Featured Blog Posts (1,544)

USD/JPY: pair shows correction







Current trend





At the beginning of this week, the USD/JPY pair showed some downward movement that was determined by the poor statistical data on New Home Sales that came out in the US on Friday.



However, yesterday a new release on Durable Goods Orders from the US showed strong data. The figure grew by 3.4% against -2.1% for the previous month and came out better than expectations.



On Wednesday, Retail Sales stats are published in… Continue

Added by AlexanderLF on July 28, 2015 at 6:05pm — No Comments

The Ins And Outs Of Forex Trading

Forex trading is an incredibly popular investment vehicle; and for good reason. Forex trading is the process of trading currency. Because currency is the most liquid asset in the world, the forex market is loaded with great opportunities for profit. However, there are also great opportunities for loses for the uneducated trader. So, to make the most out of Forex trading then invest in education first be it…

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Added by Sam Wexler on July 28, 2015 at 4:00pm — No Comments

GBP/USD: general analysis







Current trend





The GBP ended last week with the fall to the level seen two week ago. The British currency was affected by UK Retail Sales (-0.2% from 0.3% in last month) and US Initial Jobless Claims statistics (255 K from 281 K earlier). These US positive data confirmed the US interest rates hike which was officially announced last week.



On the contrary, UK budget deficit statistics for last month support the British currency. Due to high tax… Continue

Added by AlexanderLF on July 27, 2015 at 2:38pm — No Comments

A forex trading website needs to show relevant trading updates

A forex based website can be marketed properly when you can actually gather relevant resources and process them. The beginning and ending points ought to be identified by you if you need a lucrative ROI. In order to ensure a long term popularity of your website, you must develop content that’s relevant and easily explicable. Proper inter-linking of pages is possible when you have adequate knowledge of the topics shown in your website. You must do researches over an extended period…

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Added by Sam Wexler on July 25, 2015 at 9:30pm — No Comments

Basic understanding of the accessibility of forex trading

In today’s tech savvy world everything, even forex trading comes handy. With access to tablets and smartphones, trading has become much easier and more flexible than ever before.

Foreign exchange market opens on every Monday morning in Wellington and closes in New York on every Friday at about 4pm ET.  It is a 5 day a week and 24 hours a day long trading opportunity. So you have enough flexibility to trade your chosen currencies at your preferred…

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Added by Sam Wexler on July 24, 2015 at 9:30pm — No Comments

NZD/USD: influence of Chinese economy slowdown







Current trend





The pair NZD/USD was strengthening yesterday despite an earlier interest rate cut by 25 basis points by the RB of New Zealand. However, today the pair fell from yesterday highs of 0.6695 after the publication of Caixin Manufacturing PMI in China that showed a decrease in index to its 15 months low thus representing a slowdown of the economy.



Amid falling dairy products prices, the economy of New Zealand is suffering losses and… Continue

Added by AlexanderLF on July 24, 2015 at 5:38pm — No Comments

GBP/USD: review and forecast







Current trend





Yesterday, the pair GBP/USD fell and reached 1.5550 but later reversed the course and closed the day at 1.5612.



Economic calendar does not have any important news today. The only publications that may perhaps affect the pair’s movement is the CB Leading Indicators in the US, due at 5 pm (GMT +3). Forecasts predict a slight fall in the USD.





Support and resistance





At present, the pair is… Continue

Added by AlexanderLF on July 23, 2015 at 2:45pm — No Comments

Choosing the Best low spread forex broker

When looking for a low spread forex broker, you first need to understand who a forex broker is, what they can do for you as a client and what a spread is. Forex brokers are those that help clients to trade foreign currencies. Usually forex is traded in currency pairs with more benefits coming from common currency pairings such as USD/GBP or USD/EUR or GBP/EUR and so on. A spread is the constant difference between the bidding…

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Added by Sam Wexler on June 24, 2015 at 2:20pm — No Comments

NZD/USD: the pair declines amid the data on New Zealand’s GDP

NZD/USD: the pair declines amid the data on New Zealand’s GDP



Current trend

Despite overall decline in the USD caused by yesterday’s news on the interest rate in the USA, the pair NZD/USD continued to decline. NZD/USD fell to the new lows of 0.6880 after the release of the disappointing data on New Zealand GDP, which rose by 0.2% in Q1 against the value in the previous month and by 2.6% compared with the same period last year. The forecast was 0.6% and 3.0%… Continue

Added by AlexanderLF on June 18, 2015 at 5:50pm — No Comments

GBP/USD: general review

GBP/USD: general review



Current trend



The price of the GBP/USD pair continues rising. Yesterday’s poor data on the UK consumer price index with a growth of 1% compared with 0.9% for the last year could not put a prolonged pressure on the GBP. Today, the pair continues to grow as rather positive data for April is published in the UK. Average earnings grew by 2.7% while unemployment remained at 5.5%. The Bank of England committee decided to keep rates… Continue

Added by AlexanderLF on June 17, 2015 at 4:28pm — No Comments

USD/JPY: Kuroda has recanted his comments

USD/JPY: Kuroda has recanted his comments



Current trend



At the Asian session the Yen fell against the USD when the governor of the Bank of Japan Mr. Haruhiko Kuroda has recanted his own statement on the completion of the weakening tendency in the Yen. The stock market also declined: Nikkei Stock Average and Hang Seng Index fell by 0.65 and 0.9% respectively.

