Bitmain, one of the largest companies involved in the production of equipment for extracting and mining Bitcoins, officially opens a point in Texas and expects to start mining early next year. The company confirmed that it will invest USD 500 million over the next seven years in the new Blockchain data center in the United […]
Morning Report: 07.00 London The US dollar remains under pressure as the US administration raises tariffs on more goods in the trade war against China. The dollar index is lower for the second straight day, given most dollar pairs a boost. The EUR/USD continues to out-perform, rallying from Monday’s opening gap lower. The EUR/CHF has […]
https://pepperstone.com/en/forex-news/market-review -Three majors push back vs the US dollar -The yuan eases further. -Dollar index tests back to 95. -China balance of payments surprises -RBNZ rate decision on the calendar. -What’s happening under China’s economic hood? The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. New To Forex […]
On Tuesday, the European currency is in a great mood. The euro dominates not only in the pair with the dollar, but also in cross-pairs, especially with the pound. And although the foreign exchange market is forced to settle for a half-empty economic calendar for the day, the single currency has found a reason for […]
Learn more about developing a trading plan: https://pepperstone.com/en/client-resources/how-to-develop-a-trading-plan Developing a trading plan can be challenging for new traders. Join expert trading educators, FX Evolution, as they explain the steps involved in writing your own unique trading plan. Related Posts:USD/JPY: Simple trading tips for novice traders on April… April 16, 2024 Trade Analysis and Advice on […]
EUR/NZD is once again testing important resistance at 1.7224, but we need a clear break above here to confirm that the next impulsive rally towards 1.7510 is in motion. As long as resistance at 1.7224 is able to cap the upside as long does the possibility for a final drop into the 1.7033 – 1.7066 […]
EUR/JPY has rallied nicely from the 128.48 low and is ready to test the short-term important resistance at 129.62. This resistance might be spiked, but likely only shortly and then cause a corrective decline to 129.00 before trying to push higher again. To confirm that wave ii/ completed with the 128.48 test, we need a […]
The euro is gradually strengthening its positions against the US dollar, forming an upward correction, which was necessary after the fall that has been observed throughout the past week. Traders ignored weak data on the German economy, which also indicates only a technical correction in the trading instrument, rather than real purchases from institutional players. […]
GBPAUD turned increasingly bearish after breaking support around 1.7627 on Friday in the four-hour chart, diving to a two-month low of 1.7406 on Tuesday. While the MACD signals that negative momentum could persist in the short-term, with the index increasing strength to the downside in negative territory and below its red signal line, the RSI and the […]
USDTRY hit a new all-time high of 5.4243 yesterday before prices pulled back a little today. The upside momentum had eased between May and July but started to gain traction again during August. Momentum indicators are holding firmly in the bullish zone but warn of a possible overextended rally. The RSI has crossed into overbought […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 Many employees of state and local governments in the U.S. are expecting a financially “comfortable” retirement. But, a big shock likely awaits. Here’s a sobering perspective. 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
Germany is the largest economy in Europe, with a GDP of more than $3.4 trillion. The country’s GDP is 21% of the entire GDP of the European Union. It is closely followed by the United Kingdom and France whose GDP are equal to 15% and 11% of the EU respectively. Therefore, it is easy to […]
The Australian dollar jumped after the decision by the Reserve Bank of Australia (RBA) to leave rates unchanged. In the meeting that ended earlier today, the bank left rates unchanged at 1.50% and pointed that the expansionary monetary policy will continue for the foreseeable future. In the accompanying statement, the RBA governor, Philip Lowe said: […]
W związku z obawami o twardy brexit, co oznaczałoby, że Wielka Brytania opuści Unię Europejską bez podpisania preferencyjnego porozumienia o współpracy, mocno traci na wartości brytyjski funt. W rezultacie w poniedziałek funt wobec dolara amerykańskiego był najsłabszy od 11 miesięcy. Z kolei na fali narastającego konfliktu na linii Waszyngton-Ankara oraz związanych z nim nerwowymi ruchami […]
The Reserve Bank of New Zealand (RBNZ) is widely anticipated to keep interest rates unchanged when it announces its rate decision on Wednesday at 2100 GMT. Given mixed developments lately, officials are unlikely to alter their message from the latest policy meeting that a rate cut remains on the table, something that could keep the […]
