कमाएं तक राशि
$ 50 000
दोस्तों को आमंत्रित करने के लिए
इंसटाफोरेक्स से स्टार्टअप बोनस प्राप्त करने के लिए
निवेश की आवश्यकता नहीं है!
के नये स्टार्टाप बोनस के साथ कोई
भी जोखिम और जमा के बिना
व्यापार शुरू करें
बोनस 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Page 54 of 54 FirstFirst ... 4 44 52 53 54
Results 531 to 537 of 537

Thread: Gdmfx

  1. #531
    Member GDMFX is on a distinguished road GDMFX's Avatar
    Join Date
    May 2015
    Posts
    484
    Accumulated bonus
    56.50 USD
    Thanks
    2
    Thanked 37 Times in 36 Posts
    FOREX NEWS: EURO STALLS, POUND GAINS MOMENTUM. WEF MEETINGS IN THE SPOTLIGHT

    EUR/USD

    Forex News: The pair remained inside the range for the entire yesterday’s trading session, mostly due to the lack of any fundamental developments or economic data releases. Trading was choppy and without important advances to either side.



    Technical Outlook

    The balance of power doesn’t favour either side as long as price remains confined inside the channel created by 1.2195 support and 1.2280 resistance. Usually when a horizontal channel is broken, price continues to move in the direction of the break for an extended period of time and because an uptrend is in place, we favour a bullish break, followed by upside movement. Today’s price action will likely be influenced by the WEF Meetings, so caution is advised.

    Fundamental Outlook

    The German ZEW Economic Sentiment will be released today at 10:00 am GMT, showing the opinions of about 300 German investors and professional analysts about a 6-month outlook for the German economy. The survey acts as a leading indicator of economic health but the impact is not always notable; nonetheless, numbers above the expected 17.8 can strengthen the Euro. Also, today is the first day of the World Economic Forum Annual Meetings held in Davos.


    GBP/USD

    The bias was mostly bullish yesterday and the Pound bulls made notable advances, breaking the previous top at 1.3942.



    Technical Outlook

    The break of 1.3942 marks the resumption of the uptrend and indicates that higher prices will probably follow. The next major hurdle is the psychological resistance at 1.4000, which is a big, round number that will very likely generate a bounce lower if it’s touched. It must be noted that the Relative Strength Index is again close to overbought and this increases the chances of a move lower.

    Fundamental Outlook

    The Pound will not be affected by major economic data today but United Kingdom representatives will attend the WEF Meetings and this may be a reason for increased volatility.

    Need help? Click here to talk to our customer support
    Site: Visit Our Official Site
    Page: facebook.com/GDMFXcom
    Email: customersupport@gdmfx.com

  2. Bitcoin
  3. #532
    Member GDMFX is on a distinguished road GDMFX's Avatar
    Join Date
    May 2015
    Posts
    484
    Accumulated bonus
    56.50 USD
    Thanks
    2
    Thanked 37 Times in 36 Posts
    FOREX NEWS: US DOLLAR TAKES ANOTHER BEATING. HIGHER PRICES TO FOLLOW?

    EUR/USD


    Forex News: The pair remained in a tight range for most of yesterday’s trading session but later in the afternoon bullish pressure increased and we saw a break of the horizontal channel. However, it remains to be seen whether this break is true or not.



    Technical Outlook

    The move outside the horizontal channel created by 1.2195 support and 1.2280 resistance cannot be considered a true break at least at the time of writing. If it will turn out to be a clear break, then 1.2280 will become support and the next target will become 1.2350 followed by 1.2400. A more important resistance is located at 1.2570 but that’s a distance too big to be travelled over the course of one day.

    Fundamental Outlook

    We have a slow day ahead, with some Eurozone data making the headlines: at 9:00 am GMT the European Manufacturing and Services PMIs will be released, showing the opinions of purchasing managers about business conditions in the respective sector. The surveys act as leading indicators of optimism and economic health but the impact is often overlooked by market participants if the actual reading doesn’t differ a lot from expectations. The forecast for the Manufacturing PMI is 60.4 and for the Services PMI is 56.5.

