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Vista Brokers: Fundamental Background Supported Dollar

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On Friday, the dollar has increased to the highest in the last month and a half level relative to other major currencies. Vista Brokers analysts say that the American currency was supported with fresh statistics from the USA, which gave another argument to expect the Fed's rate hike in the near future. Recall that the head of the Federal Reserve Janet Yellen has recently confirmed that the rate will be increased this year, but only if the statistics satisfy the regulator.

Over the past week data
were multi-directional, but in general, the situation in the US economy looks optimistic, especially when compared with the euro area with its debt crisis and a slowing Chinese economy. On Friday was published data on changes in the consumer price index, and as forecasts had predicted, in June the index rose by 0.3% mom and by 0.1% yoy.

Also note that the data on the real estate market, namely building permits a
nd housing starts in the United States came out much better than expected. A fly in the ointment was only the index of consumer sentiment from the University of Michigan, which in July has dropped from 96.1 to 93.3 vs. 96.0. Nevertheless, the dollar index has increased by 0.20% to 97.97 (maximum from June 2). The EUR / USD has finished the day at around 1.08287.

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EUR / USD. Bears Prepare for New Challenges

During the last week the US dollar has significantly strengthened its position against the European currency. Thus, investors preferred to increase purchases of the currency amid fairly aggressive statements of Fed's head Yellen and upbeat statistics from the USA. At the moment, the pair has reached the important support level (3 months low), and here can determine a vector of trading for coming days and even weeks.

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Today, in the absence of important statistical releases, the technical picture will draw more attention. Thus, in the case of the above mentioned support level breakthrough at 1.0820, a downward momentum could accelerate, and the twelve-year minimum set in March (1.0460) can become a target for short positions.

Volatility: 43%
Trend:
bearish
Fundamental background:
low

GOLD. Generosity without Example

Today's gold sales look truly epic even after the already large-scale quotes reduction due to the breakthrough of technical support levels we have mentioned in previous reviews. The effect of the mass stop orders execution below $ 1,140 per ounce, has given a downward momentum so strong acceleration, that today investors witnessed the achievement of the 1064 level. So, today gold has lost about 6.5%. Vista Brokers analysts note, that events are developing so rapidly that a large part of the decline has already been neutralized from the recent months downward channel line.

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It is recommended to hold short positions opened on a 1140 level breakthrough and be ready to add volume using retracements.

Volatility: 23%
Trend:
bearish
Fundamental background:
low

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Vista Brokers: Quiet Trading, Strong Dollar

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On Monday trading was quiet and the US dollar remained at 3-months highs vs. its major competitors in Forex. Vista Brokers analysts note that the US currency continues to receive the tremendous support from the maturing market confidence that the Fed will raise the interest rate in the near future. In the new data absence traders in EUR/USD continued to take a lead from statistics published on Friday, and in particular, data on inflation in the USA.

Read full daily analysis at Fundamental analysis of Vista Brokers

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Vista Brokers: RBA and BOJ still Bear up for Monetary Easing

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Asian stock market is rising after minutes publication in Japan and Australia. The Reserve Bank of Australia and the Bank of Japan both have shown that they bear up for a policy of monetary easing at their last meetings. Amid this the main Japanese Nikkei index has added 0.55% and the S & P / ASX - 0.29%. Meanwhile, China's Shanghai Composite and Hang Seng have gained 0.26% and 0.39% respectively. Just published at Fundamental Analysis of Vista Brokers

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EUR / USD. Bears Are Waiting for Motive

The important support level we have mentioned in our previous review of (3-month low) stood out on Monday.

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Nevertheless, consolidation can be explained by purely technical factors, so we must not relax yet. Discover more at Technical Analysis of Vista Brokers


GOLD. Things are Moving

Gold has rebounded from the downtrend resistance line.

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Are there any reasons to buy now? And what do trading experts recommend to do? Find out at Technical Analysis of Vista Brokers

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Market Outlook According to the Method of Bill Williams: GOLD

The position to sale from 1159.97 remains relevant for XAU/USD.

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We should be prepared for a possible emergency profit fixing on this position. Do you want to know why? Then you should go to Vista Brokers Technical Analysis.

Market Outlook According to the Method of Bill Williams: USD / JPY

USD/JPY continues to increase slightly, without any serious fluctuations.

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We have the long position from 122.87 and some additional trading signals. Get more information at Vista Brokers Technical Analysis.


Market Outlook According to the Method of Bill Williams: EUR / USD

Our trading position in EUR/USD may be closed soon, so we should be prepared.

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Let's find out how to get profit in this situation. Discover it at Technical Analysis of Vista Brokers.

