Thursday brings the latest update on Euro Zone inflation, so let’s take a closer look with the Economic Calendar. But first, there’s the closely watched Swiss third quarter GDP data, which is out at 6:45 AM. The second quarter growth was the strongest in 3 quarters, boosted by manufacturing, finances and hospitality industry. German Retail […]

The BITCOIN (BTC) has been trading upwards. As I expected, the price tested the level of $10.922. With all eyes on bitcoin’s meteoric break of $10,000, less attention has been paid to the price milestones recently established on leading international markets. In recent weeks, the CAD, AUD, NZD, and SGD pairings also surpassed $10,000, whilst […]

The EUR/USD pair has dropped as discussed and expected earlier. Another probable scenario is discussed below as an alternate count. The rally from 1.1550 levels could be considered as wave 1 and hence a 3 wave corrective drop could be expected at least towards 1.1700 levels before turning higher again. Hence the trade setups should […]

GOLD PRICES dropped on Wednesday as new data said the US economy expanded 3.3% per year between July and September, its fastest pace since 2014.   Falling from its 6th attempt above $1296 so far this week, the gold price lost $10 per ounce against a rising US Dollar while Silver and platinum fell sharper […]

The morning session is over on this Wednesday, so let’s see how things have been shaping up for the market players. Euro/Dollar’s rise was followed by a decline, which has taken rate back near the opening level. Turnover is high and neutral sentiment of the traders is at an even balance. Both of the equal […]

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 29th, 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- November 29th, 2017

AUD/USD has been quite bearish recently rejecting off the dynamic level of 20 EMA after bouncing off from 0.75 support area. Despite the recent dovish economic reports and events, USD has been stronger than AUD which does explain the severe weakness of AUD in comparison to other currencies in the market. Recently FOMC Member Kaplan […]

Asian equities didn’t seem much affected by a North Korean intercontinental ballistic missile launch (ICBM) that landed in the Sea of Japan, the first such launch in more than two months. The Japanese Nikkei 225 and the Topix Indices finished higher by 0.5% and 0.8% respectively. Hong Kong’s Hang Seng lost 0.2% and the Shanghai […]

USD/CAD has been quite corrective recently even though USD has been quite weak due to recent dovish economic reports and events. Recently CAD has been struggling with the gains having lower Oil prices along with worse economic reports published. Today on the USD side, Prelim GDP report is going to be published which is expected […]

Find out what news events have influenced the spread levels during the last 24 hours by watching the Dukascopy Spike Controller. Euro/Dollar’s long term average spread is point 29 pips and maximum separation has been point 8 pips. The pair declined by a total of point 62% or 74 pips, but it has since rebounded […]

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…

EURJPY has a more positive bias today after breaking above the shorter-period moving average (20-MA) on the 4-hour chart. There was a bullish crossover of the 20 with the 50-period MA. The pair’s failure to make a sustained break below the bottom of the medium-term range at 131.50 has kept the market neutral in a […]

USD/JPY is expected to trade with a bullish outlook. the pair keeps trading on the upside while approaching the overhead resistance at 111.70 (around the high of November 27). Extra support is provided by the ascending 20-period moving average, which stands above the 50-period one. Meanwhile, the relative strength index is well directed in the […]

EUR/JPY is still residing at the lowest part of the range between 131.40 to 134.40 area whereas a bearish breakout is quite imminent. EUR and JPY have been quite mixed with the economic reports recently which lead the price to be indecisive, yet JPY has been the dominant currency in the pair. Today, JPY Retail […]

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 Pound rallied on foreign exchange markets on reports that the UK and the EU had agreed on a Brexit bill while the US dollar and risk sentiment more generally were helped by the passage of the Republican tax cut package through a Senate committee. These developments helped markets shake off worries about a new […]

USD/CHF is expected to trade with a bullish outlook. The pair is heading upward within a bullish channel. Both the 20-period and 50-period moving averages are turning up and should confirm a positive outlook. Besides, a strong support base at 0.9815 has formed and should allow for a stabilization. On the U.S. economic data front, […]

Our first downside target at 147.25 which we predicted in yesterday’s analysis has been hit. GBP/JPY is expected to trade with a bullish outlook. The pair remains on the upside, backed by its rising 20-period and 50-period moving averages. The relative strength index is above its neutrality area at 50 and lacks downward momentum. In […]

The price is now testing major support at 0.6885 (Multiple Fibonacci retracements, horizontal overlap support, ascending channel support) and we expect a break of this level to trigger a strong bearish drop towards 0.6823 support (Fibonacci retracement, horizontal swing low support). RSI (34) is starting to see multiple bearish exits as a precursor to a […]

These are the Main Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar sees 5 bullish signals in the short-term. The mid and long-term scales turn neutral with 5 studies each, but the interbank is bullish at more than 15% long, matching the 1-hour studies. There’s […]

These are the Main Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar sees 5 bullish signals in the short-term. The mid and long-term scales turn neutral with 5 studies each, but the interbank is bullish at more than 15% long, matching the 1-hour studies. There’s […]

These are the Main Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar sees 5 bullish signals in the short-term. The mid and long-term scales turn neutral with 5 studies each, but the interbank is bullish at more than 15% long, matching the 1-hour studies. There’s […]

The price is finally starting to bounce up nicely and a bullish exit has triggered further strength for a push-up. We remain bullish looking to buy above major support at 111.11 (Fibonacci retracement, Fibonacci extension, horizontal overlap support, Elliott wave structure, bullish divergence) for a corrective bounce up to at least 112.53 resistance (Fibonacci retracement, […]

NZD/USD is expected to trade with a bearish outlook. The pair has clearly reversed down and is likely to post a new decline. A bearish cross between the 20-period and 50-period moving averages has just been identified, which should confirm a negative outlook. Last but not least, the relative strength index is heading downward, calling […]