Palladium futures for December delivery are stretching a long-run uptrend within a narrowing channel, with the market printing a new record high of 1,747 on Thursday. The RSI hints overbought conditions as the indicator seems to be softening above 70, a sign that downside corrections may emerge. Despite that, the triple exponential average oscillator (TRIX), which looks […]

Trump said that the US and China are in a primary phase of a broader agreement last week, announcing an outline without convincing details on the terms agreed between the sides. While the US President cancelled additional tariffs this month, levies imposed since the start of 2018 remain intact, with analysts anticipating softer Q3 GDP […]

Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

NZDUSD buyers pushed off the 100-period simple moving average (SMA) and above various obstacles moving out of the Ichimoku cloud. The recent rally looks to shift the bias by climbing above the 200-day SMA, despite an overall short-term neutral picture prevailing, as indicated by the horizontal SMAs. The short-term oscillators reflect a kind of neutral […]

Conflicting Brexit headlines pull the pound in all directions Dollar retreats after disappointing US retail sales, euro capitalizes Aussie jumps after decent jobs data curb bets for RBA rate cuts Pound goes for another rollercoaster ride The British pound remains in the eye of the storm, with a barrage of conflicting Brexit headlines yesterday pulling […]

USDJPY managed to breach the strong barrier around 108.40 and the 50% Fibonacci of the downleg from 112.39 to 104.44 on Tuesday and it remains to be seen whether the bulls can crawl above the 200-day simple moving average (SMA), and more importantly, above 109.50 to convince traders that the bearish wave off 112.39 has come to […]

The most recent scene of the extensive seminar series of XM hosted throughout Malaysia was Kuala Lumpur on 12th October, where we had yet again the pleasure of welcoming a great many retail traders who took part to gain a better understanding of forex trading techniques. The educational event took place at Sheraton Imperial Kuala […]

The Japan 225 cash index’s recent rally has paused at the May high of 22,486 after producing a ten-month high of 22,612. Following an ascent that bounced off the 21,054 level, which is the 50.0% Fibonacci retracement of the up leg from 19,860 to 22,252, the signals are leaning towards a persisting positive outlook. The […]

EURNZD buyers are logging a new high, as they push past the peaks of 1.7590 and 1.7614 from August 26 and September 20 respectively. The rally off the 1.7358 level is also backed by the turn up and bullish crossover by the 40-period SMA with the 100-period one, which came after nearly a one-month convergence […]

12th October 2019 marked the day of our very first forex seminar in Nairobi, Kenya, where we were pleased to meet with our clients in person and offer them the opportunity to join a free forex seminar and workshop. Our seminar featured the professional presentation of internationally acclaimed forex instructor Avramis Despotis, who initiated event […]

Shortly after having hosted a free forex seminar in Mozambique, XM continued its way to Uganda to offer local traders an opportunity to embark on free professional forex education that can make a difference in their trading routines. We were pleased to welcome numerous online investors to our seminar held in the city of Kampala […]

EURJPY buyers are in the process of re-testing the 120.00 resistance level, after a slight correction moved the price beneath it. The Tenkan-sen line has distanced itself above the Kijun-sen line indicating that the rally that commenced on October 8 is intact, and another push higher cannot be ruled out. The short-term oscillators also concur […]

Pound resumes rally as optimism for a deal grows, but risk of pullback elevated US-China tensions flare up again as Congress pushes Hong Kong bill US retail sales data today may be crucial for whether Fed cuts in two weeks Sterling surges on reports Brexit deal is close, but hold your horses The British currency […]

Between 21st September and 12th October XM had the pleasure of welcoming clients to forex trading seminars hosted in as many as three different countries in Southeast and East-Central Africa: Mozambique, Uganda and Kenya. The event locations chosen for the seminar titled Technical Indicators, Oscillators and Japanese Candlesticks were none else than Maputo, Kampala and […]

EURGBP’s rebound off 0.8785 proved fragile as sellers took full control below 0.9000, violently pushing the price towards a five-month low of 0.8623 early on Wednesday. Technically, the market looks to have entered oversold territory as the RSI is close to 30 and the fast-Stochastics are searching for a bullish cross under 20. However, both […]

GBPNZD buyers dominated sellers, ascending fiercely to levels not seen in more than a year. The bulls overcame previous peaks from May 8 and September 20 of 2.0020 and 2.0000 respectively, as well as the 2.0180 resistance (now-turned-support) level and are now looking to advance even further. The short-term oscillators also back the bullish picture, […]

The latest employment numbers are due out of Australia on Thursday (0030 GMT) and may help investors get a better sense about the state of the labour market amid some mixed signals. Developments in the labour market are a key factor in monetary policy setting by the Reserve Bank of Australia, while the twists and […]

Uranium exploration in Canada to fuel the future nuclear power generation -ISOEnergy, Craig Parry, ISOEnergy Ltd. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#276957 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 Schauen Sie Dukascopy TV in Ihrer Sprache: […]

Uranium exploration in Canada to fuel the future nuclear power generation -ISOEnergy, Craig Parry, ISOEnergy Ltd. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#276957 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 Schauen Sie Dukascopy TV in Ihrer Sprache: […]

The widespread notion persists that central banks hold a large sway over financial markets. No less than the chief economist of a major global bank just expressed that view. EWI’s analysts argue otherwise. Here’s why it’s unwise to view the Fed or other financial authorities as a “safety net” for stock investors … Subscribe to […]

USDCAD trades between the converging simple moving averages (SMAs) with the sellers attempting to move underneath the 50-day SMA, after a deflection off the upper band of a two-month trading range. The signals from the tangled SMAs are indistinct. However, the MACD, although marginally above its red trigger line in the positive zone, looks to […]

Risk sentiment boosted after Trump says negotiations were “very, very good” Safe havens retreat along with US dollar, but caution keeps gold elevated Pound skyrockets after UK and Irish PMs say they see “pathway to possible deal” Renewed optimism that US and China can de-escalate tensions Signs that the US and China were making much-needed […]

GBPCHF staged an impressive rally on Thursday, recouping most of the losses recorded since mid-September and rising well above its simple moving averages (SMA) and the Ichimoku cloud on the four-hour chart. The forceful upside correction, however, looks fragile as the fast-stochastics and the RSI signal overbought conditions, indicating that the bullish action is running out of steam and […]

Financial history teaches many lessons. Let’s look at a notable “divergence” which occurred before the historic 2007 stock market top. Learn why this divergence served as an early-warning sign for stocks so you can apply the lesson currently and in the future. Learn How the Wave Principle Can Improve Your Trading

USDSEK attracted buyers around the 9.82 – 9.83 support region denying the bears further losses. Buyers are attempting to keep the positive picture in place, something also backed by the upward sloping simple moving averages (SMAs) and the uptrend line. The short-term oscillators reflect weakening negative momentum. The MACD has distanced itself under its red […]