You don't understand a specific financial term ? Visit our Forex glossary
Page 132 of 141 FirstFirst ... 3282122130131132133134 ... LastLast
Results 1,311 to 1,320 of 1404
  1. #1311
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. EUR/USD: general review

    Current trend

    Today, US trade duties on goods produced in China came into effect, totaling USD 34 billion. According to experts, the impact of tariffs on the Chinese economy will be noticeable in 3-6 months and may lead to a 0.2% decrease in its growth. Now investors are waiting for the official reaction of the Chinese authorities, in particular, the press conference of the Premier of the State Council of the PRC, Li Keqiang. Beijing's response may be symmetric, but the US administration warned that if the conflict escalated, it could introduce additional duties on Chinese goods totaling USD 500 billion.
    In the evening, investors expect the publication of data on Nonfarm payrolls in the US. The indicator can decline from 223K to 195K. Thursday's statistics on ADP Employment Change also proved to be weak: in June the indicator dropped from 189K to 177K.
    Support and resistance


    The price is testing 1.1718 (Murrey [0/8]) and in case of consolidation above it the price can reach the levels of 1.1840 (Murrey [1/8]) and 1.1962 (Murrey [2/8]). A breakdown of the midline of Bollinger Bands at 1.1650 will give the prospect of a decline to the level of 1.1530 (the bottom line of Bollinger Bands). Indicators show growth. Stochastic is directed upwards, and MACD histogram is about to move to the positive zone.
    Support levels: 1.1650, 1.1530.
    Resistance levels: 1.1718, 1.1840, 1.1962.

    Trading tips

    Buy positions may be opened above the level of 1.1718 with target at 1.1840 and stop-loss at 1.1670.
    Sell positions may be opened above the level of 1.1650 with target at 1.1530 and stop-loss at 1.1690.
    Implementation period: 3-5 days.


  2. #1312
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. USD/JPY: general review

    Current trend

    Today, the pair is trading near the midline of Bollinger Bands (D1) at 110.50.
    Today, at the meeting of the heads of the Bank of Japan regional branches, Haruhiko Kuroda spoke. In general, the head of the Japanese regulator confirmed his opinion that a soft monetary policy should be continued until inflation stabilizes at 2.0%.
    This week, investors will focus on the development of the US-China trade conflict and the publication of June inflation data in the US. The trade war leads to instability in the world economy and can force the Fed to lower the hike of interest rate increase. The index of inflation promises to remain above the target level of 2.0% for the fourth consecutive month, which indicates the restoration of the American economy and the need to normalize monetary policy.

    Support and resistance

    Now the price is at the middle line of the Bollinger bands at 110.50. The key for the "bears" is 110.15 (Murrey [5/8]). If it is broken down, a further decrease to 109.37 (Murrey [4/8]) and 108.59 (Murrey [3/8]) is likely. Long positions will become relevant if the price consolidates above the level of 110.93 (Murrey [6/8]), which was tested unsuccessfully this year. In this case, the target of the "bulls" will be 111.72 (Murrey [7/8]) and 112.50 (Murrey [8/8]).
    Technical indicators don't provide a clear signal. MACD histogram is stable in the positive zone. Stochastic is directed downwards.
    Support levels: 110.15, 109.37, 108.59.
    Resistance levels: 110.93, 111.72, 112.50.

    Trading tips

    Buy positions can be opened above 110.93 with target at 111.72, 112.50 and stop-loss at 110.50.
    Sell positions may be opened from 110.15 with targets at 109.37, 108.59 and stop-loss at 110.60.
    Implementation period: 3-5 days.


  3. #1313
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. EUR/USD: general analysis

    Current trend

    Yesterday the pair moved in different directions: poor June US employment market data affected it negatively, but as the tough rhetoric did not develop after the US-China trade taxes implementation, USD did not fall further.
    On Monday, ECB officials commented on the current economic situation. The head of the regulator, Mario Draghi in the European Parliament noted the growing role of protectionism in the world trade and expressed hope for EU consumer prices growth. In Zurich, ECB board member Ewald Nowotny expressed his fear that the US-China trade war could turn into a currency one. Earlier, the head of the People's Bank of China Yi Gang claimed the intention not to use the Yuan as a weapon in trade disputes, but the market was not satisfied.
    Today, the traders focus on EU and German ZEW Survey – Economic Sentiment release, which is expected to decline: from –16.1 to –18.0 points in Germany and from 12.6 to –13.2 points in EU. The growth of pessimism is due to EU, China and the USA trade conflict.

