Bitcoin has been impulsive with the bullish gains since yesterday. At present, the price is currently proceeding with the unchanged momentum towards $8,500 area. Without any strong fundamental news on the Bitcoin, certain bullish pressure is expected to be the reason of the involvement of big investors like George Soros in the market. The more […]
NZD/USD has been impulsive and non-volatile with bullish gains which are expected to proceed higher in the coming days. USD has been struggling with the gains against NZD due to recent downbeat high impact economic reports which made the NZD sustain its gains despite mixed economic reports from New Zealand. Today, Business NZ Manufacturing Index […]
The Bitcoin (BTC) has been trading upwards. As I expected, the price tested the level of $8,096. Trying to take its share of the profits, the government of Latvia may accept cryptocurrencies as a legal means of exchange. This year’s tax filing campaign is underway and officials don’t have much time. Two parliamentary commissions and […]
Recently, Gold has been trading downawrds. As I expected, the price tested the level of $1,334.38. Accoridng to the M30 time – frame, I found a broken bullish support line in the background, which is a sign that sellers took control from the buyers. Currently, Gold is trading in the corrective mode and a potential […]
AUD/JPY is quite impulsive with the bullish gains after the break above 82.00 price area recently. Recently published mixed economic reports of JPY lead the price to become more impulsive with the AUD gains whereas further bullish pressure is expected in the coming days. Recently JPY BOJ Governor Kuroda spoke about the monetary policies and […]
Recently, the GBP/USD pair has been trading upwards. As I expected, the price tested the level of 1.4295. According to the M30 time – frame, I found that buyers are in control, which is a sign that selling looks risky. I also found a broken resistance and hidden bullish divergence on the moving average oscillator […]
Morning Report: 07.00 London This morning, the euro remains under pressure following yesterday’s sharp sell-off. The minutes from the last ECB minute showed a complete lack of any hawkish sentiment that many hope for and expected. The EUR/USD erased all of yesterday’s gains and most of Wednesday’s advances. Meanwhile, the EUR/GBP plunged to its lowest […]
A new trading week brings a fresh set of economic publications to trade on, so let’s take a look. Swiss Producer Price Index for March opens this agenda at a quarter past 7 AM. The Producer and Import Price Index rose by point 3% in February due in particular to higher prices for chemical and pharmaceutical products. […]
Early March, the GBP/CHF pair reached 1.2857 which was the lowest level since November. Since then, the pair has been on an upward momentum, with no signs of stopping. It is now trading at the highest level since June 2016. The question among traders is on whether the pair could continue rising or whether a […]
It’s time for the last episode of trading signals this week. So don’t click away. first things first is the Euro Dollar it has 5 buy signals in the 1-hour chart the 4 and 24-hour charts have 5 neutral signals each.the sentiment for this pair is neutral at 3.64 percent short and it matches the […]
GBPJPY is rising aggressively and reached a two-month high of 153.83 during today’s European session. The pair has surpassed successfully the upward sloping channel, which has been holding since March 5, indicating that the bullish extension continues. The technical indicators, continue to send bullish signals, suggesting that the strengthens in the market is not over yet. In the 4-hour chart, the RSI is […]
Overview: The NZD/USD pair is still continuing to move upwards from the level of 0.7294 and 0.7350. The level of 0.7294 represents the daily pivot point in the H4 time frame. The pair rose from the level of 0.7294 to a top around 0.7375. Right now, the price is moving around the level of 0.7375. […]
Overview: Today, the USD/CHF pair has broken resistance at the level of 0.9549 which is acting as support now. Thus, the pair has already formed minor support at 0.9549. The strong support is seen at the level of 0.9549 because it represents the daily support 1. Equally important, the RSI and the moving average (100) […]
Trading plan 04/13/2018 The general picture: The markets are waiting for the US attack on Syria. The focus is on the prospect of a US strike against Syria. The second main topic – trade tension between U.S. President Donald Trump and China – will come to the fore after the decision on Syria. The rest […]
