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 29th 2018 Related Posts:Energy in Focus: […]
To open long positions for EURUSD, it is required: Buyers will try to stay above the level of 1.1651 in the afternoon, and only a return to it, after updating the next monthly low, will be a good signal to open long positions in the euro. In the event of a further decline in the […]
To open long positions for GBP/USD, it is required: Buyers have not managed to get above the resistance of 1.3340 in the first half of the day, and now it would be best to consider new long positions in the pound after updating the monthly lows in the support area of 1.3294, or immediately on […]
Trading activity should pick up pace on this Tuesday as traders in the US and UK return from a three day weekend, so let’s see what news events could influence the markets. Swiss Trade Balance for April opens this agenda at 6 o’clock in the morning. Surplus narrowed down in March, but the balance has […]
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. As […]
Last week did not abound in important macroeconomic publications. The exception is Wednesday, which, however, brought disappointments. The values of PMI indices for European economies have failed, which contributed (to the company with the noise from the Italian political scene) to deepening the EUR / USD sell-off to 1.1675. The inflation from Great Britain also […]
Tensions in Italy do not leave the political scene – yesterday’s events caused that the country again returned to the path of uncertainty. President Sergio Mattarella expressed his opposition to the proposal of the new Prime Minister, Giuseppe Conte, to appoint the Paolo Savon to the post of finance minister. As a result of the […]
This is the Dukascopy Midday Snapshot for Monday, where we’ll take a closer look at how well the market players have worked out the rate movements. Euro/Dollar has declined by close to 100 pips to drop below the 1 17 level. Traded volume is average and sentiment of the traders is neutral, long positions outweigh […]
With US 10 year yield near 3% a major long-term down trendline from 1982 is being tested. The US Equity is breaking above a triangle and is back in leadership, thanks to Nasdaq. The US outperforms Europe & Japan again, the former leaders so far. Emerging Equities underperform, especially South America, Bruno Estier. You can […]
EUR/JPY Here, the downwards movement that happened last week has put an end to the recent sideways movement that was seen in the market. From May 9 to 22, the market consolidated in the context of a downtrend, and at last, there was a breakout in favor of sellers. This has really put more emphasis […]
USD/JPY The trend on the USD/JPY pair is also bearish in the short-term, but bullish in the long-term. From the high of last week, the price went downwards by 230 pips to test the demand level at 109.00, closing above it on May 25. The material has been provided by InstaForex Company – www.instaforex.com Related […]
USD/CHF This USD/CHF pair is bullish in the long-term, and bearish in the short-term. Last week, the price turned southwards, testing the level at 0.9900 several times and eventually closing below it on Friday. One reason why the market became bearish in the short-term is the strength in CHF. CHF is still strong, as evident […]
This Monday is a market holiday in both the US and UK, so let’s see if spreads have been calm. Euro/Dollar’s long term average spread is point 41 pips and peak separation of point 9 pips was posted during the past 4 hours. The pair was heading up for hours, but it has dropped from […]
USD/JPY has been residing at the edge of 108.50-109.20 support area for a few days from where it is expected to push higher in the coming days. Ahead of the upcoming NFP, Average Hourly Earnings, and Unemployment Rate data from the US this week, certain volatility is expected to be observed in this pair. Today, […]
Recently, the Gold has been trading downwards. The price tested the level of $1,295.00. Anyway, according to the H1 time – frame, I found a potential end of the downward correction (abc), which is a sign that selling looks risky. I also found the upward trendline on the test, which is another sign of potential […]
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 28th 2018 Related Posts:Energy in Focus: […]
Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.3292. Anyway, according to the H1 time frame, I found a fake breakout of the low at the price of 1.3305, which is a sign that selling looks risky. Recently, I found a breakout of supply trendline and a potential bullish […]
The Bitcoin (BTC) has been trading downwards. As I expected, the price tested the level of $7.133. One of the largest Bitcoin ATM manufacturers in the world, General Bytes, has recently installed ten new cryptocurrency ATMs throughout the Prague subway in the Czech Republic. Now commuters riding the Prague Metro can purchase digital assets at […]
Despite the good data on the mood in the business circles of Germany, the euro remained under pressure paired with the US dollar. However, a good morning gap up today allowed risky assets to win back some of the positions amid the political crisis in Italy where the Italian president did not allow the acting […]
Burning forecast 05/28/2018 EURUSD: Waiting for movement upward. The new week brings the growth of volatility to the market. Already with the opening of the market, we saw a strong rebound of the euro up. In Italy, a political crisis is in an acute form- there will likely be new elections in September. On Wednesday […]
Good morning, traders. Here’s how the technicals compare with the interbank at 8 AM GMT on Monday. Euro/Dollar’s short and mid term models are mostly neutral. There are 6 red signals in the daily scale, matching the 25% short interbank sentiment. Most of the indicators are neutral in the Cable’s hourly chart. Mid and long […]
To open long positions for EURUSD, you need: Buying the euro is best after the breakout and consolidation above the resistance level of 1.1735, which will allow us to expect a new wave of growth to 1.1785, where it is recommended to lock in profits. In case of a decline in the euro, interim support […]
To open long positions for GBP / USD, you need: Buying the pound is best after the breakout and consolidation above the level of 1.3340. However, the whole danger is a 50-day moving average, which is just above this range and can limit the upside potential in the pound. The main target will be resistance […]
Technical Overview: EUR/USD is expected to trade with a bullish outlook. The pair made a rebound from 1.1645 (the low of May 25), it is still struggling against its declining 50-period moving average. The downward potential is likely to be limited by the resistance at 1.1675. To conclude, as long as 1.1675 is not surpassed, […]
The first deputy governor of the Russian Central Bank, Olga Skorobogatova, said that Blockchain technology is not yet mature enough to be used on an industrial scale, reports the local media. During a discussion at the International Economic Forum in Saint Petersburg, Skorobogatova suggested that the newly emerging technology still needs to be improved. According […]
The week begins in clearly better moods. Trump, however, will meet the leader of North Korea, at least this is the current version. In Italy, the President of the Republic blocked the candidacy of Savona (eurosceptic, the supporter of the return to the lira) to take over the portfolio of the Minister of Finance. All […]
Wave picture of the D1 chart: Earlier in December 2016, the ascending section of the euro major timeframe has not been completed. In the wave structure since January, the first part of the downward correction is forming,nearing completion. The wave pattern of the H1 graph: The current wave of April 17 sets the price of […]
Technical outlook: Believe it or not, the Dow Jones Indice is preparing for a major break lower towards at least 20,000 levels from here. The indice has placed a major high in place at 26,698 levels since January 2018. The drop after that, towards 23,000 odd levels was an impulsive one and hence labelled as […]
Friday saw the markets focusing on Crude Oil. Oil experienced a daily decline of 3.2% being the first weekly decline for almost two months. Early Monday trading has seen the downward pressure continue as Brent prices move close to $75 per barrel, the lowest levels since the beginning of May and 7% of the peak […]
