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 […]
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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: […]
Eurozone The euro area continues to publish indicators indicating a gradual slowdown in growth. Industrial production in February fell by 0.8% compared to January, year on year growth was 2.9%, both indicators were significantly lower than forecasts. On Monday, the Sentix group published the result of the next investor confidence survey, the indicator for the […]
Jeremy Naylor is joined by Angelos Damaskos, Junior Gold Fund, to discuss the price of gold and the developments in geo-political relations driving its rise. ► Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 ► Learn more: https://www.ig.com/uk/commodities/precious-metals-trading/gold-trading Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB We provide fast and flexible access to over 10,000 financial markets – including indices, […]
Jeremy Naylor is joined by Angelos Damaskos, Junior Oils Trust, to discuss the increasing price of oil, the reasons for this, as well as focusing on the significance of the OPEC monthly report. ► Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 ► Learn more: https://www.ig.com/uk/commodities/oil/how-to-trade-oil Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB We provide fast and flexible access […]
Banking giants JPMorgan Chase, Citigroup and Wells Fargo will all be releasing Q1 2018 earnings reports before Wall Street’s opening bell on Friday. At the moment, the consensus recommendation for the former two is “buy” – in line with the average recommendation for the Banks peer group – while Wall Street analysts assign, on average, […]
Geopolitical jitters returned with a vengeance in recent days, with rising tensions between the US and Russia over Syria triggering a flight to safety and increasing demand for assets like gold. While a further escalation in the situation could push gold prices higher in the near-term, it’s crucial to note that in recent years, such […]
Yesterday, the Labor department released the consumer prices data for the month of March. The data showed that consumer prices eased during the month, with gasoline being the main contributor. The data showed that consumer prices dropped by 0.1%. This was the first and largest drop in consumer prices since May 2017. This was against […]
Brent crude oil futures surged on Wednesday, hitting a fresh more three-year high of 73.07. The oil completed the third green day in a row yesterday, however, it ended the day well below its peak. Today, the price is heading lower, suggesting a potential bearish correction of the sharp buying interest. In the 4-hour chart, the technical […]
The Bitcoin (BTC) has been trading upwards. As I expected, the price tested the level of $7.995. The largest bank in the United States, JP Morgan Chase, has found itself the subject of a federal class action lawsuit this week. The complaint alleges that after hindering customers from buying cryptocurrencies, the bank has charged enthusiasts […]
It’s time for the Midday Snapshot where we assess the performance of the traders until 12pm gmt on this thursday. First up is the EUR/USD which has been dropping throughout the day and a drop of 60 pips leaves it standing point 41% in the red at midday. Sentiment is neutral at 3% long and […]
The New Zealand Dollar (NZD) broke higher on Tuesday, as China seemed to calm down trade war rhetoric with the U.S. It could be argued that President Trump is now pre-occupied with geopolitical issues involving Russia and Syria. Chinese President Xi Jinping delivered a speech at the Boao Forum for Asia earlier this week and […]
GOLD PRICES slipped on Thursday in London, retreating further from yesterday’s 2.5-month high against the Dollar after the US Federal Reserve forecast stronger interest-rate rises ahead and US President Donald Trump dialled down his threat to hit Russia’s ally Syria with airstrikes. “Never said when an attack on Syria would take place. Could be […]
