USD/JPY This currency trading instrument has been trending downwards and there is now a lot of trading activities around the demand level at 108.50. The current short-term rally is only shallow and may end up being an opportunity to sell short at better prices. The material has been provided by InstaForex Company – www.instaforex.com Related […]
USD/CHF The market is now quite choppy. This pair has done nothing significant this week, except a sideways movement in the context of a short-term downtrend. There is a ranging condition in the market. Even a pullback that was seen yesterday was quickly erased, as bears leave their footprints in the market. However, a breakout […]
Burning forecast 05/30/2018 EURUSD: Italy has collapsed the euro. The political crisis in Italy caused a great stir in the markets of Europe on Monday-Tuesday. The yield of Italian government securities rose sharply to 2.5%. Shares of Italian banks fell sharply. The euro fell to 1.1510, touching the global support line of the uptrend. Do […]
To open long positions on EURUSD it is required: Buyers need to get to resistance level 1.1584, but the first test of this level is unlikely to lead to its breakdown. Only binding on the band closer to the second half of the day will be a good signal to an increase in long positions […]
To open long positions on GBP/USD it is required: You can buy the pound only if it breaks and consolidate above 1.3292, which will form a new upward wave with resistance test 1.3336, where it is recommended fixing profits. In the case of a pound drop in the morning, purchases will be relevant for a […]
You’re watching the Dukascopy Daily Trading Signals for Wednesday. Here’s how the interbank lines up with the technicals at 8 AM GMT. Euro/Dollar has 6 green signals in the hourly chart. 4-hour chart has 5 neutrals and 7 models point South in the long term, which is in line with the 27% short interbank. Pound/Dollar […]
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:The euro hardly has a chance to rise April 16, 2024 For over six months, the […]
Markets remain in risk off mode again today after Indices fell yesterday to the lowest levels since early May led by Europe as the Italian political crisis deepens. The Italian President vetoed the nomination for Finance Minister by the populist government last week. The resulting collapse in the coalition led to the President appointing former […]
Here are the latest developments in global markets: FOREX: The US dollar index is down by roughly 0.1% on Wednesday, giving back some of the gains it posted yesterday, when it touched its highest point since early November. Meanwhile, although the euro posted considerable losses yesterday, it has rebounded somewhat today, trading higher by 0.3% […]
Two Russian financial institutions are to test the regulatory platform, which aims to make national ICOs more transparent and safe for traditional investors. The Russian NSD (National Settlement Depository) has announced that it is working with Sberbank CIB to test the ICO emissions platform launched in April by the Bank of Russia. According to the […]
The Dollar index has reached the October 2017 highs and the weekly Kumo (cloud). This is a strong resistance area that justifies a pull back that is long overdue for the Dollar. Black line – horizontal resistance The Dollar index is in a short-term bullish trend. Price is above both the tankan- and kijun-sen indicators. […]
The night on the currency market was quite calm as none of the major currencies changes the value to USD by more than 0.2. EUR/USD challenges the support zone around the October minimum, USD/JPY fights to preserve the growth structure by defending support 108.50-70. In the stock markets very negative moods. Yesterday on Wall Street, […]
Gold price is still inside the bearish channel in a bearish Daily trend as price remains below the Daily Kumo (cloud). Gold price showed some strength signs yesterday but bulls were not able to break out and above the bearish channel. Breaking above $1,305-$1,307 will open the way for a bigger bounce towards cloud resistance […]
The Budget Committee of the Congress (NWO) conducted a comparative analysis of its own budget implementation forecast for the next decade and a set of budget proposals from the presidential administration. The amendments to the fiscal year 2019 were submitted in February and were considered by the Congress on April 13 and by the end […]
Dear colleagues. For the EUR / USD pair, we expect the movement towards the level of 1.1453. For the GBP / USD pair, the continuation of the movement towards the bottom is expected after the breakdown of 1.3195. For the of USD / CHF pair, the price is in an equilibrium state. For the USD […]
