Monthly Outlook In January 2015, the EUR/USD pair moved below the major demand levels near 1.2050-1.2100 (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. […]
Here’s how traders have managed to work out the rate movements during the morning session on this Thursday. Euro/Dollar recovered after decline and a slight gain was posted at 12 o’clock. Traded volume is average and neutral sentiment of the traders is 8% long. Decline was followed by a rise, so both sides have had […]
GOLD PRICES fell back below $1340 per ounce in London’s wholesale trade Thursday despite the US Dollar slipping again on the currency market after the Federal Reserve’s “no change” decision on interest rates overnight. Janet Yellen’s final meeting as Fed chair saw policymakers at the US central bank signal they’re on track to take […]
Here are the latest developments in global markets: FOREX: Dollar/yen stretched towards a one-week high of 109.74 (+0.51%) during early European trading after the FOMC statement highlighted yesterday that the US inflation is expected to “move up this year”. However, the dollar index inched down to 89.00, remaining near 3-year lows, on the face of a strengthening euro and […]
Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.2478. Anyway, according to the 30M time – frame, I found a potential head and shoulders pattern in creation, which is a sign that buying looks risky. I also found a successful rejection of reistance at the price of 1.2450, which […]
Overview: The USD/CHF pair is still moving in downwards from the level of 0.9377. The price of 0.9377 represents the first resistance on the H1 chart. The pair fell from the level of 0.9377 to the bottom around 0.9393. Today, the first resistance level is seen at 0.9377 followed by 0.9432, while daily support is […]
Overview: The NZD/USD pair will continue rising from the level of 0.7305 in the long term. It should be noted that the support is established at the level of 0.7305 which represents the daily pivot point on the H4 chart. The price is likely to form a double bottom in the same time frame. Accordingly, […]
Recently, the GBP/USD has been trading upwards. The price tested the level of 1.4274. Anyway, according to the 30M time – frame, I found a successful rejection of upper diagonal (resistance), which is a sign that buying looks risky. I also found a hidden bearrish divergence on the stochastic oscillator, which is another sign of […]
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 01st 2018 Related Posts:Energy in Focus: […]
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 01st 2018 Related Posts:Energy in Focus: […]
Europa Oil & Gas CEO Hugh Mackay explains the decision at the company to make an appeal against the most recent decision by planning authorities to oppose the extraction of oil at its conventional well in Lincolnshire. ► Learn more about IG: https://www.ig.com ► Subscribe: https://www.youtube.com/IGIndexSpreadBetting 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 […]
The Australian dollar eased on Thursday following weaker-than-expected economic data. The Australian Dollar took an initial knock on Wednesday on news of tepid consumer price data, which came in at 0.6% compared to an expectation of 0.7%. This showed that a relatively strong economy has yet to translate into significantly higher inflation. The Reserve Bank […]
After the financial crisis of 2008/9, the financial markets around the world have seen tremendous growth. Consider the 5-year chart below of the major global indices. As seen, the NASDAQ has led the way, gaining by more than 150% while the FTSI 100 has been the laggard, gaining by just 18%. This is attributed to […]
Even as US data continues to point to an upside risk to growth this year, the dollar has had a terrible start to 2018, falling by around 3.5% against a basket of currencies. A convincing sign that labour shortages are finally starting to push up wages could be the catalyst investors need to price in […]
Bitcoin (BTC) has been trading downwards. The price tested the level of $9.480. Venezuela’s oil-backed cryptocurrency, the petro, is a step closer to reality following the release of the official whitepaper. The eagerly anticipated document outlines the token model and crowdsale mechanism that will be used to launch the ethereum-based project in February. Having been […]
EUR/USD: The movement on the EUR/USD pair is now flat – although in the context of an uptrend. Momentum would soon return to the market, and based on what the market is doing, bulls would be favored when volatility rises. The resistance lines at 1.2450, 1.2500 and 1.2550 might be reached before this week runs […]
Dukascopy Forex News Team is back with the Spike Controller for Thursday. Euro/Dollar’s long term average and maximum spreads are point 33 and 3.3 pips respectively. The pair declined by a total of point 72% or 90 pips before bouncing back from the low of 1 2385. As usual, spreads were slightly bumpy during the […]
Eurozone The euro has been under pressure since the beginning of the week, because even the background of weak dollar published macroeconomic data looked unexpectedly weak. The preliminary data on eurozone GDP in the fourth quarter reached 2.6%, slightly lower than the forecast of 2.7%. The entire package of economic activity indexes in January from […]
Facebook has updated its advertising policy by announcing that it prohibits advertisements using “deceptive promotional practices” that, according to the social media platform, include cryptocurrency and ICO advertising. “Misleading or deceptive advertising has no place on Facebook. We have created a new rule that prohibits advertising that promotes financial products and services, often associated with […]
The US Dollar finds support from a slightly hawkish FOMC message, because the March interest rate hike remains in play. EUR/USD is stable at 1.24. The equity market revolves around reference levels. Oil remains high after yesterday’s rebound.The stock market in Asia seems lost without an indicated direction on Wall Street. Nikkei 225 managed to […]
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:Weekly Forex Outlook: 14/04/2024 – US GDP and BoJ decision… April 19, 2024 US GDP, core […]
Natural Gas Could Head Lower. Natural Gas is one of the most important commodities today. In the United States, the Clean Power Plan led to a decrease in demand for coal, which used to play the core role in power generation. These power companies moved to the readily available natural gas. Because of the widespread […]
Bitcoin has been everywhere for the past six months – it even had a Big Bang Theory episode dedicated to it. That isn’t an insignificant fact either if you consider B.B.T. is the most-watched and top-rated scripted show on air. The problem is, now that everyone is watching, it seems that bitcoin’s bubble may have […]
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 – EURCHF ticks up after strong losses April 16, 2024 EURCHF remains beneath uptrend […]
Here are the latest developments in global markets: FOREX: The dollar index traded 0.2% higher on Thursday, recovering some of its recent losses, buoyed by the Fed’s slightly more hawkish tone on the US economic outlook upon completion of its two-day meeting on monetary policy. STOCKS: Japanese markets skyrocketed, with the Nikkei 225 moving 1.7% higher […]
The Dollar index remains in a bearish trend. Price is bouncing today. Price remains above the recent low but below the short-term (4 hour) Kumo (cloud). As long as price is below 89.60-89.80 trend is bearish and bears are in control. Black rectangle – short-term resistance Red lines – bearish channel The Dollar index is […]
Morning Report: 07.00 London The dollar is on the rise this morning, supported by an in-line Final Fed meeting for departing chair Janet Yellen. Dollar pairs are on the back foot, with the AUD/USD leading the fallers, down 0.48%. Most other dollar pairs are lower, with the EUR/USD and GBP/USD falling by the same measure. […]
You’re watching the Dukascopy Daily Trading Signals for Thursday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar’s 1 and 4 hours both have 4 neutral signals. Daily models are mostly pointing up, just like the 37% long interbank sentiment. Pound/Dollar has 5 neutrals in the hourly scale. Mid term is […]
USDJPY surged above the 109.50 price level during today’s European session and is trying to enter again into the symmetrical triangle that has been holding since June 2015 in the medium-term timeframe. The short-term technicals are bullish and point to more strength in the market. From the technical point of view, in the daily timeframe, […]
Gold price made a new low and revisited its highs next after the FOMC. So far, it is trading in a range between $1,350-$1,330. A break out will give a big move towards $1,300-$1,280 or $1,400. Black rectangle – resistance Green rectangle – support Gold price is trading below the 4 hour Kumo. Bears have […]
