Featured Blog Posts (1,712)

FDAX: technical analysis





FDAX, D1



On the daily chart, the instrument is trading in the upper Bollinger band. The price remains above its moving averages that are directed up. The RSI is showing Bearish dynamics having broken down its longer MA. The Composite is representing similar pattern.



FDAX, H4



On the 4-hour chart, the instrument is trading just above the lower line of Bollinger Bands. The price remains above the EMA65, EMA130 and SMA200 that are turning… Continue

Added by AlexanderLF on January 16, 2017 at 3:32pm — No Comments

Strong rebound in gold price might bring the bulls back again in action

All the major economic events in the year 2016 have come to an end after the FED hike their interest rate in their last FOMC meeting minutes. The recent rate hike by the FED has strengthened the U.S dollar against its all major rivals I the forex industry. In general, the intensified strength of the green bucks in the financial sectors pulls down the price of gold in the global market. Since the value of the gold is measured in the dollar, a rate hike in the global market makes it difficult…

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Added by Anna Agreeable on January 13, 2017 at 3:30pm — No Comments

USD/CHF: Fibonacci analysis





The downward trend will continue.



On the 4-hour chart the price has tested the level of 1.0070. The breakout here is possible, as the Bollinger Bands are pointed downwards. Also, the Stochastic has reversed in the same direction, and in this case the significant lowering of the price is possible. In case of the rebound from the level of 1.0070 the correction is possible to the level of 1.0125 (correction cluster 23.6% in the short and middle term) and further to… Continue

Added by AlexanderLF on January 13, 2017 at 3:11pm — No Comments

XAU/USD: technical analysis





XAU/USD, D1





On the daily chart, the instrument is growing along the upper line of Bollinger Bands. The price remains below its moving averages that turned horizontal. The RSI is approaching the border of the overbought zone. The Composite starts forming a divergence with the price and RSI suggesting a downward reverse possibility.





XAU/USD, H4





On the 4-hour chart, the instrument is growing along the upper line of… Continue

Added by AlexanderLF on January 12, 2017 at 12:55pm — No Comments

USD/JPY: general analysis





Current trend





During the trading session on Tuesday the pair was lowering. The USA stock markets show the weakness, which affects the USD negatively. The growth of the Wholesale Inventories index by 1% has also pressured it: the growth of the index reflects the showering of the economical growth and can affect the GDP greatly. The JOLTS Job Openings is 5.522 million against the expected 5.555 million, which doesn’t support the USD also. The Japan Composite… Continue

Added by AlexanderLF on January 11, 2017 at 3:06pm — No Comments

Brent: oil prices fell





Current trend





The price of Brent crude oil fell at the beginning of the week amid growing concerns that the OPEC countries are going to carry out their agreement to cut the production.





According to the experts, in the first days of January the Iraqi exports going through the port of Basra were the highest in the last 4 years. In addition, oil reserves in Iran’s floating storages significantly fell. In September 2016, their levels halved that… Continue

Added by AlexanderLF on January 10, 2017 at 12:36pm — No Comments

XAG/USD: technical analysis





XAG/USD, D1





On the daily chart, the instrument is trading just above the middle MA of Bollinger Bands. The price remains below the EMA65, EMA130 and SMA200 that are directed down. The RSI is trying to turn down having broken out its December resistance. The Composite is testing its December resistance as well.





XAG/USD, H4





On the 4-hour chart, the instrument is trading on the middle MA of Bollinger Bands. The price… Continue

Added by AlexanderLF on January 9, 2017 at 2:05pm — No Comments

GBP/USD: general review





Current trend



The pair significantly grew yesterday amid a substantial weakening in the US Dollar that remains under pressure after the publication of the FOMC Minutes in the middle of the week. The Minutes, despite been quite hawkish, showed that further path of monetary policy tightening in the US is uncertain as the effect to the economy of the promised fiscal stimulus by Donald Trump is unknown yet. The market seems to agree with the regulator about high level… Continue

Added by AlexanderLF on January 6, 2017 at 1:00pm — No Comments

USD/JPY: general review





Current trend





The pair sharply fell yesterday after the release of the FOMC Minutes from the last meeting of the regulator in December. The Minutes showed that the officials are concerned with falling unemployment in the US that in the near future might result in higher inflation. However, it was noted that due to uncertainties regarding Donald Trump’s fiscal policy plans, the pace of further monetary policy tightening is hard to forecast. At present, the Fed… Continue

Added by AlexanderLF on January 5, 2017 at 2:15pm — No Comments

Wise words of how to profit

Some wise person taught me years ago that ...

