Recently, the USD/JPY pair has been trading downwards. The price tested the level of 108.73. Anyway, according to the 30M time – frame, I found a fake breakout of yesterday’s low at the price of 108.96, which is a sign that selling looks risky. I also found a bullish engulfing candle pattern, which is another […]
The Bitcoin (BTC) has been trading sideways at the price of $11.270. Despite the warnings of the Israeli regulator that it won’t tolerate bitcoin to get somehow backdoor listed on the Tel Aviv Stock Exchange, public companies keep pivoting into the field. The latest example is a firm that focused on oil refineries until now. […]
Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.4328. According to the 30M time – frame, I found successful rejection of the upward trendline, which is a sign that buyers are in control. I also found an oversold stochastic oscillator, which is another sign of strength. My advice is […]
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- January 25th 2018 Related Posts:Energy in […]
Last day been bearish for the Greenback, so let’s see if this has pushed the spreads higher for the three non-cross majors. Euro/Dollar’s long term average spread is point 33 pips. Peak separation of 1.3 pips was posted during the past 4 hours. Euro has surged against the Buck by more than 1% or 131 […]
Core Finance is part of Core London, a TV production company based in Belgravia, London. Core Finance aims to provide its viewers with insightful market commentary, helping investors navigate global financial markets. Making the content provided invaluable to viewers. Our shows are closely followed by fund managers, day traders, retail investors, company CEO’s, experienced investors […]
Silver Technical Analysis. Silver, often known as the poor man’s gold has become a boring metal with little movements. In the past five years, the price of an ounce of silver has ranged between a low of $13.73 and a high of $22. Its one-year chart shows a metal struggling to find direction and one […]
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:Trading Signals for GOLD (XAU/USD) for April 15-17, 2024:… April 15, 2024 Gold is trading around […]
Between 7th and 9th January 2018, XM took part in one of the most prestigious annual financial exhibitions in Europe, the Money Show in Athens, Greece. The three-day event series that was organised on the premises of Hotel Hilton Athens attracted a large number of international exhibitors from the banking and financial industry who attended […]
The ongoing World Economic Forum (WEF) 2018 has so far produced negative opinions about Bitcoin because economists, including Joseph Stiglitz, are preparing to proclaim the superiority of fiat money. “We have a good exchange medium called Dollar. Why do people want Bitcoin?”- asked Joseph Stiglitz, who was joined by the President of the National Bank […]
Asia joined to the US Dollar sell-off, although the first bars of trade in Europe bring some sort of a rebound. Inflation from New Zealand clearly disappointed by hitting NZD. EUR has a big day ahead with the ECB meeting. Nikkei 225 lost 1.1% and Hang Seng fell 0.4%. On Thursday 25th of January, 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:Market Comment – Stocks slide, dollar soars as rate cut bets… April 16, 2024 Surging US […]
Here are the latest developments in global markets: FOREX: The dollar index traded marginally lower on Thursday, extending the significant losses it posted on Wednesday. Meanwhile, the British pound skyrocketed, supported by strong jobs data and increasing optimism that Britain can secure a favorable Brexit deal. STOCKS: Asian markets were mostly in the red. Japan’s […]
Overview: The weekly pivot point is seen at the point of 0.7391. On the daily chart, the NZD/USD pair continued moving upwards from the level of 0.7260. Yesterday, the pair rose from the level of 0.7260 (weekly support) to the top around 0.7400. Today, the first support level is seen at 0.7260 followed by 0.7168, […]
Overview: The USD/CHF pair has dropped sharply from the level of 0.9507 towards 0.9400. Now, the price is set at 0.9420 to act as a daily pivot point. It should be noted that volatility is very high for that the USD/CHF pair is still moving between 0.9507 and 0.9334 in coming hours. Furthermore, the price […]
You’re watching the Primary Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT. Neutral signals prevail on Euro/Dollar’s hourly chart, but the 4 and 24-hour scales turn strongly bullish with 4 and 8 studies, respectively, and they are very much in line with the more than 48% […]
