generic dapoxetine priligy

Jump to content

avana dapoxetine
cialis soft 20mg

Photo

Daily Market Analysis from ForexMart


  • Please log in to reply
460 replies to this topic

#441 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 25 July 2017 - 09:14 AM

GBP/USD Fundamental Analysis: July 25, 2017

 

The British pound against the U.S. dollar has been in consolidation for the past 24 hours and it seems that the support is sufficient enough. This somehow gives a hint that the pair is ready to move up since there is a strong support in the 1.30 region. As the month end approaching, it is anticipated for the money flow to be different come to the end of the month and there will be choppiness in trades to keep the traders to be interested in the market.

 

The pair pushes to reach the 1.30 region and was able to sustain higher than the region majority of the day. For the first day of the week, both the volatility and liquidity was low since there is low trading activity. The pair attempted to reach the 1.3050 level for the day but was countered by strong selling that pushes it back with strong support towards the 1.30. It won’t be long when the next bullish trend happens to move towards 1.31.

 

Risks and uncertainties are still present in trading the pound amid the Brexit negotiation process and the market as a whole. This is why the GBP/USD pair has still not moved out of its restrictions. Although, the Bank of England supports the British currency through its statements and minutes of the meeting that increases the chances for a rate hike in the succeeding months. Yet just last week, the usual strong economic data from the U.K. has had a choppy trading mixed of good and bad results of the data. This has put pressure on the pound and had a big impact.

For today, there is no major news from the U.K. Even so, month end flows are expected to happen throughout the day that keeps the GBP/USD afloat.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#442 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 27 July 2017 - 07:19 AM

GBP/USD Technical Analysis: July 27, 2017

 

The British pound against the U.S. dollar moved sideways in the beginning of the Wednesday session. There is sufficient support found at the 1.30 level which pushes the trend to the upside. Later on, it is possible for the market to break the current psychological levels with the FOMC announcement to be released in the afternoon. Nevertheless, the markets were quiet as they wait for any hints from the Federal Reserve.

 

If traders can maintain traders more than the 1.30 level, the GBP/USD pair could move higher towards 1.3125 level and even much higher. There are still buying opportunities on the lows in the market since the British pound became cheaper.

 

Buying lows in the market are suggested instead of selling until a breakdown occurs below the massive support level. Unless it reaches lower than 1.2950, it is alright to sell the pair. However, if it drops even much lower, it is possible to drop even much more that would change the trend when it happens.

 

Buyers are more aggressive and it would not take long before they return to the market. If the trend gaps in the upper region, it will most likely reach the 1.3450 level which is possible after some time. Many major events that would come out from politicians could affect the British currency. The uptrend will presumably to continue in the long-term. Also, the pullbacks could offer opportunities in the market at a cheaper level.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#443 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 28 July 2017 - 07:20 AM

AUD/USD Technical Analysis: July 28, 2017

 

The Australian dollar rallied in the beginning of Thursday session. There is sufficient resistance found at the 0.8050 level to reverse the trend and drop lower than the 0.80 level. The 0.7975 handle is being tested as the support level which was the former resistance level.

 

A pullback gives out a buying opportunity although this has been resistive previously. Yet, the market would not have an easy time to move higher. Although after some time, the pair would continue to move on the upper side as the U.S. dollar will proceed in a subdued manner.

 

As expected, the gold market will have an impact on the Australian currency.Hence, when it surges, the Aussie will follow. If it can break successfully more the 0.8065 handle, then the market will aim for 0.81 level above as the next target then eventually towards the 0.82 level.

 

There are opportunities in the volatility of the Australian dollar as it is a strong currency because of gold and the depreciation of the dollar for long-term. After some time, there will be more buyers for the Australian dollar and look for much higher levels.

 

There is a possibility for a rebound close to the 0.80 handle despite the long-term direction of the market is upward which includes the Australian dollar and not just gold. There has been a pause in the rally of the U.S. dollar that brings some noise in the market as it has been moving subtly over the long-term. There is a likelihood for buyers to return to the market.  


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#444 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 31 July 2017 - 10:18 AM

USD/CAD Fundamental Analysis: July 31, 2017

 

The USD/CAD was able to obtain the highly-needed bounce on Thursday, which was previously mentioned since the week started. It is followed by the decline of the pair in the past few weeks because of the strong level in which the pair sits together with the possibility that this region is the buyer’s final stand.

 

As the strength of the dollar recovered, it helped the pair to soar high and affirmed lot of things in the following days. However, there is already a warning that the downward will be very intact and needed much time to return.

 

It is also mentioned that bears will use any bounce from the commodity-linked pair as an opportunity to sell prices highers. Any hints of recovery seen on Friday had plunged conclusively while the USDCAD appeared to be weak as usual.

 

The sluggish stance was triggered by the GDP figures of Canada and the United States. But the US data showed a marginally better than expected, while the Thursday’s data from the US prompted the market to have higher expectations from the gross domestic product. On one side, the Canadian GDP came in very strong and able to have another rate increase soon.

 

This led to a reversal of the whole trend since yesterday and the pair lies in below the 1.24 level which might become weaker.

 

Ultimately, there are no any major economic releases either from US or Canada. Therefore,  consolidation is safely expected together with ranging of the dollar which is at disadvantage because of the developments over the White House during weekends.

 

Furthermore, it is predicted the USDCAD to remain in pressured area as the markets look forward to a plenty of data expected in the latter part of the week.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#445 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 02 August 2017 - 10:15 AM

GBP/USD Technical Analysis: August 2, 2017

 

There is high volatility during the Tuesday session as it reached the 1.3250 level but was reversed later on. It seems that the 1.32 level is being supportive as the trend proceed moving higher.

 

A break lower would push the market for a support towards 1.3150 level then to 1.31 level. The British pound is going to be sensitive to a lot of noise which is anticipated as amid the negotiations from the European Union and the United Kingdom. Hence, traders should be cautious of the of any abrupt changes in this pair.

 

The bullishness could persist for the long term. Although, this has been quite extended in the present time. A pullback opens more opportunity to make use of the current value. The market could target for a 1.3450 level above which the peak of the consolidation for the past few months.

 

However, if the market successfully gaps higher than the 1.3450 level, the next retest would be at 1.35 handle. A breakout would mean large bullish tone but it will not be long before the currency starts to rally once again. There will be high volatility from the start until this period ends.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#446 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 03 August 2017 - 08:11 AM

GBP/USD Fundamental Analysis: August 3, 2017

 

The main focus for today will be on the sterling pound as there are an expected economic releases and other data from the United Kingdom for this day. We await for the UK inflation hearings along with the rate announcement of the Bank of England to be issued. Also, BOE Governor Mark Carney will conduct his speech, therefore these events would likely cause high volatility for the GBP/USD.

 

The central bank of England was hawkish during their last meeting which led few markets to think that rate hike is possible sooner or later. There are three BOE members who agreed for a rate increase which triggered confidence for some markets, however, this only accounts a small portion of the market because the majority still believes that the bank will maintain its benchmark.

 

This is considered a logical approach regarding the continuous financial circles of Britain which could be a turmoil caused by the Brexit procedures. Moreover, a lot of things remain unclear, particularly the results of the referendum process in determining if it will a soft or hard Brexit. Due to many uncertainties, it is absurd for the BOE to make an increase and most likely, they want to see first the effect of the Brexit negotiations prior making such decisions.

 

The pound-dollar resume to consolidate yesterday and the range near the highs of its range are expected for this very important day. In case that the BOE decided to kept rates steady, the Cable is anticipated for further correction. The 1.3250 level serves as the ceiling at this moment.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#447 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 04 August 2017 - 07:01 AM

EUR/USD Technical Analysis: August 4, 2017

 

The results of the European yields were mixed as it restricted the uptrend of the euro which signifies that Draghi has successfully kept the rates low. The ECB sees the need for the continuous support because of the less than expected result of the PMI. The European retail sales set in stronger than anticipated but this was countered by high jobless claims.

 

The EUR/USD was not able to surpass yesterday’s range but was able to increase the support level. Nevertheless, the trend persists to be positive with the support close to the 10-day Moving Average at 1.1747. The resistance level is seen close to the weekly highs at 1.1910.  

