Overview: The USD/CAD pair continues to trade downwards from the levels of 1.3094. This week, the pair dropped from the level of 1.3169 to the bottom around 1.2974 then set around the spot of 1.3080. Today, the first resistance level is seen at 1.3094 followed by 1.3132, while daily support 1 is seen at 1.2974. […]
Overview: Last week, the GBP/USD pair hit the weekly support levels of 0.2780 and 0.2722. Thus, it dropped down in order to bottom at the point of 1.2780. The daily pivot point is seen at the price of 0.2780. Today, the pair is trading below its pivot point (1.2780). It is likely to trade in […]
Good morning traders, you’re watching this week’s first trading signals brought to you by the Dukascopy TV team. Euro/Dollar’s short and long term technicals show mixed results. Mid-term chart has 4 neutral prompts. Interbank sentiment is bearish at 33% short. Pound/Dollar has 6 neutrals in the hourly chart. 4 studies point North in the mid […]
Here are the latest developments in global markets: FOREX: The dollar was up by a bit less than 0.2% versus a basket of currencies on Monday. In the absence of major data releases, any updates on the Sino-US trade relationship, as well as any Turkey-related developments may act as the catalysts to steer the currency […]
As we expected, according to our previous analysis, EUR/USD has bounced towards 1.1450 on Friday. EUR/USD is back testing the previous support area at 1.15 which is now resistance. A rejection at current levels will increase the chances of a move to new 2018 lows towards 1.11-1.12. Blue line – medium-term resistance Red line – […]
Gold price has broken short-term resistance and could give us a short-term bounce towards $1,190-$1,200 as long as the price is above $1,170. Trend remains bearish as long as the price is below $1,210. Black lines – wedge pattern Gold price remains below the Ichimoku cloud and inside the wedge pattern. As long as both […]
On Friday, the formation of a reversal pattern occurred, indicating an upward priority that determines the trade direction for today. The growth target is the weekly KZ 1.1503-1.1484. Last week, there was a test of the monthly KZ in August which determined the emergence of large demand. At the end of the week, a reversal […]
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 -August 20th 2018 Related Posts:Market continues to […]
EURUSD recorded three consecutive green days following the rebound on the 14-month low of the 1.1300 strong psychological level, achieved on August 15. The technical indicators continue to move in bearish zones, with the RSI flattening below the threshold of 50 and the MACD oscillator developing beneath zero and its red signal line. However, the stochastic oscillator is […]
Today’s session should be rather calm because apart from the publication of the PPI index in Germany, the global investors will not get any important macroeconomic data. In the calendar, however, we will find scheduled speeches by several central bankers, but no president, so markets will hardly attach much importance to them. Nevertheless, speeches will […]
Nvidia, a graphics chip manufacturer, recorded huge increases at the end of 2017 and for most of 2018, when the demand for advanced graphics processors used to extract cryptocurrencies increased sharply. The recent drops in the market caused a drop in demand, which forced Nvidia to change its strategy. Nvidia’s largest rival, Advanced Micro Devices […]
Morning Report: 07.00 London The US dollar is in control in tentative trading this Monday morning. The AUD/USD has gapped lower after hefty gains on Friday following poor US consumer sentiment data on Friday. The GBP/USD and EUR/USD are retreating further after two days of gains. The USD/CAD sunk heavily on Friday as the Canadian […]
GBP/USD has been quite volatile below 1.2850 which is expected to retest before pushing lower again with the trend in the coming days. Due to BREXIT impact and worse economic reports, GBP has been struggling with the gains against USD which is expected to extend further lower in the coming days. Today GBP Rightmove HPI […]
EUR/USD has been quite bullish recently after bouncing off the 1.13 support area which is expected to retrace for a short period of time before pushing lower with the bearish trend in the coming days. EURO has been quite positive with the recent economic reports which helped the currency to gain more momentum against USD […]
CAD/CHF reversed off its resistance at 0.7625 (61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.7583 (61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected. CAD/CHF reversed off […]
