All Blog Posts (3,657)

USD/CAD: general review





Current trend





The pair continues growing amid falling oil prices that pressure the Canadian Dollar. In addition, the pair is supported by strengthening in the US Dollar due to an increased probability of monetary policy tightening by the Fed before the end of the year.



Tomorrow extra attention needs to be paid to the Fed Interest Rate Decision and its Monetary Policy Statement. According to forecasts, the rate will remain unchanged while… Continue

Added by AlexanderLF on July 26, 2016 at 4:02pm — No Comments

USD/JPY: general analysis





Current trend





Despite strong macroeconomic statistics that were released today in Japan, the Yen remains under pressure amid expectations of a cut in interest rates at the upcoming Bank of Japan meeting, due 29 July. Moreover, it should also be noted that other major central banks also consider further easing of monetary policy to overcome negative effects of Britain’s exit from the EU. Thus, the US Dollar is seen as a more attractive asset in the current… Continue

Added by AlexanderLF on July 25, 2016 at 12:02pm — No Comments

EUR/USD: general review





Current trend





The pair continues trading at its local lows amid weakening in the Euro, which remains under pressure prior to the ECB monetary policy meeting. According to forecasts, the regulator will keep its interest rate unchanged but will announce its readiness to further ease monetary policy in the nearest future. At the same time, additional uncertainty to ECB’s decision comes from a growing problem in the Italian banking sector, which could worsen the… Continue

Added by AlexanderLF on July 21, 2016 at 1:29pm — No Comments

XAG/USD: technical analysis





XAG/USD, H4





On the 4-hour chart, the instrument is moving down along the lower MA of Bollinger Bands. The price remains above EMA100 and EMA144, both directed up, and below EMA50. MACD histogram is in the negative zone, and its volumes are gradually growing. The indicator is giving a sell signal. Stochastic is falling.





XAG/USD, D1





On the daily chart, the instrument rebounded down from the upper MA of Bollinger Bands in… Continue

Added by AlexanderLF on July 20, 2016 at 2:11pm — No Comments

Major Reasons to Trade in the Forex

It can be said that the forex market is the best home business on the internet. More than 3 trillion dollars are exchanged in this market every day. This makes the market the most liquid market in the world. This is the reason why the forex market is the most popular means of earning some more money.

In comparison to stock or future market, this market is less risky and much more profitable. Trading in the forex is easy. Easy market has discussed some of the reasons that lead…

Continue

Added by Adam Guptill on July 19, 2016 at 3:25pm — No Comments

UKBrent: technical analysis





BRENT, D1





On the daily chart, the instrument is trading in the lower Bollinger band. The indicator is directed down while the price range is expanding. MACD histogram entered the negative zone and formed a sell signal. Stochastic is approaching the oversold zone.





BRENT, H4





On the 4-hour chart, the instrument broke down a strong support level at 47.38. Bollinger Bands is directed horizontally while the price range is… Continue

Added by AlexanderLF on July 18, 2016 at 5:38pm — No Comments

EUR/USD: general analysis





Current trend





The EUR/USD pair is moving up and strengthened by 35 points in the previous trading session. Yesterday US macroeconomic statistics had almost no influence on dynamics in the pair. It should, nevertheless, be noted that the number of initial jobless claims remained unchanged at 254,000 while economists expected an increase to 265,000. Today market participants will be following data on the Consumer Price Index and Retail Sales, due in the US at… Continue

Added by AlexanderLF on July 15, 2016 at 3:23pm — No Comments

AUD/USD: review and forecast









Current trend





The AUD/USD pair has been moving up for two weeks already, and the dynamics is likely to continue. Since yesterday, the Australian Dollar has strengthened by about 70 points.



Today attention needs to be paid to data on the Initial Jobless Claims, due in the US at 14:30 pm (GMT+2). The indicator is expected to grow from 254,000 to 265,000 that might have a negative impact on the US… Continue

Added by AlexanderLF on July 14, 2016 at 2:50pm — No Comments

GBP/USD: review and forecast





Current trend





The British currency continues strengthening. Since the beginning of the week, the GBP/USD pair has gained back about 500 points. There is a good chance that the pair has already reached its lows after the results of the British referendum were released, and, therefore, might continue developing its upward trend.





Support and resistance





On the daily chart, the price remains between the lower and the middle… Continue

Added by AlexanderLF on July 13, 2016 at 2:58pm — No Comments

USD/JPY: pair is growing





Current trend





The pair continues growing amid weakening in the Yen. The Japanese currency was pressured by a victory in elections of Prime Minister Shinzo Abe who is an active supporter of an expansion in the economy stimulation program. Experts note that after the victory implementation of stimulus measures will become much easier.



