You’re watching the Main Daily Trading Signals for Monday. Here’s how the technicals line up with the interbank at 8 AM GMT. Euro/Dollar is overwhelmingly bullish in the short-term. The mid-term is split between green and neutral models, and the long-term sees 5 sell prompts but, in contrast, the interbank is neutral at less than […]

Last week, a mixture of economic data and politics pushed the stock market higher with the DOW and the S&P reaching an all-time high.Economic data showed a strengthening job market.  Non-Farm payrolls of 216K beat the expected 200K while the unemployment rate remained steady at 4.1%. On politics, investors focused on Washington where the conference […]

EURUSD’s recent decline has paused around the 50-day moving average. Downside pressure has eased for now but the medium-term neutral phase that started a few months ago remains intact. Looking at the daily chart, EURUSD was falling for five consecutive days and breached the 50-day MA before pulling back. Immediate resistance is expected at 1.1791 […]

In Asia, Japan will release the Prelim Machine Tool Orders y/y, M2 Money Stock y/y, and BSI Manufacturing Index. The US will release some Economic Data as well such as 10-y Bond Auction and JOLTS Job Openings. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. […]

With no impactful economic data releases on the calendar today, the markets are focusing on a plethora of Central Bank meetings scheduled this week. Wednesday, December 13th at 19:00 GMT will see the US Federal Reserve release its quarterly economic projections and the Federal Open Market Committee (FOMC) release its statement. The markets have been […]

Good morning, traders, you’re watching this week’s first Support and Resistance Level Report. Euro/Dollar has the closest levels of 1 18 in resistance an 1 1770 in support. Standing at a 100 day moving average, R1 sees 9 confirmations, while R2 counts a 20 day moving average among its 6 models. Bollinger Upper Band is […]

Price has broken a key level of support triggering our bullish move. We look to buy above major support at 113.11 (Fibonacci retracement, horizontal overlap support) for a push up to at least 113.90 resistance (Fibonacci retracement, horizontal swing high resistance).Stochastic (34,3,1) is showing major resistance at 96% so we expect a retracement first to […]

Price has been dropping strongly from last week. We look to buy above major support at 1.1712 (Fibonacci retracement, horizontal swing low support, Fibonacci extension area) for a push up to at least 1.1811 resistance (Fibonacci retracement, horizontal overlap resistance).Stochastic (55,3,1) is seeing strong support above 1.8% and has good upside potential. Buy above 1.1712. […]

Forex Market Reviews: http://thefxlounge.com/#Market-Review -Chinese PPI & CPI data for Nov slows down. -A new boss for the RBNZ – the market likes it. -Iceland’s credit rating thaws out. -Green Monday for US consumers. -Is 2018 as good as gets? The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren […]

Join internationally recognised market experts Boris Schlossberg & Kathy Lien during the release of the US Non Farm Payrolls. In this unique session, you’ll get instant analysis of the numbers and an expert view on how the key data release will impact markets. – Learn why Non Farm Payrolls (NFPs) is the most important FX […]

Eurozone The Euro area economy continues to expand at a steady pace, GDP growth in Q3 was 0.6%, at an annual rate of 2.6%, preliminary data was revised upwards, which is consistent with the overall economic trend. Growth is primarily due to increased investment and exports. Despite the fact that household expenditures have decreased somewhat, […]

A contradictory report on employment in the US economy, published on Friday, did not allow the dollar to continue its rise. The number of new jobs in November rose more than expected, recording an increase of 228, 000, which exceeded the average forecast of 195, 000. Also, the average working week increased from 34.4 to […]

With four monetary policy announcements, the European Union’s Summit and a U.S. tax conference it will be crunch time for the Forex market this week. Each and every one of these events could trigger big moves in currencies, but when they are all scheduled during a week with major news releases such as US retail […]

With four monetary policy announcements, the European Union’s Summit and a U.S. tax conference it will be crunch time for the Forex market this week. Each and every one of these events could trigger big moves in currencies, but when they are all scheduled during a week with major news releases such as US retail […]

With four monetary policy announcements, the European Union’s Summit and a U.S. tax conference it will be crunch time for the Forex market this week. Each and every one of these events could trigger big moves in currencies, but when they are all scheduled during a week with major news releases such as US retail […]

With four monetary policy announcements, the European Union’s Summit and a U.S. tax conference it will be crunch time for the Forex market this week. Each and every one of these events could trigger big moves in currencies, but when they are all scheduled during a week with major news releases such as US retail […]

With four monetary policy announcements, the European Union’s Summit and a U.S. tax conference it will be crunch time for the Forex market this week. Each and every one of these events could trigger big moves in currencies, but when they are all scheduled during a week with major news releases such as US retail […]

With four monetary policy announcements, the European Union’s Summit and a U.S. tax conference it will be crunch time for the Forex market this week. Each and every one of these events could trigger big moves in currencies, but when they are all scheduled during a week with major news releases such as US retail […]

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 10th, 2017

If BITCOIN really is like GOLD, watch out…!   NEW YEAR’s DAY 1975 marked a huge turn in the gold market, writes Adrian Ash at BullionVault.   Forty years after banning it, the US government at last let private citizens own bullion.    Coin shops and banks knew how big this was. So they raced […]

Numerous central banks are scheduled to meet to set monetary policy next week. This includes the Federal Reserve, probably the world’s most closely watched central bank. It is also the one expected to make a move in the direction of policy normalization. Beyond this, major economies will see the release of important data, the UK […]

BITCOIN (BTC) has been trading downwards. The price tested the level of $13,696. Deutsche Bank has issued a market briefing for 2018. The document, created by Chief International Economist Torsten Slok, lists 30 possible threats that could disrupt global markets next year. Alongside entries like “North Korea” and “Brexit”, is bitcoin. Its inclusion shows the […]

The last day of the trading week is coming to an end; let’s see what’s been moving and shaking in the Forex markets. Pound/New Zealand started moving lower after 7 AM, losing more than 1%, and it was the biggest move of the day. Chinese imports grew more than expected in November, which has proved […]

This week, BITCOIN continued its incredible run. Last week, the talk was how it crossed the psychological price of $10,000. As of this writing, it is currently trading at $16,000. The upward moves come as CBOE plans to list Bitcoin futures a move that has been criticized by top banks. The next big step for […]

GOLD and Silver prices steadied above 5-month lows versus the US Dollar in London trade Friday, rallying into the weekend as global stock markets rose.   The EuroStoxx 50 index of Europe’s largest corporations added 1.8% for the week.   Commodities edged higher but major government bond prices slipped further from Thursday’s drop, when gold […]