    GBP/USD

    The US Dollar remained under pressure yesterday and allowed the Pound to take the pair into 1.4000 territory. The move was mostly technical but the USD weakness played an important role.



    Technical Outlook

    At the time of writing the pair is hovering near 1.4000, which is a major psychological level that may trigger a bounce lower. The overall bias is clearly bullish and the pair is in an uptrend so all moves south should be treated as retracements as long as price remains above the 50 EMA. The first target for the day is 1.4050 if 1.4000 turns into support.

    Fundamental Outlook

    Today’s highlight for the Pound will be the Average Earnings Index, scheduled for release at 9:30 am GMT. The index shows changes in the wages paid by employers for labor and acts as a leading indicator of inflation because when businesses increase the price they pay for work, they usually increase the price of their products. The expected change is 2.5%, same as previous and higher numbers usually strengthen the Pound.


    Need help? Click here to talk to our customer support
    Site: Visit Our Official Site
    Page: facebook.com/GDMFXcom
    Email: customersupport@gdmfx.com

  4. #533
    Member GDMFX is on a distinguished road GDMFX's Avatar
    Join Date
    May 2015
    Posts
    484
    Accumulated bonus
    56.50 USD
    Thanks
    2
    Thanked 37 Times in 36 Posts
    FOREX NEWS: BREXIT IN THE LIMELIGHT ONCE AGAIN. POUND AND EURO POST MASSIVE GAINS

    EUR/USD


    Forex News: Yesterday the US Dollar remained under heavy selling pressure for the entire trading session and the pair made huge advances, reaching the resistance zone around 1.2400.



    Technical Outlook

    Part of yesterday’s move was triggered by new hints that the United Kingdom – European Union divorce will be smooth, so both the Euro and the Pound strengthened against the US Dollar. The pair is now sitting at a big round number (1.2400) which acts as resistance and this calls for a retracement. Some of yesterday’s buyers are likely to close out their positions due to profit taking and this normally generates a move lower. The overall bias is clearly bullish so after the pullback, we expect higher prices.

    Fundamental Outlook

    All eyes will be on the Euro today for the ECB Interest Rate announcement scheduled at 12:45 pm GMT and followed shortly after by Mario Draghi’s press conference (1:30 pm GMT). The rate is not expected to change (currently 0.00%) but if the ECB President will hint towards changes to the QE program, then the Euro is likely to show strong volatility.


    GBP/USD

    Positive British jobs data combined with hopes of a smooth Brexit were the main ingredients for yesterday’s huge rally that took the price above 1.4200. The pair is now prone to a move lower.



    Technical Outlook

    The pair is massively overextended and once the bullish momentum dims down we expect to see a pullback based on profit taking. The Relative Strength Index and Stochastic are both above their respective overbought levels, thus supporting a bounce lower. Of course, the main bias is clearly bullish so we will most likely see higher prices after the retracement.

    Fundamental Outlook

    The United Kingdom didn’t schedule major data releases for today so the technical aspect will decide the pair’s direction.

    Need help? Click here to talk to our customer support
    Site: Visit Our Official Site
    Page: facebook.com/GDMFXcom
    Email: customersupport@gdmfx.com

  5. #534
    Member GDMFX is on a distinguished road GDMFX's Avatar
    Join Date
    May 2015
    Posts
    484
    Accumulated bonus
    56.50 USD
    Thanks
    2
    Thanked 37 Times in 36 Posts
    FOREX NEWS: BALANCE TILTS TOWARDS THE SHORT SIDE AS PULLBACKS CONTINUE

    EUR/USD


    Forex News: Friday the Advance version of the US Gross Domestic Product showed a very disappointing figure of just 2.6%, compared to the expected 3.0% but the previous value was revised better. All this generated a mixed trading session, with choppy movement.



    Technical Outlook

    Bullish momentum shows signs of slowing down but the pair is facing support at 1.2400. This level will probably generate a bounce higher but we don’t expect to see a move above last week’s high located at 1.2540. On the other hand, a break of 1.2400 will send the pair into the 50 EMA but the oscillators lack momentum and the fundamental scene will be mostly quiet today, which are factors that may contribute to a low volatility session.

