Trading recommendations: According to the H1 time – frame, I found that price broke the bearish flag in the background, which is a sign that sellers are in control. The short term trend is bearish and my advice is to go with the trend. Watch for selling opportunities. The downward targets are set at the […]
On September 13, the GBP/USD pair was testing the depicted downtrend line which came to meet the pair around 1.3025-1.3090. Since then, the pair has been demonstrating a successful bullish breakout so far. This price zone (1.3025-1.3090) also corresponds to 50% and 61.8% Fibonacci levels. Currently, this price zone turned to become a prominent demand […]
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. Recently, the price level of 1.1500 offered temporary bullish recovery towards 1.1750. The EUR/USD bulls failed to pursue towards higher bullish targets. Instead, a descending high was established around 1.1800. However, […]
Recently, Gold has been trading downwards. The price tested the level of $1 193.95. According to the H1 time – frame, I found the breakout of the bearish flag (the end of an upward correction abc flat), which is a sign that sellers are in control. Most recently I found that a breakout of the […]
Guy Miller, Chief Market Strategist & Head of Macroeconomics at Zurich Insurance thinks a US recession will come in 2020 due to a lack of spare capacity. 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 #useconomy #recession #donaldtrump We provide fast and flexible access to over 15,000 financial markets – […]
Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1684. According to the M30 time – frame, I found the breakout of the descending triangle (bearish pattern), which is a sign that sellers are in control. The key support at 1.1723 retained firmly for long, but it couldn’t hold today. […]
Its Thursday and its time for the Dukascopy Spike controller. Euro Dollars long-term average spread is point 33 pips. The pairs maximum spread is 2.5 pips which was reached during the US FOMC Monetary Policy Announcement. The pair has fallen by almost 1% or 113 pips. but you shouldn’t have been charged more than 2.5 […]
3x lessons from the ABX-RRS gold mining M&A news… DESPITE the trillions of pixels already spent on news of the Barrick-Randgold mining merger, writes Adrian Ash at BullionVault, everyone in the gold industry still wants to know… Will Mark Bristow start slashing costs at Barrick by selling the Gulfstream and taxiing John Thornton […]
On 20th October XM hosts a seminar in Athens, Greece, on the topic of forex and stock trading, to which we are pleased to invite online traders ready to learn interesting details from professional instructor Charalambos Spyridis. The educational event takes place at Hilton Athens Hotel, where our company representatives will be looking forward to […]
This would suggest a bearish market because the moving average (100) is still in a negative area and does not show any signs of a trend reversal at the moment. Amid the previous events, the USD/CHF pair is still moving between the levels of 0.9689 and 0.9600, so we expect a range of 89 pips […]
Overview: The GBP/USD pair rose from the level of 1.3100 towards 1.3211 yesterday. Now, the current price is set at 1.3119. On the H4 chart, the resistance is seen at the levels of 1.3211 and 1.3298. Besides, the weekly support 1 is seen at the level of 1.3038. Today, the GBP/USD pair is continuing to […]
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand howCFDs work and 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 […]
NZDUSD has come under renewed selling pressure falling back below the 0.6630 price level but remaining above the lower Bollinger band. Meanwhile, the 20-simple moving average (SMA) is ready to record a bearish crossover with the 40-SMA in the 4-hour chart, suggesting more losses. The RSI indicator dropped below the 50 level with strong momentum, […]
Good morning traders Lets see how the technicals compare with the interbank at 8 AM GMT by watching the Dukascopy Daily Trading Signals. Getting things started is the Euro-Dollar pair. It has 7 and 6 red indicators in the short and mid-term charts. The daily scale has 4 neutral indicators. The interbank sentiment is neutral […]
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and 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 […]
Here are the latest developments in global markets: FOREX: The dollar index – which tracks the greenback’s performance against a basket of six major currencies– is higher by 0.35% on Thursday. This is owed mainly to weakness in the currency that has the biggest weight in this index by far, the euro, which is under pressure […]
Gold price remains trapped inside the bearish channel and inside the trading range between $1,211-$1,190. Short-term trend remains neutral. Gold traders should be patient and wait for a breakout sign. Red lines – trading range Green lines – bearish channel Short-term resistance is at $1,203 and next at $1,211. Support is at $1,190 and next […]
EUR/USD had a volatile night as expected after the FOMC. Prices tried to move back above 1.18 but got rejected. We warned that another rejection at 1.18 would be a bearish sign. EUR/USD is now nearly 100 pips lower. Green line – important short-term support Dark blue dots – maximum strength support EUR/USD has touched […]
USDJPY has reversed to the downside after printing a new two-month high of 113.12 in Wednesday’s trading session, posting a double top formation. Despite the latest pullback though, the pair has not posted a fresh lower low, which makes one hesitant to trust further strong declines for now. However, a short-term bearish correction is possible. Looking at momentum indicators, […]
The Fed left mixed feelings, which makes it difficult for the currency market to take direction. Today in the morning EUR loses bad news from Italy; CAD is under pressure through prolonged NAFTA negotiations, and NZD has not received new guidelines from a neutral RBNZ. Today in the morning EUR is losing in connection with […]
The New Zealand Reserve Bank left the main OCR rate at 1.75%, and did not change its approach to its monetary policy. However, the global investors have learned some details about the future movements of the central bank. RBNZ expects that the interest rate will not be changed until 2020 inclusive. Both the increase and […]
The FOMC meeting ends with a rate hike up to 2.00-2.25$ and maintaining the current view on the prospects of the economy and the optimal shape of monetary policy. As expected, the fragment referring to the “accommodative” nature of monetary policy was removed from the statement. In that situation, the global investors expect another hike […]
The new report published by the Bank for International Settlements (BRM) showed a strong correlation between the prices of cryptocurrencies and novelties regarding the intervention of supervisors. According to the BRM report – an organization based in Switzerland consisting of 60 central banks – cryptocurrencies have close links with news about regulatory actions in different […]
What did the Fed say? Commentary on the decision on interest rates on September 26, 2018 The fed raised the rate by + 0.25%, from 1.875 to 2.125%, and gave a comment: The information received since the Fed’s meeting in August indicates that the labor market continued to strengthen and that economic activity increased at […]
Morning Report: 07.00 London This morning, there is still a mixed reaction to yesterday’s FOMC meeting where the Fed raised rates by 0.25% as expected, but kept additional guidance mostly the same as last month. Most dollar pairs including the EUR/USD slipped yesterday, but there is a hint of a recovery this morning. The biggest […]
We would like to inform you that due to National Day in Hong Kong, Unity Day in Germany, Chung Yeung in Hong Kong and National Day in Austria, all of which take place in October, the trading hours of various instruments will be affected on 1, 3, 17 and 26 October 2018. Please review the […]
https://pepperstone.com/en/forex-news/market-review -EUR, GBP, CAD and MXN all lose ground vs USD. -The Fed indicates there is room for one more in 2018. -Central banker speeches and US GDP on tap. -The IMF extends its record bailout to Argentina. -Jeremy Corbyn heads to Brussels. -Trade tariffs are hurting businesses in the US & China. The overnight […]
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 new -September 27th 2018 Related Posts:Video market update […]
To open long positions for EUR / USD pair, you need: Today, the Fed will announce its rate decision in the afternoon. Most likely, there will be no significant changes in the market, and trade will continue around the middle of the side channel at 1.1763. After raising rates on the part of the Fed, […]
The wave pattern of the H4 graph: The descending wave of the major pound from April 17 achieved the upper limit of the powerful zone of support for a higher timeframe. The wave structure looks formed. The wave pattern of the H1 graph: The potential of the rising wave from August 15 allows us to […]
