Latest

Fed may not have enough firepower to prevent a recession

President Donald Trump wants the Federal Reserve to help head off a feared economic slowdown, but it’s not clear the central bank has enough firepower left to do so. Besides, some economists say, there’s really not much reason for the...

Fed may not have enough firepower to prevent a recession
EURGBP Wave Analysis – 16 August, 2019

EURGBP reversed from resistance area Further losses are likely EURGBP previously reversed down precisely from the resistance area lying between the multi-year resistance level 0.9300 (which has been reversing the price from 2016) and the upper weekly Bollinger Band. If...

Platinum Wave Analysis – 16 August, 2019

Platinum broke support area Further losses are likely Platinum recently broke the support area lying between the support level 850.00 (former resistance from June) and the support trendline of the daily down channel from June. The breakout of this support...

Perhaps Bitcoin may become digital gold but forget about the altcoins

Bitcoin’s consistent failure to take several round levels along the path of growth, and then the sideways trend turned into a sell-off. Sellers pushed the Bitcoin down to $9,700, where they saw an increase in purchases from bulls returning the...

Economic Events

Daily Outlook

Crypto Review

Perhaps Bitcoin may become digital gold but forget about the altcoins
Perhaps Bitcoin may become digital gold but forget about the altcoins

Bitcoin’s consistent failure to take several round levels along the path of growth, and then the sideways trend turned into a sell-off. Sellers pushed the Bitcoin down to $9,700, where they saw an increase in purchases from bulls returning the...

Bit-comment: Bitcoin’s desperate fight for 10K
Bit-comment: Bitcoin’s desperate fight for 10K

The bulls are in a desperate fight for the most important threshold and psychological level of $10K. The bull and bear confrontation this time seems particularly fierce. The statistics on trading volumes looks rather unusual. If in the past the...

Bit-comment: Another day with 7% drop for Bitcoin
Bit-comment: Another day with 7% drop for Bitcoin

Bitcoin lost more than 7% in a day and trades around $9,800. Many alternative cryptocurrencies, including XRP, ZEC, are traded near lows that were witnessed at the peak of “crypto winter”. At the same time, the total capitalization of the...

more
Load More

Start receiving daily digest of fresh analytics to your email



Market Snapshots

August 16
Fri
August 15
Thu
August 14
Wed
August 13
Tue
August 12
Mon
August 9
Fri
August 8
Thu
August 7
Wed
August 6
Tue
August 5
Mon
EURGBP Wave Analysis – 16 August, 2019
EURGBP Wave Analysis – 16 August, 2019

EURGBP reversed from resistance area Further losses are likely EURGBP previously reversed down precisely from the resistance area lying between the multi-year resistance level 0.9300 (which has been reversing the price from 2016) and the upper weekly Bollinger Band. If...

Platinum Wave Analysis – 16 August, 2019
Platinum Wave Analysis – 16 August, 2019

Platinum broke support area Further losses are likely Platinum recently broke the support area lying between the support level 850.00 (former resistance from June) and the support trendline of the daily down channel from June. The breakout of this support...

AUDNZD Wave Analysis – 15 August, 2019
AUDNZD Wave Analysis – 15 August, 2019

AUDNZD reversed from support area Further gains are likely AUDNZD recently reversed up from the support area lying between the support level 1.0450 (former resistance from July) and the upper trendline of the recently broken daily down channel from April...

Corn Wave Analysis – 15 August, 2019
Corn Wave Analysis – 15 August, 2019

Corn broke support area Further losses are likely Corn recently broke sharply below the support area lying between the key support level 387.00, support trendline of the daily down channel from June and the 61.8% Fibonacci correction of the previous...

AUDJPY Wave Analysis – 14 August, 2019
AUDJPY Wave Analysis – 14 August, 2019

AUDJPY reversed from resistance area Further losses are likely   AUDJPY recently reversed down from the resistance area lying between the resistance level 72.70 and the 38.2% Fibonacci correction of the previous downward impulse (iii) from July. The downward reversal...

Silver Wave Analysis – 14 August, 2019
Silver Wave Analysis – 14 August, 2019

Silver reversed from support area Further gains are likely Silver recently reversed up sharply from the support area lying between the key support level 16.600 and the 61.8% Fibonacci correction of the previous upward impulse from July. The upward reversal...

AUDUSD Wave Analysis – 13 August, 2019
AUDUSD Wave Analysis – 13 August, 2019

AUDUSD reversed from support area Further gains are likely AUDUSD recently reversed up sharply from the support area lying between the strong support level 0.6670 (which reversed the price in January), lower daily Bollinger Band and the support trendline of...

Gold Wave Analysis – 13 August, 2019
Gold Wave Analysis – 13 August, 2019

Gold broke resistance level 1500.00 Further gains are likely Gold recently broke above the key resistance level 1500.00 (which was set as the likely upward target in our earlier forecast for this instrument). The breakout of this resistance level accelerated...

Cotton Wave Analysis – 12 August, 2019
Cotton Wave Analysis – 12 August, 2019

Cotton broke support level 60.00 Further losses are likely Cotton broke the round support level 60.00 (which stopped the weekly downward impulse wave (1) in the middle of June) The breakout the support level 60.00 continues the active medium-term impulse...

