Anna Mon Posted September 13, 2016 Author Share Posted September 13, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Tuesday, September 13, the pair USD/JPY tests different directions. As we see on today’s 15-minute chart it trades within the support at 101.40 and resistance at 102.05. Yesterday, the US dollar was under significant pressure after statements by the leadership of the Federal reserve system. However, at the moment the american currency is stable against the yen. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GPB/JPY In the trading on Tuesday, September 13, the pair GPB/JPY shows downward movement. As we see on today’s 15-minute chart it trades within the support at 135.15 and resistance at 136.10. The yen continues to strengthen after the recent decisions by the Bank of Japan. And the pound still feels the pressure because of a British exit from the EU. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Tuesday, September 13, the pair EUR/USD trades in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 1.1225 and resistance at 1.1242. Tonight the publication of Federal Budget Balance is expected. These data can have a significant impact on the US dollar. NewForex Analyst Luigi Campo Forex News from New Forex: The market is waiting for data from Germany Today an important report on the results of the ZEW research in Germany will be published. It is important to remember that if index value is higher than expected it should be taken as bullish for the EUR, while a lower than expected should be taken as bearish for the EUR. The expected value of the index is 1.8. As we remember previous ZEW data from Germany showed the size of the fall in German economic sentiment in July. It fell more than expected to −6.8. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted September 15, 2016 Author Share Posted September 15, 2016 Forex News from New Forex: Technical analysis of EUR/USD In the trading on Thursday, September 15, the pair EUR/USD trades in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 1.1240 and resistance at 1.1250. Today we expect the publication of several important reports about the size of the base index and volume of retail sales in the United States. And in the evening German Bundesbank President Jens Weidmann is to speak. These events can influence the further movement of the pair. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GPB/USD In the trading on Thursday, September 15, the pair GPB/USD is moving in broad channel. As we see on today’s 15-minute chart it trades within the support at 1.3240 and resistance at 1.3277. Today important statistics are expected. These are the statistics from Britain on the volume of retail sales, information about the interest rate and publication of Bank of England monetary policy committee meeting minutes. We think this data will affect the pair. Good news will form a bullish direction for the GBP and negative news will create a bearish market for GBP. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of USD/JPY In the trading on Thursday, September 15, the pair USD/JPY shows an upward movement. As we see on today’s 15-minute chart it trades within the support at 101.93 and resistance at 102.64. On Wednesday, the yen weakened against the dollar after the statements of the Bank of Japan. However, it regained its position later. At the same time, the dollar held steady against major currencies due to the uncertainty of when the Fed will raise rates. NewForex Analyst Luigi Campo Forex News from New Forex: The Australian labour market is weakened The Australian Bureau of statistics has published a report on employment in Australia for last month. According to the report the rate of change of employment in August decreased. The labor market remains weak. This is an indication that the economic situation in the country is getting worse. Against to positive expectations the number of employed decreased on 3.900 to 11.963.700. At the same time the number of economically active population in Australia in August decreased by 0.2% to 64.7%. Published low rate could generate a bear market for the AUD. Given these data NewForex analysts consider that we should expect that in the future the Reserve Bank of Australia will lower interest rates and Australian dollar will be weakened. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted September 16, 2016 Author Share Posted September 16, 2016 Forex News from New Forex: Technical analysis of EUR/USD In the trading on Friday, September 16, the pair EUR/USD begins noticeable downward movement. The European currency fell against the US dollar. As we see on today’s 15-minute chart it trades within the support at 1.1237 and resistance at 1.1250. NewForex analysts expect this pair will continue to move downward. In the second half of the day important statistics about the size of the base consumer price index in the United States are expected. These data will affect the pair’s movement. Good news will form a bullish direction for the USD and negative news will create a bearish market for USD. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of AUD/USD In the trading on Friday, September 16, the pair AUD/USD is moving in broad channel. The Australian dollar fell against the US dollar. As we see on today’s 15-minute chart it trades within the support at 0.7495 and resistance at 0.7528. Yesterday came out negative data for AUD. However, the pair is not strongly dropped and stopped its movement near the key levels. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/GBP In the trading on Friday, September 16, the pair EUR/GBP trades in a narrow channel. The Euro rose against the British pound. As we see on today’s 15-minute chart it trades within the support at 0.8485 and resistance at 0.8505. The pound is still under pressure after news from the UK. Today publication of important news is not expected. NewForex Analyst Luigi Campo Forex News from New Forex: Market participants await US data Today a report about the size of the base consumer price index in the US in August will be published. This is the main way to measure changes in purchasing trends and inflation in the country. As we remember the basic consumer price index in July rose only 0.1% which was below the expected increase of 0.2%. Yet again there is the expected level of 0.2%.However, as we have seen in last month forecast can not be confirmed. As the dollar is in an unstable state these data will affect the currency price. The data above the expected will form a positive direction for the USD and disappointing data will create a negative market for USD. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted September 19, 2016 Author Share Posted September 19, 2016 Forex News from New Forex: Technical analysis of USD/CHF In the trading on Monday, September 19, the pair USD/CHF trades in a narrow channel.USD/CHF is stable. As we see on today’s 15-minute chart it trades within the support at 0.8485 and resistance at 0.8505. Technical indicators give a single buy signal. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of USD/JPY In the trading on Monday, September 19, the pair USD/JPY is moving in broad channel. As we see on today’s 15-minute chart it trades within the support at 101.66 and resistance at 102.15. Currency pair USD/JPY fell. It happened as the dollar strengthened after data on Friday that consumer prices rose in August by 0.2% . NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Monday, September 19, the pair EUR/USD begins noticeable downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1150 and resistance at 1.1175. US dollar drops against the major currencies. This happens on the background of expectations of the fed’s important report . NewForex Analyst Luigi Campo Link to comment Share on other sites More sharing options...
Anna Mon Posted September 22, 2016 Author Share Posted September 22, 2016 Forex News from New Forex: Technical analysis of EUR/USD In the trading on Thursday, September 22, the pair EUR/USD continues upward movement. As we see on today’s 15-minute chart it trades within the support at 1.1180 and resistance at 1.1230. During today's trading the US dollar falls against the Euro after the decision of the Federal reserve system to keep the interest rate to 0.50%. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Thursday, September 22, the pair GBP/USD is moving in upward channel. As we see on today’s 15-minute chart it trades within the support at 1.3025 and resistance at 1.3085. The pair began to rise after yesterday’s release of statistics from the UK. The data showed that the economy was not weakened after the UK decision to leave the EU. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of USD/JPY In the trading on Thursday, September 22, the pair USD/JPY is trading in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 100.05 and resistance at 100.50. Data about the American economy and disappointing decision of the Bank of Japan forms the movement of the pair USD/JPY to mark 100. NewForex Analyst Luigi Campo Forex News from New Forex: US oil reserves have declined Data published yesterday by EIA about oil resources in the United States did not confirm the expectations. These data showed a decrease of 6.2 million barrels of oil from the previous month. While its growth by 3.2 million barrels of oil was expected. The market participants attention is drawn to future meeting of the OPEC in Algiers in late September. This meeting will also have a big effect on the price of oil. OPEC members plan to revisit the restriction of oil production. At the previous meeting they were unable to make this decision because of the refusal of Saudi Arabia to sign an agreement without Iran’s participation. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted September 23, 2016 Author Share Posted September 23, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Friday, September 23, the pair USD/JPY is trading in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 100.75 and resistance at 101.15. The pair is still influenced by the decision of the Bank of Japan. Although it is beginning to show a small increase. As we think, the pair will continue to remain in a sideways range. However, the price can go up on positive US data. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Friday, September 23, the pair GBP/USD is moving in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 1.2985 and resistance at 1.3087. Yesterday after statements by the representatives of the Bank of England was a notable rise of GBP. On Friday, representatives of the US Federal reserve will make a statement. It can also affect a currency pair. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Friday, September 23, the pair EUR/USD is moving in the sideways channel. Dollar falls against Euro. As we see on today’s 15-minute chart it trades within the support at 1.1193 and resistance at 1.1220. The Euro held steady against the US currency after the release of mixed PMI of Eurozone. The main influence on the pair still has the fed decision. NewForex Analyst Luigi Campo Forex News from New Forex: Gold prices have decreased Today the prices of gold have decreased after strengthening of the US dollar. On Wednesday there was a gold price hike after the fed’s decision to leave interest rates unchanged and the forecast for a less aggressive interest rate hike for the next two years. The dollar was under pressure after this data. However, on Thursday came out strong statistics on the US labor market. For a week the number of applications for unemployment benefit in USA decreased on 8 thousand. While the growth was expected on 2 thousand. After these data, the dollar began to rise. This had a negative effect on the price of gold. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted September 26, 2016 Author Share Posted September 26, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Monday, September 26, the pair USD/JPY is trading in the sideways channel. The U.S. dollar rose against the Japanese yen. As we see on today’s 15-minute chart it trades within the support at 100.65 and resistance at 101.10. In the US there will be presidential elections soon. Therefore, the results of the televised debate of candidates in presidents of America will have an impact on the price of the pair. The debate will start tonight. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Monday, September 26, the pair GBP/USD is moving in the sideways channel. The US dollar fell against the British pound. As we see on today’s 15-minute chart it trades within the support at 1.2925 and resistance at 1.2985. An important report from the U.S. may affect the price of this pair. Today statistics of U.S. New Home Sales will be published. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Monday, September 26, the pair EUR/USD is moving in the sideways channel. The dollar fell against the Euro. As we see on today’s 15-minute chart it trades within the support at 1.1215 and resistance at 1.1235. Today we expect two important events that may affect the price of the pair. This is a report on the Germany IFO Business Climate Index and the speech of European Central Bank president Draghi. NewForex Analyst Luigi Campo Forex News from New Forex: Oil prices rose On Monday, 26 September, oil prices rose taking into consideration the growing expectations of the outcome of the meeting in Algeria. The weakening dollar also supported oil prices. So oil has recovered after sharp fall on Friday. This morning futures for oil of mark WTI rose in price by 0,74% and Brent by 0.73%. On this week in Algeria will be held meeting of the OPEC. This meeting will also have a big effect on the price of oil. OPEC members plan to revisit the restriction of oil production. At the previous meeting they were unable to make this decision because of the refusal of Saudi Arabia to sign an agreement without Iran’s participation. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
fxfibo Posted September 26, 2016 Share Posted September 26, 2016 Link to comment Share on other sites More sharing options...
Anna Mon Posted September 27, 2016 Author Share Posted September 27, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Tuesday, September 27, the pair USD/JPY is trading in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 100.05 and resistance at 101.00. The published minutes of the Bank of Japan also weakened the pair. Because they are not made clear. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Tuesday, September 27, the pair GBP/USD is moving in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 1.2905 and resistance at 1.3000. NewForex analysts expect the pound will increase and the price of the pair will rise to 1.3100. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Tuesday, September 27, the pair EUR/USD continues the downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1213 and resistance at 1.1260. US dollar stable against major currencies. Market sentiment has improved because of good results of the TV debate of candidates in US presidents. NewForex Analyst Luigi Campo Market participants wait for US data Today market participants are waiting for important reports from the United States. Data about U.S. CB Consumer Confidence in the current month will be published. Analysts expect the indicator to fall to a value of 99.0. In August it stood at 101,1 points. The index reflects the perception by Americans of the current economic conditions and the associated expectations. The results of the debates had a positive impact on the dollar. Hillary Clinton performed better than Donald Trump.Investors interested in the victory of Hillary Clinton. Therefore, they are closely watching what is happening. The next debate will be held on 9 October. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted September 28, 2016 Author Share Posted September 28, 2016 Forex News from New Forex: Technical analysis of EUR/USD In the trading on Wednesday, September 28, the pair EUR/USD shows a downward movement. Yesterday the Euro dropped against the US dollar. As we see on today’s 15-minute chart it trades within the support at 1.1180 and resistance at 1.1215. Today it is expected many important reports from the United States and the President of the European Central Bank Draghi. These events can change the situation on the pair. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Wednesday, September 28, the pair GBP/USD is moving in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 1.2980 and resistance at 1.3030. Yesterday the pound broke through the level of 1.3000. Today we see a correction to this level. Therefore NewForex analysts see a buying opportunity. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of USD/JPY In the trading on Wednesday, September 28, the pair USD/JPY is moving in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 100.50 and resistance at 100.80. Today important data from the USA of core durable goods orders and crude oil inventories can affect the price of the pair. Today’s U.S. Fed chair Yellen testifies will influence the mood of the pair. NewForex Analyst Luigi Campo Link to comment Share on other sites More sharing options...
