Tag: fundamental analysis

EUR/USD: Fed’s Rhetoric Becomes More Hawkish

Technical Analysis
GROWTHACES.COM Forex Trading Strategies Trading Postions EUR/USD trading strategy: long at 1.1285, target 1.1500, stop-loss 1.1180 GBP/USD trading strategy: long at 1.5280, target 1.5480, stop-loss 1.5185 AUD/USD trading strategy: long at 0.7780, target 0.7930, stop-loss 0.7710 EUR/JPY trading strategy: long at 134.10, target 137.00, stop-loss 134.10 AUD/NZD trading strategy: short at 1.0610, target 1.0380, stop-loss 1.0540 Pending Orders EUR/CHF trading strategy: buy at 1.0400, target 1.0700, stop-loss 1.0345, risk factor * NZD/USD trading strategy: buy at 0.7340, target 0.7660, stop-loss 0.7270, risk factor ** EUR/USD: Fed’s Rhetoric Becomes More Hawkish (stay long) San Francisco Federal Reserve Bank President John Williams (voting, dovish) said the time
Forex Fundamentals: Interest Rates and Central Banks

Forex Fundamentals: Interest Rates and Central Banks

Financial Markets Explained
At a time when interest rates across the developed economies of the world are at record lows, Interest rates is a fundamental economic indicator that cannot be ignored. No wonder, why speeches from Central Banks and monetary policy minutes are so eagerly watched every month. On average, around the release of this news, which also includes interest rate decisions, the respective currencies tend to be very volatile and the price action leading into a few hours after the release usually tend to change trend or continue the prevailing trend. Understanding Interest Rates The concept of a stronger currency attracting higher interest rate in comparison to other currencies forms the basis of the interest rate parity. Investors tend to seek high yielding currencies, or in other words, currencies ...
Fundamentals influencing Forex Markets – Trade Balance

Fundamentals influencing Forex Markets – Trade Balance

Financial Markets Explained
Most traders tend to get their heads deep into the technical analysis of things. From monitoring chart patterns to support/resistance levels and moving averages, clearly, for the trader technical analysis rules. For someone holding their positions for a few hours to a few days, the above approach of relying solely on technicals can be rewarding. However, for the rest of the lot and for the intra-daytrader paying attention to some fundamental data can help in making better calls before taking on a trade. In this series of articles, we explore a few basic fundamentals that move the forex markets, which is something an investor and even a trader must pay attention to. Balance of Trade or Trade Flows The balance of trade is one of the most basic fundamental data to pay attention too. Whil...

Binary options strategy – Using back testing

Trading Articles
Speculating the future direction of the financial markets is one of the most often used binary options strategy by traders and investors. There are various number of tools to investors to determine a good binary options strategy, if not exactly then at least give a rough idea on where the future prices might be located in the chart. Technical analysis, statistical models, or even fundamental analysis are some of the tools that helps the traders to determin the earnings or any economic data that has the potential to change the current trading environment. Given that there are so many tools available at your disposal, the one question that comes to every trader's mind is the effectiveness of such tools and how much they can benefit the trader to make the right trading decisions. This i...

USD/JPY Daily Fundamental Analysis for July 05, 2011

Uncategorized
The USD/JPY pair started the week with losses due to the volatility in the foreign exchange market, where the dollar continued its weakness against most of its major counterparts. The Japanese yen was able to start the week with some gains against the dollar and the euro, as the unstable dollar encouraged investors to invest in the low yielding yen in the absence of U.S. markets on Monday on Independence Day celebrations. On the other hand, the BOJ Governor noted that the central bank will continue the wait and see approach, as most of the central banks across the globe started to withdraw their stimulus packages which could affect negatively the global recovery. The wait and see policy could force the Japanese yen to stay at current levels against the dollar, where the pair maint...