USD/CAD has been quite impulsive with declines today after certain indecision and correction below 1.24 price area. Despite recent upbeat economic reports, USD failed to sustain the gain over CAD which indicates severe weakness of USD in the coming days. Moreover, President Trump spoke recently about a tax rate reduction, so his speech is expected […]
The trading plan 01/31/2018 The general picture: There is a corrective mood in the market. The long-awaited correction began in the US stock market. This was triggered perhaps by too rigid statements of Trump addressed to China during the annual speech in Congress. Yet, China is a very important “partner” for the U.S. economy, unlike […]
The American government institute found in official research on cryptocurrency that Bitcoin Cash is the original Bitcoin, while Bitcoin itself is a fork. In the document entitled “Blockchain Technology Overview” at the National Institute of Standards and Technology at the US Department of Commerce, the authors Dylan Yaga, Peter Mell, Nik Roby, and Karen Scarfone […]
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:Forex forecast 04/09/2024: EUR/USD, GBP/USD, Oil and Bitcoin… April 9, 2024 We introduce you to the […]
Here are the latest developments in global markets: FOREX: The dollar index continued to retreat on Wednesday, trading 0.2% lower ahead of the FOMC policy decision later in the day. STOCKS: Japanese markets were on the defensive, with the Nikkei 225 and the Topix indices falling 0.8% and 1.2% respectively, as the recent surge in bond […]
Donald Trump’s overnight statement did not ensure a solid reshuffling of the sentiment on the currency market. The New Zealand Dollar is the strongest currency, which, due to data coming from China and Australia, places the NZD / USD rate around 0.7380. In his shadow, there is a pound sterling (0.4%) with a notable indication […]
The Dollar index remains in a bearish trend. Price got rejected at 89.60. Price is mainly moving sideways between 89.60 and 88.50. The Dollar index will most probably make a new lower low towards 88-87.50, but I believe this low should be faded. The FOMC tonight could give the Dollar index the final push lower. […]
Gold price remains near the monthly highs. Price got rejected at the long-term resistance of $1,350 however there is no confirmed reversal here yet. A rejection at the long-term resistance could start a new downward move back below $1,300, if however price manages to recapture the $1,350-55 level, we should expect the resumption of the […]
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:EUR/USD. Analysis for April 12th. The euro falls down under… April 12, 2024 The wave analysis […]
These are the Dukascopy Daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT. All three Euro/Dollar’s time ranges bring an equal number of 5 bullish signals and they are in line with the almost 40% long interbank sentiment. Pound/Dollar’s hourly studies are mostly neutral, but outlook shifts […]
This March, XM will return to Latin America, where we look forward to reconnecting with our clients and to welcoming prospective clients to a seminar series on the use of swing trading techniques. The seminar titled Avramis Swing Trading Techniques will be presented by Tradepedia in various cities in Mexico and Colombia between 3rd and […]
AUDUSD retreated over the previous two days, following the bounce off the 32-month high of 0.8135. Looking on the medium-term timeframe, the pair has been in bullish phase since January 2016, supported by higher bottoms and higher peaks. Despite the small retracement on the short-term chart, the price still endorses the sharp upward movement as it hit the 0.7500 […]
Overview: Pivot point: 0.9333. The USD/CHF pair continues to trade downwards from the level of 0.9377 this week. 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, […]
Burning Forecast 01/31/2018 EURUSD: trade for a breakthrough. Today, the main event of the week is the decision of the Federal Reserve on Monetary Policy, at 18.00 London time. There may be surprises: the Fed’s tougher statement on inflation could cause a strong strengthening of the dollar (correctional, but strong). We prepare an order for […]
Overview: The NZD/USD pair didn’t make any significant movements yesterday. There are no changes to my technical outlook. The bias remains bullish in nearest term, testing 0.7557 or higher. The price is set at the pivot point of 0.7391 currently. On the daily chart, the NZD/USD pair continued moving upwards from the level of 0.7260 […]
Good morning traders, you’re watching the Support and Resistance Level Report for Wednesday. Euro/Dollar is now trading in the range limited by R1 of 1 25 and S1 of 1 24. First two resistance levels both have 2 confirmations. R1 is a psychological level and R2 is a price channel indicator upper line. There’s just […]