Anna Mon Posted September 29, 2016 Author Share Posted September 29, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Thursday, September 29, the pair USD/JPY went up. As we see on today’s 30-minute chart it trades within the support at 101.35 and resistance at 101.60. The pair returned to it position. As we can see it grew up from the 100.00 mark. The American dollar saved its positions against the yen after Janet Yellen’s speech. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Thursday, September 29, the pair GBP/USD is moving in the sideways channel. As we see on today’s 5-minute chart it trades within the support at 1.2980 and resistance at 1.3005. On Thursday the pound declined against the US dollar. US currency received support from yesterday’s speech of Janet Yellen. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Thursday, September 29, the pair EUR/USD shows a sideways movement. As we see on today’s 5-minute chart it trades within the support at 1.1210 and resistance at 1.1229. The Euro fell after yesterday’s speech of the head of the fed Janet Yelan. She said about a possible increase in interest rates before the end of 2016. NewForex Analyst Luigi Campo Forex News from New Forex: Oil prices are falling during trading on Thursday Today, on September 29, during the trading session oil prices are falling as market participants questioned the decision of OPEC to limit oil production.Yesterday after the most anticipated meeting of the month the ministers announced the decision to restrict oil production from November of this year. According to preliminary data, the production will not be above the level of 32.50 million barrels of oil per day. Additionally the U.S. Department of energy published yesterday a report on the decline of commercial oil stocks by 1.9 million barrels. These events put pressure on oil futures and form it today’s prices. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted October 3, 2016 Author Share Posted October 3, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Monday, October 3, the pair USD/JPY is moving in the sideways channel.As we see on today’s 15-minute chart it trades within the support at 101.25 and resistance at 101.50. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Monday, October 3, the pair GBP/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.2845 and resistance at 1.2945. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Monday, October 3, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1220 and resistance at 1.1240. NewForex Analyst Luigi Campo Link to comment Share on other sites More sharing options...
Anna Mon Posted October 5, 2016 Author Share Posted October 5, 2016 Forex News from New Forex: Technical analysis of EUR/USD In the trading on Wednesday, October 5, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1205 and resistance at 1.1235. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Wednesday, October 5, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2675 and resistance at 1.2740. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of USD/JPY In the trading on Wednesday, October 5, the pair USD/JPY shows an upward movement. As we see on today’s 15-minute chart it trades within the support at 102.65 and resistance at 103.15. NewForex Analyst Luigi Campo Link to comment Share on other sites More sharing options...
Anna Mon Posted October 6, 2016 Author Share Posted October 6, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Thursday, October 6, the pair USD/JPY shows an upward movement. As we see on today’s 15-minute chart it trades within the support at 103.30 and resistance at 103.70. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Thursday, October 6, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2697 and resistance at 1.2765. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Thursday, October 6, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1175 and resistance at 1.1215. NewForex Analyst Luigi Campo Link to comment Share on other sites More sharing options...
Anna Mon Posted October 7, 2016 Author Share Posted October 7, 2016 Forex News from New Forex: Technical analysis of EUR/USD In the trading on Friday, October 7, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1120 and resistance at 1.1155. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Friday, October 7, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1930 and resistance at 1.2610. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of USD/JPY In the trading on Friday, October 7, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 103.50 and resistance at 104.05. NewForex Analyst Luigi Campo Forex News from New Forex: Gold prices began to rise Today, on Friday, October 7, during the trading session gold prices began to rise. However, the precious metal is still under pressure. This happens on the background of the fact that market participants expect higher interest rates in the United States. Today, market participants are waiting for an important report on employment in non-agricultural sector of America. Positive reports on the U.S. economy will strengthen expectations for a rate hike. But the dollar index rose by 0.43% against other major currencies. And on the background of positive news for the dollar, we see the growing pressure on gold. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted October 10, 2016 Author Share Posted October 10, 2016 Quote Forex News from New Forex: Technical analysis of USD/JPY In the trading on Monday, October 10, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 102.85 and resistance at 103.45. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Monday, October 10, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2378 and resistance at 1.2450. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Monday, October 10, the pair EUR/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1155 and resistance at 1.1200. NewForex Analyst Luigi Campo Link to comment Share on other sites More sharing options...
Anna Mon Posted October 11, 2016 Author Share Posted October 11, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Tuesday, October 11, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 103.50 and resistance at 104.10. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Tuesday, October 11, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2250 and resistance at 1.2345. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Tuesday, October 11, the pair EUR/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1065 and resistance at 1.1140. NewForex Analyst Luigi Campo Link to comment Share on other sites More sharing options...
Anna Mon Posted October 12, 2016 Author Share Posted October 12, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Wednesday, October 12, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 103.23 and resistance at 103.70. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Wednesday, October 12, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2145 and resistance at 1.2345. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Wednesday, October 12, the pair EUR/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1005 and resistance at 1.1065. NewForex Analyst Luigi Campo Forex News from New Forex: Oil prices are rising Today, on October 12, during the trading session oil prices showed growth. This happens on the background of expectations of discussion about the limitation of oil production. The price of oil Brent has risen in the morning by 0.48 % and WTI by 0.33%. There is the world energy Congress in Istanbul in these days from 9 to 13 October . Market participants expect that it will be a series of meetings between the leading countries which produce oil and there will be some clarity of understanding about the future of oil. As we remember, at the end of September in Algeria, OPEC decided to restrict oil production. But there are no specific limits for each country. All this must be clarified on 30 November on the official OPEC meeting in Vienna. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted October 17, 2016 Author Share Posted October 17, 2016 Forex News from New Forex: Technical analysis of USD/JPY In the trading on Monday, October 17, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 103.90 and resistance at 104.30. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Monday, October 17, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2150 and resistance at 1.2260. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of EUR/USD In the trading on Monday, October 17, the pair EUR/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.0995 and resistance at 1.1035. NewForex Analyst Luigi Campo Forex News from New Forex: Gold prices are stable Today, on October 17, during the trading session the price of gold shows stability. The US dollar strengthened and put pressure on gold. This happened on the background of good data from the US, which on Friday supported the US currency. The price of gold is dependent on the US dollar. The US currency strengthened in September on the background of the forecast of a rate hike in December this year. Today reports on U.S. industrial production and manufacturing activity in New York can have an impact on the American currency. NewForex Analyst Sara Rosenstein Link to comment Share on other sites More sharing options...
Anna Mon Posted October 29, 2016 Author Share Posted October 29, 2016 Fundamental analysis from New Forex: The Asia-Pacific region Stock indices around the world are mostly in negative territory today, due to the growing yield of US Treasury bonds. It lifted the dollar higher nine-month highs after some positive economic data spurred expectations the growth of the Federal funds rate. The global MSCI stock Asia-Pacific (excluding Japan) gave 0.3% due to the heightened interest in risk. At the same time, the Nikkei added 0.63 percent due to the weakened currency. Meanwhile in Australia composite S&P\ASX weakened by 0.22%. The yen retreated into defensive positions against other major currencies. The Australian dollar strengthened against the yen only. In September, officials BoJ changed the strategy of monetary policy. In pursuit of 2% inflation by intention to control the yield curve they hold the yield on 10-year government bonds at 0%. But today, many economists think that this approach is not able to justify themselves in the environment where the yen is traditionally entrenched in the minds of investors as a tool for hedging financial risks. NewForex Analyst Alex Vergunov Fundamental analysis from New Forex: North America Positive data from the United States including data from the labor market, housing sales, and data on manufacturing activity strengthened the prospects for the growth rates fed funds at the end of the year raising the yield of Treasury bonds. Trading stocks wall street, respectively, have suffered because of the stronger near 9-month highs currency: Nasdaq Composite index gave up 0.65 percent and the S&P 500 and the Dow Jones losing 0.30 and 0.16%, respectively. The US dollar index is at the level of expanding 98.880 achieved 0.2% growth earlier on Thursday. In the weekly rate index added 0.3%, slightly ahead of its nine-month high. Canadian composite S&P/TSX added 0.18%, while the loonie is stable, strengthening against the Japanese yen, Australian dollar and British. Markets focused on the upcoming presidential elections in the United States scheduled for 8 November. The major economic changes that expect the whole world can become relevant tax reform, support of course of expensive money from the trump or the policy of low interest rates (by Clinton), as well as a number of tangible changes in foreign economic and political activities. In addition today, we will see data on US GDP, which is expected by most economists, will show a satisfactory result. NewForex Analyst Alex Vergunov Forex News from New Forex: Technical analysis of EUR/USD In the trading on Friday, October 28, the pair EUR/USD shows upward movement. As we see on today’s 15-minute chart it trades within the support at 1.0890 and resistance at 1.0930. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of GBP/USD In the trading on Friday, October 28, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2195 and resistance at 1.2275. NewForex Analyst Luigi Campo Forex News from New Forex: Technical analysis of USD/JPY In the trading on Friday, October 28, the pair USD/JPY shows movement in different directions. As we see on today’s 15-minute chart it trades within the support at 104.30 and resistance at 104.80. NewForex Analyst Luigi Campo Link to comment Share on other sites More sharing options...
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