December 2013 Blog Posts (46)

Brent: review

Brent: review



Current trend

Last week crude oil Brent has risen up to the level of 112.59 and after that corrected downwards. Support level was at the level 110.86. Currently investors expect that escalation of conflict in Southern Sudan, which exports about 220 thousand barrels of oil a day, will keep oil prices at a sustainable level. Last week, rebels in the Southern Sudan seized some oil wells and oil workers have been evacuated. In Libya oil production fell up… Continue

Added by AlexanderLF on December 31, 2013 at 11:36am — No Comments

Forex: Ichimoku Clouds. Review of USD/CHF

Forex: Ichimoku Clouds. Review of USD/CHF



USD/CHF, H4

On the four-hour chart Tenkan-sen and Kijun-sen lines have almost merged under the cloud. Chinkou Span line is approaching the price chart from below; current cloud is descending. Last week the pair brake down the cloud, but today it has returned within the cloud’s borders, which become support (0.8916) and resistance(0.8941) levels.







USD/CHF, D1

Let’s look at the… Continue

Added by AlexanderLF on December 30, 2013 at 12:19pm — No Comments

How to Get Financial Independence? Problems of Investors at Forex as Viewed by Experts

As reported by Market Leader (US)

To put it simply a financially independent person is the one, whose income for equal periods of time exceed expenses. Income may be active (when it is received by means of one’s own labor) and passive (when other people work for you, directly or implicitly). In the Soviet times passive income was called non-labor.



One of the variants of passive income is getting percentage from money invested…

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Added by Evgeny on December 27, 2013 at 2:53pm — No Comments

USD/CAD: analysis and forecast

USD/CAD: analysis and forecast



Current trend



At the beginning of the trading week the pair demonstrated uptrend in the sideways channel. However, taking into account Christmas holidays and lack of macro-economic data, we should not expect changes in the exchange rate of the pair. It such case it makes sense to rely on the technical indicators.

On the four-hour chart indicators give similar signals, showing further sideways movement. Bollinger bands are… Continue

Added by AlexanderLF on December 27, 2013 at 12:27pm — 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 above Kijun-sen, both lines are directed upwards. The pair has broken through the sideways channel and is still growing. Chinkou Span line is above the price chart; current cloud is ascending. The closest support level is Tenkan-sen line (1.6413). One of the previous maximums of Chinkou Span line is expected to be a resistance level at 1.6564.…



Continue

Added by AlexanderLF on December 27, 2013 at 12:16pm — No Comments

XAG/USD: technical analysis

XAG/USD: technical analysis



Current trend



Following extended period of downtrend, the pair has ceased its decline. At the beginning of the month the pair reached summer highs at the level of 19.00. This is the key level at the moment, which prevents further decline in the pair. Currently, the pair is trading in the narrow range of 19.20-20.20. Technical indicators show continuation of the sideways movement. Stochastic is slightly above the middle line and is… Continue

Added by AlexanderLF on December 26, 2013 at 1:35pm — No Comments

EUR/USD: analysis and forecast

USD/JPY: trade balance deficit has weakened Yen



Current trend



The currency pair EUR/USD has been trading in the narrow range of 1.3700-1.3663 during Christmas holidays in Europe and America. Nevertheless, today, a weekly report on initial claims for unemployment benefits in the US will be released. According to forecasts, this index will drop for the first time in December and will reach the level of 346 thousand, which will strengthen the national… Continue

Added by AlexanderLF on December 26, 2013 at 1:23pm — No Comments

Forex: Ichimoku Clouds. Review of AUD/USD

Forex: Ichimoku Clouds. Review of AUD/USD



AUD/USD, H4



Let’s look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from below under the cloud, forming trend reversal pattern — Golden Cross. However, the upward impetus hasn’t been enough and the price dropped under the red line again. Chinkou Span line is below the price chart; current cloud is descending. Tenkan-sen (0.8931) and Kijun-sen (0.8889) lines have become resistance and support levels… Continue

Added by AlexanderLF on December 24, 2013 at 1:03pm — No Comments

GBP/USD: the USD will grow in Q1 2014

GBP/USD: the USD will grow in Q1 2014



Current trend



Upcoming holiday affects volatility in the pair: GBP/USD has calmed down, trading in the narrow range of 1.6330-1.6380. Market was flat also because of the lack of important economic news from the UK and US. However, the data on mortgage lending of the Bank of England will become known as well as number of orders for durable goods in the US. At the end of the week American data on initial claims for… Continue

Added by AlexanderLF on December 24, 2013 at 12:47pm — No Comments

EUR/USD: Bearish trend development

EUR/USD: Bearish trend development



Current trend

Last Friday the pair continued to go down slowly amid fundamental facts. Rating agency S&P downgraded the rating of EU from the highest AAA to AA+ with the stable forecast, which could not but affect the rate of European currency. At the end of last week the pair reached the level of 1.3620 but managed to consolidate below resistance level of 1.3700.