    Fundamental Outlook

    The day lacks any notable economic data releases for both currencies, so we expect slow or possibly ranging price action.

    GBP/USD

    Price made another attempt to climb into 1.4300 resistance but returned lower later during Friday’s trading session. This may mark the beginning of a ranging period.



    Technical Outlook

    After the huge climb started at 1.3450, the pair is finally showing signs of slowing down as seen by Friday’s failed attempt to move into 1.4300 and the consequent drop below 1.4200. Today we will most likely see a drop into 1.4100 and possibly into the 50 EMA but the overall outlook is clearly bullish so the current move should be treated as a retracement, not a reversal.

    Fundamental Outlook

    Similar to the other two currencies, the Pound will not be affected by economic data today, so the technical aspect will decide the pair’s behavior.

    Need help? Click here to talk to our customer support
    Site: Visit Our Official Site
    Page: facebook.com/GDMFXcom
    Email: customersupport@gdmfx.com

  6. #535
    Member GDMFX is on a distinguished road GDMFX's Avatar
    Join Date
    May 2015
    Posts
    484
    Accumulated bonus
    56.50 USD
    Thanks
    2
    Thanked 37 Times in 36 Posts
    FOREX NEWS: PULLBACKS REACH KEY SUPPORT. ANOTHER RALLY IN THE MAKING?

    EUR/USD


    Forex News: The sellers were in control for the most part of yesterday’s trading session, mostly due to technical reasons because the fundamental scene was calm and without any notable releases.




    Technical Outlook

    Price is currently retracing from highs and approaching the 50 period Exponential Moving Average. As long as it remains above the 50 EMA, the move is considered a normal pullback after an extended period of upside movement but a break of the mentioned support will possibly trigger a stronger move south. However, the uptrend is still in place as long as 1.2200 remains support.

    Fundamental Outlook

    The first event of the day will be the release of the German Preliminary Consumer Price Index, which is the main gauge of inflation and because the German economy is one of the most important in the Eurozone, the impact of the CPI is usually high. The time of release is 1:00 pm GMT, the expected change is -0.5% (previous 0.6%) and higher values usually strengthen the Euro.

    At 3:00 pm GMT the US Consumer Confidence survey will come out, showing the opinions of about 5,000 households about overall economic conditions in the United States. A higher than anticipated value suggests that consumer spending will increase in the near future and this in turn strengthens the US Dollar. The forecast is 123.2 but the impact is usually medium, not high.

    GBP/USD

    The US Dollar showed signs of recovery yesterday, so the session belonged mostly to the sellers, who managed to break the previous support at 1.4100.




    Technical Outlook

    The break of 1.4100 is an important victory for the bears but now they are facing a more important support represented by the 50 period Exponential Moving Average. A break of this barrier will take the pair into 1.4000, which is a key level, both from a technical standpoint, as well as psychological. Our outlook remains bearish for the short term but the pair is still in a clear and strong uptrend.

    Fundamental Outlook

    Today at 3:30 pm GMT, Bank of England Governor Mark Carney will testify before the House of Lords Economic Affairs Committee. This speech has the potential to move the Pound strongly, so we recommend caution if trading at the time.

    Need help? Click here to talk to our customer support
    Site: Visit Our Official Site
    Page: facebook.com/GDMFXcom
    Email: customersupport@gdmfx.com

  7. #536
    Member GDMFX is on a distinguished road GDMFX's Avatar
    Join Date
    May 2015
    Posts
    484
    Accumulated bonus
    56.50 USD
    Thanks
    2
    Thanked 37 Times in 36 Posts
    FOREX NEWS: BUYERS STEP BACK IN, AHEAD OF KEY EUROZONE INFLATION DATA AND FED INTEREST RATE

    EUR/USD


    Forex News: Yesterday the bulls came back into the market, taking the pair above 1.2400 after a bounce at the 50 EMA. The US Consumer Confidence survey came out above expectations but the US Dollar remained mostly unaffected.



