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NPBFX Limited
Broj poruka : 29
Points : 264
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

NPBFX Analytics

on Sun Jun 04, 2017 1:15 pm
USD/TRY: Ichimoku clouds
2017-06-02 21:17 (GMT+2) USD/TRY


Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (3.4900). The closest resistance level is Tenkan-sen line (3.52119).


On the daily chart Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (3.4925). The closest resistance level is Tenkan-sen line (3.5453).
Recommendation

On the both charts the instrument is still falling. It is recommended to open short positions at current price with the target at the level of previous minimum of Chikou Span line (3.4000) and Stop Loss at the lower border of the cloud (3.5570).

Scenario

  • Timeframe Weekly
  • Recommendation SELL
  • Entry Point 3.5056
  • Take Profit 3.4000
  • Stop Loss 3.5570
  • Key Levels 3.4000, 3.4250, 3.4630, 3.5000, 3.5230, 3.5550.


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
avatar
NPBFX Limited
Broj poruka : 29
Points : 264
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

Re: NPBFX Analytics

on Sun Jun 04, 2017 1:18 pm
FTSE: Ichimoku clouds
2017-06-02 20:55 (GMT+2) FTSE



Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is approaching the price chart from above, current cloud is ascending. The instrument is trading between Tenkan-sen and Kijun-sen lines. Kijun-sen and Tenkan-sen lines have become support (7546.1) and resistance (7565.2) levels respectively.



On the daily chart Tenkan-sen line is above Kijun-sen, the red line is directed upwards, while the blue one remains horizontal. Confirmative line Chikou Span is above the price chart, current cloud has reversed from descending to ascending. The instrument has been corrected to the Tenkan-sen line. The closest support level is Tenkan-sen line (7535.5). One of the previous maximums of Chikou Span line is expected to be a resistance level (7566.9).
Recommendation

On the four-hour chart we can see a correction of the upward movement. On the daily chart the Bullish trend is still strong. It is recommended to open long positions at current price with Take Profit at the level of previous maximum of Chikou Span (7590.8) line and Stop Loss at the level of Kijun-sen line (7546.1).

Scenario

  • Timeframe Intraday
  • Recommendation BUY
  • Entry Point 7556.6
  • Take Profit 7590.8
  • Stop Loss 7546.1
  • Key Levels 7546.1, 7565.2, 7590.8


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
avatar
NPBFX Limited
Broj poruka : 29
Points : 264
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

Re: NPBFX Analytics

on Sun Jun 04, 2017 1:20 pm
XAU/USD: Fibonacci analysis
2017-06-02 15:43 (GMT+2) Gold

On the 4-hour chart the price is testing the upper border of the sideway channel 1273.70-1259.80 (corrections 0.0% and 23.6%), within which the price is trading for a week. The breakout of the 1273.70 will let the price to grow to April maxima to the area of 1292.00. In case of the breakdown of the correction cluster 1262.30-1259.80 the price can lower to the level of 1253.00 (correction 50.0% for the middle term trend) and to correction cluster 1244.00.

On the daily chart the price is growing, consolidated above the level of 1254.00 (correction 23.6%), the level of 1293.20 (correction 0.0%). In case of the reversal and breakdown of the level of 1254.00 the price can lower to the level of 1230.00 (correction 38.2%). However Stochastic is reversing upwards again, so the growth of the price is predicted.





Trading scenario

Open long positions if the price is set above the level of 1273.70 with the target at 1292.00. Stop loss is around 1267.50.

Alternative scenario

Sell the pair if the price is set below the level of 1259.80 with the target at 1253.00, 1244.00 and stop loss at 1263.00.

Scenario

  • Timeframe Weekly
  • Recommendation BUY STOP
  • Entry Point 1273.80
  • Take Profit 1292.00
  • Stop Loss 1267.50
  • Key Levels 1230.00, 1244.00, 1254.00, 1259.80, 1262.30, 1273.70, 1292.00, 1293.2


Alternative scenario

  • Recommendation SELL STOP
  • Entry Point 1259.70
  • Take Profit 1253.00, 1244.00
  • Stop Loss 1263.00
  • Key Levels 1230.00, 1244.00, 1254.00, 1259.80, 1262.30, 1273.70, 1292.00, 1293.20


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
avatar
NPBFX Limited
Broj poruka : 29
Points : 264
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

Re: NPBFX Analytics

on Thu Jun 08, 2017 8:16 am
AUD/JPY: Ichimoku clouds
2017-06-08 07:25 (GMT+2) AUD/JPY



Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is above the price chart, current cloud is going to reverse from descending to ascending. The instrument has entered the cloud. The closest support level is the lower border of the cloud (82.356). The closest resistance level is the lower border of the cloud (83.047).