 

Overall, the momentum is optimistic with the MACD histogram shown a black indicator with an upward sloping direction that could lead to a higher exchange rate. The RSI positioned higher with the price indicating a positive momentum upward. Currently, the price is set at 77 which is higher than the trigger level 70 to enter the overbought area. Hence, a correction is possible to occur.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#448 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 10 August 2017 - 09:42 AM

EUR/USD Technical Analysis: August 10, 2017

 

The Euro against the U.S. dollar moved sideways during the Wednesday session and consolidates higher than the 1.17 level. If a breakout occurs higher than the 1.1765 level, the trend goes climb higher.

 

For long-term, the trend has not successfully declined enough to sustain the level. There have been two impulsive moves headed downward and there is a chance for this to further decline. If a breaks down lower than the 1.1680 level, the price could further go down towards 1.16 level.

There is significant volatility in the market as it abruptly moves sideways and adjusted higher or lower as traders have made an unexpected move. During this time of the year, there is usually low liquidity since most senior is a holiday in big trading desks. Hence, this leaves the market a bit dormant.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#449 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 24 August 2017 - 09:38 AM

GBP/USD Technical Analysis: August 24, 2017


There was a choppy session in trading British pound against U.S. dollar on Wednesday. Traders were unsuccessful in their attempt to bring the price higher. There was a breakdown at the level of 1.28 which gives a bearish tone in trading. Although, the 1.2850 level and above could offer sufficient selling pressure to reverse the trend. It is advisable to sell in short-term rallies as the market continues to be cautious to possess the British pound ahead of the negotiations.


A resistance is found at the 1.29 level which could appeal to sellers between the levels of 1.2850 and 1.29. On the other hand, a break lower than the lows of the day could lead to a further decline with a short-term target of 1.2650 level.

 

Andrea ForexMart, Official Representative

 

150x35_banner6.png


#450 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 26 August 2017 - 08:02 AM

USD/CAD Technical Analysis: August 25, 2017


During the Thursday session, the U.S. dollar dropped against the Canadian dollar as it reached the 1.25 handle once again. If the market was able to breakout below, this could fasten the pace to proceed downhill. Although, this would not be a facile process. A rebound is also plausible which is already foreseeable if it happens but the 1.26 level remains resistive. A breakout in the upper channel which would have a big influence to the pair as traders react to the speech with Janet Yellen for today. Volatility could exist in the market, despite the ones in power are the sellers.

 

Andrea ForexMart, Official Representative

 

150x35_banner6.png


#451 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 31 August 2017 - 04:29 AM

EUR/USD Fundamental Analysis: August 30, 2017

 

The rates are still maintained despite high volatility during the Tuesday trading session. The volatility is not surprising as the market reacted to the speeches from Draghi and Yellen on Friday. The speeches finished late for the day when the U.K. market closed as well as on Monday which is a holiday in the U.S.

 

Volatility is already anticipated which is what happened yesterday. Furthermore, the monthly end currency flow added to it. It supported the pair to move higher over the 1.20 level as it moved towards 1.2070 prior to the U.S. session. Higher global risk also partly contributed to the movement which directly involves the U.S. as the DPRK persists to threaten with different missile tests. Nevertheless, the situation has been handled pretty well and the same time supported the dollar to strengthen in the later in the day.

 

There was a correction seen that further pushed the pair towards the 1.20 level that closed the day when it started. The movement occurred quite fastly as traders are anxious on how long the trend will last. They are also cautious and trying to see how long before the ECB will intervene in the event of strong euro. These have had a big impact on euro and there will most likely be choppiness for short-term.

 

For today, the preliminary GDP data and the ADP report from the U.S. are anticipated to be released today which could greatly affect the pair and monitor its impact on the increase of rates. This would also determine if it big enough for the Fed to proceed with a quick rate hike by the end of the year. Hence, volatility is already anticipated and the holiday period is about to end as the EUR/USD pair would have a big change in action for short-term.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#452 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 06 September 2017 - 08:47 AM

EUR/USD Technical Analysis: September 6, 2017

 

The EURUSD moved sideways during the opening of Tuesday’s session, however, Americans have returned to market and bought the single European currency. Another attempt to touch the level 1.20 was made and expected to offer some psychological resistance. As it may be a reversal of the risk off sentiment that was felt across the board. Nevertheless, Americans are planning to embrace the risk on attitude within the currency markets.

