USD/JPY The yen has been in a range between the price channel line and the balance indicator line for the past five days. Uncertainty in the stock market is also transmitted to the “protective” yen. So today, Asian stock indexes are declining against the US market’s growth from Friday. The reason for the discrepancy was […]

USD/JPY The yen has been in a range between the price channel line and the balance indicator line for the past five days. Uncertainty in the stock market is also transmitted to the “protective” yen. So today, Asian stock indexes are declining against the US market’s growth from Friday. The reason for the discrepancy was […]

GBP/USD The GBP/USD currency pair, unlike the EUR/USD pair, continued to trade in different directions last week. Buyers have reached the resistance area of 1.2636-1.2660 four times and the pair rebounded each time, starting a new round of corrective movement. Therefore, for now we can conclude that the bulls clearly lack the strength and desire […]

EUR/USD The euro/dollar pair rose to the resistance level of 1.1432 for the third time on the hourly timeframe on July 17, and buyers stopped near this mark and were unable to continue moving up. Thus, the bulls remain dominant in the market, but their strength over the past week was not enough to overcome […]

Hourly chart of the GBP/USD pair. With the GBP/USD currency pair, the situation has become a little clearer. We have put a new downward trend line on the chart, which now helps with determining the trend. As we can see, it is now descending. News from America and Britain no longer make traders buy the […]

Hourly chart of the EUR/USD pair. Friday, as well as the whole end of the past week, was quite difficult for trading. The problem was that traders were frankly nervous before an important event – the EU summit. In addition, on Thursday, the results of the meeting of the European Central Bank were summed up. […]

4-hour timeframe The British pound was generally trading slightly lower last trading week, in contrast to the European currency, which continued to grow. Thus, we point to the uncorrelation of the two main pairs. This means that the factors that currently affect the movement of pairs are different, that is, they can not come from […]

4-hour time frame For the whole week, EUR/USD was trading higher. The single European currency was advancing before the ECB policy meeting, after the meeting, and in the run-up to the EU summit. The summit is devoted to the two crucial questions. The first one is the long-term EU budget worth over €1 trillion for […]

Hi dear colleagues! The market has recovered after a shock slump in oil prices in early March. Afterwards, OPEC and its allies agreed on some oil output cuts that somehow revived oil prices. Investors and speculators also added to a notable advance of crude oil. Nevertheless, in the recent few weeks, the benchmark oil grades […]

The gold chart is ready to break out and gold producers like Fiore, Karora, Bluestone, and OceanaGold are a must-have for precious metal investors, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#290262 Смотрите Dukascopy TV на вашем языке: […]

The pound sterling is close to showing the weakest week of the month, as the economic outlook for Great Britain worsens. According to MUFG analysts, a report on British GDP published on Tuesday disappointed not only with weak growth in the main indicator but also with details. “The recovery of the services sector, in particular, […]

Minute operational scale (H4) The third week of July – growth of the US dollar? Options for the development of the movement #USDX vs EUR/USD & GBP/USD & USD/JPY (H4) on July 20, 2020. ____________________ US dollar index The development of the movement of the dollar index #USDX from July 20, 2020 will be due […]

EURUSD: Euro soars nearly approaching the highs of the week. You may keep purchases from 1.1345 with a stop at 1.1295, and 1.1370. The first target is at the level of 1.1520. The upward trend may continue towards 1.1800. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Comprehensive analysis of movement options […]

On March 20, the EURUSD pair has expressed remarkable bullish recovery around the newly-established bottom around 1.0650. Shortly after, a sideway consolidation range was established in the price range extending between 1.0770 – 1.1000. On May 14, evident signs of Bullish rejection as well as a recent ascending bottom have been manifested around the price […]

Since April, the GBPUSD pair has been moving sideways within the depicted consolidation range extending between the price levels of 1.2265 and 1.2600. On May 15, transient bearish breakout below 1.2265 (Consolidation Range Lower Limit) was demonstrated in the period between May 13 – May 26 denoting some sort of weakness from the current bullish […]

USDCAD has been moving sideways inside a trading range since early June. Price is moving between 1.37 and 1.35 and there is no clear direction for the last couple of months. This is not necessarily a bad thing because when price breaks out of the trading range we will have an important strong signal. To […]

Gold price has held above the key short-term support at $1,790-95 area. In our latest analysis we noted that it was favorable to open new long positions for short-term traders as price was very close to key support and stop loss levels. Green rectangles- support zones Blue rectangles – triple top Black line – resistance […]

Hopes for new government support in the US and Europe and growth in the number of new cases of COVID-19 led to mixed trading in the European stock market. Germany’s DAX rose by 0.1%, France’s CAC 40 fell by 0.5%, and Britain’s FTSE dropped by 0.2%. European Union leaders will meet again to discuss the […]

The second wave of COVID-19 could destroy economic recovery. In this regard, OPEC countries doubt that their record cut of oil production will not be able to keep the balance in the market. That is why it would be difficult to get rid of the record-high surplus of raw materials. From August 1, OPEC and […]

There were no common dynamics on the Asia-Pacific stock exchanges that are the same for all. On Friday, market participants reacted differently to incoming news about the reduction in the value of the shares of American colleagues, as well as the very limited growth opportunities of the US economy. However, most analysts note that a […]

The price of crude oil on Friday turned to a negative correction. The mood of market participants is generally very restrained and not too confident, which makes growth seriously limited. The pandemic crisis continues to put pressure on the market. Investors still do not understand how the growth in the number of new patients can […]

GBPUSD is in the process of pushing under the 1.2515 level, that being the 61.8% Fibonacci retracement of the down leg from 1.3200-1.1410, after the hike from 1.2250 was kept at bay by recent congested highs (1.2650-1.2686). The short-term oscillators echo the pick-up in negative momentum. The MACD has dipped below its red signal line […]

Technical analysis: GBP has been trading downside. As I expected, the GBP is heading towards the swing low at 1,2480 and i see further downside continuation Trading recommendation: Watch for the selling opporutnities in the next period with the downward targets at 1,2480 and 1,2445 The material has been provided by InstaForex Company – www.instaforex.com […]

Despite local failures, the EUR/USD pair managed to close the week by July 17 in the green zone. The ECB’s wait-and-see attitude, the Central Bank’s reluctance to end its emergency asset purchase program ahead of time, and the more favorable epidemiological situation in the Old World compared to the New pushed the euro above $ […]

NZDUSD is fixed around the steadied Ichimoku lines and 50-period simple moving average (SMA) as it continues to drift in a one-month horizontal formation. The price is stuck above the progressing 100- and 200-period SMAs, nurturing their positive bearing. Further promoting advances is the bullish demeanour within the stochastic oscillators’ %K and %D lines. However, […]