To open long positions for GBP / USD, you need: Opening long positions on the pound is advised only after the breakdown and consolidation above resistance 1.3119, which will lead to the upward trend formation in the areas of 1.3041 and 1.3079, where it is recommended to fix profits. In case of a further decline […]
EUR/USD On Friday, Europe’s economic indicators came out worse than expected, and the US mixed, but the main focus of the market on employment showed an increase in the indices and the dollar strengthened against major currencies. Services PMI of the eurozone in the final assessment for July was lowered from 54.4 to 54.2. Industrial […]
Morning Report: 07.00 London This morning, markets have so far ignored the PBoC’s activity to strengthen the Renminbi over the weekend. The dollar index is on the rise again after being hit by Friday’s poor payrolls and manufacturing PMI data. The AUD/USD made hay on Friday, making gains back up to the 0.7400 level, but […]
The dollar adds at the start of a new week, despite the weak employment growth in July report. The EURUSD pair is trading near the 6-weeks lows at 1.1550. Despite a poor number of jobs created, market participants felt that the Fed would maintain its commitment to the gradual tightening of the policy with two […]
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 […]
Dear colleagues. For the EUR / USD pair, the continuation of the movement downwards following the breakdown of 1.1558 is considered as an upward movement correction. For the GBP / USD pair, we follow the development of the downward cycle from July 26. The continuation of the downward movement after the breakdown of 1.3000. For […]
Forecast for August 6: Analytical review on the H1 scale: According to Gold, the major key levels on the H1 scale are: 1238.54, 1233.17, 1229.60, 1224.24, 1220.02, 1214.12, 1211.08 and 1205.42. Here, we observe the formation of the initial conditions for the upward cycle of August 3. The upward movement is expected to continue after […]
Canaan Creative released the world’s first TV for Bitcoin mining – AvalonMiner Inside. The second largest mining equipment manufacturer in the world thus introduces innovation to its product line, according to the South China Morning Post. The TV can process 2.8 trillion hares per second at 100 W / T, compared to the most powerful […]
EURUSD has been underperforming in the past four days, breaking back below the 20- and 40-simple moving averages in the daily timeframe. The world’s most traded currency is ready to create a consolidation area if it touches again the 1.1510 – 1.1530 zone and reverses back up. The upper boundary of the channel is the […]
Daily Technical Analysis Video, 6th August 2018 The material has been provided by InstaForex Company – www.instaforex.com Related Posts:EUR/USD. Analysis for April 12th. The euro falls down under… April 12, 2024 The wave analysis of the 4-hour chart for the EUR/USD…GBP/USD. Analysis for April 12th. A significant event: the… April 12, 2024 The wave analysis […]
https://pepperstone.com/en/forex-news/market-review -The dollar has a week of gains. -EUR, GBP, CHF and ZAR are all losers. -USDX starts the week above 95, can it stay there? -Saudi expels Canada’s ambassador. -Which stocks have the most exposure to foreign earnings? The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. […]
The first week of August was a fairly good one for the U.S. dollar. The greenback appreciated against all for the major currencies with the exception of the Swiss Franc, Australian and Canadian dollars. Sterling was the worst performer while the loonie enjoyed broad based gains. The Australian and New Zealand dollars bounced off 2 […]
The first week of August was a fairly good one for the U.S. dollar. The greenback appreciated against all for the major currencies with the exception of the Swiss Franc, Australian and Canadian dollars. Sterling was the worst performer while the loonie enjoyed broad based gains. The Australian and New Zealand dollars bounced off 2 […]
The first week of August was a fairly good one for the U.S. dollar. The greenback appreciated against all for the major currencies with the exception of the Swiss Franc, Australian and Canadian dollars. Sterling was the worst performer while the loonie enjoyed broad based gains. The Australian and New Zealand dollars bounced off 2 […]
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 5th 2018 Related Posts:Weekly forecast based on […]
