Risk Warning: 69.75% 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: 69.75% 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 […]
Greenback pulls back on expectations for ‘dovish’ Fed minutes today Pound outperforms, soars back above $1.30 without Brexit news Gold sails past 10-month highs amid a quiet flight to safety Dollar retreats as traders brace for ‘dovish’ Fed minutes The dollar gave up some early gains on Tuesday to close the session much lower overall […]
Morning Report: 07.00 London The US dollar index is back on the rise, following steady losses yesterday. The GBP/USD was the star of the show yesterday, with hefty gains pushing the pair through the 1.3050 level. The pound is slipping back slightly this morning, but recent gains are holding. The rally is almost entirely Brexit […]
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 – 20.02.2019 Related Posts:Energy in Focus: […]
The biggest news expected today is from the Federal Reserve. The bank will release the minutes of the February meeting during the US trading session. This will be an important release that may lead to significant moves in the markets. In the previous meeting, the bank said that it was moving from an increasing hawkish […]
Copper is an important metal in the world. Every day, billions of people indirectly use products that are made with copper. For example, copper is found in automobiles and in electrical appliances. It is also used to power the national grids of all countries. This happens because of copper’s excellent conduction capabilities. As such, copper […]
AUDUSD is extending last week’s rebound above the 0.71 mark but with technical indicators showing little strength at the moment, it is still questionable whether the pair has the dynamics to fully recover February’s losses in the short term. The MACD is rising steadily above its red signal line and is in negative territory, and the RSI seems to be slowing […]
To open long positions on EUR / USD pair, you need: Yesterday’s consumer sentiment data did not help the euro much, however, it can be seen that the upward momentum remains. Today, a breakdown and consolidation above the resistance of 1.1355 are required in the first half of the day, which will lead to a […]
Gold prices skyrocketed to a fresh ten-month high earlier today, reaching the 1346.61 level. Currently, it is set to complete the fifth consecutive green day after the rebound on the 23.6% Fibonacci retracement level of the upleg from 1160 to 1346.61, near 1302 and the steep ascending trend line, which has been holding since November 13. Turning […]
Gold price has hit all our short-term targets after breaking above $1,317 when our last bullish signal was given. Price has reached the upper channel boundary and at $1,340 I prefer to take profits and stay neutral. Purple lines – bullish channel Yellow rectangle- major support area Black rectangle – short-term resistance (broken) now support […]
EUR/USD European economic indicators, released on Tuesday, turned out to be worse than expectations, the market worked with it, but with the opening of the US session, Loretta Mester’s comments on the economic slowdown and the British pound’s growth on expectations of today’s meeting between Theresa May and Jean-Claude Juncker, euro optimism took over. In […]
Trend analysis (Fig. 1). On Wednesday, the price will move down. The first lower target of 1.3005 is the rolling level of 23.6% (blue dashed line). Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – down; – Fibonacci levels – down; – volumes – down; – candlestick analysis – down; – trend analysis – […]
On Tuesday, February 19, the EURUSD rate drew a strong daily bullish candle – a clear signal of a reversal upward. Now the price has stalled in the middle of the line (Alligator Bill Williams) by the day. The next target is a strong resistance line on the way up to around 1.1420-1.1430. There are […]
GBP/USD Yesterday, the British pound continued a planned and expected upward movement. The price overcame the resistance of the price channel line (1.2973) and reached the nearest target of 1.3048. On the four-hour chart, the price has already consolidated above the level, now the target is the high on November 7 – 1.3174. The reason […]
AUD/USD On Tuesday, the Australian dollar grew by 34 points, following the general direction of the European currencies. The aussie’s growth was stopped by the resistance line of the Krusenstern daily scale (0.7173). Consolidating the price above the level opens a target of 0.7243 – the upper limit of the daily price channel. But on […]
