generic dapoxetine priligy

Jump to content

avana dapoxetine
cialis soft 20mg

Photo

Daily Market Analysis from ForexMart


  • Please log in to reply
483 replies to this topic

#41 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 31 August 2016 - 09:39 AM

Fundamental Analysis for AUD/USD: August 31, 2016

 

The AUD/USD pair went up by a few trading points but had limited gains as the US Dollar continued to increase its value. The release of the housing data yesterday caused building permits to go above as expected. In July 2016, the volume of approved houses went up by 0.2%,  necclinching an eight-month steady increase, according to the Australian Bureau of Statistics.

 

In the area of New South Wales and Victoria, the total number of approved houses surged in July by up to 2.4% but has seen a drop in the area of Queensland, Tasmania, and Australian Capital Territory. The AUD is presently trading at 0.7571, a drop from its previous weekly high. Meanwhile the USD is steadily increasing after the Fed statement in Wyoming.

 

After the non-farm payrolls data were released last Friday, the USD index rallied as the market adjusts into a steady holding pattern.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#42 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 31 August 2016 - 10:37 AM

GBP/USD Technical Analysis: August 31, 2016

 

Subsequent to the weak data introduced on Thursday is the debilitation of the sterling whilst the dollar stay behind its strong position even when the Fed announced the imminent raise for the rates intended this current year.

 

The pair drawn against its weekly low throughout the trades done on Thursday but the British pound demonstrated a positive gains. GBP/USD resistance is positioned in the 1.3200 level, its support moves in the 1.3100 level.

 

The two main indicators had a negative feedback. The MACD signaled strength for the sellers, at the same time the RSI shifted in the oversold area. The pair price recurred under the 50-EMA in the 4-hour chart. It is speculated that GBP/USD will have a downtrend when the level of support falls into 1.3050.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#43 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 01 September 2016 - 08:33 AM

Fundamental Analysis for USD/JPY: September 1, 2016

The USD went up slightly higher than the JPY during Wednesday’s session as investors are waiting for the latest updates on the economic status of the United States. The USD/JPY pair is currently trading at 103.259 points, going up by +0.30% or 0.304. Volatility and volume levels were on a below average level since majority of the currency players in the market are staying on the sidelines prior to the release of the US Non-Farm Payrolls report on Friday, which will be determining the frequency and timing of the oncoming Fed rate increases.

 

Tuesday’s trading session saw an increase in the USD/JPY pair, after the consumer confidence report in August showed an increase at 101.1, its highest in a year. However, newfound concerns regarding the overall state of the Japanese economy arose as the release of industrial production figures for Japan surprised economists who were expecting two consecutive monthly gains, insinuating the possibility that the Japanese economy might be failing to sustain its progress for the third quarter.

 

Traders and investors are now waiting for the US ADP Non-Farm Employment Change Report, which is expected to show an increase in jobs offered by the private sector. A below average data could further weaken the USD/JPY, but the onset of the release of the Non-Farm Payrolls Report on Friday might help in alleviating possible losses.

 

Andrea ForexMart, Official Representative

 

150x35_banner6.png


#44 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 01 September 2016 - 10:01 AM

EUR/USD Technical Analysis: September 1, 2016

The results of the US ADP survey made an impact over the possibility of the price hike set by the Fed. Dollar is up on today's trading and perpetuated a bullish view. EURUSD attained 3 week lows in the rear of the ADP employment report favorable results. The pair is moving south with a descending trendline while the 50, 100 and 200 Day EMAs are drawn away to the pair price. The indicators stands in the negative area, MACD and RSI signaled a bearish pattern. Level of resistance exists at 1.1200, support is seen at 1.1130.

 

The EUR/USD is speculated to remain in the support level of 1.1130, in case that the currency pair failed to maintain its current support then the momentum investing will be altered with 1.1070.

