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:Overview of the GBP/USD pair. April 16th. The pound may… April 16, 2024 After a three-day […]
27th January 2018 was yet again a day dedicated to education: XM hosted a free seminar in Kuala Lumpur, Malaysia, for online investors interested in learning about the most essential details related to CFD trading. For all those who are truly committed to keeping pace with the latest changes that affect the global CFD markets, […]
Here are the latest developments in global markets: FOREX: The dollar index traded marginally higher on Monday, recouping some of the losses it posted on Friday. Meanwhile, the yen remained relatively elevated after shooting up on Friday, following some remarks from BoJ Governor Kuroda. STOCKS: Asian markets were mixed. In Japan, the Nikkei 225 closed marginally lower, while […]
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 29th 2018 Related Posts:Energy in […]
These are the Main Daily Trading Signals for Monday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar sees 4 bearish signals in the short-term. The mid-term is split between red and neutral models, and the daily outlook sees 4 buy prompts, matching the more than 39% long interbank. Bearish models […]
Morning Report: 07.00 London The dollar index is recovering this morning after a poor week that compounded 2018’s weakness. We have an extremely busy week ahead with Trump’s state of the union address, Non Farm Payrolls and much more. Most dollar pairs are slipping back, including the AUD/USD which remains one of the top performers […]
There was a general increase in volatility last week across the board due to Davos and a busy economic calendar. On Friday, BOJ’s Kuroda made comments in Davos concerning the Japanese economy, saying the contrast between recovery and inflation stands out more than anywhere else and the economy is expanding moderately and will continue. It’s […]
EURUSD has been underperforming in the previous couple trading days, creating a pullback on the 3-year high, the 1.2540 resistance level. When looking at the bigger picture the pair holds a clear trend to the upside as it recorded the sixth bullish week in a row. However, the short-term technical indicators are pointing for a […]
The US dollar index remains in a bearish trend. The dollar index will need to break above last week’s high in order to confirm that at least a short-term low is in. The dollar index should break above 90.60 to change short-term trend. Red lines- bearish channel The dollar index is trading inside the red […]
Gold price is showing signs of weakness and could pull back towards cloud support of $1,330 before resuming the upward trend. Trend remains bullish. Gold price is trading below both the Tenkan- and Kijun-sen. Besides, it is trading above the 4 hour cloud. The short-term trend is bullish as long as price is trading above […]
Burning Forecast 01/29/2018 EURUSD: Ahead of a long range. Last week, a lot of important news came out. ECB: No rate increases in 2018. We will stimulate economic growth. The euro exchange rate of 1.2500 to the dollar is not a concern. US Finance Ministry in Davos: The decline of the dollar is good for […]
NZD/USD is expected to trade with bullish bias above 0.7290. The pair remains in an uptrend and is now trading above its 20-period and 50-period moving averages. A strong support base at 0.7290 has formed and has allowed for a temporary stabilization. Last but not least, the relative strength index is bullish above its neutrality […]
Technical outlook: The EUR/USD spiked through mid 1.2500 levels before pulling back sharply last week. Once again the pair has proved it’s not yet done on the north side. A complete wave count has been displayed on the daily chart here which indicates that EURUSD might have completed the 5th wave or would do so […]
Good Monday morning, it’s a new trading week and a new Support and Resistance Level Report. Euro/Dollar is trading in the range limited by R1 of 1 2470 and S1 of 1 24. R2 is a psychological level with 4 models, and Bollinger Upper Band is among the 2 models for R1. The highest resistance […]
Monday 29th January at 13.30 GMT – US Core PCE, which is the monthly measurement of core spending level. December estimates are for 0.2% MoM and 1.5% YoY. US Personal Spending is also released at the same time. The December figure estimate is 0.5% MoM. Monday 29th January at 23.30 GMT – Japan Unemployment Rate. […]
