Mon, 13 Feb 2017 06:07:00 +0000
It's time for this week's first Main Daily Trading Signals. Here's how the interbank compares with the technicals at 8 AM GMT.
First up is the Euro/Dollar with 4 neutral models in the short-term. The mid-term is split between red and neutral studies, and the daily outlook brings 6 sell prompts, but, in contrast, the interbank is neutral at less than 2% short.
4 studies point North on the Cable's hourly chart. The mid and long-term scales turn neutral with 5 models each, but the technicals are not supported by the interbank, which is bearish at more than 23% short.
Dollar/Yen sees 5 neutral models on both its 1 and 4-hour charts, and the 24-hour scale is divided between green and neutral signals. As to the interbank, it is bearish at more than 16% short, and it does not match the technicals.
Neutral signals prevail on Pound/Yen's hourly chart. The mid-term sees a mix of green and neutral models, and the daily chart is back to neutral with 4 studies. The interbank is neutral as well at less than 6% short, in line with the 1 and 24-hour technicals.
And Euro/Yen sees consistent results across the table, as it has exactly 5 neutral models in the short, mid and long-term. The interbank is also neutral at less than 15% short, backing up the technicals.
I'm Kiays Khalil and you've been watching the Primary Daily Trading Signals for Monday. Stay tuned for the hourly updates.
Video made by Dukascopy specialists
You are free to discuss this article here: forum for traders and investors
These days, trading signals has become really popular among retail traders and investors from all over the world. Speaking about those signals, they come in different shapes. For instance, auto-copying is one of the most popular formats of providing trading signals to retail clients.
In February 2017, those who invested in Masterforex-V Academy’s best traders by copying their trades in auto mode got paid handsomely once again, pro-rebate.com experts report. To be more specific, the 60 best traders collectively made over 67000 points of profit. The top 5 traders made 4270 points of the mentioned profit.
The crypto currency as phenomenon emerged not so long ago compared to other digital means of payment. However, since then, it has already managed to will its own place under the sun, and it keeps on getting more and more popular across the entire Internet. More and more people start using crypto currencies as an online means of paying for products and services both offline and inline. On top of that, Bitcoin and other crypto currencies allow an increasing amount of people out there to make money for a living.
For those of you who don't know, Bitcoin has been one of the biggest financial newsmakers over the last few weeks. After a prolonged rally (at some point, Bitcoin even got more expensive than gold) connected with certain events, the crypto currency unexpectedly dropped only to recover most of the lost ground a few days later.
When it comes to investing money, it’s always a good idea to advance slowly but surely. The past trading week happened to be a success for the managers of the «PrivateFX №1» portfolio. In particular, the 5 trading days of the week ended up with 106,43 dollars of profit, which is 0,71%. This is not that much in absolute terms. However, within 12 months of such a profitability, the initial capital of $15K could see around $6600 on top.
In late February, the exchange rate of Bitcoin, the world’s first and most popular crypto-currency, reached a new all-time high – 1 183,68 USD/BTC. This happened earlier in the morning, on February 24, at itNit, which is a New York-based exchange. A couple of hours before setting the all-time high, the exchange rate exceeded the $1000 threshold.
Misfortunes are always followed by good luck. This is what PrivateFX №1 investors hope for. And they really have a reason for that, even though February didn’t turn out to be a profitable month for them. the thing is, after the profit made at the very beginning of the trading month, the investment portfolio saw an unpleasant drawdown, even though a minor one.
Last Friday, Pierre Moscovici, who is the European Commissioner for Economic and Financial Affairs, Taxation and Customs, visited Athens to discuss with the Greek government the report on the situation with the Greek debt to the international lenders.