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:GBP/USD. April 8th. Nonfarm Payrolls did not help the dollar April 8, 2024 On the hourly […]
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 13th 2018 Related Posts:EUR/USD and GBP/USD: […]
Here are the latest developments in global markets: FOREX: The US dollar index traded higher on Friday, but by less than 0.1%, extending the gains it posted yesterday as geopolitical and trade risks moderated, and the yields on longer-term US Treasuries surged. The yen traded 0.2% lower against both the euro and the dollar, as the […]
Markets remain in suspense, waiting for the US decision to strike on Syria and the consequences of such an attack. On one hand, the likelihood of a strike is rising- US allies are increasing support, statements are being made about Syria’s evidence of Syria’s chemical attack on April 7. On the other hand, the top […]
The Ministry of Internal Affairs of the Russian Federation spokeswoman, Irina Volk, stated that the police detained two people related to the mining farm found in an abandoned factory. As reported in the Russian media, more than 6,000 mining devices were found in the city of Orenburg. Reports also contained a recording of police raids. […]
The sentiment on the markets is better now, and the lack of information about the escalation of conflicts on the subject of a trade war or Syria is helping. The risk appetite is used mainly by AUD, and the defensive is JPY and SEK. Nikkei is higher, but the Shanghai stock exchange is down, as […]
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 Technical Outlook: 08/04/2024 – USDJPY, EURGBP,… April 8, 2024 USDJPY has been quiet within a […]
USDCAD has been posting an aggressive downside rollercoaster since the previous weekly session, failing to climb above the 50.0% Fibonacci retracement level around 1.2940 of the downleg from the high of 1.3800 to the low of 1.2060. It is worth mentioning that the pair has been developing within an upward sloping channel over the last […]
The AUD is the strongest currency today, as Chinese Imports (YoY) (Mar) came in at 14.4%, much stronger than the expected 10.0%, from a prior reading of 6.3%. This boosted the AUD, which was already higher due to positive risk sentiment, with AUDUSD up 0.28% to 0.77736 overnight. This pair was down at a low […]
The Dollar index as expected bounced off the 61.8% Fibonacci retracement and reached the important resistance level of 90, but could not break above it and change the trend. The price got rejected and pushed back towards the lower cloud boundary. Bears remain in control of the trend as long as we are below 90. […]
Gold price continued with its pull back yesterday towards $1,330 while now is trading around the key level of $1,340. In Ichimoku cloud terms, trend remains bullish in the short-term as the price is again above the cloud. However, the rejection at the long-term resistance and the ugly intraday reversal was a major weakness sign […]
https://pepperstone.com/en/forex-news/market-review – AUD and BRL overnight gainers. -Chinese exports are 12% below forecast in March. -Singapore grows nicely in Q1 2018. -Trump on TPP. -Global debt is broken down & quantified. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. New To Forex Trading? See Our Comprehensive Trading […]
EUR/NZD was even more bearish than we expected in the short-term and wave iii/ has extended lower to 1.6689. We are looking for a more substantial, but likely complex correction in wave iv/ towards 1.6860 before lower in wave v/ towards 1.6620 where a bottom could be found. We say a bottom could be seen […]
A final spike closer to 132.82 remains expected before renewed downside pressure is expected. Short-term, we will remain cautiously bullish for the spike to 132.82 as long as minor support at 131.75 is able to protect the downside, but from 132.82 or upon a break below minor support at 131.75 a new impulsive decline towards […]
When the European market opens, some Economic Data will be released such as Trade Balance and German Final CPI m/m. The US will release the Economic Data too, such as Prelim UoM Inflation Expectations, JOLTS Job Openings, and Prelim UoM Consumer Sentiment, so, amid the reports, EUR/USD will move in a low to medium volatility […]
In Asia, Japan today will not release any Economic Data, but the US will release some Economic Data such as Prelim UoM Inflation Expectations, JOLTS Job Openings, and Prelim UoM Consumer Sentiment. 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: […]
