GBP/USD is off from February 16th highs and it’s currently trading around the 200 SMA at the H1 chart, being supported by the 1.3939 level. If such area gives up in favor of the bears, the pair could go to test the 1.3753 level. To the upside, if it manages to break above the 1.4078 […]

The UK will see the release of employment data for December on Wednesday, at 0930 GMT. While practically every indicator is projected to have remained unchanged from the previous month, this is still a major risk event for sterling, as any deviation from the forecasts will likely have a large impact on the currency’s forthcoming […]

The EURUSD pair has moved higher to test resistance and create a high at 1.25549. This was marginally above the previous high at 1.25732. When this level failed as support, the market sent price lower through the broken blue trend line around 1.24911. Price action proceeded lower to the next support level at 1.24593, which […]

GOLD is heading south following the strong pullback on the 1361.40 resistance level on Friday. Having a look at the short-term timeframe the price almost hit the 23.6% Fibonacci retracement near the 1335 level of the last up-leg with the low of 1236 and the high of 1366. The bearish correction is confirmed by the MACD oscillator. In the 4-hour […]

Markit’s eurozone flash PMI data for the month of February for the manufacturing and services sectors are due on Wednesday at 0900 GMT. The figures are expected to slightly ease relative to January, though still remain comfortably in expansion territory above 50 and continue to support the view that growth in the Euro area is […]

In the last 24 hours, the currency market has not shown anything new, mostly because of the holiday season in China and the USA. The US dollar continued to move higher, but it was a very slow movement: on a small scale and not comparable with the previous week’s drops. The financial news feeds are […]

GOLD PRICES rallied from a brief dip below $1340 per ounce in London trade on Tuesday, rising against a firm US Dollar as New York traders returned from the long Presidents Day weekend.   With China’s markets still closed for the New Year of the Dog celebrations, Asian stock markets closed lower while European equities […]

Subdued wage growth has been a major source of concern for the Reserve Bank of Australia (RBA) for years now. While the Bank expects wages to pick up, it does not expect that to happen quickly and has thus shown little urgency to raise interest rates. Against that backdrop, traders will keep a close eye […]

Subdued wage growth has been a major source of concern for the Reserve Bank of Australia (RBA) for years now. While the Bank expects wages to pick up, it does not expect that to happen quickly and has thus shown little urgency to raise interest rates. Against that backdrop, traders will keep a close eye […]

Markit Economics are updating us with the Flash PMIs for February on this Wednesday, so let’s take a look. Flash Manufacturing PMI data run begins at 8 o’clock with French data. German stats will be released a half an hour later and the whole bloc’s figures are set for publication at 9 AM. Both Services […]

After a long 7-month rally, the Oil market again took up the old one. For tug of war. On one side are the American producers of black GOLD, for which the current prices provide an excellent opportunity to increase the production volumes. In February, it jumped to a record of 10.27 million b / s […]

Weekly Technical Analysis of the Forex Markets – to guide your trading using technical indicators such as moving averages, RSI, Fibonacci, Ichimoku.

GBP/USD is one of the most popular currency pairs in the world. It is also one of the oldest. Within the Forex circles, the pair is known as Cable. This is because of the deep history between the two currencies. In the 19th century, the exchange rate between the two currencies was exchanged using large […]

Here are the latest developments in global markets: Forex: The dollar continued to stretch higher, breaking slightly above the 107 key-level versus the Yen (+0.51%) and rising towards 89.67 (+0.65%) against a basket of major currencies. Despite risks remaining in the background, including a ballooning US budget deficit and potential policy tightening by other central banks which might attempt to play catch up with the […]

EUR/JPY has been quite indecisive recently having impulsive bearish pressure since the price broke below 134.50 support area. EUR has been quite positive with the economic reports today which did not quite helped the currency to sustain the bullish momentum against JPY. Recently JPY Trade Balance report was published with significant increase to 0.37T from […]

USD/JPY has been quite impulsive with the bullish gains after rejecting off the 105.50 support area with a daily close. The impulsive non-volatile bearish gains lead the price to fall drastically from 113.50 area which is currently expected to show some retracement towards 108 price area before proceeding much lower in the future. Recently JPY […]

Bank of Japan Governor Kuroda was reappointed to a rare second term last week, with the implication that the Japanese Yen cannot rely on any interest-rate hikes. Kuroda is expected to continue with monetary accommodation, negative base rates and direct management of the bank’s own government bond yield curve. Despite all this, the Japanese Yen […]

Morning session is over on this Tuesday, so let’s find out how the sentiment of the traders compares with the actual rate shifts. Euro/Dollar has been on a slide and it puts the pair point 42% in the red at 12 o’clock. Traded volume is average and neutral sentiment is 4% long. Bearish rate movement […]

Morning session is over on this Tuesday, so let’s find out how the sentiment of the traders compares with the actual rate shifts. Euro/Dollar has been on a slide and it puts the pair point 42% in the red at 12 o’clock. Traded volume is average and neutral sentiment is 4% long. Bearish rate movement […]

EUR/USD has been quite impulsive with the bearish gains recently after bouncing off the 1.25 resistance area. Despite having USD President’s day and mixed EUR economic reports recently, USD gained impulsively which is expected to lead to further bearish pressure on the pair. Ahead of the FOMC Meeting Minutes to be held on Wednesday this […]

GBP/JPY is expected to trade with a bullish outlook. The pair posted a rebound and broke above its 20-period and 50-period moving averages. In addition, the 50-period moving average is turning up. The relative strength index calls for a new up leg. To conclude, as long as 149.05 is not broken, look for a further […]

Learn to play the piano in minutes, no need to shovel snow anymore and awesome robot arms just like the powerlifter in Aliens. The latest tech & gadget news of 2018. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#236411 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: […]

EUR/USD: This currency pair has been going downwards since Monday, shedding about 90 pips in the context of an uptrend. The price is now below the resistance line at 1.2350, going towards the support line at 1.2300. A movement below another support line at 1.2250 would result in a short-term bearish bias. USD/CHF: This pair […]

Recently, GOLD has been trading downwards. The price tested the level of $1,336.00. According to the 30M time frame, I found that the price is trading in the downward channel, which is a sign that sellers are in control. I also found a broken bearish pennant in the background, which is another sign of weakness. […]

Cryptocurrency fraud has generated over 1,200 complaints to the Australian consumer law monitoring authority in 2017. Data from the Australian Commission on Competition and Consumers (ACCC) disclose 1289 complaints, some of which seem to refer to ICO. Australia has not responded to the recent requests from international regulators to closely follow the sale of cryptocurrency […]