EUR/USD to resume uptrend?

By | February 2, 2017

EUR/USD has been unpredictable for last months, however it revealed a consistent development from the start of

2017. After chosen President Donald Trump had actually made a couple of bold decisions, the greenback weakened against the euro. The FOMC meeting minutes was exposed on the very first day of this month. The federal funds rate remained the same at 0.75% which brought some volatility however created no visible pressure in the market. Today some crucial reports are set up to be released such as the US unemployment claims which formerly was 259K and anticipated to be 251K. As NFP is only a day away, the market is most likely to be quite volatile in these staying 2 days of the week.From the technical point of view, because the start of 2017 the marketplace

has been bullish with some corrective gains to the current spike at 1.0850. Currently, the market is above 1.0750 and the bullish predisposition continues. As the market is above the support area between 1.0715 and 1.0770, we will be looking for some retracement towards the assistance area. We will watch for purchasing opportunities with a target to 1.0850 level if we get any bearish rejection on the intraday charts. The material has actually been supplied by InstaForex Company-www.instaforex.com

Jonathon Alexander

Romania PPI Rise For Very first time In 27 Months

By | February 2, 2017

Romania’s manufacturer costs increased for the very first time in more than two years in December, figures from the National Institute of Statistics showed Thursday.

Industrial manufacturer prices climbed 0.9 percent year-over-year in December, reversing a 0.2 percent drop in the previous month. It was the first rise given that October 2014.

Domestic market prices edged up 0.1 percent yearly in December and foreign market prices increased by 2.5 percent.

On a month-to-month basis, producer costs went up 0.8 percent from November, when it increased by 0.1 percent.

The product has actually been offered by InstaForex Company – www.instaforex.com

Jonathon Alexander

Technical analysis of EUR/USD for Feb 02, 2017 888011000 110888 When the European market opens, some Economic Data will be launched, such as French 10-y Bond Auction, PPI m/m, ECB Economic Bulletin, and Spanish Unemployment Modification. The United States will launch the financial data, too, such as Natural Gas Storage, Prelim System Labor Costs q/q, Prelim Nonfarm Performance q/q, Unemployment Claims, and Opposition Task Cuts y/y, so, in the middle of the reports, EUR/USD will relocate a low to mediumvolatility during this day.TODAY’S TECHNICALLEVEL: Breakout BUYLevel: 1.0846.Strong Resistance:1.0839. Original Resistance: 1.0827. Inner Sell Area: 1.0815.Target Inner Location: 1.0787.Inner Buy Area: 1.0758. Initial Support: 1.0746. Strong Support: 1.0734. Breakout OFFER Level: 1.0727. Disclaimer: Trading Forex(forex)on margin brings a high level of risk, and may not appropriate for all investors. The high degree of take advantage of can work against you along with for you. Prior to deciding to purchase forex you should carefully consider your financial investment objectives, level of experience, and risk hunger. The possibility exists that you could sustain a loss of some or all your preliminary investment and therefore you need to not invest money that you can not pay for to lose. You must know all the threats associated with foreign exchange trading, and consult from an independent monetary advisor if you have any doubts.The material has actually been offered by InstaForex Company-www.instaforex.com

By | February 2, 2017

EURUSD.jpg

When the European market opens, some Economic Data will be released, such as French 10-y Bond Auction, PPI m/m, ECB Economic Bulletin, and Spanish Unemployment Change. The US will release the economic data, too, such as Natural Gas Storage, Prelim Unit Labor Costs q/q, Prelim Nonfarm Productivity q/q, Unemployment Claims, and Challenger Job Cuts y/y, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Breakout BUY Level: 1.0846.

Strong Resistance:1.0839.

Original Resistance: 1.0827.

Inner Sell Area: 1.0815.

Target Inner Area: 1.0787.

Inner Buy Area: 1.0758.

Original Support: 1.0746.

Strong Support: 1.0734.

Breakout SELL Level: 1.0727.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Technical analysis of USD/JPY for Feb 02, 2017 888011000 110888 In Asia, Japan will release the Customer Confidence, 10-y Bond Auction, and Monetary Base y/y information, and the US will launch some Economic Data, such as Natural Gas Storage, Prelim Unit Labor Expenses q/q, Prelim Nonfarm Efficiency q/q, Unemployment Claims, and Opposition Job Cuts y/y. So, there is a probability the USD/JPY will move with low to medium volatility during this day.TODAY’S TECHNICAL LEVEL: Resistance. 3: 113.62.Resistance. 2: 113.40. Resistance. 1: 113.18. Assistance. 1: 112.91. Support. 2: 112.68. Support. 3: 112.46. Disclaimer: Trading Forex( forex) on margin brings a high level of danger, and might not be suitable for all investors. The high degree of utilize can work versus you in addition to for you. Before deciding to invest in forex you need to thoroughly consider your investment objectives, level of experience, and threat appetite. The possibility exists that you might sustain a loss of some or all of your preliminary investment and therefore you need to not invest cash that you can not pay for to lose. You should be aware of all the threats associated with foreign exchange trading, and seek advice from an independent monetary consultant if you have any doubts.The material has actually been offered by InstaForex Company-www.instaforex.com

By | February 2, 2017

USDJPY.jpg

In Asia, Japan will release the Consumer Confidence, 10-y Bond Auction, and Monetary Base y/y data, and the US will release some Economic Data, such as Natural Gas Storage, Prelim Unit Labor Costs q/q, Prelim Nonfarm Productivity q/q, Unemployment Claims, and Challenger Job Cuts y/y. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Resistance. 3: 113.62.