At the same time, the Dollar was supported by strong data on the US labour market that was released last Friday. The… Continue

Added by AlexanderLF on July 12, 2016 at 12:03pm — No Comments

USD/CAD: pair is growing





Current trend





The pair continued growing in the end of last week amid the publications of labour market data in the US and Canada. The American data showed a substantial strengthening of its labour market that supported the US Dollar. The number of Initial Jobless Claims fell to 254 thousands while the Nonfarm Payrolls increased to 287 thousands, against the previous figure of 11 thousands. At the same time, the Canadian Dollar was pressured by data on the… Continue

Added by AlexanderLF on July 11, 2016 at 12:40pm — No Comments

EUR/USD: general analysis





Current trend





Yesterday data on Germany’s industrial production and US initial jobless claims had almost no influence on the EUR/USD pair. Today market participants are waiting for data on US nonfarm payrolls and unemployment rate statistics for June. Friday’s employment report is expected to show nonfarm payrolls increased by 175,000 jobs from low May reading of 38,000. Unemployment rate is likely to be up to 4.8% from 4.7%.





Support and… Continue

Added by AlexanderLF on July 8, 2016 at 2:36pm — No Comments

GBP/USD: general analysis





Current trend





Yesterday the GBP/USD pair reached its new lows, having fallen to the level of 1.2796. The fall in the pair slowed down only amid the publication of data on US trade balance as trade deficit widened more than forecast.



Macroeconomic statistics, released today in the UK, were generally favorable for the national currency. Industrial production fell 0.5 percent in May compared to April that was, nevertheless, better than a projected… Continue

Added by AlexanderLF on July 7, 2016 at 3:16pm — No Comments

USD/CAD: general analysis





Current trend





On Tuesday the US Dollar strengthened against the Canadian currency. Concerns about Brexit’s impact on the global economy result in higher demand for the US currency. Moreover, the USD/CAD pair gained support from a decline in oil prices.





Today dynamics in the pair might be influenced by statistics on trade balance, due both in the US and in Canada. Attention also needs to be paid to US ISM Non-Manufacturing PMI, as an expected… Continue

Added by AlexanderLF on July 6, 2016 at 1:34pm — No Comments

GBP/USD: review and forecast





Current trend





Since last Friday, the GDP/USD pair has been trading within a narrow range of 1.3250-1.3300. Today market participants will be following a press conference given by the Bank of England Governor Mark Carney. The Head of the Regulator will give commentaries regarding current economic conditions in the country which are likely to influence short-term dynamics in the pair.





Support and resistance





The price is… Continue

Added by AlexanderLF on July 5, 2016 at 12:59pm — No Comments

GBP/USD: review and forecast





Current trend



Yesterday the GBP/USD pair was growing and gained 250 points but then started correcting down and lost 150 points. There is a strong chance that descending movement will continue. Today the pair might be influenced by UK’s Q1 GDP data, due at 10:30 am (GMT+2).







Support and resistance




The price is moving down from the middle MA of Bollinger Bands to the lower one. The price range is narrowing. The price is likely… Continue

Added by AlexanderLF on June 30, 2016 at 2:05pm — No Comments

GBP/USD: general analysis





Current trend





Yesterday almost 52% of British people voted to leave the European Union, and the Pound crashed to its 30-year low. Moreover, the GBP/USD pair was under pressure from strong data on the number of initial jobless claims in the US. The indicator dropped more than expected from 277 to 259 thousands against the forecast of 270 thousands.



Today attention should be paid to statistics on durable goods orders in the… Continue

Added by AlexanderLF on June 24, 2016 at 5:38pm — No Comments

XAG/USD: Technical analysis





XAG/USD, D1





On the daily chart the pair is traded near the upper band of the Bollinger indicator. The indicator is moving up and the price range is expanding. The price is above the moving average line of EMA50, EMA100 and EMA144. MACD histogram is in the positive area, its volumes are slightly decreasing. Stochastic is in the central area, at the border with the oversold area, and its lines are directed downwards.





XAG/USD,… Continue

Added by AlexanderLF on June 23, 2016 at 1:13pm — No Comments

USD/CAD: flat trades in the pair





Current trend



The USD has significantly grown against the CAD at the closing session on Tuesday, after two-day decline, which led the price back to the local lows of June. Minor correction was caused by the domination of cautious sentiments in the market. Prior to the referendum on the UK’s membership in the EU, investors do not rush to open new positions, even despite some encouraging signals.



On Tuesday, the head of the US Fed, Mrs. Janet Yellen gave a… Continue

Added by AlexanderLF on June 22, 2016 at 7:39pm — No Comments

USD/JPY: продолжение снижения цены





Current trend





Demand for the Yen remains high amid difficulties and risks the global economy is facing. The American Dollar does not manage to show a strong growth being under pressure from mixed macroeconomic data, released in the US. As a result, the USD/JPY pair reached the key support level of 103.50.



Today market participants are following Fed Chair Janet Yellen’s Congressional Testimony, and later this week, attention needs to be paid to US… Continue

Added by AlexanderLF on June 21, 2016 at 5:46pm — No Comments

Monthly Archives

2016

2015

2014

2013

2012

2011

2010

2009

2008

1988

1978

1975

trade online Advertise Here
 

© 2016   Created by Sam Wexler.   Powered by

Badges  |  Report an Issue  |  Terms of Service