Large scale graphics: Since February of this year, the wave of the main trend is moving down. However, the recoil less potential of the movement has been exhausted. From powerful support towards the opposite structure is formed, there’s at least a correction. Medium scale graphics: A month ago, the bear wave started actively. The high […]
Experts of Bank of America (BofA) believe that next year the dollar may become noticeably cheaper against the euro and the yen. “After the interest rate of the Fed reaches 3.5%, cash will become a more profitable asset than securities,” representatives of the financial institute said. “It is expected that by the end of 2019, […]
https://pepperstone.com/en/forex-news/market-review -AUD and ZAR hit hard -The Dollar gains versus the yuan and peso -European equities sell-off -Canada arrests a Chinese executive for the USA -Theresa may delay that Brexit vote -Just how many Fed rate rises will we see in 2019? The overnight changes and price moves to be aware of by Pepperstone’s Market […]
Keep your broker on a short leash by watching Dukascopy Spike Controller for this Thursday. Euro/Dollar’s daily average spread is point 35 pips and maximum separation has been 1.1 pips. The pair has been mostly trading sideways and the biggest move was a decline of point 44% or 50 pips yesterday. Spreads have been relatively […]
NZDUSD has been underperforming in the past days, drifting lower from the five-month high of 0.6968 and below the 20- and 40-simple moving averages in the 4-hour chart. In the short term, technical indicarors point to more weakness, with the RSI dropping to bearish territory below 50 and the MACD losing further ground below the […]
Yesterday can be described as a meaningless fuss, because against the background of throwing the pound and the euro from side to side, in the end, all remained with their own. In part, this result is caused by the mourning day in the United States on the occasion of the funeral of George Bush Sr., […]
On Wednesday, panic sales in global stock markets continued. Despite the fact that in the US markets were closed due to mourning, S & P500 futures fell by more than 2%, while the European stock indices lost an average of 1 to 2%. Therefore, the decline in government bond yields intensified. The negative was reinforced […]
Trend analysis (Fig. 1). On Thursday, the downward movement with the first goal of 1.2658 is the lower fractal. However, much will depend on the news. Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – down; – Fibonacci levels – down; – volumes – down; – candlestick analysis – up; – trend analysis – […]
On Thursday, the 6th of December, the macro calendar is rich in important data releases, so the global investors should keep an eye on German Factory Orders data, ADP Non-Farm Employment Change data form the US, Housing Starts and Trade Balance data from Canada and ISM Non-Manufacturing data form the US. There are speeches scheduled […]
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 […]
Chinese markets and futures for S&P500 has started trading on Thursday with a falling by about 2% after reports that Canada arrested CFO of Huawei, Chinese IT giant, with intention of extraditing her in the United States. This news sparked fears of a new spiral of tightening rhetoric between the world’s largest economies, returning the […]
Risk appetite crumbles as US arrests Huawei CFO, generating worries of re-escalation in the trade conflict Today, all eyes are on OPEC’s meeting (1200 GMT); expectations for a production cut are elevated Loonie nosedives to a 1½-year low as BoC shifts to a more cautious stance Risk appetite falters on fears of “trade war” re-escalation […]
Trend analysis (Fig. 1). On Thursday, a downward movement is possible with the first goal which is channel 1.1301 (lower fractal) – 1.1301 historical support level (blue dashed line). Moreover, breaking this channel down is unlikely. Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – up; – Fibonacci levels – neutral; – volumes – […]
To open long positions on GBP/USD you need: The sharp rise in the pound is replaced by a fall. It has long been a familiar scenario for us. At present, a breakthrough of resistance at 1.2732 will be a signal to buy the pound with a close to yesterday’s high of 1.2795, where I recommend […]
To open long positions on EURUSD you need: Volatility is gradually decreasing, and investor uncertainty is growing due to concerns about trade policy, budget deficits, and rising US interest rates. The eurozone economy also does not show decent results, which pushes investors away from euro purchases. Buyers of the European currency today can only rely […]
These are the Duakscopy Daily Trading Signals for Thursday. Let’s see how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar’s 1 and 4-hour signals are mostly red, but the technical outlook is neutral in the long term chart. Interbank sentiment is less than 1% long, matching the daily indicators. Pound/Dollar has red […]
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 – 06.12.2018 Related Posts:Energy in Focus: […]
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 […]
USDJPY seems to be moving within a symmetrical triangle in the daily chart, creating lower highs and higher lows. In the short term, momentum indicators suggest that the bias is neutral to bearish as the RSI hovers marginally below its neutral threshold of 50, while the MACD has already crossed below its red signal line […]
The Bank of Canada (Bank of Canada, BoC) decided on Tuesday, December 5, to keep the target overnight interest rate unchanged at 1.75%, in line with expectations of financial markets and investors. The comments included in the monetary policy statement, however, caused the Canadian dollar rate to weaken significantly, testing the lowest levels against the […]
Gold price is at the important resistance area of $1,239-43.50. Trend remains bullish in the short-term as price remains inside the bullish channel. Blue area -major resistance Purple lines – bullish channel Green line -major trend line support Blue line – important short-term trend line support Gold price has not made any progress yesterday as […]
EUR/USD remains trapped inside the triangle pattern but it is running out of space. Although the most probable outcome would be to break to the downside towards 1.12-1.11, we should not ignore the upside potential towards 1.15-1.1560. Red line- resistance Green line -support EUR/USD is trading below the Ichimoku cloud and inside a triangle pattern. […]
According to reports the British newspapers, the second largest stock exchange in the world, the Nasdaq confirmed plans to launch Bitcoin futures – this will be done in the first half of 2019. Yesterday’s confirmation of Joseph Christinat, vice president of the Nasdaq media team, explained that the launch of this requires the approval of […]
Morning Report: 07.00 London Markets have been hit by a wave of risk-aversion on the arrest of Huawei CFO Meng Wanzhou. The yen is in demand, along with safe haven favourite the Swiss franc. Yen pairs are on the back foot, led by the rapid collapse of the AUD/JPY which is being hit due to […]
NZD/USD The growth of the New Zealand dollar ended this week’s testing areas of convergence of the Krusenstern line with a Fibonacci level of 76.4% on the weekly scale chart. Currently, the price is already below the indicator line of balance. The objectives of the decline also accept Fibonacci levels: 110.0% – 0.6702, 123.6% – […]
EUR/USD On Wednesday, the markets continued to storm, but this storm has definitely subsided. The dollar index at the end of the day has not changed in price, as well as the euro. A number of other currencies, in particular the Canadian and Australian dollars, declined smoothly and predictably. Perhaps now, peace will come to […]
The euro-dollar pair shows a weak correction growth, primarily due to a small strengthening of the single currency. Renewed optimism about the prospects for Brexit, as well as negotiations between Rome and Brussels on the resolution of the Italian budget problem provide temporary support for the euro, while the dollar index could not gain a […]
The European Commission (EC) on Wednesday, December 5, published a plan to strengthen the global role of the euro in world markets. EC Vice President for the Euro and Social Dialogue Valdis Dombrovskis said that Brussels intends to make the euro a more attractive currency for international payments than the US dollar. In addition, it […]
The British currency was under strong pressure yesterday, following the controversial fundamental background. The unexpected cohesion of the British deputies against Theresa May has caused alarm to traders, after all, after only 6 days, parliamentarians must decide the fate of the Brexit deal. On the horizon, the prospects for Britain’s chaotic exit from the EU […]
If for most of the year it is neither shaky nor so-so and by the end of it you cannot get out of the red zone, competitors always have a chance to get around you. For the first time since 2002, palladium prices have exceeded the value of gold. In the market they talk about […]
