Archive for Financial News – Page 2

GBPUSD’s bounce extended to 1.2759

GBPUSD’s bounce from 1.2589 extended to as high as 1.2759. Further rise to test the resistance of the top trend line of the price channel on its 4-hour chart is possible. As long as the channel resistance holds, the bounce could be treated as consolidation of the downtrend from 1.3047, and another fall towards 1.2450 […]

Your Weekly Fundamental View (June 26–30)

By Admiral Markets Need to Know The main focus of this week is on Central Bank’s reports and press conferences. This week is extremely rich in fundamental data that will be presented by Central Banks’ governors and chiefs. ECB, BOE, FED, BOC, and BOJ reports are all scheduled for this week, so be sure to […]

Markets nurse hangover from oil slump

Article by ForexTime World stocks regained some of their composure during Monday’s trading session with most markets edging higher after investors nursed their wounds from last week’s oil sell-off, which weighed on sentiment and soured risk appetite. Asian stocks marched into the green territory as participants diverted their attention away from depressed oil to optimism […]

Murrey Math Lines 26.06.2017 (EUR/USD, GBP/JPY)

Article By RoboForex.com EUR USD, “Euro vs US Dollar” The EUR/USD pair is consolidating above the 8/8 level between Super Trends. On Monday, the price may test the 8/8 level. If the pair rebounds from this level, the market may start a new descending correction towards the 6/8 one. As we can see at the […]

Energy and technology stocks lift S& P 500 and Nasdaq

By IFCMarkets US broad market rebounds after three-session slide US stocks closed higher on Friday. The dollar weakened: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, inched down 0.28% to 97.256. S&P 500 ended 0.2% higher at 2438.30 led […]

Forex Technical Analysis & Forecast 26.06.2017 (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 has almost completed the correction at 1.1206. Later, in our opinion, the market may continue moving downwards to reach 1.1116. After breaking it, the price may continue falling inside the downtrend with the local target at 1.1025.   GBP USD, “Great Britain Pound […]

EURUSD: Friday against Monday

By Gabriel Ojimadu, Alpari Previous: Trading on the Euro closed up on Friday. The Euro appreciated against the US dollar and British pound during the New York session. The EURUSD rose to 1.1209 and the EURGBP rose to 0.8805. It was strange for me when the price jumped from 1.1162 for seemingly no reason. That […]

CORN: Technical Analysis – Higher Argentine crop forecast bearish for corn prices

By IFCMarkets Higher Argentine crop forecast bearish for corn prices Corn prices decline as Argentine crop forecast is lifted. Will the price of corn continue falling? The Argentine agriculture ministry lifted its estimate for plantings of corn by 520 thousand hectares to 7.95m hectares. 2016-17 corn harvest estimate was revised up by 1.0m tons to […]

US Dollar in Final Trading Week of 2nd Quarter 2017

By Admiral Markets This week the EUR/USD is moving up towards a confuence zone of massive resistance. Chris is looking for a bearish reversal but will keep a close eye on 1.13 as a critical decision point. The GBP/USD is also approaching key resistance whereas the USD/JPY could be completing a bullish zigzag. Article by […]

EUR/JPY Flat Top Ascending Triangle Formation

By Admiral Markets The EUR/JPY has formed a flat top ascending triangle formation on H1 time frame, which suggests a possible continuation of bullish trend. Each triangle is a form of consolidation before the breakout, while the ascending triangle is a sign of uptrend. At this point we can see that the double top has […]

Will the range bound trading continue the week ahead?

Article by ForexTime Last week the financial markets experienced a very low volatility in equities, fixed income, and currency exchanges. The S&P 500 moved within 23 points trading range. Similarly, the U.S. 10-year Treasury bonds were stuck in a six basis points trading range, and FX markets were incredibly boring for many traders. Although oil […]

This week in monetary policy: Kyrgyzstan, Argentina, Czech Republic, Moldova, Fiji, Angola, Bulgaria and Dominican Republic

By CentralBankNews.info     This week (June 25 through Jul 1) central banks from 8 countries or jurisdictions are scheduled to decide on monetary policy: Kyrgyz Republic, Argentina, Czech Republic, Moldova, Fiji, Angola, Bulgaria and the Dominican Republic.     Following table includes the name of the country, the date of the next policy decision, the […]

WTI Crude Oil Speculators sharply dropped bullish bets for 2nd week

By CountingPips.com – Receive our weekly COT Reports by Email WTI Crude Oil Non-Commercial Speculator Positions: Large speculators sharply decreased their net positions in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts […]

Gold Speculators sharply reduced bullish net positions for 2nd week

By CountingPips.com – Receive our weekly COT Reports by Email Gold Non-Commercial Speculator Positions: Large speculators sharply cut back on their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of […]

10-Year Note Speculators sharply boosted bullish net positions for 2nd week

By CountingPips.com – Receive our weekly COT Reports by Email 10-Year Note Non-Commercial Speculator Positions: Large speculators sharply pushed bullish net positions in the 10-Year Note futures markets higher this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of […]

Silver Speculators sharply decreased bullish positions, down for 2nd week

By CountingPips.com – Receive our weekly COT Reports by Email Silver Non-Commercial Speculator Positions: Large speculators cut back on their net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Silver futures, […]