Japanese trade data for February will be made public on Sunday at 2350 GMT. Exports are anticipated to grow for the 15th straight month on a yearly basis, albeit at a much slower pace relative to previous months, and imports are expected to expand for the 14th consecutive month. Yen pairs will be gathering attention as […]
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Week Ahead – All eyes on FOMC projections; Pound in spotlight as UK data, BoE awaited
It will be a crucial week for the greenback and sterling next week as the Federal Reserve and Bank of England meet to decide on monetary policy. It will also be an important week for the UK in terms of data as inflation, jobs and retail sales figures are released. Employment numbers are expected out […]
Major US stock market Indices have performed very differently in recent days. The NASDAQ recovered all its losses to reach fresh all-time highs, but the DOW Jones is still negative in March. The divergence may be owed to the fact that industrial firms stand to lose more than technology companies in a “trade war” scenario, […]
Gold Price Sinks as Nato Backs UK Over Russian Spy Poisoning, Moscow Hoards Record Reserves
GOLD PRICES sank on Friday despite yet worsening tensions over the attempted assassination of a former Russian spy in the UK, falling to 2-week lows versus the Dollar following stronger-than-expected US industrial output data. Moscow is “overwhelmingly likely” to have ordered the attack on Russian defector Sergei Skripal and his daughter Yulia with a […]
Join James Trescothick, EasyMarkets Senior Global Strategist where he will teach you about candlestick patterns and help you understand how to spot potential entry or exit points. James will also review the FED base rate decision happening on the 21st March REGISTER HERE Date: 20th March Time: 5:00pm – 6:00pm GMT The post […]
Weekly Forex Outlook: 16/03/2018 – Dollar on the back foot on political risks; Fed moves into focus
Watch our ”Weekly Forex Review and Outlook” to catch up on the past week’s main events and their impact on major currencies and also find out what important economic data will be coming up in the future.
Technical Analysis – US 30 index trades in symmetrical triangle; weak bias in near term
The US 30 index has been developing within a symmetrical triangle since January 29 in the 4-hour chart as it failed several times to create higher highs and lower lows. The prices completed numerous days with weak momentum and are trading slightly above the lower boundary of the triangle. Support was met around the 24665 region, forcing […]
Technical Analysis – GBPJPY further losses in focus; stands below 20 and 40 SMAs
GBPJPY has reversed back down again after finding resistance at the two-week high of 149.37 achieved this week. This top is just below the 38.2% Fibonacci retracement level of the downleg from February’s high of 156.60 to March’s low of 145.00. Momentum indicators are pointing to a bearish bias in the short term with the […]
US Open Preview – Safe havens advance on political risks; European equities inch up
Here are the latest developments in global markets: Forex: Safe-haven currencies continued to benefit from risk aversion, with dollar/Yen diving below the 106 key level near one-week lows, last trading at 105.64 (-0.65%). From the one hand, political turmoil in the US was pressuring the dollar after the Washington Post newspaper reported yesterday that the […]
We have reached the midpoint of the last trading day of this week, so let`s see how market players have managed to work out the rate shifts. Euro/Dollar has moved slowly higher and a slight gain was posted by noon. Traded volume is low and neutral sentiment is just 6% short. Gradual rise has provided […]
We have reached the midpoint of the last trading day of this week, so let`s see how market players have managed to work out the rate shifts. Euro/Dollar has moved slowly higher and a slight gain was posted by noon. Traded volume is low and neutral sentiment is just 6% short. Gradual rise has provided […]
The trading week may be coming to an end, but don’t let your guard down and check your broker’s price feed with the Spike Controller. Euro/Dollar’s long term average and maximum spreads are point 31 and 1.1 pips respectively. The pair depreciated from the high of 1 2367 by a total of point 58% or […]
Technical Analysis: 16/03/2018 – Gold continues range trading; 38.2% Fibonacci strong support
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Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…
Technical Analysis: 16/03/2018 – Gold continues range trading; 38.2% Fibonacci strong support
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…
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-March 16th 2018
European Open Preview – Yen gains as US political uncertainty intensifies
Here are the latest developments in global markets: Forex: The dollar traded lower against a basket of currencies on Wednesday on the back of reports suggesting that the White House personnel shakeup would continue. The safe-haven perceived Yen was the biggest beneficiary from these reports. STOCKS: US markets ended mixed yesterday, as political uncertainty and […]
Morning Report: 07.00 London This morning, the US dollar is on the retreat after an Empire State inspired surge yesterday. The dollar index hit a weekly high yesterday, but already half of those gains have been lost this morning as traders fret over US political uncertainty this morning. The dollar pairs are mirroring these moves […]
These are the Friday’s Dukascopy Daily Trading Signals. Here’s how the technical indicators line up with the interbank sentiment at 8 AM GMT. Euro/Dollar’s hourly indicators show mixed results. Mid term chart has 4 red signals and outlook shifts to neutral in the long term, which is in line with the 12% long interbank sentiment. […]
DOW Jones Industrial Average is one of the oldest Indices in the world. It is made up of 30 of the largest firms in the United States. While the index is closely followed, it does not always give a clear picture of the economy. In addition, the companies that make the index are so large […]
Technical Analysis – USDCAD records 9-month high; sharp buying interest in short term
USDCAD has advanced considerably over the last four trading days, hitting an almost 9-month high of 1.3071 during today’s European session. Price action at the moment is taking place not far below this peak, having successfully surpassed the 1.3000 strong psychological level. The technical picture supports that the bullish bias is likely to continue in the short-term. Having a look in the […]
USD JPY below 106, Asian leaders gather in Aussie, Putin faces the polls.
https://pepperstone.com/en/Forex-news/market-review -JPY strengthens but so does Dollar Index? -The ASEAN summit draws Asian leaders to Australia. -Vladimir Putin is up for re-election on Sunday. -Another White House causality on the cards? -Automation is coming and maybe quicker than we think! The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren […]
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Why do the majority of investors get caught off guard at major turns in the stock market? The answer is simple, and once you know it, you can avoid the financial danger…
Technical Analysis – EURNOK falls to 4-month lows; near oversold levels
EURNOK declined fiercely after it touched a nine-year high of 9.9912 on December 21. Then in early February, the market managed to recoup some of its losses, but its efforts were not sustainable, and prices reversed direction again to reach a four-month low of 9.4709 today. The RSI is currently increasing negative momentum in bearish […]
Gold Price Unmoved, Hits 5-Week Low vs GBP as US Backs UK Over Russian Spy Attack
GOLD PRICES were unmoved Thursday by worsening tensions between Nato and Russia over the poisoning in Britain of a former spy, holding $5 below last week’s finish to trade at $1318 per ounce as world stock markets also held flat overall. Silver also slipped, trading 1% down for the week so far at $16.43 […]
How long will OPEC continue to forfeit market share to the US? – Commodity News
While OPEC and its allies have been restricting their output in order to rebalance the Oil market, other major producers like the US have taken the opportunity to increase their own production. If this pattern continues, OPEC would likely see a substantial chunk of its market share taken over by the US. The last time […]