GBPUSD has been advancing over the last five days, following the rebound on the six-month low of 1.2500. Currently, the price is finding strong resistance near the 40-day simple moving average (SMA), which overlaps with the 1.2770 barrier. Looking at the technical indicators the stochastic seems to be overstretched as it is turning lower above the 80 […]
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Crypto Industry News: Joseph Muscat, Prime Minister of Malta, announced on Sunday that every tenancy agreement in Malta will be registered in Blockchain. The announcement took place during an interview at the local radio. The Prime Minister said that the reformed lease provisions were approved by the government after a long consultation period. This initiative […]
Crypto Industry News: Joseph Muscat, Prime Minister of Malta, announced on Sunday that every tenancy agreement in Malta will be registered in Blockchain. The announcement took place during an interview at the local radio. The Prime Minister said that the reformed lease provisions were approved by the government after a long consultation period. This initiative […]
Crypto Industry News: A representative of the Russian Ministry of Finance claims that the Ministry is considering permission to trade cryptocurrencies, according to the Russian information service. According to the publication, deputy finance minister Alexei Moiseyev told reporters that although the Ministry did not make a final decision, cryptocurrency trading could be allowed in the […]
Crypto Industry News: A representative of the Russian Ministry of Finance claims that the Ministry is considering permission to trade cryptocurrencies, according to the Russian information service. According to the publication, deputy finance minister Alexei Moiseyev told reporters that although the Ministry did not make a final decision, cryptocurrency trading could be allowed in the […]
Technical Overview: Despite the strong momentum, the GBP/USD pair rally has been capped at the technical resistance zone located between the levels of 1.2746 – 12761. There was a minimal breakout above the zone, but the price quickly reversed and made a Bearish Engulfing candlestick pattern. Please notice the market conditions are now overbought, so […]
Technical Overview: Despite the strong momentum, the GBP/USD pair rally has been capped at the technical resistance zone located between the levels of 1.2746 – 12761. There was a minimal breakout above the zone, but the price quickly reversed and made a Bearish Engulfing candlestick pattern. Please notice the market conditions are now overbought, so […]
Technical Overview: The EUR/USD pair has made another higher high as it hit the technical resistance at the level of 1.1406. Despite the overbought conditions, the momentum is still strong and positive, so the bounce is getting extended. In the case of a local pull-back, the nearest technical support is seen at the level of […]
Technical Overview: The EUR/USD pair has made another higher high as it hit the technical resistance at the level of 1.1406. Despite the overbought conditions, the momentum is still strong and positive, so the bounce is getting extended. In the case of a local pull-back, the nearest technical support is seen at the level of […]
EUR/USD On Monday, the euro increased by 28 points – growth slowed, and the leading Marlin oscillator on the daily and four-hour charts began to discharge, relieve tension. This can be both an early signal for a trend reversal, and the indicator itself is discharged before further growth of the instrument. Visually, the Marlin is […]
Technical analysis: Important intraday Level For EUR/USD, June 25,2019
Post by admin on June 25, 2019
When the European market opens, no economic data will be published. The US will release such economic data as New Home Sales, Richmond Manufacturing Index, CB ConsumerConfidence, S&P/CS Composite-20 HPI y/y, and HPI m/m. So, amid the reports,EUR/USD will move in a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: […]
Technical analysis: Important intraday level for USD/JPY, June 25,2019
Post by admin on June 25, 2019
Japan will release the Monetary Policy Meeting Minutes, SPPIy/y, and BOJ Core CPI y/y. The US will release such economic data as New Home Sales, Richmond Manufacturing Index, CB Consumer Confidence, S&P/CS Composite-20 HPI y/y, and HPI m/m. So, there is a probability the USD/JPY pair will move with low to medium volatility during this […]
The rally in GBP/JPY from 135.35 is still not certain and we need a clear break above minor resistance at 137.18 to confirm that wave 2 has completed and wave 3 is developing. The short-term minor support in the 135.91 – 136.03 area will be able to protect the downside for a new challenge of […]
Risk coming off, with geopolitics pushing traders into the CHF, JPY and gold
Post by admin on June 25, 2019
Your daily dose of global market moves, information and views
Risk coming off, with geopolitics pushing traders into the CHF, JPY and gold
Post by admin on June 25, 2019
Your daily dose of global market moves, information and views
The pound is aiming for $1.29
Post by admin on June 25, 2019
The G-20 summit, which will take place this weekend and is anticipated by market participants, will be crucial for US-China relations. It should show how the parties are interested in resolving the trade conflict. So far, traders hopes to achieve at least some agreements between the United States and China support high-yielding and risky assets. […]
The pound is aiming for $1.29
Post by admin on June 25, 2019
The G-20 summit, which will take place this weekend and is anticipated by market participants, will be crucial for US-China relations. It should show how the parties are interested in resolving the trade conflict. So far, traders hopes to achieve at least some agreements between the United States and China support high-yielding and risky assets. […]
Now, when the Fed and the ECB have given an open signal to the market to ease monetary policy, the question arises, who has the largest arsenal of ammunition? There is no need to look for an answer for a long time, since the European Central Bank clearly looks weaker: interest on deposits is already […]
On Monday, June 24, the price of gold istood at a previously reached mark, exceeding $1,400 per ounce. Last Friday, the precious metal’s price soared to $1,411 per ounce and is currently seeking to hold its positions. According to analysts, the current price is the highest since September 2013. Experts believe that the rising cost […]
GBP/USD. A family scandal lowered Johnson’s rating and supported the British currency
Post by admin on June 25, 2019
The pound-dollar pair within the 27th figure had increased by over 200 points during the week. The British currency has moved away from the price lows of the year and is now trying to show character using the greenback’s weakness. However, not only is the dollar devaluation pulling up the GBP/USD: for the first time […]
GBP/USD. June 24. Results of the day. The US dollar managed to win back some of the previously lost positions against the
Post by admin on June 25, 2019
4-hour timeframe The amplitude of the last 5 days (high-low): 76p – 59p – 131p – 96p – 104p. Average amplitude for the last 5 days: 93p (93p). The British pound sterling was slightly adjusted on Monday, June 24. As we remember from the EUR/USD review, there was no correction. Accordingly, this is what we […]
EUR/USD. June 24. Results of the day. Trade negotiations between Washington and Beijing continue. To no avail
Post by admin on June 25, 2019
4-hour timeframe The amplitude of the last 5 days (high-low): 43p – 62p – 67p – 92p – 95p. Average amplitude for the last 5 days: 72p (70p). While the euro continues to grow steadily against the US currency, traders have completely turned their attention away from meetings of EU and US regulators to the […]
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June 24, 2019 : EUR/USD may demonstrate a bearish pullback towards 1.1340.
Post by admin on June 24, 2019
Since February 28, the EURUSD pair has been moving within the depicted channel with slight bearish tendency. Short-term outlook turned to become bearish towards 1.1175 (a previous weekly bottom which has been holding prices above for some time. On the period between May 17th and June 5th, a bearish breakdown below 1.1175 was temporarily achieved. […]
June 24, 2019
Post by admin on June 24, 2019
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