Forex Market Reviews: http://thefxlounge.com/#Market-Review –BITCOIN falls below $15000. -UK Q3 GDP on the calendar. -Separatists win Catalan elections -Dutch Growth up but slowing. -UK and Aussie stocks in a high, -The contradiction in interest rates. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. New To forex trading? […]

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It’s 3PM GMT, so it’s time to have a look at what’s moving and shaking on the FX market today. Canada/Swissie jumped after hours of flat trading and the pair is up by more than 1%, which is the day’s biggest move. Strong Canadian CPI and retail sales numbers have sent the Loonie Dollar higher […]

There are still a number of market movers right before Christmas, and they are definitely worth a closer look. German GfK Consumer Confidence for January is up first at 7 AM. The December Index stood unchanged at a notably high level; in particular, a slight increase in economic expectations was reversed by a decline in […]

It’s time for the Dukascopy Midday Snapshot where you can find out how the sentiment of the traders compares with the actual rate shifts during the morning session. Euro/Dollar’s session has been slow – high and low difference is just 27 pips and traded volume is low. Neutral sentiment of the traders is almost at […]

EURUSD is trading within a descending move on a long-term timeframe over the last nine years. However, the pair has managed to advance more than 12% so far during 2017 following the rebound from the major support level of 1.0340 – a 14-year low. The world’s most traded currency pair recorded eight bullish months out […]

Here are the latest developments in global markets: Forex: Major currencies were range-bound during the early European session, with the Euro being not much stressed ahead of a regional election in Catalonia. Euro/dollar changed hands at 1.1880 around 1000 GMT (+0.09%), while euro/Yen edged up to a two-year high of 134.86 (+0. 12%).The dollar was […]

The US 100 index is currently trading relatively close to the all-time high of 6,525.00 hit on Monday. The bias in the short-term remains positive as indicated by the Tenkan-sen line being above the Kijun-sen one, despite the index losing some ground in the two days that preceded. However, the stochastics are suggesting that the […]

GOLD price has reached the upper area of my resistance at $1,268 and got rejected as it sharply reversed back towards $1,265. Short-term trend remains bullish as price is making higher highs and higher lows but the wedge pattern formation implies that we should soon see a strong pull back at least towards $1,250. Blue […]

This is the Dukascopy Spike Controller report for Thursday, 21st of December. All three averages are below the point 3 pip level for the Euro/Dollar. Daily max is 1.2 pips. The pair jumped yesterday by a total of point 59% or 70 pips to breach the 1 19 level for a moment. Spreads were slightly […]

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EURUSD surged during the European afternoon on Wednesday and jumped towards the 1.1900 critical handle, almost reaching a three-week high. For the past two weeks, the Euro has been developing within a narrow range between 1.1715 and 1.1862 versus the US dollar and Wednesday’s high was just 40 pips above the range’s peak. Moreover, the […]

When the European market opens, some economic data will be released such as Consumer Confidence. On the US dollar’s front, the US will release a series of macroeconomic reports such as Natural Gas Storage, CB Leading Index m/m, HPI m/m, Final GDP Price Index q/q, Philly Fed Manufacturing Index, Unemployment Claims, and Final GDP q/q. […]

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Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…

NZDUSD is neutral in the short-term after a bullish move from the 0.6800 handle. The trend signals on the 4-hour chart are bullish, defined by a crossover of the 50 SMA above the 200 SMA. The market has now entered a consolidation phase after rising to its highest level since October 20 last Friday at 0.7033. NZDUSD […]

In Asia, the Bank of Japan will announce its Policy Rate decision and make a Monetary Policy Statement. The US will present a series of economic reports such as Natural Gas Storage, CB Leading Index m/m, HPI m/m, Final GDP Price Index q/q, Philly Fed Manufacturing Index, Unemployment Claims, and Final GDP q/q. So there […]

Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video
Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…

Since September this year, the USD/CAD pair has been trying to recover the huge losses it encountered in May when the pair fell from a one hear high of 1.3786. From May, the dollar experienced significant losses not only against the Canadian dollar but also among other currencies as shown in the dollar index chart […]

Here are the latest developments in global markets: Forex: The dollar edged slightly higher versus a basket of currencies but was still trading not far above a two-week low hit yesterday. The US currency continued gaining versus the Yen, being supported by rising Treasury yields. STOCKS: The Nikkei 225 closed down by 0.1% and the […]

Wave Summary: EUR/NZD has rallied nicely. Support is now seen at 1.6865, which ideally will protect the downside for the next impulsive rally higher towards at least 1.7389 and likely even closer to 1.7513 in wave iii of (v). R3: 1.7064 R2: 1.7000 R1: 1.6969 Pivot: 1.6905 S1: 1.6865 S2: 1.6822 S3: 1.6802 Trading recommendation: […]

Morning Report: 07.00 London This morning, the Japanese Yen has a negative bias after the BOJ opted to pass this morning’s meeting without any significant changes. The USD/JPY and other yen pairs are on the rise. The AUD/JPY is continuing to rally in particular, while the AUD/USD slips back. The dollar pairs have a slight […]

On Wednesday, the US Senate approved the tax bill 51 for and 48 against, while the House of Representatives gave it final approval, passing it for the second time in two days after a procedural foul-up forced another vote. The bill passed the House with a vote of 224-201, with no Democrats voting for it […]

You’re watching the Primary Daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT. First up is the Euro/Dollar with 4 neutral models in the short-term. The mid and long-term scales turn bullish with 4 and 6 studies, respectively, but the interbank is neutral at less than 12% […]

Wave summary: The break above resistance at 134.50 told us that wave (D) still is developing and more upside towards the “old” 137.37 target should be expected to complete wave (D) and set the stage for the final decline within the huge triangle consolidation, that has been developing since July 2008. Support is now seen […]

Good morning, traders, you’re watching the Support and Resistance Level Report for Thursday. Euro/Dollar is trading in the range limited by R1 of 1 1880 and S1 of 1 1850. The lowest resistance line sees 3 confirmations, and Price Channel Indicator Upper Line is among the 2 models for R2. R3 counts a psychological level […]