    Support and resistance

    The price grew above 1.1718 (Murrey [0/8]) and can move to 1.1840 (Murrey [1/8]), tested in May. A breakdown of the middle line of Bollinger bands around 1.1650 will let the price return to 1.1540. Indicators’ readings are ambiguous. Stochastic reverses in the overbought zone. MACD histogram is ready to enter the positive zone and form a buy signal.
    Resistance levels: 1.1840, 1.1962.
    Support levels: 1.1718, 1.1650, 1.1540.

    Trading tips

    Long positions can be opened from 1.1780 with the target at 1.1840 and stop loss at the level of 1.1740.
    Short positions can be opened below 1.1650 with the target at 1.1540 and the stop loss around 1.1690.
    Implementation period: 3–5 days.


  4. #1314
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. GBP/USD: general review


    Current trend

    At the beginning of the week, the pair sharply corrected to the area of 1.3183 (Murrey [4/8]), as a result of permutations in the British government.
    Brexit Secretary David Davis and Foreign Secretary Boris Johnson left office. They protested against the new plan by Theresa May, according to which a free trade area with uniform rules for industrial and agricultural goods, subject to European trade rules, should be established between the EU and Great Britain.
    Currently, the pair has ambiguous dynamics. GBP is under pressure by weak statistics on the volume of industrial production. The value of the indicator YoY grew by 0.8% with the forecast of 1.9%, and MoM it dropped by 0.4%.
    USD is under pressure after the US administration announced plans to introduce a new 10% duty on Chinese goods totaling USD 200B, which may enter into force on August 30. The Chinese authorities called this step of the US totally unacceptable and threatened with retaliatory measures and proceedings within the WTO.

    Support and resistance

    The price is testing the level of 1.3244 (Murrey [5/8]), the breakdown of which will give the prospect of price growth to 1.3183 (Murrey [4/8]), 1.3122 (Murrey [3/8]). The key for the "bulls" is the level of 1.3305 (Murrey [6/8]). If it is broken out, the growth to 1.3366 (Murrey [7/8]) and 1.3427 (Murrey [8/8]) is possible.
    Technical indicators show the decline development. Stochastic has reversed downwards, and MACD histogram is reducing in the positive zone.
    Support levels: 1.3244, 1.3183, 1.3122.
    Resistance levels: 1.3305, 1.3366.

    Trading tips

    Sell positions may be opened below 1.3244 with targets at 1.3183, 1.3122 and stop-loss at 1.3280.
    Buy positions can be opened above the level of 1.3305 with target at 1.3366, 1.3427 and stop-loss at 1.3260.
    Implementation period: 3-5 days.


  5. #1315
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. USD/JPY: general analysis


    Current trend

    This week the pair was growing, and by now it has reached the level of 112.40. The investors are focused on the US-China trade war. The government of Japan, represented by Cabinet Secretary Yoshihide Suga, has already expressed concern about its escalation. China and the United States are the largest trading partners of the country, and last year the export of Japanese goods in these directions amounted to $300 billion. The decline in the economic growth of the US and China could affect Japanese exporters negatively. According to experts, the consequences of the trade war are likely to come in the next year, and the country's economy may lose 0.6%.
    On Thursday, investors are waiting for the publication of June inflation data in the US. It is expected that the Consumer Price Index (YoY) may reach 2.9%, and Consumer Price Index Ex Food & Energy (YoY) will reach 2.3%. Thus, the basic indicator of inflation may remain above the target level (2.0%) for the fourth consecutive month. However, despite good economic results, FOMC members can reduce the number of rate increases this year, primarily due to the deepening trade US-China crisis.

    Support and resistance

    The price is now reaching the level of 112.50 (the upper border of the Murrey range [8/8]), where a reversal and correction to the levels 111.72 (Murrey [7/8]) and 110.93 (Murrey [6/8]) are possible. The price breaking the upper line of Bollinger bands and Stochastic entering the overbought zone confirm the forecast. The further growth is possible only if the price consolidates above the level of 112.50, in this case, the “bullish” targets will be 114.06 (Murrey [+2/8]).
    Resistance levels: 112.50, 114.06.
    Support levels: 111.72, 110.93, 110.15.

