USD/JPY is expected to trade with a bullish outlook. Despite the pair posting a pullback, it is still supported by a bullish trend line. A support base at 1.1635 has formed and has allowed for a temporary stabilization. The rising 50-period moving average is also playing a support role. Hence, above 113.70, look for the […]

USD/CHF is expected to trade with a bearish outlook. Despite the pair posting a rebound from 0.9945 (the low of November 2), the upward potential is likely to be limited by the resistance at 1.0005. The declining 50-period moving average is playing a resistance role. On the political ground, U.S. President Donald Trump officially nominated […]

BITCOIN has surged much higher above $7300 today without any retracement as we were expecting it to have. The bullish momentum is quite impulsive in nature which leads to a non-volatile trend without any deeper pullbacks along the way. As of the recent introduction of futures for Digital Currencies, the Bitcoin has found significant push […]

Morning Report: 07.00 London The British Pound is subdued this morning despite the MPC increasing rates by 0.25% to 0.50%. The pound’s slump came because traders had started to price in more rate hikes than now seem apparent. Analysts now expect just two rate hikes before 2020. The EUR/GBP is now up nearly 1% for […]

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…

Dukascopy Forex TV Team brings you the Spike Controller, so you could assess the fairness of your broker on this week`s last trading day. Euro/Dollar’s long term average and maximum spreads are point 27 and 1 pip respectively. The pair spiked yesterday by point 46% or 53 pips, but most of the past 24 hours […]

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 3rd, 2017

Out of Asia, Hong Kong’s Hang Seng added 0.3% with the Shanghai Composite finishing the day lower by 0.4%. Australia’s S&P/ASX 200 advanced by 0.5%. Japanese markets were closed for Culture Day. At 1001 GMT, the overall picture in Europe was positive for the most part with the pan-European Stoxx 600 being up by 0.2%. […]

GBPJPY does not have a clear trend since rising to a high of 152.85, subsequently consolidating gains in a broad 147 – 152 range. On the short-term time frame, the pair is neutral to bearish, pausing a decline after rallying to the upper end of the range near 152 and dropping sharply to break below […]

As Asian traders were completing this week’s trading, the dollar was not much changed relative to most major counterparts with investors’ attention falling to the US jobs report due at 1230 GMT. At 0818 GMT, the dollar’s index against a basket of currencies was 0.1% higher, trading at 94.79. It yesterday fell to a one-week […]

The Dollar index marginally broke below the bullish short-term channel yesterday but sharply came back inside. The announcement of Non-Farm Payrolls today could give a boost for the Dollar for the final new high. Or is this what everyone expects and the market will not deliver? Blue lines – bullish channel The Dollar index remains […]

Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals. Neutral signals prevail across the chart for the Euro/Dollar, which sees 4 neutral models in the short-term and 5 in both the mid and long-term, and they indeed are in line with the less than […]

The last NFP left markets reeling – or at least USD traders. With hurricane Harvey decimating the Gulf Coast disrupting Oil refineries and displacing hundreds of thousands of people – a 33,000 drop shouldn’t have been a surprise – but markets still thought that the number should have been an addition of 90,000 jobs. This […]

The GOLD price has entered the Ichimoku cloud but is unable to clearly break above $1,283. The price got rejected at the resistance of $1,283 and is still in danger of moving towards $1,250-45. Blue line – resistance (broken) Red line – support The Gold price has entered the Ichimoku cloud. The trend is neutral. […]

Trading plan 11/03/2017 GBPUSD: Now the decline looks more likely. On Thursday, the Pound behaved in a self-contradictory way (just the way it likes): showing a sharp decline at the rate hike of the Bank of England. Analysts, of course, explained the fall of the pound by the unwillingness of the Bank of England to […]

Breaking forecast 11/03/2017 Ready to earn on strong movement on the U.S. employment report On Friday, the important news is the official US employment report for October (Nonfarm payrolls). Analysts predict high figures of + 200, 000- +300. 000. At the same time, several important news in favor of the US dollar, already released in […]

It’s time for this week’s last Support and Resistance Level Report. Here’s how our in-house model tests out. Euro/Dollar is trading in the range limited by R1 of 1 1690 and S1 of 1 1650. Standing at a 20 day moving average, R2 sees 8 confirmations, while R1 counts a 100 day moving average among […]

In line with market expectations, the Bank of England raised the UK base rate to 0.5% (from 0.25%) on Thursday. The rise, the first in 10 years, was widely expected as the UK has seen inflation well above the Bank of England’s target rate of 2.0% (3.0% in September), with Governor Carney stating “The pace […]

USDCAD is neutral in the short term after a recent rally lost steam at a high of 1.2916. The underlying downtrend from 1.3793 is weaker after the strong rebound but the pair still remains under the 200-day moving average, keeping the bearish market structure still in place. The short-term technicals are neutral and suggest the […]

GBP/JPY is under pressure. The pair is proceeding toward the nearest support at 149.90 while being capped by the descending 20-period moving average. Intraday bearishness is also maintained by the negatively-sloped 50-period moving average. The relative strength index is yet to recover the neutrality level of 50, showing a lack of upward momentum for the […]

We will retain our yesterday’s bullish outlook of NZD/USD pair. The pair is consolidating above the key support at 0.6900, which should maintain the buying interest. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. To conclude, as long as 0.6900 is not broken, look for a further […]

Forex Market Reviews: http://thefxlounge.com/#Market-Review -GBP falls on BOE rate rise- market sees it as “one and done”. –BITCOIN breaks through US$7000 and moves higher. -Amazon shows interest in the Cryptocurrency. -NFPs at 12.30 GMT today. -When Trump nominated Powell. -Can we rely on China’s PMI? The overnight changes and price moves to be aware of […]

Wave summary: EUR/NZD corrected higher to 1.6914, before losing steam and is again pushing lower and a break below support at 1.6790 will confirm a continuation lower to 1.6545 to complete wave ii and setting the stage for the next impulsive rally in wave iii towards 1.7778 and above. Short-term only a break above minor […]

Wave summary: No change in view here. We continue to look for resistance near 133.32 to cap the upside for a break below support at 131.60 confirming that wave (D) completed the test of 134.49 and wave (E) lower to 123.43 now is developing. Short-term a break below minor support at 132.59 will indicate that […]