Overview: The GBP/USD pair continues to trade upwards from the level of 1.4225 (the daily pivot point). Last week, the pair rose from the level of 1.4170 (the level of 1.4170 is coincided with the major support today) to the top around 1.4296. Today, the first resistance level is seen at 1.4364 followed by 1.4426, […]
USDCAD is once again testing the 1.26226 level today. This level provides traders with a very interesting decision. Will price break out higher from here or respect the level and fall back lower again? A break higher is supported by the creation of higher lows since the middle of last week, and the 50-period MA […]
Good morning traders the weekend is over and its time for the first trading signals of the week so don’t click away. Let’s start the morning off with the Euro-Dollar pair. We have 6 bullish signals in the 1-hour chart 4 bullish signals in the mid-term and the 24-hour scale has 4 neutral signals. the […]
This month, the price of WTI crude oil has surged by more than 7% while Brent has surged by almost 10%. The upward movements of the crude oil may be attributed to the ongoing risks in the Middle East. The Syrian crisis has escalated, leading the US, UK, and France to launch targeted attacks. Russia […]
Last week, the global focus among investors was on global trade and emerging tensions in the Middle East. On trade, the rhetoric on trade war calmed after Chinese president promised to reform the country and open up the economy to foreign companies. It was also a victory for free traders after Trump indicated that he […]
Last week, the biggest talk in financial media was on the escalation between Washington and Moscow. This followed a chemical attack in Syria which left more than 40 people dead. Following the attack, Washington responded by promising an attack in Syria. On the other hand, Moscow threatened to shoot down any missiles fired by the […]
Gold reached an eleven-month high of 1365.14 during the previous week, while at the end of the weekly session it retreated. The price has been trading within a trading range since January 25 with upper boundary the 1365 resistance level and lower boundary the 1307 support level. From the technical point of view, in the […]
In the past six years, XM has held a great many seminars on forex trading in the Hungarian capital, Budapest, and in 2018 we are continuing this tradition by bringing first-class forex education closer to online investors ready to learn from the best. We were pleased to welcomed our event guests at Radisson Hotel in […]
Recently, the GBP/USD has been trading upwards. As I expected, the price tested the level of 1.4279. According to the M30 time – frame, I found a rising bottom and hidden bullish divergence on the moving average oscillator in the background, which is a sign that buyers are in control. My advice is to watch […]
Burning forecast 04/16/2018 EURUSD: Waiting for the breakthrough of the range. Military tension in Syria has decreased. The tension in the US-China trade dispute is not yet in the near term. Thus, the markets are ready for growth – starting with the US and European markets, where there are attractive prices after a deep correction. […]
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:What to expect for the dollar next week? April 7, 2024 The dollar missed plenty of […]
Here are the latest developments in global markets: FOREX: The US dollar traded lower on Monday, but by less than 0.1%, showing little response to the US military strike on Syria over the weekend. STOCKS: US markets closed lower on Friday, though they appear set for a recovery today. The Dow Jones and the Nasdaq Composite both […]
After the investment mogul Tim Draper said this week that Bitcoin could make up to $ 250,000 by 2022, Brian Kelly supported this forecast in a TV interview. In response to the question about Draper’s high predictions, Kelly replied that although it sounds crazy, considering that Bitcoin has grown by 4,000 percent in two years […]
Bears remain in control of the Dollar index as long as the price is below the 90.30-90 level. The trend remains bearish as price is still below the Ichimoku cloud. The price is trying to break back above the previously broken downward sloping resistance trend line at 89.85. Blue lines – trading range On a […]
The Gold price continues to trade inside the $1,360-$1,300 range. The price is near the upper boundary and below resistance. There is a danger of seeing a push lower towards $1,300 as long as we remain below $1,350. Magenta line – long-term resistance Black line – short-term support The Gold price is in a bullish […]
The missile attack of the US, the UK, and France in Syria did not make panic on the financial markets yet. The currency market is calm, JPY is the strongest, but USD/JPY stopped the falls before 10 7.10. After AUD and NZD, there is no increase after the recent drops. The Asian stock market is […]
The dollar ended the week with a slight increase, which is natural before the weekend, but the long-term trend is still unclear. The blow to Syria did not lead to a significant reaction of the markets, the demand for safe haven assets practically did not increase, the markets did not see the threat of escalation. […]
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:What to expect for the dollar next week? April 7, 2024 The dollar missed plenty of […]
EURUSD has been underperforming in the past two days, failing to extend its gains to the upside. The pair has been developing within a symmetrical triangle since February in the short- to medium-term timeframe, while the price lacks a clear trend. In the longer-term, the single currency has been developing in an ascending movement against the greenback over […]
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 16th 2018 Related Posts:Forecast for EUR/USD […]
The US, UK and France took military action against Syrian Government forces over the weekend. Three targets were hit in combined missile and airstrikes, after the US had been in contact with Russia during the week, to give pre-warning and limit collateral damage. The strikes took place after market close on Friday night/Saturday morning, giving […]
When the European market opens, the Economic Data will be released such as the German WPI m/m. The US will also release the Economic Data such as TIC Long-Term Purchases, NAHB Housing Market Index, Business Inventories m/m, Empire State Manufacturing Index, Retail Sales m/m, and Core Retail Sales m/m, so amid the reports, EUR/USD will […]
In Asia, Japan today will not release any Economic Data but the US will release some Economic Data such as TIC Long-Term Purchases, NAHB Housing Market Index, Business Inventories m/m, Empire State Manufacturing Index, Retail Sales m/m, and Core Retail Sales m/m. So, there is a probability that the USD/JPY pair will move with low […]
https://pepperstone.com/en/forex-news/market-review -US, French & UK forces made a targetted strike on Syria. – the Russian Rouble fell -8.5% over the last week. -BTC & ETH post good weekly gains. -China is not an FX manipulator but India moves closer. -A fresh round of US sanctions against Russia is being prepped. -What any new trade barriers […]
EUR/NZD is following the expected path and is correcting. The minimum corrective target at 1.6793 has already been tested, but we expected a little more correction closer to the 1.6835 – 1.6860 area will be seen before lower again towards the ideal target near 1.6620. The test of 1.6620 will ideally complete the corrective decline […]
EUR/JPY peaked at 132.90, just above our ideal target at 132.82 and is now in a position to reinforce the underlying downtrend towards the long-term ideal target for wave (E) at 123.43. A break below support at 131.75 will confirm wave B has peaked and wave C lower is developing. R3: 133.39 R2: 132.89 R1: […]
NZD/USD bounced nicely off its support at 0.7347 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support) where we expect to see it rise further to its resistance at 0.7394 (horizontal swing high resistance). Stochastic (34, 5, 3) bounced off its support at 4.2% where we expect to see a corresponding rise. Buy above 0.7347. […]
GBP/USD tested its resistance area at 1.4297 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance), where it reversed nicely off it. We expect to see price drop further to its support at 1.4123 (61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55, 5, 3) reversed nicely off its resistance at 98%. A bearish divergence […]
In November 2017, evident signs of bullish recovery were expressed around the depicted low (0.6780). An inverted Head and Shoulders pattern was expressed around these price levels. The price zone of 0.7140-0.7250 (prominent Supply-Zone) failed to pause the ongoing bullish momentum. Instead, a bullish breakout above 0.7250 was expressed on January 11. That’s why a […]
Daily Outlook The EUR/USD pair remains trapped between the price levels of 1.2200 and 1.2500 until a breakout occurs in either direction. 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 […]
