We continue to expect support at 1.1716 will be able to protect the downside for a break above resistance at 1.7207 that confirms, that red wave ii has completed and that red wave iii towards 1.7510 and above is developing. An unexpected break below support at 1.7116 will tell us that the correction in black […]
EUR/JPY remains lock inside the descending channel towards the 128.55 – 128.98 target area. Once this area is tested red wave ii is expected to complete and a new impulsive rally in red wave iii should take over for a rally towards 135.74. Short-term resistance is seen at 129.65 and again at 130.28. A break […]
Forget about summer doldrums because August kicks off with a bang this week. Between 3 central bank meetings,non-farm payrolls, PMIs, ISMs, GDP, CPI and a long list of other market moving events, we can be assured of big moves in the forex market. In fact, many major currency pairs have been trading in tight ranges […]
Forget about summer doldrums because August kicks off with a bang this week. Between 3 central bank meetings,non-farm payrolls, PMIs, ISMs, GDP, CPI and a long list of other market moving events, we can be assured of big moves in the forex market. In fact, many major currency pairs have been trading in tight ranges […]
Forget about summer doldrums because August kicks off with a bang this week. Between 3 central bank meetings,non-farm payrolls, PMIs, ISMs, GDP, CPI and a long list of other market moving events, we can be assured of big moves in the forex market. In fact, many major currency pairs have been trading in tight ranges […]
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 news -July 29rd 2018 Related Posts:Weekly forecast based […]
European data in the 2nd quarter has not been something to write home about, however, a busy start to the week sees the release of German retail sales, a number being closely monitored due to the big drop on the previous reading. Why trade with ETX Capital? – http://www.etxcapital.co.uk ETX Capital is one of the […]
Why did Burberry burn almost 30 million pounds worth of stock and who did they make angry? You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#252263 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 […]
• AUDNZD reversed from support area • Further gains are likely AUDNZD recently reversed up from the support area lying between the key support level 1.0860 (which has been reversing the price from the start of July) and the lower daily Bollinger Band. The upward reversal from this support area continues the active short-term impulse […]
• Corn broke resistance area • Further gains are likely Corn recently broke through the resistance area lying between the key resistance level 360.00 (which has been reversing the price from the end of June) and the 50% Fibonacci correction of the previous downward impulse form June. The breakout of this resistance area continues the […]
Why did Burberry burn almost 30 million pounds worth of stock and who did they make angry? You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#252263 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 […]
Let’s see what fundamentals could move the FX markets on this week’s opening trading day. Swiss KOF Economic Barometer for July opens this agenda at 7 o’clock in the morning. Economic barometer rose more than expected in June as it gained 1.7 points. UK Lending to Individuals for June is up next at 8:30. Lending […]
EUR / USD On Thursday, as expected by most market participants, the ECB retained absolute neutrality regarding monetary policy. Mario Draghi confirmed that the rate will not change until the end of next summer. Against this background, the slightly worse than expected data on orders for durable goods in the US in June were taken […]
The Bank of Japan (BoJ) will announce its monetary policy decision during the Asian trading session on Tuesday. The yen has gained lately on speculation the Bank may alter its policy in a more hawkish direction. That said, the BoJ still seems somewhat unlikely to adjust its policy for now, with core inflation remaining miles […]
It’s going to be a big week for central banks as the Federal Reserve, the Bank of Japan and the Bank of England hold policy meetings in the next seven days. Economic data will also be at the forefront with plenty of major releases, including the US jobs report and the first look at Eurozone […]
We have reached the midpoint of the last trading day of this week, so let’s see how market players have managed to work out the rate shifts. Euro/Dollar declined by 36 pips after 7 o’clock and the pair stood slightly in the red at noon. Turnover is average and sentiment of the traders is neutral, […]
GOLD PRICES popped $5 but held on track for the 7th weekly drop in 9 against the Dollar on Friday after new US data matched analyst and President Trump’s forecasts with the fastest GDP growth since 2014. Falling within $6 of last week’s 1-year low at $1211.89 this morning in London, gold prices then […]
The NZD/USD pair had been trapped between the price levels of 0.7170 and 0.7350 until bearish breakdown of 0.7200 occurred on April 23. Breakdown of 0.7220-0.7170 (neckline zone) was needed to confirm the depicted reversal pattern. Bearish target levels around 0.7050 and 0.7000 have been achieved already. The price level of 0.7050 was considered a […]
Daily OutlookIn 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. Instead, […]
To open long positions for EUR / USD pair, you need: There is no demand for the major euro pair at 1.1630, which indicates the possible formation of a downtrend. It is best to consider buying the pair in the afternoon after returning to the resistance level of 1.1630 for the purpose of recovery in […]
This week, cryptocurrencies were among the biggest winners. The price of Bitcoin extended the gains started a week ago after Blackrock announced its planned entry into the industry. This news is big because of the size of Blackrock, which has more than $6 trillion in assets under management. If the company makes a small purchase […]
Trade issues have made the agricultural commodities to realize some of the biggest declines this year. After rising in the first few weeks of the year, agricultural commodities have turned south and are now seeing double digit losses this year. The reason for this is that the US is one of the biggest agricultural producers […]
GBPJPY is trading slightly higher over the past few hours after the rebound on the 145.32 support level. The price is trying to pare some ground of the previous red sessions, however, it is still developing below the short-term moving averages in the 4-hour chart. The Relative Strength Index (RSI) is currently increasing positive momentum towards its neutral threshold of 50, […]
Recently, Gold has been trading downwards. The price tested the level of $1.218. According to the H1 time – frame, I found ф breakout of the bearish flag pattern and the major upward trendline in the background, which is a sign that buying looks risky and that sellers are in control. My advice is to […]
Will the second quarter US GDP top the Trump’s 4% target to double the first quarter growth? The one and a half trillion US Dollar tax cut that was approved by Congress in December failed to spur growth in the year’s opening quarter and economy expanded by a downwardly revised 2%. Consumer spending picked up […]
Here are the latest developments in global markets: FOREX: The dollar’s index against a basket of six major currencies was trading higher – though by less than 0.2% – building on Thursday’s notable rise. Dollar/yen was little changed ahead of the US report on Q2 GDP and with market participants eagerly awaiting to see whether […]
4-hour timeframe Technical data: Senior channel of linear regression: direction – down. The younger channel of linear regression: direction – down. Moving average (20; flattened) – sideways. CCI: -75.4717 The currency pair GBP / USD On July 26, against the backdrop of Mario Draghi’s speech at a press conference on the ECB meeting, as well […]
4-hour timeframe Amplitude of the last 5 days (high-low): 100p – 112p – 66p – 62p – 75p. The average amplitude over the last 5 days is 83n (81n). On Thursday, July 26, traders focused on the speech of ECB President Mario Draghi at a press conference on the regular meeting of the regulator. As […]
4h The GBP / USD pair on the 4-hour chart reversed in favor of the US currency after the formation of the bearish divergence in the MACD indicator and began the process of falling towards the correction level of 200.0% at 1.3047. On July 27, there is maturing bullish divergence in the CCI indicator. Its […]
To open long positions for GBP / USD pair, you need: It is advised to open long positions on the pound after updating support 1.3071 or after breaking through and consolidating above 1.3130 level, which will lead to a larger upward correction to the area of 1.3185, where fixing profits are recommended. To open short […]
