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  • MartinWilliams
    replied
    Daily News: a big day for Central Banks

    More at: https://fbs.com/analytics/news/daily-news-a-big-day-for-central-banks-2892?utm_source=forum&utm_medium=affiliate&utm_cam paign=EN_English&utm_content=SebastianAnalyticsSig nalsFX

    20.06.2018

    A day will be full of speeches of central banksí Kings! Mr. Lowe, the Governor of the Reserve Bank of Australia, Mr. Draghi, the President of the European Central Bank, Mr. Kuroda, the Governor of the Bank of Japan, and Mr. Powell, the Chairman of the Federal Reserve will participate in a panel discussion at the European Central Bank Forum on Central Banking, in Portugal (16:30 MT time). Letís see what new they are ready to present.



    Author of the picture: Alexandros Michailidis / Shutterstock.com

    On Tuesday, the US dollar index managed to close above the psychological level at $95, as a result, it is going up today. Today traders will look at current account (15:30 MT time) and existing home sales (17:00 MT time) data. The forecast is mixed, so if the actual data are greater than anticipated, the index will go higher. Moreover, Mr. Powell will give a speech at 16:30 MT time. If he sounds optimistic, the USD will appreciate more. The resistance is at $95.40.



    Some threats for the Chinese yuan. According to the Wall Street Journal, ďIf the U.S. goes ahead with tariffs, China would need to consider some of the more aggressive options. Letting the yuan weaken becomes something that logically the Chinese would consider.Ē Letís have a look at the chart. USD/CNH is growing since June 14 when Mr. Trump announced additional tariffs on Chines goods. The pair is trading at highs of January 2018. If Mr. Trump imposes new tariffs he announced just yesterday, the pair will move even higher.



    The oil market is trying to recover. Today crude oil inventories data will be released at 17:30 MT time. The forecast is not encouraging for oil as the decline in a number of barrels will be less than last week. However, the data from the private survey of the US Energy Information Administration showed a bigger decline than anticipated. As a result, up to now, Brent and WTI are going up. If the official data shows a greater decline as well, the further rise is anticipated. However, if the decline is less than anticipated or even there is a surplus, both oil benchmarks will go down.

    WTI is above the pivot point at $65.25, however, 100-day MA is weighing on it. If data is encouraging for the oil market, WTI will move to the resistance at $66.20. Otherwise, it will go down to $63.30.



    Brent is moving up as well. The oil benchmark tested the resistance at $75.70. However, 50-day MA is putting pressure on it. If data is encouraging, Brent will be able to break the resistance, otherwise, it will return to the support at $74.35.



    Oil is rising, as a result, USD/CAD doesnít have enough strength to rise. The pair couldnít break the resistance at 1.33. The further movement will depend on the strengthening dollar and oil data. If they are not encouraging for the Canadian dollar, the pair will be able to break the resistance and move further to 1.3380. Otherwise, the pair will turn around and will move to 1.3120.



    No significant changes in directions of other currencies.

    That is all for today. Follow marketsí news with us!

    Leave a comment:


  • MartinWilliams
    replied
    MOMENTUM FOREX STRATEGY ⏳


    With this trading Strategy you will learn how to use the momentum indicator which is classified as an oscillator. It helps you to identify the strength of price movement and to assess the extent of price fluctuations for a certain period as well as determine critical conditions that can be used for the position opening. Read this article to find out how to apply it as your new trend trading system

    https://fbs.com/analytics/tips/momen...ategySignalsFX

    ---------------------
    #FBS #ForexStrategy #Trading #Forex

    Leave a comment:


  • MartinWilliams
    replied
    European equities go down on trade tensions


    18.06.2018

    On Monday, European equities kept diving for a second day because concerns over a trade conflict between the United States and China kept market participants on the edge. Meanwhile, cable manufacturer Nexans slumped following a revenue warning.

    The STOXX 600 index dived 0.6% after Donald Trump powered trade tensions by proceeding with his tough tariff stance on Chinaís imports, giving the Chinese government grounds to instantly respond.

    Germany's DAX sank by 0.8%, suppressed by concerns that a downtime over migration policy could have Merkel's three-month-old coalition government destabilized.

    Other suppressing factors for the German index were represented by software maker SAP, sportswear maker Adidas and industrial group Siemens Ė all of them declined 1%-1.9%.

    France's Nexans went down 18.2%, while its Italian outcome headed south 2.2%.

    French gas and power group Engie headed south by 2.2% having told unscheduled outages at its Belgian nuclear reactors are going to have an impact of nearly 250 million euros on its net and core revenue this year.

    In general, deal-making activity powered stock moves.

