Antony_NPBFX Posted July 9, 2018 Author Share Posted July 9, 2018 USD/CHF: the dollar is declining 09.07.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the USD/CHF for a better understanding of the current market situation and more efficient trading. Current trend On Friday, USD fell against CHF, interrupting the flat dynamics of the middle of last week. USD weakened due to the official start of the US-China trade war. On Friday, the US 25% tariffs on Chinese goods came into effect, totaling USD 34 billion. The US intends to introduce duties on another 284 items of Chinese goods worth a total of USD 16 billion in two weeks. The PRC authorities reported on the introduction of tit-for-tat measures and accused the US of violating the WTO rules. According to experts, the impact of tariffs on the Chinese economy will be noticeable in 3-6 months and may lead to a 0.2% decrease in its growth. The US administration warned that in the event of the conflict escalation, it could continue to expand duties and impose them on Chinese goods totaling more than USD 500 billion. Support and resistance On the daily chart, Bollinger bands fall. The price range narrows. MACD decreases, keeping a weak sell signal (the histogram is below the signal line), and tries to consolidate below the zero line. Stochastic is directed downwards but is quickly approaching its lows, indicating the oversold dollar in the near future. Current indicators’ readings do not contradict the further development of the «bearish» trend in the short and/or ultra-short term. Resistance levels: 0.9888, 0.9910, 0.9940, 0.9963. Support levels: 0.9853, 0.9820, 0.9800, 0.9786. Trading tips Long positions can be opened after a rebound from 0.9853 and breakout of 0.9888 with the targets at 0.9940–0.9963 and stop loss 0.9860–0.9850. Implementation period: 2–3 days. Short positions can be opened after the breakdown of 0.9853 with the targets at 0.9820–0.9800 and stop loss 0.9870–0.9880. Implementation period: 1–2 days. Use more opportunities of the NPBFX analytical portal: analytics You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/CHF and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted July 11, 2018 Author Share Posted July 11, 2018 USD/CAD: the pair is traded with a rise Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the USD/CAD for a better understanding of the current market situation and more efficient trading. Current trend USD rose slightly against CAD on Tuesday, receiving moderate support from macroeconomic statistics from the US and the weakness of its European competitors. Today, the pair shows more active growth, despite the fact that investors are preparing for an important publication of the Bank of Canada meeting minutes at 16:00 (GMT+2). The Canadian regulator can raise the interest rate to 1.50%. At the same time, investors expect positive news concerning the labor market, the dynamics of production and economic development in general in the accompanying statement. On Wednesday, the Fed representatives will report, as well as the index of industrial inflation in June in the US will be published. Support and resistance Bollinger Bands in D1 chart demonstrate decrease. The price range is narrowing from above, reflecting a change of trend in the short term. MACD is reversing upwards preserving a sell signal (located below the signal line). Stochastic has already reversed in the direction of growth, having reacted to the "bullish" start of the current trading week. At the moment, the indicators do not contradict the further development of the "bullish" trend in the short/ultra-short term. Resistance levels: 1.3160, 1.3200, 1.3250, 1.3300. Support levels: 1.3100, 1.3064, 1.3000, 1.2961. Trading tips To open long positions one can rely on the breakout of the level of 1.3160, in case of maintaining "bullish" signals from technical indicators. Take-profit — 1.3250 or 1.3300. Stop-loss — 1.3120 or 1.3110. The return of the "bearish" trend to the market with a breakdown of the level of 1.3100 may be an alternative. In this case, the target of the "bears" may be located at the psychological level of 1.3000. Stop-loss — 1.3150 or 1.3160. Implementation period: 2-3 days. Use more opportunities of the NPBFX analytical portal: economic calendar Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration on the NPBFX website. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/CAD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted July 13, 2018 Author Share Posted July 13, 2018 AUD/USD: general analysis 13.07.