With house builders reporting record profits, Jeremy Leaf, of Jeremy Leaf & Co, looks at the state of the housing market in the UK with Jeremy Naylor. ► 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 iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 IG empowers informed, decisive, adventurous people to access […]
Good morning, traders, this is the Support and Resistance Level Report for Thursday. Here’s how our in-house model tests out. Euro/Dollar is on the rise, and it stands between R1 of 1 2470 and S1 of 1 2410. R2 is a psychological level with 2 confirmations, while the upper and lower resistance lines have found […]
USDJPY remains under strong pressure over the last couple of days, while during today’s European session it plunged below the 109.00 psychological level and challenged a new 4 ½-month low of 108.72. The dollar weakness continues, and the pair is trading near the lower band of the medium-term symmetrical triangle. From the technical point of view, in […]
Burning Forecast 01/25/2017 EURUSD: The euro awaits the decision of the ECB on the highs. Therefore, the main event of today and the week – and, perhaps, the month – is the decision of the ECB on its monetary policy. The market is waiting for the tightening of the ECB policy: the EU economy is […]
Morning Report: 07.00 London This morning, the dollar remains soft, falling further after US Treasury secretary Steve Mnuchin affirmed the government’s support for a weaker dollar: “A weaker dollar is good for us as it relates to trade and opportunities”. The dollar experienced a broad-based selloff, led by the British pound that continues to climb […]
Yesterday, Senior US Officials took the lead from their President and made clear the US position on Trade. Commerce Secretary Wilbur Ross took aim at China, saying the Chinese 2025 technology plan is a ‘direct threat’ to US technological dominance. The Chinese plan aims to support and develop sectors of their economy such as artificial […]
When the European market opens, some economic data will be released such as Belgian NBB Business Climate, Minimum Bid Rate, German Ifo Business Climate, Spanish Unemployment Rate, and German GfK Consumer Climate. The US will also release a batch of economic data such as Natural Gas Storage, CB Leading Index m/m, New Home Sales, Prelim […]
In Asia, Japan today will not release any economic data. However, the US will release a series of economic reports such as Natural Gas Storage, CB Leading Index m/m, New Home Sales, Prelim Wholesale Inventories m/m, Goods Trade Balance, and Unemployment Claims. So there is a probability the USD/JPY pair will move with low to […]
Price is now testing major resistance at 1360 (ABC Fibonacci extension, bearish price action, bearish harmonic formation) and a strong reversal could occur at this level to push price down to at least 1345 support (Fibonacci retracement, horizontal pullback support).Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding reaction could occur. Sell below […]
Price is approaching major support at 0.7312 (Fibonacci retracement, horizontal overlap support, long term ascending support) and a bounce could occur at this level to push price up to at least 0.7436 resistance (major swing high resistance, Fibonacci extension). RSI (34) sees a long term ascending support line, which since November 2017 has been holding […]
Wave summary: EUR/NZD spiked lower to 1.6630 before completing the correction from 1.6937, however, the strong rally from the 1.6630 low is a clear indication that the wave ii is now complete and the wave iii higher to at least 1.7360 is developing on the way higher to 1.7777. A clear break above the mark […]
Forex Market Reviews: http://thefxlounge.com/#Market-Review -A Weak Dollar is good for the USA they said…… -GBP up almost 3% vs USD ,since Monday. -Oil back above $71 pb. -NZ rate rises on hold after weak Q4 inflation. -SK tiger slows down in Q4 201.7 -The changing world of work. The overnight changes and price moves to […]
Wave summary: EUR/JPY once again failed to break below the important short-term support at 135.00, this may lead to a new short-term spike higher to 136.00 before renewed downside pressure is seen, but we remain convinced that it’s only a matter of time before the important short-term support at 135.00 is broken for real and […]
EUR/USD: Since January 10, this pair has gone upwards by 470 pips, leading to a clear Bullish Confirmation Pattern in the 4-hour chart. The resistance line at 1.2400 has been tested and it is almost being breached to the upside. The next targets would thus be the resistance lines at 1.2450 and 1.2500. USD/CHF: Since […]
