Overview: The EUR/USD pair has broken resistance at the level of 1.2227, which acts as support now. So, the pair has already formed minor support at 1.2227. The strong support is seen at the level of 1.2063 because it represents the weekly support 3. On the H4 chart, the RSI and the moving average (100) […]

Overview: The GBP/USD pair continues to move downwards from the level of 1.4021. Last week, the pair dropped from the level of 1.4021 to the bottom around 1.3764. But the pair rebounded from the bottom of 1.3764 to close at 1.3860. Today, the first support level is seen at 1.3825, the price is moving in […]

Wave summary: The ongoing correction in the wave ii has taken the long road and should be close to completion. We could still see a final spike lower to 1.6824 before completing the wave ii and setting the stage for a new impulsive rally in the wave iii towards 1.7479 on the way towards 1.7777. […]

Wave summary: We expected EUR/JPY to develop into an expanded flat, but this was proven wrong and instead the wave c of a simple zig-zag correction moved lower to support at 132.19 before turning higher in what is expected to be an x-wave. If this is correct then resistance at 135.85 should be able to […]

The last chance for the bulls to resume the bullish bias in the index lies at the 90.63 level, where a breakout should open the doors to visit the 91.75 zone. However, we’re still following the bearish idea, as the level of 89.36 remains as a critical area across the board and if it gives […]

GBP/USD already broke to the downside in order to post another fresh low across the board. Below the 200 SMA at the H1 chart, the pair remains under pressure and it seems that we could expect a breakout of the 1.3753 level that should take it towards the 1.3604 zone. MACD indicator is entering the […]

Today the Eurozone & the US will not release any Economic Data, so, amid this fact, EUR/USD will move in a low volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.2324. Strong Resistance:1.2317. Original Resistance: 1.2305. Inner Sell Area: 1.2293. Target Inner Area: 1.2264. Inner Buy Area: 1.2235. Original Support: 1.2223. Strong Support: […]

Today, Japan and the US will not release any Economic Data. So there is a probability the USD/JPY will move with a low volatility during this day. TODAY’S TECHNICAL LEVEL: Resistance. 3: 109.24. Resistance. 2: 109.03. Resistance. 1: 108.81. Support. 1: 108.55. Support. 2: 108.34. Support. 3: 108.12. Disclaimer: Trading Forex (foreign exchange) on margin […]

The protracted period of growth of stock Indices is over. The last correction which was two years ago have passed and since last year, the market has not grown much on real recovery indicators as opposed to expectations. The reason for the fall, however, is quite rational and it lies in the fears about the […]

Boris and Kathy Forex Weekly 12-02-2018. Is the sell-off in the U.S. equity markets a healthy correction or the beginning of a crash? It’s too early to tell but what is unambiguously clear is that whenever there’s a global equity market sell-off, the U.S. dollar and Japanese Yen are the best performers.  Read Full Article: […]

Boris and Kathy Forex Weekly 12-02-2018. Is the sell-off in the U.S. equity markets a healthy correction or the beginning of a crash? It’s too early to tell but what is unambiguously clear is that whenever there’s a global equity market sell-off, the U.S. dollar and Japanese Yen are the best performers.  Read Full Article: […]

Eurozone The Euro makes weak attempts to stay above 1.22, but success is possible only if the wave of panic in the stock and debt markets goes down, taking the form of correction, although deeper. On Wednesday, the consumer inflation index will be published in Germany in January. It is expected to show a decline […]

Boris and Kathy Forex Weekly 12-02-2018. Is the sell-off in the U.S. equity markets a healthy correction or the beginning of a crash? It’s too early to tell but what is unambiguously clear is that whenever there’s a global equity market sell-off, the U.S. dollar and Japanese Yen are the best performers.  Read Full Article: […]

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 Weekly financial news by- Binary.com-February 11th 2018

On the face of it, it looks that the upcoming week will lack events of similar magnitude to the one we just experienced – for example, the Bank of England meeting and subsequent press conference by Governor Carney. Still, there are releases that have the capacity to keep investors on edge and lead to notable […]

This week, the focus among traders was about volatility. As you recall, a common theme among investors in the past year has been about the lack of volatility in the market. During the year, the CBOE VIX index, also known as the fear index, was on historic lows. On Friday last week, all this changed […]

The classic narrative that safe havens rally when stocks plunge is on shaky legs right now. While major US equity Indices have dropped roughly 10% in a matter of days, GOLD has actually moved lower over the same period, leaving most investors puzzled. Why has gold’s response been so muted, and what do the cards […]

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. […]

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 09th 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 09th 2018

The US 30 Index attempted to rally on Tuesday but spent Wednesday and Thursday forming a Head and Shoulders pattern that triggered in the final hours of yesterday’s session. This is shown on the chart with the head and shoulders tops marked in red boxes and the neckline in blue. As the market sold off […]

GBPJPY has plunged sharply lower since Wednesday, almost reaching a two-month low near the 150.00 strong psychological level. Meanwhile, the price has been developing within an upward sloping channel since September, while in the short term technical indicators support a bearish picture. From the technical point of view, the market could increase negative momentum in the short term. […]

The stock market sell-off again starts in the same place – the VIX volatility index jumped over thirty points on Thursday, which became the catalyst for the next drop. On the currency market, we have a mix of abandoning the winnings of January’s trade with the escape to safe havens. USD, JPY and CHF are […]

The Bank of England has unanimously voted to keep rates on hold, but it caught markets off-guard with its surprisingly bullish outlook for the economy and interest rates. The statement indicated that interest rates may be raised earlier and faster than expected in November forecasts. BoE sees three hikes in the horizon of the forecast […]