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the AUD/USD for a better understanding of the current market situation and more efficient trading. Current trend Yesterday, the AUD/USD pair strengthened due to the news that China and the US could negotiate to resolve controversial trade issues. The intention of Washington and Beijing to find a compromise is a good sign for Australian exporters since China is Australia's main trading partner. However, the fall in commodity prices has a negative impact on AUD. In addition, the recent US CPI correspond to the "hawkish" mood of the Fed and restrain the growth of the pair. Today at 17:00 (GMT+2) Fed Monetary Policy Report will be published. Given the positive inflationary dynamics and positive data on a number of key macroeconomic indicators, investors expect the pair to fall on the last trading day of the current week. Support and resistance On the 4-hour chart, the pair tries to consolidate above the middle line of Bollinger bands. The indicator is turned sideways, the price range is unchanged, which reflects the development of the upward trend correction. MACD histogram is in the negative area, holding a weak sell signal. Stochastic has entered the overbought area, a strong sell signal can be formed in the next few hours. Resistance levels: 0.7421, 0.7441, 0.7468, 0.7507, 0.7535. Support levels: 0.7305, 0.7325, 0.7351, 0.7392. Trading tips Long positions can be opened above the level of 0.7425 with the targets at 0.7485, 0.7510 and stop loss 0.7390. Short positions can be opened below the level of 0.7385 with the target at 0.7345 and stop loss 0.7405. Implementation period: 1–2 days. Use more opportunities of the NPBFX analytical portal: trading signals Make right trade decisions on sell or buy AUD/USD and other popular instruments using trading signals on the NPBFX portal. All registered users have free access to signals from the top 10 trading indicators (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) with also general recommendations on the portal. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on AUD/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted July 16, 2018 Author Share Posted July 16, 2018 USD/CHF: wave analysis 16.07.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the USD/CHF for a better understanding of the current market situation and more efficient trading. Current trend The pair can grow. On the 4-hour chart, the upward momentum is developing as a first wave of the higher level 1 of (3). Now the fifth wave v of 1 is developing, within which the wave (iii) of v of the lower level is developing as a momentum. If the assumption is correct, the pair will grow to the levels of 1.0100–1.0190. The level of 0.9945 is critical and stop-loss for this scenario. Main scenario Long positions will become relevant during the correction, above the level of 0.9945 with the targets at 1.0100–1.0190. Implementation period: 5–7 days. Alternative scenario The breakdown and the consolidation of the price below the level of 0.9945 will let the pair go down to the levels of 0.9819–0.9745. Use more opportunities of the NPBFX analytical portal: trading signals Make right trade decisions on sell or buy USD/CHF and other popular instruments using trading signals on the NPBFX portal. All registered users have free access to signals from the top 10 trading indicators (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) with also general recommendations on the portal. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/CHF and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted July 18, 2018 Author Share Posted July 18, 2018 EUR/USD: euro falls again 18.07.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the EUR/USD for a better understanding of the current market situation and more efficient trading. Current trend Yesterday, EUR fell against USD, stepping off the renewed highs since July 11. Yesterday, the International Monetary Fund has published a forecast on the growth of the economy of the leading countries. In the current year, the EU's GDP may grow by 2.2% instead of previously expected 2.4% due to growing world trade tension and Brexit uncertainty. However, the EU leadership is trying to develop mutually beneficial free trade: on Monday, a major corresponding agreement between the EU and Japan was signed. According to the document, which should enter into force in March 2019, Japan should abolish duties on 94% of goods produced in the EU, and the European Union – similar duties for 99% of Japanese goods. On Wednesday, June EU inflation data will be published. MoM indicators are expected to decrease significantly: the Consumer Price Index – from 0.5% to 0.1%, and the Base Consumer Price Index – from 0.3% to 0.1%. YoY values will remain unchanged. CPI will be 2.0%, and the Base CPI – 1.0%. Support and resistance On the daily chart Bollinger bands move flat. The price range tries to consolidate. MACD decreases, keeping a sell signal (the histogram is below the signal line). Stochastic unfolds down after a brief growth, reacting to the "bearish" Tuesday’s trade. It is better to open short positions in the short and/or ultra-short term. Resistance levels: 1.1689, 1.1718, 1.1743, 1.1800. Support levels: 1.1647, 1.1600, 1.1541, 1.1500. Trading tips Long positions can be opened after a rebound from 1.1647 and breakout of 1.1670–1.1689 with the targets at 1.1743–1.1750 or 1.1775–1.1800. Implementation period: 2–3 days. Short positions can be opened after the breakdown of the level of 1.1647 with the target of 1.1600 or 1.1575 and stop loss 1.1689. Implementation period: 1–2 days. Use more opportunities of the NPBFX analytical portal: analytics You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on EUR/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted July 20, 2018 Author Share Posted July 20, 2018 NZD/USD: the pair shows ambiguous dynamics 20.07.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the NZD/USD for a better understanding of the current market situation and more efficient trading. Current trend NZD declined against USD on Thursday, returning to local lows of the beginning of the week. USD was supported by Fed Chairman Jerome Powell, who spoke on Wednesday at the Financial Services Committee of the House of Representatives of the US Congress, and by the Beige Book data. Powell noted that now the balance of the Fed reaches 4.5 trillion dollars, however, the program of bonds redemption proved its effectiveness, and there is no reason to drastically reduce the purchase yet. The process of normalizing the balance can take up to four years. As for the key US economic problems, he named the growth rates of public debt, exceeding the growth of GDP. In general, investors remain confident that the US regulator will raise interest rates this year two more times. Published on Wednesday evening, Fed's Beige Book reflected a moderate economic growth in 10 of the 12 US regions, which gave investors the hope of continued sustainable economic growth in the US, even in the face of growing trade disputes. Support and resistance Bollinger Bands in D1 chart grow insignificantly. The price range narrows, reflecting ambiguous trading dynamics. MACD reverses downwards forming a new sell signal (located below the signal line). Stochastic reversed downwards after an increase earlier this week. Current technical indicators remain uninformative. One should wait for clarification of the situation. Resistance levels: 0.6760, 0.6788, 0.6824, 0.6857. Support levels: 0.6712, 0.6686, 0.6650. Trading tips To open long positions, one can rely on the breakout of 0.6760. Take profit — 0.6824 or 0.6857, 0.6880. Stop loss — 0.6720. The return of "bearish" trend with the breakdown of 0.6712 or 0.6700 may become a signal for new sales with the target at 0.6650. Stop loss — 0.6730 or 0.6740. Implementation period: 2-3 days. Use more opportunities of the NPBFX analytical portal: weekly FOREX forecast You can learn more about the current situation and get acquainted with the weekly analytical forecast for NZD/USD in the "Video reviews" section on the NPBFX portal. Also weekly video reviews contain trends, key levels, trading recommendations for such popular instruments as EUR/USD, GBP/USD, USD/JPY, AUD/USD, Gold. In order to get free and unlimited access to video forecast and other useful instruments on the portal, you need to register on the NPBFX website. In order to get unlimited access to the Weekly FOREX forecast and other useful instruments on the portal, you need to register on the NPBFX website. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on NZD/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted July 23, 2018 Author Share Posted July 23, 2018 USD/CAD: wave analysis 23.07.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the USD/CAD for a better understanding of the current market situation and more efficient trading. Current trend The pair is in a correction, the fall is possible. On the 4-hour chart, the fifth wave of the higher level v of 1 is developing. Now the local correction is forming as a fourth wave (iv) of v, within which the wave c of (iv) is developing. If the assumption is correct, the pair will fall to the level of 1.2987. The level of 1.3291 is critical and stop loss for this scenario. Main scenario Short positions will become relevant during the correction, below the level of 1.3291 with the target at 1.2987. Implementation period: 5–7 days. Alternative scenario The breakout and the consolidation of the price above the level of 1.3291 will let the pair grow to the levels of 1.3500–1.3600. Use more opportunities of the NPBFX analytical portal: E-book If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more. You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/CAD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted July 25, 2018 Author Share Posted July 25, 2018 XAU/USD: mixed dynamics 25.07.