Political instability in Italy and Spain continues to exert pressure on European investors, as well as on the rate of the European currency. The coming to power of a coalition of Eurosceptics in Italy called into question the existence of this country within the European Union. On this wave, investors significantly reduced interest in buying […]
Forecast for May 30: Analytical review on the scale of H1: For Gold, the key levels on the H1 scale are: 1316.66, 1311.26, 1308.97, 1305.28, 1302.58, 1295.70 and 1288.63. Here, the price is in deep correction from the upward structure of May 21. The continuation of the movement towards the top is expected after 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:Analysis of GBP/USD. April 15th. Retail sales in the USA… April 15, 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-May 30th 2018 Related Posts:Energy in Focus: […]
AUDUSD has been underperforming in the past three days, following the touch on the 23.6% Fibonacci retracement level of the downleg from 0.8135 to 0.7410, around 0.7580. Early this morning, the pair recorded a fresh two-week low of 0.7475 while it still trading below the 20-simple moving average (SMA) in the daily timeframe. Short-term momentum […]
The break below the important support at 1.6670 was unexpected and has forced us to shift our long-term count. This new count still favors a bullish outlook, but sees a very complex corrective structure in the wave ii. From the peak of the wave i at 1.7099 in early February, a double corrective combination has […]
EUR/JPY is now trading within the expected target-area for the wave (E) between 123.08 – 125.32. This means a long-term low could be found anytime now. That said, the negative sentiment that embraces the EUR at the moment, due to the political situation in Italy, could make the short-term price-action erratic. However, the extreme negative […]
Overview: In the long term, the AUD/USD pair continues to move downwards from the level of 0.7613. The pair dropped from the level of 0.7613 to the bottom of around 0.7413 (the double bottom). But the pair has rebounded from the bottom of 0.7413 closer to 0.7561. Today, the first support level is seen at […]
When the European market opens, some Economic Data will be released such as Italian 10-y Bond Auction, German Unemployment Change, Spanish Flash CPI y/y, French Prelim GDP q/q, French Consumer Spending m/m, German Prelim CPI m/m, German Import Prices m/m, and German Retail Sales m/m. The US will also release the Economic Data such as […]
In Asia, Japan will release the Consumer Confidence and Retail Sales y/y. The US will also release some Economic Data such as Beige Book, Prelim Wholesale Inventories m/m, Prelim GDP Price Index q/q, Goods Trade Balance, Prelim GDP q/q, and ADP Non-Farm Employment Change. So there is a probability the USD/JPY pair will move with […]
Overview: The GBP/USD pair continues to move downwards from the areas of 1.3289 and 1.3203. Yesterday, the pair dropped from the level of 1.3289 to 1.3203. The price was rebounded from the bottm of 1.3203 to close at 1.3246. Today, the resistance is seen at the levels of 1.3289 and 1.3342. So, we expect the […]
https://pepperstone.com/en/forex-news/market-review -US & Asian equities sell-off on uncertainty. -Majors stable as Dollar index closes in on 95. -NK diplomats travel to the US for summit talks. -Gold tests back to US$1300. -Bank of Canada decides on rates today. -Why the US economy may have further to run. The overnight changes and price moves to be […]
To open long positions for EURUSD, it is required: Purchases of the euro failed again, and the movement continues to develop on the trend. It is best to consider new long positions after the formation of a false breakout at the level of 1.1513 or on a rebound from a new low in the region […]
To open long positions for GBP/USD, it is required: The only thing buyers of the pound can expect on Tuesday is a return to the resistance of 1.3268, a steadying on which may lead to an upward correction to the area of 1.3318, where I recommend profit taking. Otherwise, it would be best to consider […]
Overview The gold price is trading downwards moving away from 1,301.20 levels, which keeps our bearish overview valid for today. Our next main target is located at 1,285.90; a breach of 1,301.20 – 1,303.80 levels will stop the expected decline and lead the price to regain its main bullish track again. The expected trading range […]
