New bad news about the EU are charging the already strong dollar
Posted by Admin on Sunday, 24 July 2016

As we know the US dollar was escalating his price over the Euro in the last week. The problems are to be continued about the Euro zone from Brexit and the new terrorist attacks are heating up the measures about the security of EU according to As the fear of terrorist attacks is escalating, the stability of Euro will be fragile. The most important event of this week will be the Fed Interest Rate Decision in the US. As we speak expect data about GDP and CPI for the second quarter half of this year. We predict several attempts for attack this week with key support level at 1.0910 mainly from the ref in England. At any chance we expect very close positioning about 1.0910 level and testing for this week. First level of resistance will be around 1.1025, followed by 1.1060. trading strategy for the upcoming week is trading EURUSD, using the first key of resistance level and opening a short position with main objective 1.0910 and below.

New EUR/USD strategy for this upcoming progressive week
Posted by Admin on Sunday, 03 July 2016

The new week will start with Independence Day in USA and low movements on the market. The first coming important weekly events according to will begin at the middle of the week, where we expect Trade Balance's info, ISM Service , FOMC Minutes in USA and Non-monetary's ECB meeting with ECB President Draghi speech at 7 GMT. Thursday will begin with ECB Monetary Policy meeting at 11:30 GMT. This week take most your time and pay attention to Friday's American US Nonfarm Payrolls and Unemployment rate. The data is very important, because as we know from last month there is very low percentage in new opening working places. If the scenario from last month repeats there is room for concern in unemployment market's rates and stability. Brexit's event will remain his influence in the economy all around the world as the tiniest rumors could collapse the market. new strategy is to wait the rush of the euro in the first half of the week and to open short positions with main objective 1.10 and less.

Euro remains weak compared to US dollar again this week
Posted by Admin on Sunday, 26 June 2016

After the Brexit's 'high tide' vote progress, Great Britain will remain topic number one for a long time according to Main source of winning positions for these days will be US dollar and Gold, as we expect the dollar to continue his strong influence in global markets for a while. Euro will continue to collapse by the Brexit's events and the unfortunate split of UK and EU for a couple of weeks. As we speak for important news we advice to take your time and read the USA Bank Stress test info in Monday. In Thursday it’s important to draw your attention to ECB Meeting in 9 a clock GMT, and the next important event for USA which is ISM Index at 14 GMT sharp. Overall as may say - 'the big picture' for this week is pointing dynamic volatility by the markets as we consider Euro/Dollar to reach levels below 1.08.

The new trading strategy for EURUSD in this upcoming Brexit week
Posted by Admin on Sunday, 19 June 2016

Brexit's topic number one for all the trading market movements around the globe. Mainly we will see pressure among the Pound; also Euro will suffer from high instability by the vote in Thursday. Although Fed's collapsed the last hope for high interest rates, US dollar remained strong and at one point won the battle with the Euro mainly from doubts that England can exit the EU. Take in mind that the market's movements this week will follow mainly the sociological analysis for the turn of ref's events by Thursday. point of view for the upcoming events is that Great Britain will remain in the Euro union. That's why straight after the events pound and euro will bloom among the other currencies. Key level support for EURUSD is 1.1130, first resistance level in 1.1415. strategy advice for this week is to buy Euro at and above levels of resistance 1.1410/1.1460.

EURUSD trading strategy during FOMC Rate Decision week
Posted by Admin on Sunday, 12 June 2016

The day June 15th at 18:00 GMT is the most important day and time for June and probably for the summer. In this time is expecting Fed interest rates decision. expects high volatile market as depends on the situation EURUSD may move more than 400 pips within the first hour of trading. Ahead FOMC Interest rates decision the dollar recovery some of the losses by the U.S. Non-farm payrolls report last week. The recovery may continue till Wednesday at 18:00 GMT. The other important events in the week are Retail Sales on Tuesday at 12:30 GMT and Thursday CPI and Core CPI at 12:30 GMT. For the Euro Zone the most important events are EU CPI on Thursday at 9:00 GMT and Friday ECB President Draghi's Speech at 15:00 GMT. The support level of EURUSD is formed at 1.1135 while resistance level we see at 1.1415. After Fed events on Wednesday one of these levels will down. trading strategy this week is to keep short positions until Wednesday. Interest rates rise with 25 bps is already generated by the market so is possible to see weak dollar at the mid of the week.

Dollar fails but may gain ahead Fed interest rates decision next week
Posted by Admin on Sunday, 05 June 2016

The bad non-farm payrolls report on Friday surprise the market and push the dollar into losses. The effect may continue this week but as overall expects to see recovery of the dollar because it is widely expecting Fed to raise the interest rates on June 15th 2016. The most important events this week comes from Europe. These events starts on Monday EU Targeted LTRO at 9:30 AM GMT, Tuesday EU GDP at 9:00 AM GMT. On Thursday is Germany Imports/Exports, Current Account and Trade Balance at 6:00 GMT and for Friday Germany Wholesales Price Index, CPI and Harmonised Index of Consumer Prices at 6:00 GMT. The technical analysis shows continue of the uptrend with key support level at 1.1150 and resistance at 1.1410 and 1.1615. trading strategy is to expect EURUSD to reach to the top at 1.1410 or more over the level of 1.15 and then to open short positions.

Crude Oil price New York may down to levels of $45 next week
Posted by Admin on Wednesday, 01 June 2016

Crude Oil price reach to a strong resistance levels that may turn the price down below the levels of $45. The key resistance is at the levels above $50 - $50.20 for Crude Oil New York. recommends to trade in the next couple of days in the trading range between $47 and $49.50 and to expect test of the levels below $45 next week.

Trade EURUSD in a short range this week and expect movement in down direction
Posted by Admin on Sunday, 22 May 2016

EURUSD down below the level of 1.12 as forecasts by the last week. This week there are two important events from United States - Durable Orders on Thursday at 13:30 GMT and GDP Second Estimate on Friday at 13:30 GMT. In Europe the first key events start at 8:30 GMT EU Markit Manufacturing PMI, Markit Services PMI and Markit PMI Composite. On Tuesday at 6:00 GMT is Germany GDP, at 9:00 GMT Germany ZEW Survey and Eurogroup meeting in the day. The next key events that we recommend to focus are on Wednesday at 8:00 GMT Germany IFO reports. The key support level for EURUSD is at 1.1143 as expects to see test of the support level. The chances for break below are about 50%. The trading strategy this week is to trade within the range of 1.1150 and 1.1280. Also you can keep your short positions and may expect breaks below 1.1143. The investors continue to turn to the dollar as is widely expecting Fed to hike the interest rates in June 2016.