Risk Warning: 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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 may change. Please check our Risk Disclosure for […]
Trend analysis (Fig. 1). On Monday, technical analysis demonstrates an upward movement. The first upper target of 1.3131 is the pullback level of 38.2% (yellow dashed line). Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – down; – Fibonacci levels – up; – volumes – up; – candlestick analysis – down; – trend analysis […]
4-hour timeframe Technical details: The higher linear regression channel: direction – up. The lower linear regression channel: direction – down. Moving average (20; smoothed) – down. CCI: -56.1714 The currency pair GBP/USD continues to “storm” because of the uncertainty associated with Brexit. Nothing new. Theresa May made another statement in which she informed the Parliament […]
4-hour timeframe Technical details: The higher linear regression channel: direction – down. The lower linear regression channel: direction – down. Moving average (20; smoothed) – down. CCI: 46.1538 On Monday, April 8, the currency pair EUR/USD continues to be located below the moving average line, and the volatility remains quite low. By tradition, on Monday […]
On Friday, before the news, the price did not manage to break through the pullback level of 23.6% – 1.1247 (yellow dashed line), when moving upwards. The market, contrary to the technical analysis, went down on strong news, having worked the news down. On Monday, strong calendar news is not expected. Trend analysis (Fig. 1). […]
To open long positions on EURUSD you need: As expected, the release of data on the US labor market only temporarily supported the US dollar, which did not even lead to a breakdown of the middle of the channel in the area of 1.1212. To continue the upward trend in EUR/USD, you need to break […]
Morning Report: 07.00 London This morning, the US dollar index is reversing Friday’s payrolls inspired gains. Non-Farm Employment Change came in above estimates at +196k, beating estimates after last month’s slump. The EUR/USD and GBP/USD are making gains as a result, with the EUR/USD rallying after holding the 1.1200 level. The GBP/USD is also reversing […]
ETHUSD retreated after it found strong resistance on the five-month high of 186 earlier on Monday. Momentum indicators are all supportive of the bullish view, as the red Tenkan-sen line and the blue Kijun-sen line point up, as well as the 20- and 40-simple moving averages (SMAs) in the 4-hour chart. Additionally, the MACD oscillator […]
We would like to inform our clients that considering our recent notification regarding the Turkish Lira, all temporary measures taken have now been completely waived as of today, Monday 8th April 2019. Related Posts:Overview of the EUR/USD pair. October 27th. ECB meeting… October 27, 2023 The currency pair EUR/USD showed absolutely no movements on Thursday—no…Dollar: […]
USDJPY failed to close above the 112 level on Friday once again, with the price retreating below the 20-period moving average in the four-hour chart. The fast stochastics, however, provide optimism that the pair could recoup some losses as the red %K line and the blue %D line approach oversold territory (below 20). The RSI […]
Dollar little changed after NFP, but Fed rate-cut odds rise In the UK, reports suggest PM May could accept a customs union compromise Oil touches five-month high as Libyan production is threatened Dollar snoozes after mixed jobs data, but rate-cut bets grow The US employment report for March was a mixed bag. Nonfarm payrolls clocked […]
Gold is extending its gains today and is currently trading near the 1297 resistance level. The price has also increased distance above the bullish cross of the 20- and 40-simple moving averages (SMAs), indicating that the recent upside move might hold for longer. Momentum signals are bullish as well as the red Tenkan-sen line, which is above the blue […]
EURUSD moved lower in the previous week but it managed to hold above the 21-month low of 1.1175, remaining in a downward sloping channel over the last three months. Prices hold below the red Tenkan-sen line, which is pointing down, suggesting a bearish view in the short-term. Moreover, the 20-and 40-simple moving averages (SMAs) are […]
Last year, the price of crude oil reached a multi-high level of $87. Since then, the price of Brent dropped sharply after Donald Trump gave exceptions to Iran oil. This was an unexpected move, which saw the price drop to a low of $49.50. In response to this, OPEC members met in Vienna for their […]
This week, the European Central Bank (ECB) will take the center stage in the markets. On Wednesday, the bank will conclude its two-day meeting and release a statement on the monetary policy. This will come at a time when the EU economy is showing signs of increased weakness. This weakness has come from countries of […]
On Friday, the US Labor Department released the official jobs numbers for the month of March. The numbers provided some relief to the market, which was worried about the weak jobs numbers in February. In March, the economy added more than 196K jobs, which was higher than the expected 176K. In February, the economy had […]
The markets are once again open – and with it a new week of macroeconomic data and events. This week seem to be an active one with news affecting most all major currencies including – JPY, EUR, USD and GBP. Although the week starts out relatively quiet Let’s take a look at the most significant […]
To open long positions on GBP/USD you need: The pound’s decline on Friday led to a test of large levels of support and the formation of a new rising wave. At the moment, it is best to return to long positions after the support test of 1.3034, however, the main goal of the bulls will […]
4h As seen on the 4-hour chart, the EUR/USD pair returned to the retracement level of 76.4% (1.1241) and rebounded from it with a reversal in favor of the US dollar. However, in the last hours, the pair started the process of returning to the Fibo level of 76.4%. Thus, the new rebound of quotations […]
4h As seen on the 4-hour chart, the GBP/USD pair performed a new reversal in favor of the British currency and began the process of returning to the Fibo level of 76.4% (1.3094), after the formation of the new bullish divergence of the MACD indicator. The rebound of the pair on April 8 from the […]
The second week of April promises to be saturated: upcoming events can affect not only the euro/dollar pair, but also other currency pairs, changing the overall fundamental picture. Increased volatility is expected in the market, as traders will monitor events not only of political, but also macroeconomic nature. The “hottest” will occur in three days […]
FXTM Research Analyst, Lukman Otunuga, rounds up all the key market events for this week, and pinpoints what traders might look out for ahead, including: • #ECB meeting in sharp focus • More #Brexit drama expected as 12 April deadline looms • Oil prices sensitive ahead of #OPEC meeting For more Market Analysis read the […]
Risk Warning: 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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 may change. Please check our Risk Disclosure for […]
Risk Warning: 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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 may change. Please check our Risk Disclosure for […]
Risk Warning: 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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 may change. Please check our Risk Disclosure for […]
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 – Daily financial news – 08.04.2019 Related Posts:Energy in Focus: […]
https://pepperstone.com/en/forex-news/market-review -NZD down by -1.0% plus vs USD on the week -BRL gains vs USD but is still well underwater over the year -USD largely unmoved by Friday’s payroll beta -German trade balance and US factory orders on tap -Japanese consumer confidence slides in March -The US looks to raise pressure on Iran. -China adds […]
Identifying take-profit and stop-loss zones can be challenging. But what if there was an easier way to target market reversals? Don’t miss this advanced webinar where the FX Evolution team will share several strategies to help you identify how trend reversals take place, and where you should be considering placing your entries and exits. Website: […]
Investors are buying US dollars for a very different reason this month. In March, concerns about global growth, a pullback in stocks and an inverted yield curve led investors into the safety of the greenback but as we kick off the second quarter, some of those concerns faded driving US equities to fresh year to […]
Investors are buying US dollars for a very different reason this month. In March, concerns about global growth, a pullback in stocks and an inverted yield curve led investors into the safety of the greenback but as we kick off the second quarter, some of those concerns faded driving US equities to fresh year to […]
