Daily Market Analysis from ForexMart

Page 117 of 123 FirstFirst ... 1767107115116117118119 ... LastLast
Results 1,161 to 1,170 of 1227

Thread: Daily Market Analysis from ForexMart

  1. #1161
    Senior Member
    Join Date
    Feb 2022
    Posts
    903
    Thanked: 0

    Default

    Daily Market Analysis from ForexMart
    shop nó rất có *ch với mình, thanks bạn nhiều nhé
    LH 0566266601

  2. #1162
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    912
    Thanked: 0

    Default

    Tips for beginner traders in EUR/USD and GBP/USD on September 7, 2022

    Details of the economic calendar for September 6

    The further aggravation of the energy crisis in Europe puts pressure on the markets, which does not allow the euro to move into the stage of a full correction.

    German Chancellor Olaf Scholz said yesterday that the energy crisis will last for several more years. This statement caused the euro to accelerate its decline.

    Meanwhile, UK's construction Purchasing Managers' Index (PMI) was published, which rose to 49.2 instead of the expected decrease from 48.9 to 48.0. However, the market ignored the statistics.

    During the American trading session, the US services Purchasing Managers' Index (PMI) was published, which fell more than expected from 47.3 to 43.7. Again, there was no reaction to the statistical data.

    Analysis of trading charts from September 6

    The EURUSD currency pair is stubbornly trying to prolong the downward trend, as indicated by a number of attempts by traders to stay below the 0.9900 level in the daily period. There is no clear signal of prolongation for the Tuesday period.

    The GBPUSD currency pair, after a short pullback, again rushed down towards the local low of 2020 (1.1410). This move indicates the continuing downside mood among traders in the market.

    It is worth noting that the pound sterling has a positive correlation with the euro. Thus, we observe identical cycles in the market.

    Economic calendar for September 7

    Today, the publication of the third estimate of Eurozone GDP is expected, where there will be no reaction in the market if the data coincides with the previous two estimates. If there is a discrepancy in the statistical data, then a speculative activity may appear depending on the indicators.

    Time targeting:

    EU GDP 09:00 UTC

    Trading plan for EUR/USD on September 7

    Market participants still expect the price to hold below 0.9900 in the daily period. This move will indicate the possibility of further weakening of the euro towards 0.9500. It is worth considering that a variable level of 0.9850 stands in the way of the downward cycle. Thus, a confirming signal about the downward move will be received after its breakdown.

    The upward scenario considers the absence of holding the price beyond the control values. In this case, another rebound is possible, with the price returning above the parity level.

    Trading plan for GBP/USD on September 7

    In order for a signal to prolong the long-term downward trend to appear, the quote needs to be firmly held below 1.1400 in the daily period.

    In the opposite case, it is impossible to exclude the scenario of a price rebound from the 2020 low area with a subsequent amplitude of 1.1450/1.1600.
    Regards, PR-Manager ForexMart

  3. #1163
    Senior Member
    Join Date
    Feb 2022
    Posts
    157
    Thanked: 0

    Default

    me up phụ shop n*o nhớ thanks em nha em l* khách quen của shop đó hi hi ^^

  4. #1164
    Senior Member
    Join Date
    Feb 2022
    Posts
    903
    Thanked: 0

    Default

    co Liên hệ với mình nha
    LH 0823780583

  5. #1165
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    912
    Thanked: 0

    Default

    Hot forecast for EUR/USD on 08/09/2022

    The single currency has come close to parity, and this has nothing to do with the third assessment of the eurozone GDP in the second quarter. Which, by the way, turned out to be somewhat better than the previous one, which showed a slowdown in economic growth from 5.4% to 3.9%. According to the latest data, the growth rate slowed down to only 4.1%. So Europe is a little further away from recession than previously thought. But the euro did not immediately start rising after the release of the data, but only after a couple of hours. This happened amid growing confidence that the European Central Bank will raise the refinancing rate by 75 basis points today. It is quite obvious that this is the main driving force and the central event of the week. More important than this is the upcoming board meeting of the Federal Open Market Committee. The very fact of raising the refinancing rate, although it will lead to further growth of the single currency, is not strong. Yes, and not long. In fact, much more important is what ECB President Christine Lagarde will say during the subsequent press conference. If Lagarde announces a further significant tightening of monetary policy, then the euro's growth will be quite serious and prolonged. Otherwise, everything will return to normal pretty quickly, and the single currency will again fall below parity.

    Change in GDP (Europe):

    The EURUSD currency pair tried to overcome the control value of 0.9900 for three consecutive days, but the market participants failed to stay below it in the daily period. As a result, there was a price rebound, which led to a reverse move towards the parity level.

    Technical instruments RSI H4 jumped above 60 due to the pullback stage. This is the highest indicator since August 12. In the case of further growth in the value of the euro, there may be a premature overheating of long positions. At the same time, RSI D1 is moving in the lower area of the indicator, which corresponds to a downward trend in the medium term.

    Moving MA lines on Alligator H4 have primary intersections with each other. This signal emerged due to a sharp price momentum during the past day. In this case, it indicates a slowdown in the downward cycle. The Alligator D1 indicator line is directed downward, which corresponds to the direction of the main trend.

    Expectations and prospects

    Despite the possible overheating of long positions in short-term time periods, speculators can still send the euro up due to the results of the ECB meeting. In this case, local price movement above 1.0050 is not excluded.

    In the work, it is worth considering that speculative hype is not the basis for a stable price movement. In the event of a slight change in the mood of speculators, mass consolidation of long positions is possible, which will lead to a reverse price movement.

    Comprehensive indicator analysis in the short-term and intraday periods indicate an upward signal, due to the rollback stage from the value of 0.9900. In the medium term, technical instruments, as before, are focused on a downward trend.
    Regards, PR-Manager ForexMart

  6. #1166
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    912
    Thanked: 0

    Default

    Analysis and trading tips for EUR/USD on September 9​​​​​​​

    Analysis of transactions in the EUR / USD pair

    Euro tested 0.9985 at the time when the MACD was far from zero, which limited the downside potential of the pair. Sometime later, it tested the level again, but this time the market signal that was to buy, which led to a price increase of around 40 pips. In the afternoon, another buy signal was formed at 0.9941, and this also resulted to a rise of more than 40 pips.

    The ECB's decision to raise rates by 0.75% led to a slight decrease in euro because markets already expected that outcome. But after Christine Lagarde said another increase is possible in October, demand rose, which led to the rise of EUR/USD. US data on jobless claims and speech of Fed Chairman Jerome Powell were ignored by markets.

    A number of reports are scheduled to be released today, including the change in the volume of industrial production in France. There will also be another speech from ECB President Christine Lagarde, which may add optimism in markets. The EU economic summit and Eurogroup meeting may also have a positive impact on euro, especially if decisions are made to support the population and pay off their energy debts. In the afternoon, there are no important statistics in the US, except for changes in the volume of stocks in wholesale warehouses. There will be presentations from FOMC members Charles Evans, Christopher Waller and Esther George, but all of them are likely to talk about further increases in interest rates.

    For long positions:

    Buy euro when the quote reaches 1.0078 (green line on the chart) and take profit at the price of 1.0135. Growth may continue today as the ECB raised interest rates by 0.75%.

    Take note that when buying, the MACD line should be above zero or is starting to rise from it. Euro can also be bought at 1.0042, but the MACD line should be in the oversold area as only by that will the market reverse to 1.0078 and 1.0135.

    For short positions:

    Sell euro when the quote reaches 1.0042 (red line on the chart) and take profit at the price of 0.9998. Pressure will return if the Fed remains hawkish on its monetary policy.

    Take note that when selling, the MACD line should be below zero or is starting to move down from it. Euro can also be sold at 1.0078, but the MACD line should be in the overbought area, as only by that will the market reverse to 1.0042 and 0.9998.
    Regards, PR-Manager ForexMart

  7. #1167
    Senior Member
    Join Date
    Feb 2022
    Posts
    903
    Thanked: 0

    Default

    shop Chúc bạn đắt h*ng
    Hỗ trợ 2526333074

  8. #1168
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    912
    Thanked: 0

    Default

    But we don't care: USD/JPY is rushing like a tank, ignoring all the negative factors

    After Friday's fall, the dollar-yen pair finds the strength to rush upward. The asset demonstrates a confident upward trend at the beginning of the week, despite the predominance of negative factors.

    Recall that last Friday the USD/JPY pair underwent intense sales. The quote fell by more than 1%, being under pressure from the growing risk of foreign exchange intervention.

    The Japanese authorities significantly tightened their warning of their intervention after the yen came close to a new 24-year low of 145 in the middle of the week.

    Many analysts believe that this key threshold is a red line for the Japanese government. As soon as the yen crosses it, officials will move from words to deeds.