    Trading tips

    Short positions can be opened at the level of 112.50 with the targets at 111.72, 110.93 and stop loss at the level of 112.80.
    Long positions can be opened from the level of 113.00 with the target at 114.06 and stop loss around 112.70.
    Implementation period: 3–5 days.


  6. #1316
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. EUR/USD: general review

    Current trend

    Last week, the pair was trading near the level of 1.1718 (Murrey [0/8]), but could not get away from it significantly.
    This week, investors are waiting for a number of key events, mainly, for the Fed's head Jerome Powell Congress speeches, which will be held on Tuesday and Wednesday. Probably, they will be about monetary policy in the face of the complications of trade relations between China, the EU, and the USA. On the one hand, the inflation reaching the target level and a stable labor market push the regulator to raise rates. On the other hand, trade wars make the future of the American economy vague. Recently, representatives of the FRB of St. Louis noted that the reciprocal trade duties could lead to job losses and the shutdown of production in several US states. In these circumstances, the Fed may well begin to be cautious in monetary policy.

    Support and resistance

    Now, the instrument is testing the level of 1.1718 and, after consolidating above it, can continue rising to 1.1840 (Murrey [1/8]). This is confirmed by Stochastic, which is reversing upwards, as well as negative forecasts of the retail sales indicator, which will be published today (it is expected to decrease from 0.8% to 0.5%). The level of 1.1650 (the center line of Bollinger Bands) is seen as key for the "bears". Its breakdown will give a prospect of a return to 1.1530 (the bottom line of Bollinger Bands).
    Support levels: 1.1650, 1.1530.
    Resistance levels: 1.1718, 1.1840, 1.1962.

    Trading tips

    Buy positions may be opened from the level of 1.1718 with the target at 1.1840 and stop loss at 1.1680.
    Sell positions may be opened below 1.1650 with the target at 1.1530 and stop loss at 1.1690.
    Implementation time: 3-5 days.


  7. #1317
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. Brent Crude Oil: general analysis

    Current trend

    After Monday’s drop, oil prices stabilized. Brent is trading around 72.00–71.50. The decline can resume soon, as the external background remains negative. Investors are concerned about the US-China trade conflict escalation, which can lead to a decrease in the growth of the two leading world economies and undermine the demand for energy. At the same time, the supply deficit due to US anti-Iran sanctions, which could support prices, is balanced by increased production in a number of OPEC countries and their allies. In the first half of July, Russia increased it to 11.22 million barrels per day. By the end of this month, Iraq volumes can grow to 4.7 million barrels per day against the current 4.5 million barrels per day.
    Tuesday’s API Weekly Crude Oil Stock release increased unexpectedly: oil by 0.629 million barrels, and gasoline by 0.425 million barrels. In the evening, EIA Weekly Crude Oil Stock will be published, which is expected to reach 3.495 million barrels, but it is unlikely to support the prices significantly.

    Support and resistance

    The price fell below the level of 71.87 (Murrey [2/8]) and will continue to decline to the levels of 70.31 (Murrey [1/8]) and 68.75 (Murrey [0/8]), which is confirmed by the indicators. Bollinger bands diverge, MACD entered the negative zone. Stochastic entered the oversold zone: correction to 73.43 (Murrey [3/8]) is possible only after the price is set above 71.87.
    Resistance levels: 71.87, 73.43, 75.00.
    Support levels: 70.31, 68.75.

    Trading tips

    Short positions can be opened from the current level with the targets at 70.31, 68.75 and stop loss 71.90.
    Long positions can be opened from the level of 72.30 with the target at 73.43 and stop loss around 71.90.
    Implementation period: 3–5 days.


  8. #1318
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. EUR/USD: general analysis

    Current trend

    Today, the EUR/USD pair falls again, and the instrument is now trading around 1.1620. USD was supported by Fed Chairman Jerome Powell, who spoke on Wednesday before the Financial Services Committee of the US House of Representatives. According to him, Fed’s balance reaches 4.5 trillion dollars, however, the program of bonds redemption confirmed its effectiveness, and there are no reasons to cut back the purchase so far. The normalizing of the balance can take up to four years. As for the key problems of the American economy, Powell noted the growth rates of the national debt, exceeding GDP growth, which had to be stopped. In general, investors remain confident that the US regulator will raise interest rates this year two more times.
    June US construction market data prevents USD strengthening. Building Permits decreased by 2.2%, and Housing Starts – by 12.3%.

