The pair gained momentum during Tuesday’s session amid weakness seen in the US Dollar across the markets. Currently, GBP/USD is attempting a bullish consolidation above the resistance level of 1.2826, targeting the next key barrier around 1.2881. If the pair manages to retrace, it’s possible to see a decline towards 1.2756. H1 chart’s resistance levels: […]

GBP/USD has shown a good amount of bullish pressure after the hawkish BOE Financial Stability Report today. As this report is an assessment condition in the financial system and potential risks to financial stability. Along with the Financial Stability Report, BOE Gov. Carney’s speech was also hawkish in nature about the upcoming interest rates and […]

Price has started to shoot up nicely after consolidating for the past few days. We remain bullish looking to buy above 111.32 support (Fibonacci retracement, horizontal pullback support) for a further push up to at least 113.06 resistance (Fibonacci extension, Fibonacci retracement, horizontal pullback resistance). RSI (34) remains above its support at 52% and we […]

As predicted on Friday, GBP/JPY is moving higher. The pair is trading above the rising 50-period moving average, which plays a support role and maintains the upside bias. The relative strength index is mixed with a bullish bias. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Hence, […]

Weekly Technical Analysis of the Forex Markets – to guide your trading using technical indicators such as moving averages, RSI, Fibonacci, Ichimoku.

Daily Outlook The NZD/USD pair has been trending up within the depicted bullish channel since January 2016. In November 2016, early signs of bullish weakness were expressed on the chart when the pair failed to record a new high above 0.7400. A bearish breakout of the lower limit of the channel took place in December […]

Daily Outlook In January 2017, the previous downtrend reversed when the Head and Shoulders pattern was established around 1.0500. Since then, evident bullish momentum has been expressed on the chart. The next daily supply level for the EUR/USD pair is located between 1.1400-1.1520 where the price action should be watched for possible bearish rejection. Recently, […]

Recently, GOLD has been trading upwards. As I expected, the price tested the level of $1,253.00. According to the 30M time frame, I am still expecting upward price. There is still a strong selling climax in the backgorund, which is a strong sign of strength. My advice is to watch for buying opportunities with the […]

EUR/USD: The EUR/USD did nothing significant on Monday. There has generally been a movement between the support line at 1.1100 and the resistance line at 1.1250. There must be a movement above the aforementioned resistance line or below the support line. A movement above the resistance line is the most likely for this week. USD/CHF: […]

Recently, the GBP/USD pair has been trading upwards. As I expected, the price tested our first target level at 1.2760. According to the 4H time frame, I still expect higher price. The GBP/USD pair is in the short-term uptrend and my advice is to watch for buying opportunities. In the background I found a successful […]

World stocks were mostly mixed on Tuesday as markets braced for an intense trading session dominated by financial heavyweights. Euro Bulls sprinted into action on Tuesday after European Central Bank President Mario Draghi displayed fresh optimism over the health of the European Economy. The air of caution continues to support safe-haven assets with GOLD back […]

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- June 27th, 2017

“more than enough evidence” to impeach President Trump There’s “more than enough evidence” to impeach President Trump, according to former Secretary of Labour, Robert Reich, who served in the administrations of Gerald Ford and Jimmy Carter. “Obstruction of justice was among the articles of impeachment drafted against both Presidents Nixon and Clinton,” Reich wrote on […]

Global macro overview for 27/06/2017: The US Durable Goods Orders data were worse than market expectations as they declined 1.1% in May compared with the consensus forecast of a 0.5% decline for the month. Following a revised 0.9% decline in the previous month, there was an annual increase of 2.8%. Capital goods orders declined 3.1% […]

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

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

Trading plan for 27/06/2017: Very quiet session on Wall Street results in a similar course of trade in Asia. The GOLD ounce rate after yesterday’s collapse is stabilizing over 200-session average.around $1250. WTI Oil costs the same as before the Department of Energy’s last publication last Wednesday, $ 43.50 a barrel. EUR/USD is again around […]

Since June 14th, the USD/CAD has been mainly moving sideways respecting support levels but with no bounce strength despite Oil weakness. 1.32 is critical support. Blue line – short-term support The USD/CAD pair is trading below the Kumo and this might put another test to the critical support of 1.32. Resistance is at 1.3255 and […]

The USD/JPY is approaching some very critical medium-term trend resistance levels. The trend in the short-term remains bullish but the medium-term trend is bearish. Blue line – short-term support Short-term support is at 111. The price is above the 4-hour Kumo confirming that the short-term trend is bullish. Only a break below 111 will put […]

The Dollar index is holding short-term support. We might eventually see the bounce towards 98.50-99 we were expecting after all. This is not the time to be bearish on the Dollar. The Dollar index is holding above cloud. Short-term support is at 97. Resistance is at 97.50. Break above 97.50 and it will be almost […]

GOLD price remains in a bearish trend as long as price is below $1,260. Gold has made a double top rejection at $1,300 and this opens up the possibility of a break lower towards $1,200-$1,180. Red line -resistance Gold price is trading below both the red trend line and the 4-hour Kumo. Short-term trend is […]

– US% gains back some losses vs the Euro. – Brazil’s political woes deepen. – Central bankers aplenty speaking today. – Google to face harsh EU fine.

Asian Equities traded higher on Tuesday approaching near two-year highs on Tuesday as USD strength helped exporters and traders are expecting Federal Reserve Chair Janet Yellen to make positive comments to support the Fed’s projection for one more interest rate rise this year. Yellen is due to take part in a discussion on global economic […]

Wave summary: The corrective decline in wave ii/ will not rest and continues to make new lows keeping the correction alive. We still think a low is nearby, but only a break above minor resistance seen at 1.5504 will confirm that wave ii/ has completed and wave iii/ has taken over for a new impulsive […]

Wave summary: EUR/JPY has rallied nicely and the next hurdle to overcome is seen at 125.80 a break above this resistance, will confirm continuation higher to the next target seen at 127.00. Short-term support is now seen at 124.68 which ideally will be able to protect the downside for the expected break above 125.80. R3: […]