When the European market opens, only German Import Prices m/m will be released. The US will also release the Economic Data such as Personal Income m/m, Personal Spending m/m, Core PCE Price Index m/m, so amid the reports, EUR/USD will move in a low to medium volatility during the day. TODAY’S TECHNICAL LEVEL: Breakout BUY […]
In Asia, Japan will not release any Economic Data today but the US will release some Economic Data such as Personal Income m/m, Personal Spending m/m, Core PCE Price Index m/m. So, there is a probability that the USD/JPY pair will move with low to medium volatility during the day. TODAY’S TECHNICAL LEVEL: Resistance. 3: […]
Wave summary: We have seen the expected consolidation after the break above 1.6937. This consolidation is expected to continue a while longer, before the next resistance at 1.7064 is ready to be challenged and once broken, a continuation higher to 1.7360 and 1.7479 should be seen on the way higher to 1.7777. Short-term support in […]
Wave summary: EUR/JPY is finally challenging an important support at 135.00 and a firm break below here will require contined effort towards 131.11 and longer term decline towards 123.43, as the final wave (E) develops within the huge triangle consolidation, which has unfolded since July 2008. Short-term minor resistance at 135.48 is expected to cap […]
The price tested our buying area and ascending channel support and had bounced up really nicely as expected. 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 its push up to at least 0.7436 resistance (major swing high resistance, Fibonacci […]
Reason for the trading strategy (fundamentally): The security of cryptocurrency has been hit once again with the Tokyo-based cryptocurrency exchance Coincheck confirming that It has suffered from what appears to be the biggest hack in the history of technology, losing $533 million. While this doesn’t directly affect bitcoin, it does shed some light into the […]
Forex Market Reviews: http://thefxlounge.com/#Market-Review -The Dollar starts the week on the backfoot. -CHF has been the big gainer -Ethers bumper session. -A NAFTA round concludes today. -Russia, Turkey and Iran to talk on Syria. -Mixed data from Asia this morning. -Globalisation -the best worst choice. The overnight changes and price moves to be aware of […]
Eurozone Markets continue to assess under the microscope the results of the ECB meeting on Thursday. Mario Draghi’s press conference started with a few dovish statements, as Draghi focused on the slowness and austerity, indicating that it is not necessary to wait for surprises and, especially, some severe steps from the ECB. Draghi called for […]
The dollar exchange rate, the decline of which sharply accelerated after the introduction of protectionist measures on a number of goods from China and South Korea, against the backdrop of the comments of US Treasury Secretary Munchina about the weak dollar, won back some losses on Friday. The immediate reason for stopping the decline of […]
January is shaping up to be the worst month for the U.S dollar since Jan 2017. The Dollar Index declined week after week and this latest leg drove the greenback to its lowest level in 3 years. With a relatively light U.S. economic calendar this past week, very few investors expected big moves. Related Posts:Weekly […]
January is shaping up to be the worst month for the U.S dollar since Jan 2017. The Dollar Index declined week after week and this latest leg drove the greenback to its lowest level in 3 years. With a relatively light U.S. economic calendar this past week, very few investors expected big moves Related Posts:Weekly […]
January is shaping up to be the worst month for the U.S dollar since Jan 2017. The Dollar Index declined week after week and this latest leg drove the greenback to its lowest level in 3 years. With a relatively light U.S. economic calendar this past week, very few investors expected big moves. Related Posts:Weekly […]
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- January 28th 2018 Related Posts:Weekly forecast […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 Global debt seems to be a subject that’s far removed from most people’s daily lives. But, the Great Recession revealed otherwise. Now, learn why another financial crisis may be just around the corner. 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:Overview of the GBP/USD pair. April 16th. The pound may… […]
Friday brings a number of highly anticipated news releases, so let’s take a closer look. In fact, all the publications on this schedule are high importance events, starting with the preliminary British fourth quarter GDP, which is out at half past 9 AM. Third quarter data surprised somewhat on the upside, showing the strongest growth […]
