EUR/USD: Euro halts advance on strong US Durable Goods Orders

The EUR/USD is trading at $1.2350, ticking down from the lows as US Durable Goods Orders beat expectations with 3.1% against 1.5% expected and core orders are up 1.2% instead of 0.5% projected. Earlier, the euro advanced as the mood improved.



USD/JPY: Dollar extends recovery after upbeat US data

The USD/USD is trading around ¥105.20, extending its recovery from the 16-month lows at ¥104.63 after US Durable Goods Orders came out better than expected on all figures and enjoyed upward revisions.


USD/CAD drops back closer to yesterday’s swing low post-Canadian CPI

The USD/CAD pair came under some intense selling pressure during the early NA session and tumbled back closer to previous session's swing lows.



GBP/USD: Sterling stalls recovery as US data exceeds expectations

The GBP/USD is trading around $1.4130, slightly off the highs after US Durable Goods Orders beat expectations on both headline and core figures. Earlier, the pair recovered alongside stocks.



More EUR/USD News


More GBP/USD News


More USD/JPY News

Best Bitcoin price prediction for today: Binance denies it's being shut down in Japan

Asian trading has opened with news coming from Nikkei about the FSA (Japanese financial regulator) warning Binance of irregular activities in Japan. Less than two hours later, the company has denied having received any notification from the FSA, accusing Nikkei of publishing fake news. Such announcement has triggered a 4% dip in the BTC/USD, towards the $8350.

More Bitcoin News

Ripple price analysis: XRP/USD pulling back from a price overstretch as bullish momentum signals

Ripple price is encountering selling pressure in a market where bulls remain battered by the sellers. The crypto did not manage to rise above $0.7000 during trading on Thursday. There was a downside wave that swept the price towards the current support level at $0.6100.

More Ripple News

Ethereum Classic price analysis: ETC/USD locked within Andrew's pitchfork

Ethereum Classic has lost over 13% since it peaked at $21.43 on March 21. The ETC losses seem to be less acute than those of other altcoins, but in general, the virtual currency is moving in lockstep with the rest of the cryptocurrency markets.

More Ethereum Classic News

NEO price analysis: NEO/USD badly beaten as Binance woes put NEO under pressure

NEO is among the worst performers of the crypto universe as the coin 6.5% lower from the start of the day. Regulatory issues related to Binance, the largest cryptocurrency exchange by trading volume, may have affected NEO, as over 31% of all NEO transactions are processed on this exchange. 

More NEO News

Trading opportunities

US Durable Goods Orders

GMT: 12:30

Deviation: 1.06

Previous: -3.7%

Consensus: 1.5%

If the US Durable Goods Orders come out at higher than expected with a deviation of +1.70 or higher, the pair may go down reaching a range of 48 pips in the first 15 minutes and 63 pips in the following 4 hours. If the US Durable Goods Orders comes out lower than expected at a deviation of -1.90 or less, the EUR/USD may up reaching a range of 22 pips in the first 15 minutes and 44 pips in the following 4 hours.

Positive Trigger: +1.70
Deviation [SELL EUR/USD]

Negative Trigger: -1.90
Deviation [BUY EUR/USD]

Global stock markets continue to sell off on Friday with European indices falling to about 1-year low after Asian indices slumped steeply lower on fears of trade wars escalating after China retaliated the trade tariffs.

Japanese Yen is a clear beneficiary of the risk aversion increasing, appreciating against the US Dollar to the highest level since November 2016.

With the European economic calendar almost empty the Canadian retail sales and inflation and the US durable goods orders headline this Friday.

Read Full Report

USD/CAD has lots more room to the downside after the big break — Confluence Detector

GBP/USD faces little technical resistance on the way up — Confluence Detector

USD/CAD has lots more room to the downside after the big break — Confluence Detector

AUD/USD: Levels, Ranges, Targets


Date Event Title Sponsor More Info
Premium US Pre-Market Open Ed Ponsi Event Details
Premium US Session Open Ed Ponsi Event Details
Premium Educational Session Alex Ong Event Details
Premium US Pre-Market Open Ed Ponsi Event Details