 

The weakness of the greens were generally seen, hence the euro-dollar pair attracted further gains. A close over the 1.20 region based on a daily close has the potential to push the market higher in the longer-term and the targets remains on top of 1.25 level.

 

Pullbacks keep on buying opportunities and later on will obtain an impulsive trend to move upwards. But, it should be noted that the 1.20 area is highly significant. Several opportunities could probably appear, however patience is very necessary to find the pullbacks which could provide signals when is the best timing to be involved in the market.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#453 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 07 September 2017 - 07:40 AM

EUR/USD Fundamental Analysis: September 7, 2017

 

As the week begins, the EUR/USD was seen consolidating and trading in a tight range which continues in the past 24 hours. But it is possible to change its course after the next 24 hours since the markets will draw their attention towards the single European currency, also with the plan of the European Central Bank in the near term.

 

The euro-dollar pair hovered at the level of 1.19 in the following day, however, there are no hints of any specific trend. Generally, markets appeared to be in a consolidation mode because traders and investors are waiting for the situation to become normal and calm again.

 

The tension and global risks remain high as the market somewhat predicts for an approaching attack from the Democratic People's Republic of Korea. With this, the dollar weighed down with a lot of pressure since Monday.

 

However, the focus for this day could possibly be in the euro due to the announcement made by the ECB about interest rates which is followed by a press conference. The central bank planned to maintain the rates steady and this is what M. Draghi expected to say during the press con. Hence, this will determine the direction of the EUR in the short term.

 

The ECB is now very cautious about the strengthening of the euro as the bank failed to reverse or change the fundamentals and planning to put euro in a bid in order to limit the currency’s strength. If Draghi did not do so, then it is expected the EUR/USD will move under the 1.19 handle and drove near 1.18 in the near term. Otherwise, the pair will return to its highs at 1.2070 again.

 

Ultimately, there are no major releases from the United States or from the euro region. Therefore, the focus will turn to the developments in Korea, as well as to the ECB.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#454 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 07 September 2017 - 08:10 AM

USD/JPY Fundamental Analysis: September 7, 2017

 

The U.S. dollar against the Japan yen was traded lower during the beginning of Wednesday session. Yet, the market has bounced off and almost kept the rate as it reached low levels at 108.441. For the week, the trading situation gives a similar outlook after the missile launch by North Korea over Japan.

 

The USD/JPY pair was seen positioning at 108.724 and declined by 0.078 or -0.07% at 10.21 GMT. The USD/JPY pair closed the session at 0.884 down by -0.81% on Tuesday.

 

The Forex pair dropped with the current tension with North Korea as well as the rhetorics from Fed speakers. Traders are getting anxious prior to the monetary policy decision of the European Central Bank on Thursday.

 

Investors keep on reacting to the happenings in the North Korea and the price movement of the safe haven assets. Moreover, the stock market compellingly suggests that traders are concerned with the minimal progress towards the lowering the threat of a nuclear war.

 

Traders have been anxious with the issue on North Korea especially since the next nuclear test will happen on Sunday. Across the globe, this act was being contradicted as the price movement in the stock market where more investors are being disappointed since there is lack of progress in controlling the situation.

 

The USD/JPY pair will most likely continue trading with the influence of the U.S. Treasury yields and opinion of investors. The price action of the U.S. Treasury yields which is supported by the economic data and Fed speakers. Reactions of investors are influenced by the geopolitical events about North Korea.

 

Some minor U.S. data such as Trade Balance, Final Services PMI and the Fed Beige Book and the major report on the ISM Non-Manufacturing PMI will be released on Wednesday. The anticipated figure will be 55.8 and increased from 53.9.

 

The whole report may not be that relevant and move the pair. Also, the investors will center its attention on North Korea since this is unpredictable. Fears of uncertainty are reflected for the first time with investors who are taking off setting positions in the stock a market and place the money in safe haven assets. Traders should monitor for another stock sell-off for today.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#455 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 08 September 2017 - 07:23 AM

USD/JPY Technical Analysis: September 8, 2017

 

The US dollar weakened versus the safe-haven Japanese Yen amid Thursday’s session and tested the 108.50 handle. This level appeared to be an interesting area because it is the bottom of the longer-term consolidation. A close under this region of the daily candle will push the market downwards through the next major support hurdle, which is the level of 105 below.

