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 26th 2018 Related Posts:Analysis of EUR/USD. […]
Here are the latest developments in global markets: FOREX: The dollar was little changed versus a basket of currencies on Monday after previously recording a one-month low and coming under pressure versus the yen, with dollar/yen hitting a fresh 16-month low. The pair later recovered though to trade higher on the day. STOCKS: US markets […]
The Dollar index as expected made a new lower low as trend remains bearish in short- and medium-term trend. As long as price is below 90, I still foresee any bounce in the index as selling opportunity for a move below 88. Red lines – triangle pattern The Dollar index is trading below the Ichimoku […]
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. […]
For decades, even before becoming a politician, Donald Trump talked about trade and the ways other countries were treating the United States. He argued that countries like Japan, South Korea, and China were taking advantage of the country. He also argued that European countries formed the European Union to match the strength of the United […]
Silver is often called the poor cousin to gold. Like gold, silver is found deep inside the earth’s crust and is often mined by large mining companies. The difference between the two is its usage. While gold is usually bought as an investment, silver is bought for its industrial uses. Companies buy silver to produce […]
EURUSD closed higher in Friday’s trading but maintained in a range between 1.2150-1.2450 started at the end of February, with technical indicators suggesting that the sideways pattern might continue for a while. Looking at momentum indicators, the RSI is pointing to the upside, giving some positive signals for the short-term, though, the index has not […]
The Gold price has stuck again at the long-term resistance of $1,350-60. The price shows rejection signs as expected. Bulls should be very careful as we could see another pullback towards $1,300-$1,310 before the next move higher. Blue lines – sideways channel The Gold price is trading above the Ichimoku cloud in the 4-hour chart. […]
In July 2017, an atypical Head and Shoulders pattern was expressed on the depicted chart which indicated an upcoming bearish reversal. As expected, the price level of 0.7050 failed to offer enough bullish support for the NZD/USD pair. That’s why the further bearish decline was expected towards 0.6800 (Reversal pattern bearish target). Evident signs of […]
Morning Report: 07.00 London This morning, the Japanese yen continues to flirt with 17 months highs as it continues as the currency of choice amid the trade war turbulence. The USD/JPY is unchanged after consistent losses last week. Other yen pairs have lifted slightly higher, with the AUD/JPY lead up, up 0.50%. The AUD/USD has […]
The US and South Korea have reached agreement on a Trade deal that comes with the added bonus for South Korea of a permanent exemption from Steel Tariffs imposed by the US. The arrangement is to allow South Korea to export up to 2.68 million tons of steel to the US each year, equivalent to […]
EUR/JPY The conditions in the market is quite choppy. Although the market is choppy, the bearish trend has been maintained.Price has been going southward since February 5, having lost almost 800 pips since then. Last week, there was a rally attempt in the context of an uptrend, which was halted once the supply zone at […]
USD/JPY The USD/JPY has been going southwards. The pair traded southwards last week, to corroborate the presence of bears. Since January 8, 2018, price has lost 830 pips. Last week, it lost 170 pips, after testing the supply level at 106.50. Since there is a huge Bearish Confirmation Pattern in the market, the price can […]
USD/CHF The USD/CHF pair may assume a directional movement this week. In the short-term, this pair is bullish. Since the support level at 0.9200 was tested on February 16, 2018, the price rallied by over 350 pips, moving briefly above the resistance level at 0.9550. The market has been corrected lower since then, closing below […]
Price is approaching major resistance at 0.7277 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance), and a strong reaction could occur at this level to push the prices down to the 0.7203 support (Fibonacci retracement, horizontal swing low support). Stochastic (89,5,3) is seeing bearish divergence along with major resistance at 93% signalling that a reversal […]
Price is testing major resistance at 1.2373 (Fibonacci retracement, Fibonacci extension, descending resistance, swing high resistance), and a strong reaction could occur at this level to push the prices down to support at 1.2295 (Fibonacci retracement, horizontal overlap support). Stochastic (55,5,3) is seeing major resistance at 97% where a corresponding reaction could occur. Sell below […]
https://pepperstone.com/en/forex-news/market-review -JPY hits a 17 month high vs USD. -CAD and ZAR rally vs USD despite trade concerns. -Reports of Korean tariff concessions offer a glimmer of hope. -China launches its own Oil contracts. -Just what is a foreign import in the modern world? The overnight changes and price moves to be aware of by […]
Three central bank rate decisions and a long list of important data were completely overshadowed by trade tensions this past week. Nothing mattered more than the U.S.’ tariffs on Chinese imports and China’s retaliatory measures. The world’s two largest economies are officially in a trade war and they have the power to do serious damage […]
Three central bank rate decisions and a long list of important data were completely overshadowed by trade tensions this past week. Nothing mattered more than the U.S.’ tariffs on Chinese imports and China’s retaliatory measures. The world’s two largest economies are officially in a trade war and they have the power to do serious damage […]
Three central bank rate decisions and a long list of important data were completely overshadowed by trade tensions this past week. Nothing mattered more than the U.S.’ tariffs on Chinese imports and China’s retaliatory measures. The world’s two largest economies are officially in a trade war and they have the power to do serious damage […]
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 Weekly financial news by- Binary.com-March 25th 2018 Related Posts:Weekly forecast based […]
When the European market opens, no economic data will be released from the euro zone, but the US will deliver several macroeconomic reports such as New Home Sales, Durable Goods Orders m/m, and Core Durable Goods Orders m/m. Amid these reports, EUR/USD will move in a low to medium volatility during this day. TODAY’S TECHNICAL […]
In Asia, Japan will release the National Core CPI y/y data and the US will publish also some economic reports such as New Home Sales, Durable Goods Orders m/m, and Core Durable Goods Orders m/m. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY’S TECHNICAL […]
As expected, the range for the federal funds rate was raised by 25 bp to 1.50-1.75%. In the statement, the Fed pointed out that the risks for the economy remain balanced. Importantly, the economic outlook has improved over the past months and inflation will continue to be monitored. Further gradual interest rate increases are expected. […]
Yesterday, Trump signed a memorandum imposing customs duty on imports of goods worth 50 billion USD from China, which the US suspects to have arisen from the theft of intellectual patents from the US. China did not remain indebted and announced the introduction of duties on imports of some US goods for around $ 3 […]
Recently, Gold has been trading upwards. The price tested the level of $1,346.97. According to the 30M time – frame, I found a breakout of yesterday’s high in the background, which is a sign that buyers are in control. I also found a successful rejection of the upward trendline, which is another sign of strength. […]
Bladetec, a British supplier of computer hardware, recently revealed plans to build a Bitcoin farm in the south-east of Great Britain. The project called “Third Bladetec Bitcoin Mining Company Ltd (TBBMC)” aims to raise 10 million pounds or about 13.9 million dollars from investors for building and running a farm in the next two to […]
Over the night the US Dollar was losing after the information was released that national security adviser McMaster was leaving the White House. In addition, China imposes tariffs on the US in retaliation for Trump’s decision yesterday. The customs war struck the sentiment on the stock market. Japanese Nikkei fell 4.51%, in China Shanghai Composite […]
Recently, the EUR/JPY has been trading upwards. The price tested the level of 129.80. According to the 30M time – frame, I found breakout of the trading range in the background, which is a sign that buyers are in control. I also found a hidden bullish divergence on the RSI oscillator, which is another sign […]
The Japan 225 stock index had a rough ride in recent days, extending negative momentum towards a five-month low of 20,507 during today’s Asian session. While the index’s range-bound trading started in early February remains very much in place, technical indicators point to further downside movements in the short-term, but such moves may soon lose steam given that the […]