President Donald Trump delivered his first State of the Union Address last night from Capitol Hill. He said that he wants Congress to produce legislation that generates at least $1.5 trillion for new infrastructure investment. Every federal dollar for infrastructure should be leveraged by partnering with state and local governments and tapping private sector investment. […]
Forex Market Reviews: http://thefxlounge.com/#Market-Review -USD gains are transitory it seems -China industry slowing but services are growing. -Aussie inflation low balls on 4 measures. -POTUS SOTU a mixed reaction. -UK PM May visits China for talks. -ECB tightening – what tightening? The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, […]
Wave summary: EUR/NZD continues to follow the expected path to perfection. We expect that a minor support at 1.6803 will be able to protect the downside for a new impulsive rally above 1.6973 confirming more upside pressure towards 1.7065 on the way higher to 1.7360 and 1.7479. It will take an unexpected break below support […]
Wave summary: We continue to look for more downside pressure, but we must accept a short-term spike closer to 135.48, before the renewed pressure should take EUR/JPY lower to 134.10 on the way to 131.11 and longer term down to the ideal wave (E) target at 123.43. Only a break above 136.30 will question this […]
Futures for North Sea variety for the first time in the last six days has fallen below $69 per barrel. A number of bullish news, including Saudi Arabia’s lack of concern over the growth of US shale mining and Riyadh’s announcement of a long-term (“for decades and whole generations”) cooperation with Russia, could not stop […]
When the European market opens, some Economic Data will be released such as Unemployment Rate, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, German Unemployment Change, Spanish Flash CPI y/y, French Prelim CPI m/m, and German Retail Sales m/m. The US will release the Economic Data too, such as Federal […]
In Asia, Japan will release the Housing Starts y/y, Consumer Confidence, Prelim Industrial Production m/m and BOJ Summary of Opinions data, and the US will release some Economic Data such as Federal Funds Rate, Crude Oil Inventories, Pending Home Sales m/m, Chicago PMI, Employment Cost Index q/q, and ADP Non-Farm Employment Change. So, there is […]
The price continues to test our buying area and ascending channel support. We think that it might be doing a fake breakout now because RSI has not broken below 50% yet. We remain bullish above major support at 0.7312 (Fibonacci retracement, horizontal overlap support, long-term ascending support, bullish price action) for the price to continue […]
Reason for the trading strategy (fundamentally): The biggest news that has driven Bitcoin lower recently was Facebook’s new policy that bans advertisements involving bitcoin and initial coin offerings, citing that they are frequently associated with misleading and deceptive promotional practices that are not currently operating in good faith. Reason for the trading strategy (technically): Bitcoin […]
The index continues to move within a neutral-to-bearish tone across the board and looks forward to breaking below January 25th lows. However, we’re expecting that it found strong support over there because a new cycle could have started and then it could target levels above the 200 SMA. If it manages to break above 89.36, […]
GBP/USD managed to recover from the 200 SMA at the H1 chart and it seems we could expect a rally towards the resistance zone of 1.4280. Such move could strengthen the bullish path for the short-term and if the pair does a break above that barrier, the next target would be the 1.4393 level. MACD […]
Learn more about Pepperstone’s cTrader platform: https://pepperstone.com/en/trading-platforms/ctrader Explore cTrader’s superior trading capabilities including advanced order protection, increased charting and timeframe options, and depth of market functionality. Related Posts:Crash on Wall Street: Inflation vs. Rate Cut April 11, 2024 On Wednesday, American stock markets experienced a decline, reaching minimum…
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 Investors who’ve been on the sidelines are fed up with “missing out”! In recent weeks, money flows into equities have sharply risen. This chart shows you why market risk is sharply rising, too. http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx Learn How the Wave Principle Can Improve Your Trading Related Posts:Market Comment – Stocks climb after sizzling US jobs report […]
Firesteel took the opportunity at the bottom of the precious metal markets to acquire this gold mine and is financed to bring it back into production in summer 2018, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#233762 Смотрите […]
