GBPUSD had an aggressive roller coaster move on Monday as it opened with a gap up and challenged a new one-month high, but finished the day in the red. Also, the cable almost touched the 50.0% Fibonacci retracement level of the upleg from 1.2100 to 1.4375, around 1.3180, but currently it remains above the 20-simple […]
GBP/USD has rejected off the 1.3320 resistance area recently with a daily close which is expected to support the upcoming bearish pressure in the pair. Ahead of the upcoming GDP report to be published today on the GBP side, certain volatility is expected to have an impact on the market today. Today GBP GDP report […]
A lot has been said about Bitcoin and its future. Many people have wondered whether the cryptocurrency will rise above its January value or will continue to decline. Here’s a summary of how experts have been considering the matter in the last few months. Nicholas Colas, co-founder of DataTrek Research, said that Bitcoin “was absolutely […]
The EUR/GBP pair at 4-hour charts is still moving in a Bullish bias. This is already confirmed by the price still moving in an up slop channel and above the Moving Average Periode 50; however we’ve spotted the Divergence from the MACD Histogram with the price, as long as this pair does not break out […]
(Disclaimer) The material has been provided by InstaForex Company – www.instaforex.com Related Posts:GBP/USD: trading plan for the US session on April 18th… April 18, 2024 In my morning forecast, I pointed out the level of…Technical Analysis – Netflix stock moves within narrow range… April 18, 2024 Netflix stock continues to consolidate as Q1 earnings awaited […]
When the European market opens, some Economic Data will be released such as ZEW Economic Sentiment, German ZEW Economic Sentiment, Italian Industrial Production m/m, and French Industrial Production m/m. The US will also release the Economic Data such as JOLTS Job Openings, and NFIB Small Business Index, so amid the reports, EUR/USD will move in […]
In Asia, Japan will release the Prelim Machine Tool Orders y/y, and M2 Money Stock y/y. The US will release some Economic Data such as JOLTS Job Openings, and NFIB Small Business Index. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Resistance. […]
Cable (GBPUSD) took a hit yesterday as Boris Johnson resigned from the Cabinet following the earlier decision by David Davis to part ways with his post as Brexit Secretary. The initial move on the Davis resignation was for Cable to rally from 1.33000 up to 1.33500 but news of Johnson’s departure sent the pair down […]
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 -July 10th 2018 Related Posts:Financial future on […]
https://pepperstone.com/en/forex-news/market-review -Dollar gains vs EUR and GBP losses vs INR and BRL. -Dollar index rallies above 94. -Markets remain risk on. -China inflation data picks up. -Have we seen the bottom in Global PMI’s? The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. New To Forex Trading? See […]
4-hour timeframe Amplitude of the last 5 days (high-low): 114p – 92p – 79p – 71p – 87p. The average amplitude for the last 5 days: 89p (100p). The British pound sterling also reacted well to the not the best macroeconomic statistics from the States. Throughout the trading day, traders bought the pound sterling, and […]
In July, the GBP/USD pair bounced off the annual lows and in just a few trading days was able to reach the middle of the 33rd figure, continuing to show a bullish sentiment. The greenback attempts to resist, but the pound is moving up, gradually returning the lost positions. In the last two years, that […]
It is extremely difficult to get rid of the feeling that the purpose of the ECB is just to reduce the price of the euro, since while representatives of the European Central Bank remained silent, the dollar lost its positions. At the same time, it can’t be said about the whole thing in European statistics, […]
Burning forecast 09.07.2018 The euro continues to grow. Last week, the euro broke through an important level of 1.1725 and was consolidated higher – this is a strong technical signal for growth. The euro’s growth may be caused by some easing of tension in the US trade conflict – China after the first exchange of […]
GBP / USD The pair took advantage of today’s upside gap at the opening of the market in order to reach out the most important resistance (1.3309-31). The result of interaction with 1.3309-31 (Weekly Tenkan + Weekly Senkou Span A + day Fibo Kijun) will help determine further plans. When forming a rebound from the […]
At the end of last week, the European press was full of headlines that German Chancellor Angela Merkel surrendered in the trade war with the United States, allowing a reduction in tariffs on American cars. Political experts argue about how much this step will affect its rating, given the recent scandals and ambiguous attitude of […]