 

Andrea ForexMart, Official Representative

 

150x35_banner6.png


#45 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 02 September 2016 - 09:02 AM

Fundamental Analysis for EUR/USD: September 2, 2016

 

 

The EUR/USD pair went down by 6 points today as the unemployment rates in the European Union went up and the USD continued to strengthen. The PMI data for the eurozone also came out lower than expected at 51.7 points. The EUR is currently trading at 1.1151, indicating that the pair is currently at the bottom rung of its trading range.

 

 

The US jobs data showed an additional 177,000 jobs in the private sector last month, with a significant number of firms and industries adding up their payrolls. On the other hand, last week’s Fed statement are hinting at a possible interest rate hike in September, and if the payroll data comes out stronger than expected, investors should expect an increased volatility in the market.

 

 

During the past five years, the August data for US Non-Farm Payrolls has always been erratic, and it is expected to miss again for this period. Traders are then warned of sudden price moves among all asset classes due to the said positions, regardless of whether the data comes out as positive or negative.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#46 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 05 September 2016 - 09:43 AM

EUR/USD Technical Analysis: September 5, 2016

 

 

The EUR/USD pair whipsawed after the release of the US Non-Farm Payrolls report. The initial expected data was an increase of 180,000 jobs which led to a disappointment in the market as the pair topped out at 1.1252 before going below the the 10-day moving average at 1.1221 points. The currency pair’s exchange rate went up above the support line near the 10-day moving average at 1.1124 points. The RSI is currently reading at 46 points in the middle of the neutral range.

 

 

In August, the data for the US non-farm payrolls went up by 151,000, falling short of its expected release after the 275,000 upsurge in July. The 3-month average is presently at 232,000, while the labor data increased by up to 176,000 while the household employment data also increased at 97,000. Unemployment rates were stagnant at 4.9% with participation rates on the neutral at 62.8%. Meanwhile, the average hourly earnings for July surged by 0.1% from its previous rate of 0.3%.

 

Andrea ForexMart, Official Representative

 

150x35_banner6.png


#47 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 06 September 2016 - 08:20 AM

Fundamental Analysis for EUR/GBP: September 6, 2016

 

 

The EUR/GBP traded higher by 3 points, going up at 0.8403. However, the pair still remains at the bottom rung of its trading average since the GBP has been bouncing back during the past sessions, especially since UK economic data reports has shown that the Brexit vote did not have that much of an adverse effect to the economy in contradiction to the initial speculations. Financial institutions such as the IMF has also stated that they are now reevaluating the situation since the Bank of England’s foresight has prevented further damage to the UK economy.

 

 

Meanwhile, the EUR went slightly higher at 84 pence. However, this is not far from Friday’s all-week low of 83.76 points. The construction and manufacturing surveys for the eurozone showed a major comeback, while the manufacturing PMI data recovered from July’s three-year low and traded at 53.3 points in August, its highest trading point reached in 10 months. On the other hand, the construction PMI data went up to 49.2 points from July’s 45.9 points, going over the speculations indicated in economic polls.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#48 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 06 September 2016 - 09:43 AM

AUD/USD Technical Analysis: September 6, 2016

 

 

In consonance with the report of the Australia Company Gross Operating Profits the Aussie demonstrated a good growth. The pair continued to flourish during the first day of the week. The buyers are able to drive the price level to 0.7600 as it became the turning point of the pair which marginally lose edge.

 

 

Moving averages keep on the neutral position as presented in the 4-hour chart. Resistance is seen at 0.7600, support is at 0.7540.

 

 

MACD lies near through the centerline. So in case that the histogram indicated a negative position the seller's strength will bolster but if it pierced within the positive territory, it will allow the buyers to rule the market. The RSI comes in at the overbought territory.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#49 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 07 September 2016 - 09:31 AM

Fundamental Analysis for NZD/USD: September 7, 2016

 

 

The NZD/USD pair weakened in relation to the USD, trading at 0.7231 points after the Reserve Bank of Australia held fast to its interest rates and monetary policies. The NZD might increase after the release of data from the GlobalDairyTrade auction tonight, where there is an expected surge in the prices of milk powder. Traders and speculators are now monitoring the data for wholesale trade for the second quarter, as well as an update on the RBA’s interest rates.

 

 

On the other hand, borrowers are expecting even lower interest rates following low inflation rates. Statistics New Zealand released a report last Monday showing that the Consumer Price Index went up by 0.4% as of June 30. The RBA is predicting that inflation rates would go up by 0.6%, and economists are now expecting the bank to cut down its cash rates by up to 2%.

 

 

Westpac has also stated that based on the market prices of financial products, there is now an 80% chance of the RBA cutting down the OCR by up to 70% prior to the release of rates.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#50 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 07 September 2016 - 09:59 AM

EUR/USD Technical Analysis: September 7 2016

 

 

The report of the Non-Manufacturing PMI established a slowdown result which also weakened the US dollar and lowered its monthly performance.

 

 

During the Asian and Europe session held yesterday the pair existed in the pressured area near the level of 1.1130.

 

 

EURUSD interrupted the 1.1200 level then headed in the level of 1.1270. The pair also receded the moving averages 50,100 and 200 furthermore shifted toward the north direction. The resistance approached the 1.270 level whereas the level of support is set at 1.1200.

 

 

MACD indicated a softened position of the sellers. RSI moves closer to the overbought condition.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#51 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 08 September 2016 - 10:45 AM

Fundamental Analysis for USD/JPY: September 8, 2016

 

 

The USD continued to plummet against the JPY during Wednesday’s trading session, dropping by -0.55% or 0.564 points to trade at 101.445 points. This drop in rates was mostly caused by a negative-leaning US economic data, which reduced the probability of a Fed rate hike within the month, and protective sell stops are also being triggered by every new low encountered.

 

 

The Institute for Supply Management’s data release for the non-manufacturing purchasing managers’ index also fell at 51.4 points last August, the largest drop seen for the data since November 2008, especially since traders and speculators were expecting 55.4 points. Traders are speculating that the fragile economic data can be used by Fed to refrain from increasing its interest rates.

 

 

The labor market conditions data from the Fed also plummeted in August at -0.7 points following a positive data surge in July. On the other hand, the JPY continues to rise following reports that BoJ policymakers had varying opinions prior to the bank’s meeting on September 20-21. The said meeting is expected to tackle the bank’s stimulus program and conduct a thorough assessment of the said program. Analysts are speculating that the BoJ’s move to review its stimulus program may be a sign that its policymakers are beginning to doubt the effectiveness of the nation’s economic stimulus program.

 

 

The US is also expected to release its most recent job openings report, with investors expecting data to come out at 5.58M, which is a bit lower from the previous data release of 5.62M. Meanwhile, the Fed is also expected to release its most recent Beige Book data. In addition, Esther George from FOMC will also be releasing a statement on Wednesday, which might have an impact on the market especially if there is a discontinuation of the expected interest rate hike in September.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#52 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 08 September 2016 - 11:20 AM

USD/CAD Technical Analysis: September 8 2016

 

The dollar made some withdrawal since the Fed had an increase despite that the market is experiencing a very high risk. The growth in the price of oil affected the CAD positively. Investors on the other hand are looking forward for the result of BOC meeting.

 

 

The period of indecision of the pair intervenes between 1.2824 - 1.2864. The sentiment of USD CAD is identified to be neutral. The moving averages of the pair maintained a bearish position.

 

 

The 50-EMA crosses the 100 and 200 EMAS as seen in the hourly chart. The level of resistance marked the 1.2900 and the current support approached the 1.2800 level.

 

MACD demonstrated the same position that strengthened the sellers otherwise the  RSI is moving towards the negative zone.

