Forex Teach

Calendar for the week

Again, the problem in Europe. Last week announced his resignation, Prime Minister Socrates of Portugal, after his study program proposed savings had been rejected by Parliament. (more ...)

Calendar for the week

Last week in the Forex market , the euro / dollar closed virtually to zero. Growth in more than two figures at the beginning of the week was covered with correction on Thursday and Friday. The level of resistance to further growth was 1.3850 mark. Provoked several reasons for the correction. This is especially bad data on retail sales in the euro area and unjustified expectations regarding the performance Trichet. Addition to all be out of positive data on the economy in the U.S. (non-manufacturing ISM, factory orders, labor productivity in industry, applying for unemployment benefits). (more ...)

Calendar for the week

The first trading week of the new year gave more than a single-valued for the euro / dollar. Drop by about 500 points in the first week of the year, more than indicative and to fully reflect the market sentiment. Apparently, the market impact concerns the debt crisis in Europe. Apparently, the Chinese authorities' statement of intent to buy government bonds Spain $ 6 to 6 billion euros, has been ignored by market participants Forex . (more ...)

Calendar for the week

Last week on the forex hosted bears. In fairness, it should be noted that one-week drop in the euro / dollar has been unconvincing. Most likely, the mixed news background to confuse the market participants. On the one hand we have the financial mess in the euro area, on the other side of the assurances of the European powers that the volatility will end soon. (more ...)

Calendar for the week

A crazy week has stood out. Earlier this week, the euro / dollar continued to fall under the influence of bad news on the sovereign debt of Ireland, Portugal and Spain. On Wednesday, the pair bounced from 1.2950 after the release of good data on retail sales in Germany. (more ...)

Calendar for the week .

Despite all the interesting statement after meeting G20, that everyone will work together and not allow the mindless exchange intervention aimed at reducing the rates of national currencies, the currency war continues. The last two weeks in advance went to Europe. After rumors of a possible withdrawal from the euro area of Portugal, another blow to the European currency was a statement about the possible collapse of the banking system of Ireland. (more ...)

Calendar for the week .

So much coveted by all correction has not happened. Euro / dollar pushed the level of 1.3700 in their attempt to reach, at least up to 1.3620 - 23.6% (blue) Fibonacci level of a five-month growth. Apparently, the market refused to work out the expected technical correction for the meeting of G20 finance ministers on Friday, which was held in South Korea. (more ...)

Calendar for the week .

After a long absence we are back to give to your court our vision of the market. (more ...)

Calendar for the week .
It is difficult to assess what is more influenced by the rapid depreciation of the euro / dollar on Friday, rumors of a possible default in Hungary or bad data on unemployment in the U.S.. But in a compartment that gave reduced to 4 year lows (1.1950), despite the fact that the week closed with a minus mark at 1.1966. Obviously, investors try to minimize their risks shifting their assets into less risky financial instruments. (more ...)

Calendar for the week .

Rabid has stood a week. Every day a new direction. In this week closed down at at 1.2271, after a repulsion from the support of 1.2140 on Thursday. In terms of news like all stacks up against the euro, and then the Chinese statements about the possible rejection of the euro as part of its foreign currency reserves, and changes in credit ratings of Spain towards its reduction. It should be noted that the news about changes in credit ratings of Spain arrived on Friday in anticipation of a long weekend in London and the American Stock Exchange, and it is quite possible that this news was not until the end to win.
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Calendar for the week .

Last week was very rich in events, because of which the euro / dollar is literally in a fever. This includes speech and Germany for tighter trading rules in financial markets and foreign exchange intervention on the part of Switzerland, aimed at reducing the cost of the franc against the euro and the yield disappointing data on the number of applications for unemployment benefits in the U.S.. The result of all these fluctuations the Friday session was closed at 1.2560 marks, which is 270 points higher, relative to the opening price on Monday. In this case, the weekly maximum of 1.2671 was also made ​​on Friday. (more ...)

EURUSD . GBPUSD . What a week .

