4-hour timeframe Technical details: The senior linear regression channel: direction – down. The junior linear regression channel: direction – down. Moving average (20; smoothed) – sideways. CCI: 46.7664 The GBP / USD currency pair has once again adjusted to the moving average line, but the bulls are still not strong enough to overcome it. The […]
4-hour timeframe Technical details: The senior linear regression channel: direction – down. The junior linear regression channel: direction – down. Moving average (20; smoothed) – sideways. CCI: 6.4182 The currency pair EUR / USD on Tuesday, December 18, corrected to the moving average line and Murray’s level of “2/8” – 1.1353, but could not overcome […]
GBP/USD is currently trading sideways with higher volatility at the edge of 1.2600 area from where the price is expected to push lower in the coming days. The pair is very sensitive to the BREXIT deal developments and the FED’s Rate Hike decision this week. In this context, certain volatility is expected in this pair […]
Key US indices lost more than 2% on Monday, so the S&P500 closed at the lowest levels since November. It is also worth to note the sales prevalence in the last few hours of the American session: with rare exceptions, we have seen such a dynamic since previous month. Primarily, this is due to a […]
Trend analysis (Fig. 1). On Tuesday, a downward movement is possible with a technique with the first goal 1.1307 – a historical support level (blue dashed line). Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – down; – Fibonacci levels – neutral; – volumes – down; – candlestick analysis is neutral; – trend analysis […]
Gold price bounced as expected from 38% Fibonacci retracement level. The price is now challenging the recent highs and could provide one more new higher high towards $1,260 if we manage to break above the resistance at $1,250.50. Red rectangles – resistance areas Green rectangle – major short-term support Blue rectangle- target if green rectangle […]
The S & P 500 broad market index lost 2.08% on Monday, updating the 12-month low. Despite the fact that the Fed’s plans to raise the rate at the last meeting this year were known in advance, investors see no chance of maintaining high economic growth next year. The main stated goal of the Fed’s […]
GBP / USD pair After yesterday’s, albeit insignificant price increase, price convergence opened with the Marlin oscillator on the daily chart. It opens up the prospect of price movement to the resistance of the price channel line of 1.2732 and to the resistance of the MACD line at 1.2900. For such a strong movement, good […]
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 – 18.12.2018 Related Posts:Bitcoin slides ahead […]
Risk Warning: 69.39% 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 […]
WTI futures plummeted to a fresh 15-month low during yesterday’s session, challenging the 48.50 level. The price exited from the narrow range that was holding in the preceding three weeks, continuing the strong downside structure in the short to medium term. Currently, the price remains below the 20- and 40-simple moving averages (SMAs) and the technical […]
Risk sentiment in dire straits; US stocks close at fresh lows, yen shines Dollar drops as Fed rate-hike expectations fade even further Kiwi buoyant after New Zealand’s business sentiment recovers S&P 500 closes at 14-month low as fear dominates greed Risk sentiment remained sour to start the week, in the absence of any clear catalyst, […]
You’re watching the Dukascopy Daily Trading Signals for Tuesday. Let’s see how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar has mostly neutral signals in both the short and long term charts. The mid term models are mostly pointing up, which is in line with the 17 percent long interbank sentiment. The […]
Morning Report: 07.00 London The dollar index remains weak as traders weigh up Trumps latest attack on the Fed ahead of a likely 0.25% rate hike this week. The dollar is down for the second day this week, helping the dollar pairs to lift higher. The AUD/USD is recovering, with the 0.7170 level acting as […]
Risk Warning: 69.39% 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 […]
GBPUSD has rebounded somewhat after falling to a 20-month low of 1.2475 on December 12 and momentum indicators are endorsing that the market sentiment might get better and create some gains in the daily timeframe. The RSI indicator is sloping slightly up in the negative territory, while the MACD oscillator is also looking to change […]
USD/JPY has been quite impulsive with the recent bearish momentum in the pair while residing between the price range of 111.50 to 114.50 area. Ahead of the federal funds rate decision, the FOMC Statement and the BOJ Policy Rate to be published this week, USD is expected to regain impulsive momentum against JPY in the […]
Facebook has posted five new items related to the Blockchain technology on its careers webpage in the last three weeks, two of which were added on December 5 and 6. Vacancies open to candidates include two positions as a software engineer, two data researchers, and a data engineer. All of them are full-time positions at […]
4h The EUR / USD currency pair reversed around the level of 1.1269 in favor of the European currency and the close above the fibo level of 100.0% – 1.1303. As a result, on December 18, the growth process can be continued in the direction of the correction level of 76.4% – 1.1423. There is […]
According to the data from Etherscan, the number of unique addresses of the Ethereum portfolio exceeded the threshold of 50 million. On Saturday, the Ethereum network recorded a daily increase of 168,506 unique cryptographic portfolios, following a steady upward trend this year. The highest historic daily increase in the unique addresses of Ethereum took place […]
https://pepperstone.com/en/forex-news/market-review -AUD, NZD make gains despite dovish RBA minutes -JPY on the front foot too, but INR slips again -A government shut down is looking possible in the USA -AMLO pledges a big rise in Mexico’s minimum wage -Trump criticises the Fed ahead of the FOMC meeting -What Fund Managers think, heading into 2019 The […]
After Friday’s rise to one and a half year highs, the dollar index today slowed down and returned to 96 points. The strengthening of the US currency was due to weak data from China and strong data from the US. However, the dollar rally did not continue due to the upcoming Federal Reserve meeting, the […]
4-hour timeframe The amplitude of the last 5 days (high-low): 253p – 158p – 195p – 77p – 137p. Average amplitude for the last 5 days: 164p (153p). On the first trading day of the new week, the pound sterling, following the euro, showed a strengthening. There were no good fundamental reasons for the strengthening […]
In this video, Chris Weston looks at three key variables driving markets 1) weakening global economics 2) falling liquidity 3) moves in the USD, and puts forward the case that in 2019 we should see a weaker USD and gold upside Related Posts:Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500… April 16, 2024 We introduce […]
4-hour timeframe The amplitude of the last 5 days (high-low): 92p – 94p – 72p – 62p – 95p. Average amplitude for the last 5 days: 83p (77p). The EUR/USD currency pair continued its upward movement on Monday, December 17, which started at the end of Friday. Initially, it was interpreted as a correction, but […]
Last week, the pair continued to fall, and by the close of trading it was trading below the weekly KZ 0.6815-0.6829. This suggests the need to hold a short position until the next target zone Today, the test of NKZ 1/4 0.6815-0.6812 took place. If the pair continues to fall from the current levels, sales […]
Last week, the pair was quite volatile and was able to overcome the average value of the move three times in the flat range. This indicates the formation of a significant accumulation zone, where the main levels will be the previous week’s extremes. At the beginning of this week, the pair is trading in the […]
Cryptocurrency bull Tom Lee says bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder said he made the assessment by considering the number of active wallet addresses, usage per account, and supply metrics. “Fair value is significantly higher than the current price of […]
On behalf of XM, we are sending our clients our warmest greetings for the upcoming winter holiday season, and as the year 2018 is soon coming to an end, we also wish every XM client a Happy New Year in 2019 with health, fulfilment and success. Kindly view the trading and customer support hours during […]
According to the final data of the European statistical agency Eurostat, annual inflation in 19 eurozone countries fell from the October level of 2.2% to 1.9% in November (1.5% in 2017). Experts predicted that consumer price growth would be 2%. Annual inflation throughout the European Union slowed from 2.2% in October to 2% in November. […]