On the daily chart Tenkan-sen line is below Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading between Tenkan-sen and Kijun-sen lines. The closest support level is Tenkan-sen line (82.333). The closest resistance level is Kijun-sen line (83.116).
Recommendation

On the four-hour chart the instrument is trading within the cloud. On the daily chart the Bearish trend is still strong. It is not recommended to open positions at current price. Pending orders should be placed at the cloud’s borders: sell at the level of 82.356, with Take Profit at 81.799 and Stop Loss at 83.047; buy at the level of 83.047, with Take Profit at 83.800 and Stop Loss at 82.356.

Scenario
Timeframe Weekly
Recommendation BUY STOP
Entry Point 83.047
Take Profit 83.800
Stop Loss 82.356
Key Levels 82.333 82.356 83.047 83.116

Alternative scenario
Recommendation SELL STOP
Entry Point 82.356
Take Profit 81.799
Stop Loss 83.047
Key Levels 82.333 82.356 83.047 83.116


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
avatar
NPBFX Limited
Broj poruka : 29
Points : 264
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

Re: NPBFX Analytics

on Wed Jun 14, 2017 4:16 pm
XAU/USD: general review
2017-06-14 13:44 (GMT+2) Gold



Current trend
During Tuesday trading gold prices have not changed significantly as the majority of the investors did not take any active effort in view of the upcoming FOMC decision on the interest rate and the announcement of further direction of the fiscal policy. XAU/USD is consolidating around the strong resistance level of 1270.00.

The rate is expected to be increased by 25 basis points which is also confirmed by FOMC futures showing 96% chance of increase. Investors will be focused on any hints at the upcoming increases of the interest rate in 2017.

Brefore the decisions of the US monetary regulator is announced, traders will be able to react to the data on consumer inflation and retail sales in the USA. According to the experts, consumer price index will mae up 0.2%, and sales will increase by 0.1%.

Inflation data is of great importance as FOMC keeps in under stict control. If the indicator is below expectations and FOMC makes "dovish" comments about the economy, this will be a "bearish" signal for returns on US treasury bonds and a "bullish" one for gold.

If the Open Markets Committee decides to reduce the number of rate increases this year and move the next round to December, this will be appreciated by the "bulls". The preservation of the possibility of two rate increases will be good news for the "bears".

Support and resistance
On the H4 chart XAU/USD is consolidating around 1270.00. MACD indicator is above the signal line with its volumes reducing, and Stochastic lines are directed upwards. There is a buying signal.

Support levels: 1264.00, 1260.00, 1255.00.
Resistance levels: 1270.00, 1276.80, 1285.00, 1290.00.

Trading tips
The pair may be bought after breaking through the level of 1270.00 with targets at 1276.00 and stop-loss at 1267.00.
Short positions will be relevant below the level of 1264.00 with targets at 1260.00 and stop-loss at 1267.00.
The period of implementation is 1-2 days.

Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 1270.10
Take Profit 1276.00
Stop Loss 1267.00
Key Levels 1255.00, 1260.00, 1264.00, 1270.00, 1276.80, 1285.00, 1290.00

Alternative scenario
Recommendation SELL STOP
Entry Point 1263.90
Take Profit 1260.00
Stop Loss 1267.00
Key Levels 1255.00, 1260.00, 1264.00, 1270.00, 1276.80, 1285.00, 1290.00


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
avatar
NPBFX Limited
Broj poruka : 29
Points : 264
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

Re: NPBFX Analytics

on Wed Sep 27, 2017 1:34 pm
EUR/USD: euro is going down
2017-09-27 09:48 (GMT+2) EUR/USD

Current trend

During the trading session on Tuesday, September, 26, European currency fell against the US dollar and renewed the local minimum since August, 23. The euro is still under pressure due to the Germany's parliament elections results: Merkel’s party has to find the new coalition, while the right wing party gained enough support to affect the political alignment of force in the county significantly.

Dollar is supported by the optimistic commentaries of the Fed’s representatives. Yesterday the head of the regulator Janet Yellen said that the further growth of the rates was necessary, despite the inflation level was still insufficient. USD is positively affected by the anticipation of the Trump’s tax reform, which has to be unclosed during the next 24 hours.

Support and resistance

On the daily chart Bollinger Bands began to lower in the short term. The price range is slightly widened from below. The slowing of the fall of euro or the short term appearance of the flat dynamics is expected.

MACD indicator is still keeping the strong downward trend with a sell signal (the histogram is below the signal line). In addition, the indicator is trying to consolidate below the zero line. The current readings of the indicator reflect the great potential of the short term downward trend development.

Stochastic is going downwards, but it’s close to its lows and reflects that euro will be oversold in the sort or very short term. According to the indicator, the correctional growth can be formed in the nearest few days.

*  Resistance levels: 1.1800, 1.1826, 1.1860, 1.1909.
*  Support levels: 1.1755, 1.1710, 1.1682.




Trading tips

Long positions can be opened after the correctional moods appear and after the steady breakout of the level of 1.1826. The “bulls” target will be at the level of 1.1950. Stop loss is 1.1765. Implementation period: 2-3 days.

The breakdown the level of 1.1755 can be a signal to open short positions with the target at 1.1675. Stop loss is 1.1800. Implementation period: 1-2 days.

Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 1.1830
Take Profit 1.1950
Stop Loss 1.1765
Key Levels 1.1682, 1.1710, 1.1755, 1.1800, 1.1826, 1.1860, 1.1909

Alternative scenario
Recommendation SELL
Entry Point 1.1752
Take Profit 1.1675
Stop Loss 1.1800
Key Levels 1.1682, 1.1710, 1.1755, 1.1800, 1.1826, 1.1860, 1.1909


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
avatar
NPBFX Limited
Broj poruka : 29
Points : 264
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

Re: NPBFX Analytics

on Wed Sep 27, 2017 2:44 pm
Brent Crude Oil: oil prices are growing
2017-09-27 13:14 (GMT+2) BRENT

Current trend

The price of Brent oil has been rapidly growing for two months. The upward tendency is explained by considerable recent reduction of the rate of the US currency. The quotes are also reacting to a certain reduction of supply in the oil market. This effect may be connected to OPEC+ transaction that might be joined by Nigeria in the near future.

One may notice higher growth rate of oil prices and easy breakthroughs of key resistance levels. Minor correction during the current trading week is explained by the growth of USD rate. Special attention should be paid to the data on oil stock changes according to the US Department of Energy. Also the price may react to key data on the USA including durable goods, labor market, and GDP.

Support and resistance

Technical indicators confirm the possibility of further growth. MACD indicates the growth in the volume of long positions, and the upper line of Bollinger Bands shows the next strong resistance level at 59.20.

Support levels: 57.10, 56.50, 56.20, 55.75, 54.70, 53.50, 51.00.
Resistance levels: 58.25, 58.75, 59.00, 59.20, 60.00, 62.50, 65.00.




Trading tips

In this situation long positions may be opened from the current level with target at 59.20 and stop-loss at 56.20.

Scenario


  • Timeframe Weekly
  • Recommendation BUY
  • Entry Point 57.77
  • Take Profit 59.20
  • Stop Loss 56.20
  • Key Levels 51.00, 53.50, 54.70, 55.75, 56.20, 56.50, 57.10, 58.25, 58.75, 59.00, 59.20, 60.00, 62.50, 65.00


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
avatar
NPBFX Limited
Broj poruka : 29
Points : 264
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

Re: NPBFX Analytics

on Wed Sep 27, 2017 5:08 pm
GBP/USD: the pound may continue to go down
2017-09-27 14:54 (GMT+2) GBP/USD

Current trend

This week the pair continued to develop downward correction and by now has reached the level of 1.3360. Statements of the Fed's representatives have the key influence on the pair.

On the other hand, the pair is under pressure from the fact that the US Department of Trade increased a tariff for the import of Bombardier products up to 220% due to unfair competition. The pressure may continue in case strong data on durable goods are released from the USA (the indicator is expected to grow by 1.0%) or the market has positive reaction to Trump's tax reform suggestions. Maximum individual tax rate is expected to decrease to 35% and corporate one to fall to 20%.

