The Canadian dollar is once again on the verge of breaching the 50% Fibonacci retracement level of its impressive May-September uptrend. The currency has been suffering from the paring back of expectations of additional rate hikes by the Bank of Canada over the coming months, concerns about difficult NAFTA renegotiations and a stronger US dollar. […]

For the second time this year, XM returned to Mexico to provide free on-site education on Forex trading techniques to online investors ready to develop their trading skills. The seminar hosted by XM and presented by the renowned Academia the Mercados was held in Mexico City and in Monterrey this November, welcoming numerous traders who […]

Recently, the GBP/USD pair has been trading upwards. According to the 30M time -frame, I found that price respected the support at the level of 1.3432. I also found oversold conditions on the stochastic oscillator, which is a sign that selling looks risky. My advice is to watch for potential buying opportunities. The upward target […]

Recently, the EUR/USD pair has been trading downwards. According to the 1H time -frame, I found that price made a morning doji candle formation (bullish) and a fake breakout of yesterday’s low at the price of 1.1816, which is a sign that selling looks risky. I also found an oversold condition on the stochastic oscillator, […]

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- November 30th, 2017

This is the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to midday. Euro/Dollar declined by 67 pips and a loss of point 13% was posted at noon as the pair rose from the daily low. Traded volume is average and sentiment of the traders […]

Here are the latest developments in global markets: Forex: The Euro dived to a one-week low versus the dollar and approached a one-month low against the Pound after flash inflation estimates out of the Eurozone inched below expectations in November, whereas the block’s unemployment rate ticked down, hitting fresh multi-year lows. Pound/dollar was on track to post a third straight green […]

A selloff in tech stocks yesterday in the US reverberated into Asia today with the sector underperforming and weighing on major benchmarks. The Nikkei 225 and the Topix, which more broadly gauges Japanese equity performance, finished the day higher by 0.6% and 0.3% respectively. Hong Kong’s Hang Seng lost 1.5% with all industry sectors in […]

After an impulsive rally by more than $2,000 in a day, breaching over $11,000 price area BITCOIN had a drastic fall flushing all the gains on the same day. Bitcoin has been very volatile recently amid impulsive bearish momentum which engulfed all the bullish non-volatile trendy moves at once. It was a bit of a […]

USD/CHF has been quite bullish recently after bouncing off the 0.98 support area. The bullish move was quite corrective in nature showing no impulsive momentum. The pair is currently being held by the dynamic level of 20 EMA as resistance, willing to push the price lower. Today, several positive economic reports were published in Switzerland […]

Daily Outlook A recent bullish breakout above the downtrend line took place on May 22. Since then, the market has been bullish as depicted on the chart. This resulted in a quick bullish advance towards next price zones around 0.7150-0.7230 (Key-Zone) and 0.7310-0.7380 which was temporarily breached to the upside. Recent bearish pullback was executed […]

According to China Central Television (CCTV), Chinese digital currency exchanges allowing peer-to-peer trade between Chinese yuan and cryptocurrencies may violate financial rules. Recalling the significant increase in trading on the OTC market in China as one of the possible reasons for BITCOIN‘s price increase, the program spoke of concerns about this practice. Financial columnist and […]

Dukascopy TV continues to target devious brokers by supplying you with the definitive benchmark spreads stats for this Thursday. Euro/Dollar’s long term average spread is point 28 pips and maximum separation has been 1 and a half pips. Daily high and low difference of 59 pips was posted as the pair gained a half a […]

Don’t rush to blame “cold weather” Those who blame “cold weather” for rising Oil prices should remember that Crude had no problem falling as low as $26 a barrel in Q1 2016…smack dab in the middle of winter. To shed some Elliott wave light on the recent rally in crude we invited our Chief Energy […]

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…

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…

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…

The US dollar index remains inside the bearish channel. The trend remains bearish in the medium term but we have short-term bullish reversal signs. We have been calling a reversal off the 92.50 price area and so far we were correct. Our primary scenario expects a big bounce above November highs. Black lines – bearish […]

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. […]

NZDUSD appears to be carving out a lower top after reversing back down from the November 28 high of 0.6945. The recent corrective move from 0.6780 stalled and downside momentum gained speed, turning the focus back to the downside. Looking at the 4-hour chart, RSI is now in bearish territory below 50, suggesting the downside […]

Here are the latest developments in global markets: Forex: The dollar was firmer against its major peers but headed for a monthly loss as a rising Pound and a stronger Euro capped gains arising from investors’ positive sentiment on the US economy despite ongoing geopolitical tensions in the Korean peninsula. Against the Yen, the greenback […]

As expected, GOLD price got rejected at the upper channel boundary. The break below the black trend line support has given a new short-term sell signal that so far remains in profit as price has fallen towards the lower channel boundary and cloud support. Blue lines – bullish channel Black line – support (broken) Gold […]

Oil in relative peace awaits the decision of the OPEC summit. The GBP, AUD and NZD exchanges received individual reasons for volatility. On the stock market mixed moods. Japanese Nikkei 225 is up 0.6%, but China’s Shanghai Composite loses 0.7%. On Thursday 30th of November, the event calendar is quite busy in important economic releases. […]

Burning Forecast 30/11/2017 EURUSD: Buy for a breakout range. On Wednesday, the Fed issued a Beige Book report: The US economy shows signs of slowing. A slowdown in consumer spending, while economic growth is “very moderate.” The GDP report was released – GDP growth accelerated to +3.3%, but the inflation index for GDP (deflator) is […]

Praised be Jesus Christ, traders, you’re watching the Primary Daily Trading Signals for Thursday. 5 studies point North on Euro/Dollar’s hourly chart, whereas the 4 and 24-hour scales turn neutral with 5 and 6 studies, respectively. Bullish at more than 15% long, the interbank confirms the short-term studies. Next up is the Cable with 6 […]