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. […]
Eurozone The volume of industrial production in the euro area increased by 1.3% in May compared to the previous month. The year-on-year growth was 2.4% and both indicators significantly exceeded the expectations of experts. Indicators were surprisingly quite strong, since there has been a noticeable slowdown in business activity since the beginning of the year. […]
To open long positions for GBP / USD pair, you need: Buyers need to keep the support level at 1.3158, and the formation of a false breakout on it will be a good signal to open long positions in GBP / USD. The main task is to break through and consolidate above the resistance to […]
GOLD PRICES fell again versus a rising Dollar on Friday in London, heading for a 1.3% weekly drop at new 2018 lows beneath $1240 per ounce as the US currency pushed higher on the FX markets amid President Donald Trump’s ongoing tour of Europe. After telling The Sun tabloid newspaper that UK Prime Minister […]
Recently, USD/CAD has been trading upwards. As I expected, the price tested the level of 1.3200. According to the H1 time frame, I found a breakout of supply trendline in the background, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities. Upward targets are set at […]
Recently, Gold has been trading downwards. The price tested the level of $1,238.00. According to the H1 time – frame, I found a breakout of the bearish flag in the background, which is a sign of weakness. Gold is in the downward trend and my advice is to watch for potential selling opportunities. I placed […]
Efficient, cost-effective and environmentally friendly water extraction from oil wells is becoming a must-have process for oil producers. MyClex says its patent enables companies to achieve all these aims and its 74% rise in revenues demonstrates the opportunity. MyCelx CEO, Connie Mixon, discusses the company and what the share price represents in terms of future […]
Gold’s Pound Sterling returns on 5-year horizons… With LONDON’s FTSE index setting fresh all-time highs this spring and US stocks also now heading to reclaim January’s peak, it’s natural to think about locking in some of the last decade’s gains, writes Adrian Ash at BullionVault. The FTSE 100 has now more than doubled […]
The New Zealand Dollar (NZD) remains under pressure this week with the resumption of the US-China trade war headlines. The NZD did put in a recovery as China refrained from retaliating immediately to the latest round of US tariffs of $200bn, but it is possible that the trade war will come into focus again as […]
Dukascopy TV Team is back with the Spike Controller, so you could make sure your broker is staying honest on this week’s final trading day. Euro/Dollar’s daily average spread is point 34 pips and peak separation has been 2.1 pips. The pair has retreated from the high, which was just 4 pips below the 1 […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:Technical Analysis – Goldman Sachs stock gains on strong… April 15, 2024 Goldman Sachs shares pull […]
Bitcoin has been quite indecisive after the break below the $6,500 price area with a daily close, where the bullish bias is still trying to push the price higher in the future. The pressing question is which way Bitcoin is heading next. Though the price has been expected to push higher after breaking above $6,500 […]
Trading recommendations: Recently, Bitcoin has been trading downwards. As I expected, the price tested the level of $6.035. Anyway, according to the H1 time – frame, I found that agressive buyers entered the market, which is sign that selling looks risky. I also ofund a hidden bullish divergence on the macd oscillator, which is another […]
The GBPJPY pair has tested resistance at 148.805 overnight and was sold down to the 147.945 level after US President Trump reportedly said that there would be no trade deal between the US and UK unless the UK made a hard brexit from the EU. GBP weakened considerably on the news. The support is now […]
The EURAUD pair is consolidating around the 1.58000 level using its 50 DMA and the 1.56962 level as support and its 1.58888 level as resistance. These levels set the range for traders and a break out can develop into a bigger move. The chart remains bullish on a break above the resistance with the 1.58153 […]
Thursday’s session overseas ended with a significant increase in major indices – the SP500 rose by + 0.9% to reach its highest level since March, while Nasdaq saw an increase of + 1.3%, setting a new record as well. Good sentiment has spilled over to Asia – most of the indexes in the Asian part […]
The overnight data on China’s June trade balance showed a higher surplus (as a result of weaker imports), but the report did not shake the market. It is easy to discuss whether, when President Trump receives a note with this data, he will not be led to an acute tweet in which he will accuse […]
These are the Daily Trading Signals for Friday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar’s short and mid term indicators are mostly pointing South. Daily outlook shifts to neutral, but the bearish interbank stance matches the 1 and 4-hour indicators. The Cable’s technicals are pointing South in both the […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:EUR/USD. Analysis for April 12th. The euro falls down under… April 12, 2024 The wave analysis […]
Here are the latest developments in global markets: FOREX: The US dollar index is up by almost 0.1% on Friday, building on the gains it posted in the previous session. The yen, meanwhile, is losing ground against all its major counterparts amid an absence of any worrisome news on the trade front, touching a fresh six-month low […]
The USD/JPY is challenging important long-term resistance. The weekly close will be very important. The USD/JPY is challenging the long-term resistance trend line coming from 125.60 back in 2015, that has already been tested 6 times the past years and got rejected. Blue line – long-term resistance Red line – long-term support The USD/JPY is […]
The Gold price remains in a bearish trend making lower lows and lower highs. The Gold price is above the $1,240-37 support area and below the Ichimoku cloud in the 4hour chart. As long as Gold is below $1,252 we should expect more downside. Prices are oversold though at current levels and I will not […]
USDCAD turned neutral after its downfall from the 1-year high of 1.3385, finding support at the uptrend line it started building in mid- April. In the short-term, consolidation is likely to be continued as the RSI has flattened slightly above its neutral threshold of 50 and the MACD has paused its downward move near zero, […]
US President Donald Trump has signed an enforcement order by creating a task force that will focus in part on the development of guidelines for investigations into cryptocurrency fraud. The Task Force on Market Integrity and Consumer Fraud, in line with the executive order, will take a broad perspective when focusing on consumer fraud. For […]
Friday starts with a calm, sleepy trade on the financial markets because fears about trade wars are still present, but the lack of escalation inhibits possible panic. GBP / USD reaches 1.3170 after the Sun article, according to which President Trump believes that Prime Minister May have ignored his advice and is moving towards a […]
At the 4-hour chart, we can see the Ethereum moving in a Bearish bias. Besides the price is now moving below the Moving Average 21 period and the slope is pointing down, the price already made a few Bearish chart patterns, for now, it seems the Ethereum will try to break out below the Rectangle […]
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 13th 2018 Related Posts:Technical Analysis – […]
Morning Report: 07.00 London The US dollar has lifted off the pace somewhat, though dollar pairs are mixed in their reaction. The AUD/USD is capitalising on this and building on yesterday’s gains. The GBP/USD and EUR/USD are subdued however, with the pound marking three days of gains against the dollar the euro four. The USD/CHF […]
President Trump has spent yesterday in Europe where he attended a NATO meeting before travelling to the UK. He left Brussels with the commitment of NATO members to meet their agreed 2% spending target. Reports from the meeting suggested that he threatened to pull the US out of NATO if this wasn’t agreed which led […]
Technical outlook: The US Dollar Index is seen to be trading around the potential resistance zone at the 94.80/95.00 levels. Also please note the Fibonacci 0.618 resistance passing through the 94.85 levels as depicted here. A bearish turn seems to be the high probable move from here, bottom line prices should remain below the 95.50 […]