Disney’s earnings report for its fiscal third quarter will be made public after Tuesday’s closing bell on Wall Street. The consensus recommendation for the company is “buy”, which is in line with the average consensus recommendation for the Broadcasting peer group. The media and entertainment conglomerate’s quarterly earnings per share (EPS) are anticipated to come in […]
AUDJPY is trading in the middle of the trading range with upper boundary the 84.50 resistance level and lower boundary the 80.60 support, which has been holding since February 14. Also, the price stands within the 20- and 40-simple moving averages (SMAs) in the daily timeframe. Technically, the Relative Strength Index (RSI) is approaching the positive area […]
Daily Outlook In April 2018, the EUR/USD pair outlook turned to become bearish when the pair pursued trading below the broken uptrend as well as the lower limit of the depicted consolidation range. Shortly after, the price zone (1.1850-1.1750) offered temporary bullish rejection towards 1.1990. The EUR/USD bulls failed to pursue towards higher bullish targets. […]
Fancy wearing clothes that know when and where you are wearing them? If yes, Tommy Hilfiger has just the thing for you… You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#253338 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 […]
Daily Technical Analysis Video, 7th August 2018 The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Technical Analysis – Netflix stock moves within narrow range… April 18, 2024 Netflix stock continues to consolidate as Q1 earnings awaited Strong…Technical Analysis – GBPUSD tries to recoup some losses April 18, 2024 GBPUSD rebounds off 1.2405 […]
Recently, the GBP/USD has been trading sideways at the price of 1.2956. According to the M15 time frame, I found that price is trading inside of the upward channel, which is a sign that buyers are in control. Watch for potential buying opportunities if you see a breakout of the resistance trendline. The upward target […]
Trading recommendations: According to the 15M time frame, I found that price found resistance at the pivot resistance 1 ($7,067), which is a sign that buying looks risky. I also found a low close doji pattern and bearish cross on the stochastic oscillator, which is a sign of weakness. My advice is to watch for […]
Recently, the Gold has been trading upwards. The price tested the level of $1,215.71. Anyway, according to the M15 time frame, I found that price pivot resistance 1 at $1,214.20, which is sign that buyers are in control. I also found high doji close pattern and oversold condition on the stochastic oscillator, which is another […]
4h On the 4-hour chart, quotations of the GBP / USD pair continue its decline in the direction of the Fibo level of 261.8% at 1.2638. Bullish divergence in the CCI indicator allows the pair to turn in favor of the British pound and begin the growth process in the direction of the correction level […]
This is the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to noon. Euro/Dollar moved briefly above the 1 16 level as it gained a total of 52 pips. Turnover is high and neutral sentiment of the traders is 7% short. Uptrend has provided profit […]
This Wednesday could be an interesting trading day for Kiwi Dollar traders, so let’s take a closer look with the Dukascopy Economic Calendar. Canadian Building Permits for June are out first at a half past noon GMT. The value of permits issued by Canadian municipalities increased by 4.7% to 8.2 billion Canadian Dollars in May. […]
• AUDNZD broke key resistance level 1.0960 • Further gains are likely AUDNZD continues to rise inside the short-term impulse wave 3, which recently broke above the key resistance level 1.0960 (which has reversed the price numerous times from the end of May, as can be seen below). The breakout of the resistance level 1.0960 […]
• Wheat reversed from powerful support area • Further gains are likely Wheat recently reversed up sharply from the powerful support area lying between the key support level 550.00 (former multi-month resistance from May) and the 38.2% Fibonacci correction of the previous upward impulse (1). The upward reversal from this support area started the active […]
GOLD PRICES held in a tight $5 range around $1213 per ounce Tuesday morning in London, moving sideways against a weaker US Dollar as commodities edged higher and Donald Trump issued a warning to other countries over doing trade with Iran – now back under US sanctions over its nuclear research program. With gold […]
Here are the latest developments in global markets: FOREX: The US dollar index, which gauges the greenback’s strength against a basket of six major currencies, eased by 0.26% today, after it came close to the more than 1-year high of 95.652 on Monday. Dollar/yen retreated as well by 0.20%, while euro/dollar picked up speed, trading near 1.1600 […]
