The plummets of the global stock market have wiped out this year’s profits from Wall Street, and the falls in Asia are not slowing down. But the currency market is still relatively calm. We see a slight rebound after yesterday’s USD appreciation. The SP500 index fell by 3.09% wiping out this year’s profits. Nasdaq crashed […]
Trend analysis (Fig. 1). On Wednesday, the price will move down with the first target of 1.2922 on the lower fractal. After breaking through this level, the next lower target is the support line (red thick line) at 1.2728. Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – down; – Fibonacci levels – neutral; […]
Morning Report: 07.00 London This morning, markets are steadying after last night’s late rout on US financial that saw the tech heavy Nasdaq make its biggest fall since 2011. The yen pairs are stabilising after heavy selling yesterday as traders sought out the yen’s safety yesterday. The USD/JPY fall back to support at 112.00 with […]
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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 – 25.10.2018 Related Posts:Market Comment – […]
USDJPY has been edging sharply lower over the last couple of days, while today it slipped beneath the 23.6% Fibonacci retracement level of the upleg from 104.60 to 114.55, around 112.20. Additionally, the pair is trying to penetrate the medium-term ascending trend line to the downside, shifting the bullish outlook to a more neutral one. The momentum indicators […]
The charity initiations of the XM Foundation are spanning the globe, reaching through to individuals and communities in need, with the aim to contribute to their welfare in a meaningful way. Staying true to our commitment that financial help and moral support know no borders, no matter when and where it is needed, some of […]
The overseas drops took on some signs of panic. The SP500 index grouping the largest companies in the US fell by 3.09% on Wednesday, wiping out profits from the entire year, and the technological Nasdaq dropped by as much as 4.4%. The winner was the American dollar and American bonds also strengthened. Both assets are […]
Wave pattern of the H4 chart: The rising wave of August 15 sets the dominant direction in the short term. In the structure of the wave, the middle part (B) is nearing its end. Wave pattern of the H1 chart: The downward wave from September 20 is nearing completion. It looks like a standard plane […]
According to today’s financial media news from Japan, the Japanese Financial Services Agency (FSA) has given the local crypto industry a “self-regulatory” status, leaving supervision over the space of the Japanese Association for Virtual Currency Exchange (JVCEA). The FSA expects the self-regulatory body to lay down rules for the protection of clients’ assets, develop anti-money […]
Trend analysis (Fig. 1). On Wednesday, the market will move downward, with the first goal of 1417 on the support line (white thin line) and a strong news is expected to come out at 10.30. Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – down; – Fibonacci levels – neutral; – volumes – down; […]
https://pepperstone.com/en/forex-news/market-review -US equities sell off and lead APAC indices lower. -Dollar index is firmly above 96. -German confidence data due. -Octobers ECB rate meeting is today’s key event. -South Korean Q3 GDP falls short. -The state of play right now in the US 500 index. The overnight changes and price moves to be aware of […]
The members of the Committee for a vote of no confidence (“1922 Committee”) called British Prime Minister Theresa May “onto the carpet”, who today must speak to the conservative deputies. The results of the meeting of this Committee will be largely decisive for the prime minister – either she will remain in power or leave […]
Data released in the first half of the day on the composite index of supply managers of the eurozone, had a significant pressure on the euro, as they were worse than economists’ forecasts, and also showed a slowdown in economic growth. Despite the fact that the data were preliminary, the pressure on the euro increased, […]
The high demand for safe-haven assets allowed gold to break a crucial inverse correlation with the US dollar. For a long time, the precious metal was in the shadow of the US currency, but the favorable geopolitical situation and the breakthrough of the upper limit of the medium-term consolidation range of $1185-1215 per ounce allowed […]
