On 13-14 April, XM attended one of the most significant financial exhibitions in Germany: Invest Trade Fair and Congress for Finance and Investment, which took place on the premises of Messe Stuttgart. This year’s Invest was organized again with the aim to provide a common ground for many of the largest banking and financial institutions, […]
Overview: The pivot point is seen at the point of 0.7294. The NZD/USD pair is still continuing to move upwards from the level of 0.7294 and 0.7436 in the long term. 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 […]
Overview: The USD/CHF pair continues to move upwards from the level of 0.9589. Yesterday, the pair rose from the level of 0.9589 (the level of 0.9589 coincides with a ratio of 78.6% Fibonacci retracement) to a top around 0.9698. Today, the first support level is seen at 0.9589 followed by 0.9503, while daily resistance 1 […]
In recent days, the cable has been one of the best performing currency pairs. It has risen from a low of 1.3700 in early March to a high of 1.4400 yesterday. The surge the pair has experienced can be attributed to several factors. First, there seems to be progress in the Brexit negotiations, inflation, the […]
Australia’s employment report for March is likely to attract attention and is scheduled for release on Thursday at 0130 GMT. The unemployment rate is forecasted to tick lower to 5.5% for the month of March versus 5.6% the preceding month, while the employment change is expected to show that the economy added 3,500 jobs, much more from the previous month. […]
The rating giant, Moody’s Investor Service, said in a recent report that Blockchain technology for cross-border transactions could potentially harm banks in Switzerland more than in any other country. Because half of the Swiss banking sector’s revenues come from fees and commissions, Switzerland is more at risk of losing money because Blockchain technology makes cross-border […]
Except for some volatility on the USD/JPY pair, the rest of the currency market passed a calm night. EUR / USD stuck at 1.2370, GBP / USD fluctuates at 1.43. You can not see emotions on AUD and CAD. The index rally in Europe and Wall Street encouraged Asian indices to increase. Japanese Nikkei225 grows […]
Good morning traders we are halfway through the week and its time for the Dukascopy Trading Signals. We get the ball rolling with the Euro-Dollar pair. We see 4 neutrals in the short term 6 in the mid-term but the daily scale has 4 buy indicators. The interbank sentiment is only 6.2 percent long and […]
Morning Report: 07.00 London This morning, the US dollar has continued to recover, adding to yesterday’s gains. The gains come following strong US data yesterday, with manufacturing sales, housing starts and industrial production coming in above expectations. The dollar pairs have been on the back foot, though are making small gains this morning. The pound […]
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:Eurozone PMIs eyed as euro’s focus turns to rate cuts beyond… April 19, 2024 Eurozone appears […]
Here are the latest developments in global markets: FOREX: The US dollar index was practically unchanged on Wednesday, after it posted some gains on Tuesday. The Japanese yen and the Swiss franc were on the back foot as geopolitical risks were perceived as easing, while the British pound steadied somewhat after retreating yesterday. STOCKS: US markets soared […]
Burning forecast 04/18/2018 EURUSD: Waiting for the beginning of the trend. There is a lull in the markets. The news on the German economy gives hints of a possible slowdown in growth – however, these arguments are based on a sharp drop in investors’ optimism – but it should be noted that the surveys were […]
Although the Dollar index started weak yesterday, price held the important short-term upward sloping trend line support and made a strong bounce. Trend remains bearish as price remains below the 4-hour Ichimoku cloud. There is no indication by the price action that a bigger reversal has started. Black line – short-term trend line support Price […]
Gold price continues to trade sideways below the short-term resistance of $1,350. Support at $1,338-40 is very important for the short term. I’m expecting another leg down towards $1,300 as the most probable scenario. Only a break above $1,365 will cancel this view and automatically make me bullish looking for a move towards $1,400-$1,430. Red […]
USD/CAD has been consolidating below 1.2620 price area since it broke below the level from where certain retracement is currently expected before price proceeds lower in the nearest days. USD has failed to retain its bullish momentum earlier this month due to worse-than-expected economic reports which shifted the market sentiment towards CAD in an impulsive […]
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 18th 2018 Related Posts:Market continues to […]
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 – NZDUSD falls to fresh 5-month low April 19, 2024 NZDUSD creates lower lows […]
Since its deep fall towards the 0.7640 support level at the end of March, AUDUSD has been developing between the 38.2% Fibonacci retracement level of 0.7635 and the 23.6% Fibonacci mark of 0.7825. The Fibonacci levels are taken from the upleg of the last big upward movement in the weekly timeframe, with the low of 0.6820 and […]
EUR/JPY has been quite corrective and consolidating above 132.00 for a few days, now it is expected to proceed higher. EUR has been quite stronger against JPY recently, which resulted in impulsive bullish pressure despite the mixed economic reports published this week. Today, JPY Trade Balance report was published with a significant increase to 0.12T […]
Global markets synchronised their appetite for risk after the US stock market broke out earlier in the week, with the German Index and UK 100 following suit. This followed on from positive news on the geopolitical arena, as Syrian tensions eased and trade talks made progress. Corporate earnings are showing good results. The US 500 […]
When the European market opens, some Economic Data will be released such as German 10-y Bond Auction, Final Core CPI y/y, and Final CPI y/y. The US will also release the Economic Data such as Beige Book, Crude Oil Inventories, so amid the reports, EUR/USD will move in a low to medium volatility during this […]
In Asia, Japan will release the Trade Balance and the US will release some Economic Data such as Beige Book, and Crude Oil Inventories. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Resistance. 3: 107.81. Resistance. 2: 107.60. Resistance. 1: 107.39. […]
https://pepperstone.com/en/forex-news/market-review -The Dollar strengthens vs safe havens. -Sterling testing post-Brexit highs. -President Trump changes his mind on TPP once more. -White House talks to NK at a high level re May summit. -China eases RRR in a surprise move. -Is EM growth losing momentum? -Why all the fuss about Saudi Aramco. The overnight changes and […]
We expect the wave iv/ peaked at 1.6892 and wave v/ lower towards 1.6620 now is developing. However, we need to the peak at 1.6892 caps the upside for a break below minor support at 1.6830 and more importantly below support at 1.6786. A break below the later confirms that wave v/ lower towards 1.6620 […]
EUR/JPY needs to break clearly below minor support at 132.09 to confirm that wave B has completed, and wave C is developing. We do expect the peak at 132.97 will continue to cap the upside for a break below 132.09 confirming that wave C lower is developing. The ideal long-term target for the ongoing (E) […]
AUD/USD broke out of its descending resistance line where we look to buy on weakness at 0.7746 (38.2% Fibonacci retracement, horizontal overlap support) where we expect prices to rise to its resistance at 0.7845 (76.4% Fibonacci retracement, 100% Fibonacci extension). RSI (89) shows a corresponding break out where we expect to see a similar drop. […]
AUD/JPY broke out of its ascending support where we look to sell on strength at 83.311 (23.6% Fibonacci retracement, horizontal overlap resistance). We expect prices to push down all the way to its support at 82.652. RSI (89) shows a corresponding break out where we expect to see a similar drop. Sell below 83.311. Stop […]
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 […]
Trading resources: https://pepperstone.com/en/client-resources/trading-guides Join expert trading educators, FX Evolution, as they take you through the basics of the Multiple Time Frame analysis. In this webinar, learn how viewing the price action in various time frames can enhance your trading strategy. Related Posts:Analysis for GBP/USD on April 16th. The pound should not… April 16, 2024 The […]
