To open long positions on the GBP / USD pair, you need: Buyers completed the installation for the first half of the day and broke above 1.2620, which led to a new wave of pound growth. At the moment, a breakthrough and consolidation above resistance 1.2667 is needed which will allow us to count on […]
To open long positions on EUR / USD pair, you need: In the first half of the day, the buyers coped with the task of fixing the resistance above 1.1375 and much will depend on what the ECB President Mario Draghi says during the press conference. It is the tone of his statements that will […]
The sterling jumped in overnight trading after Theresa May survived a coup from her party. Yesterday, pro-Brexit MPs against her leadership secured the required 48 votes to trigger a vote of no confidence against the prime minister. After passing all the procedures, conservatives voted on whether they wanted her to remain as the party leader […]
Switzerland is one of the most important European country. It is known for its important financial services and manufacturing industries. It is also known for its unique political direction in which it opts for direct democracy. It is also known for its neutrality, which has made the country avoid the many geopolitical issues of the […]
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EURAUD is losing some ground after the sharp upside rollercoaster in the preceding week. The price struggles below the 1.5880 resistance level and above the 23.6% Fibonacci retracement level of the upleg from 1.3620 to 1.6350 around 1.5708. The RSI indicator is moving sideways above the 50 level, while the stochastic is heading south. If […]
Since Mid-November, the GBP/USD pair failed to establish a successful bullish breakout above the price level of 1.2880 (the upper limit of the depicted consolidation range). On the other hand, two unsuccessful bearish breakout attempts were demonstrated below 1.2720 during last week’s consolidations. During Friday’s consolidations, the GBP/USD pair failed to fixate above 1.2780 (79.6% […]
On the weekly chart, the EUR/USD pair is demonstrating a high-probability Head and Shoulders reversal pattern where the right shoulder is currently in progress. On the Daily chart, the pair has been moving sideways with slight bearish tendency. Recent bearish consolidations have been maintained within the depicted daily movement channel since June 2018. On November […]
The euro returned to growth after Italy announced that it would reduce its budget spending, although traders remain cautious in anticipation of the monetary policy meeting of the European Central Bank. In general, the world markets started the day positively against the background of easing tensions between the US and China and expectations that China […]
Let’s take a look at the potential FX market movers scheduled for publication on this week’s final trading day. Flash Euro area PMI run for December opens this agenda at a quarter past 8 in the morning when the French stats will be published. Flash German PMI statistics will then be available fifteen minutes later, […]
https://pepperstone.com/en/forex-news/market-review -GBP rebounds as PM May survives -AUD and NZD edge higher vs USD -Dollar index back below 97 -Swiss and Turkish rate decisions -ECB rates decision and press conference on tap -The uneven landscape of global growth The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. New […]
The Eurozone’s flash PMIs from IHS Markit will be hitting the headlines on Friday at 0900 GMT. The closely watched indicators of economic activity in the euro area have been pointing downwards since the turn of the year, but there have been some signs lately that growth is at a turning point. While the euro […]
Overview: The NZD/USD pair broke resistance which turned into strong support at the level of 0.6705 this week. The level of 0.6705 coincides with a golden ratio (61.8% of Fibonacci), which is expected to act as major support today. The Relative Strength Index (RSI) is considered overbought because it is above 70. The RSI is […]
Yesterday, the British Prime Minister gained annual immunity from the actions of her opponents. Late in the evening, the parliament announced her a vote of confidence. Now, this question has been removed from the agenda for a long time, although earlier the likelihood of impeachment had disturbed traders and put pressure on the pound. After […]
According to experts, an important event on Thursday, December 13, will be a meeting of the European Central Bank (ECB). The main topic of the meeting is the question of the key interest rate, which will remain unchanged. The regulator also plans to announce the completion of a three-year anti-crisis program to stimulate the economy […]
Over the past 48 hours, the Bitcoin price has stabilized at around $3,400 after dropping to a new yearly low at $3,210 on December 7. On a weekly basis, Bitcoin (BTC) is up six percent from $3,210 to $3,400 but the cryptocurrency market has lost $14 billion of its valuation against the U.S. dollar mostly […]
Let’s assess the impact of news releases on the spread levels in this edition of the Dukascopy Spike Controller. Euro/Dollar’s daily average spread is point 36 pips and maximum separation has been 2.9 pips. The pair pushed towards the 1 14 level as it gained point 61 percent or 69 pips. Spreads have been mostly […]
Bitcoin is currently residing above $3,400 area after rejecting off the $3,500 area recently under impulsive bearish pressure. The price is currently being held by the dynamic levels of resistance including 20 EMA, Tenkan, and Kijun line while residing inside the Kumo Cloud that is expected to lead to certain bullish pressure towards $3,500 area […]
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 – 13.12.2018 Related Posts:Bitcoin slides ahead […]
The demand for risky assets is gradually recovering, supported by the US-China’s “trade truce” which is not in hurry to ends. Futures on S&P500 rose by 0.4% this morning, after growth by 0.8% the day earlier. The Shanghai A50 is growing by more than 2% in hope of Chinese government stimulus. Positive dynamics of stock […]
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 […]
NZDUSD has reversed back up again following the pullback on the 23.6% Fibonacci retracement level of the upleg from 0.6423 to 0.6968, around the 0.6835 support level. Currently, the price is testing the 20-day simple moving average (SMA) near 0.6873, which is acting as strong resistance level for the bulls. The stochastic oscillator is approaching […]
We are very pleased to announce the commencement of a new intensive forex trading seminar series in the Philippines as of February 2019, which is to reach a great number of cities in the Southeast Asian country with the aim to offer high-standard free education to online investors. The very first event destinations of the […]
Sterling advances as PM May survives leadership contest, but sustained rally unlikely ECB meets today; Draghi’s tone will be crucial for the euro SNB meets as well, likely to maintain a dovish stance Meanwhile, reports China may open its economy boost risk sentiment Pound soars as May survives, but odds of a sustained rally slim […]
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 […]
Theresa May has found an elegant way to avoid a shameful resignation, as well as another democratic way of appointing the prime minister, that is, without a general election, as she herself was appointed. Accidentally nicknamed the “Iron lady – 2”, she came to the rostrum of the House of Representatives and solemnly declared that […]
Morning Report: 07.00 London The British pound is at least stable after a recovery rally yesterday on the back of May’s confidence vote victory. While this offered some small relief for sterling, the pound remains close the lows for the year. The parliamentary vote still needs to be overcome, with the prospect of a ‘no […]
Let’s see how the interbank compares with the technicals at 8 AM GMT on this Thursday. Euro/Dollar’s short and mid term models are mostly pointing up. Daily range brings 4 neutral signals, which is in line with the less than 7% long interbank sentiment. The Cable has 4 green signals in the hourly range. Mid […]
USDJPY has been facing buying interest after the rebound on the 23.6% Fibonacci retracement level of the upleg from 104.60 to 114.55, around the 112.30 support. The pair remains above the long-term ascending trend line, however, the technical indicators are moving with weak momentum. The RSI is pointing marginally up in the bullish zone, while the MACD oscillator […]
Breaking forecast 12/13/2018 EURUSD: We are waiting for movement on the ECB. On Thursday, two important events: the EU Summit (emergency) on Brexit and the ECB decision. The euro is in a long range and is very likely to breakthrough and begin a strong movement. We are ready to buy the euro from 1.1400, stop […]
