Want to learn how to identify some of the best trading opportunities during the Asian session? Join internationally recognised market expert Kathy Lien as she shares her strategies in day trading during these hours. For more trading strategies: https://pepperstone.com/en/client-resources/trading-guides Related Posts:USD/JPY: Simple trading tips for novice traders on April… April 16, 2024 Trade Analysis and […]
Wednesday promises to be an eventful day for the dollar, with US CPI data for March and the minutes from the latest FOMC meeting likely to trigger renewed volatility in the world’s reserve currency. While a potential acceleration in inflation and a confident tone in the minutes could help the greenback recover a little, numerous […]
The pound was one of the best performing currencies against the US dollar in the first three months of 2018. But as the British currency basks in the growing optimism about the prospect of a favourable post-Brexit trade deal with the European Union, the renewed strength may not be good news for UK exporters, with […]
Investors entered Tuesday’s trading session with a renewed appetite for risk thanks to President Xi Jinping. Easing trade war fears supported global equity markets while punishing safe-haven assets like Gold and the Yen. Optimism over China and US eventually finding a middle ground on trade could continue supporting risk sentiment. In the foreign exchange arena, […]
Dukascopy Forex TV Team is back with the Economic Calendar where we’ll take a look at the potential FX market movers scheduled on Wednesday. A couple of UK publications for February open this agenda at 8:30 in the morning and Trade Balance is one of them. The total UK trade, including both goods and services […]
Low interest from investors continues to put pressure on the crypto market. According to CoinMarketCap, Bitcoin has lost 5.5% in the last 24 hours and is currently trading near $6,700. The “benchmark” cryptocurrency has been keeping within the $6,500 – $7,100 range. The news that George Soros, the Rothschilds and other financial moguls have an […]
NZDJPY has advanced considerably over the last couple of hours and surged towards the 38.2% Fibonacci retracement level around 78.70 of the downleg from the high of 83.90 to the low of 75.50. When looking at the longer-term picture the price has been developing within a descending tendency since the end of July 2017. Momentum indicators are […]
Recently, the USD/JPY pair has been trading sideways at the price of 106.98. According to the 4H time frame, I found that price rejected from the support (Fibonacci expansion 161.8%) at the level of 106.66, which is a sign that selling looks risky. I also found a hidden bullish divergence on the stochastic oscillator, which […]
Bitcoin is still quite non-volatile with the bearish pressure recently. The price is expected to proceed lower towards $5,000-$5,500 price area. The impulsive bearish price action with confluence to the dynamic level of 20 EMA and Tenkan line is currently indicating further bearish pressure that will lead to much lower price action in the coming […]
It’s time for the midday snapshot, where we assess the performance of the traders until 12pm GMT this tuesday. We start with the EUR/USD which has risen by 75 pips so far and the overall price movement has gone sharply up leaving the pair point 32% in the green at midday. Sentiment is neutral at […]
The much-anticipated speech delivered by Chinese President Xi Jinping at the Boao Forum for Asia earlier today sent the Australian Dollar sharply higher. Mr Xi made no direct reference to the trade dispute with President Donald Trump and said China’s markets will be opened further, with improved conditions for foreign companies. He also talked about […]
Here are the latest developments in global markets: FOREX: Investors continued to digest encouraging comments by the Chinese President, Xi Jinping, during the early European afternoon, driving the Chinese-linked currencies such as the kiwi and the aussie even higher. The gains appeared after Xi backed free trade and pledged to limit import tariffs, while his […]
EUR/JPY The market is bullish in the short term. There is a slow and gradual bullish movement in the market, which means the supply zones at 132.00, 132.50 and 133.50 would be tested before the end of this week. The bullish bias would become stronger as more and more buyers get into the markets. The […]
USD/JPY The USD/JPY pair is bearish in the long term, and bullish in the short term. Much did not happen on Monday, but a directional movement is anticipated, which would result in either a Bullish Confirmation Pattern, or a Bearish Confirmation Pattern, especially in the 4-hour chart. A rise in volatility is in the offing. […]
USD/CHF The market has continued coming downwards – a move that was started last Friday. The downwards movement is becoming serious and a threat to the recent short-term bullishness in the market. A movement below the support level at 0.9500 will result in a bearish bias, which means the market will move further southwards. On […]
It may seem that Monday will not be a particularly exciting trading day as there were basically two important readings: Germany’s foreign trade for February (exports and imports were clearly disappointing) and the Sentix index for the Euro Zone. This slightly disappeared from the forecasts as it dropped from 24 points not to 20.3 points, […]
During a speech at the Boao economic forum (Chinese Davos), President Xi announced the further opening of the Chinese economy and the reduction of some import duties with the specification of cars. Xi added that China does not strive to maintain a trade surplus, but is more interested in providing competitive products for the Chinese […]
The Germany 30 index has advanced considerably after hitting a two-month low of 11,703.80 on March 26 and coming close to the more than one-year trough of 11,691.60 recorded in early February. Earlier on Tuesday, the index posted a near four-week high of 12,428.30. In terms of the short-term picture, the Tenkan-sen line has just […]
Overview: The NZD/USD pair continues to move upwards from the level of 0.7294. The pair rose from the level of 0.7294 to a top around 0.7340. Today, the first resistance level is seen at 0.7375 followed by 0.7436, while daily support 1 is seen at 0.7294 (50% Fibonacci retracement). According to the previous events, the […]
It is time to check that you are getting the correct price feed from your broker by watching the Dukascopy Spike Controller Let’s begin with Euro Dollar. The pair has a daily average spread of point 33 pips and a maximum spread of point 7 pips. The high and low difference for this pair is […]
WTI crude oil futures have come under renewed buying interest, rising back above the 64.00 strong psychological level. After the significant rebound on the 61.77 support, the price reversed and is trying to pare some of the previous week’s losses. Oil prices jumped to a new one-week high and challenged the 64.35 price level during […]
Overview: The USD/CHF pair continues to move downwards from the level of 0.9602. Yesterday, the pair dropped from the level of 0.9602 to the bottom around the spot of 0.9540 – 0.9560. Today, the first support level is seen at 0.9540, the price is moving in a bearish channel now. Furthermore, the price has been […]
The GBPUSD pair is breaking higher today, after managing to close above the 1.41000 level yesterday. This move gives long positions a bit of confidence, with the falling blue trend line at 1.42162 the main obstacle on the way to the high of 1.43450. There is also a band of resistance between the 1.42445 and […]
China’s National Bureau of Statistics will publish inflation data on Wednesday consisting of the consumer and producer price indices. While both the CPI and PPI rates are expected to moderate in March, investors will be wary of any unexpected weakness in price pressures in the world’s second largest economy amid an escalating trade spat with […]
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 […]
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 […]
Good morning it is the second day of the trading week and time for the daily trading signals brought to you by the dukascopy tv team. We begin with the Euro Dollar which has mixed signals in the 1-hour scale the mid-term shifts to bullish with 5 buy signals but the daily scale has 5 […]
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 10th 2018 Related Posts:EUR/USD: trading plan […]
The China A50 stock index (CHI50) did little to gain ground after it hit a 5 ½-month low of 12,269 at the end of March, with the index posting moderate moves since then to create a base around that trough. The market is currently trying to surpass its 200-day simple moving average and the technical indicators are […]
Here are the latest developments in global markets: FOREX: The US dollar index, which tracks the greenback’s performance against a basket of six major currencies, was practically unchanged on Tuesday. Against the yen, the dollar was nearly 0.4% higher though, after some comments from Chinese President Xi Jinping boosted risk appetite, curbing demand for the safe-haven […]