Resistance. 2: 113.40.

Resistance. 1: 113.18.

Support. 1: 112.91.

Support. 2: 112.68.

Support. 3: 112.46.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Day-to-day analysis of major sets for February 2, 2017 888011000 110888 EUR/USD: The EUR/USD is bullish in outlook and cost is anticipated to go additional upwards, reaching the resistance lines at 1.0850 and 1.0900. The instant resistance line is at 1.0800, which has actually been evaluated prior to and it would be tested once again (and breached). Some fundamental figures are anticipated today and they would have effect on the market. USD/CHF: The currency trading instrument is bearish in outlook– price has actually gone more downwards today. Any rallies seen here– just like the shallow one presently in place– must be overlooked. There is a Bearish Verification Pattern in the chart and even more downwards motion is expected considering that USD is facing obstacles in two fronts; a strong EUR and a strong CHF. GBP/USD: On GBP/USD, the downwards motion that was seen on Monday and Tuesday has actually shown to be a great opportunity to go long, in combination with the extant bullish trend. Cost is currently at accumulation territory at 1.2650, approaching the circulation areas at 1.2700 and 1.2750. These are the targets for the week. Some basic figures are anticipatedtoday and they would have influence on the market. USD/JPY: No matter what bulls do here, they would just have the ability to move price upwards momentarily. The medium-term trend is essentially bearish, and the marketplace is expected to continue going even more and even more downwards, except something drastic takes place (like an essential factor), which changes the situation in the market.< img width =" 450 "src =" http://qkfx.com/wp-content/uploads/2017/02/daily-analysis-of-major-pairs-for-february-2-2017-3.png" alt =" 4. png “/ > EUR/JPY: This currency cross has actually stagnated substantially in one instructions so far this week. Price has oscillated in between the supply zone at 123.00 and the demand zone at 121.00. Price would need to exceed the need zone to create a bullish signal, or go below the supply zone to develop a bearish signal. The material has been provided by InstaForex Business- www.instaforex.com

By | February 2, 2017

EUR/USD: The EUR/USD is bullish
in outlook and price is expected to go further upwards, reaching the resistance
lines at 1.0850 and 1.0900. The immediate resistance line is at 1.0800, which
has been tested before and it would be tested again (and breached). Some
fundamental figures are expected today and they would have impact on the
market.

1.png

USD/CHF: The currency
trading instrument is bearish in outlook – price has gone further downwards
this week. Any rallies seen here – just like the shallow one currently in place
– should be ignored. There is a Bearish Confirmation Pattern in the chart and
further downwards movement is expected since USD is facing challenges in two
fronts; a strong EUR and a strong CHF.

2.png

GBP/USD: On GBP/USD, the
downwards movement that was seen on Monday and Tuesday has proven to be a good
opportunity to go long, in conjunction with the extant bullish trend. Price is
currently at accumulation territory at 1.2650, going toward the distribution
territories at 1.2700 and 1.2750. These are the targets for the week. Some
fundamental figures are expected today and they would have impact on the
market.

3.png

USD/JPY: No matter what
bulls do here, they would only be able to move price upwards temporarily. The
medium-term trend is essentially bearish, and the market is expected to
continue going further and further downwards, except something drastic happens
(like a fundamental factor), which changes the situation in the market.

4.png

EUR/JPY: This currency
cross has not moved significantly in one direction so far this week. Price has
oscillated between the supply zone at 123.00 and the demand zone at 121.00.
Price would need to go above the demand zone to create a bullish signal, or go
below the supply zone to create a bearish signal.

5.png

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Japan Monetary Base Spikes 22.6% In January

By | February 2, 2017

The monetary base in Japan jumped 22.6 percent on year in January, the Bank of Japan said on Thursday – standing at 435.205 trillion yen.

That follows the 23.1 percent spike in December.

Banknotes in blood circulation included a yearly 4.5 percent, while coins in flow got 1.1 percent.

Current account balances rose 29.7 percent, consisting of a 27.0 percent jump in reserve balances.

The adjusted financial base advanced 20.1 percent on year to 436.356 trillion yen after soaring 28.7 percent in the previous month.

The product has been offered by InstaForex Business – www.instaforex.com

Jonathon Alexander

Daily Video Analysis on AUD/JPY – 1st February 2017 888011000 110888 We take an extensive search AUD/JPY to see if there are any trading chances readily available for us to compromise and generate possible profits from. We describe plainly how we use a series of analytical techniques from Fibonacci retracements to Fibonacci extensions, rate action and oscillators to identify such trading opportunities.Join us and learn how to find excellent trading chances through technical analysis!The material has been offered by InstaForex Business-www.instaforex.com

By | February 1, 2017

We take an in-depth look on AUD/JPY to see if there are any trading opportunities available for us to trade off and generate potential profits from. We explain clearly how we utilize a range of analytical approaches from Fibonacci retracements to Fibonacci extensions, price action and oscillators to determine such trading opportunities.

Join us and learn how to find good trading opportunities through technical analysis!

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander