We have reached the final trading day of this week and it’s time to see what news releases could shake up the FX markets. The publication of the Swiss Producer Price Index for December opens this agenda at a half past seven in the morning. Producer prices dropped by point 3 percent month on month […]
ETHUSD is slowing down below the moving averages in the 4-hour chart, while according to the technical indicators the market seems to be neutral. The RSI keeps developing below 50 with weak momentum and the MACD oscillator is flattening above its trigger line but below the zero level. In case of a move lower, the price could challenge the 23.6% […]
BTC did a false breakout of the 2-day low at the price of $3.530, which is a sign that selling looks risky. I have found a strong reversal bar (reversal up-thrust), which is a sign that smart money did shake out the weak trading money. I have also found the breakout of the supply trendline, […]
GBP/USD finaly made a breakout of the trading range (resistance) at the price of 1.2900 and we got confirmation to go long. There is strong impulsive movement in the background, which is a sign that recent trading range was more resting before new push higher. My advice is to watch for buying opportunities. Trading recommendations […]
Recently, EUR/USD has been trading sideways at the price of 1.1400. According to the H4 time – frame, I have found that there is a fake breakout of the yesterday’s low at the price of 1.1377, which is a sign that selling looks risky. I also found that there is the rejection of the lower […]
Overview: The trend of USD/CAD movement was controversial as it took place in a narrow sideways channel, the market showed signs of instability. Amid the previous events, the price is still moving between the levels of 1.3169 and 1.3291. Also, the daily resistance and support are seen at the levels of 1.3169 and 1.3092 respectively. […]
Overview: The GBP/USD pair will continue rising from the level of 1.2824 which represents the daily pivot point on the H1 chart in the long term. It should be noted that the support is established at the level of 1.2745. The price is likely to form a double bottom in the same time frame. Accordingly, […]
It’s time for the Dukascopy Midday Snapshot, where we’ll see how traders have managed to work out the rate movements during the morning session on this Thursday. Euro/Dollar shows limited rate movement. The gradual decline was followed by a rise measuring at 34 pips. Traded volume is average and sentiment of the traders is neutral, […]
Large-scale graphics: The short-term trend of the dollar index since February last year has been the top. The wave structure is incomplete. Reached a powerful level of resistance. Medium scale graphics: From November 11, dollar quotes form a bearish wave, the potential of which is close to exhaustion. In a larger model, the plot took […]
Oil quotes are reduced after the publication of reports by the US Department of Energy on the approach of oil production in the country to a record level of 12 million barrels per day. On Thursday, as of 10:47 London time, the price of Brent crude oil fell by 0.90% to $ 60.77 a barrel, […]
The dollar took a short breather but was still serious about major currencies, while the pound stabilized after the government of British Prime Minister Theresa May won a vote of no-confidence. As for the euro, the dollar will grow due to constant concerns about the eurozone economy, which affected the single European currency. The data […]
According to the currency experts of the Dutch bank ING, at the moment market players are best placed on a decline in the rate of the single European currency, having sold it in relation to the Hungarian forint. The strategy of the analysts of the bank ING is as follows: they recommend expressing a short […]
The situation around Brexit continues to be one of the central themes of the financial market. On the eve, the British parliamentarians have expressed confidence in the country’s cabinet of ministers headed by Theresa May. Now, the government has to determine its next steps and to submit a “Plan B” to the House of Commons […]
Previously, we have not once pointed out that global markets, and with them, investors, are under intense pressure from an uncertainty factor that has not disappeared anywhere. Despite the fact that world central banks, first of all, the Fed and the ECB, have begun to declare, in the case of the European regulator, the desire […]
The British pound ignored Theresa May’s victory yesterday, and the euro continued to decline gradually against the US dollar amid weak fundamental statistics on inflation, which binds the hands of the European Central Bank. Great Britain After a disastrous vote on Brexit in the British Parliament, Labor Party leader Jeremy Corbyn initiated a vote of […]
