Archive for Financial News

Gold shines as investors rush to safety

Article by ForexTime A sense of unease gripped the financial markets on Monday, with world stocks mostly lower as geopolitical uncertainty weighed on risk appetite.  Asian equity markets concluded depressed amid the lack of appetite for risk, and this bearish contagion has already infected European stocks. With geopolitical tensions in the Far East and political […]

Daily Market Report – USD/CAD Focused On Correction August 21, 2017

By Mexgroup.com USD/CAD Targeting New Lows USD/CAD opened with a gap down in the morning and looks determined to take out another support level. Is trading in the green right now even if the USDX is going down aggressively after another failure to take out the 93.81 static resistance. USDX is approaching the 93.00 psychological […]

Daily Market Report – GBP/USD needs a bullish spark August 21, 2017

By Mexgroup.com GBP/USD Could Buyers Take It Higher? GBP/USD Posted little gains today and needs a spark to be able to start another bullish momentum. Is trading in the green right, but looks undecided. I hope that we’ll have a trading opportunity very soon because looks like that the USD will decrease a little on […]

Fibonacci Retracements Analysis 21.08.2017 (EUR/USD, USD/JPY)

Article By RoboForex.com EUR USD, “Euro vs US Dollar” As we can see at the H4 chart, the EUR/USD pair is still being corrected to the downside. The main targets of this correction may be the retracements of 38.2% and 50% at 1.1605 and 1.1513 respectively. At the H1 chart, the situation is pretty the […]

RICE: Technical Analysis – China continues to sell the state grain reserves

By IFCMarkets China continues to sell the state grain reserves On Friday, China sold 511.8 thousand tonnes of rice from state reserves. This was reported by the Chinese National Grain Trade Center. Will the rice prices decrease? At the state auction on Friday, the 23.3% of the total volume of rice was sold. In general, […]

Markets look to a quiet start ahead of Jackson Hole Symposium

By Orbex Blog Daily Forex Market Preview, 21/08/2017 The US dollar was seen trading mixed by Friday’s close as the currency pair failed to hold on to the gains across some of its peers. The US dollar fell sharply against the Japanese yen, while against the euro and the British pound, the greenback was trading […]

Forex Technical Analysis & Forecast 21.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)

Article By RoboForex.com EUR USD, “Euro vs US Dollar” The EUR/USD pair is still consolidating around 1.1718. Possibly, today the price may fall towards 1.1718, break it, and then continue moving downwards to reach 1.1666. After that, the instrument may form another consolidation range, break it to the downside, and reach 1.1487. An alternative scenario […]

Politics & Central Bankers under investors’ radar

Article by ForexTime Less than a month ago the CBOE volatility index, known as the best indicator of fear in the markets, dropped to a record low of below 9. The declines were a result of steady equity markets, low trading volumes, and optimism that the markets were heading higher.  This has all changed in […]

EURUSD stays in price channel on 4-hour chart

EURUSD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 1.1909. As long as the price is in the channel, the downside movement could be expected to continue and next target would be at the bottom support trend line of the price channel on its daily chart. On […]

Your Weekly Fundamental View (21-25 August)

By Admiral Markets Need to Know The upcoming trading week is expecting several interesting economic data releases, such as the ZEW Indicator, UK GDP figures, the inflation rate from Japan, and new home sales from the U.S. The most important event is perhaps the economic symposium held in Jackson Hole, Wyoming, USA, on Saturday (see […]

Daily Market Report – USD/CHF Another Leg Higher August 21, 2017

By Mexgroup.com USD/CHF Inverse Head and Shoulders? The USD/CHF increased and is trying to recover after the last downside movement.Is trading in the green and looks determined to resume the Friday’s bullish candle. Price was rejected by a strong dynamic support and now is approaching an important dynamic resistance. However, we may still need a […]

US Dollar Trigger: EUR/USD, GBP/USD and USD/JPY

By Admiral Markets Analysis of the bull flag chart pattern within the EUR/USD uptrend, the GBP/USD approach of a support zone and potential head and shoulders pattern and the USD/JPY range within a triangle. This video reviews technical analysis and key chart zones and spaces of the EUR/USD, GBP/USD and USD/JPY. Article by Admiral Markets […]

USD/CAD Potential break of the trend line for downtrend continuation

By Admiral Markets The USD/CAD made another bearish swing during previous week as the Canadian CPI data was better than the previous reading. The CPI is the most important inflation-related release due to its earliness and broad scope. At this point the pair is having a retracement due to the bullish divergence formed at bottom. […]

Investors’ Focus Turns To Jackson Hole Fed Conference in Wyoming This Week 21-8-21

By Mexgroup.com  Dollar Moves Away From Friday’s 4-Month Low Vs Yen. The dollar inched up early on Monday, moving away from the four-month low against the yen weighed in the previous session on concerns that White House personnel changes will impair President Donald Trump’s ability to pass tax reform and stimulus measures. The dollar was up […]

Bitcoin Millionaires

By Adinah Brown While resisting the urge to jump on all the hype, surrounding cryptocurrencies and Bitcoin in particular, it seems that the big question that everyone want to know is who are the celebrities of the industry? To be more precise, who are those people that have become the almost mythical legends behind the […]

This week in monetary policy: Kazakhstan, Indonesia, Hungary, Botswana, Argentina, Iceland, Paraguay and Malawi

By CentralBankNews.info     This week (August 20 through August 26) central banks from 8 countries or jurisdictions are scheduled to decide on monetary policy: Kazakhstan, Indonesia, Hungary, Botswana, Argentina, Iceland, Paraguay and Malawi.     Following table includes the name of the country, the date of the next policy decision, the current policy rate, the result […]