The EURUSD pair has fallen lower after losing trend line and moving average support. The price dropped to a low on Friday of 1.22490. Below this level, there is support at 1.22400 and the 1.22000 area. A loss of those levels would target 1.21640 and 1.21111 in extension. There is major trend line support at […]
Good morning traders it is the start of the week and it is time for Mondays trading signals. Let’s get things going with Euro-US Dollar pair. We have 5 sell signals in the short term 7 in the mid-term and 4 in the long-term. The interbank sentiment is neutral at almost 6 and a half […]
Gold plunged during today’s European session, following declines in the two previous days. The price reached a two-week low of 1330.70 after the pullback on the 1355 resistance level. It is worth mentioning that the price has been trading within a range since January 25 with the 1365 resistance level being the upper boundary and the 1307 support level the lower boundary. From the technical point of view in […]
Recently, Gold has been trading downwards. As I expected, the price tested the level of $1,329.00. According to the H1 time – frame, I found a breakout of the upward channel, which is a sign that sellers are in control. I also found a very consistent supply, which is another sign of weakness. My advice […]
Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.3984. According to the M15 time – frame, I found a successful breakout of the upward trendline in the background, which is a sign that buying looks risky. I also found a strong downward pressure in the background, which is another […]
The Dollar index is challenging important resistance. Price has broken above the 4-hour Ichimoku cloud and the first step for a bigger bounce towards 91.70 has been made. Bulls will now need to break above the April high and at the same time break above the triangle pattern. Black lines – triangle pattern The Dollar […]
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 index traded higher on Monday, though by less than 0.1%, adding to the significant gains it posted on Friday on the back of rising US Treasury yields. The loonie plunged on Friday after Canada’s CPI data disappointed, while the safe-haven Japanese yen is a touch softer today, amid […]
The Supreme Court of Russia ordered the City of St. Petersburg to examine the reference to the ban on the information site regarding the cryptocurrency of the Russian Legal Information Agency (RAPSI). In the summer of 2016, the District Court in St. Petersburg for the District of Vyborgsky recognized the request of the prosecutor’s office […]
In November 2017, evident signs of bullish recovery was 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 […]
Yields of US government bonds are maintaining levels after Friday’s rally, which supports USD. Moving on risky assets results in mixed stock market behavior and weakness of commodities, although news related to North Korea and US-China relations are positive. On the Asian stock market, minor declines on the main trading floors: Nikkei -0.3%, Shanghai Composite […]
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 […]
Gold price is challenging important Daily support at $1,333-28. Short-term trend is bearish as price has broken below the 4hour cloud. Gold price has seen multiple rejection at $1,355-65 area and every attempt to break the long-term resistance has been met with selling pressures and price reversals. Bulls continue to hope for a bullish break […]
The US dollar finished the week with growth, but the demand for it was circumstantial and was caused by the outcome of investors from China against the growing threat of a full-fledged trade war. We have repeatedly noted that the strengthening of the dollar is important only in terms of supporting the stability of the […]
Morning Report: 07.00 London This morning, world markets have a positive bias on expectations of a positive resolution to North Korea talks and the China trade dispute. The US dollar index initially gapped higher at the open, but has since slipped back to unchanged levels. The AUD/USD is leading the charge, recovering from the opening […]
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 23th 2018 Related Posts:Outlook for EUR/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:Technical Analysis of Intraday Price Movement of Filecoin… April 7, 2024 With the appearance of the […]
After having held numerous free forex trading seminars in Southeast Asia this year, on 14th April XM returned to the Philippines with yet another seminar presented by Jonathan Lou Reyes. Our company representatives were extremely glad to welcome a large number of guests on the event premises, Microtel Hotel, in the city of Baguio, where […]
EURUSD has been underperforming in the past two days, breaking below the long-term ascending trend line, which has been holding since March 2017. However, the single currency is still standing in the symmetrical triangle formation against the greenback as it finished the day around the 1.2250 price level, near the lower boundary. In the daily […]
Burning forecast 04/23/2018 EURUSD: There is a signal to decline. Closure of the day below 1.2295 gives a signal to decline. Sell from 1.2295, stop at 1.2340, the profit is at 1.2000. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500… April 16, 2024 We […]
We are looking for a more firm test of resistance at 1.7145 from where a correction closer to 1.6856 is expected. This corrective decline should completethe wave ii and set the stage for a new strong rally closer to 1.7479 and above. R3: 1.7162 R2: 1.7145 R1: 1.7050 Pivot: 1.6990 S1: 1.6958 S2: 1.6900 S3: […]
EUR/JPY has failed to rally into the 133.54 – 133.68 area and is already testing short-term important support at 132.08. If this support is broken, then we can say wave B has completed and wave C of (E) lower to at least 124.94 should be expected. As long as support at 132.08 is able to […]
The index has been consolidating above the 200 SMA following a breakout of the tight range in which has been trapped. The next target to the upside still lies at 90.36, where a corrective move could take place in order to gather enough momentum to break higher. If that happens, then it could be on […]
The Koreas will hold historic talks on Friday, aimed at formally ending hostilities between them and closing a chapter of their combined history. North Korea pledged to suspend missile and nuclear tests effective immediately, while South Korea has lifted border propaganda broadcasts. USDJPY has moved up to the 107.800 level, with resistance above at 108.000 […]
We would like to inform our clients that due to Anzac Day and Walpurgis Night, the trading hours of various instruments will be affected on 25 and 30 April 2018. The normal trading hours will be resumed from then onwards. Please review the table below to see which instruments will be affected and how: Instrument […]
The pair has plummeted strong during last week and the bearish tone was the main topic in the price action across the board. At H1 chart, we’re seeing a consolidation below the 200 SMA, while the Cable is finding support around 1.4205. If such level gives up in favors of the bears, then the next […]
https://pepperstone.com/en/forex-news/market-review -GBP, NZD & MXN all give ground vs USD. -BTC & ETH posted double-digit gains. -Japan’s Manf PMI grows again. -Brazil creates new jobs just more slowly. -Key EZ & US PMI data to come. -China and India’s gender balance challenge. The overnight changes and price moves to be aware of by Pepperstone’s Market […]
EUR/AUD reversed nicely off its resistance at 1.6032 (61.8% Fibonacci retracement, 100% Fibonacci extension) where we expect to see a further drop to its support at 1.5960 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support). We do have to be cautious of the intermediate support at 1.5986 (23.6% Fibonacci retracement, horizontal overlap support). Stochastic […]
The greenback rallied against all of the major currencies and experienced the strongest move versus sterling and the New Zealand dollar last week. The Japanese yen and euro were the most resilient but they did not escape the dollar’s gains. After weeks of losses and consolidation, the short dollar trade hit a brick wall as […]
The greenback rallied against all of the major currencies and experienced the strongest move versus sterling and the New Zealand dollar last week. The Japanese yen and euro were the most resilient but they did not escape the dollar’s gains. After weeks of losses and consolidation, the short dollar trade hit a brick wall as […]