Large-scale graphics: The direction of the price trend of the cross since February of last year looks at the “south” of the chart. A large scale support zone has been reached. The wave structure looks complete. Medium scale graphics: The descending section of the chart from November 8 completed the wave of the trend of […]
On January 16, the GBP / USD pair gained about 20 bp. The amplitude of the instrument has decreased to a minimum, which is rather strange, given the scale of recent events in the UK. Yesterday, the parliament did not approve Theresa May’s resignation, but so far no reaction has been received to this event. […]
Wave counting analysis: On Wednesday, January 16, trading ended for EUR / USD by a decrease of 20 basis points. Thus, the uptrend of the trend, taking its beginning on November 12, takes an ambiguous and complex look. The wave takes the form of a diagonal triangle, but a further reduction of the instrument will […]
This is the Dukascopy Spike Controller for Thursday. As usual, we’ll provide you with the benchmark interbank price data for the 3 non-cross majors. Euro/Dollar’s daily average spread is point 35 pips. Maximum separation of three and a half pips took place during the past 4 hours. Rate movement has been relatively calm and the […]
Practical tech, that you can use and it looks great as well. If this sounds too good to be true, then keep watching, you might be surprised. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#267070 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV […]
4-hour timeframe Technical details: The senior linear regression channel: direction – down. The younger linear regression channel: direction – up. Moving average (20; smoothed) – up. CCI: 62.3314 The currency pair GBP / USD on Thursday, January 17, continues to be near its local maximums. No reaction to Theresa May’s defeat in Parliament and the […]
https://pepperstone.com/en/forex-news/market-review -GBP unmoved vs USD on Brexit uncertainty -NZD falls back on trade war concerns and weak data -Aussie home lending dips in November -Philly Fed Survey on Tap -German Industry pipes up on the consequences of a no deal -Global macro surprises and recent equity gains The overnight changes and price moves to be […]
4-hour timeframe Technical details: The senior linear regression channel: direction – up. The younger linear regression channel: direction – up. Moving average (20; smoothed) – down. CCI: -106.0778 The currency pair EUR / USD on Thursday, January 17, continues its weaker downward movement, as indicated by the blue bars of the Heikin Ashi indicator. Yesterday […]
To open long positions on EUR / USD, you need: The euro fell yesterday amid weak eurozone data. Today, you can take a closer look at purchases when forming a false breakdown at the level of 1.1375. However, it should be borne in mind that this will be the third test of this range, which […]
Trend analysis (Fig. 1). On Thursday, the work down with the first lower target 1.2823 is a rolling level of 23.6% (yellow dashed line). Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – down; – Fibonacci levels – down; – volumes – down; – candlestick analysis – down; – trend analysis – up; – […]
Eurozone The euro partially lose ground before the publication of the report on inflation in December, while the forecasts are still neutral, but a number of factors, such as a decline in manufacturing activity in Germany, a general fall in PMI in the eurozone and Brexit uncertainty, put pressure on the euro. Support for EUR/ […]
Morning Report: 07.00 London The British pound remains steady and in line with other pairs after Theresa May survived yesterday’s no confidence vote. The pound outperformed other currencies yesterday, particularly the euro which is lagging on growth concerns. The EUR/GBP dropped below 0.8850 for the first time since December and is holding those losses this […]
NZDUSD is continuing this week’s sell off with strong momentum, reaching a one-week low around 0.6730 and at the same time confirming the start of a bearish movement. The short-term bias looks negative as the MACD keeps losing ground below its red trigger line, while the RSI seems to be making its way down beneath its 50 neutral mark, moving towards […]
Theresa May survives the no-confidence vote, but sterling barely advances News the US will pursue a criminal case against Huawei are hurting sentiment Dollar extends gains versus euro as ECB officials sing a dovish tune May survives no-confidence vote, but sterling yawns Theresa May’s government survived the no-confidence motion in the House of Commons yesterday […]
The indecencies that happen in Foggy Albion can confuse anyone. Either by an overwhelming majority, respected people in parliament reject the option of a divorce agreement with a European dormitory, the next day they express support for the lady who brought this agreement to them the next day. Before the vote, Theresa May herself assured […]
