EURGBP is looking more neutral in the short term after pulling back from multi-week highs reached on Friday. The rebound from 0.8620 (11-month low) to 0.8841 (7-week high) lost momentum after hitting resistance at the 61.8% Fibonacci retracement of the downleg from 0.8967 to 0.8620. Momentum indicators point to further downside risks in the near […]
Price action in related markets can help you strengthen your Elliott wave forecast. ElliottWaveTV asked our Metals Pro Service editor, Tom Denham, to explain how he juggles gold stocks vs. gold, and silver vs. gold, to get the most accurate read on these market. In the full version of this interview, Tom gives you his […]
After CYBG’s takeover offer for Virgin Money, Jeremy Naylor discusses what it means for the challenger banking sector as a whole, while also analysing OneSavings Bank and Metro Bank. ► Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 ► Learn more about IG: https://www.ig.com?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom We provide fast and flexible access to over 10,000 financial markets […]
There are a couple of Kiwi Dollar shakers scheduled for publication on this Wednesday, so let’s tale a closer look with the Dukascopy Economic Calendar. A couple of North American reports open this agenda at a half past noon GMT, including the US PPI stats for April. The Producer Price Index for final demand advanced […]
USDCHF has recorded a stunning bullish rally over the last six weeks, creating a new one-year high of 1.0055. However, despite the gains, the pair is this week developing with weaker momentum than before and the technical indicators suggest that the market could ease a little bit in the short-term. The RSI indicator is currently flattening in the overbought […]
It’s 12 PM GMT on this Tuesday, so let’s see how things are shaping up for the market players. Euro/Dollar has shifted South by 77 pips to trade point 51% in the red at noon. Turnover is high and neutral sentiment of the traders is 4% long. Decline suggests a successful morning session for those […]
In the first three months of 2018 new owners found 973.5 tonnes of gold. This is 7% less than last year and the weakest result of the first quarter since 2008 – the World Gold Council (WGC) informed. Demand for gold jewelry remained stable and amounted to 487.7 tons, which is only 1% less than […]
In July 2015, a nuclear agreement was signed to give the international community control over Iran’s actions in exchange for a conditional and temporary loosening of sanctions regarding primarily the possibility of oil exports. Its further fate is very uncertain, which pushed out WTI oil prices over $70 per barrel for the first time since […]
The USDJPY pair has fallen back from its high at 110.030 and is now using its 50-period moving average as resistance on the 4-hour chart. It has set up a falling trend line as resistance at 109.130 that, if broken, could send price back to retest the high. There is light resistance at 109.772 and […]
This past weekend, in Omaha, the super bowl of investing happened. Thousands of investors made their annual pilgrimage to the Berkshire Hathaway annual general meeting. They went to learn from one of the best investors of our time. Warren Buffet started investing in stocks in the 50s. His approach was simple; find good companies and […]
The Nintendo Switch is popular because it is unique to its rivals, so why is Nintendo selling cardboard cutouts? You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#244083 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV […]
Daily Outlook The EUR/USD pair had been trapped between the price levels of 1.2200 and 1.2500 until bearish breakout occured recently. Significant signs of bearish reversal were manifested around the price levels of 1.2400.This was manifested in the bearish engulfing daily candlestick of April 20. The short-term outlook turns to become bearish as long as […]
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, […]
EUR/JPY This EUR/JPY cross has dropped by 380 pips since April 26. Roughly 120 pips have been lost within Monday and Friday, owing to the weakness in EUR and a show of energy in JPY. There is a huge Bearish Confirmation Pattern in the market, and the price is expected to continue going southwards. The […]
USD/JPY The recent trend is in a precarious position. Price did not go upwards significantly last week, neither has it gone in a directional mode this week (the market is currently consolidating). There would soon be a rise in volatility, which would most probably favor bears. One of the reasons why the price has not […]
