All Blog Posts (3,157)

EUR/USD: Euro will continue to decline

EUR/USD: Euro will continue to decline



Current trend



On Thursday the price of the pair EUR/USD has reached the level of 1.2930 (middle line of Bollinger bands); however, the pair could not consolidate at this level. Today, the pair started to go down. The American dollar was supported by strong data on the American labor market. The number of primary and secondary claims for unemployment benefits has considerably decreased.

In addition, Euro is under… Continue

Added by AlexanderLF on September 19, 2014 at 3:41pm — No Comments

NZD/USD: analysis and forecast

NZD/USD: analysis and forecast



Current trend



The quotes of the pair NZD/USD continue to drop. On Wednesday the price has reached the lows since February at the level of 0.8077. The decline was triggered by the outcome of the FOMC meeting; as it became known the volume of asset purchase will be reduced again, while incentive program will be soon terminated completely, which indicates the strength of the American economy. The meeting participants promised not… Continue

Added by AlexanderLF on September 18, 2014 at 3:55pm — No Comments

XAU/USD: general analysis

XAU/USD: general analysis



Current trend

Gold continues to drop against the USD despite minor correction. On Monday, the price of gold had almost reached the 8-month lows and then went up again. The pair has continued to rise on Tuesday and is still moving up today.

Investors are waiting for the information from the US Open Market Committee on whether the asset repurchase program will be reduced or not. They would also like to know if interest rates on bonds… Continue

Added by AlexanderLF on September 17, 2014 at 3:01pm — No Comments

EURUSD: Euro lack the support

EURUSD: Euro lack the support



Current trend



Following the significant decline of European currency against the USD, the pair has started to strengthen, and is now trading in the narrow range of 1.2870 - 1.2970. Eurozone has not demonstrated high economic growth lately, while introduction of the sanctions has intensified the negative impact. Euro is weak and is not able to win back at least some of the losses.

Ambiguous data on economic sentiment index… Continue

Added by AlexanderLF on September 16, 2014 at 2:56pm — No Comments

EUR/USD: analysis and forecast

EUR/USD: analysis and forecast



Current trend



On Wednesday afternoon the pair hit the low of 1.2855; however soon after that it has regained some losses and is trading above the level of 1.2900. Within two days EUR/USD has been trading in the narrow range without significant changes in movement. The pair looks strongly oversold; however despite this fact experts believe that the USD still has growth potential, which can find confirmation in today’s US retail… Continue

Added by AlexanderLF on September 12, 2014 at 1:45pm — No Comments

GBP/USD: “nervous tic” of the Pound before the referendum

GBP/USD: “nervous tic” of the Pound before the referendum



Current trend



The British currency has slightly regained after the investors’ panic caused by the probability of separation of Scotland from Great Britain. However although Pound won back some of the losses, this vexing issue still remains to be the key catalyst of the British currency. Over a week is left before the referendum and it is likely that in the following trading days volatility will be… Continue

Added by AlexanderLF on September 11, 2014 at 4:24pm — No Comments

EUR/USD: general analysis

EUR/USD: general analysis



Current trend



Yesterday the price of EUR/USD continued to decline. The pair fell to the low of 14 months. Pressure on Euro was caused by the ECB’s decisions to reduce rates to the record lowest level and to launch new incentive programs

On the other hand, the pair EUR/USD is going down due to the strengthening in the USD. According to the report of Federal Reserve in San Francisco, US Fed can change interest rate sooner than… Continue

Added by AlexanderLF on September 10, 2014 at 1:38pm — No Comments

AUD/USD: China stats put pressure on the Australian currency

AUD/USD: China stats put pressure on the Australian currency



Current trend



On Monday the currency pair AUD/USD has lost over 100 points, dropping to the three-week low at the level of 0.9250. Sharp decline in the Australian currency is associated with the data from China. It became known that contrary to predictions, imports to China decreased by 2.4% in August, which inevitably has a negative impact on the Australian producers, as China is one of the main… Continue

Added by AlexanderLF on September 9, 2014 at 2:13pm — No Comments

USD/JPY: analysis and forecast

USD/JPY: analysis and forecast



Current trend

Last week the currency pair USD/JPY has reached six-month highs. The pair has consolidated above the level of 105.00 due to the US data. The market responded to the positive US production activity index, which became known on Thursday. The index increased to the level of 59.5 points against the forecast of 58.5 points. However the pair was not able to maintain the achieved level, as investors were disappointed by the US… Continue

Added by AlexanderLF on September 8, 2014 at 3:27pm — No Comments

Trade with Brand New Binary Options Broker : Now Option

Recently launched binary option broker, NowOption has made its position as one of the leading and trusted brokers in the trading market. It offers a wide range of assets, huge payouts and secured trading platform. NowOption is user friendly and easy to use binary options platform. The international brand currently offers its services in three languages (English, Arabic, French).

About NowOption

NowOption.com is…

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Added by Calvin Brook on September 8, 2014 at 10:00am — No Comments

Forex: Ichimoku Clouds. Review of GBP/USD

Forex: Ichimoku Clouds. Review of GBP/USD



GBP/USD, H4



On the four-hour chart Tenkan-sen line is below Kijun-sen, they are both horizontal. Chinkou Span line is below the price chart; current cloud is descending. The pair is still falling toward last year’s lows at 1.6250. Tenkan-sen line is the closest resistance level (1.6376).