AUD/USD reversed off its resistance at 0.7320 (100% & 61.8% Fibonacci extension, 38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 0.7245 (61.8% Fibonacci retracement). Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected. AUD/USD reversed off its […]
https://pepperstone.com/en/forex-news/market-review -Majors push back. -Dollar index falters, but ZAR had a tough week. -Testimony on trade tariffs begins today in DC. -Thailand grows ahead of forecasts. -It’s a good time to be a Russian worker. -All change in Aussie energy. -What matters in US trade relations. The overnight changes and price moves to be aware […]
Nothing happening here. The range-trading between 1.7220 and 1.7310 continues to dominate the picture. We continue to look for a break above resistance at 1.7310 and more importantly a break above resistance at 1.7355 that confirms red wave ii has completed and red wave iii has taken over for the next impulsive rally towards 1.7924 […]
The complex correction in wave iv/ continues to dominate the picture here. We continue to look for c/ of iv stretching a bit higher towards 127.94 before completing wave iv/ and turning lower to just below 124.89 to complete wave v/ of C of ii. Once this very complex correction in wave ii is complete […]
When the European market opens, some Economic Data will be released such as German Buba Monthly Report and German PPI m/m. The US will not release any Economic Data’such, so amid the reports, EUR/USD will move in a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1493. Strong Resistance:1.1486. Original […]
Today, Japan and the US will not release any Economic Data. So there is a probability the USD/JPY will move with low volatility during this day. TODAY’S TECHNICAL LEVEL: Resistance. 3: 111.08. Resistance. 2: 110.86. Resistance. 1: 110.65. Support. 1: 110.38. Support. 2: 110.17. Support. 3: 109.95. Disclaimer: Trading Forex (foreign exchange) on margin carries […]
The second full week in August was another good one for the U.S. dollar. The greenback extended its gains against most of the major currencies but the rally is slowing. We’re beginning to see short covering in pairs like EUR/USD and AUD/USD but the moves have been cautious. The problem is that as we look […]
The second full week in August was another good one for the U.S. dollar. The greenback extended its gains against most of the major currencies but the rally is slowing. We’re beginning to see short covering in pairs like EUR/USD and AUD/USD but the moves have been cautious. The problem is that as we look […]
The second full week in August was another good one for the U.S. dollar. The greenback extended its gains against most of the major currencies but the rally is slowing. We’re beginning to see short covering in pairs like EUR/USD and AUD/USD but the moves have been cautious. The problem is that as we look […]
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 -August 19th 2018 Related Posts:Weekly forecast based on […]
• Sugar falling inside minor impulse wave 5 • Further losses are likely Sugar continues to fall inside the minor impulse wave 5 – which belongs to the medium-term impulse wave (3) from the end of May (which previously broke through the key support level 10.80). The price earlier made a failed attempt to break […]
• EUR/CHF reversed from long-term support level 1.1250 • Further gains are likely EUR/CHF continues to rise after the earlier sharp upward reversal from the long-term support level 1.1250 (which also previously reversed the price sharply in August of 2017) – strengthen by the lower daily Bollinger Band. The upward reversal from this support level […]
Dear colleagues. For the EUR / USD pair, the price is in the correction zone. The level of 1.1455 is the key support for the downward cycle from August 8. For the GBP / USD pair, we expect the continuation of the movement downward. We are wait after passing the price of the noise range […]
Last week we saw a midweek triple digit sell off in major Indices, such as the Dow Jones, German DAX and the FTSE 100, as investors assessed the impact of Turkey’s currency crisis and escalating trade tensions between the United States and its trading partners. Why trade with ETX Capital? – http://www.etxcapital.co.uk ETX Capital is […]
Economic Calendar is relatively light on this week’s opening trading day, so let’s take a closer look. German Producer Price Index for July opens this agenda at 6 o’clock in the morning. Prices were up by point 3% in June and this was the fourth consecutive monthly increase. Euro Zone Construction Output for June follows […]
