EURJPY has been trading sharply lower since the previous week, following the pullback from the more than a 2-year high of 137.50. Prices broke below the 133.00 handle over the last couple of sessions in the 4-hour chart and are trading below their moving averages. The bearish picture in the short-term is further supported by […]

Our first upside target which we predicted in yesterday’s analysis has been hit. NZD/USD is expected to trade with a bullish outlook above 0.7285. The pair is supported by an upward trend line since February 8, which confirmed a bullish outlook. The relative strength index is above its neutrality level at 50. A support base […]

Our first upside target which we predicted in yesterday’s analysis has been hit. NZD/USD is expected to trade with a bullish outlook above 0.7285. The pair is supported by an upward trend line since February 8, which confirmed a bullish outlook. The relative strength index is above its neutrality level at 50. A support base […]

South Korea is currently considering a licensing system for cryptocurrency exchanges, which looks like a large turnover of shares after previous information, to prove the ban on stock exchanges. According to the local press agency Business Korea, legislators from the dedicated Working Group on Cryptocurrency, they are exploring the possibility of following New York and […]

The Wednesday’s session in the Forex market in Asia was a bit like the yesterday’s trading in Europe, that is, it left the US Dollar under the pressure of sales. USD/JPY had a temporary spike down under 107, and NZD found power in the inflation expectations. The stock market moves in different directions. Crude Oil […]

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 14th 2018

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 14th 2018

Morning Report: 07.00 London This morning, the US dollar continues to trade on the back foot ahead of today’s US inflation data. The US dollar index is now set to fall for three straight sessions. US retail sales are set to fall by 0.2%. This is helping the dollar pairs to rise again, led by […]

The US stock index is in a holding pattern as we await US Inflation and Retail Sales data at 13:30 GMT today. The market has managed to grind higher and break above its Blue downtrend resistance line and price is positioned below 2670.00. Major resistance on the 4-hour chart is located at 2729.00 but in […]

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Here are the latest developments in global markets: Forex: The dollar index traded 0.2% lower on Wednesday, ahead of key US inflation and retail sales data releases that could determine the currency’s short-term direction.  STOCKS: US markets closed with modest gains on Tuesday, with investors appearing hesitant to take up large positions ahead of the US […]

Let’s find out how the interbank compares with the technicals at 8 AM GMT on this Wednesday. Euro/Dollar’s short and long term indicators are mostly neutral, but the mid term shows mixed results. The close to 25% long interbank is bullish. The Cable has 6 neutrals in both the short and long terms. 5 models […]

Daily Outlook In July 2017, an atypical Head and Shoulders pattern was expressed on the depicted chart which indicated 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, further bearish decline was expected towards 0.6800 (Reversal pattern bearish target). Evident signs of […]

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. […]

The Dollar index briefly fell below the important 89.60 support but is now trading right above that level. The pull back towards the Ichimoku cloud came as we expected and today’s inflation announcement for the US economy will be the main catalyst for what the Dollar will do next. Red line – resistance trend line […]

GOLD price is making higher highs and higher lows. The rice is challenging short-term cloud resistance at $1,334 as we expected. Today’s inflation data announcement will play a decisive role on what Gold will do next. Break out and/or get rejected? Black line – resistance trend line Gold price has broken above the black trend […]

AUDUSD has reversed back up again after finding support at the 0.7755 barrier, near the lower Bollinger Band. The price climbed above the 23.6% Fibonacci retracement level at 0.7826 of the up-leg with the low of 0.6820 and the high of 0.8100 in the medium-term timeframe. Moreover, the downside pressure seems to be weakening, while […]

Trading plan 14.02.2018 The overall picture: The market is waiting for data on inflation in the US. The second week without important news is on the market. The direction of the movement is not very clear. There is an old trend against the dollar. But there are always doubts. Can it be enough already? Against […]

EUR/AUD has been quite volatile with corrective moves below the 1.5750 resistance area from where the price is expected to push lower in the coming days. AUD failed to dominate EUR as expected because of downbeat economic reports published recently. As a result, the market sentiment is in favor of EUR. The mixed economic reports […]

The USD has weakened further overnight as the market awaits important US Data at 13:30 GMT. USDJPY broke down under 107.000, while GBPUSD made another attempt to stay above 1.39000. EURUSD advanced to 1.23900, while GOLD followed suit to reach a high at 1336.80. The US CPI data later is expected to point to an […]

After the panic sales that ended on February 9, stock markets recovered partially, but further growth looks questionable. As it turned out, the markets have accumulated a significant negative potential, which does not allow to support growth, and at the heart of this potential are deep-seated problems of the American economy. FRB San Francisco notes […]

USD/CAD has been struggling at the edge of the 1.26 resistance area from where the price is expected to proceed lower in the coming days. USD was quite impulsive with the bullish gains after the release of the positive Employment Change report but could not sustain the impulsive bullish pressure to break above the 1.26 […]

Technical outlook: The EUR/USD pair might have formed a bottom and terminated into wave 4 of one lesser degree as shown here. The pair is seen to be trading around 1.2370/80 levels for now and looking to carve an impulse. A push through 1.2430/40 levels would confirm that the pair has carved an impulse from […]

Forex Market Reviews: http://thefxlounge.com/#Market-Review –Yen advances to 107.17 USDX remains below 90. -Malaysia Q4 GDP is +5.9% but that’s below the Q3 figure. -New Zealand’s food inflation problem. -Trumps crumbling infrastructure plan. -The most crowded trade. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. New To forex […]

Wave summary: There’s nothing new to add here. We continue to look for a clear break above the minor resistance at 1.7023 and, more importantly, a break above the resistance at 1.7094 confirming that the next impulsive rally higher to 1.7479 is developing on the way higher to 1.7777. Under this count, it’s essential that […]