On January 2nd, the market initiated the depicted uptrend line around 1.2380. On March 11, a Weekly bearish gap pushed the pair below the uptrend line (almost reaching 1.2960) before the bullish breakout above short-term bearish channel could be achieved. Shortly after, the GBPUSD pair demonstrated weak bullish momentum towards 1.3200 then 1.3360 where the […]

BTC has traded upward as we expected. The price tested the level of $5.610. Anyway, there is a strong resistance near $5.610 and our advice is to watch for potential selling opportunities. Purple rectangle – Swing high (resistance) Smaller yellow channel – short-term channel BTC did stop going upward exactly at the resistance and the […]

BTC has traded upward as we expected. The price tested the level of $5.610. Anyway, there is a strong resistance near $5.610 and our advice is to watch for potential selling opportunities. Purple rectangle – Swing high (resistance) Smaller yellow channel – short-term channel BTC did stop going upward exactly at the resistance and the […]

EURUSD traded higher as we expected yesterday. The price tested the level of 1.1239. The bearish divergence on the oscillator is building but the price is still trading in the well-defined upward channel. Orange rectangle – 20EMA acting like support Green lines – Upward channel Purple rectangle – Strong resistance based on price action EURUSD […]

EURUSD traded higher as we expected yesterday. The price tested the level of 1.1239. The bearish divergence on the oscillator is building but the price is still trading in the well-defined upward channel. Orange rectangle – 20EMA acting like support Green lines – Upward channel Purple rectangle – Strong resistance based on price action EURUSD […]

Gold did test again the key short-term support cluster at the price of $1.278. We expect further upward movement and potential test of upper references. Yellow rectangle – Short-term resistance, which became key support Blue moving average – 20EMA acting like support Green rectangle – Resistance based on price action Green rectangle – Resistance 2 […]

Gold did test again the key short-term support cluster at the price of $1.278. We expect further upward movement and potential test of upper references. Yellow rectangle – Short-term resistance, which became key support Blue moving average – 20EMA acting like support Green rectangle – Resistance based on price action Green rectangle – Resistance 2 […]

Bitcoin has been extending a climb with proper sustainability along the way towards $5,500, though the price is making downward corrections along the way. There are no weighty reasons for Bitcoin to disrupt the bullish bias. Thus, BTC is expected to develop a steady rally with a target towards $6,000. The price clearing above the […]

Bitcoin has been extending a climb with proper sustainability along the way towards $5,500, though the price is making downward corrections along the way. There are no weighty reasons for Bitcoin to disrupt the bullish bias. Thus, BTC is expected to develop a steady rally with a target towards $6,000. The price clearing above the […]

Overview: The NZD/USD pair is showing signs of weakness following a breakout of the lowest level of 0.6648. On the H1 chart. the level of 0.6648 coincides with 23.6% of Fibonacci, which is expected to act as minor support today. Since the trend is below the 23.6% Fibonacci level, the market is still in a […]

Overview: The USD/CAD pair continues to move upwards from the level of 1.3368. In April, the pair rose from the level of 1.3368 (the level of 1.3228 coincides with a ratio of 38.2% Fibonacci retracement) to a top around 1.3519. But it rebounded from the top pf 1.3519 to 1.3370. Today, the first support level […]

EUR/USD Over the past six months, a complex upward corrective pattern has been developing on the European currency chart. The unfinished wave of short-term scale is bearish, starting from March 20. By the current day, it forms the final part (C), within which, in turn, an upward corrective pullback is completed. The price of the […]

Good data on the US economy limited the upside potential of the euro, which was observed after more than excellent reports in Germany and the eurozone. According to S&P and Case-Shiller, house price growth in the US slowed down in February 2019. The national housing price index in February rose by 4% compared with the […]

Wave counting analysis: On April 30, the GBP/USD pair gained about 100 base points and now there are doubts about the readiness of the pair to continue building the downward trend. Wave marking is not quite the standard form. The latest news regarding Brexit can be interpreted in different ways. They relate to the negotiations […]

Wave counting analysis On April 30, trading ended for the EUR/USD pair with an increase of 55 bp. Thus, the euro has been growing for the third day in a row, and the internal corrective wave 3 turns out to be very long. The MACD indicator shows growth and passed the zero mark. I am […]

Apparently, the Bitcoin exchange rate is gaining strength again after a small consolidation, which was observed at the beginning of this week. The cryptocurrency is close to a large annual maximum in the region of 5660, which will generate a new impulse wave of growth. Signal to buy Bitcoin (BTC): To resume the upward trend, […]

To open long positions on GBP/USD, you need: After yesterday’s strong growth of the pound, it is best to return to long positions today after the formation of a false breakdown in the support area of 1.3018, but larger players can go only after a deeper downward correction to the area of 1.2983, where you […]

To open long positions on GBP/USD, you need: After yesterday’s strong growth of the pound, it is best to return to long positions today after the formation of a false breakdown in the support area of 1.3018, but larger players can go only after a deeper downward correction to the area of 1.2983, where you […]

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 – 01.05.2019

To open long positions on EURUSD, you need: The divergence that was formed on the MACD indicator may limit the further growth of the euro today in the first half of the day. Given the fact that Europe is celebrating Labor Day today, volatility will be low. It is best to consider long positions after […]

To open long positions on EURUSD, you need: The divergence that was formed on the MACD indicator may limit the further growth of the euro today in the first half of the day. Given the fact that Europe is celebrating Labor Day today, volatility will be low. It is best to consider long positions after […]

Crypto Industry News: Citizens of South Korea buy cryptocurrencies in the largest amounts ever recorded and spend more money fiat to do so, according to the local newspaper. Referring to the results of a non-profit survey carried out in December 2018 by the Korean Foundation for the Protection of Financial Investors, Arirang revealed that 7.4% […]

Crypto Industry News: Citizens of South Korea buy cryptocurrencies in the largest amounts ever recorded and spend more money fiat to do so, according to the local newspaper. Referring to the results of a non-profit survey carried out in December 2018 by the Korean Foundation for the Protection of Financial Investors, Arirang revealed that 7.4% […]

Morning Report: 07.00 London The US dollar index is weaker again this morning after heavy selling yesterday. While stock markets trade at record highs, the dollar plunged as better than expected consumer confidence dented demand for safe havens. This comes despite mixed tech earnings, with Google slumping and Apple rising after their mixed reports. The […]

Crypto Industry News: According to a published statement, the Australian Tax Office (ATO) will try to contact salespeople dealing with cryptocurrencies in tax matters in a new data collection system. ATO, which cooperates with the Australian Securities and Investment Commission (ASIC) and the Australian Center for Transaction Reports and Analysis (AUSTRAC), claims that it will […]