It’s time for the midday snapshot where we assess the performance of traders until 12pm gmt this Monday. First up is the EUR/USD where a rise of 50 pips leaves it standing point 31% in the green at midday. Sentiment is neutral at 5% long and trading is average in terms of volume. The uptrend […]
U.S stock markets look set to move higher after shrugging off geopolitical concerns and with earnings season kicking into gear. There is some relief that a direct confrontation between the U.S. and Russia over Syria seems to have been avoided after Russian President Vladimir Putin just warned that further Western attacks in Syria would bring […]
UK employment figures for March will be released on this Tuesday, so let’s find out more with the Dukascopy Economic Calendar. The closely watched UK employment report for March opens this agenda at 8:30 in the morning. March release showed unemployment rate edge lower to 4.3%, which is the joint lowest since 1975. ZEW Survey […]
Here are the latest developments in global markets: FOREX: The dollar was struggling to gain ground during the early European afternoon against the Japanese yen (-0.11%) ahead of the US retail sales released later in the day. The yen was making a comeback during today’s European session as geopolitical risks were hanging in the background following Saturday’s military […]
GBP/JPY is expected to trade with a bullish outlook. The pair rebounded from 152.60 and broke above its 20-period and 50-period moving averages. The relative strength index is bullish and calls for a further upside. To conclude, as long as 152.60 holds on the downside, look for a new rise with targets at 152.35 and […]
EUR/JPY The EUR/JPY pair is bearish in the long-term, and now bullish in the short-term. It has gained roughly 250 pips this month, and it can gain another 250 pips before the end of the month. That is something that can bring about a long-term bullish outlook on the market as it goes through the […]
USD/JPY The USD/JPY pair is bearish in the long-term, and bullish in the short-term. There is a weak short-term bullishness owing to the fact that price made some effort to go upwards last week, gaining only 80 pips. Price managed to briefly breach the supply level at 107.50, but it could not close above it […]
USD/CHF There is some form of bullishness on the USD/CHF pair. Since the support level at 0.9200 was breached on February 16, price has moved upwards by 440 pips, closing above the support level at 0.9600 on Friday. This week is supposed to be bullish, because USD will likely gain some stamina against certain currencies […]
NZD/USD is expected to trade with a bullish outlook. The pair retreated from 0.7395 (the high of April 13) and broke below its rising trend line since April 11, which confirmed a bearish outlook. The declining 50-period moving average is acting as a resistance. The relative strength index is mixed with bearish bias. Hence, as […]
Contrary to the majority of the market participants expectations, the S&P rating agency decided to increase the outlook for Poland’s rating from stable to positive. The agency expects a strong expansion of the economy in 2018 in view of solid external demand, generous transfers from the EU and the resilience of the foundations of the […]
Bitcoin (BTC) has been trading sideways at the price of $8.030. Bitcoin in Brief today is slanted toward a crypto winter slowly thawing, as Pantera Capital bets on a moonshot price point. Besides, the world’s most popular decentralized digital asset has been forked more than a plate of good pasta; there’s a growing list of […]
The Syrian affair had an unpleasant development over the weekend, but the market reaction is surprisingly almost invisible. A drop of USD/JPY by 30 pips, or fluctuations in the price of Gold within 0.5% are not worth describing. Suggestions that military action will not turn into a longer campaign (President Trump said that “the mission […]
Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.2365. According to the M30 time – frame, I found a confirmed intraday ascending triangle, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities. The upward targets are set at the price […]
welcome back to the Dukascopy Spike controller start your week on a good note and make sure broker is not misleading you. We get things going with the Euro-US Dollar, It has a daily average spread of point 41 pips and a maximum spread of 1.3 pips. The High and low Difference for this pair […]
An insight into green technology metals, Udo Sutterluety, Funds Manager, Sunares Natural Resources Funds. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#239989 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman Regardez […]
Overview: The EUR/USD pair will probably continue to rise from the level of 1.2345 in the long term. It should be noted that the support is established at the level of 1.2307 which represents the 50% Fibonacci retracement level on the H1 chart. The price is likely to form a double bottom in the same […]
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 […]
