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Daily analysis of GBP/USD for June 14, 2017

Post by on June 13, 2017

GBP/USD gained momentum during Tuesday’s session ahead of Fed meeting, as the pair was favored by a recovery move held since Monday. The resistance zone of 1.2753 still provides a good hurdle for buyers but if the pair manages to break above that level, then we might expect a rally towards 1.2826. MACD indicator is […]

Daily analysis of GBP/JPY for June 13, 2017

Post by on June 13, 2017

Overview The GBP/JPY pair managed to reach 139.00 levels yesterday achieving the previously expected negative target and ending negative trading by facing old support at 138.60. According to the chart, the price forms a positive rebound that might be the beginning of new bullish bias in case this support line remains intact during current trading. […]

Daily analysis of Gold for June 13, 2017

Post by on June 13, 2017

Overview The GOLD price crawls calmly to the downside approaching the awaited support at 1,254.56 and keeping the bearish bias active for today, which is also supported by the EMA50 that pushes the price negatively. We are waiting for a bullish rebound after testing 1,254.56 and 1,249.94 levels to resume the main bullish trend. On […]

Daily analysis of Silver for June 13, 2017

Post by on June 13, 2017

Overview The Silver price continues trading downwards below the 17.00 barrier, reinforcing the expectations for achieving more downward targets that test 16.56 levels mainly. It points to the steadiness of this level against the negative pressure that will help the price resume the main bullish trend. Therefore, the bearish bias will remain preferred for today […]

13.06.2017 – Movers and Shakers by Dukascopy

Post by on June 13, 2017

Dukascopy Forex TV Team is back with the Movers and Shakers for Tuesday, 13th of June. Australia/Canada is the mover of the day with a drop of point 77%. Most of the day has been bearish for this pair. US stocks are in the green and Loonie Dollar tops the advancers and decliners table. UK […]

USD/JPY dropping perfectly, remain bearish for a further drop.

Post by on June 13, 2017

Price has dropped perfectly from our selling area as expected and is on track to reaching our profit target. We remain bearish below 110.66 resistance (Fibonacci retracement, horizontal overlap resistance, descending resistance) for a further push down to at least 108.23 support (Fibonacci extension, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance below […]

GBP/USD testing major support, remain bullish

Post by on June 13, 2017

Price is testing our major support at 1.2633 (Fibonacci retracement, Fibonacci extension, horizontal pullback support, bullish divergence) and we expect a strong bounce above this level to at least 1.2886 resistance (Fibonacci retracement). RSI (34) sees major support above the 26% level where we expect a bounce from and also sees bullish divergence signalling that […]

AUD/USD testing major resistance, time to start selling

Post by on June 13, 2017

Price is testing our major resistance at 0.7548 (horizontal swing high resistance, Fibonacci extension) and we expect a strong drop from this level to at least 0.7472 (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing strong resistance below our 95% level where we expect a further drop from. It is also seeing intermediate resistance […]

Technical analysis of GBP/JPY for June 13, 2017

Post by on June 13, 2017

GBP/JPY is expected to trade with a bullish outlook above 139.45. The pair has bounced up after another test of its former declining trend line, which becomes a support role, and broke above its 20-period and 50-period moving averages. The relative strength index is above its neutrality level at 50 and lacks downward momentum. In […]

E3 Xbox One X Assassin’s Creed Origins Anthem

Post by on June 13, 2017

Hot news from E3 includes the Xbox One X, Assassins Creed Origins and Anthem. So keep with us for the inside gaming news. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#214920 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish […]

UK Inflation Rises to Highest Rate Since June 2013!

