Analysis of 3 key signals in Q1 2018’s gold price action… THANKS to Good Friday, this week ends early for gold investors and traders, writes Adrian Ash at BullionVault. Like pretty much all of the Western world’s bond and stock markets, the London gold market – center of the global wholesale trade – […]
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-March 28th 2018 Related Posts:Energy in Focus: […]
This March, XM started a new series of trading seminars in Thailand, the first two event locations of which were Phitsanulok on 17th March and Hat Yai on 24th March. In both Thai cities forex instructor Sompop Jittrakul presented the seminar topic titled The Moving Average Ribbon Technique, with special respect to how this technical […]
Here are the latest developments in global markets: FOREX: The dollar was flat relative to a basket of currencies on Wednesday after adding 0.3% the previous day. Developments on trade were once again on the forefront and are likely to determine the short-term direction in the currency markets. STOCKS: US markets closed significantly lower on […]
It seems that Russian legislation has been looking for the right regulatory approach for cryptocurrencies for a long time. This time, concepts such as “digital money” or “digital rights” appear in the draft new legislation. The new law, apart from tax issues, would also define cryptocurrencies as a subject in matters of inheritance or bankruptcy. […]
Yesterday’s US Dollar rally is not continuing in Asia, but the swing of sentiment continues. USD / JPY managed to recover from 105.30 to 105.60, AUD is slightly stronger, although AUD / USD did not manage to exceed 0.77. The stock market is sunk in red; gold is red as well, but crude oil is […]
The Dollar index made a strong spike up yesterday, but trend remains bearish. Bulls have a lot of work ahead of them in order to change at least short-term trend. Their first obstacle is at 90.20. Red line – resistance trend line Short-term resistance is at 89.63 yesterday’s highs and next is the cloud resistance […]
Gold price as expected has pulled back and got rejected at the resistance area. As explained in our previous analysis, Gold price was expected to move lower towards $1,320-30 area. I believe the pull back has started. Gold price is making lower lows and lower highs and is breaking below the 4-hour kijun-sen (yellow line […]
Technical outlook: The EUR/USD pair rallied past 1.2475 levels before reversing sharply later during the day. If you have kept track of the proceedings this month, we had always presented an alternative scenario since 1.2240/50 levels indicating a probability of an interim lower high below 1.2555 levels before the pair could reverse lower again. The […]
Bitcoin has been quite indecisive recently having a daily candle close with a bullish gain below $8,500 price area. There have been no high impact fundamentals on Bitcoin recently. As a result, the price is now going through a corrective phase with indecision. The Bitcoin market is currently marked with low liquidity and expected to […]
EUR/AUD has been non-volatile with the bullish trend which did not have much deeper pullbacks along the way. Despite having worse economic reports EUR sustained its bullish momentum against AUD which does explain the weakness of AUD in comparison to EUR in the process. Recently EUR German Import Prices report was published with decrease to […]
EUR/GBP has been quite volatile recently having a strong bullish rejection that is creating impulsive bearish pressure today. EUR has been recently struggling amid downbeat economic reports which encouraged GBP to gain further momentum which is expected to continue further. Recently, German Import Prices report was published with a decrease to -0.6% from the previous […]
Morning Report: 07.00 London The dollar index is unchanged this morning and holding yesterday’s gains which came amid news of a confirmed meeting between Trump and North Korea. While the dollar gained, stock markets sold off once more as tech stocks lost favour. The Aussie is making small gains after yesterday’s slump that saw it […]
The dollar dropped slightly following the Consumer Board’s Consumer Confidence data. The data showed that in February, the confidence of consumers declined to 127.7. This was lower from January’s 130 and from the analysts’ forecast of 131. Had the confidence number rose in the month, it would have been the third consecutive month of gains. […]
After a day of significant gains, the dollar lost some of the gains after the Consumer Board released the consumer confidence numbers. The data disappointed. According to the board, the United States’ consumer confidence declined in February to 127.7 down from last month’s 130 and the expected 131. The new decline reflected a scenario where […]