USD/CAD is approaching its support at 1.3170 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.3223 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is nearing its support at 0.38% where a corresponding bounce could occur. USD/CAD is approaching its support where we […]
https://pepperstone.com/en/forex-news/market-review -NZD slips back -The dollar firms vs the yen but falls vs the yuan -Cable trades with a 1.30 handle -Theresa May heads back to Brussels -Japanese exports fell by more than -8% -A new budget for South Africa -The path of US interest rates The overnight changes and price moves to be aware […]
Growth of the global risk appetite against the background of the de-escalation of the US-Chinese trade conflict has made it possible for oil to climb to the area of three-month highs. Black gold is growing along with global stock indexes in the hope that the end of the trade war will increase global demand. Although […]
Over the past trading day, the currency pair Pound / Dollar showed a tap of low volatility of 49 points. As a result, it hanged within the periodic level. From the point of view of technical analysis, we have an intensive upward trend from the level of 1.2770, where the quotation reached a periodic level […]
The euro/dollar impulsively fell to 1.1270 this afternoon, after which buyers seized the initiative and were able to turn the tide in their favor. But in general, the fundamental background remains quite unreliable for the single currency, and not only because of the release of disappointing macroeconomic data. The fact is that the risk of […]
4-hour timeframe The amplitude of the last 5 days (high-low): 98p – 77p – 117p – 113p – 50p. Average amplitude for the last 5 days: 91p (92p). On the second trading day of the week, the British pound sterling received support from the head of the European Commission Jean Claude Juncker. He stated very […]
4-hour timeframe The amplitude of the last 5 days (high-low): 63p – 82p – 82p – 72p – 45p. Average amplitude for the last 5 days: 69p (66p). The EUR/USD currency pair on Tuesday, February 19, amid the complete absence of any interesting macroeconomic information moves in different directions and once again in low volatility. […]
In this webinar, Chris Weston looks at how markets fixate on a key event deadlines, and the demonstrates different behaviors around these dates. Chris also looks at a different approach to using fundamentals in trading, while applying a technical overlay to increase probability. Website: https://pepperstone.com/ Twitter: https://twitter.com/pepperstonefx Chris Weston: https://twitter.com/chrisweston_ps Subscribe: https://bit.ly/2NlF6rI Related Posts:Trading Signals […]
Palladium futures for March delivery scaled another all-time high on Tuesday, hitting an intra-day top of 1463.34. The commodity has been on a steep uptrend after reversing from the more than one-year low of 812.65 it ploughed in August 2018. The strong upside momentum looks set to continue in the near term as supported by […]
January’s employment report for Australia is likely to attract investor’s attention on Thursday at 0030 GMT as the Australian dollar has been losing some ground over the past week. Stronger figures in employment may provide some relief to the currency. The unemployment rate is predicted to have stayed at 5.0% in January, while the net change in employment is […]
On December 12, the previously-dominating bearish momentum came to an end when the GBP/USD pair visited the price levels of 1.2500 where the backside of the broken daily uptrend was located. Since then, the current bullish swing has been taking place until January 28 when the GBP/USD pair was almost approaching the supply level of […]
The minutes of the RBA meeting was somewhat controversial, leaving more questions than answers. The rhetoric was “dovish” in nature, although the ambiguity of the wording allows for a different assessment of the prospects for the Australian currency. In today’s Asian session, the Reserve Bank of Australia published the minutes of its last meeting. This […]
Today, the pair is trading near the a control zone, which is the defining support. If the course fails to consolidate below this zone, the upward movement will continue and the maximum of a week will be updated with a 70% probability. At the height of the Asian trading session, the NZD/USD pair approaches the […]
The movement of the pair yesterday allowed the instrument to remain in the flat phase. It should be noted that the fall was stopped at weekly CZ of 1.2832-1.2793, which makes this an important range for medium-term support. Last week, a local accumulation zone was formed, therefore the 1/2 CZ of 1.2983-1.2964 is currently an […]
