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GBP AUD! £ strength
GBP AUD Swing trade to the upside. 1. 4hr timeframe has been pulling back for time now and is slowing losing momentum. 2. 200 MA is strongly below price shows we are in a strong up trend on the 4hr timeframe 3. Multi timeframe analysis we drop to the 1hr and see a double bottom has
Silver Price Analysis: XAG/USD battles 200-hour EMA, nearby resistance line around $27.50
Silver prices struggle to keep upside momentum from 61.8% Fibonacci retracement of August 25 to September 01 upside.
Monthly top, $29.85 question the bulls targeting $30.
Late-August bottom near $26 adds to the downside barriers.
Silver keeps recovery moves from $27.07 while taking rounds to $27.50
18 pair update: 5 and 10 year averages
EUR/USD 10 year average is located at 1.2179. A break higher then range becomes 1.2179 to the 14 year average at 1.2657. Next levels 1.2040 1.2113, 1.2186 and 10 year at 1.2179. Massive resistance at 1.2179 and 1.2186.
EUR/JPY 5 and 10 year averages as follows: 124.91 and 123.35 then the 14 year a
USD/JPY eases from three-week high to sub-107.00 area amid risk reset
USD/JPY snaps four-day winning streak while taking a U-turn from 106.92.
Market sentiment stays positive despite US stimulus deadlock, trade wars.
The upbeat performance of Japanese PPI exerts additional downside pressure.
A light calendar keeps risk catalysts in the driver’s seat.
USD/JPY drops to
Euro Climbs On Stimulus Hopes
The euro turned higher against its major counterparts in the European session on Tuesday, as hopes of a stimulus deal in Washington and news of a coronavirus vaccine lifted European shares. U.S. congressional leaders and officials in President Donald Trump's administration said on Monday they were r
When is the RBNZ and how it could affect NZD/USD?
Early Wednesday at 02:00 GMT market sees the key monetary policy decision by the Reserve Bank of New Zealand (RBNZ). Having initially turned down the bears New Zealand’s central bank is anticipated to adopt a dovish tone amid the latest coronavirus (COVID-19) woes. However, Governor Adrian Orr and t
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 105.58; (P) 105.82; (R1) 106.16;
USD/JPY is staying in consolidation from 106.47 and intraday bias remains neutral. The bullish case is still in favor for now. That is, corrective fall from 111.71 has completed with three waves down to 104.18, after missing 100% projection of 111.
EUR/USD Price Analysis: Double top on the daily chart
EUR/USD retreats to 1.1735, having faced rejection above 1.19 last Thursday.
The pair failed to keep gains above 1.19 on July 31.
Daily chart now shows a double top pattern with neckline at 1.1696.
EUR/USD looks to have formed a double top bearish reversal pattern on the daily chart with the ne
Australia Sends Finacial Advisor to Jail for $1.33 Million Fraud
Photo: iStock
An Australian court has sentenced Graeme Walter Miller, a former financial adviser and director of Australian financial services-licensed CFS Private Wealth, to six years of imprisonment for misappropriation of AUD 1.865 million ($1.33 million).
The sentencing was delivered after Mil
Australian, NZ Dollars Lower Amid Rising Risk Aversion
The Australian and NZ dollars moved down against their major counterparts in the Asian session on Thursday, as rising U.S-China tensions and concerns about the economic cost of the coronavirus pandemic dampened sentiment.
Investors remained cautious due to the rising number of coronavirus cases worl
Brazil Regulator Orders Binance to Cease Offering Crypto Derivatives
Photo: iStock
Brazil’s financial markets regulator, the Securities and Exchange Commission (CVM), has banned the influential crypto exchange Binance from offering derivative products in the country.
The Brazilian commission said derivative referencing cryptocurrencies, or any other underlying asse
Payments Unicorn Pine Labs竞标Wirecard的亚洲业务
由万事达卡(Mastercard)支持的印度支付初创公司Pine Labs正在考虑收购注定要失败的金融科技巨头Wirecard的亚洲业务。当地新闻媒体《经济时报》援引三个内部匿名消息来源报道,至少有四家公司对出售Wirecard部门进行了询问,其中包括日立支付公司和由Atos支持的Worldline Technology,而PineLabs则位居前列。一位消息人士说:“其他许多参与者也对该公司在该地区的资产表示了兴趣,此事的合法性仍然有待观察。”这是因为这家德国金融科技公司卷入了大规模丑闻,其银行账户中缺少现金19亿欧元(21亿美元),导致其长期任职的首席执行官马库斯·布劳恩(Marcus B
Vantage FX推出多资产经纪Moneta市场
Vantage FX运营商推出了一个名为Moneta Markets的新交易平台,提供多种资产类别的可交易工具,包括外汇,加密货币,股票差价合约以及大宗商品。Moneta Markets的创始人,前营销和合作伙伴关系负责人David Bily在LinkedIn上写道:“过去12个月来我一直不懈地努力的一个大型项目终于得以实现!我的新外汇和差价合约交易品牌Moneta Markets终于启动并运营。经过数年的聆听和了解交易者的真正需求,Moneta Markets量身定制,同时兼顾了功能和简便性,以提供快速便捷的进入全球金融市场的机会。”从新推出的平台的网站上可以看到,Moneta Market
Pull-up Update