Featured Blog Posts (1,610)

USD/CAD: general analysis





Current trend



This week, the USD/CAD pair has been moving down. The downward dynamics has been developing amid expectations of important macroeconomic releases both in the US and Canada which can result in a trend reversal.



In the second half of the day, data on Retail Sales is due in the US. If the favorable forecast is confirmed, the US Dollar will gain support. Later on, the Bank of Canada announces its interest rate decision. Precise attention should… Continue

Added by AlexanderLF on April 13, 2016 at 4:26pm — No Comments

GBP/USD: review and forecast





Current trend



This week, the Pound continues strengthening against the US Dollar. The pair has gained support amid expectations of relatively favorable statistics on the UK economy. Today the data showed the Consumer Price Index grew by 0.4% in monthly terms against the forecast of 0.3%. In annual terms, the indicator was up by 0.5% while analysts expected it to come in at 0.4%. As a result, the pair gained more than 200 points.



Today market participant… Continue

Added by AlexanderLF on April 12, 2016 at 2:26pm — No Comments

USD/JPY: technical analysis





USD/JPY, D1



On the daily chart, the pair is correcting up as it has formed four closes below the lower MA of Bollinger Bands. The price remains below its moving averages that are directed down. The RSI is trying to turn up near its strong support in the oversold zone. The Composite is trying to turn up as well.





USD/JPY, H4



On the 4-hour chart, the pair is correcting up towards the middle MA of Bollinger Bands. The price remains… Continue

Added by AlexanderLF on April 11, 2016 at 5:10pm — No Comments

XAU/USD: general analysis





Current trend



The price of gold continues its upward trend. The precious metal is strengthening as the Federal Reserve can delay interest rate rise, the stock market is falling so are US bonds yields. Capital inflow in exchange traded funds remains high that also supports the price of gold.



On the other hand, gold purchases by the People’s Bank of China declined to 9 tonnes in March that is the lowest level since last year. However, the country is likely… Continue

Added by AlexanderLF on April 8, 2016 at 4:40pm — No Comments

The Global Currency War And How To Profit From It

In August 2015 China devalued its currency, the yuan. This has since sparked a so-called ‘global currency war’. A currency war, also known as competitive devaluation, refers to countries devaluing their domestic currencies to gain a competitive trade advantage over…

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Added by Sam Wexler on March 22, 2016 at 11:42am — No Comments

USD/CAD: general review





Current trend





Yesterday the pair continued falling amid weakness of the US Dollar and the publication of mixed macroeconomic data in the US. The Current Account deficit amounted to 125.3 billion, while economists predicted it at 118.9 billion USD. At the same time, the number of Initial Jobless Claims grew to 265 thousands that was yet better than forecasts.



Today attention needs to be paid to data on the Bank of Canada Consumer Price Index Core.… Continue

Added by AlexanderLF on March 18, 2016 at 12:58pm — No Comments

USD/CAD: pair is falling





Current trend



Yesterday the pair significantly declined after the US Fed made its Interest Rate Decision. As was expected, the rate remained unchanged at the current 0.5% but the regulator lowered its own forecasts of the pace of further monetary policy tightening. In addition, the regulator acknowledged the existence of substantial risks for the growth of the US and world economies.



Tomorrow attention needs to be paid to the speeches by Fed officials… Continue

Added by AlexanderLF on March 17, 2016 at 12:11pm — No Comments

GBP/USD: analysis and forecast





Current trend





Since the beginning of the week, the GBP/US D pair has been trading down. Having reached its month high at 1.4435, the price turned down and lost more than 250 points.





Today, market volatility remains low. The Bank of England announces its interest rate decision tomorrow. As for today, market participants are waiting for the Fed’s interest rate decision. The regulator is expected to keep interest rates unchanged at 0.5%.… Continue

Added by AlexanderLF on March 16, 2016 at 2:58pm — No Comments

AUD/JPY: pair is falling





Current trend



Since the beginning of the week, the pair is showing a significant decline. The pair was substantially pressured by the Bank of Japan statement. As was expected, the regulator left monetary policy unchanged. However, in its Monetary Policy Statement it noted that prospects for the world economy growth remain gloom.



