On 24th November, XM had the privilege to sponsor one more exclusive gala dedicated to the investor community, namely the Investors’ Gala in London, England. The prestigious event offered a not-to-miss evening to guests on the premises of the inspiring ambience of 8 Northumberland Avenue in Central London, where all those present could indulge in […]
GBPAUD opened the day with a significant negative gap, reaching a new eleven-month low around 1.7250. The MACD is warning that further losses could follow up as the indicator keeps losing momentum below its red signal line, however with the RSI being ready to cross below 30 into oversold area, chances for a rebound are running high. A […]
Recently, the EUR/USD pair has been trading upwards during the Asian session. The price tested the level of 1.1379. Anyway, according to the M30 time – frame, I have found that rejection from the pivot resistance 1 at the price of 1.1375, which is a sign that buying looks risky. I also found the overbought […]
Overview: The EUR/USD pair fell from the level of 1.1338 towards 1.1265. Now, the price is set at 1.1349. The resistance is seen at the level of 1.1338 and 1.1390. Moreover, the price area of 1.1390/1.1338 remains a significant resistance zone. Therefore, there is a possibility that the EUR/USD pair will move downside and the […]
Overview: Pivot: 1.2829. The GBP/USD pair fell from the level of 1.2890 towards 1.2780. Now, the price is set at 1.2850. On the H1 chart, the resistance is seen at the levels of 1.2890 and 1.3001. Volatility is very high for that the GBP/USD pair is still expected to be moving between 1.2829 and 1.2725 […]
The U.S. and China have declared a truce in the trade war, and have agreed not to introduce new tariffs, and try to reach to an agreement in the next 90 days. As a result, the U.S. dollar has been languishing at lower levels while the stock markets have been rapidly climbing upwards. Shanghai’s stock […]
This is the Dukascopy Spike Controller for Monday with a look at the average and peak spread levels for the 3 non-cross majors. Euro/Dollar’s daily average spread is point 43 pips and maximum separation has been 1.4 pips. The pair rose gradually by a total of point 46% or 52 pips to reach the daily […]
Stocks up, dollar down as trade fears ease French President Macron under political pressure but euro heads up Brexit risks loom in the background Oil surges as Russian President backs production cuts; Qatar to withdraw OPEC membership Stocks head higher on trade relief The US President, Donald Trump, and the Chinese leader, Xi Jinping […]
Forecast for December 3: Analytical review of H1-scale currency pairs:For the Euro / Dollar currency pair, the key levels on the H1 scale are: 1.1477, 1.1429, 1.1414, 1.1392, 1.1364, 1.1297, 1.1266, 1.1233 and 1.1206. Here, the price is close to the cancellation of the ascending structure of November 28, for which a breakdown of the […]
The price on Friday once again tested the support line 1.2735 (red bold line), but could not break through this level and went up. Today, the market, has been moving up. It will try to reach 13 average EMA – 1.2819 (yellow thin line). Today, strong calendar news is released at 12.30 and 18.00 Moscow […]
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 […]
Gold has advanced considerably, jumping to a fresh one-month high of 1232 earlier today. The price successfully surpassed the moving averages, which are ready to post a bullish crossover in the 4-hour chart. Furthermore, the RSI indicator is approaching overbought territory, while the MACD oscillator climbed above the trigger line, both suggesting more gains. More […]
Trend analysis (Fig. 1). On Monday, it is possible to move up with the first goal 1.1370 – 21 average EMA (black thin line) and then 1.1403 – the upper fractal. Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – up; – Fibonacci levels – up; – volumes – up; – candlestick analysis – […]
To open long positions on GBP / USD, you need: To open long positions on GBP / USD , you need: Buyers once again coped with the task of keeping the pair above 1.2730. At the moment, bulls need a breakthrough and consolidation above resistance 1.2804, which will lead to a larger upward correction and […]
EUR/USD got rejected at the upper trend line resistance of 1.14 on Friday and pulled back towards 1.13. Price is now bouncing back up again but so far we have no break out. Longer-term trend remains bearish. Short-term trend is neutral. Red line – major resistance Green line – major support EUR/USD is challenging Ichimoku […]
