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  • #16
    8th October, 2014

    Currency Values



    JPY +110 , EUR +90 , CHF +60 , AUD +10 , GBP -20 , CAD -50 , USD -80 , NZD -100
    --------------------------------------------------------------------------------
    Major Currency Analysis, End of day 7th October 2014

    The Japanese ended the day on a high note after a long while , gaining value drastically up from our last calculations . We expect it to remain rather stable throughout the next trading day and causing a price imbalance storm against major currencies such as the British Pound and the US Dollar . The Euro rose up in value during the trading day and was the biggest mover with a larger difference in move from our last calculations . We expect it to remain stable but lose value later during the trading day .


    The US Dollar remained quiet without largely significant change in value . We expect it to remain stable but with slight drops in value during the trading day . The New Zealand Dollar remained choppy and was the lowest valued currency at the end of the trading day , expecting it to drop further in value .

    Trading Plan 8th October

    The first currency pair we will have a close look at is the NZD/USD , expecting buyers to take over past the 0.7848 level making a minimum 20 point move , with the sellers taking hold of the pair past the 0.7808 level , making a minimum 18 pip move on the pair .

    Another pair on our watch is the EUR/NZD , the large imbalance in value is likely to bring in more buyers past the 1.6205 level , moving a minimum 30 point move in price . Sellers likely to enter past the 1.6143 level .

    Other currency pairs to watch

    NZD/JPY

    GBP/NZD

    Comment


    • #17
      9th Oct0ber, 2014

      Currency Values



      NZD +120 , AUD +60 , CAD +50 , CHF +30 , EUR 0 , GBP -10 , JPY -110 , USD -120
      --------------------------------------------------------------------------------
      Major Currency Analysis, End of day 8th October

      A rough trading day it has been with low volatility due to the FOMC Meeting minutes , but gladly it is over so new trading day , better opportunities . The New Zealand Dollar has had a bullish day that has had positive impact on numbers thus ending the day as the highest valued currency and more so after the US Dollar dropped heavily in price . We expect it to have a slight drop in value but maintain its value during the trading day . The Australian Dollar remained relatively calm during the trading day but spiked up highly ending the day the second highest valued currency . We expect it to gain more value but watching out for a drop in it's value.


      The Japanese Yen remained in a value declining state during the trading day and we expect it to further lose value . The US Dollar , the main currency of the day and the biggest mover dropped sharply after the negative FOMC meeting releases and we expect the US Dollar to remain in a low valued state during the trading day as traders cool off after the unexpected announcements .

      Trading Plan 9th October

      The AUD/USD is a favorite we are looking at , expecting to find good trades during the day due to the sharp rise and drop in value of the AUD and USD respectively . Look out for buyers getting in most at the 0.8857 level with a minimum 25 pip move , with sellers loking for domination past the 0.8811 level and a minimum 20 pip move expected.

      The GBP/JPY is another pair we have our eyes on , expecting sellers to , buyers taking over past the 175.04 level , with a minimum 30 pip move expected . Bears likely to have control past the 174.43 level , minimum move of 25 points .

      Other Currencies to watch

      EUR/JPY

      NZD/JPY

      Comment


      • #18
        10th October, 2014

        Currency Values



        JPY +120 , USD +120 , GBP +50 , EUR +30 , CHF +10 , CAD -90 , NZD -110 , AUD -120
        --------------------------------------------------------------------------------
        Major Currency Analysis, End of day 9th October

        The US Dollar picked up immensely to gain value and becoming the biggest mover of the day , ending with the highest value . The Japanese Yen made a great gain also and rests at the same level with the dollar but expecting great volatility in pairs that consist of the Japanese Yen currency .


        With the great US Dollar gain followed a heavy drop in value of the New Zealand Dollar , ending the day a second place lowest valued currency. The Australian Dollar was also a heavy mover during the day and we are also expecting increased volatility and be on the look for trades on pairs with the Aussie Dollar currency .

        Trading Plan 10th October

        Looking to take advantage of the NZD/USD , expecting buyers to kick in most past the 0.7881 level with sellers building up strength past the 0.7835 level . Volatility expectations are likely to give us a minimum 21 pip move from either levels up or down .

        The GBP/NZD is also on our watch expecting much volatility due to the large difference in value , looking out for buy trades past the 2.0537 level moving a minimum of 35 pips and sell trades past the 2.0462 level and a 30 minimum pip move.

