Featured Blog Posts (1,592)

EUR/USD: general review





Current trend



The EUR/USD pair continues strengthening.



Today, data on the labour market is due to be published in the US. Continuing Jobless Claims are expected to fall to 2.215 million that could support the US Dollar.



Also today, Fed’s Bullard speech is due regarding perspectives for the American economy. Experts do not expect interest rates to be mentions in the speech, thus strong reaction on the market is… Continue

Added by AlexanderLF on January 14, 2016 at 1:58pm — No Comments

NZD/USD: general review





Current trend



Yesterday the pair was in an upward correction after a significant fall of the previous week.



The pair is pressured by slowing Chinese economy, strengthening Dollar that found a significant support after the publication of strong macroeconomic statistics on the US labour market last Friday, and falling dairy prices.





Support and resistance



On the 4-hour chart, the pair is trading in the lower Bollinger… Continue

Added by AlexanderLF on January 12, 2016 at 3:51pm — No Comments

Post NFP NZD/JPY Sell Signal and EUR/NZD Buy Signal 1-8-2016

Today in forex trading the NZD was strong across all pairs, driving price movement and opportunities for forex traders. Images of the live trading signals from The Forex Heatmap® and chart movement for these pairs is shown below in the images. For a complete analysis of the NZD/JPY and the other NZD pairs go to our website. These live trading currency signals and trend based trading plans for 28 pairs can be found at Forexearlywarning.com.…

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Added by Mark Mc Donnell on January 9, 2016 at 8:00pm — No Comments

GBP/USD: pair trades flat





Current trend



On Wednesday, the GBP/USD pair ended the trading day at the opening level of 1.4815.



Trading volumes remain low today, but the volatility might increase during the publication of ECB Monetary Policy Meeting Accounts and a series of indicators from the US. Tomorrow, financial markets are closed, and trading will resume on Monday, 4 January.





Support and resistance



The GBP/USD pair is trading within a narrow… Continue

Added by AlexanderLF on December 31, 2015 at 1:42pm — No Comments

GBP/USD: general analysis



 



Current trend




Nationwide Housing Prices data has been released today in the UK. Despite the indicator came in at 4.5% in annual terms, the GBP/USD pair fell to its April lows. At present, a correction might start – the price has turned up and is trading in the area of 1.4823.



Not much macroeconomic data is released ahead of the New Year holidays. Today, attention needs to be paid to Pending Home Sales statistics, due in the US. Analysts forecast… Continue

Added by AlexanderLF on December 30, 2015 at 7:20pm — No Comments

Brent: price strengthened slightly







Current trend





Yesterday, the price of Brent crude oil strengthened slightly and consolidated around $44.00-44.50 per barrel.



The Energy Information Administration released Crude Oil Stocks change that indicated an increase by 0.252 million barrels in stocks of crude oil in the US, well below the previous 4.224 million rise and the forecast of a 1.600 billion growth.



At the same time, the USD failed to get support from FOMC Minutes.… Continue

Added by AlexanderLF on November 19, 2015 at 3:45pm — No Comments

USD/CAD: general review







Current trend





The pair is supported by increased expectations of an interest rates hike in the US in December. In addition, data on Manufacturing Sales that came out on Monday in Canada showed a significantly worse figure than predicted by economists. Manufacturing Sales shrank by 1.5% instead of a forecasted increase by 0.1%.



During the week, attention needs to be paid to the publication of the FOMC Minutes and data on the Consumer Price… Continue

Added by AlexanderLF on November 18, 2015 at 3:28pm — No Comments

GBP/USD: review and forecast







Current trend





During a week, the GBP/USD pair has been trading within a narrow range, close to the level of 1.5210. At present, the pair is still waiting for an impulse that will manage to push the price out of its sideways channel.



However, such an impulse is unlikely to occur today. The only news release that may influence the dynamics in the pair is FOMC Minutes. FOMC Minutes are released by the Board of Governors of the Fed and are a… Continue

Added by AlexanderLF on November 18, 2015 at 11:57am — No Comments

EUR/USD: decline is likely to continue







Current trend





Consumer Price Index, Industrial Production and Capacity Utilization statistics are due today in the US. Ahead of these releases, the US dollar has strengthened against its major counterparts.



At the same time, recent statistics confirm that the EU economy is facing low growth and a low inflation. Thus, due to the difference between monetary policy concepts of the Fed and the ECB, the EUR/USD pair remains under double… Continue

Added by AlexanderLF on November 17, 2015 at 4:47pm — No Comments

AUD/USD: RBA is not so pessimistic







Current trend





At present, the RBA needs to make sure that a decrease in interest rates is really appropriate. According to RBA Meeting's Minutes, business conditions in the country are seen as very favorable and economic growth is likely to strengthen despite high unemployment rate.



