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 market failed to record a new high above 0.7400. 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 price action should be watched for possible bearish rejection. Recent Update: […]

The Brexit might have been the first real EU exit but the Grexit was the start of it all. Greece kickstarted the exit fiasco back in 2015 after it came dangerously close to defaulting on its loans and exiting the Eurozone. But following non-stop media coverage, and an overuse of the term Grexit, it has […]

USDX was favored by the bulls above the 200 SMA at H1 chart and it’s heading to break above last Friday’s highs. If that happens, we can expect a target to be reached around 97.75, which should add strength to bulls’ force in the short-term. By the other side, if the index pulls back at […]

The pair was under selling pressure at the start of the week, being capped by the 200 SMA at H1 chart and it now targets the support zone of 1.2660. Overall, the bearish bias remains intact and as long as GBP/USD remains below that moving average, we might expect further weakness toward 1.2660 in a […]

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Brexit talks start in Brussels, so let’s find out what’s moving and shaking on the FX Markets at 3 PM GMT on this Monday. The day’s biggest move is a decline of only point 38% and it’s posted by Euro/Canada. Rate movement has been flat during most of the day. There’s a batch of currencies […]

USD/CHF is expected to trade with a bullish bias above 0.9700. Despite breaking below the 20-period and 50-period moving averages, the pair is still trading above the key support at 0.9700, which should allow for a temporary stabilization. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Therefore, […]

As predicted, NZD/USD hit our take profit and touched 0.7280. Now it is expected to turn down. Although the pair posted a rebound and broke above the 20-period and 50-period moving averages, it is still trading below the key resistance at 0.7275 which should limit the upside potential. Even though a continuation of technical rebound […]

GBP/JPY is still expected to continue its upside movement. The pair posted a rebound from 139.15 and broke above the 20-period moving average. The rising 50-period is playing a support role and maintains the upside bias. The relative strength index is mixed with bullish bias. Therefore, as long as 141.30 is not broken, look for […]

Technical outlook: The EUR/USD pair looks to be ready for yet another leg lower. It seems to have hit the back side of immediate support line at 1.1200/10 levels and also re-tested the resistance today before reversing. Looking at the wave structure, the pair looks to have completed waves A or 1 and B or […]

Tuesday brings a number of updates from central bank governors, so keep watching this Economic Calendar to find out more. The schedule starts at 6 o’clock in the morning with German Producer Price Index for May. The Index rebounded in April, and energy prices contributed most to the increase; however, intermediate, consumer and capital goods […]

We’re halfway through this week’s first trading day, so let’s see how things are shaping up for the market players. Euro/Dollar rose by 31 pips after half past 7, but a subsequent drop actually left it point 11% in the red at midday. The narrow rate movement still attracted 60% more funding than usual, and […]

Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1212. Anyway, according to the 1H time frame, I found a fake breakout of Friday’s high at 1.1208, which is sign that buying looks risky. There is also a breakout of the upward trendline, which is another sign of weakness. My […]

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

Recently, the GBP/USD has been trading upwards. The price tested the level of 1.2814. Anyway, according to the 30M time frame, I found a fake breakout of the Friday’s high at 1.2805, which is a sign that buying looks risky. My advice is to watch for potential selling opportunities. The downward targets are set at […]

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 19th, 2017

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 market failed to record a new high above 0.7400. 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 price action should be watched for possible bearish rejection. Recent Update: […]

The Dukascopy TV Team has once again been analyzing the benchmark interbank price stats so you can keep your broker in check. Euro/Dollar’s long term average spread is point 36 pips and both of the sides were 1.2 pips during the past 4 hours. The pair moved slightly South of the 1 12 level as […]

Overview: The GBP/USD pair faced resistance at the level of 1.2846, while minor resistance is seen at 1.2804. Support is found at the levels of 1.2765 and 1.2715. Besides, a daily pivot point has already set at 1.2806. Equally important, the GBP/USD pair is still moving around the key level at 1.2806, which represents a […]

Welcome to day one of 730 Brexit negotiations begin after nearly a whole year of speculation and build up. Today at 11 a.m. BST in Brussels the door to the negotiation table will open.  Theresa May’s government already appears to be on the ropes with a failed attempt to strengthen her hand with a disastrous […]

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

EUR/USD has been in a corrective structure since the break above the 1.1140 level. EUR showed a good amount of bullish pressure with Positive Italian Trade Balance report at 3.60B which was expected to be at 3.41B and after the worst US Building Permits and Housing Starts reports on Friday. The Building Permits were expected […]