        Other Currency pairs to watch

        AUD/USD

        GBP/AUD

        Comment


        • #19
          13th October, 2014

          Currency Values

          JPY +120 , USD +120 , CAD +20 , CHF +10 , GBP +10 , EUR -80 , NZD -110 ,AUD -120



          --------------------------------------------------------------------------------
          Major Currency Analysis, End of day 10th October

          The Japanese Yen made very strong numerical moves on friday to end the day at a the highest value spot , Having similar end as the US Dollar which made the biggest move of the day to finish as the second most valuable currency . The two currencies may be subjected to further positive moves or sold as the market looks at it as oversold across many technical levels .

          The New Zealand Dollar remained at a weak spot against major pairs it is traded against and we see a further fall in it's value in relation to other currencies but the biggest loser of them all is the Australian Dollar , dropping harder during the wekk due to fundamentals . We see traders capitalising on it's weakness by jumping on other currencies with much more value and stability like the US Dollar .

          Trading Plan 13th October

          Currency pairs like the AUD/USD , AUD/JPY or the EUR/AUD are likely to be good enough to make pips from as the Aussie Dollar finds instability based on the other currencies' higher value and buying pressures . A currency we may be looking at is the AUD/USD , expecting buying pressure to show past the 0.8707 level , while sellers have their day past the 0.8657 level moving the price a minimum 24 pips.

          Currency pairs with the Yen are likely to have greater pip moves too as the Yen remains stable and strong against all pairs but it may also lose value and fall sharply so be sure to have your eyes on those and make pips from value imbalances . Another currency pair we are looking at is the USD/JPY , expecting selling pressures to show past the 107.48 level while buying pressures to come in past the 107.77 level moving the market a minimum 35 pip past either level.

          Comment


          • #20
            14th October, 2014

            Currency Values

            EUR +120 , CHF +80 , JPY +60 , NZD -10 , AUD -20 , CAD -30 , USD -60 , GBP -120



            --------------------------------------------------------------------------------
            Major Currency Analysis, End of day 13th October

            The Euro made large gains in value during the Australian and Asian sessions , calmed down but has gained more numerical advanatages on the technical and fundamental aspects to end the day as the highest valued currency during the trading day, we would expect it to stay further higher as it is but may still drop in value as it is at a unstable point . The Swiss Franc had been quiet but stable and finished the day as the second most valuable currency , we expect it to fall in value against stronger currencies .

            The US Dollar has been on a falling spree, dropping in value greatly to end the day as the second lowest vaued currency but we see it taking off and gaining value in the next trading day against weaker currencies like the Swiss . The British Pound had a tough day holding value as it lost heavily on technicals to end the day as the lowest value , it's direction is very uncertain as traders await the up coming news releases from the UK .

            Trading Plan 14th October

            We will not look to trade any currency pair with the British pound in it or remain in any positions as such . We will be taking a look at the AUD/USD pair , expecting a further downfall of the Australian Dollar in value . We expect the sellers to come in past the 0.8723 level , moving price a minimum 30 pips . As dynamic as the market is , we won't ignore the buyers whom we expect to see opportunity past the 0.8782 level , moving price a minimum 20 pips .

            We also have our eyes on the EUR/JPY pair , expecting to see the Euro lose value against the mighty Yen and offer good sell opportunities past the 135.98 level , moving price a minimum 20 points . The buyers may find opportunity past the 136.40 level , moving price a minimum 20 pips also

            Other Currencies to look at

            EUR/USD

            AUD/JPY
            Last edited by Lord Benj; 10-14-2014, 08:38 AM.

            Comment


            • #21
              Hello Traders , hope you had a good day trading the Asian session this morning and made some pips.

              We have taken down the My fx book page as we had been caught in a draw down when our account was up 52% October and since we were up a floating 39% up , we decided to bail out and we were done for October on that account since we do not like to hang around , when we make enough money on an account for the month , we are out and we enjoy our profits more. But we will be setting up a new one that will remain standard and be available constantly no matter what to show you all how our currency value analysis makes us money and how we use it to trade our own accounts.

              Further more , we will be rolling out a platform that will enable you to see the currency values fluctuation updates on an hourly basis , weekly and monthly view too, and quick analysis every hour on the currency values too . We believe this will make you trade even better and be able to recognize where the currencies stand by the hour and adjust you trading to it all for risk managing and profitability too . The platform will also enable our traders here post live commentary analysis about the markets and a news tab that will tell whether the data releases on news will be positive or negative , this you don't want to miss out on .

