Trading recommendations: According to the H1 time – frame, I found that price did fake breakout of the support ($6.361), which is a sign that sellers got trapped. I also found potential end of the downward correction (abc flat), which is another sign of strength. My advice is to watch for potential buying opportunties on […]
Recently, the EUR/USD pair has been trading sideways at the price of 1.1488. According to the H1 time – frame, I found a breakout of the key supply trendline in the background, which is a sign that buyers are taking control. I also found the successful test of the supply after the breakout, which is […]
Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3184. According to the H4 time – frame, I found the end of the downward correction (irregular flat), which is a sign that buyers are in control. I also found the breakout of the supply trendline in the background and the […]
A look at upcoming earnings season in the US, where companies are expected to report further good growth. Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 Learn more about IG: https://www.ig.com?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom #earningsseason #useconomy #usdollar We provide fast and flexible access to over 15,000 financial markets – including indices, shares, forex and commodities – through our […]
Hello, again traders its that time again when we check the fairness of your broker’s price feed with the dukascopy spike controller. We get things moving with the euro-dollar pair which has a daily average spread of point 33 pips and a maximum separation of 1.2 pips. The pair has gained point 73% or 83 […]
US inflation data as gauged by the consumer price index (CPI) will be made public on Thursday at 1230 GMT. Headline CPI growth is expected to ease to its lowest since March on a yearly basis, though combined with the rise in underlying price pressures as measured by the core CPI, that’s unlikely to pose any threats to […]
Good morning traders we are halfway through the trading week and its time for the Dukascopy daily trading signals. as always we get things moving with the euro-dollar pair we see 5 neutrals in the short and mid term scales but the daily scale is split between the neutral and sell indicators. The interbank sentiment […]
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 […]
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 […]
Here are the latest developments in global markets: FOREX: The dollar index is fractionally lower on Wednesday (-0.06%), after finishing the previous session down as well, weighed on by a slight pullback in US bond yields. The British pound outperformed, as fresh media reports amplified optimism that a Brexit deal may be reached by next week. […]
Gold price remains trapped inside the trading range. Gold price got back in the bearish long-term channel and continues to move sideways. Green lines – bearish long-term channel Red lines – short-term trading range Gold price has remained inside the trading range yesterday as well. Price is very close to the lower range boundary and […]
EUR/USD made new lows yesterday at 1.1432 very close to our target area of 1.14-1.1420. EUR/USD bounced above 1.15 afterwards. There are high chances that the bearish trend is complete and a new up trend has started. However for this to be confirmed we will need more signs of strength. Orange dots – medium strength […]
On Wednesday, the 10th of October, the event calendar is busy with important data releases. Market participants should focus on the UK data release: GDP, Industrial Production, Manufacturing Production and Visible Trade Balance. The other important data will be released from the US in form of PPI and PPI Core figures. There are spechees scheduled […]
Overnight, Japan published the data on machine orders in September. The data (Japan machinery orders received from the private sector excluding volatile orders) beat the market participants expectations, in monthly terms, the increase was 6.8% instead of the expected decline of 3.9%. Year to year, orders grew by 12.6% with 1.8% forecasts. The high value […]
FED Chairman Jerome Powell gave recently speech in Indonesia. He said that the US labor market is “very strong” and inflationary pressure is not yet visible. Transparency and open communication are the keys to minimizing the global misunderstanding of policies and market problems. The normalization of monetary policy is beneficial for everyone because it reduces […]
According to today’s, the Japanese online conglomerate GMO Internet Co. Ltd confirmed plans to issue a cryptographic stablecoin associated with the Japanese yen. GMO, which entered the Japanese cryptocurrency market in May last year, intends to start issuing tokens, called GMO Japanese Yen (GJY), in the financial year 2019. This message draws another potential player […]
Morning Report: 07.00 London Stock markets are continuing their losing streak, with US yields rises stabilising. In this environment, the US dollar is struggling, helping dollar pairs to rise. The AUD/USD is higher for the third day in a row, as the 0.7050 level holds. The GBP/USD remains strong, notching up small gains this morning […]
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 – 10.10.2018 Related Posts:Video market update […]
AUDUSD has edged higher over the previous couple of days after it hit a fresh 32-month low of 0.7040 at the start of the week. The price is ready to post a bullish correction after the aggressive selling interest and may challenge again the long-term descending trend line, which has been holding since January 26. […]
To open long positions on EUR /USD pair, you need: The buyers of the European currency have the last chance to reverse the formation of the downward trend. To do this, you need to get above the resistance of 1.1500, which will be a signal to buy euros in order to update the weekly maximum […]
To open long positions on the GBP / USD pair, you need: Buying the pound can be considered today in the first half of the day after the formation of a false breakdown at 1.3085, based on continued growth and the update of yesterday’s high in the area of 1.3131, where taking profits are recommended. […]
SubMinuette (m30) Great Britain Pound vs US Dollar Previous review from 24.09.2018 09:29 UTC+00. ____________________ The movement of the GBP/USD currency pair 09-11 October 2018, will be due to the development of the border levels of the channel 1/2 Median Line (1.3065 <-> 1.3053 <-> 1.3042) of the Micro operational scale. The markup for working […]
https://pepperstone.com/en/forex-news/market-review -EUR, GBP and others push back vs USD. -The Yen and Yuan slip further, however. -Central bank speeches UK GDP and US PPI on the calendar. -EU commission to be briefed on Brexit. -Which EMs need foreign money and how much? The overnight changes and price moves to be aware of by Pepperstone’s Market […]
To open long positions on GBP / USD pair, you need: The formation of the lower boundary of the rising channel yesterday doesn’t allow the growth of the British pound to continue today. Support was provided only in the area of 1.3032, which I paid attention to in my morning forecast. The main task of […]
To open long positions for EURUSD, it is required: Buyers failed to maintain an important support level of 1.1461, which I drew attention to in my morning review, which led to the continuation of the fall of the European currency. At the moment, the task of buyers of the euro will be the return and […]
EUR/USD On Monday, the euro fell by 30 points. It even managed to push through strong support from the coincidence of two lines – the indicator trend (Krusenstern) and the graphical downward price channel. Today opened under these lines, and this is a signal for further decline. The target of the decline is the peak […]
Bitcoin has been quite indecisive with the recent price action. The price jumped higher above $6,600 yesterday. Today, the price reversed its direction, dropping lower at same strength today. The overall trend momentum is seen as neutral in the current market situation. The price has been impulsive amid the bearish pressure, having a bearish Tenkan […]
In the first days of the trading week, the economic calendar of the foreign exchange market does not indulge traders with important statistics. Only on Wednesday and Thursday, there will be really significant reports. In Britain, they will publish data on GDP growth, and in the USA, the producer price index and the consumer price […]
Although the US had a day off yesterday, the dollar was able to resume its growth against the pound. This is largely due to the rebound after Friday’s growth of the pound, caused by extremely weak data on the US labor market. True, the European problems that have a negative impact on the single European […]
4-hour timeframe Technical data: The senior linear regression channel: direction – sideways. The younger linear regression channel: direction – down. Moving average (20; smoothed) – up. CCI: 91.0831 The currency pair GBP / USD on October 9 adjusted to the moving average line and bounced off it, resuming the upward movement. Thus, the correlation between […]
