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Desde fines del año 2020 soy usuario-cliente de Dukascopy Bank, mi experiencia con esta plataforma fue y es excelente desde el principio.He logrado buenas inversiones gracias a su amplio portafolio de acciones, materias primas, índices y criptomonedas.Recibí pagos de terceros sin problemas como también puede realizarlos de forma simple por medio del sistema SEPA.Es destacable la integración con Skrill, la facilidad de envío y retiro de divisa a tu propia billetera virtual.Realizó este comunicado…
Community Blog
Aussie extends losses after weak retail sales
Australian dollar continues its slide. A weaker than expected retail sales report didn't help, even though it is said to have been weather related. There's some stabilization in oil but both copper and iron ore are trending down.
Technically, the pair has retraced more than 61.8% of the year's gains. Some demand is to be expected near 0.73 and 0.72 with year's low (0.7165) in focus. 0.745 - 0.75 was a decent support up until recently and should now act as a resistance.
Technically, the pair has retraced more than 61.8% of the year's gains. Some demand is to be expected near 0.73 and 0.72 with year's low (0.7165) in focus. 0.745 - 0.75 was a decent support up until recently and should now act as a resistance.
07 - Forex and Commodities
Euro was lower against the US dollar on Monday.The pair was likely to find support at 1.0492, Thursday's low, and resistance at 1.0640, today's high.Meanwhile, the euro rose against the British pound and fell against the Japanese yen, with EUR / GBP gaining 0.17% to the 0.8647 and EUR / JPY falling 0.54% to the 120.53.
Gold futures were on the rise during the Asian session on Tuesday.Gold was likely to find support at USD1,222.90 and resistance at USD1,247.60.The Dollar Futures Index, which trac…
Gold futures were on the rise during the Asian session on Tuesday.Gold was likely to find support at USD1,222.90 and resistance at USD1,247.60.The Dollar Futures Index, which trac…
11/1 Daily Highlights
* APPL (Apple Inc.) - day one of the blog on 10/21/16 I included that the "chart appears to be signalling downside, anticipate a move towards $110." I wrote that very near the latest highs on 4 days later at $118.25, the stock closed today under $111.50. I think it might rebound from here but with elections around the corner Wall Street might stay suppressed so my stance is neutral at the moment. I do love to gloat, my AAPL speculation was pretty on point. There were some good puts to be based o…
Macro-Market Brief 10/26
* Wall Street had a slightly erratic day opening down, springing up and then unwinding. Currently the Dow Jones Industrial Average is up 0.3% while the NASDAQ is down 0.55%. * AAPL (Apple Inc.) is down more than 2.5% after opening down from above $118 at yesterdays close to under $114 at the opening this morning. Even so, its' uptrend is still holding up although weak trading tomorrow could break the trend which would be a sign that the NASDAQ might capitulate through this months range. My bias …
RBA cuts again
The RBA cut its cash rate to a record low 1.50% from 1.75%. Rate statement does not look particularly dovish - there's no explicit hint of further easing though they didn't close the door on it either.
The reaction in the Aussie was in line with the cut being almost fully discounted. A spike lower was promptly reversed and the price was back to unchanged after a good hour. Still attractive yield, recovering commodities and Fed in no hurry to hike will keep the pair supported.
The reaction in the Aussie was in line with the cut being almost fully discounted. A spike lower was promptly reversed and the price was back to unchanged after a good hour. Still attractive yield, recovering commodities and Fed in no hurry to hike will keep the pair supported.
More of the Same for AUD/CAD
May has been fairly uneventful for the AUD/CAD currency pair. While we had a relatively large range of over 300 pips, we just closed the month at 0.9466, only 69 pips away from the open.
On a long-term perspective (monthly chart below), we can see that the AUD/CAD just ended a period of high volatility. While one month of indecisiveness is good, on the chart we can see that these calming periods usually last much longer, multiple months and even years sometimes.
Both the AUD and CAD are commodit…
On a long-term perspective (monthly chart below), we can see that the AUD/CAD just ended a period of high volatility. While one month of indecisiveness is good, on the chart we can see that these calming periods usually last much longer, multiple months and even years sometimes.
Both the AUD and CAD are commodit…
London Morning Call
- Overnight: Commodity currencies benefited from better than expected Chinese data.
Aussie starts the week sideways
Aussie started the week with a 20 pip drop but it recovered to be around opening levels as I type. Commodities (particularly metals) are down, Chinese stocks too, but there was some encouraging data (MI Inflation Gauge, Company Operating Profits, Private Sector Credit) from Australia overnight.
0.7125 - 0.7150 support zone, that includes Previous Week Low, 50 DMA and broken Weekly Trendline (drawn off of September 2014, May 2015 and October 2015 highs), is crucial. 0.7200 - 0.7225, which hosts 1…
0.7125 - 0.7150 support zone, that includes Previous Week Low, 50 DMA and broken Weekly Trendline (drawn off of September 2014, May 2015 and October 2015 highs), is crucial. 0.7200 - 0.7225, which hosts 1…
EUR/CAD Slightly bearish
CHART SCALE: Weekly INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
RESISTANCE LEVELS: 1.55308 - 1.55891
SUPPORT LEVELS : 1.44893 - 1.47302
PAIR ANALYSIS : The EUR/CAD pair is in a slightly bearish tendency after the retracement at 1.55801 at 23/08/2015 as indicated in fig 2.
The Linear Regression Slope at 0.0007, the MFI and the configuration of the Parabolic Sar seem to support slightly bearish tendency.
The chart analysis also seems to suggest the possibility of a seco…
RESISTANCE LEVELS: 1.55308 - 1.55891
SUPPORT LEVELS : 1.44893 - 1.47302
PAIR ANALYSIS :
The Linear Regression Slope at 0.0007, the MFI and the configuration of the Parabolic Sar seem to support slightly bearish tendency.
The chart analysis also seems to suggest the possibility of a seco…