Important European news is not scheduled for the release… Continue

Added by AlexanderLF on December 23, 2013 at 1:39pm — No Comments

NZD/USD: analysis and forecast

NZD/USD: analysis and forecast



Current trend

Ever since the US Open Market Committee adopted the decision to reduce quantitative easing programs from 85 billion USD to 75 billion dollars, the chart of the pair NZD/USD has been demonstrating downtrend.

However, technical analysis shows a chance of reversal and further upward movement. Bollinger bands are directed downwards, while the price chart has broken down medium line of the indicator, forming a buy… Continue

Added by AlexanderLF on December 23, 2013 at 1:30pm — No Comments

Masterforex-V Academy on Differences Between Forex Analysts and Traders

As reported by Market Leader (US)

Forex analyst is a specialist who makes research, generalization, and forecast of currency rate dynamics at forex market, as stated in Wikipedia. However, these days the “Market Leader” has been receiving more and more letters from its readers who fail to understand the logics of “business media analysts”, whose forecasts are:



• either abstract and state the past, fail to give simple…

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Added by Evgeny on December 20, 2013 at 3:37pm — No Comments

GBP/USD: Pound is stubbornly holding positions

GBP/USD: Pound is stubbornly holding positions



Current trend



On Wednesday the pair strengthened on the positive data on British labour market. According to ILO estimates, unemployment rate fell by 0.2%. The pair went up, reaching resistance level of 1.6400. However, following the announcement of the US Fed’s decision on monetary policy, volatility in the GBP/USD was high and the pair traded in the range of 1.6480-1.6340; however the Pound finally gave way to… Continue

Added by AlexanderLF on December 20, 2013 at 1:44pm — No Comments

Forex: Ichimoku Clouds. Review of XAG/USD

Forex: Ichimoku Clouds. Review of XAG/USD



XAG/USD, H4



Let’s look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from above within the cloud; the red line is directed steeply downwards, while the blue one remains horizontal. Chinkou Span line has crossed the price chart from above; current cloud is descending. The pair has broken through the cloud and is still falling. The closest resistance level is Tenkan-sen line at 19.51. One of the previous… Continue

Added by AlexanderLF on December 20, 2013 at 12:35pm — No Comments

EUR/USD: positive US statistics will strengthen the USD

EUR/USD: positive US statistics will strengthen the USD



Current trend



Following the decision of the US Open Market Committee to reduce quantitative easing program to 75 billion USD, the pair EUR/USD sharply widen the range of fluctuations up to 150 points. It became known that starting from 2014 the US Fed will monthly purchase secured bonds for the amount of 35 billion USD and government bonds for the amount of 45 billion USD. Member of FOMC said that the… Continue

Added by AlexanderLF on December 19, 2013 at 1:50pm — No Comments

XAU/USD: technical analysis

XAU/USD: technical analysis



Current trend



Last night gold fell in price, reaching the lows of the summer at the level of 1215.00. Next target of the “bears” will be breakdown of this level and decline to the level of 1180.00. Although technical indicators give mixed signals, in general they show sideways movement. Stochastic lines are horizontal, being slightly below the medium line. The signal line and histogram of MACD are in the negative zone; volumes of… Continue

Added by AlexanderLF on December 19, 2013 at 12:20pm — No Comments

GBP/USD: red rag for the “bulls” or sweet honey for the “bears”?

GBP/USD: red rag for the “bulls” or sweet honey for the “bears”?



Current trend



The pair cannot determine movement direction. The pair GBP/USD has been declining for a few days and at the same time experiencing long-term upward corrections. Yesterday the British currency weakened amid negative data on the retail price index and indices of transfer and consumer prices in the UK. The pair fell to the level of 1.6220, however at the end of the trading day it… Continue

Added by AlexanderLF on December 18, 2013 at 1:07pm — No Comments

USD/JPY: trade balance deficit has weakened Yen

USD/JPY: trade balance deficit has weakened Yen



Current trend



The pair USD/JPY is growing today due to the negative Japanese stats. Trade balance deficit has reached the level of 1,29 trillion yen. From one hand, increase of the import indicates the growth of the demand first of all demand for energy products. From the other hand, capital inflow from retail sales decreases, affecting national economy.

Today’s US FOMC decision on QE3 program will… Continue

Added by AlexanderLF on December 18, 2013 at 12:57pm — No Comments

Binary option trading - Work out a checklist while trading

The binary options market offers to you innumerable possibilities, nevertheless, you are also subjected to financial upheavals from time to time. Not to rule out the many uncertainties that traders have to encounter. This leads to success as well as failure. In order to make your investments safe and minimize your risk in the market, it is important that you take calculated steps and chalk out a plan. This…

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Added by Sam Wexler on December 17, 2013 at 8:30pm — 1 Comment

EUR/USD: analysis and forecast

EUR/USD: analysis and forecast



Current trend



The pair EUR/USD has been trading within a range of 1.3800-1.3720 for two weeks. Investors do not risk entering the market, waiting for the results of FOMC meeting. The regulator is expected to announce the curtailment of QE3 program, although members of FRS can’t find a consensus. Those who are pro-curtailment underline economic recovery and unemployment decrease to 7%. Their opponents remind about inflation… Continue

Added by AlexanderLF on December 17, 2013 at 12:32pm — No Comments

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