 

Otherwise, when the market rebounded from that point, then it is possible to return to the 109.50 mark. It will take some time for the market to declare their targets and we are currently at a very significant region on the longer-term charts.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#456 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 11 September 2017 - 06:50 AM

USD/JPY Technical Analysis: September 11, 2017

 

The U.S. dollar against the Japanese yen had a significant breakdown during the Friday session. Nevertheless, the market proceeds to move downward and a breakdown lower than 108.0 level gives a negative outlook. Hence, this could lead to a further decline and even lower than the 105 level. This gives a very pessimistic outlook and the concept of the Federal Reserve in not raising its interest rates for short-term would persist to have an effect on the market. It is next to monitor the equities which would also influence the next movement of the pair.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#457 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 13 September 2017 - 06:54 AM

EUR/USD Technical Analysis: September 13, 2017

 

European yields increased again together with the stabilization of risk appetite and revival of the global stock market that keeps buoying the EURUSD pair.

 

Eurozone peripherals had performed better while the European Central Bank assures for a cautious move as it prepares to ease off the stimulator. Meanwhile, the chain store sales of the United States declined after the destructive hurricanes Harvey and Irma that are predicted to put pressure on the national figures for this week.

 

The German economic ministry anticipates slow growth in the H2, which implies that employment growth might curb sentiment.

 

The euro-dollar pair formed another Doji day showing the opening and closing level were at the same point reflecting an indecision. The support highlighted the 1.1937 level close to the 10-day moving average. While the resistance came in at 1.2092 near the September peaks.

 

The momentum is in the neutral position and the MACD (moving average convergence divergence) indicator prints around the zero index level linked with a flat trajectory that shows some consolidation. Moreover, the  RSI (relative strength index) known to be a momentum oscillator that assesses the increasing or decreasing momentum. The index prints a reading of 59 in the middle of the neutral range, which also indicates further consolidation.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#458 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 14 September 2017 - 07:54 AM

USD/JPY Technical Analysis: September 14, 2017

 

The U.S. dollar versus the Japanese yen rallied to the upper channel during the Wednesday session and there is an unabating buying pressure. The discussion on tax reform from the United States further worsens the situation since it came out earlier than expected. On the other hand, this is favorable for the greenback. This makes more U.S. companies more aggressive and in all likelihood boost the U.S. economy. On this condition, it is presumed that buyers will enter the market and attain the level of 111. If the market successfully breaks out, there is a potential for the price to move much higher.  


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#459 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted 15 September 2017 - 08:40 AM

GBP/JPY Technical Analysis: September 15, 2017

 

The British pound moves sideways during the beginning of the Thursday session. This surged to the upper channel after the Bank of England hinted that there will be interest rate hikes soon.

 

Hence, the market will most likely proceed with buying on the lows and it may not be wise to short this pair for now. For long-term, the pair will try to reach the 150 handle and above. Selling will be difficult for this pair and the 145-level or lower will continue to support the market which gives a bit of a bullish pressure.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#460 Andrea ForexMart

Andrea ForexMart
  • Members
  • 688 posts

Posted Yesterday, 09:15 AM

EUR/USD Technical Analysis: September 19, 2017

 

The euro-dollar pair remained almost unchanged as it stayed in the level 1.1953 under the 10-day moving average. On the other hand, the inflation came in at 1.5% which is lower the 2% target of the European Central Bank. Now, traders’ attention was turned to the Fed Reserve meeting on September 19 and 20, but there is no any expectations for the meeting. Moreover, the Fed had mentioned some ways in managing the bond purchase program. Contrarily, the Bundesbank assumes that growth will slow down in the second half of the fiscal year.

 

The EURUSD consolidated prior the meeting of the Federal Reserve which is scheduled tomorrow. The pair’s support hit the 1.1834 mark which is seen around the lows of the previous week. The resistance highlighted the region 1.2092 around the highs last week.

 

The momentum maintained a negative stance while the MACD (moving average convergence divergence) indicator prints in the red with a descending trajectory, pointing to lower exchange rate.


Andrea ForexMart, Official Representative

 

150x35_banner6.png





0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users

drospirenon yasmin
buy priligy