    Norwegian Air Shuttle ascended 8.5% after Lufthansa told it was cooperating with the Norwegian carrier as for a probable combination.

    Norwegian drew attention of British Airways owner IAG. As a result, IAG managed to ascend 1.1%, while Lufthansa equities went down 0.1%.

    In addition to this, mid-sized financial institution Virgin Money jumped by 2.5% after CYBG approved a 1.7 billion-pound deal to buy its counterpart, thus creating the UKís sixth-largest financial institution. Meanwhile, CYBG managed to gain 0.1%, Virgin Money pared profits, being nearly intact.

    Aerospace supplier Cobham tacked on by 5.5% following an upgrade to overweight. The upgrade was carried out by Morgan Stanley. Market analysts point out that the companyís current managers have managed to stabilize performance. All the necessary measures have been taken to ensure operational delivery.




    Leave a comment:


  • MartinWilliams
    replied
    China demonstrates signs of slowing economic surge

    Follow this: https://fbs.com/analytics/news/china...yticsSignalsFX

    14.06.2018

    China's major financial institution has been heavily distracted by the immediate soar in borrowing costs after the American Federal Reserve System, while Chinese economic data for May disclosed that the economy of the leading Asian country is losing momentum.

    In May, in this Asian country industrial output tacked on by up to 6.8% in contrast with 2017, as the National Bureau of Statistics revealed. It turned out to be lower than the previous reading of 7% as well as expertsí estimate of 6.9%.

    Additionally, the bureau informed that in May retail sales went up by only 8.5%, although market experts had hoped for a 9.6% leap after a soar of 9.4% in April.

    Investments in fixed assets rallied by 6.1% in May in contrast with the same period of 2017, which is also lower than the estimate of market experts as well as the previous reading of 7%. Evidently, it appeared to be the slowest surge since 1999.

    In May, the unemployment rate in urban areas went down to about 4.8% versus Aprilís reading of 4.9%.

    With a steep slowdown in lending surge as well as the threat of an escalating trade dispute with America, Chinaís enterprises are coming across increasingly quite prospects. The countryís major bank made an attempt to back surge by ramping up liquidity and although it can still lift the Fed's rate for market experts, the very fact that it didnít do so right now is interpreted as an indication of concern about the Chinese economy.

    The data is 100% confirmed by a slowdown in industry as well as retail trade in May that points to a slowdown in GDP for the second quarter.

    Chinaís attempting to provide liquidity for the purpose of mitigating any economic downturn and assisting lenders in meeting their repayment obligations.



    Leave a comment:


  • MartinWilliams
    replied
    ECB meeting is key for the EUR

    Follow at: https://fbs.com/analytics/news/ecb-meeting-is-key-for-the-eur-2846?utm_source=forum&utm_medium=affiliate&utm_cam paign=EN_English&utm_content=SebastianAnalyticsSig nalsFX

    13.06.2018

    The euro is under pressure. Its fall continues since the middle of April. EUR/USD reached the lowest levels since November 2017. A strong plunge of the single currency is caused by the weak economic data. The European economy suffers because of political problems in Italy, the Brexit deal, and trade wars.

    The European Central Bank will release the interest rate at 14:45 MT time on June 14. At 15:30 MT time, the central bank will hold a press conference.

    The ECB has been keeping the interest rate on hold since March 2016. Investors donít expect the interest rate to be changed as the central bank hasnít ended the quantitative easing yet. At the previous meeting, the ECB stated that ďmembers broadly agreed that an ample degree of monetary policy accommodation remained necessary to accompany the economic expansion and secure the gradual convergence of inflation to levels below, but close to, 2%. The remaining uncertainties and the still muted underlying inflation pressures continued to justify caution and underlined the need to maintain patience, persistence, and prudence with regard to monetary policyĒ. It puts additional pressure on the euro.

    If the central bank stays cautious this time as well, the euro wonít have chances to recover.

    ē Dovish ECB Ė weak euro;

    ē Hawkish ECB Ė strong euro.

    Leave a comment:


  • MartinWilliams
    replied
    Forex today: movements are mild

    More at: https://fbs.com/analytics/news/forex...yticsSignalsFX

    12.06.2018

    It happened! US President Donald Trump met with the North Koreaís leader Kim Jong-un. According to an announcement of Mr. Trump, countries came to an agreement and a process of denuclearization will start very soon.
    The US dollar index canít rebound from the psychological level of $93.50. The index tried to reach the resistance at $94, however, it couldnít and returned to $93.50. Today traders will look at economic data. Inflation figures will be out at 15:30 MT time. If the actual data are greater than the forecast ones, the US dollar index will go up again. Otherwise, a fall below $93.50 is anticipated.
    The euro canít break the resistance at 1.18 for several days. No significant economic data are released on Tuesday. The movement of EUR/USD will depend on the strength of the US dollar. If the US dollar increases after the release of the economic data, EUR/USD will not be able to close above 1.18. Otherwise, the pair has chances to break above 1.18.



