The House of Representatives voted on the Tax Bill early Tuesday local time. The Tax Bill was passed by a margin of 24 votes, with 227 Yay and 203 Nay. A procedural issue during the vote means the House has to vote on the Bill a second time, as the Bill passed by the house […]

Here are the latest developments in global markets: Forex: The dollar was not much changed versus other major currencies as trading is getting thinner ahead of the Christmas holidays and as the House of Representatives is anticipated to cast a final vote in favor of tax reforms later in the day. STOCKS: European equities were […]

Trading plan 12/20/2017 The general picture: the ranges before the news. Markets will receive the last portion of news on December 21-22 (data on US GDP, inflation). It is also important what prospects investors see in 2018. At the moment, there is an opinion that the Euro will continue to rise in the first half […]

Burning Forecast 20/12/2017 EURUSD: Buy from 1.1865 with a breakout towards the top. There are no notable events in the market: Therefore, we do not see strong movements in major currencies. The news will be released on December 21 and 22 – the last notable news ahead of the Christmas holidays. The decisive factor may […]

EUR/JPY has been quite bullish this week residing inside the corrective range of 131.40 to 134.40. EUR has been quite impulsive with the recent gains against JPY. EUR found support from the eurozone’s upbeat economic reports whereas JPY is struggling to gain sustainable momentum. Today, Japan’s All Industry Activity report was published with an increase […]

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- December 20th, 2017

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- December 20th, 2017

Check how fair your trades have been executed on this Wednesday by watching the Dukascopy Spike Controller. Spreads have averaged at point 29 pips during the past 24 hours for the Euro/Dollar. Peak separation has been 1.1 pips. The pair has made some gains, appreciating by a total of point 46% or 54 pips from […]

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

In the past two years, the developed countries have seen several elections. In 2016, all investors were talking of the U.S. election which came after the Brexit vote. This year, we saw an embarrassing election in the United Kingdom which Theresa May called to improve her powers during the Brexit negotiations. Instead of winning the […]

Sterling staged a modest recovery in 2017, on the back of a rate hike by the Bank of England and some noteworthy, albeit slow, progress in the Brexit talks. Even though monetary policy has been supporting the currency in recent months, it is an open question whether this will remain the case moving forward. Moreover, […]

EURJPY remains in a 3-month neutral phase but in the short-term the pair is bullish. On the 4-hour chart, the market is testing key resistance at 134 which is the top of the medium-term range. Near-term upside momentum has faded as can be seen by the RSI turning neutral. EURJPY remains firm but if it […]

The price has started to form a really nice reversal pattern with bearish divergence being formed. We look to sell below major resistance at 86.67 (Multiple Fibonacci retracements, horizontal overlap resistance, bearish divergence) for a push down to at least 84.69 support (Fibonacci extension, horizontal swing low support). Stochastic (55,3,1) is seeing major resistance below […]

The price is now testing major resistance at 113.10 (Fibonacci retracement, Multiple Fibonacci extension, horizontal overlap resistance) and we expect to see a strong reaction from this level to drive the price down to at least 112.08 support (Fibonacci extension, horizontal swing low support, Fibonacci retracement). Stochastic (34,3,1) is seeing major resistance at 98% where […]

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…

For one year, the EUR/NZD pair has been moving higher with lower highs, and higher highs. Part of the reason for this has been the Euro, which has seen significant gains this year. The daily chart below shows the near-perfect channel the pair has had this year. The support and resistance points have been easy […]

Here are the latest developments in global markets: Forex: The dollar was not much changed versus a basket of currencies as markets awaited the House of Representatives to cast a final vote in favor of tax reforms later today. The Euro was roughly flat after receiving a lift from higher German bond yields. STOCKS: The […]

While the US Energy Information Administration and the International Energy Agency scare Oil fans with their forecasts for 2018, the “bulls” in the North Sea variety are building up their net long positions to new highs. According to ICE Futures Europe, by the end of the week on December 12, the figure had already reached […]

Morning Report: 07.00 London This morning, the New Zealand dollar is on the back foot after trade balance and current account date slumped more than expected. The NZD/USD is of by 0.17% this morning. The Euro continues to perform well by contrast, with the EUR/JPY up over 1% on the week and the EUR/USD up […]

These are the Main Daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar sees 4 neutral signals in the short-term. The mid-term is mostly bullish, and the long-term sees a mix of red and neutral models. Neutral at less than 11% long, the interbank confirms the […]

USDX still trades in a sideways range and remains capped by the resistance level of 94.09. The risk to the downside is high and once the level of 93.30 gives up, we will be expecting a leg lower to test the support zone of 92.83. The MACD indicator supports the bearish bias in the short-term, […]

Hello, traders, the Dukascopy TV team brings you another Support and Resistance Level Report. Euro/Dollar has gained some ground and now stands between R1 of 1 1860 and S1 of 1 1830. The lowest resistance line has found 4 matches, and Price Channel Indicator Upper Line is among the 2 studies for R2. A psychological […]

AUDUSD has been neutral since late October and has been capped by the 200-day moving average and supported at the key 0.7500 level. The medium-term downtrend from the 0.8124 peak on September 8 remains in progress and has not shown any signs of reversal. The crossover of the 50-day MA below the 200-day MA is a bearish […]

GBP/USD is finding dynamic resistance once again in the 200 SMA at the H1 chart. The next target to the upside still lies at 1.3444, as the bears are trying to push lower to the pair. Fractals are indicating a possible bullish continuation and if it manages to consolidate above 1.3444, it’s expected to test […]

Overview The GOLD price tested 1,263.15 level. The metal still closes below it on a daily basis, accompanied by stochastic which is reaching the overbought areas now. The chances are still valid to resume the bearish bias in the upcoming sessions. We are waiting until the 1,240.85 level is visited. Therefore, the bearish trend will […]