The desire to hedge against risks associated with the instability of the economy of the eurozone countries are forcing market participants to transfer their assets to safer currencies, including the yen. The fall of the euro / yen last week reached a low level on Friday at 113.46, closing the week with a mark of 114.24. (more ...)

EURJPY . EURUSD . What a week .

Pound / dollar succumbed to pressure from the bears and this week. After two days of growth at the beginning of the week, the price went down again, having played virtually the entire rise after rebound from 1.4470. The reason for this behavior of market participants are likely to be a desire to insure their assets moving them to less risky because of the gathering clouds around the euro area, which in varying degrees, affects the rate of the pound. In addition, the political situation in England has not yet stabilized after the election, and no one knows how long will the new coalition government, which introduces additional risks to the share of the pound.
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GBPUSD . EURJPY . What a week .

Euro / dollar showed a positive trend in the first half on Monday, after which the market price dropped again to new lows. At this time the price has almost reached the minimum recorded in 2008 at 1.2330 Forex. The Friday session was closed 1.2359.

From a technical point of view, the couple had long been in a strong oversold condition, and would have to get at least push the adjustment. But apparently, the market ignores technical factors and is completely absorbed the negative news coming from the Old World.
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GBPUSD . What a week .

Uncertainty about the expected aid to Greece gives bears more and more confidence. Thus, over the last week of the euro against the dollar has fallen nearly 600 points, closing the week at 1.2749 marks. Achieve a new annual low of 1.2520 area contributed not so much the debt pit, which hit Greece as riots protesting the government arranged measures to reduce government spending. Despite the sharp drop during the week, on Friday, the forex market reacted positively to the decision of Germany and Italy to provide funding for the salvation of the Greek economy. This means that as soon as this decision will be made and the IMF and other countries in the eurozone. In conjunction with the termination of the riots in Athens, this could give a strong impetus to the growth of couples, or at least a strong correction. (more ...)

EURUSD . What a week .
In addition to negative news from Greece, which strengthened the dollar last week, the pound against the U.S. dollar has affected the election results and the expectation in the UK. Waiting for the formation of parliament without a clear majority of the parties led to the fall of the pound. A minimum of 1.4471 was achieved during the Friday session, when it became known to the preliminary results of the election, which coincided with the expectations of experts. (more ...)

EURUSD . GBPUSD . EURJPY . Economic Calendar for the week

The pair traded in a bullish trend for four months, and in the middle of last week, pushed off from the support level of 38.2%. In addition, LED AC gave a buy signal, forming a local minimum. (more ...)

USDCHF . EURUSD . GBPUSD . Economic Calendar for the week

Almost the second consecutive month the market keeps a couple of euro / yen near the level of 61.8% Fib from last year's growth. The graph is easy to see that the range of price fluctuations lies in the border strips Bollinldzhera, which has a range of 120.00-125.50.
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EURJPY . USDCHF . EURUSD . Economic Calendar for the week

Pound / dollar is almost the same situation as the euro / dollar. As for the euro, as a support / resistance levels here are 61.8% and 50% Fibonacci respectively. In addition, the graph shows that the resistance coincides with the lower linear Fibonacci fan , and enhanced support trend line, built at the lows of 2009.
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GBPUSD . EURJPY . USDCHF . Economic Calendar for the week

Since the last forecast, the market is virtually nothing has changed. The euro / dollar forex consolidated in the range of 1.3420-1.3800 previously designated. It should be noted that the decline is much more aggressive growth. Over the past three days last trading week of the euro has fallen to the level of the beginning of the month, closing the week at 1.3529 marks.
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EURUSD . GBPUSD . EURJPY . Economic Calendar for the week

Here we see almost a mirror image of the euro / dollar. Current levels of resistance will be assumed highs the past two weeks, it will level 1.0825 (the last fractal top) and 1.0900 (maximum last week). (more ...)

USDCHF . EURUSD . GBPUSD . Economic Calendar for the week

After two weeks of consolidation in the price level of 61.8% Fibonacci of last year's growth, last week showed that the market is set to rise in the euro against the yen. And this despite all the negative about the European currency. (more ...)

