Gold price is challenging its recent highs. Price did not move as low as $1,270 as we initially expected maybe because the corrective pattern followed was a triangle. Trend remains bullish as long as price is inside the bullish channel. Green rectangles – support areas Purple lines – bullish channel Black lines – triangle pattern […]
Trend analysis (Fig. 1). On Thursday, downward work with the first lower target of 1.2751 is possible – a recoil level of 14.6% (blue dotted line). Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – down; – Fibonacci levels – down; – volumes – down; – candlestick analysis – down; – trend analysis – […]
EUR/USD has finally broken above and out of the trading range it has been in for the last two months. This is a bullish sign. We could see a pullback as a back test towards 1.1450-1.1480 but I remain bullish on EUR/USD looking for at least a move towards 1.17. Light blue dots – medium […]
Trading plan for 10/01/2019: Chinese data disappoints the global investors Trade was non-directional during the Asian session. USD generally remains weak under the influence of a mix of factors: change in Fed tone, government shutdown, technical break. The sentiment in Asia temporarily broke down the weaker data from China, but over time the stock exchanges […]
https://pepperstone.com/en/forex-news/market-review -GBP and EUR retreat vs USD -AUD continues to gain vs the greenback as does the real BRL -French industrial production slumps under forecasts -UK retailers report tough holiday trading -Job cuts announced at European car makers -Powell and Clarida to speak today -Fitch warns on US debt ratings The overnight changes and price […]
This is the Dukascopy Spike Controller, where we help you get the best deals from your broker. Euro/Dollar’s daily average spread is point 36 pips and peak separation has been 3.3 pips. The pair broke through the 1.15 level in a sharp rise as it gained more than one percent or 131 pips. Despite the […]
Las Vegas hosted the 2019 Consumer Electronics Show. You can see what gadgets and gear made a real impression at the event by watching the Dukascopy TV IT Industry Catch Up. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#266467 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: […]
The UK economy will be in focus on Friday as November data on monthly GDP, industrial output and trade are due at 09:30 GMT. But with the crucial Parliamentary vote on Theresa May’s much-criticised Brexit deal coming up just a few days later, the normally closely-watched indicators may fail to generate notable reaction in forex […]
The publication of the hopelessly outdated FOMC protocol for the December meeting did not lead to an increase in volatility since all changes in rhetoric were already repeatedly announced in recent weeks by a number of Committee members. The market has received confirmation that the Fed is preparing to “become patient,” that is, plans to […]
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: 88.3026 The currency pair GBP / USD on Thursday, January 10, resumed its upward movement, but the strengthening of the British pound is minimal against the US dollar, […]
NZDUSD has recovered substantially after the selling interest from the 0.6968 barrier, almost hitting the 61.8% Fibonacci retracement level from 0.6968 to 0.6560, around 0.6812. Currently, the price is trading well above the 20- and 40-simple moving averages (SMAs) in the 4-hour chart. However, the technical indicators are suggesting flat to bearish movement as the RSI is sloping down in the positive zone […]
Dollar falls sharply after Fed signals it will be “patient”; a slew of key speakers will be in focus today Euro advances, and attention now turns to the ECB minutes at 1230 GMT BoC stands pat, keeping further gradual hikes on the table China stokes trade optimism, but US stock futures flashing red Dollar capitulates […]
The dollar was quite briskly losing its position largely because of the content of the text of the minutes of the meeting of the Federal Commission on Open Market Operations. And it lost its position in relation to all currencies, and most of all to the single European currency, which could boast yesterday with data […]
4h The EUR / USD currency pair reversed in favor of the European currency and consolidated above the correction level of 50.0% – 1.1517. Thus, the growth of quotations continues in the direction of the next correctional level of 61.8% – 1.1587. Rebounding the pair from the Fibo level of 61.8% on January 10 will […]
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 […]
Good Morning it’s Thursday and time for the daily trading signals brought to you by the Dukascopy TV team. Euro/Dollar’s technical studies are mostly neutral in the hourly chart. Both the mid and long term studies are pointing up, which is in line with the nearly 50 percent long interbank sentiment. The Cable has 4 […]
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 – 10.01.2019 Related Posts:Energy in Focus: […]
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 […]
USDJPY is recording its second day of losses after a failed attempt to break significantly above the 109 round level on Tuesday. Chances for a reversal, however, are decreasing as the 20-day simple moving average dropped below the longer-term 200-day MA after six months, while the red Tenkan-sen line has a steeper negative slope now, suggesting that […]
GBP/NZD Today, January 10, there is a wonderful prospect of a mid-term decrease in the GBP/NZD pair. On the monthly chart, the price decreases from the balance line, failing to overcome it. On the weekly chart, the price also moved down from the balance line last week. On the daily chart, the price slides down […]
GBP / USD pair The British Pound continues to make efforts to reach any significant level before the parliamentary vote on an agreement with the EU. The situation on this issue remains negative but parliamentarians are not going to make concessions. Still, it’s not without the help of the dollar, which yesterday lost ground due […]
GBP/JPY will remain in the uptrend as long as support at 137.59 is able to protect the downside. With this intact support, we continue to look for the renewed upside pressure through minor resistance at 138.60 for a continuation higher to 139.41 and the perfect target for the wave i near 140.96. Only a break […]
EUR/JPY is fighting to break clearly above resistance at 124.86. As long as support at 124.09 is able to protect the downside, we continue to look for more upside pressure towards the ideal target for the wave i near 127.09, before a more substantial correction should be expected. However, if support at 124.09 is broken, […]
Morning Report: 07.00 London Despite Stock markets staging a recovery, the safe haven of the Japanese yen is in demand this morning. The USD/JPY is lower for the second straight day following yesterday’s reversal from the 109.00 level. The EUR/JPY is struggling to break through 125.00, while the GBP/JPY is set to test support at […]
When the European market opens, some economic data will be released such as French 10-y Bond Auction, Italian Retail Sales m/m, and French Industrial Production m/m. The US will also publish the economic data such as 30-y Bond Auction, Natural Gas Storage, and Unemployment Claims, so amid the reports, the EUR/USD pair will move with […]
In Asia, Japan will release the Leading Indicators, and 30-y Bond Auction. The US will also publish some economic data such as 30-y Bond Auction, Natural Gas Storage, and Unemployment Claims. So there is a probability that the USD/JPY pair will move with a low to a medium volatility during this day. TODAY’S TECHNICAL LEVEL: […]
The head of the Federal Reserve Bank of Atlanta, Raphael Bostic, put dollar bulls into a real knockout with his statement about the prospects of monetary policy. Considered a “hawk”, Bostic stunned traders by admitting the likelihood of a reduction in interest rates. And although this year he does not have the right to vote […]
4-hour timeframe The amplitude of the last 5 days (high-low): 134p – 192p – 211p – 72p – 93p. Average amplitude for the last 5 days: 140p (134p). The British pound sterling on Wednesday, January 9, slightly increased against the US currency, but not as much as the euro added. This suggests that the reaction […]
4-hour timeframe The amplitude of the last 5 days (high-low): 172p – 102p – 73p – 87p – 63p. Average amplitude for the last 5 days: 99p (96p). The EUR/USD currency pair on Wednesday, January 9, in the European trading session was trading in an absolutely calm way. However, with the opening of the US […]
Experts of the American financial company Goldman Sachs Group Inc (NYSE: GS) believe that iron ore prices may fall to $ 60 per ton in the next six months. Earlier, in December, the cost of iron ore increased by 11%, showing a record increase over the last year. At the same time, growth did not […]
