Overview The Silver price tests the support base formed above 16.56 level, which represents the first protecting factor to the continuation of the recently suggested positive scenario, waiting to resume the bullish trend that its next target located at 17.43. Therefore, we will keep our bullish overview unless breaking 16.56 followed by 16.15 levels and […]

BITCOIN has been quite indecisive recently after an impulsive bullish gain breaking above $10,000 price area. The steady bullish pressure from the bounce since $6000 price area which has lead the price to head above $10,000 without much deeper in the process. As $10,000 price area is a psychological level and market participants has been […]

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Monday should be a calm day. The main reason is the US President’s Day (the memory of the birth of Washington), so the biggest stock exchanges will remain closed. Let’s add to this that until Wednesday, the Chinese will celebrate the New Year. We will start Tuesday with data on the Swiss foreign trade balance […]

Despite higher expectations of the interest rate hike by the FOMC, the US currency remains under selling pressure. The US Dollar is only temporarily supported by signals pointing to growing inflationary pressure in the form of the higher January reading of CPI and PPI inflation in the US. Last week’s appreciation of the US Dollar […]

GOLD and Silver PRICES remained steady on Monday morning in London against a rebounding US Dollar, write Steffen Grosshauser and Adrian Ash at BullionVault.   With New York shut for Presidents Day – and ahead of meeting minutes due Wednesday from the US Federal Reserve’s latest policy meeting – global equity markets were mixed as […]

Dukascopy Forex TV Team is back with this week’s first Midday Snapshot. Euro/Dollar has walked in a relatively narrow range of 47 pips and the pair sees just half of the monthly average funds. Sentiment of the traders is bearish, short positions are up by 15%. Both the passive trading and narrow price movement range […]

Dukascopy Forex TV Team is back with the Economic Calendar, where we’ll take a look at the potential FX movers for Tuesday. There are two January publications scheduled at 7 AM, including German Producer Price Index. Prices have been on a rise, increasing for six consecutive months now. Swiss Trade Balance is the other item […]

Daily Outlook In July 2017, an atypical Head and Shoulders pattern was expressed on the depicted chart which indicated an upcoming bearish reversal. As expected, the price level of 0.7050 failed to offer enough bullish support for the NZD/USD pair. That’s why the further bearish decline was expected towards 0.6800 (Reversal pattern bearish target). Evident […]

Monthly Outlook In January 2015, the EUR/USD pair moved below the major demand levels near 1.2050-1.2100 (multiple previous bottoms set in July 2012 and June 2010). Hence, a long-term bearish target was 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. […]

Disappointing statistics on U.K. retail sales for January (+ 0.1% with a forecast of + 0.5% m / m) and profit taking on short positions on the U.S. dollar put an insurmountable barrier to the Pound “bulls” to the north. Looking at how the profitability growth of the 10-year treasury bonds, the chances of the […]

The BITCOIN (BTC) has been trading upwards. The price tested the level of $11.010. 2018 might be a breakout year for cryptocurrency wallets. The Bitcoin.com wallet is set to reach 2,000,000 downloads soon and has integrated Shapeshift into its platform. More recently, San Diego-based Edge released its wallet from a three month long beta, going […]

U.S. markets are closed today for Presidents’ Day so European markets are struggling for direction. With lighter trading volumes anticipated there are likely to be few trading triggers today. There are no high impacting economic data releases due, however traders will look cautiously at a speech by Bank of England (BOE) Governor Mark Carney about […]

Recently, the USD/JPY has been trading upwards. The price tested the level of 106.65. Anyway, according to the 30M time – frame, I found a successful rejection of pivot resistance 1 at the price of 106.60, which is a sign that buying looks risky. I also found a hidden bearish divergence on the stochastic oscillator, […]

While many European countries are looking for stricter rules on cryptocurrencies, Spain wants to follow Switzerland, proposing a friendly legacy for the cryptocurrency market. The People’s Party of Spanish Prime Minister Mariano Rajoy is ready to take full advantage of Blockchain technology. In particular, the conservative party has tax breaks.Teodoro Garcia Egea – legislator preparing […]

Recently, the EUR/USD has been trading downwards. The price tested the level of 1.2405. Anyway, according to the 30M time – frame, I found a fake brreakout of Friday at the price of 1.2393, which is a sign that selling looks risky. I also found a hidden bullish divergence on the stochastic oscillator in the […]

The currency market is more or less where it was left on Friday after a correction before the long weekend. Today, apart from the excluded Chinese market, there is a holiday in the USA and Canada, so liquidity may not be a strong attribute of trade. On Monday 19th of February, the event calendar is […]

Start your trading week right and compare your broker’s price feed with the Dukascopy Spike Controller’s benchmark interbank price data. Euro/Dollar’s long term average spread is point 41 pips and peak separation has been 1.2 pips. A single trend hasn’t formed so far for this pair and the biggest move was a decline of point […]

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-February 19th 2018

The precious metal has broken out from its descending wedge around 1331.00 and moved higher to create a lower high at 1361.80.The price then dropped back lower to support at 1344.16. Resistance above can be found at 1361.80 and the January high at 1365.30. A break above this resistance targets 1375.50 and 1389.00 with a […]

Description

Trading plan 02/19/2018 The general picture: A weekend in the US, in the pause markets. Last week, the market was led by two factors: The US market showed a turn to growth after a strong corrective decline. In addition, inflation in the US showed acceleration. On a new week: On Monday, it is a day […]

You’re watching this week’s first Daily Trading Signals. Here’s how the interbank sentiment compares with the technical models at 8 AM GMT. Euro/Dollar’s 1 and 4-hour charts both have 4 red signals. Daily range is led by 4 neutrals, but the close to 29% long interbank sentiment is bullish. The Cable’s short term studies are […]

Breaking Forecast 02/19/2018 EURUSD: Waiting for an exit from the range. Gentlemen, be cautious. On Monday, markets in the US will be closed, trading will be sluggish and “narrow” – it is worthwhile to be cautious. Our buying have gone in these footsteps: they were honest stops, the Euro broke through the main levels of […]

Morning Report: 07.00 London This morning, the US dollar continues to recover after a slew of positive data on Friday. Building permits, housing starts, import prices and preliminary UoM consumer sentiment all came in above expectations. The dollar index lifted from near three year lows on Friday and is pushing higher again this morning albeit […]