CADJPY Wave Analysis – 12 August, 2019
CADJPY Wave Analysis – 12 August, 2019

CADJPY broke round support level 80.00 Further losses are likely CADJPY recently broke below the round support level 80.00 (which stopped the sharp downward impulse wave 1 at the end of May, as can be seen below). The breakout of...

GBPAUD Wave Analysis – 09 August, 2019
GBPAUD Wave Analysis – 09 August, 2019

GBPAUD reversed from resistance zone Further losses are likely GBPAUD recently reversed down with the daily Shooting Star sharply from the resistance zone lying between the round resistance level 1.8000 (which has been reversing the pair from the start of...

WTI Wave Analysis – 09 August, 2019
WTI Wave Analysis – 09 August, 2019

WTI reversed from support zone Further gains are likely WTI recently reversed up sharply from the support zone lying between the multi-month support level 52.00 (which has been reversing the price from January) and the lower daily Bollinger Band. This...

Corn Wave Analysis – 08 August, 2019
Corn Wave Analysis – 08 August, 2019

Corn reversed from support zone Further gains are likely Corn recently reversed up from the support area located lying between the pivotal support level 1.6675 (former resistance from December), lower daily Bollinger Band and the 61.9% Fibonacci correction of the...

EURAUD Wave Analysis – 08 August, 2019
EURAUD Wave Analysis – 08 August, 2019

EURAUD reversed from resistance zone Further losses are likely EURAUD recently reversed down sharply from the resistance zone lying between the multi-month resistance level 1.6675 (monthly high from January) and the upper daily Bollinger Band. The downward reversal from this...

Silver Wave Analysis – 07 August, 2019
Silver Wave Analysis – 07 August, 2019

Silver broke strong resistance level 16.60 Further gains are likely Silver today broke the strong resistance level 16.60 – which formed the Tipple Top in July. The breakout of the resistance level 16.60 should accelerate the active impulse wave (iii)...

AUDNZD Wave Analysis – 07 August, 2019
AUDNZD Wave Analysis – 07 August, 2019

AUDNZD reversed from support zone Further gains are likely AUDNZD recently reversed up sharply from the support zone lying between the round support level 1.0300 and the lower daily Bollinger Band. The price today broke the resistance trendline of the...

Copper Wave Analysis – 06 August, 2019
Copper Wave Analysis – 06 August, 2019

Copper reversed from long-term support level 255.00 Further gains are likely Copper today reversed up strongly from the long-term support level 255.00 – which has been reversing the price from last August . The support area near the support level...

NZDCHF Wave Analysis – 06 August, 2019
NZDCHF Wave Analysis – 06 August, 2019

NZDCHF reversed from key support level 0.6330 Further gains are likely   NZDCHF today reversed up from the multi-month support level 0.6330 – which also stopped the strong downtrend in September. The support area near the support level 0.6330 was...

Gold Wave Analysis – 05 August, 2019
Gold Wave Analysis – 05 August, 2019

Gold broke resistance area Further gains are likely Gold today broke the resistance area lying between the resistance levels 1430.00 and 1450.00 – which has been reversing the price from the end of June. The breakout of this resistance area...

NZDJPY Wave Analysis – 05 August, 2019
NZDJPY Wave Analysis – 05 August, 2019

NZDJPY reversed from support level 69.00 Further gains are likely NZDJPY today reversed up from the support level 69.00 – which was set as the likely downward target in our earlier forecast for this currency pair. The support area near...

more
Load More
Brokers News

Turkish Local Elections
Turkish Local Elections

Next Sunday, 31/03/2019, Turkey will hold local elections in order to elect its local representatives. As a result the following restrictions were applied from 27/03/2019 at 17:00 GMT+2: – TRY Forex pairs were changed to “close only” mode; – Swap...

FxPro: “Most Reliable Broker of the Year”
FxPro: “Most Reliable Broker of the Year”

On December 19, FxPro became the International Investor Award Winner and was named the “Most Reliable Broker of the Year (Global Markets)”. This status is definitely confirmed by the worldwide traders’ trust: more than 870,000 client accounts are opened with...

Urgent! Brexit’s Final: changing in FxPro trading conditions
Urgent! Brexit’s Final: changing in FxPro trading conditions

December, 11 at 19:00 UK time The UK House of Commons will make a final decision for or against Theresa May’s Brexit deal. Foremost, the courses of GBPUSD, EURGBP, EURUSD, UK Indices and UK Shares will be affected. Due to...

more
Load More
Brexit

Fed has prescribed growth to the dollar; euro and pound are on the verge
Fed has prescribed growth to the dollar; euro and pound are on the verge

Market focus It must be said that this meeting could become a turning point for both the US currency and the markets as a whole. During the two previous cycles, the federal funds rate decreased by more than 5 percentage...

Pound plunge: Who are the winners and losers?
Pound plunge: Who are the winners and losers?

The pound is trading at levels not seen since early 2017. But who is feeling the effects worst and who is benefiting? The main factor is the belief among international investors that a no-deal Brexit would be bad for the...

The pound collapsed to historically low levels
The pound collapsed to historically low levels

GBPUSD The British pound was sold out on growing fears of a potential ‘no deal’ Brexit. GBPUSD declined by 2% to 1.2130. Below these levels, the pair traded for only a few hours during the period from October 2016 to...

more
Load More
How would you trade on EURUSD today?
Buy %
Sell %
Hold %
How would you trade on Brent today?
Buy %
Sell %
Hold %
How would you trade on Bitcoin today?
Buy %
Sell %
Hold %