• NZDCAD broke major support level 0.8780 • Further losses are likely NZDCAD continues to fall after the previous breakout of the major support level 0.8780 (which reversed the previous sharp impulse wave (A) in the middle of May, as can be seen from the daily NZDCAD chart below). The breakout of the support level […]
• Natural Gas rising inside corrective wave 2 • Further gains are likely Natural Gas continues to rise inside the short-term corrective wave 2 which started earlier from the strong support level 2.720 (which has been steadily reversing the price from the end of April). The support zone near the support level 2.720 was further […]
GOLD PRICES bounced Friday after weaker-than-expected US jobs data, but still headed for the lowest weekly finish of 2018 or worse versus most major currencies. China’s stock market closed the week at its lowest since the end of 2016, down 25% from January’s peak as Beijing readied new tariffs on $60 billion of US […]
EURCAD has lost considerable ground after touching a three-month high of 1.5585 in late June. Earlier on Friday, it hit a two-month low of 1.5061. The Tenkan- and Kijun-sen lines are negatively aligned in support of a bearish bias in the short-term. The RSI, which has been declining in recent weeks, also points to negative momentum, […]
We’re back with an overview of the potential FX market movers scheduled for publication on this week’s opening trading day. Trading could potentially be lighter than usual as markets are closed in Canada for Civic Holiday, which is celebrated in most of Canada on the first Monday in August. German Factory Orders for June open […]
Breakdown of 0.7220-0.7170 (neckline zone) was needed for a bearish breakout of the depicted consolidation range (0.7170 and 0.7350). Target levels have been achieved around 0.7050 and 0.7000. The price level of 0.7050 was considered a key-level for the NZD/USD bears. That’s why bearish persistence below 0.7050 allowed further bearish decline to occur towards the […]
We’re back with an overview of the potential FX market movers scheduled for publication on this week’s opening trading day. Trading could potentially be lighter than usual as markets are closed in Canada for Civic Holiday, which is celebrated in most of Canada on the first Monday in August. German Factory Orders for June open […]
Gaurav Sharma, independent #oil analyst and Forbes columnist, looks at what he’s buying in the oil space. He compares and contrasts Shell with BP and Highland Natural Resources with Rockhopper. #stockpicks 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 We provide fast and flexible access to over 10,000 financial markets […]
Let’s see where traders stand in terms of performance after 12 hours of trading on this Friday. Euro/Dollar was back near the opening level after walking in a total range of 49 pips. Traded volume is average and neutral sentiment of the traders is 5% short. Both sides have seen some profit chances as the […]
There will be a continuation of the central bank and Q2 GDP theme in the next seven days as interest rate decisions will be awaited out of Australia and New Zealand, while the United Kingdom and Japan will publish growth figures. Monthly data on trade balance and industrial output will also be in focus, along […]
GBPJPY is trading slightly higher over the past few hours after the rebound on the 145.00 psychological level. The price is trying to gain some ground; however, it is still developing below the 20- and 40-simple moving averages in the 4-hour chart. The Relative Strength Index (RSI) is currently increasing positive momentum towards its neutral threshold of 50, while the stochastic […]
Here are the latest developments in global markets: FOREX: Ahead of the all-important Nonfarm payrolls the dollar index, which gauges the greenback’s strength versus six major currencies hit a fresh two-week high of 95.36 early on Friday before it fell back to 95.24 (+0.08%). Dollar/yen was trading 0.05% higher on the day around 111.70, and is set to complete […]
Today, the central event of the day will be the release of data from the US labor market. Whether they will influence the markets or not, we will learn in the afternoon, but the fact that this will lead to a noticeable revival in the foreign exchange market is definite. According to the forecast, the […]
The weekend is just around the corner, but don’t let your guard down and keep checking your broker’s price feed with the Dukascopy Spike Controller. Euro/Dollar’s long term average spread is point 34 pips and peak of a single pip took place during the past 4 hours. The pair has moved South of the 1 […]
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 […]