Today, attention needs to be paid to Consumer Price Index, Industrial Production and Capacity Utilization statistics for October, due in the US. The indicator are… Continue

Added by AlexanderLF on November 17, 2015 at 1:49pm — No Comments

EUR/USD: general analysis







Current trend





The EUR /USD pair is under strong pressure from the difference between monetary policies, led by the EU and US. The ECB aims at extending its quantitative easing programme as the forecast for inflation was revised down due to the strengthening in the EUR.



At the same time, despite of a slight decline in inflation expectations, Fed officials believe that necessary conditions for a hike in the US interest rates will be achieved in… Continue

Added by AlexanderLF on November 16, 2015 at 3:08pm — No Comments

GBP/USD: general analysis







Current trend





Last week, the GBP/USD pair managed to strengthen amid weak US macroeconomic indicators, in particular, when Retail Sales statistics were released on Friday. However, at present, the dynamics has changed.



This week, attention needs to be paid to Producer Price Index, Retail Price Index and Consumer Price Index, due in the UK. The US, in its turn, releases Consumer Price Index. Favorable statistics may strengthen the national… Continue

Added by AlexanderLF on November 16, 2015 at 12:52pm — No Comments

AUD/USD: flat after yesterday's growth







Current trend





Today, the AUD/USD pair is keeping its positions though the US dollar is strengthening against other currencies. On Thursday, the Australian dollar gained significant support from strong labour market statistics, released in Australia. Thus, Unemployment Rate declined from 6.2% to 5.9% in October, while Employment Change indicated a growth by 58.6K that is about four times above the forecast.



Australia's economy is… Continue

Added by AlexanderLF on November 13, 2015 at 3:40pm — No Comments

GBP/USD: general analysis







Current trend





On Wednesday, the GBP/USD pair managed to strengthen despite mixed labour market statistics, released in the UK.



According to the Office for National Statistics, the Unemployment Rate for July to September declined from 5.4% to 5.3%, while analysts expected the indicator to remain unchanged at 5.4%. At the same time, Average Earnings grew by only 2.5% that is below the forecast of 2.7% and the previous level of… Continue

Added by AlexanderLF on November 12, 2015 at 3:34pm — No Comments

XAU/USD: general review







Current trend





The pair is currently under pressure amid news regarding federal budget resolution for the next fiscal year in the US, as it needs to be approved by Congress. Yet the US President Obama expressed his hopefulness that the document will be passed without any delays and signed within the appropriate period.





Support and resistance





Gold continues trading within a descending channel. At present, the price… Continue

Added by AlexanderLF on November 3, 2015 at 5:43pm — No Comments

EUR/USD: remains under pressure







Current trend





On Monday, despite weak US ISM Manufacturing PMI, which declined from 50.2 to 50.1 points in October, the US dollar managed to strengthen against most its counterparts at the end of the trading day.



During last three weeks, the price of gold has been falling, indicating that investors are getting ready for a possible US interest rate hike. As long as there is a 92% correlation between the price of gold and the EUR/USD pair, this… Continue

Added by AlexanderLF on November 3, 2015 at 3:02pm — No Comments

AUD/USD: RBA decision ahead







Current trend





Non-Farm payrolls for October is due on Friday in the US. If the indicator comes in below the forecast, the Fed would be less likely to raise its interest rates before the end of the year and the USD would be under pressure.



According to TD Securities statistics, released today in Australia, zero inflation was recorded in October. On an annual basis, the indicator grew by 1.8% against a 1.9% forecast. RBA Commodity Index left an… Continue

Added by AlexanderLF on November 2, 2015 at 3:26pm — No Comments

XAU/USD: gold is falling







Current trend





The price of gold significantly fell after statements by the Fed that slowing world economy does not worry the regulator and December rate hikes are still in play.



After these statements, US government 10-year bond yields grew by 2.2% that indicates that investors are getting ready for the rate increase in the near future.



At the same time, markets did not react to yesterday’s data on the US GDP that showed slowing… Continue

Added by AlexanderLF on October 30, 2015 at 5:12pm — No Comments

Friday evening indian share market update,

Another Bed day for markets not much is happening in few nervous trading sessions.Indian Stock market were down on Friday and on track for a their weekly losses.

 

Friday trading  session saw more weakness, could be found highly volatile and closed in the red the Sensex and Nifty struggled from the start, bit recover in midday and ends with bulk weakness.…

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Added by priya sharma on October 30, 2015 at 2:59pm — No Comments

Bollinger Bands Gifographic

Bollinger Bands is a technical analysis tool invented by John Bollinger in the 1980s. If you’re a Forex Trader or are starting to think about trading Forex, there’s a good chance that you have already heard of Bollinger Bands.

You might have thought about using them as a trading strategy, or have already started but you might need some more information on how to use them effectively.…

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Added by Sam Wexler on October 29, 2015 at 5:00pm — No Comments

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