              Thank you and good rest of the day.
              Last edited by Lord Benj; 10-14-2014, 10:45 AM.

              Comment


              • #22
                15th October, 2014

                Currency Values



                USD +120 , JPY +70 , CHF +50 , EUR +40 , AUD -40 , NZD -50 , GBP -80 , CAD -90
                --------------------------------------------------------------------------------
                Major Currency Analysis, End of day 14th October

                The US Dollar made significant gains after the london session open and gained value to end the day at the top of the value rank and subsequently became the biggest mover of the day based on value . We see it remaining at that top spot and remaining stable but be cautious of a drop in it's value too . The Japanese Yen gained more value and was leading at the top but has dropped in value as the end of the market day nears . Judging from the sharp drop experienced , we may see it drop further as the bearish technical patterns are likely to show.


                The British Pound made significant gains during the trading day but dropped sharply again after the negative news data releases that affected it , but we see it rising again and picking momentum to come out from the negative and we are likely to see a good gain during the next trading day .

                Trading Plan 15th October

                We see further opportunity in pairs with the Japanese Yen currencies starting with the GBP/JPY . Expecting to see buying pressure kick in past the 170.94 level and selling pressure picking up past the 170.02 level . A minimum price move of 35 pips expected due to volatility numbers.

                Another currency pair is the USD/JPY , expecting sellers to have their day past the 107.14 level , moving the market a minimum 15 pips . Buyers also likely to take over past the 107.47 price level , moving the market a minimum 15 pips also .

                Other Currency Pairs to watch out for

                EUR/JPY

                GBP/AUD

                Tip : Highly valued or lowly valued currencies are most likely to have major support or resistance breakouts during a trading day.
                To find a pair , you may match a weaker currency like the CHF , NZD , JPY that is at a high value point or low value point with a relatively stronger currency like the EUR, GBP or the USD.
                Last edited by Lord Benj; 10-15-2014, 12:13 AM.

                Comment


                • #23
                  Hello Traders ,
                  Hope you're keeping safe from the markets in these hard moments of uncertainity.

                  We are still working on better ways to improve our Value analysis reporting ways so as to help you have a much sharper look at what the currencies are doing and what you may not see happening in the charts .

                  We are also working on a news sentiment section , by watching how market value is changing over a period of time one may be able to play safe during news and data releases that may affect the forex markets .

                  We will also have a report section that will give tips and tutorials on how a currency value calculated by us work in the market and how a trader can make good use of the information in their trading .

                  It is a relatively new system and currency valuing strategy but we intend to make it available and show how much of an importance it can be in trading . Thanks to Nick and Forex Signals for this amazing site and hope to help a lot of forex traders all over .
                  Cheers

                  Comment


                  • #24
                    16th October, 2014

                    Currency Values



                    NZD +120 , CHF +110 , EUR +100 , JPY +20 , CAD -10 , AUD -30 , GBP -120 , USD -120
                    --------------------------------------------------------------------------------
                    Major Currency Analysis, End of day 15th October

                    The New Zealand Dollar made drastic moves to gain value and end the day as the most valued currency . It remains at the top of the value chart and is likely to make a higher move but may fall further though we do not expect the fall to be very significant in the market the following day . We see it maintaining a bullish gain over the long term. The Swiss Franc also made strong gains both on fundamental and technical levels to end as the second highest valued currency , we see it remaining stable above positive levels . But as always with value analysis , top valued currencies may be most subjected to heavy selling so watch out for such moves too.


                    The British Pound is still in deep negative territory and is struggling to make any significant gains upwards in the short term so despite short term moves upwards , they won't be very significant comapared to downward moves so best to stay safe with bearish look at the GBP. The US Dollar on the other hand is on a free fall in the long term , we are not sure of how hard it may drop in value but it'll be safer for us to stay on a bearish look of it.

                    Trading Plan 16th October

                    We have our eye on the USD/CAD due to the significant drop in value we see of the US Dollar. We look to find best selling points past the 1.1237 level , with a minimum 25 pip move to expect . In case of market turn around , we look to buy past the 1.1290 level with a minimum 20 pip move expected.

                    Another pair we are watching is the USD/CHF , looking for selling points past the 0.9293 level , with a minimum 20 pip move expected there after . Eye on the buy side past the 0.9433 level with a minimum 15 pip move expected.

                    Other Currencies to look out for

                    AUD/NZD

                    EUR/AUD

                    Comment


                    • #25
                      17th October, 2014

                      Currency Values



                      GBP +120 , CAD +80 , EUR +50 , CHF +10 , AUD -10 , USD -60 , NZD -80 , JPY -120
                      --------------------------------------------------------------------------------
                      Major Currency Analysis, End of day 16th October

                      The British Pound had a fantastic run today gain value massively ending the day as the highest valued currency and was also the biggest mover of the day. We personally did not expect such a move . We see another day of volatility on GBP currency pairs in the next day and with the position of the GBP , it is more likely to lose value but remaining stable and strong should not be discounted either . Second most valued currency was the Canadian Dollar , it lost value slightly during the trading day but went ahead to gain before the end of the trading day . We see a drop in it's value in the next trading day


                      The New Zealand Dollar made a massive drop in value but has moved up a few tehcnical points to gain value and we see it remaining stable and gaining value but won't be as significant as the selling pressure it has experienced may still be strong thus affecting it's gaining value . The Japanese Yen made strong gains and was high in value during the Australian and Asian session but dropped hard after the london session open . We see it remaining at the lowest value level during the trading day and it may not see very significant bullish moves .

                      Trading Plan 17th October

                      We are looking to take advantage of the Japanese Yen's low value and trading it against stronger currencies like the British Pound , Euro or the Australian Dollar . So the first currency pair we will be watching is the GBP/JPY , looking to buy past the 171.65 level with minimum pip move expectation of 30 pips and looking to sell past the 170.89 level , expecting a minimum 40 pip move from there .

                      Second currency pair we are watching is the AUD/JPY looking to sell the pair past the 136.02 level , minimum pip move of 25 pips expected . And buying past the 136.53 level , taking a minimum 20 pips on the move .

                      Other Currency Pairs to watch out for

                      GBP/USD

                      AUD/JPY

                      Comment


                      • #26
                        20th October, 2014

                        Currency Values



                        GBP +120 , USD +20 , AUD +30 , NZD -10 , EUR -40 , CHF -40 , CAD -50 , JPY -120
                        --------------------------------------------------------------------------------
                        Major Currency Analysis, End of day 17th October

                        After a dollar of consistent drop of the British Pound , the Pound recovered immensely ending the day as the highest valued currency , making traders bullish on pound cross pairs , we are likely to see a drop in value soon but not very significant so avoid being too bullish on the Pound . The US Dollar on the other hand has been on a bullish gain thus building up it's technical numbers and ended the day as the second most valuable currency . We see a continued gain of the US Dollar so bullish traders may start seeing gains in their dollar buy positions .


                        The Canadian Dollar spent the day on a bearish move thus dropping it's value significantly against more valuable currencies like the US Dollar making a larger majority of traders bearish on the Canadian Dollar . The Japanese Yen made steady gains but with slight drops during the day , but is still on a steep decline when you look at the long term . We are looking to remain bearish on the Yen as it loses value and enters the negative value zone in the next trading week .

                        Trading Plan 20th October

                        With the Japanese Yen at a vulnerable negative value level , the fasteet and best volatile trades will probably be with a highly valued currency to give us the best value imbalance that will spark good volatility . The first pair we will look at is the GBP/JPY , looking for buy entries past the 172.74 level with a minimum 37 pip move expected . On the sell side , we will be looking for entries past the 171.95 level with a minimum 30 pip move expectation.

                        Another pair we will be watching is the USD/JPY , looking for buy entries past the 107.33 level with a minimum 20 pip move expected . On the sell side , looking for entries on or past the 106.94 level with a minimum 20 pip move after expected.

                        Other Currency pairs to watch

                        USD/CAD

                        AUD/NZD

                        Comment


                        • #27
                          21st October, 2014

                          Currency Values



                          GBP +80 , EUR +50 , CHF +40 , NZD +30 , AUD 0 , JPY -20 , USD +50 , -120
                          --------------------------------------------------------------------------------
                          Major Currency Analysis, End of day 20th October

                          The British Pound has had a fairly calm day with very little volatility and has subsequently left it at the top of the value chart as the most valuable currency amongst all others . We see it dropping in value against other currencies that are under it in the positive value range. The Euro has been on an upward momentum gain against all other currencies and ended the day second most valued currency in the markets meaning a large majority are bullish on the Euro at the end of the trading day. We expect to see more bullish gains from the Euro against weaker currencies.


