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Showing posts with label Analysis. Show all posts
Showing posts with label Analysis. Show all posts

Kick For Online Forex Trading

All people can transact forex (foreign exchange) on the internet. No need big capital. Not bound to working time. Can be done at home with coffee. Benefits can be folded.

However, if not careful, in fact achieved a profit instead of loss. You certainly can not seradak-seruduk origin in the use of your money. You need a strategy, or say-stance stance in playing forex.

Control 

You must have an appropriate strategy, ranging from money management, risk management, and also playing strategy for efficient and profitable forex

Unbiased
Forex Transaction is closely associated with emotion. You must be clever-clever managing emotions, whether it is the courage and fear, be patient, and so forth

Analyze

You must do the analysis, both fundamental and technical, before forex. No need to analyze complex, with a simple analysis you can profit.

Nimble

A profit or loss in forex is very determined to play by the timing. You must know the entry and exit when the foreign exchange market.

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EUR / USD
----------------

Pair weakened to 1.225 last week, then tersupport and moved up again to 1.237 at the weekend. Range predicted earlier in the week today at the level of 1.233 to 1.246. If 1.246 pierced, then the target of EUR / USD was at 1.252 and 1.267. 1.288 level will be a door to go to the range of 1.3 but it seems to still not be achieved within this week. Instead, through 1.233 will lead pair to 1.225 or even 1.215. Level 1.2 will also become a very important support. The weakening USD and an uncertain European developments seem to be making moves ranging pair early in the week.

GBP / USD
----------------

GBP / USD rose sharply to 1.505 after the beginning of last week fell significantly to 1.478. GBP / USD earlier this week showed the potential for a bullish, if successfully shunned 1.505, then 1.513 will be the next target. Level of 1.553 and 1.583 will be the next target. Conversely, the level of support below is in the range 1.478 1.461 and 1.45. If penetrated, then 1.44 and the lowest level this year at 1.422 would be the next target. UK inflation problems and also potential GDP revised down an opportunity to make GBP weakened.

AUD / USD
----------------

Early last week, the pair opened higher, but the pair moved down in the middle of the week and back up again. Beginning this week, the pair opened still in the range of movement last week. 0.88 level will still be acting as resistance, if pierced, the pair likely rise to 0.9. Conversely, the down side, there is support at the level of 0.874 and 0.836. AUD this week predicted would get support from the strengthening of the yuan and also started a political revival in Australia.

USD / CAD
----------------

Pairs tend to be higher during trading last week, USD / CAD finally closed in the range of 1.035. 1.04 resistance level will be at the top, followed by 1.056 and 1.075. If the pair get momentum to rise above the 1.075 level of 1.1 will again be a target. Below, there is support at the 1.03 level, followed by 1.02. If you continue to fall, then the USD / CAD chance back below 1.0. Canada's Economy is better than America will continue to provide support for CAD.

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Sterling strengthened against the yen

In trading GBP / JPY European session Friday afternoon (9 / 7) British Pound currency strengthened against the Japanese yen moves and in the range of 134.27. £ forex investors increasingly interested in line with the strengthening of positive sentiment toward the currency, related to the performance expectations of an increase in foreign trade sectors of the UK.



Trade Balance recent data indicators scheduled to be announced by the National Statistics is expected to show an increase performance by decreasing the trade deficit. Indicators Trade Balance expected to be improved to-7.1B (-7.1 billion Pounds Sterling) from the previous value - 7.3B (-7.3 billion Pounds Sterling). Estimation of these pro-Sterling responded by investors on trading GBP / JPY.


Analyst Research Vibiz from Vibiz Consulting suggested that the Sterling currency to trade in this currency pair is expected to still have a potential to strengthen, especially until the data is actually released.

(Http://www.vibiznews.com/mla)


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Eight Banks Facing U.S. Investigation

Eight banks face U.S. government investigations, including the problem of rating mortgage products (mortgage) to them. Andrew Cuomo, an attorney in New York are investigating whether there is a possibility mjanipulasi between banks and credit rating agencies to get a better rating securities. Banks are investigated include Goldman Sachs and Morgan Stanley. One cause of the crisis is due to bad U.S. mortgages.

The lawyer has requested information from the eight banks, as well as the three major rating agencies - Standard & Poor's, Moody's and Fitch Ratings. Other institutions that were investigated by Cuomo is UBS, Citigroup, Credit Suisse, Deutsche Bank, Credit Agricole dams Merrill Lynch - now part of Bank of America. Investigations conducted after the Senate decided to tighten credit rules, which allegedly is one of the main causes of one of the financial crisis that occurred. Senators argued that these agencies have allowed the bank - a bank to sell high-risk financial products to low rating.

