Intraday trading signal - page 249
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
AceTraderFx Apr 21 Intra-Day Market Moving News and Views- EUR/USD
Intra-Day Market Moving News and Views
21 Apr 2016 02:08GMT
EUR/USD - ...... The single currency erased its early gains against the greenback and fell in New York session after a brief rise to a high of 1.1388 as investors adjusted positions in the lead up to a policy meeting by the European Central Bank on Thur. The pair eventually tumbled to 1.1291 in o/n New York before recovering.
Today, the ECB is scheduled to announce its latest monetary policy decision and hold a press conference at 11:45GMT and 12:30GMT respectively.
The central bank is widely expected to hold interest rates unchanged at record lows, but President Mario Draghi is likely to drive home the case for ultra-loose monetary policy.
At the moment, initial offers are tipped at 1.1320-30 and more at 1.1340-50 with stops above there, whilst bids are noted at 1.1290-1.1280 and then 1.1270-60 with stops below 1.1250.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time updates
AceTraderFx Apr 21: Intra-Day Market Moving News and Views- GBP/USD
Intra-Day Market Moving News and Views
21 Apr 2016 04:00GMT
GBP/USD -...... The British pound tracked euro's intra-day swing closely on Wednesday and fell after a brief rise to an intra-day high of 1.4410 in New York session, falling to 1.4330 in o/n NY n then 1.4321 in Asian morning on Thursday due partly to cross-selling in sterling versus yen and euro.
Today's focus for the British pound will be on the release of retail sales for March in European morning.
Market expects the retail sector in Britain to recover to a monthly rate of -0.1% compare to -0.4% in preceding month.
At present, offers are noted at 1.4340-50 and more at 1.4360-70 with stops above there.
On the downside, bids are noted at 1.4310-00 n then 1.4290-80 with stops below 1.4260.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time
AceTraderFx Apr 21: Daily Recommendations on Major -EUR/USD
DAILY MARKET OUTLOOK
Update Time: 21 Apr 2016 04:08GMT
EUR/USD - 1.1298
Yesterday's intra-day selloff after a brief rise above Tuesday's 1.1385 high to 1.1388 at New York open suggests correction from last Thursday's 2-week trough at 1.1234 has ended there and consolidation with downside bias would be seen.
However, break of said support needed to confirm erratic decline from last Tuesday's 5-1/2 month peak at 1.1465 has resumed and extend weakness towards 1.1114.
On the upside, a move back above 1.1388 would encourage a subsequent re-test of 1.1465 and break would extend MT uptrend towards 1.1512 'later'.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time
AceTraderFx Apr 21: Intra-Day Market Moving News and Views- GBP/USD
Intra-Day Market Moving News and Views
21 Apr 2016 08:19GMT
GBP/USD - .....U.S. President Barack Obama flies to London on Thursday with a mission: to persuade wavering British voters not to ditch membership of the European Union in a June 23 referendum that Washington fears could weaken the West.
His visit is a welcome one for Prime Minister David Cameron, leading the "In" campaign, but has drawn scorn from those arguing Britain should leave the EU. Obama is likely to suggest Britons should vote to stay in the bloc to preserve Britain's wealth, its "special relationship" with the United States and the cohesion of the West.
The U.S. government - and many U.S. banks and companies - fear a "Brexit" would unleash market turmoil, torpedo British clout, undermine London's status as a global financial capital, cripple the EU and undermine Western security.
Polls on Wednesday showed British voters leaning towards the "In" camp, but many remain undecided.
Cameron has said that in the face of what he terms Russian President Vladimir Putin's aggression, this is no time to drop out of the club Britain joined in 1973.
Opponents of the EU - many of whom laud the U.S. alliance - say that membership has shackled Britain to the corpse of a failed German-dominated experiment in European integration and that Britain, if freed, could prosper as a sole trader.
New York-born Boris Johnson, the London mayor who heads the "Out" campaign, said he did not want to be lectured by Americans about EU membership.
"President Obama should butt out," Nigel Farage, another prominent opponent of EU membership, told Reuters in an emailed statement.
"Out" campaigners have said the United States would never agree to dilute its own national sovereignty in the way the EU requires of its member states.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time updates
AceTraderFx Apr 22: Intra-Day News and Views & data to be released today (USD/JPY)
Intra-Day Market Moving News and Views
22 Apr 2016 01:25GMT
USD/JPY - ...... The greenback ratcheted lower after an initial gain to 109.90 in Australia on Thursday and fell to 109.33 in New York on cross-buying in yen, then marginally lower to 109.26 in Tokyo morning on Friday.
Today, the research firm Markit will release its indicator for U.S. business conditions in the manufacturing sector at 13:45GMT. Market expects the flash reading for Apr to improve to 52.0 from 51.5 in preceding month.
