Rotating Banners


Read our Advertising Disclaimer


Page 3 of 3 FirstFirst 123
Results 41 to 49 of 49
  1. #41
    Join Date
    Dec 2017
    Posts
    116
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    140
    EUR/USD unable to regain 1.1700 as dollar remains the strongest

    Despite the intraday downward correction of the greenback, it is still the strongest currency across the board. EUR/USD holds near weekly low of 1.1649.

    Despite closing lower against all of its major rivals, the greenback remains the strongest currency across the board, with the ongoing retracement considered just corrective. The pair's 4 hours chart shows that technical indicators remain in negative territory, with the RSI flat at 45, while the price flirted with directionless 100 and 200 SMA to find some stability right above the indicators, but is also now below a bearish 20 SMA, and the 1.1720 Fibonacci resistance, all of which leans the risk toward the downside. Renewed selling interest below the 1.1660 level could result in a test of 1.1590 should investors resume dollar's buying.

    Support levels: 1.1660 1.1620 1.1580

    Resistance levels: 1.1720 1.1755 1.1790
    Trade with your bitcoin at Tenkofx Forex broker
    Fast Withdraw|Fast Execution|High Rebate

  2. # ADS
    Ads Manager Circuit advertisement
    Join Date
    Always
    Posts
    Many
     
  3. #42
    Join Date
    Jun 2018
    Posts
    307
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    140
    The NZD/JPY has backed off an Asia session high of 78.30 and is back down near 78.10 as the Kiwi cools off and markets attempt a swing back to normalcy following Tuesday's Trump-fueled risk aversion.The broader markets took a header on Tuesday as risk aversion spiked once more, this time on the heels of Trump firing his own hand-selected Secretary of State, Rex Tillerson. Trump's plans to seek new tariffs against China also leaked, and Trump will be looking for $60B worth of tariffs on Chinese-made goods including electronics, telecommunications, toys, and furniture. At 23:50 GMT will be Japan's Foreign Investment in Stocks and Bonds, and the previous figures showed a deep contraction as foreign investment has fled the country seeking higher interest rates that are likely to come from other central banks soon, while the Bank of Japan is stoically committed to their easy monetary policy until inflation reaches 2% target.

  4. #43
    Join Date
    Jun 2018
    Posts
    760
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    275
    The impact of the discovery is beginning to wane in markets as Trump resumes filling headlines with his antics and the revolving-door on his administration.NZD/JPY TechnicalsThe pair is leaning to the bullish side, but plenty of resistance remains as Daily candles begin to run into resistance from the 34 EMA. On H4 charts the pair has plenty of bullish potential built-in, though a continued correction from this level could see support from the last swing low at 77.60 and the 50.0 Fibo level at 77.25, while resistance builds at the 34-day EMA currently near 78.30, and the last swing high of 78.62.

  5. #44
    Join Date
    Jun 2018
    Posts
    760
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    275
    Forex News - TenkoFX.com

    Risk appetite has been souring in Asia this week following revelations that Japan's Finance Minister, Taro Aso, is involved in a political scandal that sees Japan's finance ministry forging documents involved in a steeply-discounted sale of government land to a school operator with ties to Shinzo Abe's wife. Abe is the Premier of Japan, and the formal opposition party is outraged, calling for Aso to step down from his position and accept responsibility for the scandal.

  6. #45
    Join Date
    Jun 2018
    Posts
    307
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    140
    The NZD/JPY has backed off an Asia session high of 78.30 and is back down near 78.10 as the Kiwi cools off and markets attempt a swing back to normalcy following Tuesday's Trump-fueled risk aversion.The broader markets took a header on Tuesday as risk aversion spiked once more, this time on the heels of Trump firing his own hand-selected Secretary of State, Rex Tillerson. Trump's plans to seek new tariffs against China also leaked, and Trump will be looking for $60B worth of tariffs on Chinese-made goods including electronics, telecommunications, toys, and furniture.Late Wednesday will be seeing New Zealand's GDP figures at 21:45 GMT; the annual rate is expected to come in at 3.1% versus the previous 2.7%, and a sign of growth will be a welcome boon to Kiwi bulls as New Zealand's economy has lagged behind global growth trends lately. At 23:50 GMT will be Japan's Foreign Investment in Stocks and Bonds, and the previous figures showed a deep contraction as foreign investment has fled the country seeking higher interest rates that are likely to come from other central banks soon, while the Bank of Japan (BoJ) is stoically committed to their easy monetary policy until inflation reaches their lofty 2% target.

  7. #46
    Join Date
    Dec 2017
    Posts
    116
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    140
    New Zealand House Prices Rise, Sales Fall In June

    New Zealand's house prices increased in June from a year ago, while sales declined, the Real Estate Institute of New Zealand reported Tuesday.

    The national median house price index climbed 5.7 percent year-over-year to NZ$560,000 in June. Month-on-month, house prices remained unchanged.

    On a seasonally adjusted basis, national median prices rose 5.2 percent in June from a year earlier.

    In Auckland region, house prices declined 0.7 percent annually, while it increased 0.5 percent from the preceding month.

    Meanwhile, the volume of home sales decreased 1.6 percent yearly in June. In Auckland, the number of sales rose 0.7 percent.