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the XAU/USD for a better understanding of the current market situation and more efficient trading. Current trend Yesterday, gold price did not change much due to the mixed dynamics of the US currency, caused by a contradictory fundamental background. The precious metal was moderately supported by the news about China's economic stimulus, as this country remains one of its main importers. Today, the pair moves horizontally, and investors are waiting for the new drivers on the market. On Wednesday, US June New Homes Sales data will be published. After an increase by 6.7% MoM in the previous month, the indicator can decrease by 2.8% MoM. The main event of the week is Friday's US GDP Annualized release. According to preliminary forecasts, US Q2 economy accelerated from 2% to 4%. Support and resistance On the daily chart, Bollinger bands are steadily declining. The price range narrows from below, reflecting mixed trade moods. MACD indicator is growing, keeping a weak buy signal (the histogram is above the signal line). Stochastic reversed horizontally, reacting to Tuesday’s flat. At the moment, technical indicators do not contradict the development of corrective growth of the instrument in the short term. Resistance levels: 1230.00, 1237.60, 1245.61, 1250.96. Support levels: 1220.73, 1215.33, 1211.14, 1200.00. Trading tips Long positions can be opened after the breakout of the level of 1230.00 with the target of 1245.61 and stop loss 1220.73. Short positions can be opened after the breakdown of the level of 1220.73 or 1215.33 with the target at 1200.00. Stop loss is 1225.00 or 1230.00. Implementation period: 2–3 days. Use more opportunities of the NPBFX analytical portal: economic calendar Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration on the NPBFX website. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on XAU/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted July 27, 2018 Author Share Posted July 27, 2018 AUD/USD: wave analysis 27.07.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the AUD/USD for a better understanding of the current market situation and more efficient trading. Current trend The pair can grow. On the 4-hour chart, the downward trend has formed as a first wave 1 of (5) of the higher level, and the development of the upward correction 2 of (5) has begun. Now the wave w of 2 is developing as a flat (a)(b)(c), within which the wave (c) of w is forming. If the assumption is correct, the pair will grow to the level of 0.7540. The level of 0.7318 is critical and stop loss for this scenario. Main scenario Long positions will become relevant during the correction, above the level of 0.7318 with the target at 0.7540. Implementation period: 7 days and more. Alternative scenario The breakdown and the consolidation of the price below the level of 0.7318 will let the pair go down to the level of 0.7250. Use more opportunities of the NPBFX analytical portal: E-book If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more. You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on AUD/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted July 30, 2018 Author Share Posted July 30, 2018 XAG/USD: ambiguous dynamics 30.07.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the XAG/USD for a better understanding of the current market situation and more efficient trading. Current trend On Friday, silver prices rose, as the US dollar did not receive the expected support from published Q2 GDP data. However, further growth of the instrument was prevented by positive news around the process of negotiations between the US and Europe. The speech of US Treasury Secretary Stephen Mnuchin, published on Sunday, supported USD additionally. He said that the US economy would continue to grow for several years more. In addition, the minister did not focus on the problem of the high exchange rate of the national currency, as President Donald Trump recently did. Support and resistance On the daily chart, Bollinger bands are steadily declining. The price range is narrowing, reflecting a rather sharp change in the trade direction in the medium term. MACD grows, keeping a weak buy signal (the histogram is above the signal line). Stochastic did not react to the emergence of "bullish" dynamics at the end of the last trading week and is still directed downward, rapidly approaching its lows. It is better to wait until the situation is clear and keep some of the short positions in the short and medium term for some time. Resistance levels: 15.46, 15.60, 15.83, 16.00. Support levels: 15.30, 15.24, 15.09. Trading tips Long positions can be opened after the breakdown of the level of 15.46 with the targets at 15.75–15.83 and stop loss 15.30. Implementation period: 2–3 days. Short positions can be opened after a breakdown of the level of 15.24 with targets of 15.09–15.00 and stop loss 15.30. Implementation period: 1–2 days. Use more opportunities of the NPBFX analytical portal: analytics You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on XAG/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 1, 2018 Author Share Posted August 1, 2018 USD/CHF: wave analysis 01.