Overview: Pivot point : 0.9879. The USD/CHF pair continues to move upwards from the level of 0.9845. Yesterday, the pair rose from the level of 0.9845 to a top around 0.9879. Today, the first resistance level is seen at 0.9925 followed by 0.9965 , while daily support 1 is seen at 0.9845 (61.8% Fibonacci retracement). […]
Wave counting analysis: On Tuesday, January 15, trading the EUR/USD pair ended with a decrease of 60 basis points. Thus, the current uptrend of the trend beginning on November 12, may take a more ambiguous and complex look, and although the whole wave may take the form of a diagonal triangle, such a strong instrument […]
It’s time for another edition of the Dukascopy Spike Controller, where we take a closer look at the spread levels for the 3 non-cross majors. Euro/Dollar’s daily average spread is point 34 pips and peak separation has been 2.2 pips. The pair dropped yesterday by a total of point 64 percent or 73 pips to […]
Bank of America stock price has had one of the best trading sessions over the last three consecutive weeks, following the pullback on the 19-month trough of 22.62. The price touched the 26.75, a one-month high, and the upper Bollinger Band in Tuesday’s trading period. The technical indicators are still located in bullish area in the daily chart, with the RSI […]
Sterling recovers despite May’s Brexit defeat; no-confidence vote due today Euro inches down as ECB’s Draghi adopts an increasingly cautious bias Risk appetite stays firm; NAHB housing index today may be crucial Pound rebounds even as May suffers major defeat; no-confidence vote called British lawmakers overwhelmingly voted against PM May’s Brexit deal yesterday, with 432 […]
Large scale graphics: At the end of the downtrend since the beginning of September last year, a bullish wave pattern has been formed, which has a reversal potential. The wave has the wrong appearance of its structure. From the end of October, the middle part of the wave (B) is formed. Medium scale graphics: From […]
To open long positions on GBP/USD you need: The British pound regained its position after yesterday’s decline. The British Parliament voted against the Brexit agreement, which was quite expected and did not lead to significant changes in the market. Purchases of GBP/uSD today can be seen after the formation of a false breakdown in the […]
To open long positions on EURUSD you need: The euro fell yesterday against the backdrop of statements by European Central Bank President Mario Draghi about the need to further stimulate the eurozone economy. Today, it is possible to take a closer look at euro purchases when a false breakout is formed at the level of […]
Good morning, traders, you’re watching the Dukascopy Daily Trading Signals for Wednesday. Euro/Dollar’s hourly studies show mixed results. The technical outlook is bearish in the mid-term and 5 studies are neutral in the daily range. Interbank sentiment is bullish at 31 percent long. Pound/Dollar’s short and mid term charts bring 5 and 4 neutrals respectively. […]
Trend analysis (Fig. 1). On Wednesday, work upwards with the first upper target of 1.2931 – upper fractal. Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – up; – Fibonacci levels – up; – volumes – up; – candlestick analysis – down; – trend analysis – up; – Bollinger lines – up; – weekly […]
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 […]
Morning Report: 07.00 London It has been a volatile 24 hours for the British pound, with the last night’s Brexit vote culminating in a larger defeat than expected for Theresa May’s proposal and the prospect of a no confidence vote. Markets have taken a positive interpretation on this, that the government will have to take […]
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 […]
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 – 16.01.2019 Related Posts:Energy in Focus: […]
We would like to inform you that due to Martin Luther King Jr. Day and Australia Day, both of which take place in January, the trading hours of various instruments will be affected on 21 and 28 January 2019. Please view the tables below to see which instruments will be affected and how: Instrument 21/01 […]
AUDUSD is continuing its slightly upside tendency following the rebound on the decade low of 0.6746, recording a one-month high of 0.7235. The price has successfully surpassed the 20- and 40-simple moving averages (SMAs) confirming another possible upside wave in the market. The short-term bias looks positive as the MACD keeps gaining ground above its […]