For the second time this year, XM will attend the Money Show Financial Exhibition in Greece, this time in Thessaloniki due to be held on 27, 28 and 29 April. The three-day event series, to which we cordially invite all our existing and new clients to meet with us in person, will take place on […]
AUDUSD has been making lower highs and lower lows since the end of January when it touched a more than a 2 ½ -year high of 0.8135, pausing this downtrend at 3-month lows over the past week. The technical indicators, though, continue to send bearish signals, suggesting that the softness in the market is not […]
US GDP will be released later today, with analysts waiting to see if the figure confirms the strength seen over the last two quarters. The expectation is for an increase but looking over the trend longer-term shows that the US economy has been ticking along above 2% since the financial crisis. The recent risk-off mood […]
USD/JPY is expected to trade with a bullish outlook. The pair continues a rebound initiated from a low of 105.29 seen overnight (March 27). Currently, it has returned to the levels above both the 20-period and 50-period moving averages, as the relative strength index is well directed above the neutrality level of 50 calling for […]
USD/CHF is under pressure and expected to remain below the key resistance at 0.9510. The pair is heading downward towards 0.9440, representing the intraday horizontal support. The relative strength index has broken below its neutrality area at 50, and is showing strong downward momentum. Hence, as long as 0.9510 holds on the upside, look for […]
https://pepperstone.com/en/forex-news/market-review -FX markets quiet overnight. -A poor week so far for BTC & ETH. -US Tech stocks fall -3% and take Asian indices lower too. -NKs leader in secret China talks. -SK’s GDP shrinks in Q4 but grows YoY. -The evolution of US Q1 18 GDP forecasts. The overnight changes and price moves to be […]
When the European market opens, some Economic Data will be released such as Italian 10-y Bond Auction and German GfK Consumer Climate. The US will release the Economic Data too, such as Crude Oil Inventories, Pending Home Sales m/m, Prelim Wholesale Inventories m/m, Goods Trade Balance, Final GDP Price Index q/q, and Final GDP q/q, […]
Today Japan will not release any Economic Data, but the US will release some Economic Data such as Crude Oil Inventories, Pending Home Sales m/m, Prelim Wholesale Inventories m/m, Goods Trade Balance, Final GDP Price Index q/q, and Final GDP q/q. So, there is a probability the USD/JPY will move with a low to medium […]
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 […]
Monthly Outlook In January 2015, the EUR/USD pair moved below the major demand levels near 1.2100-1.2200 (multiple previous bottoms set in July 2012 and June 2010). Hence, a long-term bearish target was projected toward 0.9450. In March 2015, EUR/USD bears challenged the monthly demand level around 1.0500, which had been previously reached in August 1997. […]
USDX recovered from Tuesday’s lows and it’s reaching the 200 SMA at the H1 chart, where it can find dynamic resistance in order to resume the bearish structure in the short-term. If that happens, then we might expect a lower continuation towards the support zone of 87.88, while a break above the moving average should […]
GBP/USD plummeted during Tuesday’s session after having found a strong resistance around 1.4225. Currently, the pair is making a rebound above the 200 SMA at the H1 chart and it’s expected to resume the bullish bias in order to go towards the next target at 1.4269. To the downside, the critical support lies at 1.4061. […]
Anssi Uimonen of CloudBounce, a music mastering startup, explains how the company is grabbing the opportunities of blockchain while mitigating the volatility of cryptocurrencies. ► Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 ► Trade cryptocurrencies with IG: https://www.ig.com/uk/cryptocurrency-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 IG empowers informed, decisive, adventurous people to access opportunities in over 15,000 financial […]
WTI oil futures for May delivery look fairly bullish in the 4-hour chart, continuing to trade inside an ascending channel since the mid of March. Yesterday the market touched a two-month high at 66.52, coming closer to break the three-year peak of 66.63 hit around the end of January. Looking at momentum indicators, the RSI has slowed […]
GBPUSD has been quite impulsive with the bearish gains recently which is expected to push the price much lower towards 1.3850-1.3950 support area in the coming days. Ahead of the upcoming GBP Current Account report which is expected to show a deficit of -23.7B from the previous figure of -22.8B and the Final GDP report […]
