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Trading Strategies
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Edward Salas, 5 February 2015, 06:47
NZD/USD continued its upward trajectory in the mid-Asian session, having closed flattish in the previous session, little affected by the bullish US services report. Supported by 10-DMA Currently, the NZD/USD extended gains and trades at 0.7389 levels, up 0.29% on the day on its way to retest 0...
Currency
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Andrius Kulvinskas, 5 February 2015, 06:47
In December 2014, Russia’s “Centre for Regulation in OTC Financial Instruments and Technologies” (CRFIN) conducted a survey amid retail Forex traders in the country, asking them to voice their opinion on the maximum leverage limit set by the lawmakers...
Market News
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Patti, 5 February 2015, 06:11
Facebook will reportedly set up a new office in Taiwan which will be engaged in platform advertising sales. Facebook said in a statement that the company will establish a small team in Taipei...
Events
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BlondieNews, 5 February 2015, 03:11
AUD/USD: Short One short position with a traling stop is still open since last week. See for more information my weekly reviews on my strategy pubished in the last 2 weeks. The AUD is at the moment the weakest currency with a score of 1 and the USD is the strongest with a currency score of 8...
It was a rather quiet session in America, with the latest string of US indicators having no effect on the dollar as investors remain sidelined ahead of the nonfarm payrolls and keep Greek debt negotiations on check...
Market News
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Andrius Kulvinskas, 4 February 2015, 23:06
EUR/JPY is in supply and trading at 132.77 at the time of writing, with a high of 135.36 and a low of 132.72 scored post the Greek news that took the euro lower...
Currency
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Andrius Kulvinskas, 4 February 2015, 22:56
US stocks market closed mostly lower on Wednesday as the investor sentiment was hit by a press release issued by the ECB where the central Bank suspended the guarantee to Greek banks to use Greek debt as collateral for loans...
Market News
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Andrius Kulvinskas, 4 February 2015, 22:51 #ECB
The Euro is accelerating losses across the board, in response to Greek-related headlineshitting the wires late in the US session, noting that the ECB has decided that it will lift the current credit waiver on Greek government bonds, no longer being accepted as collateral, starting on Feb 11th...
Market News
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Andrius Kulvinskas, 4 February 2015, 22:44
EUR/USD lost the 1.1400 mark and made fresh lows for the day after the ECB announced it is lifting the waiver on using Greek government debt as collateral. The waiver allowed Greek debt to be used as collateral despite the fact that they did not fulfil minimum credit rating requirements...
Currency
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Andrius Kulvinskas, 4 February 2015, 22:18 #EUR/USD
The European Central Bank has suspended the eligibility of Greek sovereign debt as collateral for its liquidity operations, starting from February 11th...
Market News
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Andrius Kulvinskas, 4 February 2015, 22:08 #ECB
US DOLLAR TECHNICAL ANALYSIS Prices may be preparing to decline after prices put in a bearish Evening Star candlestick pattern. Negative RSI divergence bolsters the case for a downside scenario. Near-term support is at 11734, the intersection of the 14...
Forecasts
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Sergey Golubev, 4 February 2015, 21:11 #price patterns, gold
Yanis Varoufakis, Greece's new finance minister, is a brilliant economist. His first steps onto the political stage, though, didn't seem to go very smoothly...
Other
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Andrius Kulvinskas, 4 February 2015, 20:44
The selling pressure remains entrenched around the euro today, with EUR/USDstruggling to keep the trade above the 1.1400 mark. EUR/USD eyes on Greece, US Payrolls The pair continues to erode the recent upside from Monday’s dip below 1.1100 to yesterday 3-week highs near 1...
Currency
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Andrius Kulvinskas, 4 February 2015, 20:35 #EUR/USD
AUD/USD has halted just ahead of the base of the 2013-2015 down channel at 0.7597. Key Quotes: "This is holding currently for a small rebound. We note the divergence of the RSI." "Initial resistance is 0.8034 (7th Jan low). Key resistance is the 0.8130 downtrend...
Currency
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Andrius Kulvinskas, 4 February 2015, 20:33
Cable reached earlier at 1.5249 the strongest level since January 15 but after Wall Street opening bell lost strength. Recently the pair dropped to 1.5190 and currently is hovering around 1.5200/10. The GBP/USD pair is still up for the day, headed toward the second daily gain in a row...
Currency
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Andrius Kulvinskas, 4 February 2015, 20:31 #GBP/USD
2015-02-04 15:00 GMT (or 17:00 MQ MT5 time) | [USD - ISM Non-Manufacturing PMI] past data is 56.2 forecast data is 56.3 actual data is 56.7 according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
Trading Systems
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Sergey Golubev, 4 February 2015, 18:50 #fundamental analysis
increasing volatility in the FX markets. Key Quotes “Higher currency volatility will increase both the riskiness and the cost of crossborder transactions, whether it is trade in goods or capital flows”...
Market News
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Andrius Kulvinskas, 4 February 2015, 17:56
The US dollar is recovering ground after its worst day in more than a year and it is performing better than its major competitors. The USD's advance is pressuring the oil and US stocks to the downside...
Market News
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Andrius Kulvinskas, 4 February 2015, 17:53 #eur/gbp, usd/jpy, GBP/USD
AUD/USD is currently trading at 0.7762 with a high of 0.7851 and low of 0.7746. The greenback has flexed its muscles again and is denying the bulls. AUD/USD is in clear bearish territory on the longer dated sticks, changing hands below critical support-turned-resistance of June 2010 at 0...
Currency
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Andrius Kulvinskas, 4 February 2015, 17:02