On Monday, the 3rd of December, the event calendar is quite rich in important data releases. During the London session, Switzerland will post Retail Sales data, the UK, Germany, France, Spain and the Eurozone will present PMI Manufacturing data. During the NY session, the US and Canada will present the manufacturing data as well. Moreover, […]
Morning Report: 07.00 London This morning, markets have woken up with a focus on the apparent dovish bias for the Fed for 2019, with the dollar index dropping lower from the open. These early moves are even more apparent on dollar pairs which have gapped lower at the open. The most impressive of these moves […]
Good morning traders, you’re watching this week’s first trading signals brought to you by the Dukascopy TV team. Euro/Dollar has 7 green signals in the short term chart. Mid term models are mostly neutral and daily indicators show mixed results. Interbank sentiment is neutral, matching the 4-hour signals. The Cable’s short term outlook is bullish. […]
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 – 03.12.2018 Related Posts:Energy in Focus: […]
EURUSD continues the negative tendency over the last eight months and has been stuck below the 20- and 40-day simple moving averages (SMAs). Looking at momentum indicators, the RSI is pointing slightly up but is below its neutral threshold of 50, while the MACD also remains in negative territory while moving above its red signal line. Should the pair experience more negative pressure, the market could meet […]
Gold price has made a pull back last week towards $1,217 but respected the recent low at $1,211 and is now challenging once again the recent highs and important short-term resistance at $1,230. Red rectangle – important short-term resistance Blue rectangle – major resistance Green line – trend line support As we repeated in our […]
According to an official statement, the University of Basel awarded an honorary doctorate to the co-founder of Ethereum, Vitalik Buterin. The Business and Economics Department of the oldest university in Switzerland awarded Buterin for “outstanding achievements in the field of cryptocurrencies, intelligent contracts, and institution design,” as the university noted in a recent tweet. The […]
XAU/USD is approaching its resistance at 1228.7 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1218.4 (61.8% Fibonacci retracement, horizontal swing high support). Stochastic (55, 5, 3) is approaching its resistance at 92% where a corresponding reversal is expected. XAU/USD is approaching […]
https://pepperstone.com/en/forex-news/market-review -EUR and GBP finish down over the month. -AUD, NZD and ZAR all post monthly gains. -German, EZ and US PMI data on the calendar. -Presidents Trump and Xi halt the trade war. -Industrial activity in China and Japan is slowing -Mexico has a new leader -What next for Donald Trump’s trade agenda? The […]
Tune in as the FX Evolution team breaks down advanced price action strategies, along with how to correctly identify support and resistance levels to help you gain the confidence to take your trading to the next level. Register for our upcoming webinars https://pepperstone.com/en/client-resources/webinars More educational resources https://pepperstone.com/en/client-resources/trading-guides Related Posts:GBP/USD: trading plan for the US session […]
10 Reasons Why December Will Be A Rocky Month For FX November was a volatile month for U.S. equities but this volatility did not translate into big moves for currencies. Unlike the Dow, which had a 3,200-point swing, trading ranges for pairs like the EUR/USD and USD/JPY were confined to 300 pips and the moves […]
10 Reasons Why December Will Be A Rocky Month For FX November was a volatile month for U.S. equities but this volatility did not translate into big moves for currencies. Unlike the Dow, which had a 3,200-point swing, trading ranges for pairs like the EUR/USD and USD/JPY were confined to 300 pips and the moves […]
10 Reasons Why December Will Be A Rocky Month For FX November was a volatile month for U.S. equities but this volatility did not translate into big moves for currencies. Unlike the Dow, which had a 3,200-point swing, trading ranges for pairs like the EUR/USD and USD/JPY were confined to 300 pips and the moves […]
Related Posts:Technical Analysis – US 500 index might hit lower levels… May 1, 2024 US 500 index exposed to more downside after Tuesday’s pullback…Gold edges lower as Middle East tensions ease April 23, 2024 The yellow metal continues to decline, plunging investors into gloom…Slightly lower volatility across the board ahead of key US… April 23, […]