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the USD/CHF for a better understanding of the current market situation and more efficient trading. Current trend The pair can grow. On the 4-hour chart, the fifth wave v of 1 is developing as a diagonal triangle. Now the local correction (iv) of v has formed. If the assumption is correct, the development of the wave (v) of v begins, within which the pair will grow to the levels of 1.0070–1.0115. The level of 0.9865 is critical and stop-loss for this scenario. Main scenario Long positions will become relevant during the correction, above the level of 0.9865 with the targets at 1.0070–1.0115. Implementation period: 5–7 days. Alternative scenario The breakdown and the consolidation of the price below the level of 0.9865 will let the pair go down to the levels of 0.9745–0.9670. Use more opportunities of the NPBFX analytical portal: economic indicators Regular monitoring of global economic indicators plays an important role in trading, because of their strong influence on FOREX market and possibility to provoke significant price fluctuations. For the convenience of traders the "Education" section on the NPBFX portal contains the most popular and significant world economic indices with a detailed description, their possible impact on the economy and exchange rates (GDP, consumer price index, unemployment rate, Nonfarm Payrolls (NFP), etc.). If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/CHF and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 3, 2018 Author Share Posted August 3, 2018 USD/CAD: wave analysis 03.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the USD/CAD for a better understanding of the current market situation and more efficient trading. Current trend The pair can grow. On the 4-hour chart, the fifth wave of the higher level v of 1 develops. Now the local correction has formed as a fourth wave (iv) of v. If the assumption is correct, the pair may grow to the level of 1.3500 within the wave (v) of v. The level of 1.2970 is critical and stop-loss for this scenario. Main scenario Long positions will become relevant above the level of 1.2970 with the target at 1.3500. Implementation period: 5–7 days. Alternative scenario The breakdown and the consolidation of the price below the level of 1.2970 will let the pair go down to the level of 1.2740. Use more opportunities of the NPBFX analytical portal: analytics You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/CAD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 6, 2018 Author Share Posted August 6, 2018 AUD/USD: wave analysis 06.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the AUD/USD for a better understanding of the current market situation and more efficient trading. Current trend The pair can grow. On the 4-hour chart, the upward correction of the higher level is developing as a wave 2 of (5). Now the wave w of 2 is developing as a flat (a)(b)(c), within which the wave (c) of w is forming. If the assumption is correct, the pair will grow to the level of 0.7540. The level of 0.7347 is critical and stop loss for this scenario. Main scenario Long positions will become relevant during the correction, above the level of 0.7347 with the target at 0.7540. Implementation period: 7 days and more. Alternative scenario The breakdown and the consolidation of the price below the level of 0.7347 will let the pair go down to the level of 0.7250. Use more opportunities of the NPBFX analytical portal: glossary Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on AUD/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 8, 2018 Author Share Posted August 8, 2018 USD/JPY: wave analysis 08.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the USD/JPY for a better understanding of the current market situation and more efficient trading. Current trend The correction is continuing, the price can fall. On the 4-hour chart, the correction of the higher level as a wave 2 of (C) is forming, taking a shape of an irregular flat. Now the wave c of 2 is forming, within which the wave (ii) of c has ended, and the wave (iii) of c is developing. If the assumption is correct, the pair will fall to the level of 109.35. The level of 112.14 is critical and stop loss for this scenario. Main scenario Short positions will become relevant during the correction, below the level of 112.14 with the target at 109.35. Implementation period: 5–7 days. Alternative scenario The breakout and the consolidation of the price above the level of 112.14 will let the pair grow to the level of 113.22. Use more opportunities of the NPBFX analytical portal: analytics You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/JPY and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 10, 2018 Author Share Posted August 10, 2018 EUR/USD: wave analysis 10.