    Economic data were neutral for the pound.



    GBP/USD is testing the resistance at 1.34 (the pivot point). No more significant economic data will be released today, as a result, there are risks of the poundís fall. The support is at 1.33. The resistance is at 1.35. GBP/USD is anticipated to trade near 1.34.



    USD/JPY tested the significant resistance at 110.20 (200-day MA and 50-week MA). Trade and geopolitical tensions are mild, as a result, the yen is weak. The greenback needs to strengthen to pull the pair above the resistance. Otherwise, the pair will trade within 109.70-110.20.



    Oil managed to rise, however, it doesnít support the Canadian dollar. USD/CAD is rising. However, the pair is still within 1.2950-1.3040. The further movement will depend on the US dollar. If itís strong, the pair will be able to reach the resistance at 1.3040. Otherwise, the pair will go to the support at 1.2950.



    No changes in directions of other currencies.

    That is all for today.

    Leave a comment:


  • MartinWilliams
    replied
    FBS Video Lessons

    This video Tutorial is about Metatrader 4.
    Technical indicators in MT4
    The MT4 platform offers a wide range of indicators that simplify market analysis.
    Indicators save your time and visualize important things about the price chart.
    Learn the basic steps with MT4 to start trading successfully.

    https://fbs.com/analytics/videolesso...ssonsSignalsFX


    Do not forget to chose your language from the video's subtitles
    --------------------------
    #FBS #ForexTrading #Forex

    Leave a comment:


  • MartinWilliams
    replied
    Technical Indicators

    Trend indicators are designed to identify and follow the trend of a currency pair.

    In this article we will talk about Bollinger Bands, a common strategy for you.
    Bollinger bands represent another useful tool for trend determination. Itís no brainer that if prices decide to trend, they donít move in a straight line, but deviate to the sides. Bollinger bands are designed to keep track the priceís deviation.
    Read this article and learn more


    https://fbs.com/analytics/guidebooks...ingerSignalsFX
    --------------------
    #FBS #Bollinger #TechnicalAnalysis

    Leave a comment:


  • MartinWilliams
    replied
    FBS Video Services

    This video Tutorial is about FBS Analytics and Education
    This section is for those who donít want to stop on what has already been achieved. Itís for those who want to be better informed about whatís going on at the Forex market in order to seize as many profit opportunities as possible.

    Choose the best one for you! here

    https://fbs.com/analytics/videolesso...vicesSignalsFX

    --------------------------
    #FBS #Forex #Services

    Leave a comment:


  • MartinWilliams
    replied
    Forex today: the USD continues to plunge

    More at: https://fbs.com/analytics/news/forex-today-the-usd-continues-to-plunge-2804?utm_source=forum&utm_medium=affiliate&utm_cam paign=EN_English&utm_content=SebastianAnalyticsSig nalsFX

    06.06.2018

    The US dollar index is lower and lower. It is trading near $93.65. Forecasts for todayís economic data arenít encouraging. If the actual data are greater than the forecast, the US dollar will have chances to find a foothold. Otherwise, the index will fall to the support at $93.50.



    Finally, the euro strongly rebounded from the support at 1.1650. Up to now, EUR/USD is trading above the resistance at 1.1750. No important economic data will be released today, so the euro can rely only on the weak greenback. 50-day MA is near to cross the 200-day MA upside down. Itís a warning signal for the trading. There is a risk of the fall, however, until MAs will be crossed, the trading will be bullish.

    The euro is highly volatile as the European Central Bank keeps the quantitative easing program. However, positive news for the euro may come on June 14 when the ECB will hold a press conference. European Central Bank policy makers anticipate holding a pivotal discussion at their meeting next week that could conclude with a public announcement on when they intend to cease asset purchases. Moreover, the ECB is anticipated to debate whether to gradually unwind bond purchases. The head of Germanyís central bank, Jens Weidmann, said market expectations for an end to bond-buying by end-2018 were plausible.



    The Japanese yen continues to depreciate against the US dollar. USD/JPY rebounded from the support at 109.70. Up to now, the pair is trading near the 200-day MA (110.20) that is a strong resistance for the pair. If the US dollar index continues to fall, the pair wonít be able to break the resistance, otherwise, the pair will move further to 110.85.



