GBP / USD The British pound lost 104 points on Monday on rumors about the possible resignation of Prime Minister Theresa May. On the daily chart, the price fixed under the red indicator line of balance, which markedly shifted the emphasis to a further decrease in the trend. But to reduce at least to the […]
USD / JPY The Japanese yen makes all efforts in the fight against technical resistance, but external forces do not allow it to do so. Yesterday, the price tried to get above the trend line of the price channel and the Kruzenshtern trend indicator line on the daily chart. This morning, the price was again […]
Dear colleagues. For the Euro / Dollar currency pair, we clarified the targets for the ascending structure of October 16, which we consider as a medium-term one. For the currency pair Pound / Dollar, we continue to follow the downward cycle of October 12 as the main trend. For the currency pair Dollar / Franc, […]
Gold price continues to trade inside the short-term triangle pattern. Price pulled back yesterday towards the lower triangle boundary and support was held. I expect the triangle to break to the upside and push prices towards $1,245-50 where I would like to take profits. Black rectangle – major support area Green lines – short-term triangle […]
Find out how the interbank sentiment compares with the technicals at 8 AM GMT by watching the Dukascopy Trading Signals. Euro/Dollar’s technical signals are mostly neutral in the 1 and 4-hour charts. 5 studies point South in the daily range, which is in line with the 30% short interbank sentiment. The Cable’s hourly models are […]
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 […]
Norway is one of the richest countries in the world. It has a population of 5 million people, a GDP of almost $400 billion, and a GDP per capita of more than $75,000. This makes it the sixth wealthiest country in the world after Qatar, Luxemburg, Singapore, Brunei, and Ireland. It also has the biggest […]
In 2017, palladium was the best performing metal, gaining by more than 40%. It rose mostly because of the demand from the automobile sector. Palladium is mostly used in diesel cars as a catalytic converter. In other words, it is used to reduce emissions from these cars. Therefore, as the global economy expanded, investors placed […]
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 […]
With earnings coming up for all the big tech giants, Stuart Miles, from Pocket-Lint.com, looks at some of the pressures the big tech companies are facing. He discusses the advantages the cloud has brought Amazon (AMZN), Microsoft (MSFT) and Alphabet (GOOG). He also looks at how the likes of Facebook (FB), Twitter (TWTR) and Snap […]
Here are the latest developments in global markets: FOREX: The dollar index is higher on Tuesday, albeit by only 0.10%, attempting to extend the gains it recorded yesterday. The yen is reigning supreme among the G10 currencies amid renewed risk aversion, while the antipodeans aussie and kiwi are underperforming. Meanwhile, the pound is consolidating losses […]
We are looking for upside acceleration as red wave iii/ is developing towards 1.8345. Short-term we would like to see a break above minor resistance at 1.7557 as confirmation that red wave ii/ has completed and red wave iii/ is developing. Only an unexpected break below support at 1.7355 will revive the correction in red […]
We expect that support at 128.72 will be able to protect the downside for a new impulsive rally in blue wave (3) towards 136.84. Only an unexpected break below 128.30 will revive the correction in blue wave (2) and call for a dip closer to, but not below important support at 126.86. Short-term a break […]
When the European market opens, some economic data will be released such as Consumer Confidence and German PPI m/m. On the US dollar’s front, the US will present Richmond Manufacturing Index. So, amid the reports, EUR/USD will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVELS: Breakout BUY Level: 1.1521 Strong Resistance:1.1514 […]
In Asia, Japan will release the BOJ Core CPI y/y. On the US dollar’s front, the US will present Richmond Manufacturing Index. So, there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVELS: Resistance 3: 113.30 Resistance 2: 113.08 Resistance 1: 112.86 Support 1: 112.58 […]
GBPUSD has reversed back down after the pullback on the 1.3255 resistance level, while it dipped sharply on Monday below the 23.6% Fibonacci retracement level of the downleg from 1.4375 to 1.2660, near 1.3066. Also, cable is holding well below the 20- and 40-simple moving averages (SMAs) which are ready to create a bearish crossover. The short-term bias […]
https://pepperstone.com/en/forex-news/market-review -AUD, NZD retreat and JPY gains vs the dollar. -Dollar index stays above 96. -APAC equities reverse earlier gains. -Central bank speeches are the calendar highlights. -Brazilian assets continued to gain ahead of Sunday’s poll. -A line to watch closely in the US 500 index. The overnight changes and price moves to be aware […]
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 – 23.10.2018 Related Posts:Market Comment – […]
Of course, there was a lot of talk that the dollar is strengthening and the like, but if you look at the weekly charts, it appears that the turbulence was fun, but again it all came down to trampling on the spot. Indeed, the dollar looked very good for almost the entire week, but at […]
In this video Chris Weston looks at the Asian trade and looks at risk factors in China , Italy and Brexit and looks at the key markets that best express these risks Related Posts:Technical Analysis – Is CADJPY setting the stage for its… April 10, 2024 CADJPY remains within a range despite hitting new high […]
The pound paired with the dollar after a slight recovery has once again collapsed into the area of the 29th figure, reacting to the negative news background around Brexit. The immediate reason for the decline in the GBP/USD was the news that the deputies from the Democratic Unionist Party (DUP) together with the conservatives (or […]
The euro resumed its decline paired with the US dollar, as well as the British pound, which continues to remain under pressure amid uncertainty over Brexit. Italy responded with a clear “no” Today’s statements by the Italian government on the increase in public debt and budget deficit led to selling thee European currency, which rose […]
Against the background of an almost empty economic calendar, traders of the euro-dollar pair focused on Italy, whose authorities can not find a compromise with Brussels on the issue of the national budget. The information hype around this problem is somewhat contradictory, so the EUR/USD pair managed to reach the middle of the 15th figure […]
The British pound can not find solid ground in the political swamp. Brussels is ready to extend the transition period after March 2019, but the Conservative party resists. Theresa May is considering waiving her claims on the Irish border, but may therefore receive a vote of no confidence. Internal contradictions are so strong that the […]
4-hour timeframe The amplitude of the last 5 days (high-low): 98 p-95 p-93 p-116 p-93 p. The average amplitude for the last 5 days: 99 p (103 p). If the European currency fell on the first trading day of the week, the British pound also fell. And it’s not about the Italian budget. A whole […]
4-hour timeframe The amplitude of the last 5 days (high-low): 67 p-55 p-85 p-78 p-102 p. The average amplitude for the last 5 days: 77 p (72 p). The first trading day of the new working week ended with a new fall for the EUR/USD pair, not too strong, but still. The price perfectly worked […]
Morning Report: 07.00 London The dollar index is recovering somewhat this morning after moderate selling on Friday. Markets are generally quiet despite the potential risk factor of Trump removing the US from the nuclear treaty with Russia. The AUD/USD is making small losses after a positive session on Friday, that saw support around 0.7100 hold. […]
Prospects for global growth in 2019 for the first time in a long time do not look the best. Experts believe that the trade conflict between the US and China, as well as the tightening of financial conditions, may cause a decline. In early 2018, optimism about the steady growth of the global economy was […]
David Lennox, an analyst at investment firm Fat Prophets, believes that in the future, the value of gold will receive support from accelerating inflation in the United States and weakening the US national currency. “Recently, the dollar has been showing high volatility. In addition, many investors leave the stock market. Under these conditions, gold is […]
To open long positions on GBP / USD, you need: The pound is declining against the background of big problems with the leader of the CDU and British Prime Minister Theresa May. The conservatives gave her 72 hours to resolve Brexit-related issues, otherwise, May would lose her post. The purchases should be counted only after […]