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the EUR/USD for a better understanding of the current market situation and more efficient trading. Current trend The trend is downward. On the 4-hour chart, the downward momentum of the higher level A of (2) forms. Now the fifth wave v of A is developing, within which the correction of the lower level has formed as a wave (ii) of v, and the wave (iii) of v is developing. If the assumption is correct, the pair will fall to the level of 1.1439. The level of 1.1621 is critical and stop loss for this scenario. Main scenario Short positions will become relevant during the correction, below the level of 1.1621 with the target at 1.1439. Implementation period: 5–7 days. Alternative scenario The breakout and the consolidation of the price above the level of 1.1621 will let the pair grow to the level of 1.1745. Use more opportunities of the NPBFX analytical portal: trading signals Make right trade decisions on sell or buy EUR/USD and other popular instruments using trading signals on the NPBFX portal. All registered users have free access to signals from the top 10 trading indicators (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) with also general recommendations on the portal. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on EUR/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 13, 2018 Author Share Posted August 13, 2018 NZD/USD: the pair remains under pressure 13.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the NZD/USD for a better understanding of the current market situation and more efficient trading. Current trend The pair finished last week with a steady decline, having updated its record low of March 2016. US July inflation data were ambiguous. Instead of the expected growth, CPI stayed at the level of 2.9%, and the base CPI rose from 2.3% to 2.4%, which keeps investors confident that the Fed will increase the interest rate two times this year, the nearest growth may be in September. As for the trade war news, China refused to imply increased taxes on the US crude oil supply. Probably, there is nothing to compensate for its PRC yet. However, the increase in tariffs will affect imported from the US diesel fuel, gasoline and propane. Friday stats from New Zealand failed to provide tangible support. In particular, the index of business activity in the manufacturing sector in July fell from 52.7 to 51.2 points. Support and resistance Bollinger bands on the daily chart are directed downwards. The price range is expanding in the lower part, but not as fast as the development of the "bearish" dynamics. The MACD indicator decreases, keeping the sell signal (the histogram is located below the signal line). Stochastic turned sideways in the oversold zone, which indicates the possibility of a corrective growth. Resistance levels: 0.6600, 0.6622, 0.6650, 0.6686. Support levels: 0.6560, 0.6534, 0.6500. Trading tips To open long positions, you can rely on the breakout of the level of 0.6600. Take profit – 0.6686 or 0.6712. Stop loss – 0.6550. Term of realization: 2-3 days. A confident breakdown of 0.6560 can be a signal for further sales with targets of 0.6500 and 0.6480. The stop loss is 0.6600. Term of realization: 2-3 days. Use more opportunities of the NPBFX analytical portal: e-book If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more. You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on NZD/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 15, 2018 Author Share Posted August 15, 2018 AUD/USD: the pair declines 15.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the AUD/USD for a better understanding of the current market situation and more efficient trading. Current trend Yesterday, AUD fell against USD, developing a downward trend and updating the lows since early 2017. Today, the instrument is under pressure of poor macroeconomic data from China. In particular, the Retail Sales in July rose by 8.8% YoY, which is by 0.2% worse than analysts' expectations. Industrial Production in July maintained its previous growth rate of +6.0% YoY, while the market expected the index to accelerate to 6.3% YoY. The pair continues to fall, and investors are waiting for July Australian labor market releases on Thursday. The "bearish" dynamic is supported by Westpac Consumer Confidence, which fell by 2.3% in August after growing by 3.9% last month. Support and resistance On the daily chart, Bollinger bands are steadily declining. The price range is expanding, but not as fast as the "bearish" trend is developing. MACD indicator decreases, keeping a strong sell signal (the histogram is below the signal line). Stochastic is pointing down, but is approaching its lows, which indicates the that the instrument is oversold. At the moment, the indicators’ readings do not contradict the development of the "bearish" trend in the short term, but a corrective growth is possible in the next few days. Resistance levels: 0.7222, 0.7260, 0.7290, 0.7322. Support levels: 0.7200, 0.7175, 0.7159. Trading tips Long positions can be opened after the rebound from the level of 0.7200 and breakout of the levels of 0.7222–0.7230 with the target at 0.7290 or 0.7322. Stop loss is 0.7200–0.7180. Short positions can be opened after the breakdown of the level of 0.7200 with the targets at 0.7159 or 0.7130–0.7120 and stop loss 0.7240–0.7250. Implementation period: 2–3 days. Use more opportunities of the NPBFX analytical portal: glossary Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on AUD/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 17, 2018 Author Share Posted August 17, 2018 USD/JPY: pair in flat 17.