The fall of the ruble can only worsen

The Russian ruble returned to a decline. The currency lost significant support due to the end of the tax period when exporters are expected to sell part of the forex earnings to the domestic market. The weakening of ruble is takes place in the wake of recovering oil prices. This confirms the theory that the […]

Stock Trkr
29.06.2017 – Support and Resistance by Dukascopy

This is the Support and Resistance Level Report for Thursday. Here’s how our in-house model tests out. Euro/Dollar has held the ground it gained yesterday, standing between R1 of 1 1430 and S1 of 1 1370. Standing at a 12 month high, R1 sees 3 confirmations, while R2 is a psychological level with 2 studies. […]

Stock Trkr
Why did the Euro Drastically Decline?

Today’s fundamental data for the euro zone supported the euro in the first half of the day, but it failed to break through the significant resistance level 1.1380. Data from the national statistics agency Insee showed that the index of consumer confidence in France in June this year grew much stronger than projected. According to […]

Stock Trkr
Elliott wave analysis of EUR/NZD for June 29, 2017

Wave summary: The rally of the 1.5215 low is clearly impulsive and it should just be a matter of time before the next impulsive rally higher towards 1.5931 and 1.6252 is seen. Longer term, we are looking for a clear break above resistance at 1.6252 to confirm continuation higher towards 1.6759 and above. R3: 1.5931 […]

Stock Trkr
Elliott wave analysis of EUR/JPY for June 29, 2017

Wave summary: EUR/JPY continues to rally nicely and followed the expected path almost to perfection. The rally in wave iii has reached its minimum target and could be topping near 128.14 for a short-term correction close to 126.80 before higher again in wave v towards 133.34. That said, we would prefer to see wave v/ […]

Stock Trkr
Trading plan for the US session on June 28 EUR/USD and GBP/USD

EUR/USD For long positions on EUR/USD: The euro is still capped at 1.1378 and several attempts to rise above that level have not yet led to success. In the afternoon, another attempt to continue the upward movement may be made, and the consolidation to 1.1378 would be a good signal to buy the euro in […]

Stock Trkr
The technical picture of the EURUSD on a "Regression Channel" for June 28, 2017

4-hour timeframe Technical data: The major channel of linear regression: direction – up. The minor channel of linear regression: direction – down. The moving average (20; flattened) is up. SCI: 194.5268 Explanations: During trading session on June 28, the EUR / USD pair continued to gain strength as it moves higher, however, there is no […]

Stock Trkr
Драги удивил рынок

Вчера произошло ровно то, что и должно было произойти при первом же намеке на реальное ужесточение монетарной политики ЕЦБ. В ходе своего выступления Марио Драги заявил, что экономика начинает восстанавливаться, а инвестиции расти, что является хорошим фундаментом для нормализации монетарной политики. И это все при том, что еще недавно глава ЕЦБ заявлял о том, что […]

Stock Trkr
Technical analysis of NZD/USD for June 29, 2017

Overview: The NZD/USD pair still moves around the spot of 0.7250 and 0.7343. The NZD/USD pair didn’t make any significant movements yesterday. There are no changes in our technical outlook. Hence, it should be noted that the support is established at the level of 0.7205 which represents the daily pivot point. The NZD/USD pair is […]

Stock Trkr
Technical analysis of USD/CHF for June 29, 2017

Overview: The USD/CHF pair continues moving downwards from the level of 0.9701. Yesterday, the pair dropped from the level of 0.9701(this level of 0.9701 coincides with the ratio of 61.8% Fibonacci retracement) to the bottom around 0.9591. Today, the first resistance level is seen at 0.9660 followed by 0.9701, while daily support 1 is seen […]

Stock Trkr
Unexpected Optimism from Mario Draghi Boosts Euro

Today’s speech by European Central Bank President Mario Draghi was received by the market rather positively, and the break technical resistance in the pair EURUSD 1.1200-1.1210 caused the elimination of a number of stop orders of major players, which led to the appreciation of the European currency. So what interesting did Mario Draghi say? Despite […]

Stock Trkr
Will Japanese Stocks Continue to Defy the Short-Sellers?

http://www.elliottwave.com/Investor-Research/Asian-Pacific-Financial-Forecast-Service?tcn=ytv1703 The patterns of investor psychology are the same the world over, and have repeated throughout financial history. Let’s look at stocks in the U.S. and Japan, then and now, and see if we can find similarities. Learn How the Wave Principle Can Improve Your Trading Related Posts:Daily Market Comment – Stocks resume climb after […]

Stock Trkr
Daily analysis of USDX for June 29, 2017

USDX is accelerating the downside and it looks can reach the support zone of 95.77 in coming hours. If the index manages to consolidate its price action below 95.77, then it’s likely to test the support area of 95.10. However, we expect a recovery to take place, focusing on the resistance zone of 96.77, which […]

Stock Trkr
Daily analysis of GBP/USD for June 29, 2017

GBP/USD had another bullish wave the helped to test the resistance zone of 1.2940, at which the pair is hovering currently. It needs to break above 1.2940 in order to post another high, targeting the resistance level of 1.3011. To the downside, if Cable retraces back below 1.2855, it can re-test the 200 SMA at […]

