To open long positions for EUR / USD pair, you need: Buyers are again required to return to the resistance level of 1.1767, which is the middle of the side channel. The breakthrough of this range, which took place yesterday after the ECB President Mario Draghi’s speech, will once again bring the euro back to […]
Why has Linux founder Linus Torvalds decided to take a step back from his company? You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#258319 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman […]
It’s time for the Dukascopy Economic Calendar, where we take a look at the potential market movers scheduled for publication on Wednesday the 26th of September. We start in the UK at 10AM GMT with the UK CBI Realized sales for September. Then we jump over the Atlantic at 2PM GMT for the US New […]
Last year, palladium was the best-performing metal, rising by more than 40%. This year, it lost the momentum and dropped sharply. The decline was mostly because of the ongoing trade war between the United States and China. Since palladium is used in the automotive industry, its price is often seen as an indicator of vehicle […]
On January, the XAU/USD pair was at 1,310. The price moved up to a YTD high of 1,366, and then started moving lower. In August, it reached a YTD low of 1,160 and then started to move up. Today, the XAU/USD pair reached a high of 1,200. At the same time, the dollar index started […]
A “going private” tweet by CEO Elon Musk and a series of senior executive departures within the span of a few weeks have been weighing on Tesla’s stock and keeping the company in the news. Once the dust settles though and the fundamentals become the primary driver of the corporation’s shares, one has to ponder […]
West Texas Intermediate (WTI) futures reached a fresh more than two-month high of 72.70 in Monday’s session. Price action is at the moment taking place not far below this peak, while it is holding well above the simple moving averages (SMAs) in the 4-hour chart. In the short-term, the MACD oscillator is moving slightly higher in the […]
EUR/JPY has been quite impulsive with the recent bullish gains which led the price to reside above 132.00 area with a daily close. JPY has lost footing against EUR despite mixed economic reports from the eurozone. BOJ is currently keeping its monetary policy without any notable changes or rate hikes that is expected to lead […]
The Federal Reserve (Fed) is widely expected to lift rates by 25 basis points at the conclusion of its two-day policy meeting on Wednesday. IGTV’s Victoria Scholar caught up with Andrew Mulliner, portfolio manager at Janus Henderson, to discuss more. 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 #federalreserve #fed […]
It’s 12 PM GMT on this Tuesday, so let’s see how things are shaping up for the market players. Euro/Dollar rose by 60 pips after the early decline to trade a quarter of a percent in the green at noon. Traded volume is average and sentiment of the traders is neutral at 14% short. Bears […]
GOLD PRICES edged above last week’s finish at $1200 per ounce Tuesday morning, holding in a tight range yet again as crude oil set fresh 4-year highs and government bond yields ticked up ahead of tomorrow’s interest-rate decision from the US Federal Reserve. Gold was also little changed for non-Dollar investors, trading at €1020 for […]
The Fed is practically certain to raise interest rates by another quarter-percentage point on Wednesday at 1800 GMT. With such an action being fully priced in already, investors will probably focus more on the updated rate projections, economic forecasts, and Chair Powell’s press conference for fresh guidance. Given a booming US economy, policymakers are likely […]
Trading recommendations: According to the H1 time – frame, I found potential end of the 20-day upward correction (expanded flat), which is a sign that buying looks risky. I also found that prrice rejected from the Fibonacci expansion 161.8% at the level of $6.783. My advice is to watch for selling opportunties on the rallies. […]
GBP/USD has been quite indecisive and volatile recently while residing above 1.3050 area with a daily close. GBP has been holding the upper hand in the pair, while USD gained certain impulsive momentum recently just ahead of the federal funds rate hike this week. Today on the GBP side, MPC Member Vlieghe spoke about the […]
Recently, Gold has been trading sideways at the price of $1,199.75. According to the H1 time – frame, I found the potential end of the upward correction (abc flat-zig zag), which is a sign that buying at this stage looks risky. I also found that the most recent upward correction is just a potential part […]
Hello, traders, the Dukascopy TV team is here with Tuesday’s Spike Controller. Euro/Dollar’s long term average spread is point 33 pips. Maximum separation has been 2.3 pips. The pair moved South of the 1 18 level as it declined by point 71% or 84 pips. Spreads were slightly bumpy yesterday shortly after 1 PM GMT, […]
Here are the latest developments in global markets: FOREX: The Japanese yen remained under pressure versus the US dollar as the 10-year US government bond yields reached fresh 4 ½-year highs at 3.10%. Dollar/yen returned to 112.88 (+0.08%) after peaking as high as 112.96 early today, the highest since July 19, while the dollar index stood […]
The Reserve of Bank of New Zealand (RBNZ) will be deciding on interest rates on Wednesday at 2100 GMT. The central bank is expected to hold rates steady at 1.75% and the meeting will be accompanied by a press conference by Governor Adrian Orr, and thus the focus will be on the statement for any […]
Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3160. Anyway, according to the M15 time – frame, I found a breakout of the intraday support trendline, which is a sign that buying looks risky. I also found a hidden bearish divergence on the LBR 3/10 oscillator, which is another […]
Overview: The USD/CAD pair will continue rising from the level of 1.2927 in the long term. It should be noted that the support is established at the level of 1.2927 which represents the daily pivot point on the H1 chart. The price is likely to form a double bottom in the same time frame. Accordingly, […]
Overview: The market is still trading above the major support of 0.9651. It continued to move downwards from the level of 0.9689 to the bottom around 0.9651. Today, the first resistance level is seen at 0.9728 followed by 0.9776, while daily support 1 is seen at 0.9651. The USD/CHF pair broke support which turned to […]
Hello, traders, the Dukascopy TV team is here with Tuesday’s Spike Controller. Euro/Dollar’s long term average spread is point 33 pips. Maximum separation has been 2.3 pips. The pair moved South of the 1 18 level as it declined by point 71% or 84 pips. Spreads were slightly bumpy yesterday shortly after 1 PM GMT, […]
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, […]
On September 13, The GBP/USD pair was testing the depicted downtrend line which came to meet the pair around 1.3025-1.3090. 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 zone to […]
Let’s find out how the interbank compares with the technicals at 8 AM GMT on Tuesday. Euro/dollar’s short and long term indicators are mostly pointing up, but the 4-hour chart shows mixed signals. Interbank sentiment is neutral at less than 6% short. 5 models point up in the Cable’s hourly chart. Mid and long term […]
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 […]
Here are the latest developments in global markets: FOREX: The dollar index is higher on Tuesday, albeit by less than 0.10%, looking to extend the marginal gains it posted in the previous session. Meanwhile, the euro spiked higher after ECB chief Mario Draghi struck a more upbeat tone with regards to the bloc’s economic outlook. The […]
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 […]
Morning Report: 07.00 London This morning, the dollar is back in control amid general uncertainty in other safe haven regions. The AUD/ USD is weak again for the second straight day as Chinese stock markets slump and Australia catches a cold by proximity. The euro is holding up ok following ECB President Draghi’s speech which […]
Gold price continues to trade around $1,200. Price bounced off the $1,192 low towards $1,203 as a back test of the broken resistance and got rejected. Gold bulls need to break above $1,211 for a move higher. As long as price is below that level, they are in danger of seeing another sell off. Red […]
