In the past week, gold has fallen by almost three percentage points. The decline started after the Fed meeting a week ago in which the officials sounded more hawkish than expected. The statement said that the Fed was looking forward to two more rate increases this year. The hawkish Fed and a more dovish ECB […]
On Tuesday, the Swiss Federal Government’s Expert Group released its economic forecast for the year. In the statement, the officials said that they expect the economy to grow by 2.4%, which was in line with the previous projections. This growth will be attributed to the global demand for Swiss products and increased internal demand. In […]
The NZD/USD pair dropped to the lowest level this year after New Zealand released weak economic data. Yesterday, the country reported a widening trade imbalance after imports soared while exports declined. In the last quarter, the seasonally adjusted current account deficit was $3 billion which was the largest account since 2008. This number was 2.8% […]
This week, the talk among market participants has been about trade and the ongoing trade conflict between the United States and China. The two are the biggest economies in the world with their combining GDP being almost $30 trillion. Every year, the countries do trade worth almost $1 trillion. In this trade, China usually imports […]
The Dow Jones Industrial Average (DJIA) is one of the world’s largest indices. It is comprised of the 30 largest companies in the United States like Apple and Microsoft. Today, its companies have a combined market value of more than $25 trillion. This week, the Dow has lost almost 500 points which represents a value […]
Bitcoin has been quite corrective and volatile recently after breaking below $6,500 with a daily close. Though after the break price managed to make a daily close with strong bearish rejection which created a bullish pin bar. The overall trend is still bearish, so the price is expected to drop much lower in the coming […]
Early this month, the RBA met and agreed to leave interest rates unchanged. Since then, the AUD/USD pair has fallen from a high of 0.7674 to a low of 0.7392. The current price is the lowest the pair has been since May last year. Today, the Reserve Bank of Australia (RBA) released the minutes of […]
On Thursday last week, the United States president announced that the US would officially start imposing tariffs on a number of Chinese goods valued at more than $50 billion. On Friday, China responded with its own list of tariffs which included the important crude oil and natural gas. Yesterday, the US president announced that the […]
Markets are again forced to react to a high probability of expanding the negative impact of US duties on the world economy, which is noticeable again in the dynamics of the currency market, and not only that. At the end of the week, the Chinese authorities announced that they would reduce the RMB exchange rate […]
The Friday’s Canadian macroeconomic data strongly disappointed. Retail sales in April dropped unexpectedly by 1.2% m/m, and the same data without cars 0.1% m/m. The inflation in May slowed to 0.1% m/m from 0.3% m/m, and in annual terms remained at 2.2%. This can not be said of core inflation, which has receded to 1.3% […]
Technical outlook: The Daily chart for US Dollar Index confirms in at least 3 ways that a meaningful top might be in place at 95.50 levels, on June 21, 2018. First, a major past resistance at 95.14 was taken out; second, the wave counts labeled here shows that a 5 wave impulse at a higher […]
On the currency market, JPY is still being perceived as the safe-haven asset, followed closely by CHF and USD. The situation that on Friday morning had looked like rebounding fears and focusing on positive macro signals (satisfactory PMI from Eurozone), was quickly crushed by the subject of trade wars. US President Trump first threatened to […]
Technical outlook: The EUR/USD pair should be looking to carve a lower top around 1.1720/40 levels and for this to hold true, 1.1850 resistance should hold. According to the wave labels shown above, a higher degree wave (4) looks to have terminated at 1.1850 levels and if this holds well, we must see lower tops […]
Recently, USD/CHF has been trading downwards. The price tested the level of 0.9868. According to the H1 time – frame, I found potential end of the downward correction (abc flat), which is sign that selling looks very risky. I also found a hidden bullish divergence and the falling wedge, which is another sign of strength. […]
GOLD PRICES slipped at the start of the new trading week Monday as world stock markets fell hard and the US Dollar held strong amid a further escalation of the worsening global trade war, writes Steffen Grosshauser at BullionVault. Gold edged $3 lower from last week’s close of $1270 per ounce after US President […]
Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot. Euro/Dollar’s gradual decline was followed by a rise, which took the rate just pips below the 1 17 level. Turnover is low and neutral sentiment of the traders is 1% short. Bears had their […]
A relatively light news flow continues on this Tuesday, the 26th of June, so let’s take a look at the potential market movers. UK CBI Realized Sales report for June opens this calendar at 10 AM. Survey balance rose sharply to plus 11 in May after two months in the red. Next up is the […]
Weekly Technical Analysis of the Forex Markets – to guide your trading using technical indicators such as moving averages, RSI, Fibonacci, Ichimoku. 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 […]
Zinc is in a supply deficit and still rising. Zinc One reported again superb drill results from their Bongara Zinc project in Peru. Gold is the insurance for bad times and Maple Goldmines just finished successfully a 22,600m drill program on their properties in Canada. Results will come soon, Jochen Staiger, CEO & Founder, Swiss […]
Having recently undertaken a new investment in Krakow, First Property Group has expanded in a country that CEO, Ben Habib, is very happy to be a part of. Habib is positive that, having seen net asset values (NAV) rise 26% per annum every year since 2007, ‘despite’ the financial crisis there is still room for […]
Let’s find out if there have been any significant spread increases so far this week. Euro/Dollar’s long term average spread is point 39 pips and peak separation of 1.1 pips was posted during the past hour. Trend has changed while the pair trades above the 1 16 level and the biggest move is a decline […]
These are the Dukascopy Daily Trading Signals for Monday. Here’s how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar’s technicals are mostly pointing South in the hourly chart. Mid and long terms bring 6 and 5 neutrals respectively. The close to 25% short interbank is bearish, just like the hourly models. Technicals […]
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 […]
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 […]
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 Daily financial news by- Binary.com-June 26th 2018 Related Posts:EUR/USD. Analysis for […]
https://pepperstone.com/en/forex-news/market-review -A mixed week for FX majors -BTC and ETH take a hit. -German IFO on the calendar. -China reduces its RRR. -Indonesian exports bounce back. -Erdogan wins in Turkey. -20 statistics investors should know. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. New To Forex Trading? […]
https://pepperstone.com/en/client-resources/webinars Tune in as market expert Kathy Lien takes you through some examples of the best and worst times to pick tops and bottoms, including popular technical indicators and chart patterns for trading reversals as well as her favourite strategies for identifying high probability turn trades. Related Posts:Trading Signals for ETH/USD (Ethereum) for April 12-15,… […]
For the past 2 months, the U.S. dollar has been on a tear but towards the end of last week, after hitting multi-month highs against sterling, the Australian, New Zealand and Canadian dollars, the cracks in its armor began to show. The greenback pulled back against all of the major currencies except for the loonie. […]
For the past 2 months, the U.S. dollar has been on a tear but towards the end of last week, after hitting multi-month highs against sterling, the Australian, New Zealand and Canadian dollars, the cracks in its armor began to show. The greenback pulled back against all of the major currencies except for the loonie. […]
For the past 2 months, the U.S. dollar has been on a tear but towards the end of last week, after hitting multi-month highs against sterling, the Australian, New Zealand and Canadian dollars, the cracks in its armor began to show. The greenback pulled back against all of the major currencies except for the loonie. […]