In addition, according to today’s RBA Meeting Minutes, the Australian GDP continues growing but labour market conditions are… Continue

Added by AlexanderLF on March 15, 2016 at 2:14pm — No Comments

Binary Uno Review

Binary Uno Review

Binary Uno started its operation in 2011 by a group of experienced brokers and investors. It is headquartered in Mahe, Seychelles and provides both Forex and binary options trading services.

Trading Platform

Binary Uno…

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Added by Sam Wexler on March 10, 2016 at 8:00pm — No Comments

USD/JPY: pair trades flat





Current trend



The USD/JPY pair ended the previous trading week near the opening levels.



On Friday, the Yen was growing moderately during the morning session supported by the statements of BoJ Governor Haruhiko Kuroda that the central bank is not considering any further cuts in interest rates. More support for the currency came from favorable data on labour cash earning which were up by 0.4% in January after the previous 0.2% growth.



Then, the… Continue

Added by AlexanderLF on March 7, 2016 at 2:16pm — No Comments

USD/CAD: review and forecast





Current trend



This week, the USD/CAD pair has been falling like it did in the previous month. At present, the price remains near the level of the beginning of December 2015.



Today, series of macroeconomic publications are due both in the US and Canada. At 3:30 pm (GMT+2) attention needs to be paid to statistics on US labour market, including data on unemployment rate. It is hard to predict what impact these releases will have on the American currency. At… Continue

Added by AlexanderLF on March 4, 2016 at 12:07pm — No Comments

AUD/USD: general review





Current trend



The AUD/USD pair continues growing. The pair was supported by strong data from Australia that came out better than forecasts. The Trade Balance deficit shrank to 2.94 billion, while the AiG Performance of Services Index grew to 51.8 points.



Today pair’s dynamics can influenced by data on Initial Jobless Claims and Factory Orders from the US. Tomorrow attention needs to be paid to data on Retail Sales in Australia and the Unemployment Rate… Continue

Added by AlexanderLF on March 3, 2016 at 4:28pm — No Comments

A Brief History Of CFD trading

Who has laid the foundation of CFD trading technique is still debated. But the history of trading CFDs goes back to the early 1990s when a financial firm in London created CFDs for hedging purposes. CFDs were originally created for the purpose of offsetting the risk of losses from the stocks traded on London stock exchange. Sooner the CFDs were started to be considered as favorable financial instruments because of the reason they needed a small margin and no physical shares were…

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Added by Sam Wexler on February 21, 2016 at 9:00am — No Comments

AUD/USD: analysis and forecast





Current trend





During the Asian session, the AUD/USD pair fell to the level of 0.7100. The Australia Dollar was losing its positions after RBA board member John Edwards stated the national currency is too strong. In his opinion, a more comfortable level for the AUD/USD pair would be 0.6500.





The Australian currency came under pressure amid the publication of labour market report. In January, Unemployment Rate in Australia was slightly up to… Continue

Added by AlexanderLF on February 19, 2016 at 1:55pm — No Comments

AUD/JPY: Australian Dollar resumed growth





Current trend





Yesterday the pair strengthened amid growing prices for commodities.



Supportive news that hit the markets yesterday were that Iran agreed to the proposal by few OPEC member-countries to freeze current output levels of oil. The country, however, did not specify the dates when restrictions will come into effect.



At the same time, the Yen remains under pressure after the last week’s rally as investors are worrying that the… Continue

Added by AlexanderLF on February 18, 2016 at 2:20pm — No Comments

Brent: general analysis





Current trend





Top oil producers – Russia, Qatar, Saudi Arabia and Venezuela – have agreed to freeze oil output at 11 January level. This decision might help to tackle an oversupply of the global oil market. Thus, the price of oil has its chance to strengthen to $40 per barrel. However, at the same time, there is a lack of clear understanding of how long the agreement will last and whether the countries will strictly follow all its… Continue

Added by AlexanderLF on February 17, 2016 at 1:31pm — No Comments

GBP/USD: triangle has been formed; breakout of the upper border is expected





Current trend





During several months, the British Pound was falling against the US Dollar. However, at the beginning of February, the GBP/USD pair started growing within a narrow ascending channel and reached the key resistance level of 1.4670. For the last few days, the pair has been trading in a sideways channel and forming a triangle pattern.





Today, ahead of the macroeconomic releases, the Pound gained support and strengthened to the upper… Continue

Added by AlexanderLF on February 16, 2016 at 6:04pm — No Comments

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

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