Featured Blog Posts (1,505)

Play safe in the forex market by taking help of the best forex brokers in 2015

The forex market has always been a safe haven for the investors as they think that this is perhaps the best way to make money and build their financial safe. Although the present debt situation in the country is pretty precarious, yet the consumers don’t feel afraid to try their luck in the investment market as they are sure that they can reap some amount of returns. When it comes to the forex market, it is all about playing a safe game with the currencies. The more you trade with the right…

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Added by yuval on October 13, 2014 at 11:31pm — No Comments

EUR/USD: general review

EUR/USD: general review



Current trend

With the opening of today’s trading session, the pair EUR/USD has slightly grown after the decline last Friday; however, in general, European currency continues to weaken amid overall strengthening in the USD. In addition, European macro-economic statistics show negative performance, indicating slowdown in economic growth. It is likely that in the near future European currency will not have strong drivers capable to change… Continue

Added by AlexanderLF on October 13, 2014 at 3:08pm — No Comments

NZD/USD: upward correction was short

NZD/USD: upward correction was short



Current trend

This week, trading in NZD/USD was mixed and the pair was strongly affected by the US fundamental statistics. On Thursday the price had reached two-week highs at the level of 0.7975 after the release of the minutes of the US Fed meeting, which showed concerns of the American regulator about the strong dollar. The regulator has postponed tightening of the monetary policy once again, which was unexpected for the… Continue

Added by AlexanderLF on October 10, 2014 at 3:01pm — No Comments

GBP/USD: general review

GBP/USD: general review



Current trend



At the last trading session the British currency rose significantly amid the news from the US Fed. Minutes of the meeting of FOMC have shown that interest rates will not be raised in the near future. The minutes also said that strengthening in the USD would have a negative impact on the US economy, especially on the export- oriented sector. Amid these facts the GBP has grown by more than 50 points.

Today, market… Continue

Added by AlexanderLF on October 9, 2014 at 1:17pm — No Comments

USD/JPY: analysis and forecast

USD/JPY: analysis and forecast



Current trend



Last week the pair USD/JPY has reached the highs at 110.00. Market players have been expecting this level since last year. This week the pair started with the fall, but today it went up and is trading around 108.50. Prime minister of Japan Shinzo Abe claimed that weak Yen can affect SME, while Head of BOJ Haruhiko Kuroda doesn’t see any harm in low course of national currency. Chief Cabinet Secretary Yoshihide Suga… Continue

Added by AlexanderLF on October 8, 2014 at 2:57pm — No Comments

Candlestick Charts Analysis: A Way to Understand the Psychology Of Buyers and Sellers



If you are someone who has just ventured in to Forex, please remember that ways to read



Candlestick charts are an important part of your learning curve. Technical forex traders often



make use of the candlestick charts rather than the traditional charts as they can pack in more



information than the traditional charts. They can be utilized to predict future movements in forex.



In the daily charts the patterns are formed differently but they offer…

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Added by yuval on September 30, 2014 at 12:03am — No Comments

Brent: general review

Brent: general review



Current trend

Yesterday, the price of the crude oil Brent had traded in the narrow channel of 96.42-97.45. Low price level is maintained due to several factors. Last Thursday State Oil Corporation of Libya National Oil Corporation increased production of oil to 925 thousand barrels per day. Member of the OPEC gradually returns to the market after one year absence caused by the complicated political situation.

Another factor, which puts… Continue

Added by AlexanderLF on September 29, 2014 at 4:05pm — No Comments

EUR/USD: breakdown of last year lows will push the pair down

EUR/USD: breakdown of last year lows will push the pair down



Current trend



European currency continues to fall due to the negative stats on EU economic system. The last nail in the coffin was IFO indices, which were even lower than predicted. The pair EUR/USD has broken down the support level of 1.2820 and reached last year lows, but then was corrected to the level of 1.2750.

Today investors are waiting for the US GDP data and ССI publications. However,… Continue

Added by AlexanderLF on September 26, 2014 at 2:53pm — No Comments

GBP/USD: the pair can undergo correction

GBP/USD: the pair can undergo correction



Current trend



On Wednesday the pair GBP/USD has lost 100 points, falling to resistance level of 1.6290 (lower line of Bollinger bands); however the pair failed to consolidate below this level. The USD was supported by the data on the US real estate market: volume of the new houses sales has increased by 18.0% in August, which was above the forecast (504 thousand houses).

Today, the pair may undergo correction… Continue

Added by AlexanderLF on September 25, 2014 at 4:31pm — No Comments

XAG/USD: technical analysis

XAG/USD: technical analysis



XAG/USD, H4



On the four-hour chart the pair XAG/USD is trading within a narrow channel. The pair has almost reached the lowest level this year at 17.33. Meanwhile, the price has hit the lower MA of Bollinger Bands, now it can bounce off and return to the middle MA at 17.76. Then the pair will probably go down to the level of 17.55. Downward trend is confirmed by both Stochastic lines, which are directed downwards, and MACD… Continue

Added by AlexanderLF on September 24, 2014 at 3:40pm — No Comments

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

Forex: Ichimoku Clouds. Review of USD/CHF

Forex: Ichimoku Clouds. Review of USD/CHF



USD/CHF, H4



Let’s look at the four-hour chart. Tenkan-sen line is above Kijun-sen, they are both directed upwards. Chinkou Span line is above the price chart; current Kumo-cloud is still ascending. The pair is stillgrowing, the closest support level is Tenkan-sen line (0.9086). One of the previous maximums of Chinkou Span line is expected to be a resistance level at 0.9130.







USD/CHF,… Continue

Added by AlexanderLF on August 20, 2014 at 1:14pm — No Comments

EUR/USD: analysis and forecast

EUR/USD: analysis and forecast



Current trend



The currency pair EUR/USD started this week with the decline. European currency is under pressure from poor data on trade balance in Eurozone. This index has been decreasing for the third consecutive month, reaching the level of 13.8 billion euro in June. Note also that the restrictions in imports of the products from European countries introduced by the Russian Federation has have a negative impact on Euro. In… Continue

Added by AlexanderLF on August 19, 2014 at 3:38pm — No Comments

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