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Portugal plans to order a high salary rules and also cut the state budget to reduce a deficit that continues to swell. Pruning is a government effort to combat the national debt that continues to be a burden. German Chancellor Angela Merkel, warned that the EU will increasingly depressed and threatened if the euro slumped due to ongoing debt crisis.

Euro currency continued to fall until it reaches its lowest point during the last 14 months is 1.2517 to the dollar on Thursday. Global markets seem panicked to the uncertainty in Europe. In addition, investors also feared that with an explosion that occurred in Greek prisons and also an indication kriminalisai by nine banks.

Apart from Greece who has now lowered its credit rating, international attention is now focused on Portugal and Spain, which has also lowered its lending rate. Both countries are feared to have a fate similar to Greece. Portugal Prime Minister Jose Socrates announced it would cut salaries of civil servants and ministers. In addition, he also raised taxes about 1% to 21% currently. As one member European Zone, Portugal should keep the rate below 3 per cent deficit. Meanwhile, from Spain, the government is cutting salaries by 5% and are saving up to 50 billion euro budget.

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Chief Executive Officer of Deutsche Bank AG, Josef Ackermann, said that there is the possibility of Greece will not be able to pay its debts as a whole, but it will still be discussed again. Greece should immediately stabilize the country's economic conditions due to the crisis because of these conditions adversely affect the other State. However, Ackermann was not sure of Greece will be able to repay the loan at a specified time. European policy makers announced that there are about $ 1 trillion in loans that have been provided to assist the European countries that were hit by the financial crisis.

According to Ackermann, Greek debt restructuring should be prevented and it must be increasingly pressured to Greece more aggressive in cutting back on spending his country. Ackermann also said that Italy and Spain is still strong enough to sustain their own debt, and the increasingly alarming today is Portugal. German financial companies including Deutsche Bank and Allianz SE will provide funds amounting to 4.8 billion euros to replace the Greek government bond that matures on May 6, 2013 by selling new bonds or invest in other forms. Ackermann said that he did not see any high inflation in the European area during the next two or three years, he just sees a fundamental strength for the euro currency.


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Fx Report Dialy 14 April 2010

EUR / USD

is not much data to move after the European release of industrial output rose 0.9%. Pair still tend to be stable in the range of 1.364 to 1.365. Purchase interest was found waiting in 1.36 and will be a support for the EUR / USD. Interest on sales is also still waiting in between 1.368 to 1.37. 1.36 Option expiry is still
potentially make the pair moves downward.




JPY/USD

JPY continues to decline against major currencies in trading today. Currently JPY dropped to the level of 127.6 vs. EUR, which is the lowest level within 2 days, and dropped to the level of 88.9 vs CHF, which is the lowest level in 8 days. JPY continued to weaken until the level of GBP 144.2 vs. 93.5 and down to the level vs USD.


USD / CAD
usd/cad re-test the lowest point in 2010 in the range of 0.998. The momentum was still falling and if penetrated, then the pair has the potential to continue to fall until the level of 0.994. Option barrier at 0.997 level. Purchase interest did not seem too much and with the momentum of the current strengthening of CAD, possibly buy an existing limit will be penetrated. (Ast)

USD / CHF
USD / CHF which had rebounded to around 1.055 is now back down again to around 1.053. 1.055 apparently indiscriminate selling in large enough and capable of reduce upward momentum. Also reduce the rate of interest in selling the strengthening of the EUR / CHF in the range of 1.439 to 1.44. Both pairs are expected to range when ranging in this, to gain new momentum to move further. (MFT)

GBP / USD
GBP / USD moved down sharply to 1.538 to enter the European session this afternoon. Selling interest has reportedly waiting in 1.55 if the pair turned up. Option barriers reported also in the range of 1.548 to 1.549. A stronger USD early afternoon was triggered by rising levels of risk investors, the result of a revaluation of SGD by the Singapore government. The next target is predicted to exist at the level of 1.435 which is the lowest point of trading yesterday. (Rht)


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Review 13 April 2010


EUR / USD moved down to around 1358 after 1:36 Touching a short time ago. Pair seemed inclined ranging fell sharply after yesterday.



Pairs seemed Inclined ranging Fell sharply after yesterday. Buy stop reportedly waiting in the 1.362 and above 1.365 1.369 target. Buy stop reportedly waiting in the 1362 and 1365 above 1369 targets. Option expiry on the level of 1.36 and 1.35. Option expiry on the level of 1:36 and 1:35. Purchase interest in the range of 1.352 will be support for the EUR / USD. Purchase interest in the range of 1352 will of some support for EUR / USD.


