Forex Market Reviews: http://thefxlounge.com/#Market-Review -Dollar weakness, Euro strength. -Bitcoins stellar week. -China A shares at a key point on the chart. -Irish border is a real issue, -Australia’s exposure to its housing market. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. New To forex trading? See Our […]

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The US dollar finished the week with a decline and without compelling reasons to resume growth. Published on Wednesday, the FOMC protocols should not have had a significant impact on the quotes but the markets nevertheless drew attention to the fact that the topic of low inflation in the discussion of current policies caused increased […]

Eurozone The German business climate index from IFO rose in November to a new record high of 117.5%, provoking a sharp demand for the Euro and questioning the market turn in favor of the dollar, which finally began to take shape in recent weeks. A new record is set in the production sector, the trade […]

U.S. dollar bulls have nothing to be thankful for, as it was a short and brutal week for the greenback. The dollar sold off against all of the major currencies, hitting a 2-month low versus the Japanese Yen and a 1-month low versus the Euro, Swiss Franc and sterling in the process. All of the […]

U.S. dollar bulls have nothing to be thankful for, as it was a short and brutal week for the greenback. The dollar sold off against all of the major currencies, hitting a 2-month low versus the Japanese Yen and a 1-month low versus the Euro, Swiss Franc and sterling in the process. All of the […]

Another Brutal Week Ahead for the Dollar? By Kathy Lien, Managing Director of FX Strategy for BK Asset Management U.S. dollar bulls have nothing to be thankful for, as it was a short and brutal week for the greenback. The dollar sold off against all of the major currencies, hitting a 2-month low versus the […]

From Thanksgiving and into the Christmas season In Part 1 this new interview, Robert Kelley, the editor of our U.S. Intraday Stocks Pro Service, tells you what Elliott waves and other technical indicators suggest for U.S. stocks as we go into the holiday season. Editor’s note: In Part 2 of this interview, Robert gives his […]

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 October 26th, 2017

The political crisis in Germany did not prevent the main currency pair from closing the last full week of November in the green territory. The convergence in the monetary policy of the ECB and the Fed has played into the hands of the bulls of the EUR/USD pair. Despite the fact that the European Central […]

Well, everything except precious metals…   IN A WORLD awash with money, what price the last Leonardo da Vinci in private hands? asks Adrian Ash at BullionVault.   Am I bid half-a-billion dollars? Going once, twice…sold!   Last week saw Christie’s in New York sell a painting known as Salvator Mundi for over $450 million […]

Euro bulls pushed the euro to a fresh two-month high during the European session after upbeat readings on German business climate improved sentiment on the Eurozone’s outlook and political risks in Germany eased. The dollar weakened even further amid a strengthening euro, while disappointing PMI readings added further losses to the currency. Business confidence in Germany reached new record […]

Currency markets haven’t been as busy as shops on this black Friday, so how do the 8 majors line up at 3 PM GMT? Euro/Yen is the mover of the day with a gain of point 64%. The pair rose sharply after 1 PM GMT. Economic calendar is light on this week’s last trading day […]

Technical outlook: The EUR/USD pair has pushed higher towards 1.1874 levels until now. Believe it or not, the pair is very close to fibonacci 0.618 resistance as seen on chart view here. The entire drop between 1.2092 through 1.1550 levels can be still defined as a potential leading diagonal (labelled as 5 waves down), terminating […]

Watch our ”Weekly Forex Review and Outlook” to catch up on the past week’s main events and their impact on major currencies and also find out what important economic data will be coming up in the future.

GOLD BULLION slipped against a falling US Dollar on Friday, heading for a 0.3% weekly drop as the US Thanksgiving holidays left world stockmarkets to edge higher and diplomatic tensions worsened further between Turkey and Washington.   With the Dollar dropping again on the FX market, gold trading in London – center of the global […]

After a relatively quiet week, the economic calendar is looking busier for the coming seven days. Manufacturing PMIs will be released in most major economies as the month comes to an end, and inflation measures for the Eurozone, Japan and the United States will also highlight the week. Canada will be in focus too as […]

USD/JPY is under pressure. The pair is under pressure below the key resistance at 111.65, which should limit the upside potential. The U.S. dollar remained subdued as the Euro maintained its strength in face of upbeat euro zone business data and growth in the German economy. As long as this key level is holding on […]

Overview The USD/JPY pair shows slightly positive trading after testing 111.00 level, influenced by stochastic’s positivity. As a result, the pair is losing its bullish momentum clearly and approaching the overbought areas. This supports the chances of a bearsih move with a further correctional bearish bias. Therefore, we still suggest the bearish trend in the […]

Monday, the 27th of November, is not a very busy day in terms of news releases, but let’s take a closer look nevertheless. Well, in fact, there’s just one item on this very short schedule, which is US New Home Sales for October. They are released at 3 PM GMT and are worth a closer […]

Find out if traders have managed to work out the currency rate movements as we reach the midpoint of this week`s last trading day. Euro/Dollar shows limited rate movement – high and low difference measures at only 38 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is 11% […]

Recently, the GBP/USD has been trading upwards. The price tested the level of 1.3331. According to the 15M time – frame, I found that price broke falling wedge, which is a sign that buyers are in control. I also found an oversold stochastic oscillator, which is another sign of strength. My advice is to watch […]

BITCOIN has been consolidating throughout the week after breaking above $8,000 price area. Price has been extremely volatile as well which is currently taken as the impact of the recent Bitcoin wallet hacks. Though Bitcoin is going through some tough challenges right now but it has proved its strength by overcoming any drawback several times […]

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 […]

Weekend is just around the corner now, but don`t let your guard down and keep checking how fair your trades are executed by watching the Dukascopy Spike Controller. Euro/Dollar’s long term average and maximum spreads are point 43 and 1.8 pips respectively. Rate movement is mostly flat and the pair rose by point 32% or […]