Post by on June 13, 2017

UK CPI is Out The UK Consumer Price Index (CPI) is out and it is the highest it has been since June 2013. The CPI for May came in at 2.9%, up from 2.7% previously.  This keeps the inflation above the 2% target set by the Bank of England (BOE). The reasons for the increase […]

13.06.2017 – Midday Snapshot by Dukascopy

Post by on June 13, 2017

Here’s a look at how market players have performed over the 12 hours to midday on this Tuesday. Euro/Dollar rose by only 40 pips and even some of those gains were given up afterwards. Turnover is high and sentiment of the traders is bearish, 16% short. The slight rise makes losses more likely for investors. […]

The Aftermath of the UK Election and The Brexit

Post by on June 13, 2017

Hung, drawn and quartered? Upcoming Breixt talks are on everyone’s mind as the dust settles from Friday’s shocking general UK election results. The pressure is on how things will play out and affect the Brexit. The vultures are already circling over Theresa May, who has been described by former chancellor George Osbourne as a “dead […]

14.06.2017 – Economic Calendar by Dukascopy

Post by on June 13, 2017

Wednesday’s calendar is heavy on market movers that deserve a closer look. Starting things off at 6 AM is the final reading of German May CPI. The preliminary estimate puts the annual inflation at a 6-month low, mainly due to lower energy and services prices. UK Labour Report for May follows at 8:30. The April […]

Gold Tests Major Support Ahead of US Data and FOMC

Post by on June 13, 2017

Spot GOLD hit a high of $1295.96 on June 6th, last seen on November 9th. However, it has seen a substantial 2.2% retracement since June 7th, due to profit-taking and the release of the UK general election outcome which has eased markets’ risk-off sentiment. The price has been consolidating since Friday evening, holding above the […]

05.04.2017 – Economic Calendar by Dukascopy

Post by on June 13, 2017

The World of communicators come together once a year, usually in Davos, this time in Geneva. Now… All aboard the #WCF World Communication Forum 2017 in Geneva, Switzerland. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#209926 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy […]

Daily analysis of major pairs for June 13, 2017

Post by on June 13, 2017

EUR/USD: The outlook on EUR pairs is bearish this week, though the market has only moved sideways so far this week. More bearish movement may be witnessed this week, when volatility rises, which would put an end to the current bullish, but that would be when the support lines at 1.1050 and 1.1000 are breached […]

Analysis of EUR/USD for June 13, 2017

Post by on June 13, 2017

Recently, the EUR/USD pair has been trading sideways at the price of 1.1214. The trading idea from yesterday is still active. According to the 1H chart, there is a bullish Wolfe Wave pattern, which is a sign that selling looks risky. Also, there is a hidden bullish divergence in the background, which is another sign […]

GBP/USD analysis for June 13, 2017

Post by on June 13, 2017

Recently, the GBP/USD has been trading sideways at the price of 1.2730. Anyway, according to the 4H time frame, I have found potential double bottom formation and bullish Wolfe Wave pattern, which is a sign that selling looks risky. My advice is to watch for potential buying opportunities. The projected targets according to the Wolfe […]

Technical analysis of USD/CHF for June 13, 2017

Post by on June 13, 2017

Overview: The USD/CHF pair is still moving in a downwards from the level of 0.9733. The bottom price is seen at 0.9620. The trend has rebounded from the bottom of 0.9620 towards the level of 0.9716. So, the strong resistance has been already formed at the level of 0.9733 and the pair is likely to […]

Daily financial news by- Binary.com- June 13th, 2017

Post by on June 13, 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- June 13th, 2017

UK CPI Preview: Slumping Pound, QE Drives Inflation Higher

Post by on June 13, 2017

Following last summer’s Brexit vote, the Bank of England (BOE) warned that ultra-loose monetary policy may cause inflation to overshoot its official 2% target. That warning has materialized in recent months as inflation reached multiyear highs. Last month, the Office for National Statistics revealed that the UK CPI (consumer price index) rose to an annualized […]

13.06.2017 – Spike Controller by Dukascopy

Post by on June 13, 2017

Hello, you’re watching the primary Dukascopy Spike Controller for Tuesday, 13th of June. First up is the Euro/Dollar, which has a daily average spread of point 28 pips. Both of the sides were 2.4 pips apart during the past 4 hours. The pair declined by a total of point 42% or 47 pips, before wiping […]