USD / JPY sped up to around 93.3 this afternoon. A proclamation that the Japanese government is recommended to keep the yen at around 120.0 against the U.S. dollar makes pair sped up sharply. A Proclamation That the Japanese government is recommended to keep the yen at around 120.0 against the U.S. makes dollar pair sped up sharply. Resistance currently exist in the levels of 93.3 and 93.6 if pierced then would be targeted next. Resistance currently exist in the levels of 93.3 and 93.6 if pierced then would be targeted next
 
USD / JPY continued depressed throughout the Asian session today. Also negatively making Nikkei Which pair moves further and further down, even Touching 92.5. Also negatively making Nikkei Which pair moves further and further down, even Had touched 92.5. Interest in selling reportedly waiting in 93.2 to 93.3. Interest in selling reportedly waiting in 93.2 to 93.3. 92.5 If pierced, then the next support at 92.1 to 92.0. 92.5 If pierced, then the next support at 92.1 to 92.0.
 
Which Had JPY strengthened to its highest level in 2 weeks time against the USD and the highest in 2 days time against other major currencies, turned down this afternoon. Currently trading at levels 93.2 JPY vs USD, EUR vs 126.8, and 143.1 vs GBP. JPY is currently trading at 93.2 level vs USD, EUR vs 126.8, and 143.1 vs GBP
  
In today's trading bounce back against the USD CHF. Which yesterday closed at CHF 1.0594 level vs USD rises to a level of 1057. Which yesterday closed at EUR vs CHF 1.0594 level rises to a level of 1057. Currently the USD / CHF traded with 1057 values. Currently the USD / CHF traded with 1057 values. If CHF continues to strengthen, pair predicted to touch the 1055 levels. If CHF continues to Strengthen, pair Predicted to touch the 1055 levels

Which Had GBP weakened in early Asian trading session today, again rose against major currencies. GBP levels rose from 142.1 to 142.73 vs JPY and rose up from 1624 to vs CHF 1.6277 level. GBP levels rose from 142.1 to 142.73 versus the JPY and up Until 1624 to vs CHF 1.6277 level.

Also was slightly Stronger GBP against the USD Until the level of 1538 and 0884 vs. the EUR. Currently trading at the level of GBP 142.5 vs JPY, CHF 1628 vs, 1537 vs. 0884 vs. USD and EUR. Currently trading at the level of GBP 142.5 vs JPY, CHF 1628 vs, 1537 vs. Vs. 0884. USD and EUR.

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EUR / USD------------------------------------------------



Last week the EUR / USD moved lower early in the week, but tend to be stronger before the closing last Friday. At the beginning of this week, the pair had a gap up more than 100 points. There was strong resistance in the range of 1.385. If impregnable it will open the door to the 1.4 to 1.42. On the side of the take, there is strong support at the 1.327 level and if penetrated the 1.308 level will be the next target. Movements of EUR / USD this week ...

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Long Term Analysis - 8 April 2010

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EUR/USD : BEARISH. Target 1,327. Resistance 1,341.
USD/JPY : BULLISH. Target retrace 92,8.
GBP/USD : NETRAL. Support 1,513. Resistance 1,538.
USD/CHF : NETRAL. Support 1,068. Resistance 1,075 and 1,081.

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Long Term Analisis 07 April 2010

GBPUSD
Dialy : 1523
R1.1533 R2.1540 R3.1551
S1.1516 S2.1505 R3.1498
Long Term : NETRAL

USDCHF
Dialy: 1067
R1.1070 R2.1078 R3.1084
S1.1062 R2. 1056 R3. 1051
Long Term : BULLISH

EURUSD
Dialy : 1341
R1.1347 R2.1355 R3.1361
S1.1334 S2.1328 S3.1320
Long Term : BEARISH

USDJPY
Dialy : 93.9
R1.94.2 R2.94.7 R3.949
S1.93.4 R2.93.2 R3.92.7
Long Term : BULLISH

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Long Term Analysis - 6 April 2010

EUR/USD : BEARISH. Target 1,339 and 1,327. Resistance 1,359.
USD/JPY : BULLISH. Target 95,1. Support 92,9.
GBP/USD : NETRAL. Support 1,517. Resistance 1,538 and 1,558.
USD/CHF : NETRAL. Support 1,075. Resistance 1,044.

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EUR / USD: Bearish. Resistance 1.359 and 1.372. Support 1.46.
USD / JPY: bullish. Resistance 95.1 and 95.3. Support 93.7.
GBP / USD: NEUTRAL. Resistance 1.538. Support 1.517.
USD / CHF: NEUTRAL. Support 1.044. Resistance 1.075.
AUD / USD: NEUTRAL. Resistance 0.925 and 0.933. Support 0.913.
USD / CAD: Bearish. Target of 1.006 and 0.998. Resistance 1.013.
EUR / CHF: Bearish. Target of 1.415. Resistance 1.441.
EUR / GBP: Bearish. Support 0.875. Resistance 0.89.
EUR / JPY: Bullish. Target resistance is 128.4 and 129.5. 127.2 Support.

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