Overview: The EUR/USD pair has broken support at the level of 1.1708 which acts as a resistance now. According to the previous events, the EUR/USD pair is still moving between the levels of 1.1708 and 1.1586. Therefore, we expect a range of 122 pips in coming hours. The trend is still below the 100 EMA […]
The index is having a bullish momentum above the support level of 93.91, where a rebound is taking place. To the upside we might expect a resistance to be found around 94.88. If a breakout happens over there, all the force will concentrate in order to re-test the 95.53 level and MACD indicator is favoring […]
The pair is looking for a clear direction across the board, as the bulls are making a shy attempt to regain the control of the situation. The 200 SMA at H1 chart keeps adding pressure to the downside as a dynamic resistance, but if GBP/USD manages to break above 1.3341, then we can expect further […]
Morning Report: 07.00 London The dollar index is on the back foot this morning after failing to ignite on Friday despite better than expected US economic data, including NFP. Dollar weakness comes amid a general appetite for risk taking and uncertainty over the dollar’s long-term prospects in light of Trump’s policies. The Australian dollar has […]
We would like to inform our clients that due to National Day of Sweden, Queen’s Birthday, Dragon Boat Festival, and Midsummer’s Eve all of which will take place in June, the trading hours of various instruments will be affected on 6, 11, 18, and 22 June 2018. Please view the tables below to see which […]
https://pepperstone.com/en/forex-news/market-review -AUD & NZD post good weekly & daily gains. -Dollar Index hovers around 94. -Aussie economic data bounces back. -European bank mergers are back in the headlines. -Israeli PM begins a European tour. -Which countries have credit card debts? The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren […]
After 6 weeks of steady gains, the U.S. dollar is finally showing signs of exhaustion but there could be one last push before a full-fledged top ahead of this month’s Reserve meeting. The greenback saw losses against most of the major currencies but in each case it gave up less than 1% of its gains. […]
After 6 weeks of steady gains, the U.S. dollar is finally showing signs of exhaustion but there could be one last push before a full-fledged top ahead of this month’s Reserve meeting. The greenback saw losses against most of the major currencies but in each case it gave up less than 1% of its gains. […]
After 6 weeks of steady gains, the U.S. dollar is finally showing signs of exhaustion but there could be one last push before a full-fledged top ahead of this month’s Reserve meeting. The greenback saw losses against most of the major currencies but in each case it gave up less than 1% of its gains. […]
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 Weekly financial news by- Binary.com-June 03rd 2018 Related Posts:Overview of the […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 As far as we know at EWI, bear markets have not been banned. And, unless history stops repeating itself, another one is inevitable. Yet, even after a nine-year upturn, some market observers continue to anticipate only temporary dips. http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx Learn How the Wave Principle Can Improve Your Trading Related Posts:Can Q1 earnings season refuel […]
Technical Outlook: USD/JPY is expected to trade with a bullish outlook. The pair recorded a series of higher tops and higher bottoms, which confirmed the bullish outlook. The 50-period moving average is acting as a support now. The relative strength index is bullish above its neutrality level at 50, calling for a new up leg. […]
Bitcoin has been correcting itself below $8,000 price area for a few days which is expected to push higher above $8000 with target towards $10,000 in the coming days. Today the price has been quite impulsive with the bearish after having a daily close with bullish engulfing candle yesterday. The market seems to be indecisive […]
EUR/USD is expected to trade with a bullish outlook. The pair posted a rebound from 1.1635 (around the low of May 31), which should limit the downside potential. Both rising 20-period and 50-period moving averages are playing support roles. The relative strength index has just landed on its neutrality area at 50% and is turning […]
Here are the potential FX market movers scheduled for publication on Monday, the 4th of June. UK Construction PMI for May opens this agenda at 8:30 in the morning. March snow disruptions sent the Index below the 50 level, but it bounced back to 52.5 in April. Euro Zone Producer Price Index for April follows […]
In May, the EUR/USD pair dropped by more than 2.65% as the dollar strength continued. The decline was attributed to the political risks in the EU and the risks about trade. It was also attributed to a slightly dovish ECB. This month, the issue of trade will continue being a thorn in the flesh for […]
This week, the biggest news came from Italy, the fourth largest economy in the European Union (EU). The country has had no government since the election was held in March. After the election, the two main parties – Five Star Movement and League – negotiated to form a government. On Monday, they announced the economy […]
May was a consequential month for the financial markets. During the month, the US administration exited the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran deal. This was an important deal signed between Iran and the largest economies in the world. The US exited and announced that it would reintroduce the sanctions […]
GOLD PRICES fell hard Friday in London, retreating beneath this week’s previous lows for Dollar investors after new US jobs data smashed analyst forecasts. Gold priced in the US Dollar fell to $1282 per ounce – just $10 above last week’s new 2018 lows – as the UK gold price in Pounds per ounce […]
We’re halfway through this week’s last trading day, so let’s look back at the rate movements and trader performance. Euro/Dollar has been calmer than usual, trading in a total range of 53 pips, but the pair sees an average amount of funds. Neutral sentiment of the traders is leaning towards the long side by 14%. […]
Trade figures will dominate next week’s calendar with a number of nations publishing monthly data, though they’re unlikely to attract as many headlines as US protectionism as trade risks appear to be on the rise again. The Australian dollar will be in focus for much of the week as the Reserve Bank of Australia holds […]
Wave picture of the chart D1: Quotations of gold since December 2016 keep a steady vector on the “north” of the chart. The current wave formed the final part (C) in a larger-scale wave model and is not yet completed. The wave pattern of the graph H1: The price has formed a bearish zigzag since […]
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 01st 2018 Related Posts:Overview of the […]
Recent developments have seen oil prices correct lower, amid speculation that major OPEC and non-OPEC producers may soon “open the taps” and raise production to offset supply losses from Iran and Venezuela. While the final decision will be taken at the June 22 OPEC meeting, prices are likely to move well ahead of that time […]
Cisco stock price has declined considerably after touching the multi-month high of 46.30 on May 10. Currently, the price is developing near the rising trend line and the 23.6% Fibonacci retracement level of the upleg from 30.30 to 46.30, near 42.55, while the simple moving averages (SMAs) are ready to meet each other to create a bearish […]
Here are the latest developments in global markets: FOREX: The US dollar edged higher by 0.38% on Friday against the Japanese yen and jumped above the 109.00 psychological level ahead of the US employment report for May later in the day. It is the last NFP data before the June Fed meeting. The US dollar index – which […]
The correction stage, how long we waited for it and finally it arrived. The currency pair still managed to find a support in the area of 1.1500, where after a fleeting slowdown, buyers returned to the market. Now the quotation has already reached the periodic level of 1.1720, where at the same time there is […]
EUR/USD The pair is in the zone of attraction of important levels, as a result, the nature of the monthly May candle turned out to be rather ambiguous. In case of reliable fastening above the zone (1.1670-1.1708), conditions will appear for the formation of a clearing from the weekly cloud (Senkou Span A 1.1681), and […]
The price zone of 0.7320-0.7390 stood as a significant supply zone during recent bullish pullback. The bulls failed to execute a successful Bullish breakout above 0.7400 during the previous week’s consolidations. The NZD/USD pair had been trapped between the price levels of 0.7170 and 0.7350 until bearish breakdown of 0.7200 occurred. Since April 13, significant […]
Daily Outlook The short-term outlook turns to become bearish as long as the EUR/USD pair keeps trading below the broken uptrend as well as the lower limit of the depicted consolidation range remains broken. Bearish persistence below the price level of 1.2200 allowed further bearish decline towards the price levels of 1.1990 and 1.1880. The […]