    Over the weekend, the risk of actual rather than verbal intervention increased significantly. On Sunday, Deputy Cabinet Secretary General Seiji Kihara said the authorities were deeply concerned about the excessive fall in the yen.

    According to him, in the near future the government should take a number of measures in order to stop the depreciation of the national currency.

    At the same time, Kihara refused to give any comments on the country's monetary and credit rate. This once again confirms that at this stage, Japanese politicians are not considering the possibility of helping the yen by raising interest rates.

    The only option now being discussed at the top echelon is foreign exchange intervention. But will it bring the desired result if it is one-sided?

    For intervention to be effective, support from the Federal Reserve and other central banks is needed. However, right now, as major central banks fight inflation with policy tightening, global official support for the yen looks unlikely, said National Australia Bank currency strategist Rodrigo Catril.

    The expert is confident that the yen will stop falling only as a result of a change in the exchange rate of the Bank of Japan.

    To strengthen the currency, the central bank must abandon its ultra-soft policy and start raising the rate. Otherwise, the yen is waiting for a further collapse.

    With no signs of BOJ capitulation on the horizon right now, the market has no choice but to ignore yet another warning of FX intervention.

    Traders are well aware that even in the event of an actual intervention, the recovery of the yen will be very short-lived, so they resume long positions on the USD/JPY pair again.

    The asset returned to the area above 143 on Monday morning.

    Even the news that Japan intends to further weaken border controls when entering the country did not prevent its rise.

    According to the Nikkei newspaper, the Japanese government may lift all current restrictions on foreign nationals entering the country by October.

    The authorities hope that the rise in inbound tourism will help revive the fragile Japanese economy and thereby support the yen that has fallen heavily this year.

    Another negative factor that the USD/JPY pair stubbornly turns a blind eye to this morning is tomorrow's release of US inflation statistics for August.

    According to forecasts, the consumer price index on an annualized basis will decrease to 8.1% from the previous value of 8.5%.

    It would be quite logical to expect that the weakening of inflationary pressure for the second consecutive month will force the Fed to reduce the degree of aggressiveness in relation to interest rates.

    Despite a possible decline in inflation, prices still remain well above the 2% target.

    Based on this, the markets continue to believe that the US central bank will raise rates by 75 bps in September. The probability of such a step is now estimated at 85%.

    Traders' unwavering confidence in the Fed's determination is a key driver for the dollar, especially against the Japanese yen.

    Most analysts believe that the USD/JPY asset could again demonstrate an impressive rally in the coming days, as moment X is just around the corner.

    The US central bank's meeting on monetary policy issues, at which the decision on interest rates will be announced, will be held on September 20-21.

    As the event approaches, hawkish expectations about the Fed's course should intensify even more. This will push the dollar to new heights, and the yen - to the next anti-records.
    Regards, PR-Manager ForexMart

  9. #1169
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    912
    Thanked: 0

    Default

    US stocks closed higher, Dow Jones up 0.71%​​​​​​​

    At the close in the New York Stock Exchange, the Dow Jones rose 0.71%, the S&P 500 index rose 1.06%, the NASDAQ Composite index rose 1.27%.

    The leading performer among the components of the Dow Jones index today was Apple Inc, which gained 6.06 points or 3.85% to close at 163.43. Quotes of American Express Company rose by 4.01 points (2.53%), closing the session at 162.45. Salesforce Inc rose 3.04 points or 1.87% to close at 165.63.

    The biggest losers were Amgen Inc, which shed 10.07 points or 4.07% to end the session at 237.62. Home Depot Inc was up 2.23 points (0.74%) to close at 297.54, while Johnson & Johnson was down 0.07 points (0.04%) to end at 165. .64.

    Leading gainers among the S&P 500 index components in today's trading were DXC Technology Co, which rose 5.98% to hit 28.36, APA Corporation, which gained 5.01% to close at 40.00, and shares of Fortinet Inc, which rose 4.20% to end the session at 55.84.

    The biggest losers were The Mosaic Company, which shed 6.76% to close at 52.44. Shares of Amgen Inc lost 4.07% to end the session at 237.62. Quotes of CF Industries Holdings Inc decreased in price by 4.05% to 99.48.

    Leading gainers among the components of the NASDAQ Composite in today's trading were Neurobo Pharmaceuticals Inc, which rose 101.30% to hit 0.56, InMed Pharmaceuticals Inc, which gained 70.42% to close at 18.78, and also shares of Ventyx Biosciences Inc, which rose 64.98% to end the session at 38.11.

