pound continues to be bought at every April 29, 2024
- EUR/USD: trading plan for the US session on April 29th (analysis of morning deals). The euro remains locked in a side channel April 29, 2024
- Technical Analysis – USDJPY plummets after 34-year high of 160.20 April 29, 2024
- EUR/USD. April 29th. The bulls continue to advance April 29, 2024
- GBP/USD. April 29th. Bulls find it extremely difficult to move upwards, but this week could change everything April 29, 2024
- Market Comment – Yen spikes on suspected intervention; big week awaits the dollar April 29, 2024
- Forex forecast 04/29/2024: EUR/USD, GBP/USD, USD/JPY, EUR/JPY, GBP/JPY and BTC from Sebastian Seliga April 29, 2024
- Federal Reserve encounter troubles April 29, 2024
Kiwi Dollar Pushes Higher
Morning Report: 06.30 London
• The New Zealand dollar is out-performing overnight after the RBNZ expressed concern about the hot housing marketing, but stopped short of any measure to tighten lending. The NZD/USD is unchanged this morning but saw some late buying interest last night.
• By contrast, the Australian dollar is pulling back with the AUD/USD and AUD/JPY selling off following yesterday’s brief rally.
• A recovery in oil prices yesterday has put the pressure back on the US dollar index, with small follow-on selling this morning.
• The yen pairs are generally on the back foot as money seeps back into the yen from the dollar.
Coming up today:
• Coming up today we have the UK manufacturing production at 09.30.
• This is followed US crude oil inventories at 15.30.
Trade Idea:
• The AUD/USD might have rallied yesterday, but pressure remains on the Australian economy with China still slowing.
A good way to play this is a LOWER trade predicting that the AUD/USD will close below 0.73 in 21 days time for a potential return of 160%.
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: