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Wednesday, 22 October 19:51 (GMT -05:00)


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Foreign exchange market

Egan Jones Downgrades US Rating


 

 

Egan Jones Rating Company has downgraded the USA’s rating down to AA with a negative forecast. The major reason for that is the fact that the US public debt has exceeded 10% of the country’s GDP. During the period of 2008-2010 the US debt increased by 23.6% while its GDP gained only 1.6% over the same period of time. Egan Jones experts expect the debt will reach 106^ of the US GDP in late 2012.
 

 

 

 

 

 

It should be noted that in July 2011 Egan Jones downgraded the country’s rating a month before S&P did the same, which caused a collapse in the US stock market in August 2011.
 
The private rating company - Egan Jones – deserves attention it was the only to downgrade the rating of the infamous MF Global long before its bankruptcy in 2011. Egan Jones was founded in 1995. It is sponsored by institutionary investors and is independent from major financial institutions.
 
According to Masterforex-V Academy, the USD index has formed wave «А/В» 78,80-80,38 of wave level Daily. The uptrend will resume if the price breaks above the MF pivot 80,32 and forms a FZR above it. A mid-term trend reversal will take place if the price breaks and consolidates below 78,95.

 

 

 

 

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AUD/USDTechnical Analysis 21st October 2014

AUD/USDTechnical Background

The AUD is quite a volatile currency. Over recent years it has fluctuated in value against the USD by as much as two thirds. However although it is volatile, the AUD/USD pair does tend to both trend and turn around quite smoothly, meaning this pair can be a real pleasure to trade. Both the USD and JPY have a large influence upon the value of AUD, and of course the currency has been highly correlated with the price of Gold.
 

Publication date: 22 October 06:22 PM

USDJPY: Dollar Keeps On Retracing Versus Yen Amid Lower Nikkei Index

 

The 10-year US bonds, USDJPY and S&P 500 managed to gain value at the end of last trading week, thereby forming reversal patterns. Even though, those patterns are indicating the likelihood of a reversal, confirmation is needed. This will happen only if all the 3 instruments close the current trading week in the green zone. If this is the case, we may well see a further rally in the market of USDJPY.

Publication date: 21 October 09:56 AM

Euro Gains Value Against US Dollar

 

Yesterday’s trading session was won by the buyers. At the end of the American trading session, the common European currency gained some value against the SU Dollar, thereby reaching 1.2839. Since then, the price level has been the weekly high.

Publication date: 21 October 09:28 AM

Forex Investors Get Over 918% Monthly Profit in September on RVD Markets Portfolios of Invest-Accounts

 

Today the international exchange market Forex, being the largest by money turnover and most progressive by innovations, provides numerous variants of getting high profits. However, most of them require certain knowledge and practical skills as well as psychological stability and ability to work without giving way to emotions.
Publication date: 20 October 07:12 PM

Masterforex-V Academy Member Makes 145% In 4 Weeks

 

Both in life and in financial markets, the strongest survive. This statement is hard to disprove since benefiting from trading financial markets like Forex is a business that requires diligence, patience, experience, skills and a profitable strategy. The strongest in financial markets are those guys who are quick to adapt to the rapidly changing environment of contemporary financial markets and those who do not panic when the market goes against their predictions and common sense (which is sometimes the case). 

Publication date: 20 October 02:04 PM

EURUSD Outlook

 

Friday’s American trading session turned out to be a losing one for the common European currency since the pair started going down at the end of the week. In particular, the currency pair decreased from 1.2837 down to 1.2742.  The US Dollar kept on strengthening even amid controversial US housing stats released on that day.

Publication date: 20 October 10:35 AM

Euro Starts Trading Week With Slight Weakness

 

Friday’s American trading session turned out to be a losing one for the common European currency since the pair started going down at the end of the week. In particular, the currency pair decreased from 1.2837 down to 1.2742.  The US Dollar kept on strengthening even amid controversial US housing stats released on that day.

Publication date: 20 October 08:02 AM

Fort Financial Services Resumes Five-Year Activity at Forex

 

Few Forex brokers can boast of wide popularity among traders and not smaller client base, which constantly increases. Fort Financial Services is one of such world-famous companies. According to its clients, the broker provides one of best technologies and products at the market, which provide stable, safe, and profitable trading.
 
Publication date: 19 October 05:51 PM

Fort Financial Services Called Best Forex Broker in August 2014

 

Statistically, only 10% of forex traders get stable get large profit, whereas the bulk of participants of international currency market make not as much and not as regularly, as they would like to. And there is the third category of traders – those, who rarely get income, which is hardly enough to cover the former losses.
 
Publication date: 18 October 01:44 AM

EURUSD Consolidates

 

Today, on October 17th, during the European trading session, the common currency managed to regain some of its value against the world’s most popular currency, which is the American Dollar.  Still, the recovery was rather weak.  EURUSD rallied from 1.2780 up to 1.2839, thereby making a narrow trading range between the levels. With that said, the currency pair has been trading within the range since the beginning of the American trading session.

Publication date: 17 October 11:39 AM