US Indices were again trading in record-high territory on Friday as the DOW was up by around 0.2% to 22,882 and the S&P 500 was up by 0.1% at 2,553. The NASDAQ Composite was also up by 0.3%. In Europe, the picture was more mixed as a little before the close, the Stoxx 600 was […]

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.

Once again, the U.S. consumer inflation data came as disappointing. Yesterday’s strong PPI raised hopes for a strong CPI release today, yet inflation acceleration did not live up to expectations. The total annual inflation rate rose from 1.9% to 2.2%. Against expectations of reaching 1.8% and still below Fed’s target of 2%, the core figure […]

Let’s take a look at the potential FX market movers for Monday, 16th of October with the Dukascopy Economic Calendar. It’s an early start at 4:30 AM when Revised Japanese Industrial Production stats for August are released. According to preliminary report, production jumped by 2.1% month on month. Euro Zone trade balance report for August […]

Let’s take a look at the potential FX market movers for Monday, 16th of October with the Dukascopy Economic Calendar. It’s an early start at 4:30 AM when Revised Japanese Industrial Production stats for August are released. According to preliminary report, production jumped by 2.1% month on month. Euro Zone trade balance report for August […]

The financial markets attract people from all walks of life. Entrepreneurs and business owners are among the most active when it comes to trading. Below is a list of top entrepreneurs who have also successfully dabbled in the financial markets.   Jimmy Wales   Jimmy Wales is a famous internet entrepreneur who co-founded Wikipedia, a […]

The financial markets attract people from all walks of life. Entrepreneurs and business owners are among the most active when it comes to trading. Below is a list of top entrepreneurs who have also successfully dabbled in the financial markets.   Jimmy Wales   Jimmy Wales is a famous internet entrepreneur who co-founded Wikipedia, a […]

GBP/JPY is expected to trade witha bullish outlook. The pair is rebounding from its support around 148.50 and is likely to challenge its key resistance at 149.50, representing an intraday horizontal level. The relative strength index is also turning up, and calls for further advance. In addition, the 20-period moving average has crossed above the […]

GBP/JPY is expected to trade witha bullish outlook. The pair is rebounding from its support around 148.50 and is likely to challenge its key resistance at 149.50, representing an intraday horizontal level. The relative strength index is also turning up, and calls for further advance. In addition, the 20-period moving average has crossed above the […]

Morning session is over on this week’s last trading day and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar has moved slowly South by a total of 46 pips and the pair sees just half of the monthly average funds. Neutral sentiment of the traders is 9% long. Bears had some chances, but both the […]

FOMC surprised the markets with their cautious tone, given recent rhetoric by a few of the members. GBP rollercoaster price action, with focus on Brexit talks. ECB’s President Mario Draghi remind the markets of the central banks guidance on rates and QE. You can view this video and the full video archive on the Dukascopy […]

Overview: The NZD/USD pair continues to rise from the level of 0.7128 in the long term. It should be noted that the support is established at the level of 0.7128 which represents the 38.2% Fibonacci retracement level on the H1 chart. The price is likely to form a double bottom in the same time frame. […]

Overview: The USD/CHF pair is still set above the area of 0.9733. Besides, it should be noted that the pair broke resistance which turned to strong support at the level of 0.9708, which is expected to act as major support in coming two days. The RSI is considered overbought because it is above 30. The […]

Make sure your broker`s price feed quality isn`t stopping you from performing at your best on this Friday by watching the Dukascopy Spike Controller. Euro/Dollar has a daily average spread of point 29 pips and maximum separation has been 1 and a half pips. The pair has moved slowly South, declining by a total of […]

Will European leaders decide sufficient progress on Brexit divorce talks to move onto the next phase of future relations? 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 and institutional clients. Based in the City of London, ETX […]

Just like life, the currency market is like a roller-coaster. Take what happened yesterday with the Brexit talks.  First in the afternoon we had doom and gloom and then a few hours later we had hope.   Like with all divorces, one of the key areas that most lawyers will lock horns over is money. […]

In Asia, the Nikkei 225 added 1.0% to close this week’s trading at its highest since 1996 with the Topix, Japan’s broader equity gauge, gaining 0.5% to finish the week at its highest since 2007. Hong Kong’s Hang Seng rose by 0.1% and the Shanghai Composite advanced by 0.2%. Australia’s S&P/ASX 200 added 0.3% and […]

BITCOIN has been impulsively bullish recently after breaking above the $5,000 price level with a daily close. After the Chinese ICO ban effect, the Cryptocurrency gained quite steadily earlier. After breaking the $5,000 level the market sentiment has driven the market impulsively leading to further gains on the upside with a target towards $6,000. The […]

AUD/JPY has been quite corrective in nature showing some bullish gains recently towards the 88.00 resistance level. AUD has been quite positive with the economic reports recently which helped the currency to gain some momentum against JPY in last few days. JPY has also been very positive with the economic reports making the gains of […]

EUR/AUD recently broke above the 1.5050-75 support area which is being retested currently. EUR has been quite strong in light of economic reports that has led to further gains of EUR against AUD. Recently, amid positive results of Australia’s economic reports some bearish impulsive pressure can be observed in the pair. Today, German Final CPI […]

Breaking forecast 10.13.2017 EURUSD under pressure. Turn on caution. On Friday morning, it was reported that the ECB decided to reduce the program of liquidity injections into the markets from January next year by two times: from 60 billion euros per month to 30 billion per month. This, on one hand, the tightening the monetary […]

GBPJPY holds a neutral bias in the near term after stalling its decline from 152.85 to 146.93. Short-term trend and momentum signals are highlighting the lack of direction in the market and point to a consolidation phase between the key levels of 147 and 149. On the 4-hour chart, RSI and MACD are flat, while […]

Daily Outlook In February 2017, the depicted short-term downtrend was initiated around the depicted supply zone (0.7310-0.7380). However, 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. The price zone of 0.7150-0.7230 (Key-Zone) stood as a temporary resistance zone […]

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. […]

Trading plan 10/13/2017 The overall picture: The pair EUR/USD is under pressure. We turn on caution. On Friday morning, it became known that the ECB decided to reduce the program of liquidity injections into the markets from January next year by 2 times, from 60 billion euros per month to 30 billion per month. Thus, […]