Tag Archives: AUD Australian Dollar

*Germany Q4 Exports -0.2% On Quarter, Imports +1.3%

Germany Q4 Exports -0.2% On Quarter, Imports +1.3% The material has been provided by InstaForex Company – www.instaforex.com…

South Korea Consumer Confidence Weakens In February

South Korea’s consumer confidence weakened in February after rising in the previous month, survey results from Bank of Korea showed on Tuesday. The consumer confidence index fell to 96.9 in February from 104.2 in January. In December, the index reading was 100.5. The indicator for consumer sentiment regarding current living standards decreased two point to 91, while that concerning the outlook for living standards declined four point to 93 in January. Consumer sentiment related to future household income and future spending fell four points to 97 and 106, respectively. Consumer sentiment concerning current domestic conditions decrease twelve points to 66 and future domestic economic conditions fell eleven points to 76. The expected inflation rate for the following year was 1.7 percent. The survey was conducted among 2,500 households between February 10 and 17. The material has been provided by InstaForex Company – www.instaforex.com…

GBP/USD: plan for the European session on February 25. Buyers of the pound are counting on good news on trade negotiations

To open long positions on GBPUSD, you need:
On Monday morning, the British pound fell. However, the bulls quickly took control of the market, forming the lower border of the ascending channel already in the North American session, which I drew attention to in my review yesterday. While trading is above the intermediate support of 1.2933, which acts as the middle of the wide side channel of 1.2890-1.2980, we can expect the pound to return to the maximum of last week in the area of 1.2978 and its update, which will lead to a test of the area of 1.3020, where I recommend taking the profits. Without such a scenario, talking about the long-term advantage of buyers will not be entirely true, especially since the beginning of trade negotiations between the UK and the EU promises to be very problematic. If the bulls do not cope with this task, most likely, the pressure on the pound will return. So, it is best to open new long positions after forming a false breakdown in the support area of 1.2889 or immediately on a rebound from the minimum of 1.2851.
To open short positions on GBPUSD, you need:
The sellers of the pound will try to…

*Japan Producer Prices +2.3% On Year In January

Japan Producer Prices +2.3% On Year In January The material has been provided by InstaForex Company – www.instaforex.com…

Japan Producer Price Data Due On Tuesday

Japan is on Tuesday scheduled to release January numbers for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are forecast to hold steady, higher by 2.1 percent on year. Japan also will see final December figures for its leading and coincident indexes; their previous readings were 91.6 and 94.7, respectively. The material has been provided by InstaForex Company – www.instaforex.com…

Trader on Chart app

Trader on Chart is a Forex Trading Tool created for faster and easier trading. Software is designed for Metatrader 4 platform. With Trader on Chart software you can open trades or place pending orders easily by one-click and the software will take care of the rest. It will choose the right lot size for your positions according to… Read More »

Forex Candlestick Secrets

This is not hype. Its not a pie in the sky. Its not a scam. Its also not a get rich quick scheme. Shows you a simple, proven way to start accumulating profits in your trading account without having to spend a fortune to acquire the necessary skills. Candlesticks Made Easy is a distilled, concentrated BLUEPRINT Jam-packed with… Read More »

Cara Bermain Forex dan Menggunakan Metatrader 4 Android | Belajar Forex untuk pemula

Bagi pemula saya sudah menyediakan bagaimana cara belajar forex untuk bener bener pemula, silahkan liat video saya sebelum nya. Jangan lupa subscribe +like dan komentar Jangan lupa kunjungi www.forexbatam.com

Technical analysis on Gold for February 25, 2020

Gold price is pulling back after making a spike higher in early trading this morning at $1,689. The Daily candlestick is a bearish reversal one as the long upper tail with a hammer formation does not leave us with the confidence that a new high is coming soon.Red lines – bullish channelGreen line – bearish divergenceGold price is making new highs not followed by the RSI. The RSI is making lower highs in what we call a bearish divergence. This is an important warning. Not a reversal signal, but just a warning. Gold price has recently moved higher in a parabolic way, so it is normal to see big fluctuations and big drops as volatility rises. Weekly support is found at $1,600-$1,620 and we could see a pull back towards that area before we resume the up trend to $1,700.The material has been provided by InstaForex Company – www.instaforex.com…

Bank Of Israel Holds Rate Unchanged For Tenth Time

Israel’s central bank left the key interest unchanged for a tenth consecutive policy session, citing low inflation and weaker growth outlook. The Monetary Committee of the Bank of Israel decided to the rate unchanged at 0.25 percent. The previous change in the rate was a 15 basis point hike in November 2018. “The Monetary Committee’s assessment is that in view of the inflation environment in Israel, the monetary policies of major central banks, developments in the global economy and the risks to the domestic economy, and the development of the exchange rate, it will be necessary to leave the interest rate at its current level for a prolonged period or to reduce it,” the central bank said in a statement. The Committee is taking additional steps to make monetary policy more accommodative, the bank added. Regarding the coronavirus outbreak in China, the central bank said the event is casting uncertainty on the global as well as domestic economic outlook. Citing the prevailing assessment of global financial institutions that the outbreak is likely to be contained in the coming months and its economic impact is expected to be limited. Hence, the Bank of Israel expects no significant macroeconomic impact in Israel….