    Compared to May, the volume of sales dropped 5.4 percent in June. On a seasonally adjusted basis, home sales registered a sharp fall of 23.2 percent.

    The material has been provided by TenkoFX Company - www.tenkofx.com
    Trade with your bitcoin at Tenkofx Forex broker
    Fast Withdraw|Fast Execution|High Rebate

  8. #47
    Join Date
    Jun 2018
    Posts
    561
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    215
    Risk appetite has been souring in Asia this week following revelations that Japan's Finance Minister.They also involved in a political scandal that sees Japan's finance ministry forging documents involved in a steeply-discounted sale of government land.

  9. #48
    Join Date
    Dec 2017
    Posts
    116
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    140
    Euro Falls After ECB's Draghi Backs Low Rates Through Summer Next Year

    The euro was lower against its most major counterparts in the New York session on Thursday, after the European Central Bank President Mario Draghi reiterated that the bloc still requires ample degree of monetary accommodation to underpin inflation, citing uncertainties pertaining to the global trade environment.

    In his press conference following the monetary policy decision, the ECB chief noted that the risks surrounding the euro area growth outlook remains broadly balanced, even as uncertainties emanating from the threat of protectionism prevails.

    Draghi backed his pledge to keep interest rates at their present levels at least through the summer of 2019.

    The Governing Council is of the view that an ample degree of monetary accommodation is still necessary for the continued sustained convergence of inflation to levels that are below, but close to, 2 percent over the medium term, he added.

    The European Central Bank has left its key rates unchanged, keeping its main refi rate at a record low of zero percent and the deposit rate at -0.40 percent. The marginal lending facility rate is 0.25 percent.

    The bank reiterated its guidance for its asset purchases, deciding to halve monthly asset purchases after September and eventually end them in December.

    Survey data from market research group GfK showed that Germany's consumer confidence is set to weaken slightly in August.

    The forward-looking consumer sentiment index fell to 10.6 in August from 10.7 in July. The score was forecast to remain unchanged at 10.7.

    The currency has been trading in a negative territory against its major counterparts in the European session.

    The euro weakened to 1.1673 against the greenback, from a 3-day high of 1.1744 seen at 9:15 pm ET. Continuation of the euro's downtrend may see it challenging support around the 1.15 level.

    Data from the Labor Department showed that first-time claims for unemployment benefits in the U.S. showed a modest increase in the week ended July 21.

    The report said initial jobless claims rose to 217,000, an increase of 9,000 from the previous week's revised level of 208,000.

    The single currency remained lower at 129.72 against the yen, after rising to 130.26 at 5:00 pm ET. The euro is poised to challenge support around the 128.00 level.

    Data from the Bank of Japan showed that Japan producer prices rose 1.2 percent on year in June, following two months at 1.0 percent.

    On a monthly basis, producer prices added 0.2 percent after easing 0.1 percent in May.

    Following a 3-day high of 1.1638 hit at 2:15 am ET, the euro changed its course and weakened to 1.1607 against the Swiss currency. Next key support for the euro is seen around the 1.15 level.

    The common currency extended its early losses against the loonie, falling to near a 6-week low of 1.5245. The euro may possibly test support around the 1.51 level, if it falls further.

    On the flip side, the euro bounced off to 0.8896 against the pound, reversing from a low of 0.8876 hit at 5:30 am ET. The euro is likely to test resistance around the 0.90 level.

    The 19-nation currency reached as high as 1.7205 against the kiwi, up from a low of 1.7133 touched at 8:00 pm ET. Further uptrend may see the euro finding resistance around the 1.74 level.

    The euro appreciated to a 2-day high of 1.5808 against the aussie, following a decline to 1.5727 at 5:00 pm ET. On the upside, 1.60 is possibly seen as the next resistance level for the euro.
    Trade with your bitcoin at Tenkofx Forex broker
    Fast Withdraw|Fast Execution|High Rebate

  10. #49
    Join Date
    Dec 2017
    Posts
    116
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    140
    USD sell-off fading as no other market reacted with panic

    The EUR/USD eases below the 1.1500 mark as fears about an escalating trade war and Trump critics to Powell passed unnoticed in other markets. Equities up alongside with US yields helping the USD to advance.

    Source: fxstreet
    Trade with your bitcoin at Tenkofx Forex broker
    Fast Withdraw|Fast Execution|High Rebate

Page 3 of 3 FirstFirst 123

Similar Threads

  1. TenkoFx - www.tenkofx.com
    By TenkoFx in forum Forex Broker
    Replies: 192
    Last Post: 08-13-2018, 07:41 AM
  2. Forex News
    By RusefTrader in forum Forex News
    Replies: 116
    Last Post: 05-28-2018, 06:38 AM
  3. TenkoFX Announces Vacancies for Master Traders.
    By Michael Miller in forum Forex News
    Replies: 0
    Last Post: 10-24-2017, 02:14 PM
  4. Vacancies For Master Traders - TenkoFX.
    By Bob Millan in forum Forex General Discussion
    Replies: 1
    Last Post: 10-13-2017, 08:45 AM
  5. How to take the advantage of the forex news?
    By sam9630 in forum Trading strategies
    Replies: 2
    Last Post: 11-10-2013, 02:35 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •