It appears that the Central Bank of Australia will keep interest rates at the current level, at least until mid- 2020, the recent series of weak economic data eliminated any likelihood of an earlier rate hike. Last week, the Reserve Bank of Australia (RBA) left rates at a record low of 1.50 percent, for 28 […]
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 […]
World markets are starting a new week with a decline. Futures on American S&P500 sank to levels where they have not steadily been since May. Shanghai’s Stock Exchange Blue chip index A50 slid to the lows of June-November. Japanese Nikkei225 sank to its local minimums. Market reaction to weak statistics has added to anxiety around […]
Good morning, traders, the Dukascopy TV team is here with Monday’s Daily Trading Signals. Euro/Dollar has 6 neutral signals in the hourly chart. The mid and long term technicals are mostly pointing up. Interbank sentiment is neutral, matching the hourly signals. The Cable’s short and long term charts both have 4 neutral signals. 5 studies […]
Stocks in the red as Huawei story ramps up trade concerns Pound on the back foot ahead of GDP growth data; May could delay Brexit vote in Parliament OPEC-Non-Opec members set supply cut but global growth concerns weigh Huawei story continues, pushing stocks lower On Sunday, the Chinese government summoned the American ambassador in protest […]
Trend analysis (Fig. 1). On Monday, the upward movement to 1.2774 – 13 is the average EMA (yellow thin line). Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – up; – Fibonacci levels – up; – volumes – up; – candlestick analysis is neutral; – trend analysis – up; – Bollinger lines – down; […]
Trading plan 10.12.2018 Overall picture: the pound is in the spotlight. On Tuesday, December 11, the markets are waiting for a decisive vote in the British Parliament on the EU-British agreement on Brexit terms. The agreement has already been signed by the EU and British Prime Minister Theresa May – but must be approved by […]
On Monday, upward movement with the first target of 1.1448 is possible – the rolling level of 38.2% (yellow dotted line). Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – up; – Fibonacci levels – up; – volumes – top; – candlestick analysis – down; – trend analysis – up; – Bollinger lines – […]
EUR/AUD is approaching its resistance at 1.5979 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.5745 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected. EUR/AUD is approaching its […]
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 […]
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 – 10.12.2018 Related Posts:Bitcoin slides ahead […]
AUD/CAD is approaching its support at 0.9529 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.9646 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur. AUD/CAD is approaching its support where […]
Breaking forecast 10.12.2018 EURUSD: there is a signal for growth. Last week, the euro broke through an important level of 1.1420 to the top. On Monday morning, the breakthrough received confirmation We keep buying from 1.1365 and 1.1420. The target is 1.1620. In the new week, important events: on Tuesday, we expect a fundamental vote […]
To open long positions on EURUSD you need: Angela Merkel left, and the euro rose. An interesting twist, of course. In order to continue the upward trend, a breakdown and consolidation above the resistance of 1.1444 is required, which will lead to a larger upward trend with the update of the highs of 1.1471 and […]
While moving up, the price could not reach the 13th average EMA (yellow thin line). The market was waiting for the main news of the week on Friday. There are new jobs but working out the news turned out to be weak, although it came out in accordance with the forecast. An upward movement is […]
To open long positions on GBP / USD you need: A weak data on UK GDP will be released today in the first half of the day which will lead to a surge in market volatility, but all attention will be focused on tomorrow’s decision on Brexit. For purchases, the support area of 1.2702 is […]
Morning Report: 07.00 London The dollar index is now on the back foot this morning after earlier strength that saw most dollar pairs gap lower at the open. China trade tensions and Brexit uncertainty are driving much of this move. The AUD/USD has made its morning gap lower and is now higher for the morning. […]
EURUSD has reversed back up after finding support at the 1.1265 barrier, successfully surpassing the 20- and 40-simple moving averages (SMAs) in the daily timeframe. Price advanced above the 1.1400 handle and is set to complete the fourth green day in a row, approaching the long-term descending trend line. The bullish bias is further supported […]
After an agreement on an actual truce in the trade war for 90 days was signed between Beijing and Washington at the G20 meeting, the market’s attention finally switched to the possibility of a likely pause in the Federal Reserve’s interest rate hike in early 2019. This idea began to gain a foothold in the […]
AUD / USD pair The Australian dollar has been falling for five days in a row and found support on the MACD line on the daily timeframe. Today’s growth of the “Australian” is a reaction to the general weakening of the US dollar, although the APR stock indices are declining. Obviously, the Australian investors are […]
Last week’s movement is impulsive. The closing of trading took place near the monthly short-circuit, which indicates a high probability of demand in case of an early test zone. Last week there was a strong fall of the pair by 2.5% from the high of December. This suggests that the bearish momentum will continue in […]
Last week, the formation of the medium-term accumulation zone continued. It is important to note that there is an update of weekly highs, while at least November has not been tested. This indicates the continuation of the formation of the priority bullish model. Earlier this week, the main focus of trade remains growth. This is […]
EUR/USD On Friday, the US labor data came out good, but the market’s reaction to them as an indicator of investor sentiment towards the upcoming vote of the British parliament on the May-EU deal, which we talked about in the last review, didn’t become indicative, as Fed representatives Brainard spoke at the end of the […]
https://pepperstone.com/en/forex-news/market-review -Gains for EUR and GBP vs USD -Losses for AUD NZD and CAD but MXN and JPY are stronger -A bail hearing for Meng Wanzhou -ECJ on Article 50 -The US sets a trade talk deadline -Stock market returns and US economic growth The overnight changes and price moves to be aware of by […]
When the European market opens, some economic data will be released such as Sentix Investor Confidence, Italian Industrial Production m/m, German Trade Balance. The US will publish the economic data too such as JOLTS Job Openings, so amid the reports, the EUR/USD pair will move in a low to a medium volatility during this day. […]
In Asia, Japan will release the Economy Watchers Sentiment, Final GDPq/q, Final GDP Price Index y/y, Current Account, Bank Lending y/y and the US will publish some economic data such as JOLTS Job Openings. So there is a probability that the USD/JPY pair will move with a low to a medium volatility during this day. […]
Will Brexit Spoil GBP and More FX Risk Aversion Ahead? The last month of the year kicked off with a bang but not in the way that many of us would have hoped. Equity markets sold off across the globe and in the world of currencies, the U.S. and Australian dollars were the worst performers. […]
Will Brexit Spoil GBP and More FX Risk Aversion Ahead? The last month of the year kicked off with a bang but not in the way that many of us would have hoped. Equity markets sold off across the globe and in the world of currencies, the U.S. and Australian dollars were the worst performers. […]
Will Brexit Spoil GBP and More FX Risk Aversion Ahead? The last month of the year kicked off with a bang but not in the way that many of us would have hoped. Equity markets sold off across the globe and in the world of currencies, the U.S. and Australian dollars were the worst performers. […]
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 – Weekly financial news – 09.12.2018 Related Posts:Weekly Forex Outlook: […]
