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 […]
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 24th 2018 Related Posts:Analysis of the […]
With base metals prices having slipped in recent months, copper producer Central Asian Metals Plc (CAML) has seen its share slip but, as chairman Nick Clarke says, with its low-cost production in Kazakhstan and Macedonia, it is able to compete well as one of the world’s lowest cost producers. Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 Learn more about IG: […]
https://pepperstone.com/en/forex-news/market-review -Majors and EM FX push backs vs the USD. -Chinese equities & HK interbank rates move as trade talks declined. -Trump to meet with SK leader in the USA. -German IFO survey and BOJ minutes in the calendar. -US corporates have a lot of debt to refinance at higher rates. The overnight changes and […]
Want to learn how to maximise your results while using lower leverage? Join market expert Boris Schlossberg as he shares his margin trading strategies. He will also explore the rules, risk, and rewards of leverage and how it can be used intelligently in your day-to-day trading.
September is historically the worst month for equities but 2018 is shaping up to be an exception. US stocks hit a record high and this was crucial to the recovery of euro, aussie and other major currencies. The big story this month was that investors ignored all of the negative trade headlines, choosing instead to […]
September is historically the worst month for equities but 2018 is shaping up to be an exception. US stocks hit a record high and this was crucial to the recovery of euro, aussie and other major currencies. The big story this month was that investors ignored all of the negative trade headlines, choosing instead to […]
September is historically the worst month for equities but 2018 is shaping up to be an exception. US stocks hit a record high and this was crucial to the recovery of euro, aussie and other major currencies. The big story this month was that investors ignored all of the negative trade headlines, choosing instead to […]
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- Weekly financial new -September 23th 2018 Related Posts:Weekly Technical Outlook […]
Statistics Canada reports that the Canadian Retail Sales in July are growing by 0.3% in monthly terms to the level of $ 50.9 billion due to higher sales of food, beverages and fuels. Market measurements that exclude the most volatile components of sales turned out to be much more important for the market. In this […]
Next week begins on a relatively quiet note. Aside from the fundamental updates regarding Brexit and the global US trade saga, the first potentially market-moving information comes from the Bank of Japan (BOJ) as they release the latest minutes from the monetary policy meeting in the early hours of Tuesday morning. Why trade with ETX […]
On June 23, OPEC and non-OPEC producers known as OPEC plus decided to raise production by 1 million barrels per day after cutting supply for over two years. However, talks then did not specify how the supply increase would be allocated among participants, with OPEC plus oil producers arranging a meeting on September 23 in […]
All eyes will be on the Federal Reserve policy meeting in the United States next week as markets await the central bank’s response to a firming inflation outlook and rising global trade tensions. The Reserve Bank of New Zealand will too be holding a policy meeting. But it will be a more muted week for […]
Let’s take a look at the potential market movers scheduled for publication on Monday. Trading could potentially be lighter than usual as it’s a market holiday in Japan due to Autumn Equinox Day and also a market holiday in China, where it’s Mid-Autumn festival time. German IFO Business Climate for September will be available at […]
Yesterday, the implementation of the priority upward model that allowed the pair to gain a foothold above the determining level of resistance at 1.1707. Any depreciation should be regarded as a correction. Strong growth during the Thursday European and American sessions allowed us to step out of the medium-term accumulation zone. Closure of the American […]
Yesterday’s growth led to the test of two important target zones. The weekly control zone of 1.3312-1.3288 was reached, located within the monthly CP of September. This fact significantly increases the likelihood of a large offer. Finding the price within the monthly CP indicates the need to close all purchases. The first support is the […]
Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1802. Anyway, according to the M30 time – frame, I found the fake breakout of yesterday’s high at the price of 1.1784, which is a sign of weakness. I also found a hidden bearish divergence on the MACD oscillator, which is […]
The morning session is over on this Friday; let’s look back at rate movements and trader performance. Euro/Dollar hit the daily high shortly after 7 AM, but a following decline has resulted in a slight loss. Turnover is high and neutral sentiment of the traders is almost at an even balance. Rise was followed by […]
• Copper broke resistance zone • Further gains are likely Copper continues to rise after the earlier breakout of the resistance zone lying between the resistance level 272.00, 50-day moving average and the 50% Fibonacci correction of the previous sharp downward impulse 5 from July. The breakout of this resistance zone accelerated the active short-term […]
• CHFJPY broke key resistance level 117.00 • Further gains are likely CHFJPY continues to rise after the earlier breakout of the key resistance level 117.00 – which accelerated the active short-term impulse wave 3 from the start of September. The active impulse wave 3 is a part of the medium-term impulse wave (3) from […]
Here are the latest developments in global markets: FOREX: The dollar’s index against a basket of six major currencies traded higher by 0.1% after touching its lowest since early July of 93.81 earlier on Friday. Still, the index mostly consolidated yesterday’s considerable losses. Dollar-advancing on Friday was most evident against the yen and sterling. The […]
The US 500 index reached a fresh all-time high of 2939.20 earlier today and has been stuck in a channel titled to the upside since April 2. The bullish picture seems to be overstretched as the RSI indicator is flattening near the 70 level, however, the MACD oscillator posted a bullish crossover with its trigger […]
The September meeting of the Swiss Central Bank passed quietly and imperceptibly. The summit in Salzburg, US-China relations and events on the oil market overshadowed the meeting of the members of the Swiss regulator. Traders did not expect any unexpected moves from the SNB, and their expectations were fully justified. The central bank repeated the […]
Recently, Gold has been trading sideways at the price of $1,205.30. Anyway, according to the H1 time – frame, I found potential ending of the upward correction (abc flat) in the background, which is a sign that buying looks risky. I also found the breakout of the most recent support trendline, which is another sign […]
PLATINUM PRICES outpaced gold and silver again on Friday in London, extending this week’s rally against the falling US Dollar to 5.1% as world stock markets also rose. China’s stock market jumped over 3%, hitting 4-week highs as analysts said Beijing has built a strong economic “cushion” against its worsening trade war with the […]
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 1.1830. The EUR/USD bulls failed to pursue towards higher bullish targets. Instead, a descending high was established around 1.1800. On […]
Previously, The GBP/USD pair was testing the depicted downtrend line which came to meet the pair around 1.3025-1.3090. This week, 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 […]
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 […]
Check your broker’s price feed quality by watching the Dukascopy Spike Controller, providing you with the benchmark interbank price data for Friday. Euro/Dollar’s long term average spread is point 31 pips and maximum separation has been 1.4 pips. Euro has pushed higher against the Buck, rising above the 1 18 level as the pair gained […]
Hence, the market is indicating a bearish opportunity below 1.2969 so it will be good to sell at 1.2969 with the first target of 0.9965. It will also call for a downtrend in order to continue towards 1.2796. The daily strong support is seen at 1.2796. On the other hand, the stop loss should always […]