    Technical Outlook

    The pair has already bounced twice at the 50 period EMA and broke 1.2400 to the upside. These are clear bullish signs that suggest we will see higher prices in the near future. The first notable zone of interest is located around the previous top at 1.2540 but it’s also likely to see ranging price movement until later in the afternoon when the FOMC Statement is released.

    Fundamental Outlook

    We have an important day ahead for both the Euro and the US Dollar: at 10:00 am GMT the European Flash Estimate Consumer Price Index comes out, showing the state of inflation across the Eurozone. The indicator has a strong impact on the currency, with higher numbers strengthening it; today’s forecast is a change of 1.3% compared to the previous 1.4%.

    Later in the day, at 7:00 pm GMT the Fed will release the FOMC Statement, which contains the outcome of the rate vote (no change expected from the current <1.50%) but also details about the reasons that determined the vote. If we will get some hints about future rate increases, the US Dollar will likely move strongly, otherwise the impact will be limited.


    GBP/USD

    Yesterday the bearish retracement found support at the key 1.4000 level and bounced higher for more than 100 pips. The testimony of BOE Governor Carney went mostly unnoticed.




    Technical Outlook

    The pair is capped by a bearish trend line seen on the chart above and at the time of writing, this line is not broken. If price returns below the line and below 1.4100, we will most likely see another touch of the 50 period EMA and possibly 1.4000. A successful break of the trend line will make 1.4200 the first target of the day but a lot will depend on the US data.

    Fundamental Outlook

    The economic calendar doesn’t hold any important releases for the Pound today so the US events will be the main market driver.

    Need help? Click here to talk to our customer support
    Site: Visit Our Official Site
    Page: facebook.com/GDMFXcom
    Email: customersupport@gdmfx.com

  8. Options
  9. #537
    Member GDMFX is on a distinguished road GDMFX's Avatar
    Join Date
    May 2015
    Posts
    484
    Accumulated bonus
    56.50 USD
    Thanks
    2
    Thanked 37 Times in 36 Posts
    FOREX NEWS: FED SEES ‘GRADUAL INCREASES’, US DOLLAR RESPONDS POSITIVELY

    EUR/USD


    Forex News: The pair traded above 1.2400 for most of yesterday’s trading session but the US Dollar showed some signs of strength at the time of the FOMC release. The Fed kept the rate unchanged but mentioned that gradual increases will be performed as the economy requests it.




    Technical Outlook

    The bias remains bullish as long as price is above the 50 period but it is now clear that the upside momentum is fading. This means that we will probably see a drop through the 50 EMA and closer to the support around 1.2300 – 1.2280. A bounce at the current support (1.2400) would invalidate such a scenario and will make 1.2540 the next destination.

    Fundamental Outlook

    Action slows down a bit today and the US Manufacturing PMI will be the only notable release. Scheduled at 3:00 pm GMT, this survey shows the opinions of purchasing managers about economic and business conditions in the Manufacturing sector. It acts as an indicator of optimism that has a medium impact on the currency; higher numbers than the forecast 58.7 are beneficial for the US Dollar.

    GBP/USD

    Price action was choppy throughout yesterday’s trading session but with a bullish bias and the pair broke the bearish trend line, moving into the target at 1.4200 before dropping lower.




    Technical Outlook

    The move lower generated by the FOMC Statement is likely to extend into the support at 1.4100 and possibly into the 50 period EMA. However, we don’t expect a break of these two barriers unless surprises occur. The overall trend is clearly bullish, so we favor the long side after a bounce at one of the mentioned support barriers.

    Fundamental Outlook

    Similar to the US Dollar, the Pound will be affected today by manufacturing data in the form of the Purchasing Managers’ Index. The survey is scheduled for release at 9:30 am GMT and the expected reading is 56.5; the impact is medium-to-low and higher numbers strengthen the currency.

    Need help? Click here to talk to our customer support
    Site: Visit Our Official Site
    Page: facebook.com/GDMFXcom
    Email: customersupport@gdmfx.com

+ Reply to Thread
Page 54 of 54 FirstFirst ... 4 44 52 53 54

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts