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Thursday, 19 January 08:55 (GMT -05:00)



Foreign exchange market

Unemployment Data Weaken Kiwi


The New Zealand Dollar stays under the pressure of internal news. In particular, New Zealand has seen an increase in the rate of unemployment. In Q3 2012, the rate of unemployment reached the highest level since 1999.

 

  
 

 

 

The impact is so immense that even the positive news from the domestic housing market have failed to make up it.
 
According to Chris Hunter, manager for Western Union Business Solutions, says that despite higher housing prices (+2.4% in October), investors are currently focused on the unemployment stats as these data are more relevant. This is the major factor that affects the NZD exchange rate.
 
Forex.
 
The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of NXDUSD. The currency pair is currently forming a bearish wave.
 
A break above 0.8122 will set a new target around 0.8099. The current bearish move will be completed as soon as the price overcomes the top of the MF sloping channel and consolidates above 0.8122 (as shown below).
 

 

 

 

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Trading Signals by Dukascopy 17.01.2017

These are the Main Daily Trading Signals with a closer look at the technical models and how they compare with the interbank at 8 AM GMT.
Euro/Dollar sees 4 buy prompts on both its 1 and 4-hour charts, but the 24-hour scale turns neutral with 5 models, and it is in line with the less than 1% long interbank.

Publication date: 17 January 09:46 AM

Orbex: Executing Orders In Client's Favor

For any FX trader out there, it’s really important, even vital, to choose the right broker to trade with. Even if you are a pro trader and really know how to make tons of money trading currencies, or pretty much any other financial assets available, nothing will actually help you to make money if you have signed up with a disreputable broker or even a scam. I hope the reasons are obvious.

Publication date: 17 January 08:44 AM

Masterforex-V Club’s «PrivateFX №1» Portfolio: New Year - New Profits

They say, the way you spend New Year’s Eve is the same way you’ll spend the rest of the year. This is something Masterforex-V experts would like to believe now. Those who invested in the PrivateFX №1 portfolio, could see their managers make profits over the first 2 weeks of 2017.
 

 

Even despite the fact that there were a lot of days-off over the reporting period, the portfolio, which initial started at $15K in early 2016, got $267,1 or +1,78% of profit this time. This is a good start of the year, isn’t it?
Publication date: 17 January 06:41 AM

Trading Signals by Dukascopy 16.01.2017

You're watching the Main Daily Trading Signals for Monday. Here's how the interbank compares with the technicals at 8 AM GMT.
All three time ranges bring different results for the Euro/Dollar, which is mostly bearish in the short-term. The mid-term turns neutral with 4 models, and the daily outlook brings 4 buy prompts. Neutral at less than 1% long, the interbank supports the 4-hour models.

Publication date: 16 January 07:10 AM

Vipro Markets: Successful Trader Means Free Trader

Any trader, whether this is a beginner or a professional with many years of expertise, needs a reliable broker to trade financial markets. Such a company is required to be able to provide access to international financial markets and to back optimal trading decisions as the broker’s efficient trading technologies guarantee safety of client funds.

Publication date: 14 January 09:25 AM

TOP5 Masterforex-V Traders Made 4541 Profits of Profit in December 2016

In one of the previous articles we already reported that Masterforex-V Academy’s 60 best traders have set a new profitability record by generating really amazing profits – over 70 000 points in The first half of December alone. December has been a profitable month as well. As of December, they have made over 54000 points of profit.

Publication date: 11 January 10:54 AM

Strengthening Dollar May Challenge Global Economy

The U.S. Dollar is currently strengthening, which may become a problem for the entire global economy.  The rally seems to be confident. The tendency started after Donald Trump won the U.S. presidential election 2016. On top of that, the American currency is now 40% stronger than 5 years ago.

 

 
Publication date: 02 January 08:17 AM

Active Investor by PrivateFX – World’s Best Investment Product 2016

Forex investments are some of the best way to invest your money for a considerable passive income, especially if compared with investments in residential property, startups, stocks, bank deposits etc.

Publication date: 30 December 07:00 PM

MetaTrader vs MetaTrader: Who will win the fight between МТ5 and МТ4?

Statistics show that that MetaTrader 4 is the most popular trading software in the world when it comes to Forex trading. MT4 is a masterpiece by MetaQuotes. However, the company has been actively promoting a newer version of the trading software, which is MetaTrader 5. The company’s experts say that the process of switching to the new software is very slow.
 
Publication date: 30 December 05:31 PM

Orbex: Gold is still one of the best assets for FX traders

If you ask investors which is the most reliable asset to invest in today, they will probably answer that this is gold. Indeed, gold prices has their ups and downs from time to time. However, if to compare gold to other conventional assets, the upward potential is more vivid and considerable.

 

 
Publication date: 30 December 04:08 PM