However, today the market is quiet due to the uncertainty in the situation with the Greek debt… Continue

Added by AlexanderLF on June 16, 2015 at 4:13pm — No Comments

USD/JPY: Temporary respite

USD/JPY: Temporary respite



Current trend



It is expected that at the next meeting of the Bank of Japan on 18-19 June the regulator will leave interest rate unchanged. Expectations of the interest rate increase by the US Fed will put into perspective the necessity of monetary policy easing and will boost the rise in the pair in the medium-term. A lot will depend of the state of the US economy.

Over the last month the Japanese Yen has lost over 500 points,… Continue

Added by AlexanderLF on June 9, 2015 at 5:48pm — No Comments

EUR/USD: Following the release of Non-Farm Payroll report

EUR/USD: Following the release of Non-Farm Payroll report



Current trend



In the past month all major currencies, except Euro, have been weakening against the USD. Volatility in the pair EUR/USD has shifted towards strengthening in Euro. Extensive sale of German bonds helped strengthening in Euro. Euro was sold very actively in the cross-pairs. Nevertheless, the pair EUR/USD is under pressure from the unresolved issue of the Greek debt.

This morning,… Continue

Added by AlexanderLF on June 8, 2015 at 5:58pm — No Comments

Forex for Beginners: How to Get Your Trading Strategy Off to a Flying Start

Forex is a high risk, complex game to play. It can test the mettle of even the most experienced investor, so it’s unsurprising that beginners are often left at a loss as to where to start.

 

The answer lies in building a solid foundation to trade from. The success of any individual forex strategy is not determined by one single factor, but many. The…

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Added by Sam Wexler on May 22, 2015 at 4:32pm — No Comments

USD/CHF: after the 15th of January

USD/CHF: after the 15th of January



Current trend



If we trace movement of the pair USD/CHF since 15 of January when the National Bank of Switzerland decided to decouple the rate of the national currency from the Euro, we will notice that the pair is trying to reach 0.9450, moving in the channel of 0.9720-0.9120. Despite the efforts of the Swiss regulator to weaken the national currency, Swiss Franc continues to act as a safe haven. Nevertheless, the pair… Continue

Added by AlexanderLF on May 21, 2015 at 4:28pm — No Comments

USD/JPY: the East is a delicate matter

USD/JPY: the East is a delicate matter



Current trend



Despite the ups and downs of the world currencies against the USA, the pair USD/JPY is notable for the stable movement in the channel of 122.00–116.00. Deviations in both directions as a rule do not exceed 120 points. On the one hand, it is easy to make forecast in this conditions, supposing further movement in price in the range of 121.20–118.80; on the other hand, it is difficult as in the long-term a lot… Continue

Added by AlexanderLF on May 20, 2015 at 3:04pm — No Comments

GBP/USD: the pair remains in the ascending channel

GBP/USD: the pair remains in the ascending channel



Current trend



In the mid-April the pair had reached the local lows, after which the pair reversed and went up. The rise in the pair was caused by favourable macro-economic British data. Over a couple of weeks the Pound gained over 900 points versus the USD and after that the pair corrected downwards. Later, the pair continued to rise and exceeded the key resistance level. Investors noticed the change in trend… Continue

Added by AlexanderLF on May 19, 2015 at 4:40pm — No Comments

EUR/USD: technical reversal of the trend has increased demand for Euro

EUR/USD: technical reversal of the trend has increased demand for Euro



Current trend



Throughout a month European currency has been growing against the USD amid weakening in the American currency. The data on all sectors of the American economy shows slowdown of economic growth. The decrease in demand for the USD has provoked investors into buying the Euro and the Pound.

Additional support to European currency has added favourable data on the key indices… Continue

Added by AlexanderLF on May 15, 2015 at 4:24pm — No Comments

GBP/USD: analysis and forecast

GBP/USD: analysis and forecast



Current trend



The main driver of yesterday’s movement in the market was poor data on the US retail sales for April. This index (which shows the changes in the volume of retail sales) was below the forecast, as it fell to 0.0% against expectations of 0.2%. Retail sales index excluding sales of the automobiles amounted to 0.1% against the forecast of 5%.

Some important British news was also released yesterday: in the monthly… Continue

Added by AlexanderLF on May 14, 2015 at 3:32pm — No Comments

USD/JPY: remains a chance of significant correction

USD/JPY: remains a chance of significant correction



Current trend



This week, the pair USD/JPY had repeatedly tested important resistance level of 120.30, but failed to break it down. At the beginning of this week the pair regained after last Friday’s decline. However, on Wednesday the announcement by the Bank of Japan, that monetary policy would remain unchanged, has caused short-term correction. Investors had expected that new incentive measures would be… Continue

Added by AlexanderLF on April 9, 2015 at 5:06pm — No Comments

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