US inflation data in focus, after Fed notes it has members spilt. UK labour market focus, with average earnings expected to continue to drop. Bank of Canada expected to hike rates. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#216360 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: […]

GOLD price continues to trade above $1,200 but remains in a bearish trend. There is a wedge pattern being formed. A daily close above $1,217 will open the way for a big bounce at least towards $1,250. Blue lines – bearish channel Gold price remains below both the tenkan- and kijun-sen indicators. There are bullish […]

Good morning, traders, the Dukascopy TV team brings you another Support and Resistance Level Report. Euro/Dollar has the closest levels of 1 1410 in resistance and 1 1370 in support. The lowest resistance line sees 14 confirmations. R2 is backed up by Price Channel Indicator Upper Line, a 12 month high and 6 other studies, […]

Pepperstone’s Market Analyst, Darren Sinden, takes you through the overnight changes and price moves to be aware of: – Is the ZARUSD rate trying to tell us something? – Australian home loans cool in May. – Vietnam excels at FDI, – Snap’s IPO premium vanishes. – Shinzo Abe is not a popular PM.

EUR has been gaining very impulsively over JPY recently and the gain seems to continue further in the coming days. Due to recent bad economic reports, JPY has failed to show any gain over EUR which resulted to further bullish move in this pair without any retracement along the way. Yesterday JPY Bank Lending report […]

USD/JPY is currently at the edge of the resistance area of 114.40-115.00. JPY has lost grounds against USD due to bad economic reports published recently. Yesterday JPY Bank Lending report was published with an increase to 3.3% from the previous value of 3.2%, Core Machinery Orders has decreased to -3.6% from previous value of -3.1% […]

US equities continued to advance, helped by technology companies, with the S&P 500 rising on Monday following last week’s sell-off with the index moving from 2421.06 up to 2429.13 on Monday. The market is now starting to analyze Q2 earnings for more indications that global economic growth is progressing as expected by many analysts – […]

4h The price decline continues as shown in the 4-hour chart towards the direction of the correction level of 100.0% – 1.2707, after the formation of the bearish divergence. Bearish divergence in the CCI indicator: the final peak of quotations drove lower than the previous one which does not correspond to the final highs of […]

GBP/USD has been in a bearish pressure since the bounce off the resistance area of 1.3000-50. GBP has been quite weaker recently and after the strong NFP news on Friday, USD has gained some strength. On the GBP side, today MPC Member Haldane and Broadbent is going to speak about key interest rates and future […]

EUR/USD: The EUR/USD did nothing significant. The outlook on the EUR/USD is bullish for this week, and further bullish movement may help price attain additional resistance lines at 1.1450, 1.1500 and 1.1550. USD/CHF: The constant bullish effort on the USD/CHF has, at last, resulted in a “buy” signal in the market. There is now a […]

EUR/USD has been quite volatile and corrective after breaking above the resistance area of 1.1280-1.1360 which is now working as a support area. The week started with little movement in the pair and yesterday’s daily close was in indecision. After the NFP report published on Friday, the pair did get some bearish push but it […]

4h The bear formation of the “Falling Star” and the release of quotations from the Fibo level of 200.0% – 0.7289 made it possible to turn in favor of the US dollar and begin a decline in the direction of the correction level of 161.8% – 0.7199. The formation of a bull candle on July […]

Despite the mixed dynamics of Oil, the Canadian dollar strengthened against its US namesake by more than 6% in the last two months. At a time when other central banks are only hinting normalization, the BOC is ready to take the path of monetary tightening. The dynamics of inflation and overnight rates of BoC Source: […]

When the European market opens, some Economic Data will be released, such as Italian Industrial Production m/m. The US will release the Economic Data, too, such as Final Wholesale Inventories m/m, JOLTS Job Openings, and NFIB Small Business Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day. […]

In Asia, Japan will release the Prelim Machine Tool Orders y/y and M2 Money Stock y/y data, and the US will release some Economic Data, such as Final Wholesale Inventories m/m, JOLTS Job Openings, and NFIB Small Business Index. So, there is a probability the USD/JPY will move with low to medium volatility during this […]

4h The pair USD / JPY on the 4-hour chart continues the growth process towards the Fibo level of 100.0% – 114.36 on the new Fibo-levels grid. The retracement of the pair on July 10 from the correction level of 100.0% will allow traders to expect a reversal in favor of the Japanese currency and […]

4h The new bearish divergence allowed the pair GBP / USD to turn in favor of the US currency and begin a decline in the direction of the correction level of 100.0% – 1.2707. Bearish divergence in the CCI indicator: The last peak of quotations turned out to be lower than the previous one, which […]

Overview: The NZD/USD pair is still trading around the area of 0.7250 and 0.7343. Thus, it should be noted that the support is established at the level of 0.7205 which represents a pivot point. The NZD/USD pair is showing signs of force following a breakout of the highest price of 0.7205. The price has been […]

Overview: The USD/CHF pair is still continuing to rise from the level of 0.9623 in the long term. It should be noted that the support is established at the level of 0.9623 which represents the 38.2% Fibonacci retracement level on the H1 chart. The price is likely to form a double bottom in the same […]

Monthly Outlook In January 2015, the EUR/USD pair moved below the major demand levels near 1.2100 (multiple previous bottoms set in July 2012 and June 2010). Hence, a long-term bearish target is 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. […]

Daily Outlook The NZD/USD pair has been trending up within the depicted bullish channel since January 2016. In November 2016, early signs of bullish weakness were expressed on the chart when the pair failed to record a new high above 0.7400. A bearish breakout of the lower limit of the channel took place in December […]

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USDX was unchanged during Monday and it’s looking to break above the resistance zone of 96.24, where it’s also located the 200 SMA at H1 chart. If that happens, we might expect further gains to take place towards 96.77. To the downside, the nearest support is located around 95.77 and a break below it should […]

A thin liquidity day we had in the markets and the GBP/USD pair didn’t have much action during Monday. An ongoing consolidation below the 200 SMA is taking place and one could expect a kind of breakout below Monday’s lows in order to test the 1.2756 level as the next support to the downside. MACD […]