All our upside targets which we predicted in the previous analysis have been hit. The pair remains in an up trend, backed by its ascending 20-period moving average. The nearest support at 151.55 should limit any downward attempts. In addition, the relative strength index is supported by its rising trend line and is also displaying […]

Our first target which we predicted in the previous analysis has been hit. NZD/USD is expected to trade with a bullish outlook. The pair accelerated on the upside, and now remains supported by its rising 20-period and 50-period moving averages. The relative strength index is bullish but has not yet displayed any reversal signal. In […]

EUR/USD: This pair consolidated from Monday to Wednesday, and then rose massively on Thursday and Friday. The resistance line at 1.2200 has been tested, and it could be breached to the upside (as price aims to gain another 150 pips this week). The outlook on EUR pairs remains outlook for this week. USD/CHF: The USD/CHF […]

Forex Market Reviews: http://thefxlounge.com/#Market-Review -Martin Luther King day in the USA. -Dollar Index hits a 3 year low. -Other majors gain. -The Renminbi makes into Bundesbank reserves. -Aussie inflation may have cooled in December. -Indonesia’s erratic trade data in Dec. -Where are you in the emotional market cycle? The overnight changes and price moves to […]

Wave summary: We have seen a nice impulsive rally of the 1.6518 low and more upside pressure is expected towards 1.7025 on the way higher to 1.7479 and 1.7777. Short-term support is seen at 1.6764 and if broken, we should see a dip lower to 1.6661 before the next turn higher towards 1.7025. R3: 1.6966 […]

Wave summary: The corrective rally from 133.09 spikes just above our upper target at 135.25 and should now be ready to turn lower again for a decline towards 131.11 before another corrective rally is expected towards 134.10. Short-term a break below minor support at 134.79 will be a strong indicator that the corrective rally from […]

Eurozone Published on Thursday, the minutes of the ECB meeting became a form of trigger not only for the Euro, but for most European currencies. Quite unexpectedly for the market, the ECB turned a hawkish rhetoric, announcing that the economy is close to the trajectory of sustainable growth, and inflation has a good chance of […]

Despite the fairly confident reports on retail sales and consumer inflation, the dollar has not yet found the strength to return to the growth trajectory. Retail sales increased by 0.4% in December, the growth was fixed for the fourth month in a row. This is somewhat lower than forecasted, but in this case the negative […]

We’re only a few days into the New Year and central banks made it clear that easy money will start to disappear in 2018. The U.S. dollar fell sharply this past week on the back of comments from the European Central Bank, Bank of Japan and China. Not all of these developments turned into policy […]

We’re only a few days into the New Year and central banks made it clear that easy money will start to disappear in 2018. The U.S. dollar fell sharply this past week on the back of comments from the European Central Bank, Bank of Japan and China. Not all of these developments turned into policy […]

We’re only a few days into the New Year and central banks made it clear that easy money will start to disappear in 2018. The U.S. dollar fell sharply this past week on the back of comments from the European Central Bank, Bank of Japan and China. Not all of these developments turned into policy […]

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- January 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 Weekly financial news by- Binary.com- January 14th 2018

http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 The recent slide in U.S. bond prices is being blamed on the news that China may stop buying U.S. Treasuries. A famous guru says a bond bear market is upon us. But 30-year U.S. T-bond prices topped in 2016, when China was still happy to buy U.S. debt. How come? http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx Learn How the […]

GOLD investing can wait ’til the crash. Right…?   SO EVERYONE thinks the stock market is about to pull back or even crash, but no one is doing a damn thing about it, writes Adrian Ash at BullionVault.   “Many clients we meet are fully invested bears,” reports ever-bearish strategist Albert Edwards at SocGen, “nervously […]

The Canadian and Australian dollars will be in focus next week as the Bank of Canada holds its first monetary policy meeting of the year, while Australian employment and Chinese growth figures will test the aussie’s recent bull run. Other highlights will include inflation data out of the UK and the Eurozone. But the US […]

Oil prices rallied in 2017, with WTI finishing the year more than 12% higher as major OPEC and non-OPEC producers continued their efforts to rebalance the oil market by curbing their supply. Can this pattern persist in 2018, or will US shale producers ramp up their production in the face of higher prices, and take […]

Overview Though the GBP/JPY pair has been trading positively recently, its stability below 152.85 level confirms that bears will dominate in this pair in the short and medium term. Therefore, we will keep the negative suggestion and wait for the pair to gather new negative momentum that allows it to achieve the correctional target at […]

Overview The USD/JPY pair managed to touch our second expected target at 111.00. The pair and has settled near it, falling under the effect of a negative formation that appears on the chart. This supports the chances of breaking the mentioned level and opening the way to extend the bearish wave towards 110.15 as the […]

Overview GOLD price provided clear positive trading to move away from the key support 1,321.49. This supports the continuation of our bullish outlook for the rest of the day. The metal finds continuous positive support by the EMA50. Let me remind you that our next main target is located at 1,357.53, while holding above 1,321.49 […]

Overview Recent trades with Silver are confined within a bullish flag pattern that appears on the chart. This means that breaching 17.15 will activate the positive effect of this pattern and push the price to continue the main bullish trend. Therefore, we believe that the chances are valid to rise even higher in the upcoming […]

We are heading towards weekend, so let’s take a look at the FX Movers and Shakers for 3 PM GMT. Sterling/New Zealand gained ground sharply and the pair has appreciated by a total of 1.3%, which is the day’s biggest move. UK Sterling is having a bullish session and it’s on top of the advancers […]

The CPI data from the US was released in line with market expectations at the level of 0.1% but the fresh reading was lower than the last figure of 0.4%. On the yearly basis, the inflation dropped from 2.2% to 2.1% as expected. The biggest advance in core inflation data was noted in the ex-food […]

AUDCAD penetrated to the upside of the significant falling trend line, which had been standing since May 2015, suggesting a possible trend reversal to the upside. The price has had an aggressive roller coaster ride and on Thursday it touched the daily 200-simple moving average, which acted as resistance. Following the sharp upside movement, the price has eased today after failing to end the day above the 38.2% Fibonacci retracement level from the down-leg with […]

USD/JPY is under pressure. The pair tested the support at the key level of 111.00 overnight (January 11). Currently, the pair is off that low but remains capped by the descending 20-period moving average, which stands below the 50-period one. And the relative strength index is yet to recover the neutrality level of 50, showing […]