We’ve reached midpoint of this week’s final trading day, so let’s have a look at how traders have performed. Euro/Dollar has given up some of the recent gains to stand point 11% in the red at noon as it moved slowly South. Turnover is high and neutral sentiment of the traders is leaning towards the […]

Here are the latest developments in global markets: Forex: December’s preliminary inflation figures out of the Eurozone offered little to the Euro as the price measures came in line with expectations on a yearly basis and slightly weaker relative to the month before. However, the region’s producer prices surprised to the upside, providing some support to the common currency, which consolidated near four-week highs versus the greenback. Euro/dollar parked at […]

When the European market opens, some economic data will be released such as Italian Prelim CPI m/m, PPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, and Retail PMI, as well as French Prelim CPI m/m and German Retail Sales m/m. The US will publish some macroeconomic reports too: Factory Orders m/m, ISM […]

The total market capitalization of all cryptocurrencies made new all-time highs of over $700 Billion. The growth in the overall market cap has been boosted by rises in altcoins as demand for BITCOIN (BTC) has been waning recently. Although the mainstream media continues to report on Bitcoin, there is a power shift following extraordinary price […]

Japan will release the Monetary Base y/y and the US will reveal some Economic Data such as Factory Orders m/m, ISM Non-Manufacturing PMI, Trade Balance, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m . So there is a probability the USD/JPY pairwill move with medium to high volatility during this day. TODAY’S TECHNICAL […]

Don’t let your broker take you for a ride on this week’s last trading day by watching the Dukascopy Spike Controller. All three averages are South of the point 3 pip level for the Euro/Dollar. Peak separation has been 1.2 pips. The pair rose yesterday by point 4% or 48 pips, but most of the […]

The index continues to find resistance at the 92.10 level as an effort to resume the bearish bias, but corrective moves are not discarded yet at this stage. If the support zone of 91.68 gives up, the next leg lower should go as long as the 91.13 level. The MACD indicator remains in favor of […]

All you technophobes, be afraid, be very afraid, the new series of Black Mirror is out and it’s absolutely mental… as you would expect! You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#231430 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: […]

WTI Crude Oil’s bullish rally was eventually stopped during Thursday’s trading session, near the fresh high of 62.18 resistance level. The price structure in the short to medium-term time frame is higher peaks and higher troughs above the ascending trend line, drawn from the low of June 21. If buyers drive oil well above the 62.18 barrier, then the […]

GBPJPY extended its rally and successfully breached strong resistance at 153 to hit its highest level since mid-2016 at 153.51. The short-term bullish bias remains intact, however, there is some risk of a pullback since the market has become overextended. Both RSI and the stochastic indicators are now in or close to overbought levels on […]

Here are the latest developments in global markets: Forex: The dollar index traded 0.1% higher during the Asian trading session Friday, after posting notable losses on Thursday. STOCKS: The three major US equity Indices – DOW Jones, S&P 500, and NASDAQ Composite – closed at fresh records again yesterday, with the Dow finishing above the 25,000 […]

The pair has been moving in a corrective phase around the middle band of Bollinger bands. The nearest support lies at 1.3470, where the 200 SMA is located on the H1 chart. If GBP/USD makes a breakout of the 1.3589 level, then it can go towards the psychological zone of 1.3700. To the downside, a […]

These are the Primary Daily Trading Signals for Friday. Here’s how the technicals compare with the interbank at 8 AM GMT. All three time ranges bring different results for the Euro/Dollar, which is mostly bearish in the short-term. The mid-term brings 4 neutral models, and the daily outlook is overwhelmingly bullish with 7 studies, matching […]

The year started on a high note for stocks and commodity investors. Crude Oil is currently trading at a three-year high and the American stock market continues to break records with the S&P trading above $2,700 and the DOW trading above $25,000 for the first time. Today, investors were eying United States jobs numbers from […]

Morning Report: 07.00 London This morning, the US dollar has a positive bias, but the damage was done yesterday as tax cut optimism reversed. This was good news for dollar pairs has they climbed across the board. The NZD/USD led the pack with solid gains, while the AUD/USD continued its winning run. The latter is […]

The Dukascopy TV team is here with this week’s last Support and Resistance Report. Euro/Dollar has the closest levels of 1 2080 in resistance and 1 2050 in support. R1 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band, a 2 year high and 5 other studies, whereas the other two resistance […]

Australian Trade Balance for November came in very wide of the mark at -628M v an expected 915M. The previous reading was revised down to -302M from 105M. This was the second month in a row where there was a substantial miss to the downside. AUDUSD moved lower from 0.78679 to 0.78429. Eurozone Markit Services […]

USDCAD is looking weak after falling out of a 2-month range. Prices broke below key support at 1.2500 although appear to have stabilized for now just below this level. The daily RSI is in bearish territory but has turned neutral in the short term, very close to oversold levels. Looking at the bigger picture, USDCAD […]

The BITCOIN price is still struggling to break above the $15,500 price area and has been rejected off it several times. Though bigger corporations take interest in and invest in bitcoin, but still it is lacking the liquidity and market flow needs to push it higher impulsively. Additionally, the introduction of bitcoin futures that lets […]

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. […]

BITCOIN (BTC) has been trading sideways at the price of $14.500. Two major Chinese cryptocurrency exchanges have delayed their launches in South Korea due to uncertainties surrounding the government’s regulation. The regulators are currently working on a real-name identification system that will end the anonymous trading of cryptocurrencies in the country. Technical picture looks bearish. […]

Overview The GBP/JPY pair did not show any big moves until this moment by settling below 152.85 levels that continue to block the bullish attempts. Thus, the price will remain affected by the sideways bias domination until the required breach that will confirm rallying towards more targets that reach 154.45 followed by 155.90. We remind […]

Overview The GOLD price rebounds bearishly clearly after touching the key resistance 1,321.49 on its way to test the key support base 1,299.20. Stochastic approached the oversold areas. The EMA50 meets the mentioned support to add more strength to it. Therefore, these factors support our expectation for the bullish trend in the upcoming sessions. A […]

All you technophobes, be afraid, be very afraid, the new series of Black Mirror is out and it’s absolutely mental… as you would expect! You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#231430 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: […]

All you technophobes, be afraid, be very afraid, the new series of Black Mirror is out and it’s absolutely mental… as you would expect! You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#231430 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: […]