Here are the latest developments in global markets: Forex: The dollar was the worst performer among its major peers during early European trading hours as optimism on the Eurozone’s economic outlook and doubts over the effect of the US tax overhaul pushed the dollar index down to a three-month low of 91.75 (-0.29%). Euro/dollar approached […]

WTI Oil futures are trading at the highest level since June 2015 after rising consistently and breaking above the key 60 mark. Prices were trading sideways since late November between the 56 and 58 handles and a sudden surge higher on December 26 saw the market reach the key 60 level. This acted as strong […]

The weak position of the US Dollar remains at the start of 2018 as the EUR/USD went just above 1.20, improving the 3.5-month peaks. Only Japanese Yen slightly loses to USD, although the exchange rate does not go beyond the Friday fluctuation range 112.50-112.75. AUD, NOK and NZD are higher as well, supported by rising […]

Overview: The USD/CHF pair has broken support at the level of 0.9773 which acts as a resistance now. According to the previous events, the USD/CHF pair is still moving between the levels of 0.9773 and 0.9724. The trend is still below the 100 EMA for that the bearish outlook remains the same as long as […]

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- January 2st 2018

Dukascopy TV Team is back with the first Spike Controller for 2018, so you can keep checking the fairness of your broker as trading resumes. Point 39 pips is the long term average spread for the Euro/Dollar. Peak separation has been 3.4 pips. The pair has surged above the 1 20 level, gaining point 58% […]

EURUSD is completing a tremendous upside movement over the last three days and has appreciated more than 1.4% since December 27. The new year has found the pair extending its upside pressure and opening today’s daily session with a gap up, posting an almost 4-month high at 1.2038. Also, the price opened the door for […]

EURUSD is completing a tremendous upside movement over the last three days and appreciated more than 1.4% since December 27. The new year have found the pair extending its upside pressure and opening today’s session with a gap up, posting an almost 4-month high at 1.2038. Also, the price opened the door for a gaining […]

The Dollar index did not bounce as we expected off the 93 support area. Price broke below support and is making new lower lows. Trend is bearish in all time frames. Next important support is at the summer low of 91. Short-term trend is clearly bearish. Price is below both the tenkan- and kijun-sen (red […]

US Dollar weakened further in the first few trading hours of 2018, slipping against most of the other majors, with the exception of the Japanese Yen. Japanese markets do not reopen until Thursday and therefore USDJPY is in a tight range presently. Switzerland is also on a bank holiday today, reopening tomorrow. Caixin Manufacturing PMI […]

Here are the latest developments in global markets: Forex: The dollar traded lower against a basket of major currencies, with the dollar index touching a 3-month low. STOCKS: Asian markets started the year on a strong footing, with Hong Kong’s Hang Seng being up nearly 1.9%, while China’s CSI 300 was 1.40% higher, possibly boosted […]

GOLD price is in a bullish trend. The upside run above $1,300 was something I did not expect when turning bullish at $1,240. I believed that the bounce would be short lived and price turn lower towards $1,200. I was mistaken. The trend has remained bullish with no reversal sign. Bulls however need to be […]

Morning Report: 07.00 London This morning, the dollar index is starting 2018 as it ending last year – with a decline. The Greenback has broken the October lows, cementing a poor year which has seen losses of 7%, its worse year since 2007. Traders are exercising caution and going with the general negative trend this […]

Hello, traders, let’s find out how the interbank compares with the technicals on this first trading day of the year. There’s green across the table for the Euro/Dollar, which sees 7 buy prompts in the short-term and 6 green models in both the mid and long-term, and the technicals indeed are in line with the […]

Happy New Year, traders, the Dukascopy TV team is right back with this year’s first Support and Resistance Level Report. Euro/Dollar has the closest levels of 1 2030 in resistance and 1 20 in support. R1 is well confirmed with 12 models, including Price Channel Indicator Upper Line, and R2 is a 2 year high […]

GBPUSD has held a neutral bias since late November, trading in a range between 1.3300 and 1.3550. The outlook is neutral as long as the market remains in the resistance zone between 1.3500 and the September 20 peak of 1.3656. Near-term risk is to the upside after GBPUSD bounced off 1.3300, a level that was tested a few […]

GBP/USD has been forming a higher high pattern above the middle band of the Bollinger bands on H1 chart and it’s facing resistance in the 1.3516 level. If the pair manages to break above it, then the next hurdle to overcome should be the 1.3589 zone. However, corrective moves are expected to happen, with a […]

Forex Market Reviews: http://thefxlounge.com/#Market-Review –Euro off to a strong start, as the Dollar weakens. -EZ, UK and US PMI data on the calendar. -India’s manufacturing growth. -Singapore’s Q4 GDP ahead of forecasts. -HK equities boosted by Caixin PMI data. -US Crude Oil above $60 PB on Iranian unrest. -2017 performance heatmap. Any clues for 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- January 1st 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 market outlook by- Binary.com December 31th, 2017

GOLD BULLION prices rose a second year running in 2017, ending December at the highest annual close in US Dollar terms since the peak of 2012.   Having risen 9.1% in 2016 in Dollar terms, gold bullion finished 11.9% higher again in 2017, its strongest gain since 2010 for US investors.   Fixing at $1296.50 […]

BITCOIN (BTC) has been trading sideways at the price of $14.344. The bill for the regulation of cryptocurrencies and initial coin offerings (ICOs) in Russia is ready. It was jointly developed by the country’s central bank and finance ministry. The regulators have shared some details of the bill including how mining activities are to be […]

Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3528. According to the 4H time – frame, I found that the symmetrical tiangle is broken and that selling looks risky. My advice is to watch for potential buying opportunities. The upward targets are set at the price of 1.3550 and […]

Recently, the USD/JPY pair has been trading downwards. The price tested the level of 112.48. According to the 4H time – frame, I found a breakout of upward trendline, which is a sign that buyers lost power and sellers took control. My advice is to watch for potential selling opportunities. The downward targets are set […]

Trade plan 12/29/2017 Overall picture: Trend against the dollar. In the last days of the outgoing year, there is a general trend against the dollar wherein the Euro broke the level of 1.1900. It seems that the Pound is ready to go up to 1.3470 while, both the Swiss franc and the Japanese Yen have […]