Market sentiment in Asia varies between better and worse. Chaos around brexit does not help to develop a stronger rebound of risky assets, but there are no signs of stronger sales. There was more evidence of the state’s activity in the economic sphere in China. The Ministry of Trade announced that it would take steps […]
Trend analysis (Fig. 1). On Wednesday, the price will move down. The first lower target 1.1383 is a lower fractal and then a rolling level of 61.8%. Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – down; – Fibonacci levels – up; – volumes – up; – candlestick analysis – up; – trend analysis […]
EUR/USD fell below 1.14 yesterday towards 1.1380 staying inside the bearish short-term channel we showed yesterday. So far the move above 1.15 looks like a fake break out and we explained, this would mean a move back towards 1.1320. Red rectangle – upper trading range boundary (resistance) Black line – trend line support EUR/USD has […]
According to reports, Vontobel is the third largest financial services provider in Switzerland. Its assets are valued at around 110.3 billion Swiss francs. The institution claims that it is the first bank in the world that meets the requirements of industry regulators and financial intermediaries. The new tool, called the “Digital Asset Vault”, allows banks […]
Gold price remains inside the short-term triangle pattern. Medium-term trend remains bullish. If the triangle breaks to the upside we should expect Gold price to reach $1,310-$1,320. This is the most probable scenario. If Gold breaks to the downside we should expect prices to move towards $1,270 or lower. Green rectangles – support areas Purple […]
Two important news led to a decline in the euro on Tuesday: – British Prime Minister Theresa May received a crushing blow from Parliament – her agreement with the EU failed in the vote with a crushing score of 420 against 202 – the worst result of voting for the government bill in 100 years. […]
During the evening vote on the current version of the Brexit agreement, Theresa May has suffered a devastating defeat. Only 202 parliamentarians voted for her planned divorce with the European Union, 432 were against. Shortly after the results, May gave a speech to the politicians gathered in the House of Commons suggesting that the government […]
https://pepperstone.com/en/forex-news/market-review -UK PM May suffers massive defeat on Brexit -A vote of confidence is called by the opposition -GBP largely unchanged overnight on the news -China adds liquidity -A New York drug trial shines a light on possible corruption -The govt shutdown and the US economy The overnight changes and price moves to be aware […]
GBP/USD The results of the parliamentary vote on the May-EU agreement failed the project – 202 deputies voted in favor, 432 voted against. But, as expected, the EU promptly responded to this event and the first information on the alliance’s readiness to postpone the launch of Brexit was held in the second half of June. […]
Britain Pound Great vs US Dollar ____________________ The development of the movement of the currency instrument GBP / USD in the period of January 15-22, 2019 Marking options for movement within the this zone of balance forks. ____________________ Downward of the Perspective Development Movement (sell) Breakdown of the support level of 1.2820 (lower limit of […]
Euro vs US Dollar ____________________ movement development of the single currency by European EUR / USD in the period 15_22 January 2019 is of due to perfecting the a levels Boundaries balance area ( 1.1365 <-> 1.1400 <-> 1.1435 ) Fork Operational scale Minuette. The Marking options for movement Within a Given Equilibrium zone forks […]
The agreement signed by Teresa May with the EU on the terms of relations after Brexit, deafeningly failed in the British Parliament: Against 432 votes and only 202 for. Opposition leader Corbin called for early elections. The question of confidence in the government will be put to the vote on Wednesday, January 16. The material […]
The GBP/JPY pair is approaching its resistance at 140.20 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 136.89 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is nearing its resistance at 98% where a corresponding reversal is anticipated. GBP/JPY is […]
The foreign exchange market in anticipation of key events of today, month, and possibly – the year. The British Parliament will deliver its verdict on Brexit late tonight (and possibly late at night), so today’s trading is cautious and quite volatile. In particular, at the beginning of the US session, the euro/dollar pair surprised traders […]
