Featured Blog Posts (1,537)

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

GBP/USD: Pound can reach five-year lows

GBP/USD: Pound can reach five-year lows



Current trend



After reaching the key resistance level of 1.4990, the pair GBP/USD sharply went down, breaking down important support levels of 1.4800, 1.4750 and 1.4700. Such rapid decline in the pair was primarily caused by strengthening in the USD after the release of the minutes of the US Federal Reserve. The majority of the American regulator voted for the increase in interest rates this June. In addition, main… Continue

Added by AlexanderLF on April 10, 2015 at 3:30pm — No Comments

Forex: Ichimoku Clouds. Review of NZD/USD

Forex: Ichimoku Clouds. Review of NZD/USD



NZD/USD, H4

Let’s look at the four-hour chart. Tenkan-sen line is above Kijun-sen, both lines are directed steeply up. Chinkou Span line is above the price chart; current cloud has reversed from descending to ascending. The pair has broken through the cloud and is trying to consolidate above its upper border (0.7543). The next obstacle for the price on its way up will be one of the previous minimums of Chinkou Span line… Continue

Added by AlexanderLF on April 8, 2015 at 2:28pm — No Comments

Investors Look at Recent Growth in Hedge Fund Industry

Hedge fund assets have really started to grow in recent years. While this shouldn't be viewed as an endorsement of any specific investment product, it might speak volumes about the health of the industry. A recent report stated that the industry's total managed assets are over $3 trillion, and investors added around $13 billion of new capital in February 2015 alone.
Analysts feel that 2014 was something of a bad year, but the industry itself looks quite healthy all things…
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Added by Sam Wexler on April 1, 2015 at 1:24pm — No Comments

EUR/USD: the euro rallies on investors' interest

EUR/USD: the euro rallies on investors' interest



Current trend

Last week, Germany published strong data on key indexes that supported the European currency, and EUR/USD reached the key resistance level and local high at 1.1000. At the end of the last trading week, the American currency re-appreciated against the Euro against a backdrop of positive statistics for US labour market and weak data on the eurozone's loan sector.



The pair is slowly falling… Continue

Added by AlexanderLF on March 30, 2015 at 3:22pm — No Comments

Greece Concerns Put Pressure on Euro

Monday saw the euro quickly give up on the gains it initially made against the dollar as worry over the unfolding financial crisis in Greece crept into the markets.

On Sunday, the Greek Prime Minister Alexis Tsipras said that he would push ahead with the promises he’d made prior to the election, insisting that he would attempt to reverse the austerity measures placed by previous agreements with the ECB, and also reject the…

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Added by Sam Wexler on February 24, 2015 at 1:03am — No Comments

GBP/USD: technical analysis

GBP/USD: technical analysis



Current trend



The previous week was quite volatile for the GBP/USD that traded in a range of 1.5340-1.5465. On Wednesday, following the publication of data on the UK labour market, the pound managed to rise to a resistance level of 1.5465, but did not break it down. On Friday, the British currency lost points against a backdrop of negative data on retail sales. The trading session closed below 1.5400.

The pair dropped at the… Continue

Added by AlexanderLF on February 23, 2015 at 4:50pm — No Comments

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