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the USD/JPY for a better understanding of the current market situation and more efficient trading. Current trend The US dollar rose slightly against the Japanese yen on Thursday, August 16, partially offsetting the sharp decline of the pair the day before. The corrective dynamics contributed to weak macroeconomic data from Japan. Published on Thursday, data on Japan's trade balance were negative. In July, it showed a deficit of 231.2 billion yen. At the same time, the import index increased from 2.6% to 14.6%, while exports decreased from 6.7% to 3.9%. According to the Ministry of Finance, the trade balance deficit was formed due to rising energy prices and an increase in the supply of medical products and aircraft products to Japan. In addition, investors drew attention to a significant reduction in investment in foreign bonds. Over the week of August 10, their volume fell from 1164 billion yen to 123.9 billion yen. Support and resistance Bollinger bands on the daily chart are directed downwards. The price range is slightly narrowed from above, reflecting the mixed nature of trading in recent days. The indicator MACD tries to turn upwards, keeping the former signal for sale (the histogram is located below the signal line). Stochastic turned down, reacting to a surge of «bearish» sentiment on Wednesday, August 15. The current indications of technical indicators remain contradictory and do not form clear trade signals. Resistance levels: 111.16, 111.52, 111.85, 112.13. Support levels: 110.73, 110.54, 110.25, 110.00, 109.76. Trading tips To open long positions, you can rely on the breakout of 111.16. Take profit – 112.00. Stop loss – 110.80. Term of realization: 2-3 days. Breakdown of 110.54 can become a signal to sell with the targets of 110.00 and 109.76. The stop loss is 110.85 or 111.00. Term of realization: 2-3 days. Use more opportunities of the NPBFX analytical portal: economic indicators Regular monitoring of global economic indicators plays an important role in trading, because of their strong influence on FOREX market and possibility to provoke significant price fluctuations. For the convenience of traders the "Education" section on the NPBFX portal contains the most popular and significant world economic indices with a detailed description, their possible impact on the economy and exchange rates (GDP, consumer price index, unemployment rate, Nonfarm Payrolls (NFP), etc.). If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/JPY and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 20, 2018 Author Share Posted August 20, 2018 GBP/USD: wave analysis 20.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the GBP/USD for a better understanding of the current market situation and more efficient trading. Current trend The pair is in a correction and can grow. On the 4-hour chart, the downward correction of the higher level develops as a wave (2). Locally the wave C of (2) is forming, within which the third wave of the lower level iii of C has formed as a momentum, and the upward correction iv of C is developing. If the assumption is correct, the pair will grow to the level of 1.2870. The level of 1.2660 is critical and stop loss for this scenario. Main scenario Long positions will become relevant during the correction, above the level of 1.2660 with the target at 1.2870. Implementation period: 5–7 days. Alternative scenario The breakdown and the consolidation of the price below the level of 1.2660 will let the pair go down to the levels of 1.2580–1.2500. Use more opportunities of the NPBFX analytical portal: analytics You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on GBP/USD and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted August 22, 2018 Author Share Posted August 22, 2018 USD/CHF: wave analysis 22.08.2018 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the USD/CHF for a better understanding of the current market situation and more efficient trading. Current trend The pair can fall. On the 4-hour chart, the first wave of the higher level 1 formed, and the downward correction develops as a wave 2. Now the local correction of the lower level b of 2 has ended, and the wave c of 2 is developing. If the assumption is correct, the pair will fall to the levels of 0.9745–0.9672. The level of 0.9978 is critical and stop loss for this scenario. Main scenario Short positions will become relevant during the correction, below the level of 0.9978 with the targets at 0.9745–0.9672. Implementation period: 7 days and more. Alternative scenario The breakout and the consolidation of the price above the level of 0.9978 will let the pair grow to the levels of 1.0115–1.0180. Use more opportunities of the NPBFX analytical portal: economic calendar Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration on the NPBFX website. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/CHF and trade efficiently with NPBFX. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now