To open long positions for EURUSD, it is required: Markets are gradually taking a break ahead of tomorrow’s meeting of the Federal Reserve, which is expected to raise interest rates in the United States. Buyers of the euro coped with the level of 1.1763 in the morning, and while trading is above this range, the […]
http://my.elliottwave.com/resources/free/market-myths-exposed.pdf?tcn=ytv1703 Millions of investors analyze the Fed’s every word. But do central banks control financial markets? It’s time to take a close look at the data. http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx Learn How the Wave Principle Can Improve Your Trading Related Posts:EUR/USD. May 8th. The market continues to rest against the… May 8, 2024 The EUR/USD pair on Tuesday […]
To open long positions for GBP / USD, you need: Buyers showed themselves in the support area of 1.3098, which I paid attention to in my review yesterday. While the trade is going above this range, demand for the pound will remain, and the first goal will be the highs of yesterday’s 1.3164, where I […]
4h The second test of the correction level of 100.0% – 1.1791 for the EUR / USD currency pair also ended with a rebound and a reversal in favor of the US currency. Thus, a new drop in quotations began in the direction of the correctional level of 76.4% – 1.1675. Also yesterday, the bearish […]
4h The currency pair GBP / USD, after dropping from the correction level of 23.6% – 1.3067, worked in favor of the British currency. However, today, September 25, the fall in quotations may be resumed, and the pair may return to the Fibo level of 23.6%. Fixing the quotes under the correction level of 23.6% […]
China’s announcement that it is suspending the negotiation process with America on customs duties has returned investors to the ground, as it showed that before the conclusion of the trade agreement between the two largest economies in the world, it is still very far away and it seems that the parties have not yet reached […]
On Monday, the next US measures to equalize the trade balance with China came into effect. Duties on Chinese imports of $ 200 billion increased by 10%, from January 1, 2019, they will be increased to 25%, while the products of American companies, in particular, Apple, are excluded from the duties. China is expected to […]
EUR / USD On Monday, the euro tried once again to work out the upper limit of the range of 1.1750-1.1832, but it did not succeed and the closing occurred under the lower boundary of the range. The reason for the active movement was Mario Draghi’s remark about the optimistic prospects of the labor market. […]
GBP / USD On Monday, the British pound closed the day with a 45-point rise. The investors hurried to re-position contracts before tomorrow’s decision of the Fed on the rate. Also, the government rushed to refute the rumor about the resignation of Prime Minister May before England withdrew from the EU. The price increase was […]
USD / JPY The yen was able to overcome the resistance of the trend line of the downward price channel on the daily chart. Despite the fact that yesterday in Japan was a holiday. The double divergence of the price and the oscillator on the four-hour chart did not take place. Instead, there was a […]
Dear colleagues. For the currency pair Euro / Dollar, the continuation of the upward movement is expected after the passage at the price range of 1.1809 – 1.1829. For the Pound / Dollar currency pair, we follow the formation of the downward structure from September 20 and at the current moment, the price is in […]
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 […]
