Monthly Outlook In January 2015, the EUR/USD pair moved below the major demand levels near 1.2100 (Multiple previous bottoms set in July 2012 and June 2010). Hence, a long-term bearish target is projected toward 0.9450. In March 2015, EUR/USD bears challenged the monthly demand level around 1.0500, which had been previously reached in August 1997. […]

Recently, the USD/JPY has been trading downwards. The price tested the level of 110.27. Anyway, according to the 30M time frame, I found a fake breakout of the Friday’s low, which is a sign that selling today looks risky. My advice is to watch for potential buying opportunities. The upward targets are set at the […]

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 5th, 2017

You’re watching the Economic Calendar for Tuesday, the 6th of June. Let’s see which news releases could move the currency markets. Euro Zone Investor Confidence for June is up first at 8:30, and the May data was quite a surprise as the Index soared to a 10-year high; in particular, investors are increasingly optimistic in […]

EUR/USD: The EUR/USD pair went upwards last week, closing above the support line at 1.1250 on June 2, and going towards the resistance line at 1.1300. The resistance line at 1.1300 may even be breached to the upside as price goes further upwards. However, a bearish reversal is likely to take place this week or […]

Recently, the GBP/USD has been trading sideways at the price of 1.2910. According to the 4H time frame, I found shakeout of the swing low and confirmed double bottom formation, which is a sign that selling looks risky. The projected upward target is set at the price of 1.3000. My advice is to watch for […]

Overview: The GBP/USD pair moved around the strong resistance at the area of 1.2973 because the double top is set around the spot of 1.3047. Consequently, the strong resistance has already been formed at the level of 1.2973 and the pair is likely to trade around the spot of 1.2973 and 1.2744. However, if the […]

Find out what have been the maximum spreads so far this week by watching the primary Dukascopy Spike Controller. A half a pip is the daily average spread for the Euro/Dollar and both of the sides were point 7 pips apart during the past 4 hours. Rate movement has been relatively calm, high and low […]

Global macro overview for 05/06/2017: The NFP Payrolls data from the US disappointed global investors. Expectations for Friday’s NFP report were set initially at 180k new jobs but were reported at actual 138k jobs. Job gains in March and April were revised down by 66k collectively. The unemployment rate edged down to 4.3% from 4.4% […]

These are the Main Daily Trading Signals for Monday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar’s hourly chart is split between red and neutral signals, while the mid-term brings 5 neutral studies. The daily outlook turns green with 4 models, in line with the more than 19% long interbank. […]

The London terror attack happened on Saturday, June 3rd, which was the third terror attack in the UK this year following the Westminster terror attack in March and the Manchester terror attack in May. The timing of the London terror attack especially sensitive being just a few days prior to the general election. The polls […]

The London terror attack happened on Saturday, June 3rd, which was the third terror attack in the UK this year following the Westminster terror attack in March and the Manchester terror attack in May. The timing of the London terror attack especially sensitive being just a few days prior to the general election. The polls […]

Trading plan for 05/06/2017: Today’s volatility is limited and, given today’s holiday in many important financial centers, it is difficult to count on a change of this situation. The strong finish of the week on Wall Street does not improve the mood in Asia. Shanghai Composite and Hang Seng are under the line. Of the […]

It’s a new trading week, and the Dukascopy TV team is back with another Support and Resistance Level Report. Euro/Dollar shot up on Friday, and it still stands between R1 of 1 1290 and S1 of 1 1260. Price Channel Indicator Upper Line is among the 3 models for R1, and R2 counts Bollinger Upper […]

Wave summary: We continue to look for more upside pressure through minor resistance at 1.5931 and more importantly above resistance at 1.6006 confirming a continuation higher towards 1.6655. Only an unexpected break below 1.5660 will delay the expected rally and revive the “old” 1.5485 target in an expanded flat wave ii/, before higher again. R3: […]

Wave summary: Despite a slightly deeper correction from 125.31 than first expected, we remain bullish for more upside pressure above 125.31 and more importantly a break above resistance at 125.81, which will confirm a continuation higher towards 127.50 and above. Even if a break below 124.38 is seen that should only call for a little […]

When the European market opens, some Economic Data will be released, such as Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI. The US will release the Economic Data, too, such as Labor Market Conditions Index m/m, Factory Orders m/m, ISM Non-Manufacturing PMI, Final Services PMI, […]

In Asia, today Japan will not release any Economic Data, but the US will release some Economic Data, such as Labor Market Conditions Index m/m, Factory Orders m/m, ISM Non-Manufacturing PMI, Final Services PMI, Revised Unit Labor Costs q/q, and Revised Nonfarm Productivity q/q. So, there is a probability the USD/JPY will move with low […]

Boris and Kathy Forex Weekly – 5/6/2017 – Majors The surprisingly soft non-farm payrolls report on Friday sent the U.S. dollar tumbling against all of the major currencies but even with the decline, the greenback did not end the week universally lower. Read Full Article: https://pepperstone.com/en/forex-news/market-review/boris-and-kathy-forex-weekly-5-6-2017 Want to see more Forex videos like this: https://www.youtube.com/playlist?list=PLBBgX72zYMKVYbuf3Y_ATq1OlVKcEWUQA […]

Boris and Kathy Forex Weekly – 5/6/2017 – Commodity Dollars The surprisingly soft non-farm payrolls report on Friday sent the U.S. dollar tumbling against all of the major currencies but even with the decline, the greenback did not end the week universally lower. Read Full Article: https://pepperstone.com/en/forex-news/market-review/boris-and-kathy-forex-weekly-5-6-2017 Want to see more Forex videos like this: […]

Boris and Kathy Forex Weekly – 5/6/2017 – Crosses The surprisingly soft non-farm payrolls report on Friday sent the U.S. dollar tumbling against all of the major currencies but even with the decline, the greenback did not end the week universally lower. Read Full Article: https://pepperstone.com/en/forex-news/market-review/boris-and-kathy-forex-weekly-5-6-2017 Want to see more Forex videos like this: https://www.youtube.com/playlist?list=PLBBgX72zYMKVYbuf3Y_ATq1OlVKcEWUQA […]

The index had a strong decline on Friday after the disappointing jobs data in the United States and it’s now piercing the 96.90 level. The target is now placed to the downside around 96.25 and having in mind that USDX was trapped in a bearish consolidation, such scenario is feasible for the short-term. MACD indicator […]

The pair is hovering around the 200 SMA at H1 chart, with a resistance at 1.2911 helping to cap further gains. To the downside, GBP/USD should make a breakout below 1.2845 in order to resume the bearish structure and the efforts are getting weak for the buyers and that’s why we would be watching for […]

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-June 4th, 2017

Watch our ”Weekly Forex Review and Outlook” to catch up on the past week’s main events and their impact on major currencies and also find out what important economic data will be coming up in the future.