USD/CHF The USD/CHF pair has managed to go above the psychological level at 1.0000 earlier this week; now targeting the resistance level at 1.0050, which could be reached any moment from now. The price is currently consolidating, and there would soon be a breakout in the market, which would most probably favor bulls. USD is […]
GOLD BULLION rose near 2-year highs against the Australian Dollar on Tuesday even as gold priced in US Dollars fell back below $1310 – its lowest level in more than a month when first reached last week. The second-largest gold mining nation behind China, Australia has grown its annual output by 15% since the […]
Hello, traders, the Dukascopy TV team is here with Tuesday’s Spike Controller. Euro/Dollar’s spreads have averaged at point 35 pips during the past 24 hours, peaking at 1.1 pips. The pair dropped by point 54% after hours of relatively flat rate movement to define the long term high and low difference of 65 pips. Spreads […]
Here are the latest developments in global markets: FOREX: The euro extended its losses against the dollar early in the European session as investors shorted their positions on the currency amid uncertainties surrounding the Eurozone’s economic performance, sending euro/dollar to a fresh 4-month low of 1.1870 (-0.41%). Pound/dollar was also on the back foot, slipping to […]
Super Thursday is fast approaching with the Bank of England’s interest rate decision, monetary policy minutes, and the quarterly inflation report. Philip Rush, Heteronomics, discusses why market expectations for the next rate hike have been postponed from May until August. ► Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 ► Learn more about IG: https://www.ig.com?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom […]
U.S. equity indices started the week on a positive note, supported by energy stocks which benefited from the rise in crude oil prices. U.S. WTI crude oil pushed above $70, as markets await President Trump’s decision on a possible U.S. withdrawal from a deal giving Iran relief from sanctions in return for stopping its nuclear […]
US President Trump will announce today at 1800 GMT whether the US will withdraw from the Iran nuclear deal. Oil prices have been surging in recent weeks, on speculation that Iran may soon be faced with fresh sanctions on its exports, which would likely lead to lower oil supply. While an official withdrawal by the […]
The Bitcoin (BTC) has been trading sideways at the price of $9.336. A Norwegian district court has ruled in favor of Norway’s largest bank against a local cryptocurrency exchange. The court says the bank has full rights to close the account of the exchange, citing money laundering risks and criminal activities associated with bitcoin trading. […]
West Texas Intermediate (WTI) crude has advanced considerably and recorded a fresh three-and-a-half-year high of 70.80. The price retreated after the bounce off the mentioned level and the short-term technical indicators are endorsing the scenario for a potential bearish retracement. Looking at momentum indicators, in the 4-hour chart, the RSI has plunged below the overbought levels and is pointing […]
Recently, Gold has been trading sideways at the price of $1,311.00. According to the H1 time – frame, I found a breakout of a smaller bearish flag in the background, which is a sign that there is a room for at least one downward leg. I also found a hidden bearish divergence on the moving […]
Recently, the EUR/JPY pair has been trading downwards. The price tested the level of 129.58. According to the H4 time – frame, I found strong selling pressure on the market, which is a sign that buying looks risky. The rising wedge from the background is still an active pattern and projective target is set at […]
These are the Dukascopy Daily Trading Signals for Tuesday, where we’ll see how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar has 4 neutral signals in both the 1 and 4 hour charts. Daily outlook shifts to bearish and it’s in line with the 28% short interbank sentiment. Pound/Dollar has mostly red […]
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:Weekly forecast based on simplified wave analysis of… April 8, 2024 GBP/USDAnalysis:Since July last year, 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:Technical Analysis – Goldman Sachs stock gains on strong… April 15, 2024 Goldman Sachs shares pull […]
Here are the latest developments in global markets: FOREX: The US dollar index, which gauges the greenback’s strength against a basket of six major currencies, was practically flat on Tuesday ahead of a speech by Fed Chair Jerome Powell at 0715 GMT. It touched its highest level in five months yesterday, as the euro (which has by far the […]
