Recently, USD/CHF has been trading upwards. The price tested the level of 0.9978. According to the H1 time – frame, I found a breakout of the bullish flag, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities. The upward targets are set at the price of […]
Recently, EUR/USD has been trading downwards. The price tested the level of 1.1665. According to the H1 time – frame, I found a potential bearish flag pattern in creation, which is a sign that buying looks risky. My advice is to watch for potential selling opportunities if you see a valid breakout of the flag […]
Trading recommendations: Recently, Bitcoin has been trading downwards. As I expected, the price tested the level of $6.048. According to the H1 time – frame, I found an end of the upward correction (running flat), which is a sign that buying looks risky. I see strong selling pressure on the market and my advice is […]
This is the Dukascopy Spike Controller for Thursday. As usual, we’ll provide you with the benchmark interbank price data for the 3 non-cross majors. Euro/Dollar’s long term average spread is point 37 pips and maximum separation has been 2.3 pips. The pair moved South of the 1 17 level as it declined by point 79% […]
Banking giant Wells Fargo’s Q2 2018 earnings report will be made public before Friday’s US market open. The consensus recommendation for the company is “hold”, which negatively compares to the “buy” average consensus recommendation for the Banks peer group. The bank’s earnings per share (EPS) are anticipated to come in at $1.12 during the second […]
Overview: The EUR/USD pair continues to move downwards from the level of 1.1752. This week, the pair has dropped from the level of 1.1752 to the bottom around 1.1678. Today, the first support level is seen at 1.1694, the price is moving in a bearish channel now. Furthermore, the price has been set below the […]
Overview: The major resistance is seen at the level of 0.7474. The AUD/USD pair fell from the level of 0.7474 towards 0.7348. But, the price rebounded from the bottom of 0.7348 to trade around the spot of 0.7474 again. The resistance is seen at the levels of 0.7474, 0.7513 and 0.7554. Moreover, the price area […]
The EURGBP pair is in an uptrend on the daily since the 17th of April and the low created at 0.86203. The price has eked out higher highs and lows and advanced to Monday’s high at 0.89000. A break above this area could change the playing field and try to advance the chart to the […]
Yesterday, the price of WTI crude oil futures fell by more than five percent, making it the biggest drop in more than a year. The price fell from almost $75 and settled at $70. The decline yesterday came as the OPEC member countries opened their taps and increased production. Saudi Arabia, the biggest oil exporter […]
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 […]
Overview: The pivot point is seen at the point of 1.3190 on the H1 chart. Right now, the price is still trade around the point of 1.3190. The USD/CAD pair probably continues to move downwards from the level of 1.3190, which represents the double top on the H1 chart. The pair dropped from the level […]
AUD/USD has been quite volatile with the bearish trend it had started till it bounced off 0.8150 area with a daily close. Despite recent struggles on the USD side, AUD failed to gain momentum against USD. Recently, after the worse-than-expected NFP report, USD failed to sustain the momentum it had over AUD. However, despite the […]
Overview: The USD/CHF pair is still trading above the pivot point of the price 0.9857. The USD/CHF pair faced resistance at the level of 0.9943. The strong resistance has been already formed at the level of 0.9943 and the pair is likely to try to approach it in order to test it again. However, if […]
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 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. […]
USD/CAD has been quite impulsive with the bullish gains recently after breaking above the 1.3120 area with a daily close. Despite the recent rate hike by the Bank of Canada, CAD failed to gained momentum over USD that might lead to further bullish gains. Yesterday, the Bank of Canada’s policy statement and overnight rate report […]
In line with market expectations, the Bank of Canada decided to raise interest rates to 1.5%, making them the highest levels in almost a decade. In response to the rate hike, the Canadian dollar strengthened against the dollar and other major currencies by several dozen points. Although the increase by 25 basis points to 1.5% […]
Find out how the interbank compares with the technicals at 8 AM GMT by watching the Dukascopy Daily Trading Signals. There are 4 buy signals in the Euro/Dollar’s hourly chart. Mid term outlook shifts to bearish in the 4-hours and neutral in the daily range. Interbank stance is bearish, just like the 4-hour models. Pound/Dollar’s […]
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:What to expect for the dollar next week? April 7, 2024 The dollar missed plenty of […]
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 12th 2018 Related Posts:EUR/USD. Analysis for […]
Here are the latest developments in global markets: FOREX: The US dollar index is marginally higher on Thursday, attempting to extend the massive gains it posted in the previous session. Dollar/yen is up by 0.21%, having touched a fresh high for the year earlier. Meanwhile, the loonie dropped on Wednesday as oil prices collapsed, erasing the gains it posted […]
Cryptocurrency Exchange CoinGate launches a pilot program for 100 traders to test transactions on the Bitcoin Lightning Network (LN) variant of their services. According to the CoinGate blog post, traders participating in the LN sample include, among others, online stores with cryptographic goods, servers and hosting services, and entertainment sites for adults. In the announcement, […]
Anxieties related to trade wars are still present and investors are waiting for China’s official reply to the announcement of next tariffs from the US, but so far we do not receive new information and the markets used this to calm down. The risk-off mode, which mainly rewards the USD, was switched off for a […]
he EUR/USD pair has broken through our support levels we mentioned yesterday and reached our target of the 4-hour Ichimoku cloud support above 1.1650. Short-term trend is now challenged. A break inside the cloud will change trend to neutral from bullish. A great risk reward for bulls at current levels as EUR/USD is above important […]
Gold price is back to its 2018 lows on the long-term support trend line. Gold price is oversold. Gold price is at major support area that justifies a $60 rally. Gold price remains in a bearish short-term trend. Yes, lower levels are possible towards $1,200, but the next big move is upside. Green line – […]
On the 4-hour chart, we see that gold carried out its downmove after touching the key support level at $1,240.73. At the same time, the Stochastic Oscillator has already got into the oversold area. Now, the price seems to head upward up to make correction as the requirement for clear-cut trend before the price resumes […]
After making a double top pattern on the 4-hour chart, crude oil has just breached and closed below the neckline support at $72.54. As we see the stochastic oscillator has already entered the oversold Area. We expected #CL to go upward as the next move to re-test the previous neck support, which has become the […]
When the European market opens, some Economic Data will be released such as Industrial Production m/m, French Final CPI m/m, and German Final CPI m/m. The US will also release the Economic Data such as Federal Budget Balance, 30-y Bond Auction, Natural Gas Storage, Unemployment Claims, Core CPI m/m, and CPI m/m, so amid the […]
In Asia, Japan today will not release any Economic Data, but the US will release some Economic Data such as Federal Budget Balance, 30-y Bond Auction, Natural Gas Storage, Unemployment Claims, Core CPI m/m, and CPI m/m. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. […]
Morning Report: 07.00 London The Japanese yen remains on the back foot after heavy selling in the face of dollar strength yesterday. US PPI climbed higher than expected and there is a growing belief that Trump’s tariff’s will lead to higher inflation and therefore higher rates. The USD/JPY jumped from below 111.00 to above 112.00 […]
