You don't understand a specific financial term ? Visit our Forex glossary
Page 120 of 122 FirstFirst ... 2070110118119120121122 LastLast
Results 1,191 to 1,200 of 1212
  1. #1191
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    liteForex NZD/USD: Murray analysis

    Current trend

    On the daily chart the price rebounded from the level of 0.6958 ([2/8]) and is tending to the level of 0.6835 ([0/8]), which it has tested in the end of October already. The level was unsuccessfully tested this May, too, so it is quite strong. After the breakdown of it the price can fall to the levels of 0.6775 ([–1/8]) and 0.6714 ([–2/8]), which is confirmed by Stochastic, which is pointed downwards. However, the reversal and breakout of the middle line of Bollinger Bands and the level of 0.6958 ([2/8]) is not excluded, as the price is reaching the lower border of Bollinger Bands. In this case the price can grow to the levels of 0.7020 ([3/8]), 0.7080 ([4/8]) and 0.7141 ([5/8]).

    Support and resistance

    Support levels: 0.6835 ([0/8]), 0.6775 ([–1/8]), 0.6714 ([–2/8]).
    Resistance levels: 0.6958 ([2/8]), 0.7020 ([3/8]), 0.7080 ([4/8]), 0.7141 ([5/8]).

    Trading tips

    Long positions can be opened after the reversal of the price around 0.6835 or above the level of 0.6958 with the targets at 0.7020 and 0.7080 and stop loss at 0.6800 and 0.6900.
    Short positions can be opened below the level of 0.6775 with the targets at 0.6714, 0.6670 and stop loss at 0.6810.


  2. #1192
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    liteForex AUD/USD: under the pressure of Chinese data

    Current trend

    This week the pair is going down and is now trading around 0.7600. AUD is under the pressure of poor Chinese data: October Retail Sales indicator fell from 10.3% to 10.0% and Industrial production one decreased from 6.6% to 6.2%. Chinese problems can significantly affect Australian economy negatively in long term. China consumes more than third of Australian export, a large part of it is iron ore. More than a half of it and iron product have been using in Chinese building market, which is slowing now. This fact has led to cut of surplus production capacities, which can affect Australian producers negatively.
    Today US October Inflation data and Retail Sales publication can cause great volatility of the price. Consumer Price Index can fall from 2.2% to 2.0%, and after September growth by 1.6% Retail Sales data can be 0.0%. In this case the pair can enter the upward correction.

    Support and resistance

    The key “bearish” level is at 0.7568 (Murray [0/8]). The breakout will let the price fall to the area of 0.7507 (Murray [–2/8]). Stochastic’s attempt to reverse near the oversold area reflects the possibility of the upward correction. However, long positions with the targets at 0.7690 (Murray [4/8]), 0.7720 (Murray [5/8]) will become relevant only after the price is set above the level of 0.7630 (Murray [2/8], the middle line of Bollinger Bands).

    Resistance levels: 0.7630, 0.7690, 0.7720.
    Support levels: 0.7568, 0.7507.

    Trading tips

    Short positions can be opened below the level of 0.7568 with the target at 0.7507 and stop loss at 0.7600.

    Long positions can be opened above the level of 0.7630 with the targets at 0.7690, 0.7720 and stop loss at 0.7600.


  3. #1193
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    EUR/USD: inflation is pushing the pair downwards

    Current trend

    On Wednesday the pair started correction from the level of 1.1840 (Murrey [1/8] for D1). USD was supported by positive data on inflation in the USA. Basic CPI that the Fed uses to make decisions on changes in the interest rate, grew by 1.8% (after remaining on the level of 1.7% for five months). This gave the investors confidence that the regulator would increase the interest rate during its December meeting.
    Today’s inflation statistics from Eurozone was negative for euro. CPI remained on the level of 1.4% and its basic variant dropped from 1.1% to 0.9%. Moreover, the European currency is under pressure from the data that German Chancellor Angela Merkel has problems forming the new German government.