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EUR / USD. Support Stood out

Bears in EUR/USD didn't overcome the support level of 1.0817, which has led to massive profit-taking.

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Vista Brokers analysts have a trading strategy for this situation. Find out more at Technical Analysis Section.


GBP / USD. Situation is Heating up

It seems that GPB has started to leave the calm state prior to today's publication of BOE meeting minutes.

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The main rate was kept at 0.5% for a long time, but this may soon change. Be kept up-to-date on the situation with our Technical Analysis.

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Vista Brokers: Oil Falls prior to US Data

WTI futures have dropped to a more than 3-month low amid speculations in the market about today's data from API.

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Oil is under pressure, not only because of finished negotiations on Iran. There are also some other factors of pressure. Discover them all at Fundamental Analysis of Vista Brokers

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Market Outlook According to the Method of Bill Williams: USD / JPY

What influence yesterday's collapse in risky assets' markets had on USD/JPY?

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It has triggered profit-taking on our existing trading position and we have already opened the new one. Wind is changing fast, so be ready! Discover more at Technical Analysis of Vista Brokers.

Market Outlook According to the Method of Bill Williams: EUR / USD

We have already fixed profit on our short position in EUR/USD.

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This pair is still influenced much with fundamental factors, but the main advantage of Bill Williams system is that we do not pay attention to them – only technical analysis shows us the way! Discover more at Technical Analysis of Vista Brokers

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Market Pulse 07/23

On Thursday, the most important Forex releases are expected in the European and American trading sessions.

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Retail Sales in the UK and Canada, Unemployment Claims in the USA. What other information needs your attention? Find out at Fundamental Analysis of Vista Brokers.

Vista Brokers: Greece Voted for New Reforms

EUR/USD fluctuations are uneven amid the fundamental background.

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Greece continues to influence the Forex market and cause sharp jumps of currencies. Get the wind of trends from Vista Brokers Fundamental Analysis.

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GOLD. Everything Is Proceeding According to Plan

Yesterday XAU/USD has closed in the red zone again.

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Why financial flows are now rushed high-risky assets? And what Vista Brokers analysts recommend to do now? Find out at our website.

USD / CAD. Bulls Are Preparing for Breakthrough

A potential upward trend in USD/CAD does not cause any doubts now.

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But bulls have to overcome the important resistance level for further movement. When it would happen? Vista Brokers analysts have their opinion. Discover it at the website.

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Vista Brokers: Euro Reasserts Itself

Did you know that one of the most important economic indicators in the USA is now at its best level since 1973?

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Of course it increases chances that the Fed will soon raise interest rates. Always stay tuned with Vista Brokers Fundamental Analysis.

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GBP / USD. Bulls Drop back

Bears did not have enough strength to overcome an important resistance level after the weak retail sales data in the UK.

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Now market players have taken a time-out before deciding what to do. Discover more at Technical Analysis of Vista Brokers

USD / CAD Is Waiting for Momentum

USD/CAD quotes are currently close to the multi-year high at 1.3063 but bulls do not dare to break it yet.

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Perhaps, the situation will change soon, Discover more at Technical Analysis of Vista brokers.

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Market Outlook According to the Method of Bill Williams: GOLD

Gold continues to move in the downward trend and we still have a short position in the market.

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Bill Williams system rules tell us where to put a conditional stop-order. Read more at Technical Analysis of Vista Brokers

Market Outlook According to the Method of Bill Williams: USD / JPY

USD/JPY has passed the red Alligator's line so we have closed the position and put some pending orders.

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Traders are always up in arms with a Bill Williams system. Discover more at Technical Analysis of Vista Brokers

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Market Pulse 07/27

Today, the new week in Forex market starts from IFO statistics in Germany and data on durable goods in the USA.

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We wish you interesting and full of profit trading week. Read more at Vista Brokers Fundamental Analysis.

Vista Brokers: Business Activity in Euro Zone Is Getting Worse

On Friday there was a lot of disappointing statistics for EUR, as well as for USD.

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Due to expectations of the Fed rate hike, the market is very sensitive to American statistics, and it gave EUR/USD a chance to increase. Find out more at Fundamental Analysis of Vista Brokers.

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Market Pulse 07/28

News calendar is not too saturated today, but some important data will be released in the UK, the USA and Canada.

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The US consumer confidence indicator may give investors guideline prior to the Fed meeting. Read the full version at Fundamental Analysis of Vista Brokers.

Vista Brokers: Market Worries prior to Fed Meeting

On Monday EUR/USD flew to space amid concerns prior to the Fed meeting.

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The US economy recovers, but not so steady. So will it be enough for the Fed to rise the interest rate this year? Discover more at Fundamental Analysis of Vista Brokers.

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