    Support and resistance

    Now the price consolidated below the middle line of Bollinger bands and may continue to fall to the levels of 1.1530 (June lows) and 1.1475 (Murrey [–2/8]). The key "bullish" level is 1.1718 (Murrey [0/8]). Its breakout may lead to an increase to the levels of 1.1840 (Murrey [1/8]) and 1.1962 (Murrey [2/8]). Technical indicators do not give a clear signal. Bollinger bands are moving horizontally. MACD histogram is near the zero line, its volumes are insignificant. Approach Stochastic to the oversold zone suggests the possibility of a price reverse upwards.
    Support levels: 1.1530, 1.1475.
    Resistance levels: 1.1718, 1.1840, 1.1962.

    Trading tips

    Short positions can be opened at the level 1.1580 with the targets at 1.1530, 1.1475 and stop loss around 1.1620.
    Long positions can be opened above the level 1.1718 with the target at 1.1840 and stop loss 1.1680.
    Implementation period: 3–5 days.


  9. #1319
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. FTSE: Fibonacci analysis

    On the H4 chart, the price is testing the level of 7695.0 (50.0%), which could not be overcome within a month. If the price is able to consolidate above it, the growth to the level of 7742.5 (61.8%) is possible. Indicators confirm the strength of buyers, indicating the possibility of further growth. Stochastic and Bollinger Bands are reversing upwards. MACD histogram is in the positive zone.
    On the D1 chart, the price reversed in the area of 7477.0 (38.2%), broke out the level of 7625.0 (23.6%) and now is directed to the May highs to the level of 7860.0 (0.0%). The price is moving along the line of the ascending correctional Fibo fan (38.2%). The continuation of the growth of quotations is confirmed by Stochastic, which reversed upwards. The key level for the "bears" seems to be 7625.0 (23.6%, center line of Bollinger Bands). Its breakdown could lead the price to the level of 7550.0 (probable intersection with the line of the ascending correctional Fibo fan 50.0%) and 7477.0 (38.2%). However, the decline scenario is still less likely.

    Trading tips

    Buy positions may be opened if the price consolidates above 7695.0 with targets at 7742.5, 7800.0. Stop loss should be placed at 7670.0.
    Sell positions may be opened below 7625.0 with targets at 7550.0, 7477.0 and stop loss at 7660.00.


  10. #1320
    MikhailLF is offline Senior Member
    Join Date
    Sep 2017
    Posts
    251

    Default

    LiteForex analitics. XAG/USD: silver prices are growing

    Current trend

    Prices for silver increased significantly on Wednesday, noting a new local high since July 17. USD fell against a background of falling yields on Treasury bonds and weak macroeconomic statistics on the new home sales dynamics in the US.

    Yesterday's preliminary meeting between US President Donald Trump and European Commission President Jean-Claude Juncker did not bring anything new to the market. Following the meeting, Trump said that he hoped for a positive outcome of the negotiations on the trade deal, and praised Juncker for a rather tough position.

    It should be noted that the consequences of trade wars begin to affect their participants. On Tuesday, the PRC government announced a program to stimulate domestic demand and its own economy to prevent its recession due to new US import duties. At the same time, it became known that Washington would allocate USD 12B to help farmers affected by Chinese retaliatory duties.

    Support and resistance

    Bollinger Bands in D1 chart demonstrate a stable decrease. The price range is narrowing, reflecting the "bullish" nature of trading in recent days. MACD indicator is growing keeping a buy signal (located above the signal line). Stochastic keeps on growing, but is rapidly approaching its highs, which indicates the risks associated with the overbought instrument.

    Current indicators do not contradict the further development of the "bullish" trend in the short term.

    Resistance levels: 15.60, 15.83, 16.00, 16.12.
    Support levels: 15.46, 15.30, 15.09.

    Trading tips

    To open long positions, one can rely on the breakout of 15.60. Take profit — 15.83, 15.90 or 16.00. Stop loss — 15.46.

    A rebound from 15.60 as from resistance, followed by a breakdown of 15.46 may become a signal for new sales with the target at 15.09. Stop loss — 15.60 or 15.65.

    Implementation period: 2-3 days.


Similar Threads

  1. LiteForex
    By Acontrario in forum Financial Associations
    Replies: 301
    Last Post: 12-11-2018, 11:55 PM
  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