The best traders know that once you get into the trade at the right price and the market moves in your direction....."Leave it alone." Trying to trade in and out of a swing trade only reduces your profit if not totally eliminating it.…

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Added by Antje Wagner on January 4, 2017 at 4:53pm — No Comments

UKBrent: general review





Current trend





During yesterday’s trading session, after it has tested the level of 58.44, the price of Brent crude oil fell by almost $3 per barrel, and at its lowest point towards the end of the session was trading near the level of 55.40. Most likely, such a serious decline was caused by a strengthening in the US Dollar amid the publication of positive macroeconomic statistics in the US. Market participants were selling oil futures that are expressed in… Continue

Added by AlexanderLF on January 4, 2017 at 1:13pm — No Comments

XAU/USD: general analysis





Current trend



During the second half of 2016 the price of gold continued to steadily decline due to a stronger US dollar. Currently, however, the pair has already finished the movements triggered by Brexit and raised interest rates of the Fed. At the moment, there is concern on the market about the presidency of Donald Trump. In the near future he will have to convince the US Congress to allocate a large sum for the implementation of economic programs, and his new… Continue

Added by AlexanderLF on January 3, 2017 at 3:05pm — No Comments

Selecting a Forex Broker: Top 4 Tips

It is a well known fact that forex or the foreign exchange market is the largest financial market in the world in terms of liquidity and regular turnover. These days the number of online trading brokers is increasing dramatically. Because of growing interest in commodities and currencies, new brokers are constantly popping up.  And the task of choosing the best broker from the lot has become a difficult task. But competition only improves the quality of the offering.

Here are some…

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Added by Adam Guptill on January 3, 2017 at 2:54pm — No Comments

How to choose the best brokers for your forex trading career

Trading the financial instrument is extremely difficult and the number of successful traders in this industry is very less. Statistics suggest that out of every 100 traders only 5 are making consistent money in forex trading. Those who are making money in forex trading have undergone many hardships and due to their strong determination, they are successful in today’s trading world. Most of the traders always look for a trading strategy which will give them high-quality trading signals in the…

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Added by Anna Agreeable on January 3, 2017 at 12:00pm — No Comments

USD/JPY: the dollar is lowering in the end of the week







Current trend



During the trading session on Thursday, December, 29, the USD was lowering against the yen, reaching the new local minimum from the 14 of December and then renewed it during the morning session on the 30 of December. The “bearish” dynamics is due to the correctional moods before the New Year holydays. The investors usually close the most of positions in this time of the year, in addition, the dollar is greatly overbought against the yen as… Continue

Added by AlexanderLF on December 30, 2016 at 12:10pm — No Comments

Brent: renew of maxima in the end of the year





Current trend





The Brent oil prices grew to the level of year maxima 57.00 on Wednesday, and it is trading there now. The growth is caused to the oil production countries confirmed their agreement on the oil production limitation. The Oil Ministry of Iraq confirmed that the country is ready to limit the oil production by 200-210K barrel in January. The Venezuela Oil Ministry confirmed the limitation by 95K barrel per day. The EIA Crude Oil Stocks change index… Continue

Added by AlexanderLF on December 29, 2016 at 5:44pm — No Comments

XAG/USD: general analysis





Current trend





Yesterday the pair was growing against the “thin” market and no key macroeconomical news. It couldn’t consolidate above the strong resistance level of 16.00, and the silver began to decrease again.



Today the publication of the Pending Home Sales index can affect the market. The growth of the index above 0.5% will pressure the pair.





Support and resistance





On the daily chart the pair is trading… Continue

Added by AlexanderLF on December 28, 2016 at 3:49pm — No Comments

USD/CHF: the US dollar keeps growing





Current trend





In the beginning of the week the US dollar is growing against the Swiss franc, renewing a local maximum on December, 21. The market activity is still low due to the Ney Year and Christmas holydays. The traders prefer not to buy a risky currency, but consolidate the profit while trading stable ones.





On Monday, 26, there were no significant macroeconomical statistics published, but on Tuesday there will be a lot of data from USA.… Continue

Added by AlexanderLF on December 27, 2016 at 4:20pm — No Comments

NZD/USD: pair shows mixed trade









Current trend





Yesterday the pair showed choppy trade and closed near its opening level amid the publication of a large number of macroeconomic statistics.



In the third quarter of the year, the GDP in New Zealand grew by 1.1% q/q that was a 0.2% better than forecasts of economists. On a year-to-year basis, however, the index came out worse than forecasts having increased by only 3.5%, against expectations of… Continue

Added by AlexanderLF on December 23, 2016 at 12:43pm — No Comments

USD/JPY: pause before growth resumes





Current trend





The American Dollar continues consolidating against the Yen after a significant growth in November and the beginning of December. The Dollar fell due to profit fixation and the pair continues moving within the range of 80 points amid the lack of important fundamental news from the US or Japan. However, the Yen was slightly supported by yesterday’s decision on interest rates. The Bank of Japan left the rate unchanged, and in commentaries… Continue

Added by AlexanderLF on December 22, 2016 at 6:16pm — No Comments

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