EURJPY . USDCHF . EURUSD . Economic Calendar for the week

Last week, a breakthrough was confirmed by the level of support at 1.5700 area, thus defining new targets for the pair GBP / USD. It should be noted that the decline in the pound against the dollar was not as strong as in the case of the euro / dollar. At first glance it may seem that it's okay, because Britain is outside the euro area. In fact, (more ...)

GBPUSD . EURJPY . USDCHF . Economic Calendar for the week

Euro still fell to 1.3441, but the fall was stopped by the Fibonacci support level of 61.8% from last year's growth. Hopefully, Friday's growth has been under a least some fundamental basis, and not a trivial correction at the end of the week. But apparently, the strong growth of these levels should not wait. (more ...)

EURUSD . GBPUSD . EURJPY . Economic Calendar for the week

Increase in the dollar last week was caused by the release of very good data on GDP the United States. On Friday, the price is very close to the line of resistance , and then retreated, ending the week at 1.0605 marks.
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USDCHF . EURUSD . GBPUSD . Economic Calendar for the week

The euro / yen for the previous week, showed a negative trend, closing Friday session at a mark of 125.12, which is slightly below 50% from last year's growth. In this case, we have formed a bar below it. (more ...)

EURJPY . USDCHF . EURUSD . Economic Calendar for the week

Appreciation of the dollar continues on all fronts. Even if prices drop a pound / dollar rate is not so much as in the case of the euro / dollar and the price stays above the 1.5690 mark - 38.2% Fibonacci retracement levels from last year's growth, bearish for this pair are amplified in the light of recent developments regarding the European economy. In addition, Friday's sharp drop was caused by the publication of data on the growth of GDP the U.S., the value of which exceeded analysts' expectations of 1.5%. (more ...)

GBPUSD . EURJPY . USDCHF . Economic Calendar for the week

Unbelievable, in my opinion, the fall of the euro against the U.S. dollar continues. It is likely that the problems of Greece and has added over Spain's budget deficit and high unemployment . (more ...)

GBPUSD. EURJPY. USDCHF. Economic Calendar for the week

The year began ambiguous. After a fairly strong growth in its first week, at the end of last week a couple came down to 185 points, closing Friday session at 1.4385 marks. The fall was mainly due to the possibility of exit from the euro area of ​​Greece. From a technical standpoint, the growth in the early years was just a correction from the December drop. The graph shows that the growth of the first trading session after the new year stood at at 38.2% levels of Fibonacci (red) from the December drop. At the same time we have a larger bull trend since June 2009. December bearish trend was stopped at 61.8% Fibonacci level (blue), so that the December motion can be considered as long as the correction of growth last year.

Next week we should expect the consolidation of the euro / dollar rate in the range 1.4210 (December low) - 1.4431 (23.6% red). Output prices are below 1.4210 support would indicate a bullish trend of the second half of last year, and could target the market towards 1.4000. If the price meets resistance in contact with 1.4285 (61.8% white) should be expected to increase with immediate resistance at the Fibonacci levels of 50% (blue) - 1.4450.

Based on the testimony of a technical indicator ADX , the bearish trend is rather weak. Also one should pay attention to the narrowing of the Bollinger band . This means that the output prices of the area bands at the time of closest approach can determine the direction of further movement. At present the price was stopped at the middle line in the upper zone of the bands. If the average line will be strong support for the first 2 days next week, the bearish market scenario is unlikely.

Recommendations:

• Sell ​​to 1.4300, limiting losses, limiting losses 1.4445
• Buy from the level of 1.4285 to 1.4430-1.4450, 1.4210 limit losses
• Sell ​​at the level of 1.4190 to 1.4000, 1.4290 limit losses

EURUSD . GBPUSD . EURJPY . Economic Calendar for the week

Still in force, "a hungry alligator "hunting for bears, and hence the downtrend is still in force. Any ballot no signals, so you should enter the market only to break through fractals down. Thus we get the sale below 1.0030 with 1.3040 stop loss or the nearest generated fractal up. (more ...)