Today, the Bureau of Labor Statistics (BLS) released its latest data on the country’s inflation. The data showed that the US inflation rose by 0.3%, beating the analysts’ consensus of 0.2%. The annualized CPI rose by 1.8% against the expected 1.7%. As a result, the dollar rose against its main peers. The dollar index was […]
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US Open Preview – Dollar holds weak amid debt concerns; European stocks extend gains
Post by admin on February 15, 2018
Here are the latest developments in global markets: Forex: Stronger-than-expected consumer prices on Wednesday failed to support the dollar, pushing it even lower on Thursday despite markets increasing their expectations on the number of rate hikes delivered by the Fed. Investors seem to be cautious as they worry that the US national debt could surge […]
BITCOIN (BTC) has been trading upwards. The price tested the level of $9.909. Seven major crypto companies operating in the UK have announced the formation an independent cryptocurrency trade body. The group, CryptoUK, has stated that its principal aim is to “improve industry standards and engage policymakers.” The technical picture looks overbought. Trading recommendations: According […]
Recently, the EUR/USD has been trading upwards. The price tested the level of 1.2510. Anyway, according to the 30M time-frame, I found that the price failed to test a pivot resistance 1 at 1.2515, which is a sign that buyers lost power. I also found a hidden bearish divergence on the stochastic oscillator, which is […]
Recently, the USD/JPY has been trading downwards. The price tested the level of 106.17. Anyway, according to the 30M time-frame, I found a falling wedge pattern in creation, which is a sign that selling looks risky. I also found a hidden bullish divergence on the moving average oscillator and a morning start candle formation, which […]
This is the Dukascopy Spike Controller, where we help you get the best deals from your broker. Euro/Dollar’s daily average spread is point 37 pips and peak of a considerable 20.6 pips took place yesterday. The pair has appreciated by almost 2% or 235 pips to break through the key psychological level of 1 25. […]
The seven largest cryptocurrency companies in the world joined forces to create CryptoUK, the first of its kind, a trade association whose aim is self-regulation in the British digital currency industry. CryptoUK consists of global trading platforms and cryptocurrency services: Coinbase, eToro, CryptoCompare, CEX.IO, BlockEx, CoinShares and CommerceBlock. CryptoUK intends to work with the UK […]
Forex News: 15/02/2018 – Dollar sell-off continues; no respite from strong US inflation
Post by admin on February 15, 2018
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…
Forex News: 15/02/2018 – Dollar sell-off continues; no respite from strong US inflation
Post by admin on February 15, 2018
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-February 15th 2018
Technical Analysis 15/02/2018 – USDCHF remains bearish inside descending channel
Post by admin on February 15, 2018
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…
European Open Preview – Dollar slides while stocks climb; jobless claims and IP gathering attention in the US
Post by admin on February 15, 2018
Here are the latest developments in global markets: Forex: The dollar index fell 0.4% on Thursday, extending the significant losses it posted on Wednesday in the aftermath of the US CPI and retail sales data. STOCKS: US markets finished the day notably higher yesterday, erasing earlier losses, despite the stronger-than-anticipated US inflation prints for January. The NASDAQ […]
Trading plan for 15/02/2018
Post by admin on February 15, 2018
The growing stock market Indices and the weaker USD sentiment remained on the Asian part of the session. USD/JPY deepens declines, and comments from the Japanese government do not bother. Data from the Australian labor market fell short of expectations, although with a deeper analysis they are not too good. The liquidity is limited due […]
The Dollar index bounced off the cloud support after the CPI report yesterday. Initial reaction was in favor of the Dollar but soon trend reversed lower and price broke below the crucial support of 89.60. Red line – resistance trend line The Dollar index broke below the Kumo support once again changing trend to bearish […]
GOLD price reacted negatively after the CPI report yesterday, as Dollar strengthened, but very fast afterwards price reversed upwards and took back all its losses. Price was then trading at the $1,334 resistance are by our Kumo (cloud). As Dollar weakened, Gold price broke above next resistance at $1,344 and moved back above the $1,350 […]
Morning Report: 07.00 London This morning, the Japanese Yen has hit 15 month highs against the US dollar, sending the USD/JPY spiralling. This came despite bigger than expected US inflation data that sent Treasury yields sharply higher. The USD/JPY is now down 2.22% on the week, with the yen pairs generally nursing hefty losses on […]
Find out how the interbank compares with the technicals at 8 AM GMT by watching the Dukascopy Daily Trading Signals. Euro/Dollar’s 1 and 4 hour models are predominantly bullish, but outlook is mixed in the long term. Interbank sentiment is almost 30% long, in line with the short and mid term signals. Pound/Dollar’s outlook is […]
Breaking forecast 02/15/2018
Post by admin on February 15, 2018
Breaking forecast 02/15/2018 EURUSD: Attempting a breakthrough. Our position on buying the Euro from 1.2395 opened yesterday and closed the deal with profit this morning: Valentine’s Day and US inflation news did not disappoint us. Inflation data in the US showed an increase to + 2.1% annually – it is important that inflation became above […]
Trading Plan for EUR/USD and US Dollar Index for February 15, 2018
Post by admin on February 15, 2018
Technical outlook: The EUR/USD weekly chart has been displayed here with partial labeling for a bigger picture review. Please note that the pair is heading towards a major resistance zone as depicted here and we are watching for a bearish reversal around those levels 1.2600/2700 on the top side. Also note that a 10 year […]
US Inflation data was released yesterday, with the initial reaction seeing USD pairs strengthen and Equities selloff. However, once the first 15 minutes had passed, post data, the trend reversed and the USD weakened further while Equities were short squeezed and bid higher. The US 500 Index dropped from 2672.90 to a low of 2627.7 […]
Technical Analysis – USDJPY edges sharply lower below symmetrical triangle; records fresh 15-month low
Post by admin on February 15, 2018
USDJPY dipped sharply lower on Wednesday, while it posted the third red day in a row and created a new 15-month low of 106.29 during today’s Asian session. The aggressive bearish rally started after the fall below the 50.0% Fibonacci retracement level near 108.80 of the up-leg with the low of 98.96 and the high […]
Wave summary: EUR/NZD has failed to rally, which could indicate a more complex correction is unfolding. If this is the case, the more downside pressure towards 1.6775 can not be excluded before the next impulsive rally higher. In the short term, only a direct break above minor resistance at 1.6972 will ease the downside pressure […]
Wave summary The corrective structure is turning more complex, but we continue to look for a spike into the 134.73 – 135.35 target area, before the next larger decline to 131.20 on the way lower to the ideal (E) wave target at 123.43. In the short term, a break above the minor resistance at 133.39 […]
The Dollar falls as the GBP. EUR & YEN gain. Chinese New Year begins , Tillerson visits Turkey.
Post by admin on February 15, 2018
Forex Market Reviews: http://thefxlounge.com/#Market-Review – Chinese New Year begins -GBP. the EUR and the Yen all post solid gains vs the USD. -Wage growth and inflation fears appear to recede in FX markets. -Cryptos post double-digit rallies. -Rex Tillersons begins a tricky visit to Turkey. -The Job skills for the future. The overnight changes and […]
Our first downside target which we predicted in the yesterday’s analysis has been hit, and the price is moving towards the second target which we highlighted yesterday. The pair keeps breaching the lower Bollinger band while being capped by a declining trend line drawn from 107.90 (the high of yesterday, February 14). Extra resistance is […]
