User Tag List

  • Amused
  • Angry
  • Annoyed
  • Awesome
  • Bemused
  • Cocky
  • Cool
  • Crazy
  • Crying
  • Depressed
  • Down
  • Drunk
  • Embarrased
  • Enraged
  • Friendly
  • Geeky
  • Godly
  • Happy
  • Hateful
  • Hungry
  • Innocent
  • Meh
  • Piratey
  • Poorly
  • Sad
  • Secret
  • Shy
  • Sneaky
  • Tired
  • Wtf
  • Page 3 of 3 FirstFirst 123
    Results 21 to 28 of 28
    1. #21
      Crypto Talk Warrior
      "enter a custom status"
       
      enter a mood!
       
      InstaForex Gertrude's Avatar
      Join Date
      Sep 2017
      Posts
      40
      Thanks
      0
      Thanked 4 Times in 4 Posts
      Mentioned
      0 Post(s)
      Tagged
      0 Thread(s)
      vBActivity - Stats
      Points
      45
      Level
      2
      vBActivity - Bars
      Lv. Percent
      42.4%
      Daily analysis of GBP/USD for October 27, 2017



      GBP/USD is piercing once again below the 200 SMA, confirming that it's trapped in between a narrow range. That's why we're no clear in which is the dominant trend across the board, but still, we're expecting a breakout lower. If the support level offered by October 20th lows give up, then we might see a decline towards the 1.3037 level.

      H1 chart's resistance levels: 1.3309 / 1.3373
      H1 chart's support levels: 1.3216 / 1.3037

      Trading recommendations for today:
      Based on the H1 chart, sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the support level is at 1.3216, take profit is at 1.3037 and stop loss is at 1.3398.

      Analysis are provided byInstaForex.

    2. #22
      Crypto Talk Warrior
      "enter a custom status"
       
      enter a mood!
       
      InstaForex Gertrude's Avatar
      Join Date
      Sep 2017
      Posts
      40
      Thanks
      0
      Thanked 4 Times in 4 Posts
      Mentioned
      0 Post(s)
      Tagged
      0 Thread(s)
      vBActivity - Stats
      Points
      45
      Level
      2
      vBActivity - Bars
      Lv. Percent
      42.4%
      Daily analysis of GBP/USD for October 27, 2017


      EUR / USD pair
      Trend analysis (Figure 1)
      The downward trend prevailed last week. The market tested again the resistance line and drove downwards. The price may fend off the support line and move higher in the following week. Complex analysis will accurately show the price direction.



      Fig. 1 (weekly chart).
      Indicator analysis on the weekly schedule (Figure 2).
      The system of indicators ADX (Figure 2).
      On the last run, the fast line (indicator 5 - white) and the slow line (indicator period 8 - blue) moved up.
      In this case, the trend should be determined by trend type indicators.
      MACD Indicator (period 5/8/13).
      The linear part of the MACD indicator. Fast line (signal) - a line of white color.
      The slow line (main line) is the blue line.
      The result of the MACD indicator is a downward trend (100 points down). Histogram of the MACD indicator.
      Histogram - columns of black color.
      The result of the histogram of the MACD indicator is a downward trend (100 points down).
      Overall: the MACD indicator on the weekly chart gives a downward trend.
      Middle lines of the EMA.
      On the weekly chart, the following midlines are used.
      1 middle EMA line - color white (first shadow).
      5 the middle line of the EMA - the color is red (the first shadow).
      8 middle EMA line - the color is blue (trend of the week).
      13 the middle line of the EMA - the color is yellow (the trend of the week).
      21 middle EMA line - brown color (trend of the week).
      At the last run 8, the middle EMA line (blue) is moving down over the 13th EMA midline (yellow), which also moved down - the signal is up. At the last run 13, the middle EMA line (yellow) is moving down above the 21 middle line of the EMA (black), which moved downward - the signal gain of the upper work.
      The bottom line: the EMA mid-line system on the weekly chart gives an upward signal. The probability distribution of the indicators are as follows:
      - average EMA lines - 24% up;
      - MACD indicator (linear part) - 38% down;
      - MACD indicator (histogram) - 38% down.
      Overall: on technical analysis: the price on the weekly chart should have a downward trend.
      Calculation of the first shadow of the week (Monday) on a weekly chart.
      The middle lines of the EMA 1/5/8 are the lower signal.
      The indicator "three lines" (the direction of the lines of indicators CCI (5), RSI (5), stochastics with a period of 3/3/4) is the lower signal.
      Calculation of the RSI indicator system for the first tail is the bottom signal.
      The bottom line: the calculation of the weekly candle from October 30 to November 04 showed that the price movement on Monday should move downward, but the final outcome depends entirely on the daily chart. Calculation of the second shadow of the week (Friday).
      The calculation for the MACD linear part showed a downward trend (100 points down).
      Calculation of the MACD histogram gave a downward trend (100 points down).
      The bottom line: the calculation on Friday for the technical analysis showed that the price may have a downward trend, which should be confirmed by the daily chart.



      Fig. 2 (weekly chart).
      Complex analysis:
      - indicator analysis - down;
      - Fibonacci levels - down;
      - volumes - down;
      - candle analysis - neutral;
      - trend analysis - up;
      - Bollinger lines - up;
      - monthly chart - down.

      Conclusion on complex analysis - up.
      The entire result of the calculation of candle currency pair EUR/USD on a weekly chart indicates the weekly price would likely to have an upward trend with the presence of the first lower shadow in the weekly white candle and the presence of a second upper shadow. The upper goal is 1.1670.

      GBP / USD Pair
      Trend analysis (Figure 1)
      The downward trend prevailed last week. The price reached the support line at 1.3087 (white thick line). Most likely, there will be an upward trend next week. The level of probability for this scenario is likely shown in a comprehensive analysis.



      Fig. 1 (weekly chart).
      Indicator analysis on the weekly schedule (Figure 2).
      The system of indicators ADX (Figure 2).
      On the last run, the fast line (indicator 5 - white) moved upward, and the slow line (indicator period 8 - blue) moved down. In this case, the trend should be determined from the indicators of the oscillator type.
      Stochastic indicator (period 3/3/4) on the weekly chart gives an upward trend (Fig. 2).
      The system of indicators RSI (Figure 2).
      When working with the daily chart, the following periods are used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).
      On the last closed candle.
      The calculation of the indicator RSI (5) on properties gives up.
      Calculation of the indicator RSI (8) by properties gives up.
      The bottom line: the RSI indicator system gives a downward trend.
      The calculation of the indicator CCI on the properties moves down.
      The bottom line: the CCI indicator system gives a downward trend.
      Overall: according to the indicator analysis, the price on the weekly chart should have an upward trend.
      Calculation of the first shadow of the week (Monday) on a weekly chart.
      Middle lines EMA 1/5/8 - the upper signal.
      The indicator "three lines" (the direction of the lines of indicators CCI (5), RSI (5), stochastics with a period of 3/3/4) is a neutral signal.
      Calculation of the RSI indicator system for the first tail is the upper signal.
      Result: the calculation of the weekly candle from October 30 to November 04, according to technical analysis showed that on Monday there will be an upper trend, but the price movement will determine the daily schedule.
      Calculation of the second shadow of the week (Friday). The calculation for the MACD linear part - gave a downward trend (100 points down). Calculation of the MACD histogram - gave a downward trend (100 points down).
      The bottom line: the calculation on Friday for the technical analysis showed that there will be a lower trend, but the price movement will determine the daily schedule.



      Fig. 2 (weekly chart).
      Complex analysis:
      - Indicator analysis - up;
      - Fibonacci levels - down;
      - volumes - down; - candle analysis - neutral;
      - trend analysis - up; - Bollinger lines - up;
      - monthly graph - up.

      Conclusion on the complex analysis is an upward movement.

      The total result of the GBP / USD currency pair candlestick calculation according to the weekly chart shows the weekly price would likely to have an upward trend with the absence of the first lower shadow of the weekly white candle and the presence of the second upper shadow. The initial target is 1.3336.

      * The presented market analysis is informative and does not constitute a guide to the transaction.
      * The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

      Analysis are provided byInstaForex.

    3. #23
      Crypto Talk Warrior
      "enter a custom status"
       
      enter a mood!
       
      InstaForex Gertrude's Avatar
      Join Date
      Sep 2017
      Posts
      40
      Thanks
      0
      Thanked 4 Times in 4 Posts
      Mentioned
      0 Post(s)
      Tagged
      0 Thread(s)
      vBActivity - Stats
      Points
      45
      Level
      2
      vBActivity - Bars
      Lv. Percent
      42.4%
      The pound collapsed amid a hike in the interest rate by the Bank of England

      The British pound collapsed after the decision of the Bank of England to raise the key interest rate for the first time since 2007.

      Such a market reaction might be directly related to the fact that in the BoE's statement, the central bank said that it only plans to increase the rate until the beginning of 2020. Furthermore, many major players closed their positions after the pound was growing throughout the week, which eventually led to a sharp decline even against the background of higher interest rates.

      On Thursday morning, data was released, which only managed to slightly support the British pound.

      According to a report from the company Markit, the index of supply managers for the construction sector in October of this year has increased to 50.8 points from 48.1 points in September, returning to a level above 50. The company said that the growth in housing construction had offset a decline in the construction of infrastructure objects.

      The Bank of England raised the key interest rate to 0.5% from 0.25%, but signaled that by the end of 2020 the rate is likely to be raised only twice. According to the analysts of the bank, inflation will approach the target level of 2% only by 2020. The Bank of England also lowered their forecast for GDP growth in 2018 to 1.7% against the August forecast of 1.8%.



      As expected, the central bank's comments were tied to Brexit, which has a significant impact on the British economy, and also intensifies a sharp slowdown in potential economic growth. The Bank of England is seriously concerned about the reaction of households and companies to Brexit, which is an important risk for economic prospects.

      The British pound collapsed from its morning highs around 1.3300 to the support of 1.3100. In the near future, Bank of England Governor Mark Carney's outlined plan can change the alignment of forces in the market.

      The euro rose during the first half of the day after the release of data, which showed that the number of unemployed in Germany in October had decreased. According to the report of the Ministry of Labor, the number of unemployed in October of this year has declined by 11,000, while economists expected a reduction of only 10,000. The unemployment rate in October was at 5.6%.

      *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

      Analysis are provided byInstaForex.

    4. #24
      Crypto Talk Warrior
      "enter a custom status"
       
      enter a mood!
       
      InstaForex Gertrude's Avatar
      Join Date
      Sep 2017
      Posts
      40
      Thanks
      0
      Thanked 4 Times in 4 Posts
      Mentioned
      0 Post(s)
      Tagged
      0 Thread(s)
      vBActivity - Stats
      Points
      45
      Level
      2
      vBActivity - Bars
      Lv. Percent
      42.4%
      NZD/USD profit target reached perfectly, prepare to sell

      The price has continued to rise perfectly to our profit target. We now prepare to sell below major resistance at 0.6968 (Fibonacci retracement, Fibonacci extension, bearish divergence) and we expect to see a strong reaction from this level to push the price down to at least 0.6827 support (Fibonacci extension, horizontal swing low support).

      Stochastic (55,3,1) is seeing strong resistance below 96% and also sees bearish divergence vs price signaling that a reversal is impending.
      Sell below 0.6968. Stop loss is at 0.7043. Take profit is at 0.6827.



      *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

      Analysis are provided byInstaForex.

    5. #25
      Crypto Talk Warrior
      "enter a custom status"
       
      enter a mood!
       
      InstaForex Gertrude's Avatar
      Join Date
      Sep 2017
      Posts
      40
      Thanks
      0
      Thanked 4 Times in 4 Posts
      Mentioned
      0 Post(s)
      Tagged
      0 Thread(s)
      vBActivity - Stats
      Points
      45
      Level
      2
      vBActivity - Bars
      Lv. Percent
      42.4%
      Pressure on the euro persists

      The European currency continued to decline against the US dollar on Tuesday, November 7.

      Pressure was already formed at the beginning of the European session due to the release of weak data on industrial production in Germany, which could significantly hurt the indicators of economic growth in the future.

      According to the report of the Ministry of Economy of Germany, industrial production in September of this year declined by 1.6% compared to August. Economists expected a decline in production, but only by 0.8% compared with the previous month.

      However, as noted by the ministry, the growth rates of industrial production as a whole remain quite good, and we can expect that in the coming months a rise in production will continue.

      Data on retail sales slightly helped the European currency.

      According to the report, retail sales in the euro area in September this year increased by 0.7% compared with August. Data for August was also revised downwards, as it dropped to -0.1%. Economists had expected a 0.6% increase in retail sales in September of this year.



      Compared to the same period in 2016, retail sales in the euro area grew by 3.7%.

      In the course of his speech, European Central Bank President Mario Draghi, did not touch on the subject of monetary policy and a tapering of the bond-buying program. Basically, his speech was focused on the problem of overdue loans.

      Let me remind you that quite recently the central bank introduced new rules for handling overdue loans, which provoked a contradictory reaction.

      During the course of his speech, ECB Governor Mario Draghi said the joint efforts of all participants will be needed in order to solve the problem of overdue loans. He paid special attention to the key problem of banking supervision. According to the president of the ECB, joint efforts of banks, supervisors, regulators and authorities of the countries will significantly affect the problem of loans.

      As for the technical picture of the EURUSD pair, the bears are gradually moving towards their goal in the support area of 1.1540 and 1.1500, which can be achieved in the near future. As the main trade is unfolding below the level of 1.1580, we can expect that the European currency will continue to be under pressure.

      It is worth recalling that the chairman of the Federal Reserve Janet Yellen will make a speech at the end of Tuesday, which can clarify the further prospects of hiking interest rates in December this year. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

      Analysis are provided byInstaForex.

    6. #26
      Crypto Talk Warrior
      "enter a custom status"
       
      enter a mood!
       
      InstaForex Gertrude's Avatar
      Join Date
      Sep 2017
      Posts
      40
      Thanks
      0
      Thanked 4 Times in 4 Posts
      Mentioned
      0 Post(s)
      Tagged
      0 Thread(s)
      vBActivity - Stats
      Points
      45
      Level
      2
      vBActivity - Bars
      Lv. Percent
      42.4%
      Gold recalled its old ties

      The uncertainty surrounding the tax reform, the growth of geopolitical risks in the Middle East and the visit of Donald Trump to Asia allowed the bulls in gold to restrain their opponents who are on the offensive. There were rumors in the market that the start of the transformation of the fiscal system in the US could be postponed for a year due to the fact that the US economy is in good shape. If you add an incentive to this, it will increase the risks of overshooting inflation and a future recession. Given its current position, there is no certainty that the reform will be passed through the Congress: Democrats criticize the bill because of the losses of the middle class, while the number of dissatisfied Republicans is increasing. In general, the revision of the tax system is seen as a "bullish" factor for gold. Therefore, the problems with its implementation allows buyers of the XAU/USD to strike a counterattack.

      Investors have raised their share of haven assets in portfolios, looking at events in the Middle East. The mass arrests in Saudi Arabia, the attack on Riyadh by rebels from Yemen, the conflict between Turkey and Kurdistan, and the dissatisfaction of Donald Trump with decisions of his predecessors on Iran's nuclear program have pushed up oil and bond prices. The yield of the latter is under pressure, which, due to the existing correlation, has a positive effect on precious metals.

      Dynamics of gold and yield of US bonds



      Source: Trading Economics.

      An additional factor in supporting gold is U.S. President Donald Trump's tour in Asia. In Japan, Trump has already tickled the nerves of local businessmen, accusing them of non-commercial and non-mutually beneficial trade. In China, the US president raised the issue of ending its economic ties between Beijing and Pyongyang, which certainly provoked North Korea's discontent. Let me remind you that one of the most important drivers of almost 12% of the XAU/USD rally since the beginning of the year have been geopolitical tensions on the Korean peninsula and the US protectionist policy.

      At the same time, from the point of view of macroeconomics, the precious metal's situation is not the best. While the euro area and Japan's GDP are growing above the trend, the US economy has been expanding by 3% or more for two consecutive quarters, and is also prepared to increase the rate. In the case of tax reform, investors prefer risky assets. Moreover, global inflation is characterized by sluggish growth. In this scenario, real world market rates have the prerequisites for a movement upwards, which should be considered as a "bearish" factor for XAU/USD.

      In my opinion, the situation in the Middle East will soon stabilize, and the absence of conflicts with North Korea and the passage of tax reform through the Congress would raise the demand for the US dollar and return the quotes of precious metals futures for a downward short-term trend.

      A technically successful test of the upper limit of the consolidation range at $1262-1281 per ounce will increase the risks of rising gold prices towards $1,299 and $1,320. On the other hand, a breakthrough of support at $1262 will allow the "bears" to count on the implementation of the targets for 161.8% and 200% for the AB=CD pattern.

      Gold, daily chart



      *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

      Analysis are provided byInstaForex.

    7. #27
      Crypto Talk Warrior
      "enter a custom status"
       
      enter a mood!
       
      InstaForex Gertrude's Avatar
      Join Date
      Sep 2017
      Posts
      40
      Thanks
      0
      Thanked 4 Times in 4 Posts
      Mentioned
      0 Post(s)
      Tagged
      0 Thread(s)
      vBActivity - Stats
      Points
      45
      Level
      2
      vBActivity - Bars
      Lv. Percent
      42.4%
      European Commission report helped the euro

      The euro rose against the US dollar after the release of a report from the European Commission, in which the forecasts for GDP growth and lower unemployment were revised in a positive way.

