Community
Blog

Community Blog

Add post
Filtered by tags:  Quarterly
Avatar

DAY 10 - BoE QUARTERLY INFLATION REPORT

alifari Updated 10 Feb.  in #Trader's blog #Boe #Inflation #Quarterly #Report
An important news event is scheduled for tomorrow viz. BoE Quarterly Inflation Report and as a result my focus would be on GBPUSD pair.
In their last inflation report BoE stated that the economy is expanding at a slower pace than expected and price pressures declined from the previous three months. The slower growth was caused by sluggish expansion in global economies and weaker growth forecast.
The slowdown in the housing market and the low commodity prices weighing on CPI inflation as it dropp…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

U.S. Dollar - Japanese Yen preparing for further rise

scramble Posted 23 Aug. as Analysis on USD/JPY, Target: 102.5000, Date: 1st of October, 12:00 GMT  in #Technical analysis #Trend #USD/JPY #Breakout #Consolidation #Triangle #Monthly #Quarterly
This first chart is to show the nearest quarterly levels which will cause main reactions in price: the open 99.45 and the high 101.50.There is still more than one month left to close the quarter so let's watch the following chart:In this monthly setup, another important level comes together with previous ones: a past close/open price 100.40.Watching the overall candlestick pattern, I don't expect this month of August to close far from 99.00-99.20 and further develop will be possible during septe…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

6 Comments
View 1 more comments
VTTG avatar
VTTG 26 Sep.

Simple chart but useful and good

scramble avatar
scramble 26 Sep.

thank you VTTG :)

scramble avatar
scramble 26 Sep.

There are 3 trading days left to go for this contest expiry date and at the moment market is still unable to breake higher into 100's trading 98.94 while typing. In the same time there is not strong bearish move into 97's but possibilities to see a 4% rise in price in few days are small. Anyway the setup is actually still confirmed and eventually the move to the upside can happen later during next month.

scramble avatar
scramble 30 Sep.

Few hours left for contest expiry and even fewer possibilities to see my target price. The consolidation into this 98 - 99 kept far more than expected!

Maria_r avatar
Maria_r 13 Oct.

very interesting

orto leave comments
Avatar

USD/CAD expecting continuation upward.

scramble Posted 13 May as Analysis on USD/CAD, Target: 1.0380, Date: 1st of July, 12:00 GMT  in #Technical analysis #USD/CAD #Breakout #Consolidation #Impulse #Fibonacci Extension #Fibonacci Retracement #Parity #Retrace #Quarterly #Key Price #Price Reject
During this quarter the instrument found support near 1.000 which is an important key price level and round number (1). In the first chart here below we also see the quarterly opening 1.0171 (2) and previous top 1.0341 (3). This current candle will close with the end of June so to better understand the whole situation I would consider the following chart showing the instrument in weekly timeframe: Still points '1-2-3' show us the quarterly low, open and previous high. In the chart it is very n…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

6 Comments
View 1 more comments
scramble avatar
scramble 18 May

:D

scramble avatar
scramble 22 May

update: the move up have been far steeper than what expecte! price is already > 1.0330 and > 1.0350 showing a strong upward momentum. My analysis was less optimistic. However, at this point price will have the opprtunity to reach higher resistances 1.0450 and 1.0550 where will eventually find new pressure to re-test broken ones.

scramble avatar
scramble 22 May

here's the link to the updated daily charts:
http://i.imgur.com/U4Dj2Wc.png

Skif avatar
Skif 31 May

the forecast was one in one!

scramble avatar
scramble 1 July

Price moved as forecasted, the only problem is the very steep first impulsive move higher than 1.0400 followed by an almost 70% retrace and continuation vertical upward in last week going some 100 pips higher than my forecasted level.

orto leave comments

Top bloggers

Blogger Posts / Likes

Top rated posts