Forecast for EUR / USD pair as of September 28, 2018 Markets agreed that the rate on the euro is hasty and premature. On the second day after the rate increase by the US Central Bank, investors connected to work in this direction. EUR / USD pair On the second day after the rate hike, […]
Overview: The AUD/USD pair will be probably continue to rise from the level of 0.7233 in the long term. It should be noted that the support is established at the level of 0.7233 which represents the 50% Fibonacci retracement level on the H4 chart. The price is likely to form a double bottom in the […]
EUR/GBP has been quite impulsive in the bearish bias recently which is expected to lead the price towards 0.8850 area in the process. Recently GBP has been the dominant currency in the pair against EUR. GBP pushed the price lower despite the macroeconomic reports published this week in the eurozone. Despite confusion amid the mixed […]
The wave pattern of the H4 graph: The last wave of this scale completes the downtrend of the daily timeframe. The wave is not complete. The wave pattern of the H1 graph: The rising wave from August 15 formed a correctional part (B) in a larger model. Minimum levels passed and the wave lengthened. The […]
hello, traders, it’s the last day of the trading month and time for the Dukascopy Spike controller. We start with the Euro-Dollar pair which has a daily average spread of point 28 pips and a maximum spread of 1.8 pips. the Us Jobless claims had the most pressure on the spreads but the pair has […]
Risk Warning: 69% 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 […]
This was a major week in terms of news for all market participants. This article will provide a summary of the key events of the week and what they mean for investors. United Nations General Meeting This week, world leaders made the annual pilgrimage to New York to attend the annual general meeting. This meeting […]
All roads will lead to Birmingham on Sunday, where the UK’s ruling Conservative Party will hold its annual three-day conference to map out its political strategies. With the coming weeks being the make-or-break period for reaching a Brexit deal, sterling will likely be ultra-sensitive to any remarks around the negotiations, as well as any hints […]
Compared to the excitement of last week’s FOMC rate hike and Euro Zone inflation, the beginning of the week may seem a bit uneventful. There is, however, a whole raft of Manufacturing PMI data coming on Monday from the UK, Europe, USA and Canada. As the manufacturing sector dominates a large part of total GDP […]
To open long positions for GBP / USD pair, you need: An unsuccessful attempt to grow the pound in the morning forms a new wave of decline. Under such a scenario, it is best to consider new long positions in the GBP/USD pair after updating the weekly low around 1.3065 or on a rebound from […]
GBPJPY has been moving lower, reaching the short-term rising trend line. The price dropped below the 20- and 40-simple moving averages in the 4-hour chart, while the technical indicators are confirming the recent risk to the downside. The RSI indicator is pointing down near the 50 level and the %K line of the stochastic oscillator is ready […]
Its Friday and the last trading day of the month so its time to see how the technicals compare with the interbank at 8 AM GMT by watching the Dukascopy Daily Trading Signals. first up is the euro-dollar, it has 4 and 6 sell signals in the 1 and 4-hour charts but the daily scale […]
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 is higher by 0.17% against a basket of six major currencies on Friday, extending the significant gains it recorded in the previous session. The euro, which holds the largest weight by far among those six currencies, edged lower as concerns around the Italian budget […]
USDCAD has been consolidating since July 20 and has been stuck in a channel with upper boundary the 1.3230 resistance level and lower boundary the 1.2880 support, which overlaps with the 38.2% Fibonacci retracement level of the upleg from 1.2060 to 1.3385. Moreover, the price is trading around the mid-level of the trading range, the 23.6% Fibonacci […]
EUR/USD has done exactly what bulls DID NOT want to see. Bounced to 1.18, got rejected and then pushed back below 1.17. Last chance for EUR/USD bulls is to hold above 1.16 and start soon a new upward move. EUR/USD is challenging important support today. Orange dots – medium strength resistance Red dots – maximum […]
Gold price has broken through support levels and is now challenging the $1,180 level. Trend remains bearish as price is still inside the bearish channel. I have been saying for some time now that as long as price is below $1,211, prices are vulnerable for a move lower towards $1,180 and why not to new […]
During yesterday’s speech, Stephen Poloz said that the Bank of Canada will gradually raise interest rates until monetary policy is normalized. Uncertainty about the situation in the future is not a sufficient reason to keep interest rates unchanged. The decisions of the central bank will continue to depend on macroeconomic publications and other sources of […]
The market sentiment remains good on the last trading day. The stock market is climbing up, and Tokyo Nikkei 225 attacks 27-year highs. It uses USD/JPY, which was the highest since December 2017. It is better to have risk currencies, except NZD. A lot of hype comes from ordering the position at the end of […]
As the local magazine informs, the Austrian government plans to use Public Blockchain Ethereum to issue government bonds worth 1.15 billion euros next week. Oesterreichische Kontrollbank (OeKB), one of the largest banks in Austria, is said to be serving the not-for-profit blockchain service operating “live”. During the auction scheduled for October 2, the bank will […]
Morning Report: 07.00 London The US dollar is experiencing an amount of selling pressure, but yesterday’s post-Fed gains are still unthreatened. The dollar remains the currency of choice for traders with its well communicated rate path pointing firmly higher. The EUR/USD is recovering to test the 1.1650 level after huge losses yesterday, with the pair […]
Bitcoin has been quite impulsive with the bullish gains which lead the price to impulsively break above $6,500 area while also being supported by the dynamic levels of 20 EMA, Tenkan and Kijun line in the price. The price breaking above the Kumo Cloud resistance while also breaking above the $6,500 area, provided the required […]
USD/CHF has been quite impulsive with the bullish gains recently which is expected to continue further in the coming days. After the recent rate hike from 2.00% to 2.25%, USD gained momentum against CHF which is expected to sustain further. USD has been quite positive after the recent rate hike which lead the market bias […]
https://pepperstone.com/en/forex-news/market-review -EUR, GBP, CHF, AUD and NZD are all losers. -Dollar index moves back above 95 on the Fed and macro data. -Gold comes under renewed pressure. -Mixed data from Japan. -UK and Canadian GDP on tap. -Just how many jobs have left London for Frankfurt? The overnight changes and price moves to be aware […]
The daily trading range is getting smaller and smaller, indicating that energy is building for the next larger move towards the upside. A break above minor resistance at 1.7685 will be the first good indication, that the next impulsive rally towards 1.8030 is developing, while a break above resistance at 1.7732 will confirm this rally […]
With the dip to 131.55, the minor sideways correction should be complete and ready to build the next impulsive rally towards 134.07. This next rally should complete the blue wave (3) and set the stage for a new corrective dip close to 131.75 before turning higher again. Support is now seen at 131.55 and then […]
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 28th 2018 Related Posts:Financial future on […]
4-hour timeframe The amplitude of the last 5 days (high-low): 116п – 70п – 91п – 62п – 72п. The average amplitude over the last 5 days: 82п (81п). All macroeconomic reports scheduled for Thursday, September 27, have already been published. However, the strengthening of the US currency began at the Asian trading session, and […]
This week, a local accumulation zone is being formed. The pair is sandwiched between two significant control zones. Growth remains a priority, as the bullish structure has not been disrupted. Strong news regarding the interest rate of the US dollar did not have a strong impact on the market, which allowed the pair to stay […]