The foreign exchange market, unlike the stock markets, froze in anticipation of the important events of this week – the publication of data primarily from the US and the results of the ECB meeting on monetary policy. Of course, today the Bank of Canada’s monetary policy decision will attract investors’ attention. The regulator is expected […]
Minute (h4) Euro vs US Dollar Previous review from 10/22/2018 12:18 UTC + 3. ____________________ The development of the movement of the single European currency, the EUR/USD pair, October 24-31, 2018 will be determined by the direction of the range breakdown: -> resistance level of 1.1435 (upper limit of ISL38.2 equilibrium zone of the fork […]
4-hour timeframe The amplitude of the last 5 days (high-low): 93 p-116 p-93p133 p-108 p. Average amplitude for the last 5 days: 108 p (99 p). In recent days, the British pound moves almost identically with the EUR/USD pair. In this case, we can not even say that the US dollar is more expensive, as […]
Volatility has pushed higher, with risk aversion hitting markets. We look at the question of where is the Fed put? Related Posts:Analysis for GBP/USD on April 16th. The pound should not… April 16, 2024 The wave analysis for GBP/USD remains quite complex but may…Technical Analysis – JP 225 index tests crucial support zone April 16, 2024 JP 225 index pulls […]
What’s the number one characteristic shared by successful Forex traders? Why do some traders fail while others succeed? Tune in to Chris Weston’s webinar as he discusses this and more, including the 10 essential steps every Forex trader needs to know. View more webinars here: https://pepperstone.com/en/client-resources/webinars Related Posts:USD/JPY: Simple trading tips for novice traders on […]
4-hour timeframe The amplitude of the last 5 days (high-low): 85 p-78 p-102 p-94 p-55 p. The average amplitude for the last 5 days: 83 p (83 p). The EUR/USD pair ended the third trading day of the week with another, highly expected, decline. For the last couple of days, the pair was moving like […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 The stock market’s big jump in volatility in recent weeks caught many hedge fund managers and deep-pocketed speculators by surprise. But EWI subscribers were prepared. Learn why this chart played a big role in the preparation. http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx Learn How the Wave Principle Can Improve Your Trading Related Posts:Market Comment – Stocks climb after sizzling […]
On Wednesday, October 24, the US dollar index against a basket of six world currencies reached a peak in the last 9 weeks, after the euro fell amid disappointing economic data in the eurozone. As of 15:45 London time, the US dollar index rose to the level of 96.10, adding 0.40% from the beginning of […]
The European Central Bank is due to conclude its two-day monetary policy meeting on Thursday, with its decision expected at 11:45 GMT. With no change in policy or to the Bank’s forward guidance anticipated at the October meeting, all eyes will be on Mario Draghi’s press conference at 12:30 GMT to hear the ECB chief’s […]
Amazon’s earnings data for Q3 will hit the markets after Wall Street’s closing bell on Thursday, with the e-commerce colossus expected to deliver another blockbuster quarterly report. Beyond earnings, investors will scrutinize the firm’s forward guidance and expectations for operating margins, in light of rising wage costs and the prospect of higher shipping expenses. The […]
Trading Plan 10/24/2018 The overall picture: The market is preparing the autumn trend. The euro is under pressure on the euro. The EU over the Italian budget deficit and the Italian populist government violates EU rules limiting the maximum budget deficit. The EU, contrary to expectations, expressed tough disagreement with the Italian deficit. The second […]
GBP / USD On Tuesday, the British pound worked exactly the entire range of 1.2936-1.3042 is defined on a relatively calm news background. At the same time, the situation becomes more complicated. On the scale of the daily chart, the price is between the balance lines and Kruzenshtern with a declining marlin oscillator. On a […]
AUD / USD Yesterday, the Australian dollar at the moment fell by 26 points, but closed the day with a slight plus and today in the Asian session, it is growing by 15 points, which is somewhat strange after yesterday’s oil collapse by more than 4%. But, on the other hand, the market for iron […]
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 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 September 10, the price level of 1.1500 offered temporary bullish recovery. Quick bullish movement was demonstrated towards the upper limit of the price range (1.1750). However, the EUR/USD bulls failed […]
