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Broj poruka : 32
Points : 908
Date of Entry : 2015-04-22
Godina : 27
View user profilehttps://www.exness.com/a/sa1s9l0u

Exness Analytical Reviews

on Thu Jul 02, 2015 10:43 pm
The USDCAD pair broke the May peak

USDCAD
July 2, 2015, 11:15
Buy on a level breakthrough of 1.2604 with 1.2671 target. Stop loss = 1.2550.
Reason for the trading strategy
The renewed increase in oil inventories in the US, uncertainty over Greece and a strong dollar put pressure on the Loonie.

In the framework of the uptrend, opening long positions on the USD/CAD pair is worth considering at the level breakthrough of 1.2604.
 
USDCAD, Daily



GOLD: under pressure before publication of the monthly report on the US labor market
XAUUSD
July 2, 2015, 11:11
Sell on a level breakthrough of 1163 with 1142 target. Stop loss = 1173.
Reason for the trading strategy
The decline in unemployment in the US from 5.5% to 5.4%, expected in June, will push the US Federal Reserve towards an imminent tightening of the interest rate policy. According to the head of the Federal Reserve Bank of St. Louis James Bullard, raising the federal funds rate in the United States may take place in September 2015.
 
GOLD, Daily


EURJPY: consolidation in the 135.88 - 137.85 range
EURJPY
July 2, 2015, 11:13
Sell on a level breakthrough of 135.88 with 133.70 target. Stop loss = 136.50.
Reason for the trading strategy
Yesterday, Moody's international rating agency downgraded Greek government bonds from "Caa2" to "Caa3".

According to him, without the international institutions' support, Greece will default on the private sector commitments.
 
EURJPY, H4


AUDUSD: under pressure after the publication of data on Australia's foreign trade
AUDUSD
July 2, 2015, 10:00
Sell on a level breakthrough of 0.7592 with 0.7542 target. Stop loss = 0.7642.
Reason for the trading strategy
In May, Australia's trade deficit amounted to 2.75 billion Australian dollars with a forecast of 2.21 billion Australian dollars. The decline in net exports, which are part of the country's GDP, put pressure on the AUD/USD pair. At the level breakthrough of 0.7592, opening short positions in the Aussie should be considered.
 
AUDUSD, H4




GBPUSD: under pressure against the background of a reduction in the business activity index in the UK's manufacturing sector
GBPUSD
July 2, 2015, 09:58
Sell on a level breakthrough of 1.5588 with 1.5500 target. Stop loss = 1.5640.
Reason for the trading strategy
The June decline from 52.0 p. 51.4 to p. in the business activity index in the UK's manufacturing sector and the strengthening of the US dollar in the international foreign exchange market related to the events in Greece brought the pound beyond the lower limit of the 1,5660-1,5785 range. Today, the publication of the monthly US labor market report may put pressure on the pound.
 
GBPUSD, H1


EURUSD: under pressure against the background of a growing US dollar
EURUSD
July 2, 2015, 09:55
Sell on a level breakthrough of 1.1035 with 1.0951 target. Stop loss = 1.1085.
Reason for the trading strategy
Yesterday's US macroeconomic data was better than expected, supporting the dollar. The ISM business activity index in the US manufacturing sector rose from 52.8 p. to 53.5 p., the number of ADP jobs in the US private sector increased by 237 thousand. After a recent decline to 2.3%, the yield on 10-year-olds US bonds rose to 2.42%.
 
EURUSD, H4
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Broj poruka : 32
Points : 908
Date of Entry : 2015-04-22
Godina : 27
View user profilehttps://www.exness.com/a/sa1s9l0u

Re: Exness Analytical Reviews

on Thu Jul 16, 2015 12:14 pm
2015-07-16
USDCAD: growth against the background of lower key interest rates in Canada

Buy on rebound from 1.2870 level with 1.2935 target. Stop loss = 1.2820.
Reason for the trading strategy

Yesterday, the Bank of Canada lowered its key interest rate from 0.75% to 0.5%. According to the regulator, investment in the energy sector will be reduced by 40% in 2015. The Bank of Canada expects the GDP to decrease by 0.5% (y/y) in Q2. In Q3 2015, the regulator predicts the GDP to grow by only 1.5% (y/y), and the inflation rate to grow up to 2% (y/y) no earlier than the first half of 2017.

NZDUSD: under pressure after the publication of the consumer price index in New Zealand
Buy on a level breakthrough of 0.6534 with 0.6594 target. Stop loss = 0.6484.

Reason for the trading strategy

In June, the business sentiment index in New Zealand's manufacturing sector rose from 52 p. to 55.2 p. The consumer price index in New Zealand in Q2. 2015 rose from - 0.3% (q/q) to 0.4% (q/q), but was worse than the forecast of 0.5% (q/q). An insufficiently strong rise in inflationary pressures increased the likelihood of a future rate cut in the country and forced market participants to sell the kiwi. Currently, the US dollar is losing ground against the euro, contributing to the Kiwi's adjustive rebound from the intraday low.

EURUSD: adjustment from the 1.0915 support level

Buy on a level breakthrough of 1.0964 with 1.1034 target. Stop loss = 1.0914.

Reason for the trading strategy

In the short term, the euro zone leaders should not worry about the euro zone's future, as the Greek Parliament yesterday backed the austerity measures put forward by the lenders, against which the Greeks voted in the referendum. Today, the euro may be supported by the inflation data in the euro zone and the ECB President M.Draghi's speech.
avatar
Broj poruka : 32
Points : 908
Date of Entry : 2015-04-22
Godina : 27
View user profilehttps://www.exness.com/a/sa1s9l0u

Re: Exness Analytical Reviews

on Wed Jun 01, 2016 12:00 pm
06.01.2016


The technical picture in the EURUSD pair remains unchanged

Sell on a level breakthrough of 1.1097 with 1.1000 target. Stop loss = 1.1150.

Reason for the trading strategy
The annual consumer price inflation rose from -0.2% to -0.1% in the Eurozone in May. This figure amounted to 1.1% (y/y) in the US at the end of April. The US are much closer to the goal of attaining the inflation rate of 2% per annum than the Eurozone is, which allows the US regulator to continue the process of normalization of monetary policy, which began in December 2015. Probably the ECB will not agree to higher rates earlier than the second half of 2017 (after the end of the asset purchases process in the Eurozone in spring of 2017).

EURUSD, H4


USDCHF: consolidation after publication of the economic statistics for Switzerland

Buy on a level breakthrough of 0.9956 with 1.0006 target. Stop loss = 0.9906.

Reason for the trading strategy
Switzerland's GDP increased by 0.1% (q/q) in Q1 2016, with a forecast of 0.3% (q/q). In April the Swiss retail sales decreased by 1.9% (m/m), with a forecast of a 0.8% (m/m) decline. The statistics indicates an extremely moderate growth of the national economy and low consumer activity of Swiss households.

USDCHF, H1


AUDUSD: growth against the background of a growth of Australia's GDP

Buy on a level breakthrough of 0.7300 with 0.7400 target. Stop loss = 0.7250.

Reason for the trading strategy
Australia's GDP increased by 1.1% (q/q) and to 3.1% (y/y) in Q1 2016, with a forecast of 0.8% (q/q) and 2.8% (y/y). The official business activity index in China's manufacturing sector has not changed in May and amounted to 50.1 p., with a forecast of 50 p. The positive statistics has supported the Aussie, which has just got closer to the level of $0.73. Currently, the growth of the AUDUSD pair is impeded by the strong global reserve currency.

AUDUSD, H4
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