 

 

The pair is recommended to surge with a resistance level of 1.2900 though there is a tendency to make a reversal and restore a lower position, seller should work for a price increase heading to 1.2800.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#53 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 09 September 2016 - 08:39 AM

Fundamental Analysis for GBP/USD: September 9, 2016

 

 

The GBP/USD pair increased by 30 points to trade at 1.3370, hitting its highest trading point since the Brexit vote. The GBP was able to gain strength due to the weakening of the USD and strong economic data. The Bank of England previously underwent criticism from Brexit supporters after the central bank stated that the UK economy would soon face a massive slowdown and a recession after the Brexit vote. Post-Brexit data has shown that the UK economy did not wholly suffer the drastic post-Brexit changes that was initially forecasted by analysts and spectators. However, economists are still speculating that it will not be long before Britain goes into an economic slowdown.

 

 

The Bank of England Governor Mark Carney defended the bank’s moves against critics who were saying that the BoE has moved too rashly with regards to its handling of the Brexit shock, particularly in August where the bank cut down on its interest rates, eased lending policies, and expanded its bond-buying mechanisms. Carney has since then stated that the BoE has always expected that the main economic sectors would be able to recover from the referendum’s sudden impact in July, and this was shown in the recently published PMI data during the past few days.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#54 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 13 September 2016 - 08:49 AM

Fundamental Analysis for USD/CAD: September 13, 2016

 

 

The USD/CAD increased by 28 points after a decrease in oil prices caused by a positive US production data and an easing in gold prices. The Canadian dollar is currently trading at 1.3077 points after an increase in international commodity prices, with the USD rallying on Friday after speculations that the Fed might consider an increase in its interest rates within the month.

 

 

The USD is increasing in relation to the CAD after a relatively positive US jobless claims data and negative Canadian building permits report data. According to the US Department of Labor, the jobless claims data up until September 3 decreased by 4,000, going down from 263,000 to 259,000. However, market analysts are still expecting the jobless claims data to go up by 2,000 within the week.

 

 

Canadian building permits data meanwhile went up by 0.8% in July, exceeding initial expectations for an increase of only 0.3%. The housing price index data also saw an improvement, rising to 0.4% from last month’s 0.1%, while the annual score also increased 2.5% to 2.8%. Investors are refraining from buying into the CAD due to the appeal of other riskier currencies.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#55 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 13 September 2016 - 10:51 AM

GBP/USD Technical Analysis: September 13, 2016

 

 

Macroeconomic announcements of UK were not yet issued since Monday. The property market of UK will tend to focus more on the upcoming session of the Core Consumer Price Index.

 

 

The trading range of the pound indicates an upward movement on a low volume last Monday which is not distant to the low result on Friday.

 

 

The price of the pair ranges from 1.3244 to 1.3285 throughout the day trading.

Upon the outset of the North American session the dollar and the pound regained.

GBP/USD introduced a higher position in the 4-hour chart which made its price to reach the 50-EMA.

 

 

The 100-EMA moved upward and crosses over the 20-EMA with a similar chart.

Moving averages established a bullish pattern. The resistance is in the level of 1.3360, support comes in 1.3200 level.

 

 

MACD is in the negative territory. MACD decreased which confirms the strength of sellers.

 

 

As the MACD enters the negative zone, it affirmed for the seller's strength. RSI sets in the oversold condition.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#56 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 14 September 2016 - 10:43 AM

Fundamental Analysis for NZD/USD: September 14, 2016

 

 

The NZD/USD pair went lower during the last trading session, going down 12 points to trade at 0.7341 in the light of an impending interest rate increase by the Fed and confusions brought about by a decision from the Bank of Japan. On the other hand, China’s industrial production data went well above the expected range but did not seem to bring much support to the commodity currency. The Chinese industrial data increased by 6.3% in August as compared to last year, while retail sales data also exceeded expectations from market speculators.

 

 

Traders are now monitoring data from New Zealand, with the account balance due on Wednesday, economic data results scheduled to come out on Thursday, and the results of the consumer confidence survey set to be released on Friday. The NZD was also supported by an increase in food prices, which can cause inflation rates to ease a little bit. Bond prices from New Zealand also decreased, with yield points at 1.5 basis points, going higher towards the end of the yield curve.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#57 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 14 September 2016 - 11:26 AM

USD/JPY Technical Analysis: September 14 2016

 

 

After the Board of Governors of the Fed released an announcement regarding their speculations to bring around the possible increase in rate for the month of September. The US dollar and Japanese yen confirmed a buy signal on Tuesday. On the other hand, the dollar recovered from the losses it endured on Monday. The buyers also drove the price within the level of 102.50. The financial instrument restored its position on top of the 50, 100 and 200 EMAs as indicated in the 4-hour chart while remained in a neutral status.

