The USD/CHF pair broke the resistance that turned into strong support at the level of 0.9772 yesterday. The level of 0.9772 coincides with the ratio of 78.6% Fibonacci, which is expected to act as a major support on the H1 chart today. Consequently, the first support is set at the level of 0.9772. Moreover, the […]
The USDCAD pair has returned to the previously broken red trend line and is consolidating in the area around 1.28363. A break higher targets today’s high at 1.28641, followed by 1.28940 and the area of resistance containing the recent highs, starting at 1.29200 up to 1.29300. A move that is sustained over this zone could […]
Good morning traders it is Wednesday and it is time for the Dukascopy daily trading signals. First up is the Euro-Dollar pair which has 5 sell signals in the 1-hour chart and 4 sell prompts in the 4 and 24-hour scales. The interbank sentiment is bearish at over 18 percent short and it matches all […]
EURJPY has advanced considerably following the rebound on the 132.10 support level, which coincides with the rising trend line. The ascending movement has been holding since March 23, creating a bullish correction of the major bearish movement in medium-term. During yesterday’s session the pair recorded a new more than two-month high near 133.50, however, currently, the […]
EUR/GBP has recently bounced off the 0.86 price area breaching above 0.87 with a daily close. Currently, the price is residing inside the support area of 0.87-0.8750 from where it is currently expected to push higher towards 0.8950 resistance area in the coming days. The recent break below 0.87 has proved to be a false […]
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 […]
S&P 500 is the biggest index in the world. It has a combined market value of more than $23 trillion. On the other hand, the Dow Jones Industrial Average has a market capitalization of more than $6 trillion while Germany’s DAX has a market cap of less than $1 trillion. As such, S&P is the […]
Here are the latest developments in global markets: FOREX: The US dollar index is 0.2% higher today, hovering just below its four-month high posted earlier in the week, as the continued rise in longer-term US bond yields has breathed some life back into the world’s reserve currency. Both the aussie and the kiwi are 0.45% […]
high. Resistance is found at 91, where the September’s low was made. My short-term target remains at 91.70, where the weekly kijun-sen is found. Black lines – triangle pattern The Dollar index is trading above the Ichimoku cloud. Support is at 90.70. Resistance is at 91 and next at 91.70. If support fails to hold, […]
Gold price bounced as expected yesterday, but the bounce was a shallow one. The price reached the broken short-term trend line support that was broken and back tested it. The price got rejected at the resistance previous support and is now back near the week lows. I expect the decline to stop around $1,310 and […]
The likely next president of the Federal Reserve Bank in New York said that the cryptocurrency “does not pass the basic test of what the currency should be”. John Williams, who is the current head of the Federal Reserve Bank of San Francisco, said the currency should be “something like a value-added asset”. He added […]
The US dollar moved slightly upward overnight, stopping Tuesday’s correction. Yields of US 10-year bonds return under 3.0%. Despite the day off in Australia and New Zealand, AUD and NZD suffered the biggest losses. Against GBP and CAD they lost the least. The stock market in Asia has fallen in red in the wake of […]
Morning Report: 07.00 London This morning, the US Dollar index continues to rise, fuelled by worries over US earnings and soaring treasury yields. Dollar pairs are on the back foot once again, with the AUD/USD leading the fallers. The Aussie is now down 1.2% on the week, breaking the 0.7600 level. The EUR/USD and GBP/USD […]
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 […]
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-April 25th 2018 Related Posts:Trading Signals for […]
AUDUSD recorded a stunning bearish rally over the last four trading days, penetrating the medium-term ascending trend line, which has been standing since January 2016. Also, the price posted a fresh more than 4-month low of 0.7569 during today’s early European session. The aggressive bearish correction started after the pullback on the 32-month high of 0.8135 and […]
Started in March this year in Thailand, the spring seminar road trip of XM on CFD trading continued its way, reaching two further cities: Chonburi on 7th April and Korat on 21st April. The topic title The Moving Average Ribbon Technique was presented by acknowledged trading instructor Sompop Jittrakul in both Thai cities, where we […]
The market turned yesterday as the 3% level on the US 10 Year was tested and the 2-10 yield spread climbed from multi-year lows set earlier in the month. This caused some weakness in the USD, although it has regained some strength this morning. Equities were down over 1% yesterday in risk-off markets, with USDJPY […]
Sub-wave v/ of wave i is extending and could move higher to 1.7265 before peaking and setting the stage for a correction in wave ii. This wave ii correction is expected to decline to at least 1.7015 and likely even closer to the 50% corrective target at 1.6967. In the short-term, a break below minor […]
EUR/JPY rallied into the 133.54 – 133.68 area after all. Wave B should now be complete and wave C lower should soon take over for a decline to below 128.92 as wave C of (E) moves closer to at least 124.94. In the short-term, a break below minor support at 132.59 will be the first […]
https://pepperstone.com/en/forex-news/market-review -It’s Anzac day -USD makes fresh gains vs NZD, AUD and JPY. -US 100 index leads stocks lower on interest rate concerns. -The biggest week for US earnings. -Trump hangs tough on Iran as Macron lobbies for a new deal. -The US Dollar rally, is it a short squeeze? The overnight changes and price […]
When the European market opens, there’s no Economic Data will be released, but the US will release the Economic Data such as Crude Oil Inventories, so, amid the reports, EUR/USD will move in a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.2297. Strong Resistance:1.2290. Original Resistance: 1.2278. Inner Sell […]
In Asia, Japan will release the All Industries Activity m/m data, and the US will release an Economic Data such as Crude Oil Inventories. So there is a probability the USD/JPY will move with a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Resistance. 3: 109.54. Resistance. 2: 109.32. Resistance. 1: 109.11. Support. […]
EURAUD is approaching its resistance at 1.6121 (100% Fibonacci extension, 61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where we expect to see a reversal, causing price to fall to its support at 1.5980 (50% Fibonacci retracement, 38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support). Stochastic (55, 5, 3) is approaching its […]
GBP/USD bounced nicely off its support at 1.3930 (100% Fibonacci extension) where we expect it to rise further if it breaks out of its immediate resistance at 1.3992 (horizontal overlap resistance, descending channel). Once this level is broke, a bullish acceleration would be triggered, causing price to rise to its resistance at 1.4176 (61.8% Fibonacci […]
EUR/JPY Some form of bullish effort was witnessed on this cross. The price is now above the demand zone at 133.00, going towards the supply zone at 133.50, which would be tested and get breached to the upside. The expected directional movement is almost here, and it would become stronger as time goes on. There […]
USD/JPY This currency trading instrument shot skywards and rammed into the supply level at 109.00, and it has met some challenges at that supply level (in a form of pullback). However, the price is supposed to rise further from the current position, going towards other supply levels at 109.50 and 110.00. There a Bullish Confirmation […]
USD/CHF The USD/CHF has continued going upwards, and bulls are still intent on pushing price upwards. The resistance level at 0.9800 is under siege (it has been tested a few times), and it would soon be breached to the upside as price goes further upwards towards the resistance levels at 0.9850 and 0.9900. There is […]
Looking at how sensitively the currency and stock markets react to his twitter, Donald Trump decided to try the strength of his voice on raw materials. According to the US President, in circumstances when the storage facilities are flooded with oil to the very ears, OPEC artificially maintains very high prices. Brent and WTI reacted […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 Each Elliott wave has its own “personality.” Learn about the market’s recent characteristics, and what they suggest about the stock market’s next big move. 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:Market Comment – Stocks climb after sizzling US jobs report April 8, 2024 Nonfarm payrolls smash forecasts, reaffirming labor […]