At present, offers are noted at 109.40-50 and more at 109.60-70 with stops above 109.90, whilst bids are reported at 109.10-00 and then 108.90-80 with stops below 108.70.
Data to be released on Friday:
Japan Nikkei manufacturing PMI, France Markit manufacturing PMI, Markit service PMI, Germany Markit manufacturing PMI, Markit service PMI, IFO-current assessment, IFO-business climate, IFO- expectations, Eurozone Markit manufacturing PMI, Markit service PMI, Italy industrial orders, industrial sales, retail sales, Canada retail sales, CPI, U.S. Markit manufacturing PMI and Markit service PMI
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time
AceTraderFx Apr 22 Intra-Day Market Moving News and Views- EUR/USD
Intra-Day Market Moving News and Views
22 Apr 2016 04:03GMT
EUR/USD - ...... Euro surrendered its early gains versus the greenback and tumbled from 1.1399 to a fresh intra-day low of 1.1270 in New York session on Thursday following dovish comments from ECB's President Mario Draghi in ECB's press conference as he hinted that rates could be cut again in the short-term future.
Today, although yesterday's intra-day selloff in New York session suggests consolidation with downside bias would be seen in Asia, investors should pay attention to the release of a slew of economic data from euro zone and its member countries, these include Markit manufacturing PMI and Service PMI for France n Germany and euro zone, Germany IFO reports, Italy industrial orders and retail sales.
At present, offers are noted at 1.1320-30 and more at 1.1340-60 region with stops above 1.1380, whilst initial bids are reported at 1.1290-80 and then 1.1270-60 with stops below 1.1250.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time updates
AceTraderFx Apr 25: Intra-Day News and Views (USD/JPY)
Intra-Day Market Moving News and Views
25 Apr 2016 02:12GMT
USD/JPY - ...... Although dlr extended Friday's spectacular rally and rose marginally higher above 111.83 (Friday New York) to 111.91 ahead of Asian open today, profit-taking together with intra-day fall in Nikkei knocked price down to 111.15 in Tokyo morning.
Today, U.S. will release the New Home Sales report at 14:00GMT. Market expects the data to be 0.527 mln units in March compare to 0.512 mln units in preceding month.
Lack of follow-through buying n subsequent intra-day weakness in Asia suggests consolidation with mild downside bias would be seen ahead of European open but recent broad-based strength in usd suggests buying on dips in anticipation of another upmove later today is recommended.
At present, initial offers are noted at 111.30-40 and more at 111.50-60 with stops above 111.80, whilst bids are reported at 111.10-00 and then 110.90-70 region with stops below 110.60.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time updates
AceTraderFx Apr 25: Intra-Day Market Moving News and Views- EUR/USD
Intra-Day Market Moving News and Views
25 Apr 2016 03:00GMT
EUR/USD - ...... Although euro fell below previous week's low at 1.1234 to a fresh 3-week trough of 1.1218 in Friday's New York session n then marginally lower to 1.1216 ahead of Asian open today, lack of follow-through selling prompted short-covering n price later recovered to 1.1241.
Today, European Commission and ECB will have joint conference in Frankfurt at 06:45GMT. The ECB official website stated that this year's joint ECB/EU Commission conference on financial integration and stability will focus on the further development of the Banking Union and the Capital Markets Union as catalysts for further financial integration in Europe. The ECB Vice-President, Vitor Constancio, and the European Commissioner for Financial Stability, Financial Services and Capital Markets Union, Lord Jonathan Hill, will give keynote speeches.
Moreover, in two high-level panels, a selected group of key policymakers, financial market leaders and academics will discuss the achievements and further steps for the Banking Union as well as the long term vision of the Capital Markets Union and its contribution to financial integration.
At present, initial bids are noted at 1.1220-10 and then 1.1200-1.1190 with stops below 1.1180, whilst offers are reported at 1.1250-60 and then 1.1270-80 with stops above 1.1300.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time updates
AceTraderFx Apr 25: Intra-Day Market Moving News and Views GBP/USD
Intra-Day Market Moving News and Views
25 Apr 2016 09:00GMT
GBP/USD - ..... Although the pound jumped at Monday open and climbed to a near 3-week high of 1.4475 in thin trading conditions due to closure of New Zealand & Australia for ANZAC day holiday as short-term specs bought the pound broadly after U.S. President Obama made an appeal to Britons to remain in the EU over the w/end, lack of follow-through buying quickly led to long liquidation, cable retreated to 1.4422 before recovering to 1.4457 at European open but only to weaken further to 1.4403.
Intra-day rebound suggests sideways trading is in store ahead of release of U.K. CBI trends order for April, street forecast is look for a reading of -15 vs previous reading of -14.
Offers are tipped at 1.4445/55 and more above with stops touted above 1.4480.
Bids are noted at 1.4405-00 with stops below there.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time updates