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EUR/USD analysis for July 03, 2017

Post by on July 3, 2017

Recently, the EUR/USD has been trading downwards. The price tested the level of 1.1371. According to the 4H time frame, I found broken upward trendline in the background, which is a sign that buying looks risky. I have placed Fibonacci levels to find potential downward targets. I got Fibonacci retracement 38.2% at the price of […]

Daily financial news by- Binary.com- July 3rd, 2017

Post by on July 3, 2017

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- July 3rd, 2017

GBP/USD analysis for July 03, 2017

Post by on July 3, 2017

Recently, the GBP/USD pair has been trading downwards.The price tested the level of 1.2962. According to the 15M time frame, I have found that sellers are in control today on the market. I found weak demand in a low volume on the rallies, which is a sign that buying looks risky. My advice is to […]

03.07.2017 – Trading Signals by Dukascopy

Post by on July 3, 2017

These are the Main Daily Trading Signals for Monday. Here’s how the interbank compares with the technicals at 8 AM GMT. 6 studies point South on Euro/Dollar’s hourly chart. The mid-term is split between red and neutral signals, and the daily outlook turns green with 4 models, matching the more than 23% long interbank. Next […]

Technical analysis of USD/CHF for July 3, 2017

Post by on July 3, 2017

USD/CHF is expected to trade with a bullish outlook. The pair is trading above the key support at 0.9565, which should limit the downside potential. The upward momentum is further reinforced by both rising 20-period and 50-period moving averages. The relative strength index is supported by the rising trend line since June 29. Therefore, as […]

Technical analysis of GBP/JPY for July 3, 2017

Post by on July 3, 2017

GBP/JPY is expected to trade with a bullish bias. The pair is currently testing the support of its 50-period moving average, and remains above the horizontal support at 127.80. The 20-period moving average still remains above the 50-period moving average, and the relative strength index is around its neutrality area at 50, lacking downward momentum. […]

Global macro overview for 03/07/2017

Post by on July 3, 2017

Global macro overview for 03/07/2017: It might be a busy trading week, so let’s take a look at the top events in the economic calendar this week. It might start slowly, mainly due to the US Independence Day holiday, but it will get very interesting at the end of the trading week. Monday, 03/07/2017: The […]

Daily analysis of major pairs for July 3, 2017

Post by on July 3, 2017

EUR/USD: This pair moved upwards by 230 pips last week, ending the consolidation phase that was witnessed from June 12 to June 24. There is a huge Bullish Confirmation Pattern in the market, and further upwards movement is possible. However, the upwards movement may not take place protractedly because the outlook on EUR pairs is […]

Ichimoku indicator analysis of USDX for July 3, 2017

Post by on July 3, 2017

The Dollar index remains in a bearish trend. There are signs of a possible upward reversal at least for the short-term, so Dollar bears should be very cautious. Blue lines – bearish channel Red line – resistance Price is inside a bearish channel. Price is trading below both the tenkan- and kijun-sen indicators. RSI (5) […]

Ichimoku indicator analysis of gold for July 3, 2017

Post by on July 3, 2017

GOLD price remains in a bearish trend as the price has not managed to break above short-term resistance of $1,260. The price is at a weekly support level and bears should be very cautious. Red line – resistance Price is below the 4 hour Kumo (cloud) and the red trend line resistance. Short-term trend is […]

Technical analysis of NZD/USD for July 3, 2017

Post by on July 3, 2017

NZD/USD is consolidating and expected to trade in a lower range. The pair stays below its resistance at 0.734 and remains in a bearish channel. The 20-period moving average is still below the 50-period moving average, which should also maintain a bearish bias. And the relative strength index is around its neutrality area at 50, […]

Trading plan for 03/07/2017

Post by on July 3, 2017

Trading plan for 03/07/2017: The US Dollar is gaining slightly to the other currency pairs. It has risen the most GBP (0.24% and CAD (0.22%). EUR/USD is slightly above 1.1400, GBP/USD has slipped below 1.3000, USD/JPY is approaching resistance at 112.50. WTI Oil is up 0.35% and is trading at $46.20, an ounce of GOLD […]

03.07.2017 – Support and Resistance by Dukascopy

Post by on July 3, 2017

Good morning, traders, the Dukascopy TV team is back with the Support and Resistance Level Report for Monday. Euro/Dollar is trading in the range limited by R1 of 1 1440 and S1 of 1 14. R1 is backed up by Price Channel Indicator Upper Line, a 12 month high and 8 other studies, while R2 […]

USD: Biggest Quarterly Drop in Almost 7 Years

Post by on July 3, 2017

USD recovered marginally on Friday, but had its biggest quarterly decline against several currencies in nearly 7 years following hawkish signals from many central banks last week that put additional downward pressure on USD. The markets had higher expectations of tighter monetary policies following various comments from officers at the European Central Bank, Bank of […]

Elliott wave analysis of EUR/NZD for July 3, 2017

Post by on July 3, 2017

Wave summary: We have seen the expected decline from 1.5711, but it has not been able to break below support at 1.5480 yet. This could still be seen, but then minor resistance at 1.5639 ideally should be able to cap the upside. If this resistance is broken then a running flat, will be the most […]

Elliott wave analysis of EUR/JPY for July 3, 2017

Post by on July 3, 2017

Wave summary: We have seen the expected corrective decline into the 127.00 – 127.81 area, but the correction in wave iv does not look complete yet and more sideways correction remains expected before the next rally higher towards at least 130.19 and possibly even higher. The ideal target for this rally is seen at 133.34 […]

Monday Outlook 03-07-2017

Post by on July 3, 2017

Market Outlook Welcome to the easyMarkets weekly outlook starting this Monday 03 July. We’ll be looking at the week’s key economic events on the financial calendar covering Monday to Thursday. This week we have some heavy hitting indicators coming in from all markets including UK, Europe and the US. Don’t forget, as it’s the first […]

Technical analysis of EUR/USD for July 03, 2017

Post by on July 3, 2017

When the European market opens, some Economic Data will be released such as Unemployment Rate, Italian Monthly Unemployment Rate, Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, Spanish Manufacturing PMI. The US will release the Economic Data, too, such as Total Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, […]

Technical analysis of USD/JPY for July 03, 2017

Post by on July 3, 2017

In Asia, Japan will release the Consumer Confidence, Final Manufacturing PMI, Tankan Non-Manufacturing Index, and Tankan Manufacturing Index data, and the US will release some Economic Data, such as Total Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, and Final Manufacturing PMI. So, there is a probability the USD/JPY will move with […]

Daily analysis of USDX for July 03, 2017

Post by on July 3, 2017

USDX ended last week in the red territory and it looks like we can expect some recovery to test the 200 SMA at H1 chart around 96.50. If the index manages to break above the resistance zone of 95.77, then that scenario could be possible. Instead, if we witness a break of last Friday’s lows, […]

Daily analysis of GBP/USD for July 03, 2017

Post by on July 3, 2017

GBP/USD continues to hover around 1.3000 and it’s waiting for a catalyst that will take it to test the next psychological zone of 1.3100. However, gains will be limited during this week, but this scenario could change if UK politics’ headlines hit the wires to move GBP pairs. To the downside, nearest support is located […]

Weekly market outlook by- Binary.com-July 2nd, 2017

Post by on July 2, 2017

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-July 2nd, 2017

What the New Passive Investing Push Tells You

Post by on June 30, 2017

http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 Stock picking is losing favor. On the other hand, passive investing is growing in popularity. This fits with the stock market’s Elliott wave pattern. The mania is not over, but the end might be closer than many investors realize. Learn How the Wave Principle Can Improve Your Trading