When the European market opens, some Economic Data will be released such as German Trade Balance, and German Industrial Production m/m. The US will also release the Economic Data such as 10-y Bond Auction, USD: IBD/TIPP Economic Optimism, JOLTS Job Openings, and NFIB Small Business Index, so amid the reports, EUR/USD will move in a […]
In Asia, Japan will release the Household Spending y/y, 10-y Bond Auction and the US will release some Economic Data such as 10-y Bond Auction, USD: IBD/TIPP Economic Optimism, JOLTS Job Openings, and NFIB Small Business Index. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this […]
Overview: Pivot point: 0.7049. The NZD/USD pair faced resistance at the level of 0.7089, while minor resistance is seen at 0.7049. Support is found at the levels of 0.6955 and 0.6906. Pivot point has already been set at the level of 0.7049. Equally important, the NZD/USD pair is still moving around the key level at […]
Overview: On the one-hour chart, the USD/CHF pair follows a bullish trend from the support levels of 0.9945 and 0.9993. Currently, the price is in a bullish channel. This is confirmed by the RSI indicator signaling that we are still in a bullish trending market. As the price is still above the moving average (100), […]
https://pepperstone.com/en/forex-news/market-review -AUD, CAD and ZAR all slip versus USD -DXY is testing towards another big figure. -China’s trade balance is ahead of forecast. -Australian Retail Sales miss. -Japanese households spend less. -US Oil pulls back. Collecting debts in the USA is not as easy as it used to be. The overnight changes and price moves […]
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 08th 2018 Related Posts:EUR/USD. Analysis for […]
Looking at the dynamics of the British pound in the last two weeks, “bulls” are really sorry. Excessive euphoria after the announcement of the transition period between the UK and the EU and the “hawkish” speeches by representatives of the Bank of England allowed the GBP/USD pair to climb to a peak since the referendum […]
Bitcoin is currently quite bearish in nature after being bounced off the $10,000 price area recently. Bitcoin has been quite non-volatile and impulsive with the bullish pressure recently which lead the price nearer to the psychological level of $10,000. Though there has been a lot of speculations that the price will clear $10,000 with ease […]
We’re halfway through this week’s first trading day, so let’s look back at the rate movements and trader performance. Euro/Dollar has declined by 80 pips to trade point 46% in the red at 12 o’clock. Traded volume is average and neutral sentiment of the traders is almost at an even balance. Decline suggests a successful […]
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 […]
Here are the latest developments in global markets: FOREX: The demand for greenback remained strong early in the European session, supported by rising confidence that the Fed, unlike its major counterparts, would keep pace with its stimulus reduction plans despite Friday’s nonfarm payrolls report showing wages growing less than expected. However, risks of a global trade […]
Overview: Pivot: 1.3534. The GBP/USD pair was trading around the area of 1.3534 a week ago. Today, the level of 1.3485 represents a daily support in the H1 time frame. The pair has already formed the minor resistance at 1.3604 and the strong resistance is seen at the level of 1.3678 as it represents the […]
USD/JPY has been non-volatile and impulsive with the bullish gains recently which is expected to extend its horizons further upwards in the coming days. Despite the mixed economic reports of USD published on Friday, the currency managed to gain momentum today in an impulsive manner which is expected to push the price higher in the […]
Overview: The EUR/USD pair opened below the daily pivot point (1.1964). It continued to move downwards from the level of 1.1964 to the bottom around 1.1912. Today, the first resistance level is seen at 1.1964 followed by 1.2016, while daily support 1 is seen at 1.1912. Furthermore, the moving average (100) starts signaling a downward […]
Let’s see which news releases could move the currency markets on this relatively light Tuesday, the 8th of May. Swiss Unemployment Rate for April opens this agenda at an early 5:45 in the morning. Seasonally adjusted unemployment rate stood still in March at 2.9%. German Industrial Production for March follows fifteen minutes later. Industrial production […]
EUR/USD has been quite impressive with the recent non-volatile bearish impulsive momentum. Currently, the price is residing below 1.20 support area from where it is expected to retrace for a certain period before the bearish trend continues with its impulsive momentum. USD has been quite mixed with the recent high impact economic reports which did […]
We are opening a new week in a calm climate, but nothing is happening in the markets (especially peace) without end and this atmosphere can be the most deceptive. The US labor market report came out risk-friendly, though it does not take away the vigor of the dollar. Now the marathon of Fed representatives’ speech […]
The Dukascopy TV team is here with this week’s first Spike Controller, the program that helps you get the best deals from your broker. Euro/Dollar’s long term average spread is point 44 pips and peak separation has been point 8 pips. The pair has moved further South of the 1 20 level as it declined […]
The Germany 30 index has climbed considerably since late March and after coming close to revisiting the 15-month low of 11,691.60 recorded in early February. Earlier on Monday, the index touched a three-month high of 12,889.50. The Tenkan-sen and Kijun-sen lines are positively aligned, supporting the case for a bullish bias in the short term. […]
The Bitcoin (BTC) has been trading downwards. The price tested the level of $9.170. The Japanese financial regulator has imposed five new criteria for all cryptocurrency exchanges operating in the country. These rules apply to existing exchange operators as well as new ones applying for registration for the first time. On-site inspections will be conducted […]
Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1921. According to the H1 time – frame, I found that the price is trading inside of the downward channel, which is a sign that sellers are in control. I also found a potential 3-drive pattern in creation, which is a […]
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 yesterday. Since April 13, […]
Daily Outlook The EUR/USD pair remains trapped between the price levels of 1.2200 and 1.2500 until breakout occurs in either directions. Daily persistence above 1.2470-1.2500 was needed to confirm a recent bullish flag continuation pattern with projected targets around the price level of 1.2750. However, significant signs of bearish reversal were manifested around the price […]
Trading plan 05/07/2018 The picture: The market chooses the direction. In the new week, a little news is expected. It is worth to pay attention to the inflation in the US on Thursday. The news last week did not give a strong impetus, whereas, the strengthening the dollar will probably reach a local limit. A […]
Recently, the USD/JPY pair has been trading upwards. The price tested the level of 109.32. According to the H1 time – frame, I found a broken downward channel, which is a sign that selling looks risky. I also found a hidden bullish divergence on the RSI oscillator, which is another sign of strength. My advice […]
Last week, the focus among investors was on the Federal Reserve and the jobs numbers. On Wednesday, the Federal Reserve concluded its meeting and left interest rates unchanged. This was an expected move but what raised concerns was the inclusion of the term, symmetry, which implied that the officials would continue with the current strategy. […]
Crude Oil is one of the most important commodity in the world. It powers everything that we use every day. Without oil, big agricultural producers would not be able to produce the food we eat in large scale. Local and international transport would be impossible. Crude oil is produced by a small group of countries, […]
On Friday, US stocks ended the day higher with the Dow and NASDAQ gaining more than 300 and 120 points respectively. The gains were mostly because of Apple, which reached an all-time high of $184. This came as Warren Buffet announced that his firm had increased its stake in Apple by more than 75 million […]
Good morning traders, we’re back with the Daily Trading Signals for Monday. Here’s how the technicals line up with the interbank at 8 AM GMT. Euro/Dollar has technicals pointing mostly South in all three time scales and they are matched by the 30% short interbank sentiment. Pound/Dollar has 5 neutrals in the hourly scale. Mid […]
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 […]
