Блог VAIBS1991

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Analyzing USD/JPY

USD
In USA Federal Reserve of United states of America is likely to keep the Interest Rate unchanged at 1 to 1¼ percent in next monetary policy meeting. In the view of FOMC members the US economy is expected to continue to expand at a moderate pace although uncertainty persists about low inflation and fiscal and government policies. Fed is expecting the ongoing job gains to continue to support the growth of incomes. It is also likely to keep the dot plot unchanged which shows three rate hike in …
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Predicting NZD/USD

NZD
The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.
USD
In the United States the Federal Reserve has a much more positive outlook abou…
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VAIBS1991 4 Авг.

The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.

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Predicting AUD/USD

AUD
In recent meeting held on 4th July RBA though kept interest rates unchanged but gave much more positive indications about growth in economy. Governor Lowe said, business investments have picked up, employment growth has become stronger, though Wage growth remains low, however, and this is likely to continue for a while yet. Inflation is expected to increase gradually as the economy strengthens. The various forward-looking indicators point to continued growth in employment over the period ahe…
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VAIBS1991 4 Авг.


National Australia Bank's Business Confidence is likely to come at 7 this month which will give much more positive indications about growth in economy. As per recent National Australia Bank's Business Confidence data inflation is expected to rise gradually, business investments is picking up, employment growth has become stronger, though labor hours remains week. The various forward-looking indicators point to continued growth in employment over the period ahead. Economic growth is still expected to increase gradually over the next couple of years to a little above 3%.

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Predicting EUR/NZD

EUR
The consumer confidence in Euro Area has been on rise for last couple of months as we can see from the growth seen in Household consumption and public spending. The construction sector has also grown at remarkable pace adding more jobs to the economy and thus more disposable income in people's hands.As people's faith in future growth in employment, jobs rise we will see even better general economic situation and major purchases of durable goods leading to better consumer confidence numbers.
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VAIBS1991 4 Авг.

The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector  should show rebound next quarter.

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VAIBS1991 9 Авг.

A very promising up trend formation is being seen in EUR/NZD. If Reserve Bank of New Zealand holds the cash rate steady in tomorrows monetary policy meeting while indicating the willingness to be accommodating in monetary policy in view of recent softening of economic data; NZD may weaken further. Thus driving EUR/NZD even higher. 

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A retracement is possible in NZD/USD.

NZD
The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.
USD
In the United States the Federal Reserve raised the interest rates from the ba…
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EUR/JPY will continue uptrend.

EUR
The consumer confidence in Euro Area has been on rise for last couple of months as we can see from the growth seen in Household consumption and public spending. The construction sector has also grown at remarkable pace adding more jobs to the economy and thus more disposable income in people's hands.As people's faith in future growth in employment, jobs rise we will see even better general economic situation and major purchases of durable goods leading to better consumer confidence numbers.
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USD/CAD Analysis.

On the US dollar front there is a feeling that the economy is not as strong as everyone thinks and/or the Trump-growth agenda will take much longer than expected to implement and the Fed intends to push ahead with a three-hike plan that in and of itself, will trigger an economic retrenchment.
In Canada, recent consumption and housing indicators suggest growth in the fourth quarter of 2016 may have been slightly stronger than expected. However, exports continue to face the ongoing competitiveness…
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Predicting CAD/JPY

In the pair of CAD/JPY there are not many reasons for CAD to appreciate but still CAD/JPY may rise as JPY has been depreciating against most currencies in wake of increasing Fed rate hike bets. Moreover if the OPEC members agree for Crude Oil production cap deal it will be a boost to the CAD/JPY.
On the weekly charts CAD/JPY has been in the down trend since December 2014. As of now there is not much clarity on trend on longer time frame but I am expecting the current bullish headwinds for the CA…
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Gold: Waiting for the Fed's Trigger.

Gold has been trending down since highs of September 2011 at $1920/oz. It's pullback from the December 2015 lows had taken XAU to $1375/oz which is also it's Fibonacci retracement of 38.2% on monthly charts.Early 2016 risk off sentiments and latter on Brexit helped price push higher.
Now there is a strong likelihood of Federal Reserve raising Fed's fund rates in December meeting which may cause a downward pressure on golds prices. A strong inverse relationship between the policy path implied in …
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Tracing the EUR/JPY Retracement

If we look at EUR/JPY monthly chart it has been trading in the range of 188 touched in May 1990 to 90 touched in October 2000 with a downward bias. The current downward trend began in December 2014 from the levels of 150 on monthly charts.
After falling to the lows of 109.6 in June 2016 it has been in retracement mode with support coming in at price levels of 112.2.
I expect it to trade in range for few more weeks before it resumes it's downward trend again.
I expect the price to be around 117.2…
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