      In the first half of the day, recent data indicated growth in Germany's foreign trade balance, even despite the decline in exports, as imports decreased even more compared to the previous month.

      According to the report of the National Bureau of Statistics, Germany's exports in September 2017 declined by 0.4% compared to August, while imports fell 1.0%.

      Germany's foreign trade surplus with revision amounted to 21.8 billion euros against 21.3 billion dollars in the previous month.



      On Thursday, the Bank of France released a report, which indicated that the eurozone's second largest economy might grow by 0.5% at the end of this year. Good support by the end of the year can be provided by France's manufacturing sector and the services sector.

      As I mentioned above, the report of the European Commission was published on Thursday, according to which the eurozone GDP is projected to grow by 2.2% in 2017 against the previous forecast of 1.7%. In 2018, the economy could grow by 2.1% against the previous forecast of 1.8%, and in 2019 predicts the growth of the eurozone's GDP at 1.9%.

      There are also good moments that can be found in the labor market. Economists expect unemployment in the eurozone in 2017 to drop to the level of 9.1% against the previous forecast of 9.4%. In 2018, the same indicator should decrease to 8.5% against the previous forecast of 8.9%, and in 2019 will drop to the level of 7.9%.

      According to the European Commission, at present, the eurozone is on track for its fastest economic growth in a decade, while in the labor market there is still a weak wage growth and a significant amount of unused resources.

      However, everything is not so positive when it comes to inflation. The report was revised for the worse. The European Commission forecasts inflation in the euro area at 1.5% in 2017 against the previous forecast of 1.6%. In 2018, inflation is expected at 1.4% against the previous forecast of 1.3%, and in 2019 the level is set at 1.6%.

      The sharp growth in the euro in the first half of this year forced economists to revise their forecasts, and the curtailment of the mitigation program and incentive measures could further hurt the inflationary picture, which the European Central Bank pays close attention to.

      *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

      Analysis are provided byInstaForex.

    8. #28
      Crypto Talk Warrior
      "enter a custom status"
       
      enter a mood!
       
      InstaForex Gertrude's Avatar
      Join Date
      Sep 2017
      Posts
      40
      Thanks
      0
      Thanked 4 Times in 4 Posts
      Mentioned
      0 Post(s)
      Tagged
      0 Thread(s)
      vBActivity - Stats
      Points
      45
      Level
      2
      vBActivity - Bars
      Lv. Percent
      42.4%
      Bulls on the euro need a breather

      The US dollar managed to partially restore its positions against the European currency after a major decline, which was observed for several days in a row.

      Inflation data in the US slightly affected the quotes of the EUR / USD, but the statements by the officials of the Fed, which were scheduled for the second half of the day, led to the closure of a portion of long positions in the euro.

      Fed spokesman Eric Rosengren said yesterday that the data favors higher interest rates in December, and low inflation gives the Fed space for a gradual increase in rates. In his opinion, a very low unemployment rate, which is likely to fall below 4%, will sooner or later push up inflation. Rosengren also believes that the banking system is now in a much better state than before the recession.

      Today there will be a number of important data on the US labor market, which can confirm the forecasts of officials of the Fed.

      As for the technical picture, the large resistance level 1.1855, which coincides with the upper limit of the medium-term side channel. Only its breakdown can form a new upward wave, capable of updating the annual highs.

      The Australian dollar is in the middle of the last five years.

      According to the Australian National Bureau of Statistics, unemployment in Australia fell to 5.4% in October, while economists expected it to remain unchanged at 5.5%. The number of employees in October increased by 3,700, while the expected growth of 19,000. The number of full-time jobs increased by 24,000.

      Despite this, many analysts say that the pressure on the Australian dollar is due to weak growth in the third quarter of this year, as well as to the Central Bank's lowering of the long-term inflation forecasts, which crosses out the likelihood of an upswing in interest rates in Australia.



      As for the technical picture of the AUD / USD, the trade is near important support levels located in the 0.7580 area and 0.7535, where large buyers can return to the market again. Counting on a more powerful upward momentum, 0.7675, 0.7775, which will lead to an immediate increase in the Australian dollar to the areas of 0.7675 and 0.7735.

      *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

      Analysis are provided byInstaForex.

    Tags for this Thread

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •  
    This website uses cookies
    We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.