Bitcoin has been struggling to gain momentum for the last few days above $6,500 area whereas the bias is still bullish which is expected to push the price higher towards $8,000 in the coming days. Though certain indecision and recent hack problems have deviated the current investors of the market speculators are still quite optimistic […]
• AUDUSD broke resistance area • Likely to rise further AUDUSD recently broke sharply through the resistance area lying between the key resistance level 0.7440 (former support level from May) and the 38.2% Fibonacci correction of the previous sharp downward impulse C from June. The breakout of this resistance area accelerated the active minor impulse […]
• Cotton reversed from support area • Likely to rise further Cotton recently reversed up from the support area lying between the key support level 0.8200 (which stopped the previous minor correction 2 in May), lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward impulse from February. The upward reversal from […]
Beverage company PepsiCo will be releasing its Q2 earnings report before Tuesday’s opening bell on Wall Street. The consensus recommendation for the company is “buy”, with the average consensus recommendation for Non-Alcoholic Beverages, its peer group, being a “hold”. The firm’s release constitutes one of the first of the upcoming earnings season, with big banks being […]
EUR/JPY has quite impulsive and non-volatile with the bullish gains recently which lead the price to break above 129.50 area with a daily close. Though JPY has been struggling earlier with the economic reports but this week JPY has been quite positive with the economic results which are expected to help further bearish gain in […]
As the pound enjoys a bounce on hopes of a soft Brexit, a flurry of data out of the UK on Tuesday could provide the currency with more reason for cheer if they confirm a rebound in growth in May. With a Bank of England policy meeting just three weeks away, the monthly growth data […]
GOLD PRICES rose $10 to a 2-week high of $1265 on Monday morning while the Dollar slipped as new US-Chinese trade tariffs began and the UK’s chief Brexit negotiator resigned over the Government’s plan for a trade deal with the EU, writes Steffen Grosshauser at BullionVault. The US and China started the first round […]
I’m Kiays Khalil and this is the Dukascopy Economic Calendar with the potential FX market movers scheduled for publication on Tuesday. It’s busy with news reports regarding the UK economy at 8:30 in the morning, including the new model from ONS, where GDP figures will now be released on a monthly basis, providing policy makers […]
AUDNZD has come under renewed buying interest on Monday, snapping three losing sessions as it opened with a gap up. Before the bearish retracement, the price challenged a five-month high of 1.0990 but quickly gave back its gains. The price is developing above the medium-term moving averages in the daily timeframe, while the technical indicators are endorsing the bullish […]
The morning session is over on this Monday, so let’s see how things are shaping up for traders. Euro/Dollar has been trending slowly up towards the 1 18 level. Turnover is low and sentiment of the traders is neutral, 8% short. Gradual uptrend has provided profit opportunities for bullish market players. Pound/Dollar rose by a […]
A “Goldilocks” US jobs report on Friday created positive sentiment and boosted US equity indices. The jobs report showed solid growth with little underlying inflation pressures and so the market is not expecting faster rate hikes from the Federal Reserve. Moreover, the US stock market investors appeared to show little concern about the developing trade […]
GBPCAD The GBPCAD pair is moving higher this morning after UK’s Brexit Secretary resigns overnight ratcheting up political pressure on Theresa May’s government. The 1.74420 level is being tested as resistance with a break above this area testing 1.74617 followed by the 1.75000 area. A move higher would look to the 1.75540 zone with the […]
Dr Richard Windsor, from Radio Free Mobile, says that, even taking the best valuations for each part of Xiaomi, because it is not just a smartphone maker, he says that his team came up with a best case valuation of $42.6 billion, far short of the IPO capital valuation. Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 Learn more about IG: […]
Here are the latest developments in global markets: FOREX: Sterling opened with a positive gap today, following news that the UK Brexit Secretary, David Davis, has resigned. UK Prime Minister Theresa May appeared to have agreed with her cabinet on the Brexit plan on Friday. On Monday, pound/dollar advanced by 0.42%, rising to a 3-week high of 1.3362, […]