Stock Trkr
Oil’s Bear Market: The Sell-off You Could Have Seen Coming

Get more financial insights like these — 100% free. Just follow this link: http://www.elliottwave.com/wave/etv2016. Learn How the Wave Principle Can Improve Your Trading Related Posts:Trading Signal for GBP/USD for June 9-12, 2023: sell below… June 9, 2023 Early in the American session, the British Pound (GBP/USD) is…Video market update for June 09, 2023 June 9, […]

Stock Trkr
28.06.2017 – Movers and Shakers by Dukascopy

Draghi, Carney, Kuroda and Poloz are all speaking on policy at the moment and that’s as exciting as it can get for an FX trader, so let’s see where the 8 majors trade. Panel has definitely shaken up the Cable, which is the mover of the day with a gain of 1.15%, which was posted […]

Stock Trkr
NZD/USD on major support, time to start buying

We are seeing price test a key support level at 0.7264 (Fibonacci retracement, horizontal overlap support) and the plan is to play the bounce up to 0.7317 resistance (Fibonacci extension, horizontal swing high resistance, bearish price action). RSI (34) sees an ascending support line holding up price really well. We remain bullish as it is […]

Stock Trkr
AUD/USD on major support, time to start buying

Price is seeing major support above 0.7578 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level for a rise all the way up to 0.7631 resistance (Fibonacci extension, horizontal swing high resistance). Stochastic (21,5,3) I seeing strong support above 8.3% where we expect it to bounce correspondingly with price. […]

Stock Trkr
Technical analysis of USD/JPY for June 28, 2017

Our both targets which we predicted for USD/JPY in the analysis from 26th June have been hit. The pair is expected to continue its upside movement. Although the pair retreated from 112.45 (the high of June 27), a support base at 112.00 has been formed and has allowed for a temporary stabilization. The rising 20-period […]

Stock Trkr
Technical analysis of GBP/JPY for June 28, 2017

All our targets which we predicted for the GBP/JPY pair have been hit. Our forecasts for GBP/USD have been true since the 1st June. The pair is still holding on the upside. The upward momentum is further reinforced by the rising 20-period and 50-period moving averages. The relative strength index is mixed with a bullish […]

Stock Trkr
29.06.2017 – Economic Calendar by Dukascopy

Thursday is a busy day with plenty of market movers, so let’s take a closer look. Starting things off at 6 AM is the German GfK Consumer Confidence for July. The Index inched even higher in June as consumers remain optimistic about their own income and economic growth. UK Mortgage Approvals for May follow at […]

Stock Trkr
Brexit Update: Divorce Procedure Underway

Brexit Talks Begin and Market Braces for Uncertainty Official talks between the United Kingdom and Europe over Brexit plans have begun. But instead of negotiating from a position of strength, Theresa May’s Conservatives found themselves on the backfoot after a disastrous election just a few weeks earlier. Is it time to ditch hard Brexit plans? […]

Stock Trkr
28.06.2017 – Midday Snapshot by Dukascopy

Midpoint of Wednesday has been reached, meaning it’s time for the latest Midday Snapshot brought to you by the Dukascopy Forex TV Team. Euro/Dollar has been slowly trending higher to trade point 33% in the green at noon. The pair has attracted 46% more than typical funds and sentiment of the traders is neutral, 1% […]

Stock Trkr
GBP/USD analysis for June 28, 2017

Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.2861 in an ultra high volume. According to the 30M time frame, I found a buying climax in the background, which is a strong sign of weakness. My advice is to watch today for selling opportunities. The downward targets are set […]

Stock Trkr
EUR/USD analysis for June 28, 2017

Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1388 in a ultra high volume. According to the 30M time frame, I found a successful test of supply in a low volume, which is a sign that the price is heading for higher levels. My advice is to watch for […]

Stock Trkr
28.06.2017 – Spike Controller by Dukascopy

Find out what have been the maximum and average spread levels for the 3 non-cross majors during the last 24 hours by watching the primary Dukascopy Spike Controller. Euro/Dollar’s spreads have averaged at point 31 pips in the long term, peaking at 3.4 pips. Last 24 hours have been bullish for the single currency, the […]

Stock Trkr
Daily financial news by- Binary.com- June 28th, 2017

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- June 28th, 2017 Related Posts:EURUSD position […]

Stock Trkr
Global macro overview for 28/06/2017

Global macro overview for 28/06/2017: The FOMC policy members were less hawkish yesterday than anticipated, so the dollar index was sliding down. Markets ignored yesterday’s higher-than-expected Conference Board consumer confidence index and Richmond Fed index data. In turn, Janet Yellen’s speech did nothing new except reiteration of the same statements from the June FOMC meeting. […]

Stock Trkr
Technical Analysis: 28/06/2017 – EURGBP looking more bullish after hitting 7½-month high

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:Technical analysis of EUR/USD for July 05, 2023 July 5, 2023 Overview :The EUR/USD pair dropped […]

Stock Trkr
28.06.2017 – Trading Signals by Dukascopy

Good morning traders, you’re watching the Dukascopy Primary Daily Trading Signals for Wednesday. Bullish signals prevail across the chart for the Euro/Dollar, which sees 5 buy prompts in the short-term, 6 in the mid-term and no less than 8 in the long-term, and they indeed are very much in line with the interbank, which stands […]

Stock Trkr