    The biggest losers were Tuesday Morning Corp, which shed 31.19% to close at 0.19. Shares of WeTrade Group Inc lost 30.19% and ended the session at 1.11. Akari Therapeutics PLC was down 27.88% to 0.75.

    On the New York Stock Exchange, the number of securities that rose in price (2,360) exceeded the number of those that closed in the red (764), while quotes of 160 shares remained virtually unchanged. On the NASDAQ stock exchange, 2431 companies rose in price, 1384 fell, and 259 remained at the level of the previous close.

    The CBOE Volatility Index, which is based on S&P 500 options trading, rose 4.74% to 23.87.

    Gold futures for December delivery added 0.43%, or 7.45, to $1.00 a troy ounce. In other commodities, WTI crude for October delivery rose 1.36%, or 1.18, to $87.97 a barrel. Brent oil futures for November delivery rose 1.44%, or 1.34, to $94.18 a barrel.

    Meanwhile, on the Forex market, EUR/USD rose 0.81% to hit 1.01, while USD/JPY edged up 0.21% to hit 142.82.

    Futures on the USD index fell 0.60% to 108.08.
    Regards, PR-Manager ForexMart

  10. #1170
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    912
    Thanked: 0

    Default

    in ro ham eslah kon:
    Hot forecast for EUR/USD on 14/09/2022

    Inflation in the United States of course slowed down, but not to 8.1%, but to 8.3%. At the same time, in monthly terms, it increased by 0.1%, while it was expected to decline by 0.2%. In addition, the core inflation rate, instead of remaining unchanged, accelerated from 5.9% to 6.3%. Monthly data on the core inflation rate showed an increase of 0.6%, while the forecast was 0.4%. After that, everyone immediately started talking about the fact that in just a week the Federal Reserve would raise the refinancing rate by 100 basis points. And the single currency literally fell below parity in the blink of an eye.

    Inflation (United States):

    The situation is aggravated by the fact that until next Wednesday, when the meeting of the Federal Open Market Committee takes place, representatives of the Fed will not make any official statements. They can't even comment on the situation with inflation. Internal rules forbid it. In other words, market participants will be able to focus only on macroeconomic statistics and its interpretation by various media. Data on producer prices will be released today, the growth rate of which seems to be slowing down from 9.8% to 8.9%. If these forecasts are confirmed, then it will be possible to assume that inflation will still gradually slow down, and then a rebound is possible, and the euro's return above parity. But if the producer price index declines even a little less, then the market will panic again, and the dollar will further strengthen its positions.

    Producer Price Index (United States):

    The EURUSD currency pair fell over 200 points in the course of speculative operations during the past day. This movement led to the return of quotes below the parity level.

    Technical instruments RSI H1 during the intensive weakening of the local euro fell below 22. This signal indicated a high level of oversold in short-term time periods. RSI H4 and D1 are moving in the lower area of the 30/50 indicator, which corresponds to a downward trend.

    The MA moving lines on Alligator H4 changed direction from top to bottom, this was caused by sharp price changes a day earlier.

    Expectations and prospects

    The overheating of euro short positions led to a technical rollback, which is considered a common phenomenon in the market in case of inertial movement. A gradual recovery of the euro exchange rate is possible, but only in case prices are stable above the parity level. Under this scenario, growth in the direction of 1.0050-1.0120 is possible.

    An alternative scenario for the development of the market considers the continuation of the downward cycle, in which the technical signal of oversold will be ignored by traders. In this case, keeping the price below 0.9950 will eventually lead to a new low of the downward trend.

    Comprehensive indicator analysis in the short-term and intraday periods indicate a downward cycle, due to the inertial price movement. In the medium term, technical instruments have a sell signal, which corresponds to a downward trend.
    Regards, PR-Manager ForexMart

Similar Threads

  1. Daily Market Analysis by FxGrow
    By FxGrow Support in forum Daily Market Analysis
    Replies: 79
    Last Post: 10-14-2015, 04:52 PM
  2. EUR/ USD Daily Market Analysis 10 August
    By Emmafx in forum Daily Market Analysis
    Replies: 0
    Last Post: 08-10-2012, 09:54 AM
  3. EUR/ USD Daily Market Analysis 9th August
    By Emmafx in forum Daily Market Analysis
    Replies: 0
    Last Post: 08-09-2012, 09:08 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us