A hugely busy week on the corporate front with Apple, Facebook and Tesla earnings the highlights from the US, while the Pound will be sensitive to the MPC vote. Why trade with ETX Capital? – http://www.etxcapital.co.uk ETX Capital is one of the leading providers of spread betting, CFDs and Forex trading services for retail, HNW […]

In today’s article we are going to look at 10 of the richest traders in the world. You will more than likely recognise some of the names in this list, with high flyers like Ray Dalio and George Soros featuring prominently. The top 25 highest-earning hedge fund managers and traders actually saw a significant drop […]

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. The recent bearish pullback was […]

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. […]

Overview: Pivot: 0.6860. The NZD/USD pair didn’t make any significant moves yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 0.6760 or lower. The NZD/USD pair continues to move downwards from the zone of 0.6942 and 0.7880. Yesterday, the pair dropped from the level of 0.6942 to […]

BITCOIN is currently struggling to break above $6,000 price resistance level which is expected to be broken above in the coming days. The price has created higher lows which indicates pre-breakout structure with a Triangle pattern in the chart which is more likely to break upwards. After appearance of Bitcoin GOLD, Bitcoin has been quite […]

BITCOIN analysis for 27/10/2017: More and more stock exchanges are being withdrawn from support for SegWit2x, but in the distance, there are already signs of the next fork. This time cryptocurrency market participants will be preparing for Bitcoin Silver. Bitcoin Silver developers have told Bitcointalk forum, that their plan is to make Bitcoin decentralized again. […]

Overview: The USD/CHF pair has broken resistance at the level of 0.9942, which acts as support now. So, the pair has already formed minor support at 0.9942. The strong support is seen at the level of 0.9898 because it represents the weekly pivot. In the H1 time frame, the RSI and the moving average (100) […]

EUR/CAD has been impulsively bullish recently resulting to surging up higher towards 1.5050-75 resistance area but yesterday due to dovish statements at ECB Press Conference and unchanged Minimum Bid Rate report EUR lost significant grounds against CAD. Recently CAD Overnight Rate report was published unchanged as expected at 1.00% which affected the growth of CAD […]

Yesterday’s ECB decision to keep interest rates unchanged and extend the QE program for another nine months was a predictable choice, so EUR/USD dipped towards the 1.1662 and GBP/USD towards 1.3082. USD/JPY went as high as 114.37. On commodity market GOLD made a new local low at $1,267. The German DAX made a new high […]

The trading week may be coming to an end, but don’t let your guard down and keep checking your broker’s price feed with the Dukascopy Spike Controller. Euro/Dollar’s long term average and maximum spreads are point 28 and 3.6 pips respectively. Past 24 hours have been bearish for the Single currency, the pair has lost […]

Out of Asia, the Nikkei 225 added 1.2% to close above the 22,000 mark for the first time since 1996. The Topix, Japan’s broader gauge of equity performance, gained 1.0% to finish at its highest since July 2007. The two exporter-heavy benchmarks were supported as dollar/Yen was on the rise. The pair today touched 114.31, […]

USD/CHF has been quite impulsive recently after breaking above the 0.9860 resistance area. USD has been quite positive with the economic reports recently which resulted to further bullish pressure against CHF. Recently CHF UBS Consumption Indicator report was published with an increased figure of 1.56 from the previous figure of 1.50 and Credit Suisse Economic […]

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- October 27th, 2017

Good morning, traders, you’re watching the Main Daily Trading Signals for Friday. Bullish signals prevail on Euro/Dollar’s hourly chart, whereas the 4 and 24-hour scales turn bearish with 6 studies each, but the technicals are not supported by the interbank, which is neutral at less than 8% long. There’s red across the chart for the […]

The US currency stood higher on the day as the Asian session was nearing completion, though barring a development that makes US tax reform more likely, that was mostly due to other majors’ weakness rather than any dollar specific factors. Market participants are awaiting the advance estimate of US third quarter GDP growth which is […]

The Dollar index is breaking to new higher highs as it remains in a bullish short-term trend. We might see a pullback but I give little chances that the upward move from 93.50 will end soon. Red line – resistance As we said yesterday, a break above recent double top at 94, would be a […]

Breaking forecast 10/27/2017 EURUSD: Strong signal downward. Trade selling. On Thursday, on important news of the decision of the ECB, the EURUSD rate has made a strong turn down. The news was positive for the Euro – however, large investors chose the dollar side, as the data on the US economy is very strong. The […]

GOLD price has broken to new lows. In our last analysis we said that a new rejection at $1,282-83 would be a bearish signal and that a new low would not be avoided. Trend remains bearish. Although the Wedge pattern was broken upwards, price was not strong enough to break above the short-term resistance. Blue […]

AUD/JPY has been quite bearish recently after bouncing off the 89.00 resistance area. AUD has been quite negative with the economic reports recently which helped JPY to gain momentum and push the price lower below 88.00. Recently published AUD CPI and Trimmed CPI was published with worse than expected result which directly affected the growth […]

Morning Report: 07.00 London This morning, the US dollar remains dominant as money floods out of the Euro and into the Greenback. The main catalyst was a solid set of US corporate earnings last night, with Alphabet, Amazon and Twitter trading sharply higher. The big move yesterday came from the ECB which opted to half […]

It’s the day after the ECB meeting, so let’s see where the Support and Resistance levels stand this morning. Euro/Dollar has taken a hit as the ECB decision was more cautious than anticipated, and it has R1 of 1 1670 and S1 of 1 1630. Standing at a 20 day moving average, R2 sees 7 […]

The Thursday meeting of the European Central Bank kept Eurozone interest rates at record low levels, but finally, announced the long-awaited reduction in quantitative easing. The ECB announced that it will halve its current bond purchase program from EUR 60bn to EUR 30bn a month beginning in January. The markets were expecting such an announcement […]

Welcome to the weekly review where we look back over the results of some of the previous week’s economic indicators. It gives us the chance to reflect on how much expectations were met or missed and to examine a successful trade you could have made this week.   Event: EU Market Services, Manufacturing and Composite […]

The financial markets have provided plenty of inspiration for the film industry. Since the 2008 financial crisis, Hollywood has delivered some killer adaptions of some of Wall Street’s most interesting characters. In the following article, we explore five movie traders based on real people.   Jordan Belfort: The Wolf of Wall Street In 2013, Leonardo […]