GOLD PRICES rose against the falling Dollar but held flat or fell versus other major currencies on Friday as the US faced a possible government shutdown over lawmakers’ failure to agree a 2018 budget. Asian and European stock markets shrugged off last night’s drop in New York stocks but major government bond prices slipped […]
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The GBPNZD pair has formed a rising channel in the 1-Hour timeframe, the bottom of which is supported by the chart’s 3 main moving averages, the 50, 100 and 200-Hour MAs. The area is centred just below the 1.90000 support level and round number, with a weak two-touch trend line close by. The next level […]
US Open Preview – Dollar index holds losses on funding bill uncertainty; European stocks hit fresh highs
Here are the latest developments in global markets: Forex: The dollar index remained pressured near three-year lows, at 90.34 (-0.16%), as investors were waiting for US Senators to prevent a potential government shutdown today. Traders were also pricing that the dollar might lose steam versus its peers if other central banks follow the Fed by tightening monetary […]
BITCOIN (BTC) has been trading sideways at the price of $11.750. South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous year. […]
Recently, the GBP/USD pair has been trading sideways at the price of 1.3878. According to the 30M time – frame, I found a successful rejection of pivot resistance 1 at the price of 1.3936 (strong price action resistance), which is a sign that buying looks risky. My advice is to watch for potential selling opportunities. […]
Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.2295. According to the 30M time – frame, I found a successful rejection of pivot resistance 1 at the price of 1.2281, which is a sign that buying looks risky. I also found a hidden bearish divergence on the moving average […]
Intraday technical levels and trading recommendations for EUR/USD for January 19, 2018
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. […]
It’s midpoint of this week’s last trading day, so let’s see how well market players have managed to work out the rate shifts. Euro/Dollar was climbing up for hours, but some of the gains were given up after the daily high was reached. Traded volume is average and neutral sentiment of the traders is just […]
Weekly Forex Outlook: 19/01/2018 – Dollar nurses losses, pound and aussie shine; ECB and BoJ eyed
Watch our ”Weekly Forex Review and Outlook” to catch up on the past week’s main events and their impact on major currencies and also find out what important economic data will be coming up in the future.
The news release schedule is short on Monday, the 22nd of July, so let’s take a quick look. Coming up first at 1:30 PM GMT is the Canadian Wholesale Trade for November. Sales rebounded in October, reversing a 1.1% slip the previous month. New Zealand Performance of Services Index for December follows at half past […]
NZD/USD Intraday technical levels and trading recommendations for January 19, 2018
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 […]
BITCOIN has been quite steady with the gains after bouncing off the $9,200 price area. Despite having a lot of regulatory issues and bans on exchanges, Bitcoin is currently trying to be stable with small gains that is indeed a good sign for the cryptocurrency industry. The uncertainty still exists in the market while market […]
How to link FX community account to trading account. To take full advantage of JCloud, you have to link your current trading account with your FX Community account. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#223071 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: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy […]
AUD/JPY has been quite impulsive with the bullish gains recently. As a result, the price is currently holding at the edge of 89.00 resistance area from where the price is expected to show some bearish intervention. AUD has found suport from better than expected Employment Change report at 34.7 which was expected to be at […]
Tutorial #Chart layers
Chart layers in JForex 3. It is possible to show/hide different layers in the chart at individual level. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#229779 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: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in […]
Tutorial #Chart toolbar
Chart toolbar in JForex 3. Above each chart you have the toolbar. You can change the instrument, period, side and display of chart, switch on out autoshifts and more You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#229798 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: http://www.youtube.com/user/dukascopytvchinese Miren […]
How to arrange the chart in JForex 3. By right click on the chart tab; it opens the menu with several options – undock, untile, arrange, clone, save and more You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#229799 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: http://www.youtube.com/user/dukascopytvchinese […]
How to change default trade parameters in JForex 3. The preferences panel is the main tool available for setting the default parameters of the trading platform. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#228356 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: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en […]
How to use the instruments window in JForex 3. You can search by symbol inside the main panel in the instrument section. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#227357 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: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen […]
Tutorial #Market depth
Market depth in the JForex 3. Market depth is a tool where you can see the entire bid/ask volume in the SWFX marketplace for each instrument. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#227034 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: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en […]
How to set OCO (one cancels the other) orders. In the order tab, select two entry orders that meet the conditions for OCO grouping. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#225501 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: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: […]
Cryptos Rebound Sharply
Our last report on the Crypto selloff was two days ago but two days is a long time in the Crypto market. Following the hefty sell-off that lasted for two days, despite negative news flow, cryptocurrencies made a sharp recovery on Thursday. News headlines from South Korea have continued, ranging from insider-trading accusations to admissions […]
Trading plan for 19/01.2018
Yields of 10-year US Treasury Bonds are rising towards four-year highs, but this does not help the US Dollar, as the risk of a government shutdown threatens investors. The stock market in Asia drifted close to the Thursday reference point. GOLD is higher a little, Crude Oil is losing 1.3%. On Friday 19th of January, […]
Technical Analysis – EURGBP approaches 38.2% Fibonacci mark; bullish move is expected in short-term
EURGBP appears poised for further losses and slipped beneath the 0.8850 barrier in the prior couple of days. Currently, in the short-term timeframe, the pair is developing between the 38.2% and the 50.0% Fibonacci retracement levels of the last significant upward movement with the low at 0.8690 and the high at 0.8923. The aforementioned levels […]
Technical Analysis – WTI crude oil futures maintain weak upside bias in near-term; broader trend is bullish
WTI Crude Oil futures have traded lower in the prior three days following the pullback on the fresh three-year high of 64.80. When looking at the bigger picture the price is endorsing the scenario for further gains, however, in the short-term timeframe a bearish correction is possible. The price slipped below the 161.8% Fibonacci retracement […]