 

Resistance is placed at 102.50, support settled at the level of 101.40. MACD arrived at the negative zone and experienced a steep decline that signaled seller's strength. RSI bounced against the oversold condition.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#58 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 15 September 2016 - 06:48 AM

Fundamental Analysis for EUR/GBP: September 15, 2016

 

 

The EUR weakened while the GBP further increased, causing the EUR/GBP pair to trade at 8.499 points, going down at .0003 or -0.035%. The pair movement has caused a technical reversal top, which signals that investor sentiments are about to drop. Eurostat has also reported on Wednesday’s economic news that the industrial production data decreased by 1.1% in June, with a 0.8% increase in May.

 

 

On the other hand, the UK employment data is showing a resiliency in the UK jobs market, even after the Brexit vote. The Office of National Statistics has reported an increase in employment rates, going up by 174,000 to 31.77 million in just three months since July. These employment rates are the highest in 40 years, with the increase in the number going above the expected range by economists. The unemployment rates also remained at a stagnant range of 4.9% in July. Meanwhile, the number of people claiming unemployment benefits went up by 2,400 to 771,000 last August.

 

 

However, wage growth data also experienced a gradual slowdown, causing economists and speculators to have unsteady opinions with the set of data released. However, this strengthening of British employment and jobs data may cause the Bank of England to pay less attention to interest rates and maintain its current stimulus once the bank announces it decisions regarding monetary policies on Thursday.

 


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#59 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 15 September 2016 - 08:07 AM

NZD/USD Technical Analysis: September 15, 2016

 

There is an ease of movement of the New Zealand currency although the country indicated a weaker-than-expected result of its economy's health.

 

 

The price of the pair is 0.7250 and able to trade with a higher price on Wednesday. The trendline continued to move in an upward direction even before a decline already occurred. The kiwi arrived at a lower position as indicated in the 4 hour chart because it is also currently dealing with a bullish tone 200-EMA.

 

 

The price is moving between the 100 and 200 EMAs according to the timeframe analysis. While the 50 and 100 EMAs recorded a lower ratio. The resistance is established at 0.7320, support stands in the level of 0.7250. MACD experienced a downturn which means that sellers have strengthened. RSI merges on the oversold condition. The kiwi and dollar is anticipated to present a negative tone in the market.


Andrea ForexMart, Official Representative

 

150x35_banner6.png


#60 Andrea ForexMart

Andrea ForexMart
  • Members
  • 711 posts

Posted 16 September 2016 - 02:40 AM

Fundamental Analysis for USD/JPY: September 16, 2016

 

 

The USD/JPY pair dropped 14 points to trade at 102.29 points, well within its recent trading range of between 101.90 and 102.50. The strength of the USD was offset by an impending meeting of the Bank of Japan next week, as well as a renewed demand for the safe haven currency. According to the Wall Street Journal, the Japanese subzero-rates policy had a significant impact in putting downward pressure on interest rates.

 

 

There are also signs that the BoJ will be attempting to sharpen its yield curve by increasing long-term rates and suppressing short-term rates. The Bank of Japan has already purchased more short-term government bonds, shifted its bonds and is currently buying lesser bonds. The percentage of long-term bonds went up by half of a percentage since July. However, in spite of the steepening of the Japanese yield curve, the difference between 10-year bonds and 2-year bonds is still half of its value before the effect of negative rates.

 

 

Japanese government bonds had their worst selloff in 20 years, especially since the BoJ will be planning to implement adjustments on the maturity range, causing yields to rise on longer-duration bonds.


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