Technical Analysis.

[jahanzaib1]

The EUR/USD pair has formed the consolidation range around 1.1792 and right now is trading to break it downwards. Possibly, the price may reach the local target at 1.1723 and then form another consolidation range. If later the instrument breaks this range to the upside, the market may start another correction towards 1.1792; if to the downside – continue falling inside the downtrend to reach 1.1700.

[jahanzaib1]

The saying, �Necessity is the mother of invention,� which means difficult situations inspire ingenious solutions, can be fittingly used to describe the outcome of the Central Bank of Nigeria�s decision about two years ago to restrict access to foreign exchange for the importation of 41 items

[jahanzaib1]

Sterling was the only exception, gaining against a swathe of currencies amid relief that Britain and the European Union had struck a deal on Friday that will allow a second phase of talks to begin on the British exit from the EU

[jahanzaib1]

KINGSTON, Jamaica — The US dollar on Friday, December 8, ended trading at J$125.82 up by one cent according to the Bank of Jamaica's daily foreign exchange trading summary.

Meanwhile, the Canadian dollar ended trading at J$98.31 up from J$98.05 while the British pound sterling ended trading at J$168.91 up from J$168.51.

[jahanzaib1]

The dollar is getting a lift from the U.S. tax-reform optimism and expectations of more interest rate increases, but we have to see inflation prints come higher before market expectations start to shift,” said Commerzbank AG currency strategist Thu Lan Nguyen

[jahanzaib1]

As December 5th is put in the record books, and the NZD is the strongest, while the EUR is the weakest. The USD is ending with modest gains against most of the major pairs but is lower vs the NZD and the AUD as commodities (like gold and silver) fell on the day

[jahanzaib1]

What is the most important thing that this chart can tell us? That volatility is at historically low levels, with each major Forex currency pair on average fluctuating by only about 0.60% in value over a typical day. Average volatility usually does not fall significantly lower than this, as a glance at the ten-year chart shows.

[sadaf kamal]

hello my friend
is there any strategy i can take at the first of the forex specially concerning scalping technique ...i hope you send me ..thanks a lot

[jahanzaib1]

Removing one major stumbling block for the dollar on Friday, the U.S. Congress on Thursday passed legislation to temporarily fund the government through Dec. 22, beating a Friday midnight deadline. The bill will be sent to President Donald Trump to sign. U.S. Senate Republicans agreed to talks with the House of Representatives on sweeping tax legislation on Wednesday, amid early signs that lawmakers could bridge their differences and agree on a final bill ahead of a self-imposed Dec. 22 deadline. "The market action this week has mostly been drawing cues from Washington," said Bill Northey, chief investment officer at the private client group of U.S. Bank in Helena, Montana.

[jahanzaib1]

On Wednesday, the ADP Research Institute released private-sector nonfarm payrolls. These are considered by some as a preview of the more comprehensive government nonfarm payrolls which are due on Friday at 1330GMT. The ADP report showed that the private sector added 190,000 positions in the economy in November – slightly above expectations – compared to an eight-month high of 235,000 seen in the previous month.