    Support and resistance

    Currently the price is moving towards the level of 1.1718 (Murrey [0/8] for D1) and may well reach it if today’s data on US industrial output prove to be strong (the indicator is expected to grow from 0.3% to 0.5%). Breaking down the level of 1.1718 will open the way for further decrease to 1.1657 (Murrey level [3/8] for Н4) and 1.1596 ([-1/8] for D1). One may speak about considerable growth after the price breaks out the level of 1.1840. In this case the targets of the “bulls” will be 1.1900 (Murrey level [7/8] for H4) and 1.1962 ([2/8] for D1). Technical indicators show opposite signals. Stochastic is leaving the overbought area forming a sell signal. MACD histogram is about to move to the positive zone and form a buy signal.

    Support levels: 1.1718, 1.1657, 1.1596.
    Resistance levels: 1.1840, 1.1900, 1.1962.

    Trading tips

    Short positions should be opened at the current price with targets at 1.1718, 1.1657 and stop-loss at 1.1790.
    Long positions may be opened above 1.1840 with targets at 1.1900, 1.1962 and stop-loss 1.1800.


  4. #1194
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    NZD/USD: downward impulse maintains

    Current trend

    New Zealand Currency is significantly falling against the US dollar after the interest rate decision and RBNZ Statement upon the maintenance of the mild monetary policy in the long term.
    In the middle of the last week in RBNZ statement was claimed that the key interest rate will stay on the same level, so the monetary policy perspectives are unclear. It was also noted, that low rate of the national currency is necessary to increase the inflation rate.
    Today the pair rapidly went down, breaking few of the key support levels. Poor Business NZ PMI, Producer Price Index – Input and Output data affected the pair negatively. The pair has lost 100 points in a few hours, and downward momentum maintains.
    As there is lack of US key releases in the economical calendar, the pair will move according to the trading moods.

    Support and resistance

    The pair will fall to the key levels of 0.6770, 0.6680, 0.6575. Insignificant upward correction at the level of 0.6770 with the target at 0.6820 is possible, but after it the pair will decrease further. Technical indicators confirms the forecast, MACD reflects the growth of short positions volumes, Bollinger Bands are pointed downwards.

    Resistance levels: 0.6820, 0.6875, 0.6920, 0.6975, 0.7010, 0.7050.
    Support levels: 0.6770, 0.6730, 0.6680, 0.6575, 0.6500.

    Trading tips

    It’s better to increase the volume of short positions at the current level with the targets at 0.6770, 0.6680, 0.6575 and stop loss at 0.6860


  5. #1195
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    EUR/USD: instability in Germany puts pressure on euro

    Current trend

    The pair started the week with a fall to 1.1723. The market acted on the data on the termination of negotiations on the formation of a new German government. Free Democratic Party headed by Christian Lindener refused to become a part of the coalition government with CDU/CSU. Now Chancellor Angela Merkel may either create a government of parliamentary minority and reach separate agreements with the opposition on key bills, or hold an extraordinary parliamentary election. Anyway, instability in the German government will put pressure on EUR in the medium term.

    After the opening of the European session the pair regained positions and is now trading around 1.1790. During the day the market is waiting for the speech by Mario Draghi in the European Parliament. However, the head of ECB is unlikely to say something new about the monetary policy. He stated several times that despite the success of the European economy stimulation had to be continued.

    Support and resistance

    Currently the price is located near 1.1780 (Murrey level [5/8]). Its breakdown may return the quotes to 1.1730 (lower line of Bollinger Bands)-1.1718 (Murrey [4/8]). One may speak about considerable growth in case the price consolidates above 1.1840 (Murrey [6/8]). In this case growth may continue to 1.1900 (Murrey [7/8]) and 1.1962 (Murrey [8/8]). Technical indicators don’t give a clear signal. Bollinger Bands are switching to the horizontal movement. MACD histogram is stable in the negative zone. Stochastic is directed upwards.

    Support levels: 1.1780, 1.1718, 1.1657.
    Resistance levels: 1.1840, 1.1900, 1.1962.

    Trading tips

    Short positions should be opened below 1.1780 with targets at 1.1718, 1.1657 and stop-loss at 1.1820.
    Long positions may be opened above 1.1840 with targets at 1.1900 and 1.1962 and stop-loss at 1.1800.


  6. #1196
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    NZD/USD: Murrey analysis

    Current trend

    On the D1 chart the pair continues to trade within the downward channel having decreased below the main support level of 0.6835 (Murrey [0/8]). The instrument failed to break through this level several times, and it still remains important. In case it is broken out, the price may continue to grow to 0.6897 ([1/8]) and 0.6958 ([2/8]). Otherwise the price may go down to 0.6713 ([-2/8]).

    Further fall of the quotes may be caused by today’s release of the dairy prices index by Global Dairy Trade. They have been falling a stable decreasing pattern since the beginning of October, and its continuation may put considerable pressure on the currency of New Zealand.

    Support and resistance

    Technical indicators don’t exclude reversal and upward correction. Stochastic is near the oversold area and moves horizontally. MACD histogram is in the negative zone and shows signs of divergence with the price chart which indicates reversal.

    Support levels: 0.6775 ([-1/8]), 0.6713 ([-2/8]).
    Resistance levels: 0.6835 ([0/8]), 0.6897 ([1/8]), 0.6958 ([2/8]).

    Trading tips

    In the current situation buy positions should be opened when the level of 0.6835 is broken through with targets at 0.6897, 0.6958 and stop-loss at 0.6800.
    Short positions may be opened below 0.6775 with targets at 0.6713, 0.6670 and stop-loss at 0.6810.


  7. #1197
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    AUD/USD: Philip Lowe stopped the fall of the pair

    Current trend

    On Tuesday the pair made an attempt of upward correction and rose to 0.7590. Investors acted upon the statement of the head of RBA Philip Lowe who said that at that time there was no need to increase the interest rates, but it could appear soon. The state of the economy indicates that the regulator is likely to increase the interest rate with its next decision. However, the optimism of the market did not last long, as Lowe gave no hints regarding the time of the increase. Currently the price is aiming at November minimums at 0.7535.
    The minutes of the Fed’s November meeting will be released in the evening. Investors will look for confirmations of their expectations regarding one more increase of the interest rate in the USA in December.

    Support and resistance

    Technically the pair is consolidating around 0.7568 (Murrey level [2/8]) and may remain there until the end of the week. The consolidation of the price below 0.7568 will open the way for reduction to 0.7446 (Murrey level [1/8], lower border of the upward channel). Still, reversal and beginning of growth to 0.7690 (Murrey [3/8]) and 0.7812 (Murrey [4/8]) seem more likely. This is confirmed by the fact that Stochastic starts to reverse in the oversold areas and Bollinger Bands have turned to horizontal movement.
    Support levels: 0.7568, 0.7446, 0.7324.
    Resistance levels: 0.7690, 0.7812.

    Trading tips

    Long positions should be opened from 0.7600 with targets at 0.7690, 0.7812 and stop-loss at 0.7560.
    Short positions may be opened from the level of 0.7520 with targets at 0.7446, 0.7324 and stop-loss at 0.7560.


  8. #1198
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    EUR/USD: American currency is under pressure

    Current trend

    The Thanksgiving Day is celebrated today in the USA, but dollar is under the pressure after FOMC Minutes publication. Some of FOMC members expressed their doubts in the rapid increase of the interest rate in unstable inflation growth conditions. Earlier the outgoing Fed’s head Janet Yellen stated the same doubts. On the other hand, EUR is supported by the news than the head of Social-Democratic Party Martin Schulz is ready to negotiate with Chancellor Angela Merkel upon her restricted support in case of minority party creation by her.
    In addition, the “bulls” were inspired by strong statistics from EU. Markit Services PMI reached the maximum level of 56.2 points since this May, as Markit Manufacturing PMI reached the record 60.0 points.

    Support and resistance

    Technically the price is testing the level of 1.1840 (Murray [6/8]) and after consolidation above it can grow to the levels of 1.1900 (Murray [7/8]) and 1.1962 (Murray [8/8]). Stochastic is in the overbought area, so the correction to the level of 1.1780 (Murray [5/8], the middle line of Bollinger Bands) is possible. The growth seems more likely.

    Resistance levels: 1.1840, 1.1900, 1.1962.
    Support levels: 1.1780, 1.1718, 1.1657.

    Trading tips

    Long positions can be opened above the level of 1.1840 with the targets at 1.1900, 1.1962 and stop loss at 1.1800.
    Short positions can be opened from the level of 1.1820 with the targets at 1.1780 and 1.1718 and stop loss at 1.1850.


  9. #1199
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    USD/JPY: general analysis

    Current trend

    During last few trading weeks USD is rapidly falling against JPY due to the decrease of the investment attractiveness of the US currency after the slowing of the USA Fed’s monetary policy tightening. In addition, the change of the US regulator’s head affected USD negatively.
    Last week favorable Q3 economy growth data were released, and yen grew significantly. There were no key macroeconomic data this week, but the momentum strengthened and the demand on Japanese currency increased, as a result the pair fell by more than 150 points. Yesterday the instrument reached the key support level of 111.00 and reversed into consolidation.
    Due to US holidays in the end of the week the significant movement of the pair is not expected.

    Support and resistance

    In the short term the correction within the downward channel is expected, after the end of which the pair can fall to the levels of 110.50, 109.00.
    At the moment the demand on yen is high, which draws the pair downwards, and if US Fed will postpone the interest rate rise to 2018, the instrument can reach the levels of 108.15, 107.50.
    On the 4-hour chart technical indicators confirms the forecast, MACD short positions volumes are growing, Bollinger Bands are pointed downwards.

    Resistance levels: 111.50, 111.75, 112.40, 112.60, 112.85, 113.45, 113.70, 114.00.
    Support levels: 111.00, 110.50, 110.20, 109.55, 109.00, 108.15, 107.50.

    Trading tips

    It’s relevant to increase the volumes of short positions at the current level with the targets at 110.50, 109.00 and stop loss at 112.10.


  10. #1200
    MikhailLF is offline Member
    Join Date
    Sep 2017
    Posts
    59

    Default

    GBP/USD: perspectives are unclear

    Current trend

    Last week pound was growing and reached the maximum since the beginning of October at the level of 1.3360 on Friday.
    The investors concern more upon the possible slowing of the monetary policy tightening rate in the USA, than the Brexit negotiations of UK and EU difficulties, where the parties still cannot began to discuss trading agreements due to the fact that the Irish border issue is unclear. Irish government wants to get the guarantees from UK government, that the control on the border between North Ireland and Republic Ireland won’t be implied. Otherwise the Irish party, represented by Commissioner for Agriculture Phil Hogan threatens to block further Brexit negotiations.

    Intransigence of the parties and the delaying of Brexit negotiations make business community fears that the deal won’ be done at all, and UK will leave EU without any agreements. This has led to the fact that a number of companies decreased its presence in the country, which can result in the Industrial Production and GDP fall in the UK.
    Last week British Office for Budget Responsibility decreased the next year GDP growth forecast from 2.0% to 1.5%. The middle term perspectives of the currency are still unclear.

    Support and resistance

    Technically the price is tending to the level of 1.3366 (Murray [7/8]) and after the breakout can move upwards to the level of 1.3427 (Murray [8/8]). Otherwise the price can return to the levels of 1.3305 (Murray [6/8], the middle line of Bollinger Bands), 1.3244 (Murray [5/8]). Technical indicators reflect the growth. Bollinger Bands are pointed upwards, Stochastic reversed upwards.

    Resistance levels: 1.3366, 1.3427, 1.3488.
    Support levels: 1.3305, 1.3244, 1.3183.

    Trading tips

    Long positions can be opened above the level of 1.3366 with the target at 1.3427 and stop loss at 1.3300.
    The consolidation of the price below the level of 1.3305 will make short positions with the targets at 1.3244, 1.3183 and stop loss at 1.3340 relevant.


Similar Threads

  1. LiteForex
    By Acontrario in forum Financial Associations
    Replies: 268
    Last Post: 12-14-2017, 12:19 AM
  2. Liteforex good site
    By magic in forum Financial Associations
    Replies: 11
    Last Post: 02-28-2015, 07:32 AM
  3. LiteForex
    By helen in forum General Topics
    Replies: 25
    Last Post: 12-03-2014, 06:41 AM
  4. Bonus posting 0.2$ Forum Liteforex 2012
    By ngepet dolar euro in forum FX Articles
    Replies: 1
    Last Post: 02-14-2012, 03:51 AM
  5. Replies: 0
    Last Post: 12-26-2010, 10:50 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Comparing Versions of footer
 

Search Engine Friendly URLs by vBSEO 3.6.0