                          The US Dollar made a slow but significant drop from yesterdays value to end the day at negative value range . We are likely to see weak gains from the US Dollar but an overall bearish drop in it's value when pegged against other currencies . The Canadian Dollar is on a downward value losing move that will see it lose against major currencies in the next few days .

                          Trading Plan 21st October

                          First i'll start with the currencies that show vulnerability to losing value during the next trading day. First is the Australian Dollar and the Japanese Yen with each looking to move away from their current zones . The AUD/JPY would be a good pair to watch for increased volatility with sellers coming in strong past the 93.62 level , moving price a minimum 20 pips . Buyers , a minimal possibility but not to be ignored may find possible buy zones past the 93.99 level

                          Another pair we expect increased volatility is the GBP/USD , with a bias on the sell side , looking for possible sell points past the 1.6130 level , while buying points past the 1.6177 level .

                          Other Currency pairs to watch

                          AUD/USD

                          EUR/USD

                          Comment


                          • #28
                            22nd October, 2014

                            Currency Values

                            CAD +120 , USD +100 , GBP -10 , JPY -20 , NZD -30 , AUD -50 , CHF -70 , EUR -94
                            --------------------------------------------------------------------------------
                            Major Currency Analysis, End of day 21st October

                            The Canadian Dollar made big gains during the trading day to end the day as the highest valued currency and we are likely to see it slow down but making slight drops in value but not very significant . The US Dollar made gains also today as per our analysis yesterday and looks to be moving out of the negative zone into the positive with strong momentum . We expect the US Dollar to remain strong but with slight drops against stronger currencies but an overall bullish gain.


                            The Swiss Franc dropped largely in value but has been on a bullish momentum towards the end of the trading day . We see it dropping much farther in value and weakening against higher valued currencies . The Euro on the other hand ended the day as the wekest currency and seems to have reached a potential limit to it's drop so we see it gaining value during the next trading day but not as significant as the drops as it will seek to stabilise it's bullish momentum first .

                            Trading Plan 22nd October

                            We will be overall bearish on the GBP currency , looking for it to lose strength against more valued currencies like the USD , CAD and the NZD.
                            We are also bearish on the EUR , looking to sell it against more valued currencies like the JPY , AUD , NZD . We see a slow down in the USD pairs as it is not showing much hints as to it's future day value and direction either as it is at a vulnerable point where sellers may see it as over bought and sell hard or be uncertain and hold it's current value as it is . The most bearish currencies based on value are the GBP , EUR and the CHF . The most bullish currencies based on value are the NZD , CAD and the JPY .

                            Comment


                            • #29
                              Hello Traders ,
                              We have brought about some changes as to how we write currency analysis values to you . This improvement is to give you the trader a more frequent view of how currency value fluctuations are happening against each other in each trading day . We have also included Weekly and Monthly views that will adequately assist you in making better trading decisions .

                              Plus all currencies will have a written analysis that you can use to compare with other currencies to find the solid reason that is behind the market moves that technical analysis may not reveal to you easily . We have also included a news sentiments section .

                              This section will assist you in getting a clue as to what overall effect a news release will have on the markets . This is achieved by analyzing and comparing the last value change or behavior a currency had during the last common news release with the current behavior . This comes after we witnessed a rather quick change in the value of a currency moments before news releases that is not always greatly visible on the charts . It always seems like a rather unusual market force either on the buy or sell side is adjusting itself to stay in tandem with the news release , this you will not want to miss out on .

                              All this will be displayed on platform that we have been developing for release sometime next week . We assure you , if you didn't fully understand the strength in currency value analysis on this thread , you will love it on the platform . All this to assist the modern trader to stay on the right side of the market , avoid entering trades in currency pairs that are not imbalanced enough by value and will keep you in draw down and uncertainty for long periods of time .

                              Thank you and see you soon with more info.

                              Comment


                              • #30
                                Hello Traders ,

                                This is a sample post for an upcoming news sentiments feature we will have for you . More details in our next upcoming post tomorrow morning .

                                USD - Durable Good Offers

                                We are witnessing a negative divergence in value of the USD currency and might indicate at a worse than expected data release from the US . This may lead to a heavy drop in the value of the USD .

                                Comment

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