Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3203. According to the 30M time – frame. I found a fake breakout of yesterday’s high at the price of 1.3185, which is sign that buying looks risky. I also found a hidden bearish divergence on the RSI (21), which is […]

Technical outlook: The EUR/USD pair has continued to rise since discussed yesterday and has now taken out trend line resistance and also price resistance at 1.1788 levels as depicted here on short-term view. Still probable likelihood for a trade setup immediately is to drop lower around the fibonacci 0.50% support seen at 1.1740/50 levels and […]

Let’s see which news releases could move the currency markets on Wednesday, the 11th of October. This is the Economic Calendar. Coming up first at 2 PM GMT are the US JOLTS Job Openings for August, and the number of openings has stood above 6 million for the past two months; in fact, the July […]

Check how fair your trades have been executed on this Tuesday by watching the Dukascopy Spike Controller. Point 28 pips is the long term average spread for the Euro/Dollar. Both of the sides were 2.1 pips apart less than an hour ago. The pair has gained ground from the low of 1 1725, appreciating by […]

Financial markets have started the trading week with a renewed focus on geopolitical risk. Safe haven assets are back in demand while riskier assets such as equities are slightly pressured. The economic calendar is fairly light which should encourage investors to focus on the Brexit and Catalonia developments. #Euro still remains pressured by political risk […]

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Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…

This November XM will be back to Latin America, to offer traders a free Forex trading seminar with free participation in as many as three cities: in Mexico City and Monterrey, Mexico, and in Bogotá, Columbia. After having visited Mexico City, Mexico, with an educational event in June this year, XM will be hosting a […]

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 10th, 2017

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…

WTI Oil futures shifted to a more bearish bias after breaking below the psychological level at 50. The short-term outlook points to further weakness in the market since technical signals are bearish. On the 4-hour chart, both MACD and RSI are in bearish territory. The 20 and 50-period moving averages are negatively aligned and sloping […]

Global macro overview for 10/10/2017: The British Prime Minister Theresa May has outlined the contingency plans for leaving the EU without a deal. This scenario is known in financial media as “hard-Brexit”, but this is the first time UK PM delivered a clear scenario regarding this situation. May said in the speech in British Parliment […]

BITCOIN analysis for 10/10/2017: Due to the growing fear of voting fraud, Blockchain-based projects are now able to secure a digital voting card or voting system to prevent election fraud. The votes would be invariable and would be available to everyone. In the Blockchain system, voters can then cast votes from mobile phones or PCs […]

These are the Main Daily Trading Signals for Tuesday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar sees 6 neutral models on its hourly chart and 5 bullish signals on its 4-hour scale. The 24-hour chart is split between red and neutral indicators, but the interbank is neutral at less […]

With Japanese and South Korean markets returning from holidays, the dollar failed to gain ground against its rivals as investors continued pricing geopolitical tensions between the US and North Korea. On the other hand, the Euro and the aussie were in an uptrend as economic conditions in the regions showed signs of improvement. The greenback […]

Trading plan for 10/10/2017: The overnight currency changes are not big, but USD is the weakest major currency. The Dollar remains at a low level with EUR/USD rising to 1.1770. USD/JPY oscillates at 112,60, which is roughly where it was on Monday. Stock markets in Asia ignored Wall Street slumps, GOLD held high, and Crude […]

EUR/JPY has been quite volatile recently since the NFP report hit the market on Friday. The pair has shown equal amount of pressure from the bullish and bearish participants of the market, but bulls took charge with steady gains in the market. Today, German Trade Balance report was published with an increase to 21.6B from […]

USD/JPY is expected to trade with a bullish outlook. Despite the recent pullback, the pair is still supported by a rising 50-period moving average. The relative strength index is mixed with bullish bias. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Therefore, above 112.30, look for a […]

The Dollar index is making lower lows and is now testing important short-term cloud support. Short-term trend is still bullish but we have reversal signs since last Friday. Black lines – bullish channel Red lines – bearish divergence signs The Dollar index is at the upper cloud boundary in the 4 hour chart. Both RSI […]

GOLD price has broken above the short-term resistance trend lines and is testing important cloud resistance at $1,290. Breaking above the 4-hour cloud will be an important short-term reversal confirmation. I continue to believe that the next leg up towards $1,400 has started. Black line -resistance Red line – resistance Gold price is trading above […]

Last minute burning forecast 10/10/2017 The EURUSD pair has a buy signal. There are no significant news on the market. The crisis around Catalonia has somewhat weakened, gradually shifting to the series of statements – and, possibly, negotiations. The “US-North Korea” crisis may develop – but so far there have been no new developments. The […]

NZD/USD is under pressure and expected to continue the downside movement. The pair is under pressure below the key resistance at 0.7085 (the high of Oct. 9). The downward momentum is further reinforced by both declining 20-period and 50-period moving averages. The relative strength index is bearish and calls for another downside. To sum up, […]

Overview: Yesterday, the NZD/USD pair fell from the level of 0.7128 towards 0.7087. Now, the price is set at 0.7069 to act as a minor support. It should be noted that volatility is very high for that the NZD/USD pair is still moving between 0.7128 and 0.7040 in coming hours. Furthermore, the price has been […]

EUR/USD has been quite corrective and volatile recently in a bearish trend which is currently residing below 1.1800 price level. Recently EUR has been quite positive with the economic reports whereas USD was found having series of negative reports ahead of Rate Hike in December. NFP report was unable to help USD on Friday due […]

Morning Report: 07.00 London For the first time in a number of sessions, the US dollar has significantly backed off this morning. The US dollar index is on the back foot, helping the main dollar pairs to rise. The AUD/USD is leading the charge, up 0.41%, with the NZD/USD higher but lagging. The Euro doesn’t […]

You’re watching the Support and Resistance Level Report for Tuesday. Here’s how our in-house model tests out. Euro/Dollar has gained some ground and now stands between R1 of 1 1780 and S1 of 1 1750. The lowest resistance line has found 8 matches, and R2 counts a 50 day moving average among its 3 studies. […]