    The Australian dollar is rising again because of encouraging economic data. GDP growth was greater than expected (1.0% vs 0.9%). As a result, AUD/USD rebounded from the support at 0.7610 and tested resistances at 0.7640 and 0.7660. On the weekly chart, 100-week MA at 0.7640 doesnít let the pair stick above it. No more significant data will be released today. However, tomorrow traders will take into consideration trade balance data (4:30 MT time). The forecast is weaker than the previous data, so the AUD/USD pair has risks to return to 0.76 (50-day MA is a strong support). If the data is greater than the forecast, the aussie will have chances to gain a foothold above 0.7660.



    Oil is going up. Brent is trading near $75.90, WTI is at $65.60. Today investors will look at crude oil inventories data at 17:30 MT time. The forecast shows a decline of inventories, however, the decline is less than the previous data. If the actual one shows a surplus or less deficit than the forecast, both oil benchmarks will decline.

    Brent: support lies at $74.60 (50-day MA and the trendline), resistance is at $76.65.



    WTI: support is at $65.20 (100-day MA), the resistance is at $66.30 (the trendline).



    That is all for today.

    Leave a comment:


  • MartinWilliams
    replied
    Forex today: no significant movements

    05.06.2018

    Keep reading: https://fbs.com/analytics/news/forex...yticsSignalsFX

    On Monday, the US dollar index tested lows near $93.60. Tuesdayís trading isnít extensive, but the index is at $94. ISM non-manufacturing PMI (17:00 MT time) should support the greenback. The forecast is positive, if the actual data is greater, the greenback will rise.
    The euroís trading isnít extensive. Traders are looking at European economic data. The data are mixed, as a result, EUR/USD doesnít show an accurate direction. The pair is trading near 1.17. More economic data will be released during the day. The further movement will depend on them. The euro is anticipated to trade within 1.1650-1.1750.

    Leave a comment:


  • MartinWilliams
    replied
    Forex today: the USD is falling again

    More: https://fbs.com/analytics/news/forex...yticsSignalsFX

    04.06.2018

    The US dollar index is falling again. It has tested levels below $94. No important data will be released today. The support lies at $93.70.
    The EU economic data arenít encouraging today. However, the euro managed to rise because of the US dollarís weakness. EUR/USD rebounded from the support at 1.1650. Up to now, the pair is moving to the resistance at 1.1750 (100-hour MA). The further fall of the greenback will let the pair close above the resistance. Otherwise, the pair will trade within 1.1650-1.1750. Tomorrow a lot of economic data will be released. If they are encouraging, the euro will have chances to continue the upward movement.

    Leave a comment:


  • MartinWilliams
    replied
    Forex today: appreciation against the USD

    More info: https://fbs.com/analytics/news/forex...yticsSignalsFX

    31.05.2018

    The US dollar index strongly fell on Wednesday because of weak economic data. Prelim GDP growth was weaker than the forecast one by 1 percentage point (2.2% vs 2.3%). ADP nonfarm employment change was weaker as well (178K vs 191K). Up to now, the US dollar index is below $93.90. The support lies at $93.50. A lot of economic data will be released today. If actual data are greater than the forecast ones, the US dollar will be able to recover.

    Leave a comment:


  • MartinWilliams
    replied
    Forex today: the greenback is climbing down

    30.05.2018

    Something you should definitely know. George Soros warns about another financial crisis. According to the legendary billionaire, rising anti-European Union sentiment, the disruption to the Iran deal, a soaring dollar and investors taking money out of emerging markets are adding up to bad news for the global economy.

    The US dollar index couldnít break the resistance at $95, so it rebounded. The index is below $94.50. The support lies at $94.30. Today traders will pay attention to nonfarm employment change (15:15 MT time) and prelim GDP (15:30 MT time). The forecast isnít encouraging, however, if the actual data are greater, the greenback will be able to rebound.



    Continue at: https://fbs.com/analytics/news/forex...yticsSignalsFX

    Leave a comment:


  • MartinWilliams
    replied
    Forex today: lots of tensions

    29.05.2018
    • The US dollar index is above $94.50. Today traders will pay attention to consumer confidence data (17:00 MT time). The forecast is weaker than the previous data. However, if the actual one will be greater than the forecast, the US dollar will be able to rise further. The resistance is at $95.
    • The euro is continuing to fall on Italian uncertainties. New election, forming of a ďneutralĒ government, a possibility of impeachment of Italian president are still in the arena. Moreover, todayís economic data werenít highly encouraging. Money supply data was at the same level of 3.9% as expected, private loans fell (2.9% vs 3.2%).

    EUR/USD broke the support at 1.1580 and moving further. The next aim of bears is 1.1520.







    Continue at FBS site

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