Archive for Financial News – Page 2

Ichimoku Cloud Analysis 18.04.2018 (AUDUSD, NZDUSD, USDCAD)

Article By RoboForex.com AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is trading at 0.7764; the instrument is moving above Ichimoku Cloud, which means that it may continue growing. The markets could indicate that the price may test the upside border of the cloud at 0.7745 and then continue moving upwards to reach 0.7850. Another signal […]

Forex Technical Analysis & Forecast 18.04.2018 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

Article By RoboForex.com EURUSD, “Euro vs US Dollar” EURUSD has finished the first descending impulse and right now is being corrected. Possibly, the price may reach 1.2382. Later, the market may form another descending impulse towards the short-term target at 1.2280.   GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed the first descending […]

EURUSD: breakout of the trend line likely

By Gabriel Ojimadu, Alpari Previous: On Tuesday the 18th of April, trading on the EURUSD pair closed slightly down. By the time trading closed, the euro had lost 10 pips against the dollar. In the US session, the euro shed 78 pips to reach 1.2336 after having hit a new high at the beginning of the […]

Gold Trend Line Break Expected on a Positive Momentum

By Admiral Markets Source: Admiral Markets MT5 with MT5SE Add-on Gold is rejecting POC zone, and soon we might see a trend line break (blue dotted line) that could be a sign of a trend continuation. 1335-40 is the POC zone, and the trend line break is expected if the price closes above 1348. The […]

UK wages rise less than forecast. Inflation data eyed

By Orbex Blog Daily Forex Market Preview, 18/04/2018 The U.S. dollar was seen trading on firmer ground yesterday amid a busy trading day. Investor appetite was seen improving across the board. Economic data from the UK showed that the unemployment rate fell to 4.2%, which was better than the expected 4.3% level. Wage growth was […]

Upbeat earnings lift markets

By IFCMarkets Dow turns positive for 2018 US stock indices closed solidly higher Tuesday on positive earnings reports. The S&P 500 climbed 1.1% to 2706.39 led by technology and consumer discretionary shares. All 11 main sectors ended higher. Dow Jones industrial average gained 0.9% to 24786.63, turning positive for the year. The Nasdaq composite index outperformed rising 1.7% to 7281.10. The dollar […]

American markets in focus going into Wednesday

Article by ForexTime US markets got a boost today from all the economic data that came out, and the USD did an about face and managed to claw back some ground on yesterday. The main driver was of course US building permits which lifted to 1.35M (1.32M exp), and US industrial production jumped to a […]

Sterling slips, Gold wobbles while Dollar inches higher

Article by ForexTime Sterling jumped to its highest level since the UK’s June 2016 Brexit, topping 1.4370 in early trading on Tuesday. However, prices later tumbled after investors were left disappointed by weaker than expected wage data. Although unemployment rate fell unexpectedly to 4.2% and pay growth now outpaces inflation for the first time in […]

5 “Core” Elliott Wave Patterns, Hershey (NYSE: HSY)

By Elliott Wave International The choppy rise in the stock of Hershey — and the sharp recent breakdown — speak volumes to an observant Elliott wave investor. See if you can spot the tell-tale signs… Click the chart below to download a printable PDF version: Now that you’ve labeled your HSY chart, watch the rest […]

Chinese Economy Growing Steadily

By RoboForex Q1 was overall good for China, although not in each and every aspect. The Chinese GDP rose by 6.8% YoY between Jan and Mar, quite in line with the expectations. This is the same rate as in Q4 2017. Meanwhile, manufacturing production declined compared to the previous value, rising only by 6% against […]

XAGEUR: Silver/Euro – Demand for silver in industry increased last year

By IFCMarkets Demand for silver in industry increased last year In this review, we suggest considering the personal composite instrument XAGEUR – Silver vs Euro. As its name suggests, it reflects the price dynamics of silver vs the European single currency. Will XAGEUR prices increase? Their growth indicates an increase in silver prices and a […]

Japanese Candlesticks Analysis 17.04.2018 (EURUSD, USDJPY)

Article By RoboForex.com EURUSD, “Euro vs. US Dollar” After reaching the resistance level in the H4 chart, EURUSD has formed several Doji, Harami, and Long-Legged Doji reversal patterns there. Judging by the previous movements, at the moment it may be assumed that these pattern won’t make the price reverse and the instrument will continue growing […]

Ichimoku Cloud Analysis 17.04.2018 (AUDUSD, NZDUSD, USDCAD)

Article By RoboForex.com AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is trading at 0.7779; the instrument is moving above Ichimoku Cloud, which means that it may continue growing. The markets could indicate that the price may test the upside border of the cloud at 0.7745 and then continue moving upwards to reach 0.7830. Another signal […]

EURUSD: bulls preparing to test 1.24

By Gabriel Ojimadu, Alpari Previous: On Monday the 16th of April, trading on the euro closed up. The euro started rallying as trading got underway in Europe. The main reason for this was the universal decline of the US dollar, brought about by America’s military action in Syria. Despite this, markets opened relatively peacefully. One thing […]

DAX30 Ascending Trend Line at Fibonacci 50.0 Retracement

By Admiral Markets Source: Admiral Markets MT5 with MT5SE Add-on US retail sales overnight exceeded expectations, and in particular car sales were higher in the US, which is good news for Dax30 car exporters. European Equities have been a little bit under pressure as the EUR continues to gain strength, making their exports more expensive. […]

Trump shifts from trade to currency war; Sterling in focus

Article by ForexTime The strong performance of U.S. equities on Monday and better than expected Chinese GDP failed to inspire Asian markets today. Equity benchmarks in Tokyo were slightly lower along with China’s CSI and Kospi 200, while Australian ASX rose on support from the materials and consumer sector. China’s GDP managed to beat expectations […]