GBP/USD, D1



On the daily chart Tenkan-sen line is also below Kijun-sen, however,… Continue

Added by AlexanderLF on September 5, 2014 at 4:51pm — No Comments

Forex: Ichimoku Clouds. Review of XAU/USD

Forex: Ichimoku Clouds. Review of XAU/USD



XAU/USD, H4



Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, they are both horizontal. Chinkou Span line is below the price chart; current Kumo-cloud is descending. After a strong fall the pair has been corrected between Tenkan-sen and Kijun-sen lines, which have become support (1267.11) and resistance (1276.07) levels respectively.







XAU/USD,… Continue

Added by AlexanderLF on September 4, 2014 at 4:39pm — No Comments

USD/CAD: the pair is being corrected

USD/CAD: the pair is being corrected



Current trend



This week the pair USD/CAD has been rising and hit resistance level of 1.0940. US Dollar has been supported by the positive national stats. Manufacturing PMI as well as Construction Spending have risen considerably. From the other hand, Canadian Dollar is under pressure of crude oil prices falling.

Today market players are waiting for the Bank of Canada decision of interest rate. Most probably it will… Continue

Added by AlexanderLF on September 3, 2014 at 3:12pm — No Comments

Forex: Ichimoku Clouds. Review of NZD/USD

Forex: Ichimoku Clouds. Review of NZD/USD



NZD/USD, H4

On the four-hour chart Tenkan-sen line has crossed Kijun-sen from above within the cloud, forming a signal to sell. The pair has broken down the cloud and slowed down its fall. Chinkou Span line is crossing the price chart from above, Senkou Span A and Senkou Span B lines are getting closer prior to the cloud reversal. The closest resistance level is the lower border of the cloud (0.8352). One of the previous… Continue

Added by AlexanderLF on September 2, 2014 at 12:20pm — No Comments

USD/JPY: Bank of Japan can push the pair higher

USD/JPY: Bank of Japan can push the pair higher



Current trend

After long rise last week the pair is now consolidating around key resistance level of 104.10. Dollar is still quite strong thanks to the positive stats from every economic sector as well as the possibility of interest rate raise. Meanwhile, Japan can’t compete with such stats. At the end of the week Yen started to regain its positions but then again lost due to the weak unemployment data and Japanese… Continue

Added by AlexanderLF on August 29, 2014 at 1:42pm — No Comments

AUD/USD: analysis and forecast

AUD/USD: analysis and forecast



Current trend

Today the pair AUD/USD has reached four-week highs at 0.9374, and then been corrected. Investors are waiting for the preliminary data on US GDP. If the positive forecast proves itself right, the pair will be corrected to the levels of 0.9320 and 0.9280.



Support and resistance

Technical indicators give controversial signals, reflecting indecisive market. Bolinger Bands show a divergence, however the… Continue

Added by AlexanderLF on August 28, 2014 at 2:41pm — No Comments

Forex: Ichimoku Clouds. Review of USD/CAD

Forex: Ichimoku Clouds. Review of USD/CAD



USD/CAD, H4

On the four-hour chart Tenkan-sen line has crossed Kijun-sen from above, forming Dead Cross reversal pattern. Chinkou Span line is below the price chart; current cloud is ascending. The pair has broken down the cloud and is still falling. The lower border of the cloud becomes a resistance level at (1.0922). One of the previous minimums of Chinkou Span line is expected to be a support level at… Continue

Added by AlexanderLF on August 27, 2014 at 12:56pm — No Comments

EUR/USD: last year’s lows don’t seem impossible anymore

EUR/USD: last year’s lows don’t seem impossible anymore



Current trend

An abrupt fall of the European currency against US Dollar has slowed down, but trend reversal won’t be formed any time soon. Demand of Dollar is increasing, while the Europe releases are still negative. Yesterday’s key indices from Germany were disappointing. Lfo Business Climate has dropped down to the level of 106.3 points, Current Assessment — down to 111.1 points and Expectations index — down… Continue

Added by AlexanderLF on August 26, 2014 at 2:31pm — No Comments

GPB/USD: analysis and forecast

GPB/USD: analysis and forecast



Current trend

The pair GBP/USD is still falling. At the beginning of today’s session the Pound has hit the lows at 1.6540, but been corrected later to the level of 1.6580. The pair continues downward movement despite Mark Carney’s promise to raise interest rate. Moreover, regulator decided to harden monetary policy.

This week Bank of England is on vacation, so investors’ attention is drawn to the USA, where Durable Goods Orders,… Continue

Added by AlexanderLF on August 25, 2014 at 2:30pm — No Comments

5 Trading Mistakes that will Destroy Your Trading Account

This is my first post here at Forexspace and i am here to share my experience that i have gained in my trading life.I am trading Forex at Xm.com for 4 years and  still didn't face any problem.Well,Today I will share  about the trading mistakes that you should avoid to win in your trading life.

Most newbie  Forex traders impose full throttle towards the Forex market with high earnings targets,unfortunately …

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Added by Mohammad Maidul on August 22, 2014 at 11:30pm — No Comments

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