Support and resistance

Technically, after seven days of consolidation the price is testing the level of 1.3427 (Murrey level [6/8]) and may continue the fall to 1.3300 (Murrey level [5/8], Fibo correction 23.6%) and 1.3180 (Murrey level [4/8]). Stochastic is attempting a reversal near the oversold zone and does not exclude new growth to 1.3550 (Murrey level [7/8]) and 1.3670 (Murrey level [8/8]), but in view of today's fundamental data the growth of the price seems less possible.

Support levels: 1.3300, 1.3180, 1.3060.

Resistance levels: 1.3427, 1.3550, 1.3670.



Trading tips

In the current situation short positions should be opened at the current price with targets at 1.3300, 1.3180 and stop-loss at 1.3440. If the price consolidates above 1.3427, long positions could be opened with targets at 1.3550, 1.3670 and stop-loss at 1.3400.

Scenario

Timeframe Intraday
Recommendation SELL
Entry Point 1.3385
Take Profit 1.3300, 1.3180
Stop Loss 1.3440
Key Levels 1.3060, 1.3180, 1.3300, 1.3427, 1.3550, 1.3670

Alternative scenario

Recommendation BUY STOP
Entry Point 1.3430
Take Profit 1.3550, 1.3670
Stop Loss 1.3400
Key Levels 1.3060, 1.3180, 1.3300, 1.3427, 1.3550, 1.3670


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
avatar
NPBFX Limited
Broj poruka : 29
Points : 264
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

Re: NPBFX Analytics

on Fri Oct 13, 2017 10:55 am
EUR/USD: mixed dynamics in the end of the week
2017-10-13 10:21 (GMT+2) EUR/USD

Current trend

During the trading session on Thursday, October, 12, European currency fell against the US dollar, stepping back from the maximum of September, 25. The downward trend is due to the positive US Initial Jobless Claims data and Producer Price Index, which let the investors hope that Friday’s Consumer Price Index will be strong.

On October, 6, the Initial Jobless Claims indicator fell 258K to 243K, while the analysts expected the value of 251K. The Consumer Price Index grew by 0.4% MoM and 2.2% YoY in September, which exceeds the analysts’ expectations of +0.2% MoM and +2.0% YoY.

On Friday, October, at 14:30 (GMT+2) the block of key September statistic of retail sales and consumer inflation will be published in the USA. After FOMC Minutes, published this week earlier, the investors are focused on the price dynamics, as it can affect Fed’s decision upon the interest rate rise.

Support and resistance

On the daily chart Bollinger Bands’ dynamics is flat. The price range is not widening, being quite narrow for the current volatility level. It’s better to use channel trading strategy.

MACD is growing, keeping quite strong buy signal (the histogram is above the signal line) and trying to consolidate above the zero line. It’s possible to keep some of the current long positions in the short term, but not to open new ones.

Stochastic has crossed the level of 80 and reversed into flat, reacting to the “bearish” dynamics on Thursday, October, 12. The indicator reflects that the correctional fall is possible in the short term.

Resistance levels: 1.1860, 1.1878, 1.1909, 1.1950.
Support levels: 1.1820, 1.1800, 1.1755, 1.1730.




Trading tips

Long positions can be opened after the breakout of the level of 1.1860–1.1878 with the target at 1.1950. Stop loss is 1.1820–1.1830. Implementation period: 2-3 days.

The correctional dynamics development and the breakdown of the levels 1.1820–1.1800 can be the signal to open short positions with the target at 1.1700. Stop loss is 1.1850. Implementation period: 2-3 days.

Scenario

Timeframe Intraday
Recommendation BUY STOP
Entry Point 1.1865, 1.1890
Take Profit 1.1950
Stop Loss 1.1820, 1.1830
Key Levels 1.1730, 1.1755, 1.1800, 1.1820, 1.1860, 1.1878, 1.1909, 1.1950

Alternative scenario
Recommendation SELL STOP
Entry Point 1.1810, 1.1790
Take Profit 1.1700
Stop Loss 1.1850
Key Levels 1.1730, 1.1755, 1.1800, 1.1820, 1.1860, 1.1878, 1.1909, 1.1950


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
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