Recently, the USD/JPY has been trading upwards. The price tested the level of 106.65. Anyway, according to the 30M time – frame, I found a successful rejection of pivot resistance 1 at the price of 106.60, which is a sign that buying looks risky. I also found a hidden bearish divergence on the stochastic oscillator, […]
While many European countries are looking for stricter rules on cryptocurrencies, Spain wants to follow Switzerland, proposing a friendly legacy for the cryptocurrency market. The People’s Party of Spanish Prime Minister Mariano Rajoy is ready to take full advantage of Blockchain technology. In particular, the conservative party has tax breaks.Teodoro Garcia Egea – legislator preparing […]
Recently, the EUR/USD has been trading downwards. The price tested the level of 1.2405. Anyway, according to the 30M time – frame, I found a fake brreakout of Friday at the price of 1.2393, which is a sign that selling looks risky. I also found a hidden bullish divergence on the stochastic oscillator in the […]
The currency market is more or less where it was left on Friday after a correction before the long weekend. Today, apart from the excluded Chinese market, there is a holiday in the USA and Canada, so liquidity may not be a strong attribute of trade. On Monday 19th of February, the event calendar is […]
Start your trading week right and compare your broker’s price feed with the Dukascopy Spike Controller’s benchmark interbank price data. Euro/Dollar’s long term average spread is point 41 pips and peak separation has been 1.2 pips. A single trend hasn’t formed so far for this pair and the biggest move was a decline of point […]
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-February 19th 2018 Related Posts:Energy in Focus: […]
The precious metal has broken out from its descending wedge around 1331.00 and moved higher to create a lower high at 1361.80.The price then dropped back lower to support at 1344.16. Resistance above can be found at 1361.80 and the January high at 1365.30. A break above this resistance targets 1375.50 and 1389.00 with a […]
Description
Trading plan 02/19/2018 The general picture: A weekend in the US, in the pause markets. Last week, the market was led by two factors: The US market showed a turn to growth after a strong corrective decline. In addition, inflation in the US showed acceleration. On a new week: On Monday, it is a day […]
You’re watching this week’s first Daily Trading Signals. Here’s how the interbank sentiment compares with the technical models at 8 AM GMT. Euro/Dollar’s 1 and 4-hour charts both have 4 red signals. Daily range is led by 4 neutrals, but the close to 29% long interbank sentiment is bullish. The Cable’s short term studies are […]
Breaking Forecast 02/19/2018 EURUSD: Waiting for an exit from the range. Gentlemen, be cautious. On Monday, markets in the US will be closed, trading will be sluggish and “narrow” – it is worthwhile to be cautious. Our buying have gone in these footsteps: they were honest stops, the euro broke through the main levels of […]
Morning Report: 07.00 London This morning, the US dollar continues to recover after a slew of positive data on Friday. Building permits, housing starts, import prices and preliminary UoM consumer sentiment all came in above expectations. The dollar index lifted from near three year lows on Friday and is pushing higher again this morning albeit […]
Overview: The GBP/USD pair opened below the resistance of 1.4055. It continued to move downwards from the level of 1.4055 to the bottom around 1.4015. Today, the first resistance level is seen at 1.4055 followed by 1.4123, while the daily support 1 is seen at 1.3901. Furthermore, the moving average (100) starts signaling a downward […]
Forex Market Reviews: http://thefxlounge.com/#Market-Review -Holidays in China, USA and Canada. -NZD BRL & ZAR are all gainers vs USD. -Eurogroup ministers meet to pick a new ECB VP. -Japan’s Export growth. -China and the US square up over metals. -The rich are different, or at least their assets are. The overnight changes and price moves […]
When the European market opens, some Economic Data will be released such as Eurogroup Meetings, and Current Account. Today, the US will not release any Economic Data, so EUR/USD will move in a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.2482. Strong Resistance:1.2475. Original Resistance: 1.2463. Inner Sell Area: […]
In Asia, Japan will release the Trade Balance, but the US will not release any Economic Data today. So there is a probability that the USD/JPY pair will move with low volatility during the day. TODAY’S TECHNICAL LEVEL: Resistance. 3: 106.68. Resistance. 2: 106.47. Resistance. 1: 106.26. Support. 1: 106.01. Support. 2: 105.81. Support. 3: […]
Price has dropped perfectly as expected and we are now seeing the price testing major resistance once again (channel resistance, horizontal overlap resistance, Fibonacci retracement), and a further drop is expected below this level towards the 0.7318 support (Fibonacci extension). RSI (89) sees a long term descending resistance line holding the bearish momentum in price […]
Price is testing major resistance at 0.7431 (Fibonacci extension, horizontal swing high resistance), and a strong reaction could occur at this level to push the price down towards the 0.7256 support (Fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) is seeing major resistance at 95% where a corresponding reaction could occur. Sell below 0.7431. Stop […]
Positive macroeconomic data allowed the dollar to finally recoup from a prolonged fall caused by panic sell-offs in stock markets. Against the euro, the dollar fell below the psychological level of 1.24, the reason was the increased demand for the dollar after unexpectedly positive data on the housing market for January. The number of new […]
Eurozone The euro feels most confident among the G10 currencies, and the main reason for this confidence is a strong economic base. The eurozone demonstrates high growth rates in production, the trade balance is confidently proficient, and the indices of business activity and consumer confidence are overshooting. The GDP growth rate in 2017 was 2.7%. […]
After selling off relentlessly in early February, U.S. equities stabilized over the past week. Unfortunately the recovery in stocks provided zero relief to the U.S. dollar, which extended its losses against all of the major currencies. The Japanese Yen was the best performer, but EUR/USD hit the biggest milestone rising to its strongest level since […]
After selling off relentlessly in early February, U.S. equities stabilized over the past week. Unfortunately the recovery in stocks provided zero relief to the U.S. dollar, which extended its losses against all of the major currencies. The Japanese Yen was the best performer, but EUR/USD hit the biggest milestone rising to its strongest level since […]
After selling off relentlessly in early February, U.S. equities stabilized over the past week. Unfortunately the recovery in stocks provided zero relief to the U.S. dollar, which extended its losses against all of the major currencies. The Japanese Yen was the best performer, but EUR/USD hit the biggest milestone rising to its strongest level since […]
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-February 18th 2018 Related Posts:Weekly forecast based […]
The quotations of the EUR/USD are testing three-year peaks, but unlike last year, when the tone was set by the euro, in 2018 the successes of “bulls” in the main currency pair are due to the weakness of the US dollar. At first glance, it seems sales were surprising. The yield of 10-year US Treasuries […]
GBPJPY has been indecisive since its plunge to a 2 ½-month low of 147.95 on Wednesday, moving sideways between 149-150. The market, however, lacks positive sentiment as technical indicators suggest that a move to the downside is a more likely outcome in the near future. The Relative strength index (RSI) seems to be gathering negative momentum […]
Global equity indices have largely rebounded after their recent slide. The Dow Jones and the S&P 500 have already recovered more than half of their losses. While stock markets may well be headed for new highs, the sustained surge in US Treasury yields should give investors pause for thought, as fresh records in equities could […]
Japanese trade data for the month of January are scheduled for release on Sunday at 2350 GMT. Exports are projected to grow for the 14th consecutive month on a yearly basis and imports for the 13th. Yen pairs will be gathering attention as the data go public, though – especially as of late – those […]
This week, the global markets stabilized following the panic that ensued following the release of inflation data from the United States. The US stock market has had five days of straight gains despite data showing that inflation was returning. The Dow, S&P,and the NASDAQ have each gained by more than five percent. As the stocks […]
Market sentiment is the attitude of investors and the emotion of the market be it bullish or bearish. Fear, excitement, impulse. They say markets buy on rumors and sell on news. Find out why. Join easyMarkets’ Senior Global Strategist James Trescothick in his interactive webinar, where he will look at how to gauge market sentiment […]
