USD / JPY pair On Friday, the Japanese yen fell by more than 100 points and broke the support level of 111.64, which is a signal level to decline towards 110.39, but the price fixing did not happen. According to the indicators at the moment, the price will once again attempt to attack the signal […]
The Asian stock market tried to increase at the opening of the week, but it failed to bring them back to the time Europe entered the game. Japanese Nikkei225 loses 0.2% and Chinese Shanghai Composite drops by 2.5%. In China, media information about tax incentives for strengthening consumption has not helped. USD / JPY can […]
Good morning, traders. Here’s how the technicals compare with the interbank at 8 AM GMT on Monday. Euro/Dollar has 6 buy signals in the hourly scale. Mid term models are mostly neutral and technical outlook is bearish in the long term, which is matched by the 27% short interbank stance. Pound/Dollar has mostly neutral prompts […]
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Morning Report: 07.00 London The US dollar is recovering after Friday’s sell off which came about despite better than expected US GDP numbers. Dollar pairs are on the back foot, but so far with only minor losses compared to Friday’s substantial reversal. The euro is lower after the EUR/USD bounced off the 1.1350 level. By […]
EURUSD unlocked fresh two-month lows at 1.1335 on Friday and is currently struggling to overcome the 1.1400 level. The RSI and the MACD though suggest that negative risks remain high in the short-term as the former is weakening below its 50 neutral mark while the latter continues to hold in negative zone and below its […]
EUR/USD Friday brought a surprise to the markets. Even two – one pleasant and expected, the second is not expected, especially the reaction of investors to it. GDP for the 3rd quarter showed 3.5% against the forecast of 3.3%, and this is an expected surprise, but investors began to actively close positions, trading volumes were […]
In the report “Q3 2018 XRP Markets Report” the company revealed that in the third quarter it sold XRP worth USD 163.33 million, more than double the amount of USD 73.53 million sold in the previous quarter. Sales volume in the third quarter corresponds to 0.172 percent of the total amount of XRP traded globally, […]
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 – 29.10.2018 Related Posts:Energy in Focus: […]
In the report “Q3 2018 XRP Markets Report” the company revealed that in the third quarter it sold XRP worth USD 163.33 million, more than double the amount of USD 73.53 million sold in the previous quarter. Sales volume in the third quarter corresponds to 0.172 percent of the total amount of XRP traded globally, […]
According to the official blog entry, the American crypto portfolio and Blockchain Security Company, BitGo, announced that it is developing a coin based on Ethereum supported 100% by Bitcoin. The announcement says that Wrapped Bitcoin will provide users with: […] a wide range of new decentralized use cases, including on decentralized exchanges. It will be […]
GBP/USD On Friday, the British pound grew by 13 points. The growth was stopped by the downward embedded line in the price channel. At the moment, the price is still testing this line with the support of the upward convergence on the chart of the lower timeframe. If the price manages to overcome this resistance, […]
https://pepperstone.com/en/forex-news/market-review -EUR GBP and CNY all weaker vs USD. -JPY and BRL are gainers, however. -Brazil has a new President. -The UK’s last pre-Brexit budget is due today. -Italy spared S&P downgrade. -The sectors dragging the US stock market lower. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren […]
With the US Midterms elections due next week, Chris Weston takes a look at how markets may act on the various outcomes Related Posts:USD/JPY: Simple trading tips for novice traders on April… April 16, 2024 Trade Analysis and Advice on Trading the Japanese YenThe price…GBP/USD: Simple trading tips for novice traders on April… April 16, […]
It was a brutal week for equities with the Dow Jones Industrial Average falling more than 3% and the S&P 500 slipping 4%. This is the fourth out of five weeks that the S&P 500 has fallen. Typically when we see such sharp declines in equities and increase in day to day volatility, currencies are […]
It was a brutal week for equities with the Dow Jones Industrial Average falling more than 3% and the S&P 500 slipping 4%. This is the fourth out of five weeks that the S&P 500 has fallen. Typically when we see such sharp declines in equities and increase in day to day volatility, currencies are […]
It was a brutal week for equities with the Dow Jones Industrial Average falling more than 3% and the S&P 500 slipping 4%. This is the fourth out of five weeks that the S&P 500 has fallen. Typically when we see such sharp declines in equities and increase in day to day volatility, currencies are […]
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 – 28.10.2018 Related Posts:EUR/USD. Analysis for […]
The world’s wealthiest individuals saw their collective wealth rise to record levels last year, with self-made tech billionaires living in China seeing some of the largest gains. According to an annual report published jointly by UBS and PwC, the combined wealth of the world’s 2,158 billionaires rose to $8.9tn in 2017 — up 19% on […]
On September 13, the depicted daily downtrend line which came to meet the pair around 1.3025-1.3090 failed to offer enough bearish pressure on the pair. Since then, the GBP/USD pair has been demonstrating a successful bullish breakout so far. On September 21, the GBP/USD failed to demonstrate sufficient bullish momentum above 1.3296. The short-term outlook […]
On Friday, November 26, the gold rate against the US dollar rose to a maximum since mid-July after the publication of weak quarterly reports of US companies this week, which had a strong negative pressure on the stock markets of the United States, Asia, and Europe. During yesterday’s trading, the index of the largest American […]
To open long positions on GBP / USD, you need: Pound buyers failed to get above the resistance level of 1.2829, which I paid attention to in the morning forecast, which led to further selling of the pound. Now, a serious divergence is forming on the MACD indicator, so it is possible to consider purchases […]
To open long positions on EUR / USD, you need: Euro buyers failed to return to the important resistance level of 1.1387, which I paid attention to in the morning review, which led to a further sale. Currently, the emphasis is on support level of 1.1337. The formation of a false breakdown in this range, […]
On Friday, October 26, it became known that the Royal Mint of Great Britain would not issue tokens secured with gold. Previously, it was assumed that this will happen in partnership with the Chicago Mercantile Exchange (CME). The initiative of the Royal Mint did not endorse the British government, which is cautious about any innovations […]
During the Asian session, the Australian dollar again tested the 70th figure after an unsuccessful attempt in early October. However, today “Aussie” failed to enter the 69th figure, but the general mood for the pair remains bearish. The Aussie came under strong pressure after a decline in the commodity market and an unexpected weakening of […]
According to The Wall Street Journal, major Chinese oil companies such as China National Petroleum Corp. (CNPC) and China Petrochemical Corp. will not buy Iranian oil next month. Recall, usually the Middle Kingdom imports about 600,000 barrels of Iranian oil per day. However, this month, the Chinese Bank of Kunlun, which specializes in conducting operations […]
The last two quarters were very hard for gold due to the strengthening of the US dollar position, the growth of the stock market and the increase in the real yield of government bonds. This week, the value of gold reached its maximum for the first time in three months amid turbulence in global stock […]
The dollar continues its steady ascent, and yesterday, it was helped not only by statistics, which turned out to be better than forecasts, but also by the results of the meeting of the European Central Bank. First, the statistics, as orders for durable goods did not decrease by 0.9%, as expected, but increased by 0.8%, […]
Wave counting analysis: During the October 25 trading session, the GBP / USD currency pair lost another 65 basis points and continued to build the proposed wave c within the three waves downward structure. A successful attempt to break through the level of 127.2% according to Fibonacci suggests that the pair is ready for a […]
Wave counting analysis: In the course of trading on Thursday, the EUR / USD currency pair lost another 20 basis points more and thus remained within the framework of the construction of the supposed wave 3, c. If this is indeed the case, the decline in quotations will continue with targets that are near the […]
