When the European market opens, some economic data will be released such as German 30-y Bond Auction, Final Core CPI y/y, Final CPI y/y, and Italian Trade Balance. The US is due to present Crude Oil Inventories. Amid this background, EUR/USD will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVELS: Breakout […]
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When the European market opens, some economic data will be released such as German 30-y Bond Auction, Final Core CPI y/y, Final CPI y/y, and Italian Trade Balance. The US is due to present Crude Oil Inventories. Amid this background, EUR/USD will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVELS: Breakout […]
In Asia, Japan will release the Revised Industrial Production m/m and Core Machinery Orders m/m. The US is due to present Crude Oil Inventories. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVELS: Resistance 3: 113.23. Resistance 2: 113.01. Resistance 1: 112.79. Support […]
In Asia, Japan will release the Revised Industrial Production m/m and Core Machinery Orders m/m. The US is due to present Crude Oil Inventories. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVELS: Resistance 3: 113.23. Resistance 2: 113.01. Resistance 1: 112.79. Support […]
EUR/USD: The EUR/USD pair made some bullish attempt on Monday and Tuesday. Price has gained more than 170 pips, which has resulted in a clean Bullish Confirmation Pattern in the market. The next targets for bulls are located at the resistance lines at 1.1100 and 1.1150, which would be reached before the end of this […]
EUR/USD: The EUR/USD pair made some bullish attempt on Monday and Tuesday. Price has gained more than 170 pips, which has resulted in a clean Bullish Confirmation Pattern in the market. The next targets for bulls are located at the resistance lines at 1.1100 and 1.1150, which would be reached before the end of this […]
USDX had a strong decline on Tuesday and it’s consolidating well below the 98.20 level. The support zone of 98.08 is now the area where buyers will try to correct the recent decline. If that level gives up, then we can expect a downside acceleration towards the 97.50 level. However, if the corrective move happens, […]
USDX had a strong decline on Tuesday and it’s consolidating well below the 98.20 level. The support zone of 98.08 is now the area where buyers will try to correct the recent decline. If that level gives up, then we can expect a downside acceleration towards the 97.50 level. However, if the corrective move happens, […]
GBP/USD is hovering in a sideways range across the board, with a support found around the 1.2855 level. Overall, the path is not clear and one could expect another rally to test the 1.2957 level. While our outlook remains bullish, we can expect further downside only if the Cable manages to break below the 1.2855 […]
GBP/USD is hovering in a sideways range across the board, with a support found around the 1.2855 level. Overall, the path is not clear and one could expect another rally to test the 1.2957 level. While our outlook remains bullish, we can expect further downside only if the Cable manages to break below the 1.2855 […]
The price has risen further and is now approaching major resistance at 84.51 (Fibonacci extension, Elliott wave theory, horizontal swing high resistance, bearish divergence) and we expect a drop from this level towards the 84.07 support (Fibonacci retracement, horizontal pullback support). Stochastic (89,5,3) is seeing strong resistance at 94% and also sees bearish divergence vs […]
Overview The USDJPY pair provided some slight positive attempts yesterday, but it did not reach 113.97 levels starting today with bearish bias approaching from the EMA50 again. Stochastic lost its bullish momentum and began to provide negative overlapping signal on the four-hour time frame. Therefore, we will continue suggesting the bearish trend in the upcoming […]
Overview In spite of the GBPJPY price stability above the initial support at 145.45 levels, we notice the slowness of the bullish trading due to a lack of bullish momentum until this moment. We expect a positive crawl until gaining the required momentum, which allows it to push the barrier at 148.45. The price is […]
Overview The GOLD price keeps its stability above 1,229.32 levels and above the correctional bearish trend resistance keeping the bullish trend active for today. The price is likely to test 1,254.56 levels initially. A breach of this level will open the way to head towards 1,295.37 as the next main station. Therefore, we will continue […]
Overview The Silver price settles above 16.56 levels. The 16.80 barrier is still forming an obstacle against the price attempts to rise, while stochastic attempts to get rid of its negativity and gain the positive momentum on the four-hour time frame. Therefore, the bullish trend scenario will remain suggested in the upcoming period unless breaking […]
Trump is in most of the headlines on this Tuesday and US stock indexes opened slightly in the green to turn red shortly afterwards, so let’s see what’s moving and shaking on the FX Markets. Euro /New Zealand had had a bullish session and the pair has gained close to 1% to post the day’s […]
Forex News Discussion: 16/05/2017 – Euro and pound hit highs as dollar retreats
Post by admin on May 16, 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.
This is the Economic Calendar for Wednesday, the 17th of May. Let’s see which news releases could move the currency markets. UK Labour Report for April is up first at 8:30 AM. The British labour market has been a strong performer for the last couple of years, and employment now stands at a record-high level […]
You’re watching the Dukascopy Midday Snapshot, where we take a look at how the market participants have performed over the 12 hours to midday. Euro/Dollar has shot up by a total of 87 pips, breaking through the 1 10 level to trade point 66% in the green at noon. Trading has been active, the pair […]
Drnk Pay & HTC U11
Post by admin on May 16, 2017
A phone that you squeeze and an app to control your inner drunkard… all this and more in today’s IT Industry catch up. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#212533 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 […]
GBP/USD analysis for May 16, 2017
Post by admin on May 16, 2017
Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.2957. Anyway, according to the 1H time frame, I found a fake breakout of yesterday’s high, which is a sign of weakness. There is a strong up-thrust (a reversal bar) in the background, which is another sign that sellers are in […]
Analysis of Gold for May 16, 2017
Post by admin on May 16, 2017
Recently, GOLD has been trading upwards. As I expected, the price tested the level of $1,237.34. Anyway, I still epxect higher price. Today I found an open and dive type of trading, which is a bullish session type. In the background, I found a broken trading range, which is another sign of strength. The price […]
You’re watching the primary Dukascopy Spike Controller, providing you with the benchmark interbank price data for Tuesday. Euro/Dollar’s spreads have averaged at point 33 pips during the past 24 hours, peaking at 1.1 pips. The pair has shot up above the key 1 10 level, gaining point 89% or almost 100 pips in a sharp […]
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EUR/USD: The EUR/USD pair made some bullish attempt yesterday, and that action has invalidated the last short-term bearish signal in the market. Price is currently above the support line at 1.0950, going towards the resistance line at 1.1000. USD/CHF: The USD/CHF pair has almost generated a bearish signal on the 4-hour chart. The bearish movement […]
