Technical Market Overview: The GBP/USD pair has bounced finally from the level of 1.2866 and is currently moving towards the level of 1.2938, which is a part of the supply zone located between the levels of 1.2938 – 1.2960. Any breakout through this zone would extend the rally towards the level of 1.2977, 1.2996 or […]
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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 Binary_com – Daily financial news – 29.04.2019
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 Binary_com – Daily financial news – 29.04.2019
Control zones USDCAD 04/29/19
The current priority is to decrease, since the pair is trading below the WCZ 1/4 1.3470-1.3465. The first target of the corrective downward movement will be the WCZ 1/2 1.3418-1.3407. Reaching this zone will make it possible for you to partially close a short position and consider purchasing when forming the “false breakdown” pattern. Since […]
Control zones USDCAD 04/29/19
The current priority is to decrease, since the pair is trading below the WCZ 1/4 1.3470-1.3465. The first target of the corrective downward movement will be the WCZ 1/2 1.3418-1.3407. Reaching this zone will make it possible for you to partially close a short position and consider purchasing when forming the “false breakdown” pattern. Since […]
Technical Market Overview: The EUR/USD pair has bounced from the level of 1.1118 after a second low was made at the level of 1.1112. There is a Pin Bar candlestick formation formed at those level as well, so the move up might have some momentum behind it. Nevertheless, so far the bounce is shallow and […]
Crypto Industry News: A bill that would completely ban cryptocurrencies, reportedly circulating to various departments of the Indian government, media reports say. An official familiar with this issue reportedly told the financial newspaper that the government has begun interministerial consultations on the draft law “Prohibition of cryptocurrencies and regulation of official digital currency bills 2019”. […]
Crypto Industry News: Illegal mining of cryptocurrencies – or else crypto jacking – against consumers has essentially disappeared, declares MalwareBytes, a cybersecurity company, in a report they have issued. According to the report, after the closure of the CoinHive mining browser service in early March – when the team claimed that the project has become […]
Technical outlook: The EUR/USD pair rallied through 1.1175 levels on Friday, inviting traders to open short positions discussed earlier. Still probability remains for yet another push towards 1.1190, which is the upper boundary of resistance zone as well backside of the trend line and fibonacci 0.382 resistance of the entire drop between 1.1324 and 1.1111 […]
Morning Report: 07.00 London The US dollar has started the week on the back foot, potentially making it three straight days of backwards steps for the Greenback. Friday’s US non-farm payrolls could cement this trend. Dollar pairs are consequently on the front foot, enjoying back to back gains. The AUD/USD is higher for the third […]
Control zones NZDUSD 04/29/19
The movement last week was determined by the test of a monthly short circuit, which coincided with a weekly average course. The test of these zones gave the necessary demand for breaking the downward momentum. The goal of growth was the weekly short-cut 0.6731-0.6717. The achievement of which will allow fixing a part of purchases, […]
Fed, Nonfarm and European inflation: EUR/USD in anticipation of price turbulence
The upcoming week is full of important events. The results of the 5-day trading week will either strengthen the dollar’s dominance throughout the market, or return the greenback to its previous positions. If we talk directly about the EUR/USD pair, then here we are talking about the fate of the 10th figure. By and large, […]
Fed, Nonfarm and European inflation: EUR/USD in anticipation of price turbulence
The upcoming week is full of important events. The results of the 5-day trading week will either strengthen the dollar’s dominance throughout the market, or return the greenback to its previous positions. If we talk directly about the EUR/USD pair, then here we are talking about the fate of the 10th figure. By and large, […]
EUR/USD The main event on Friday was the publication of data on US GDP for the 1st quarter in the 2nd estimate. The indicator was raised from 2.2% to 3.2% while the indicator remained unchanged. In addition, there was an increase in consumer confidence from the University of Michigan in April – 97.2 points against […]
GBP/USD On Friday, under the general pressure of the US dollar, the pound sterling grew by 17 points. Today, in the Asian session, the pound is also slightly increasing, but so far the price is still developing under the red indicator balance line on the four-hour chart and the signal line of the marlin oscillator […]
USD/JPY In the past two days, the yen showed a trading range of 100 points, following a sharp fall on Thursday, there was an impulsive price increase of 60 points at higher volumes on Friday. However, the Bank of Japan itself became the cause of the increased volatility on Thursday, which in itself corrects the […]
Control zones EURUSD 04/29/19
Today, the primary requirements for the instrument have changed, which indicates the need to change the range of control zones. The closest resistance is the WCZ 1/2 1.1199-1.1191, which makes it possible to take a portion of the profit on the long position opened on Friday after an update of the weekly low. In case […]
Price is facing bearish pressure from our first resistance where we can expect a drop below this level to our first support level. Stochastic is approaching resistance as well. Entry : 0.6717 Why it’s good : horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% Fibonacci extension Stop Loss : 0.6775 Why it’s good : horizontal swing […]
Price is facing bearish pressure from our first resistance where we can expect a drop below this level to our first support level. Stochastic is approaching resistance as well. Entry : 0.6717 Why it’s good : horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% Fibonacci extension Stop Loss : 0.6775 Why it’s good : horizontal swing […]
EUR/NZD is approaching a key support where we expect to see a bounce from there!
Price broke out of its ascending support-turned-resistance line where we expect to see a further drop to its support at 1.6618 before bouncing back up to its resistance at 1.6783. Entry : 1.6618 Why it’s good : horizontal pullback support, 50% fibonacci retracement, 100% fibonacci extension Stop Loss : 1.6533 Why it’s good : 61.8% […]
EUR/NZD is approaching a key support where we expect to see a bounce from there!
Price broke out of its ascending support-turned-resistance line where we expect to see a further drop to its support at 1.6618 before bouncing back up to its resistance at 1.6783. Entry : 1.6618 Why it’s good : horizontal pullback support, 50% fibonacci retracement, 100% fibonacci extension Stop Loss : 1.6533 Why it’s good : 61.8% […]
Price is facing bearish pressure from our first resistance where we are expecting a drop below this level. Entry : 1.2973 Why it’s good : horizontal overlap resistance, 23.6% fibonacci retracement, short term descending resistance line Stop Loss : 1.3038 Why it’s good : 50% fibonacci retracement, horizontal pullback resistance Take Profit : 1.2774 Why […]
Price is facing bearish pressure from our first resistance where we are expecting a drop below this level. Entry : 1.2973 Why it’s good : horizontal overlap resistance, 23.6% fibonacci retracement, short term descending resistance line Stop Loss : 1.3038 Why it’s good : 50% fibonacci retracement, horizontal pullback resistance Take Profit : 1.2774 Why […]
AUD/USD. An unbeatable level of 0.7000: when will the aussie move even lower?
Last week, the Australian dollar slammed the onslaught of sellers: despite extremely weak and disappointing data on the country’s inflation growth, the AUD/USD pair did not allow the bears to consolidate below the key support level of 0.7000. Even the rumors about a possible reduction in the interest rate of the RBA could not provide […]
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 Binary_com – Weekly financial news – 28.04.2019